ThinkstockThe research team at Merrill Lynch has found that global investors remain very “underweight” in their holdings of metals and mining shares, while valuations do not look stretched. This contrasts with decent…
ThinkstockSince late June, copper prices have been trending upward, from a low of around $3.00 a pound to around $3.30 on Tuesday. Production is estimated to be 167,000 metric tons (tonnes) above…
ThinkstockAlmost every trading day 24/7 Wall St. covers research reports for analyst upgrades, analyst downgrades, and for new analyst coverage. We also cover specific sector calls that stand out above and beyond…
ThinkstockMetallurgical coal miner Walter Energy Inc. (NYSE: WLT) today cut its quarterly dividend from $0.125 to $0.01. The cut was demanded by creditors in order to let the company amend a $2.73…
July 23, 2013: U.S. equity markets opened higher this morning, but only the DJIA was able to stay in positive territory throughout the day. There was little economic data out of Europe…
ThinkstockFreeport-McMoRan Copper & Gold Inc. (NYSE: FCX) reported second-quarter 2013 results before markets opened this morning. The mining company reported diluted earnings per share (EPS) of $0.49 on revenues of $4.29 billion.…
Paul Ausick July 22, 2013: U.S. equity markets opened mixed this morning with the DJIA dipping on a poor earnings report from McDonald’s Corp. (NYSE: MCD). There was no economic data release of note in…
ThinkstockSlower-than-expected Chinese growth and Federal Reserve tapering discussions have severely affected the commodity world. Strengthening of the U.S dollar, unwinding of the global carry-trade and tame global inflation also have played their…
ThinkstockWith the market touching an intraday low of 1,560.33 on Monday, the S&P 500’s decline had reached 7% from the highs posted in May. Positive housing and consumer confidence data yesterday helped…
ThinkstockOne way that mining companies have tried to deal with rising costs and declining demand is to acquire oil and gas assets that are expected to help with revenues and profits now…
Paul Ausick U.S. equity markets opened higher this morning following a slightly upbeat report on eurozone manufacturing PMI. While not yet in positive territory, eurozone PMI rose as a whole and rose in most…
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Monday, June 3, 2013. They include Best Buy, Intel, LinkedIn. Lululemon and MetLife.
ThinkstockThere are a variety of ways to invest in precious metals. Buying gold or silver bars and coins is one. Exchange traded funds (ETFs) are another. A third way is by investing in mining…
U.S. equity markets opened lower this morning following a weaker-than-expected employment report from ADP and concern that Friday’s report from the Bureau of Labor Statistics will follow the ADP lead (more coverage…
Investors and traders are always on the lookout for fresh research ideas from Wall Street that will lead to higher income or more profits. 24/7 Wall St. reviews many fresh research calls…
