China Driving Copper Higher, Selectively
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…
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…
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.…
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…
The price of gold has risen by about $200 an ounce since the end of June and has scored about half that gain since the first of September. The yellow metal is…
The three major US stock indexes opened higher this morning as investors continue to hope for more central bank stimulation in weakening global economy. These investors are probably right that something will…
The three major US stock indexes opened modestly lower this morning as there was little news out of Europe and Asian markets closed mixed. Traders were waiting to hear more from Fed…
Thursday will mark yet another important day for this earnings season. The second quarter became more challenging for many companies, as we noted about so many tech warnings weighing on shares last…
Often, the media discusses the issue of high CEO pay, but what about high pay for members of the board? More than a dozen public company boards had directors whose compensation averaged…