Would Alcoa or Century Be Interested in Acquiring Noranda?
Noranda Aluminum announced Thursday morning that it has hired Morgan Stanley as an advisor to the company as it evaluates strategic alternatives.
Noranda Aluminum announced Thursday morning that it has hired Morgan Stanley as an advisor to the company as it evaluates strategic alternatives.
Jon OggStocks are at all-time highs now that a deal has been reached in Washington, D.C., and investors have to wonder which stocks are set to keep rising and which ones may…
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…
August 19, 2013: U.S. equity markets opened mixed this morning as the Nasdaq eked out a positive start. The rocky start to the week is being attributed to rising 10-year Treasury yields…
Jon OggStocks have pulled back from highs and investors are on the hunt for solid research ideas. 24/7 Wall St. reviews many analyst research calls from Wall Street and from boutique firms…
ThinkstockFor investors with the view that we have seen the worst of the correction in commodity stocks for 2013, or will soon shortly, the research team at Oppenheimer believes increased exposure to…
ThinkstockLast week Merrill Lynch hosted its 30th annual Metals and Mining conference in Barcelona Spain. While there was an overall positive tone at the conference, the big miners left investors more concerned…
ThinkstockAlcoa Inc. (NYSE: AA) is set to kick off first-quarter earnings trends today, and this will mark the start of earnings season. Investors and traders have for years tried to tie in…
The major US stock indexes opened slightly lower this morning and continued drifting lower all day. The Chicago PMI report got the day started on the wrong foot, showing a decline in…
Stocks opened firmly higher this morning and the DJIA rose by more than 130 points in the first hour of trading. The dollar gained strength against the euro putting more enthusiasm into…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Arcelor Mittal (NYSE: MT) Started as Equal Weight at Barclays. Avanir Pharmaceuticals, Inc. (NASDAQ:…
They’re Here! Next week will launch the corporate earnings season for the third quarter. The media is going to tell you that this is the most important earnings season in quite some…
Aluminum prices climbed by more than 10% from January through April this year, to rise above $1.22/pound before losing all it had gained and returning to about $1.10/pound. At today’s price of…
Time for our daily look at the world of commodity prices and key developments. This Friday brings gold and silver, corn prices on the rise, and even a positive read on aluminum. …
Alcoa Inc. (NYSE: AA) was the first component of the Dow Jones Industrial Average to report earnings. Last night’s report was actually above estimates on earnings even if revenues were a tad…