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…
Today’s selling is actually based on weak Chinese manufacturing data rather than any direct E.U. woes. We have focused on mostly European ADRs this morning for the big movers and shakers, or…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. American Eagle Outfitters, Inc. (NYSE: AEO) Raised to Neutral from Sell…
The world’s largest mining company, BHP Billiton plc (NYSE: BHP) reported an increase in profits of 86% and a revenue increase of 36% for its 2011 fiscal year ended June 30th. But…
Hurricane Irene will move up the East Coast, possibly hurting business activity. (Reuters) Sprint-Nextel (NYSE: S) to begin selling the Apple (NASDAQ: AAPL) iPhone 5 in mid-October. (Reuters) Samsung to begin an…
The global diamond mining industry may be one of the world’s best-kept secrets. Next to anything else having to do with diamonds, that is. The four largest diamond miners in the world…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Allscripts Healthcare Solutions, Inc. (NASDAQ: MDRX) Raised to Buy at Auriga.…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Annaly Capital Management, Inc. (NYSE: NLY) Started as Market Perform at…
The number of stocks that made substantial gains for the week was limited. The great exception to that rule was Petrohawk Energy Corporation Co (NYSE: HK) which jumped 62.5% on Friday after…
The largest mining company in the world just got a little bigger. Australia’s BHP Billiton Ltd. (NYSE: BHP) has agreed to acquire Petrohawk Energy Corp. (NYSE: HK) for $12.1 billion, a premium…
TSMC may replace Samsung as the maker of chips for the Apple (NASDAQ: AAPL) iPad (Reuters) Google (NASDAQ: GOOG) earnings surpassed Wall St. expectations and shares surged (Reuters) S&P warned the U.S.…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Amazon.com Inc. (NASDAQ: AMZN) Started as Neutral at Collins Stewart. Baidu,…
An organization called the International Nickel Study Group is projecting a 60,000 metric ton surplus of nickel by the end of 2011, compared with a shortage of 30,000 metric tons at the…
Consulting firm Pricewaterhouse Coopers has released its annual review of the mining industry, claiming that “the financial results for the Top 40 were spectacular.” That’s pretty hard to argue with, given a…
Ollanta Humala, a left-leaning nationalist, won nearly 51% of the vote in Sunday’s presidential election in Peru and will take office in late July. Humala has promised to raise royalty payments on…
