Jon OggThese are the top analyst calls of upgrades, downgrades and initiations we have seen from Wall St. research calls this Monday morning. Agrium Inc. (NYSE: AGU) named as Bull of the…
The single most important word in world markets for base metals and steel is “China.” With the slow-motion economic recovery in the global economy, the expected 8% or so growth in Chinese…
What happens when you have an appreciating dollar? Commodity prices tend to fall, all other things being equal. But what about when you have a scenario where risk-on investors are not buying…
From a high of around $4.60/pound in February of 2011, copper prices have fallen around $3.60/pound today, which is actually better than the price of around $3.40/pound at the beginning of the…
Markets opened slightly higher this morning but have been wobbling around the neutral line for the whole day. This morning’s report on the decline of housing prices (our coverage here) and the…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday. Activision Blizzard, Inc. (NASDAQ: ATVI) Started as Buy at Stifel Nicolaus. Apollo…
The metals and materials sector, including miners, has been hit hard by the weaker global economy. China’s manufacturing slowdown, the turmoil in Europe, and slow growth in the US have caused prices…
Newmont Mining Corp. (NYSE: NEM) is out with its preliminary estimates on 2011 production and an outlook for 2012. In 2011, the company expects gold production of about 5.2 million ounces at…
US markets opened up slightly this morning and have maintained a slight positive tone for most of the day. Today marks the unofficial beginning of another earnings season, with Alcoa kicking things…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Monday morning. Akamai Technologies, Inc. (NASDAQ: AKAM) Cut to Sell from…
From a high in February 2011 of about $4.60/pound, copper prices have fallen more than $1/pound to around $3.43/pound today. Prices have fallen for the past two days, primarily on fears that…
Peru was recently listed as one of the few nations which could actually face a ratings upgrade in 2012. Not all nations are being downgraded. Recent news of a new trade pact…
It seems that all of the nations around the world are facing sovereign credit ratings downgrades or warnings of downgrades. After the United States lost its prized “AAA” rating, the threat of downgrades hangs over…
US equity markets opened solidly higher this morning, but began to lose momentum by mid-morning. From there it’s been a mostly downhill day with the DJIA creeping back to nearly flat with…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. Amgen Inc. (NASDAQ: AMGN) Raised to Neutral with $57.00 price target objective…
