These are some of Thursday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Annaly Capital Management, Inc. (NYSE: NLY) Raised to Outperform at Wells Fargo. Boston Scientific Corp. (NYSE:…
Investors appear to have lost faith in mining stocks, sending share prices down steadily throughout the year. Both iron ore and copper prices are down nearly 20% since the beginning of the…
Companies focused on mining and metals have been experiencing high volatility this year based on both the overall global economy and, in some cases, expected demand, especially from China. We have looked…
While the debate rages over whether or not the U.S. should enact legislation aimed to curb currency manipulation — and specifically the Chinese peg to the U.S. dollar — the impact of…
In what appears to be a counterintuitive move, CME Group (NASDAQ: CME) today raised its margin requirements for copper futures contracts. The requirement rose by 15%, from $6,750 to $7,763 for an…
Since the beginning of September, copper and corn prices have fallen dramatically, with copper off nearly -35% from its 12 month high and corn off about -25%. Because both are often seen…
Prospects for the global economy are currently as dark or darker than they’ve been since the financial crisis began three years ago. Consumers and investors likely see either another recession or at…
Active traders and day traders have many stocks to choose from this Friday morning. We are tracking news and moves in shares of Freeport-McMoRan Copper & Gold (NYSE: FCX), Hewlett-Packard Company (NYSE: HPQ), and NIKE,…
At yesterday’s meeting for investors, Rio Tinto plc (NYSE: RIO) offered a subdued forecast for the iron ore and copper markets going forward. There was some upbeat talk about new projects in…
Alpha Natural Resources Inc. (NYSE: ANR) and Walter Energy Inc. (NYSE: WLT) are signaling some disturbing trends that only bring on more fears of recession. The companies have both lowered their coal…
Jon C. Ogg Is the world economy slowing or are we at the trough? It depends upon whom you ask. A report today from Goldman Sachs is highlighting the great value in the metals and…
Today’s surprise report on the increase in housing starts has put some added energy into copper futures, which have been holding more or less steady this month following a rise of about…
Jon C. Ogg Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. AEGON N.V. (NYSE: AEG) maintained “Buy” but removed from Conviction Buy…
Copper prices have been on a steady upward march for about two weeks now, from around $4.06/pound to close at around $4.43/pound yesterday. China, the world’s top consumer of copper, gets credit…
One of the great marketing rules of all time comes from the shaving business: give away the razor; charge a lot for the blades. Gillette, now part of Proctor & Gamble Co.…
