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Iron Ore, Steel Falling And Taking The Sector With It
Tuesday, July 7, 2015 - 12:21pm | 513Read More...Iron ore prices continued falling on Tuesday after a rebound in Chinese port stockpiles hurt the outlook for the commodity. According to Mining.com, the benchmark 62 percent Fe import price including freight and insurance at the Chinese port of Tianjin lost $2.68 per tonne and traded at $49.60. The...
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World Bank: Developing Countries Face 'Tough Challenges,' Global Economy Will Grow 2.8% This Year
Thursday, June 11, 2015 - 11:28am | 318Read More...The World Bank stated in its latest Global Economic Prospects (GEP) report on Wednesday that 2015 is gearing up to be the fourth consecutive year of disappointing economic growth, particularly for emerging economies. "Developing countries were an engine of global growth following the financial...
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Morgan Stanley: Barrick Gold Must Cut Debt Before Executing Its 'Back To The Future' Plan
Monday, February 23, 2015 - 1:40pm | 254Read More...In a report published Sunday, Morgan Stanley analyst Brad Humphrey commented that Barrick Gold Corporation's (NYSE: ABX) $3 billion debt reduction plan was "ambitious" when first introduced in late 2014, but accomplishing it by the year-end deadline will require "significantly...
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Credit Suisse Lowers Vale Price Target To Reflect Deflated Commodity Prices
Monday, December 15, 2014 - 10:40am | 256Read More...Ivano Westin of Credit Suisse on Monday maintained an Underperform rating on shares of Vale SA (ADR) (NYSE: VALE) with a price target lowered to $7.50 from a previous $10.70 due to lower commodities prices. Westin is forecasting a “lackluster” steel production with an average...
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Shipping ETF Falls On Hard Times As Commodities Dip
Friday, December 5, 2014 - 1:29pm | 525Read More...Stocks involved in the shipping industry can be one way to play the transportation sector and global economic expansion theme. However, the continued collapse in worldwide commodity prices and economic uncertainty in Europe has sent prices of these companies lower in recent months. Both...
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Morgan Stanley's Top International Mining Stocks
Thursday, December 4, 2014 - 2:37pm | 511Read More...In a recent report, Morgan Stanley released its top stock picks in the international mining sector. Not all stocks sell on American exchanges, but Morgan Stanley provides reasons to go shopping abroad for each of these six companies. New Boliden (Price target: +3 percent) This Swedish...
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Freeport-McMoRan Inc. Tumbling, Reflecting Weak Prices In Underlying Commodities
Friday, September 5, 2014 - 4:01pm | 427Read More...Freeport-McMoRan Inc's (NYSE: FCX) recent weakness is a good reflection of what's been happening in much of the commodities complex, which has been miserable for the most part. Freeport shares have long been a favorite of equity investors trying to play the moves in the commodities...
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Pan American Silver Corp. Trading Right At Key Support; Will It Hold?
Friday, September 5, 2014 - 2:14pm | 428Read More...Pan American Silver Corp. (NASDAQ: PAAS) shares are the number one go-to stock for traders and investors trying to play the moves in the silver futures indirectly. PAAS longs have been suffering through the gut-wrenching drop in silver prices for the last two months. So, how much more downside...
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2 Great Ways To Invest In Commodities
Friday, September 5, 2014 - 11:51am | 1052Read More...Many investors and professional money managers over the past ten to fifteen years have allocated a significant amount of funds into the ‘commodity' asset class. The reasons given for this allocation included equity-like long term returns, a guard against inflation and the printing of ‘fiat money'...
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Dow Jumps 129 & Hits a Record High; Twitter IPO Prices at $26
Wednesday, November 6, 2013 - 6:20pm | 1415Read More...Twitter (NYSE: TWTR) priced its initial public offering at $26 a share after Wednesday's trading, a touch lighter than investment bankers had hoped. It's not clear how the pricing, which values the company at roughly $14.2 billion, will affect markets on Thursday. Stocks mostly finished higher...
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Market Wrap: Stocks End Flat, but Tesla Shares Sag After Hours
Tuesday, November 5, 2013 - 6:17pm | 2032Read More...Stocks ended Tuesday basically flat, as investors started to focus on economic realities. But the market could see some volatility Wenesday after parts of Tesla Motor's (NASDAQ: TSLA) third-quarter results disappointed investors. Shares were off sharply after hours. Keeping the market in check...
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Market Wrap: New Highs for Airlines, Boeing Boost Stocks
Monday, November 4, 2013 - 6:16pm | 877Read More...Stocks moved modestly higher on Monday for a second day in a row. The gains came despite a steep losses suffered by shares of mobile phone maker BlackBerry (NASDAQ: BBRY) and Kellogg (NYSE: K [FREE Stock Trend Analysis]) announcement it will cut seven percent of its workforce over the next...
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Market Wrap for October 29: Dow, S&P 500 Hit New Highs on Hopes Fed Won't Taper Bond-Buying
Tuesday, October 29, 2013 - 5:00pm | 1367Read More...Stocks pushed higher Tuesday in a rally that sent the Dow Jones industrials and the Standard & Poor's 500 Index to new highs. The Nasdaq Composite Index finished at a 13-year high. The rally was built on expectations the Federal Reserve will leave its current bond-buying program in place...
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Market Wrap For Friday, August 23: Market Rally Is No Fallacy
Friday, August 23, 2013 - 4:18pm | 740Read More...Despite weak economic data, markets rallied this afternoon pushing the major indexes (except the Dow) positive for the week. Major Averages The Dow Jones Industrial Average fell a gained 46.62 points, or 0.31 percent, to 15,010.36. The S&P 500 gained around 6.51 points, or 0.39 percent...
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Senate Banking Committee Hears Complaints About Big Banks From MillerCoors
Thursday, July 25, 2013 - 9:03am | 583Read More...Instead of “David versus Goliath,” the Senate Banking Committee had to sort out a “Goliath versus Goliath” scenario Tuesday, according to Reuters. Big aluminum buyers, represented by the second largest brewer in the U.S., charged that the largest banks in the country drove up their costs by...












