Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Monday. Aeropostale Inc. (NYSE: ARO) cut to Neutral at Janney Capital. AK Steel Holding…
ThinkstockAt a time when iron ore prices are falling like tears, Rio Tinto PLC (NYSE: RIO) has just received approval from the Australian state government to expand one of its iron ore…
ThinkstockDiamond company Harry Winston Diamond Corp. (NYSE: HWD) has agreed to purchase the Ekati diamond mine from the Canadian subsidiary of BHP Billiton PLC (NYSE: BHP) for $500 million. BHP owns 80%…
Major European equities markets are trading lower today as investors are waiting to see the impact of Hurricane Sandy on the heavily populated U.S. East Coast. The U.K.’s FTSE 100 is down…
The three major U.S. stock indexes opened higher this morning, aided by a better-than-expected report on U.S. retail sales and a smaller-than-expected rise in the Empire State manufacturing survey (more coverage here).…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations we have seen from Wall St. research calls this Monday. Alliant Techsystems (NYSE: ATK) raised to Outperform at FBR Capital…
Here we go again. We’d all feel cheated if a year were to pass without chatter about the possibility of a takeover of Alcoa Inc. (NYSE: AA). In 2007, BHP Billiton plc…
The three major U.S. stock indexes opened flat to slightly lower again this morning even though word leaked out of the European Central Bank’s likely bond-buying scheme (our coverage here). Official word…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Wednesday. Activision Blizzard Inc. (NASDAQ: ATVI) started as Buy at Jefferies. Adtran Inc. (NASDAQ:…
When the proposed $90 billion merger between Glencore International and Xstrata was first announced, the seeds of its failure were first planted. Glencore already owned 34% of Xstrata and could not vote…
nationsonline.orgEuropean stocks are up today on the possibility of further monetary stimulus in China boosted investor confidence, and investors await reports that may show the U.S. economy is improving. Prime Minister Jean-Claude…
The world’s largest companies have never had a reputation for showering investors with information about their financial situations and operations. The rules that might make them do so are too lax. Government authorities…
The announcement last February that Glencore International AG (OTC: GLCNF) would acquire mining giant Xstrata plc (OTC: XSRAY) has always faced one very big problem: just 17% of Xstrata shareholders voting against…
The single most important word in world markets for base metals and steel is “China.” With the slow-motion economic recovery in the global economy, the expected 8% or so growth in Chinese…
From a high of around $4.60/pound in February of 2011, copper prices have fallen around $3.60/pound today, which is actually better than the price of around $3.40/pound at the beginning of the…
