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Short Interest In Abbott Labs And Baxter International Doubles
Thursday, May 26, 2016 - 8:24am | 563Short interest in a number of stocks surged in the most recent settlement period. Two health care stocks were among those leading that trend in the first weeks of May. The number of shares short in one of them doubled for the second period in a row. It does not appear that short sellers have "...
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Vale-BHP Venture Forced to Pay $5 Billion To Settle Government Lawsuit
Wednesday, March 2, 2016 - 10:12am | 183According to Reuters, Samarco Mineracao - a joint venture between VAle SA (ADR) (NYSE: VALE) and BHP Billiton Limited (ADR) (NYSE: BHP) - will pay at least 20 billion reais ($5 billion) over 15 years to the government as part of a settlement. Samarco Mineracao's settlement with the...
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Vale Loses 5% Following Production Report, Iron Ore Output Falls Short Of Expectations
Thursday, February 18, 2016 - 11:58am | 233Shares of Vale SA (ADR) (NYSE: VALE) were trading lower by more than 5 percent on Thursday after the company released its fourth quarter and full year fiscal 2015 production metrics. Vale said its iron ore output rose 2.9 percent from a year ago to 85.4 metric tons but fell short of the 88.3...
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Vale, BHP Billiton Shares In Free-Fall After Dam Disaster
Monday, November 9, 2015 - 10:11am | 424An iron ore mine co-owned by BHP Billiton Limited (ADR) (NYSE: BHP) and Vale SA A (ADR) (NYSE: VALE) exploded last week in Brazil, killing at least two people. Shares of BHP Billiton lost 5.29 percent on Friday, while shares of Vale fell 5.69 percent. Both stocks were trading lower during...
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Markets Boosted From Strong Earnings Releases, Jobless Benefits
Thursday, October 23, 2014 - 5:14pm | 2034U.S. stocks rose on Thursday after Wednesday's decline on strong earnings reports from Caterpillar and 3M. Also, U.S. data showed a decline in Americans filing for jobless benefits. The bullish sentiment on Wall Street may have been spoiled by fresh reports of a doctor who recently returned...
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IBM's Report Weighs On The Dow, Apple Helps Boost The Nasdaq, S&P 500 Extends Winning Streak
Monday, October 20, 2014 - 4:57pm | 2950U.S. stocks started the week on a positive note as all three major indices ended the day in positive territory. Dow component IBM reported a disappointing third quarter along with a cautious outlook weighing down the entire Dow index. The Nasdaq benefited from high expectations over Apple's...
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Memories Of March Return As Momentum Stocks Hit Hard
Tuesday, July 8, 2014 - 4:49pm | 1900U.S. stocks sold off hard with momentum stocks seeing larger losses with names like Twitter, Facebook, FireEye and others under-performed major indices significantly. The Fed's richmond President Jeffrey Lacker commented that U.S. inflation has bottomed and is moving towards its target...
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Market Wrap For February 5: Markets Unsure Of Which Direction To Take
Wednesday, February 5, 2014 - 5:47pm | 3034U.S. stocks finished the day almost unchanged as investors and traders were presented with a mixed bag of data today. A better than expected report on the service sector negated another report that showed that companies added fewer employees to their payrolls than anticipated in January. The...
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Market Wrap For January 30: Markets Focus on Good News
Thursday, January 30, 2014 - 6:06pm | 2831U.S. stocks rose on Thursday as investors and traders focused on the positives. Data showed that the economy expanded in the fourth quarter as consumer spending gained traction. "Today the market is focused on the good news, or the developed world," Bill Stone, chief investment strategist at...
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Four Brazilian Stocks with Momentum, and More Upside Potential
Monday, January 6, 2014 - 5:43pm | 947We 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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Four Mining and Metals Stocks With Upside Potential (ABX, FCX, KGC, SCCO)
Wednesday, September 11, 2013 - 12:56pm | 866Mining and metals stocks have struggled for quite some time, but Merrill Lynch analysts see upside in potential in the sector based on increasing evidence of global growth. Their top metals and mining picks include Barrick Gold (NYSE: ABX), Freeport-McMoRan Copper & Gold (NYSE: FCX), Kinross...
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Freeport-McMoRan and Other Mining Picks from Deutsche Bank (CDE, FCX, VALE)
Monday, July 1, 2013 - 1:24pm | 875The U.S. dollar has strengthened, global inflation remains mild and growth in China has slowed. Despite the beating that commodities have taken recently because of all this, analysts at Deutsche Bank (NYSE: DB) have recommended some metals and mining stocks that investors can buy into now....
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Alcoa Earnings Preview: Lower Fourth-Quarter Revenue Expected
Sunday, January 6, 2013 - 2:07pm | 815Alcoa (NYSE: AA), shares of which have surged about eight percent in the past week, is scheduled to report its fourth-quarter 2012 results Tuesday, January 8, after the markets close. Investors will be looking to see how much the sluggish global economy, particularly in China and in Europe, will...
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Barron's Recap (12/22/12): Betting on Europe in 2013
Saturday, December 22, 2012 - 2:24pm | 879This weekend in Barron's online: the outlook for European stocks in 2013, the prospects for PNC Financial Services and Central Garden & Pet, uncovering the hidden potential for higher corporate earnings, and a fresh look at Washington, D.C. Cover Story "Europe on Sale" by Jonathan Buck....
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American Eagle Closed Near it 200 Day; Vale Close to Resistance
Friday, December 2, 2011 - 3:50pm | 466New York, December 1st (TradersHuddle.com) – After stocks ended mixed, pressured by a lackluster weekly jobless claims report ahead of the key employment report and after China PMI data showed contraction, we identified the following trading ideas. Shares of American Eagle Outfitters, Inc. (NYSE:...