ThinkstockA shrinking global economy took a heavy toll on producers of nonprecious metals in 2012. Prices for base and industrial metals like copper, iron ore, and aluminum fell sharply as demand nearly…
U.S. equity markets opened flat to higher again this morning following the third revision to U.S. GDP growth in the third quarter and the report on new claims for unemployment benefits (more…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Thursday. Abbott Laboratories (NYSE: ABT) started as Outperform at William Blair. BlackRock Inc.…
Thinkstock2012 has been a mixed year for the base metals. 24/7 Wall St. is looking into 2013 to see what the new year may bring for the sector. The long and short…
courtesy of YouTubeThe Federal Reserve probably will add to its bond-buying programs as the economy continues to sputter. (Reuters) India begins an investigation into Wal-Mart Stores Inc.’s (NYSE: WMT) activity in the country,…
ThinkstockIf you just considered how uncertain things are right now, you might think that news coming out of China regarding its economy was still very soft. Data over the weekend showed China’s…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Monday. Abercrombie & Fitch Co. (NYSE: ANF) raised to Outperform at Baird. Advance…
ThinkstockAfter getting pummeled for two days, shares of Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) are getting a bit of boost today following an announcement from Moody’s that the proposed $9 billion…
Paul Ausick Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Thursday. Freeport McMoRan Copper & Gold Inc. (NYSE: FCX) cut to Neutral at…
U.S. equity markets opened essentially flat again this morning as investors waited to see what would happen with the many data releases due out today. In Europe, the non-manufacturing PMI numbers were…
At least one big mining firm has made acquisitions in the energy field in an effort to boost profits in the face of a slowdown in demand for mined materials. BHP Billiton…
Jon OggIs the so-called “Bernanke Put” really coming out of the market already? QE3 is still just beginning. And earnings season is now living up to the fears that many of us…
The three major U.S. stock indexes opened mixed this morning with the S&P 500 and the DJIA slightly lower and the Nasdaq slightly higher. In Asia Japan’s trade deficit was wider than…
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) reported third-quarter results before markets opened this morning. The mining firm posted adjusted diluted earnings per share (EPS) of $0.86 on revenues of $4.42 billion.…
Paul Ausick The three major U.S. stock indexes opened lower this morning, but the blame goes to some poor earnings report from U.S. firms rather than to international news. European markets were down slightly…
