Alexander M. Burnes

Nomura’s Alexander M. Burnes said that Global Metals & Mining represented a “tale of paradigms & anarchy.” He added that the view on the sector was cautious, and recommended quality stocks. An earlier report had suggested that the incentive pricing theory [IPT] model...

Shares of both Alcoa Inc (NYSE: AA) and Century Aluminum Co (NASDAQ: CENX) have been on a downturn through the year, having lost 42 percent and 82 percent, respectively, YTD. Nomura’s Alexander M. Burnes downgraded the ratings on both companies from Buy to Neutral, while reducing their...