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Short Interest In First Majestic Silver And Harmony Gold Doubles
Wednesday, April 13, 2016 - 1:52pm | 782Read More...Short interest in a number of stocks surged in the most recent settlement period. Two precious metals miners were among those stocks leading that trend in the final weeks of March. Shares of both of them rose in the period, as did the broader markets. As the first quarter drew to a close, it...
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High Expectations For Adobe Earnings, Not So Much For Oracle
Sunday, March 13, 2016 - 11:10pm | 563Read More...Two software giants are expected to report their latest quarterly results this week. Wall Street analysts are looking for strong results from only one of them. A handful of other companies are expected to report earnings this week as well. Off-season quarterly reports from a couple of big tech...
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Gerdau Loses 4%, Reports Indicate Company's Office Raided In Tax Corruption Operation
Thursday, February 25, 2016 - 11:00am | 130Read More...Shares of Gerdau SA (ADR) (NYSE: GGB), a Brazil-based producer of long rolled steel, fell more than 4 percent on Thursday following media reports the company's office has been raided by federal police. According to Reuters, Brazilian officials raided Gerdau's office and issued an arrest...
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Gerdau Announces New Agreement For Heavy Plates Production; Shares Surge Higher
Thursday, February 4, 2016 - 3:07pm | 239Read More...Shares of Gerdau SA (ADR) (NYSE: GGB) were trading higher by more than 8 percent on Thursday after the company announced it has signed a technical cooperation agreement with Japan-based JFE Steel Corporation. Gerdau, a Brazil-based producer of long rolled steel, noted in its press release that the...
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Four Brazilian Stocks with Momentum, and More Upside Potential
Monday, January 6, 2014 - 5:43pm | 947Read More...We recently pointed out that, by and large, Brazilian stocks missed last year's rally. However, steel producers Companhia Siderurgica Nacional (NYSE: SID) and Gerdau (NYSE: GGB) were among the top performing Brazilian stocks over the past six months. So were airline GOL Linhas Aereas...
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Seven Brazilian Stocks on a Roll
Tuesday, February 7, 2012 - 7:38am | 1001Read More...Brazilian stocks saw their best January in six years, due largely to strength in retail, utilities, oil and mining. Here's a quick look at some of the Brazilian stocks on a roll now. They are traded on U.S. exchanges and all pay some dividend. Companhia de Bebidas Das Americas (NYSE: ABV) ADS are...
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Gerdau Is Preferred Name In Brazilian Steel, Morgan Stanley Reports
Monday, November 8, 2010 - 9:53am | 73Read More...In a report released this morning, Morgan Stanley said that it is upgrading its Gerdau (GGBR4.SA) rating to Overweight. “Gerdau is our preferred name to regain exposure in Brazilian steel,” Morgan Stanley writes. “Following recent underperformance (GGBR4 has lagged its peers by 2,260 bps and the...
