vale

Deutsche Bank made a number of updates in a research report published today. HollyFrontier (NYSE: HFC) had its coverage initiated with a Buy rating and a price target of $95. Goldcorp (NYSE: GG) had its rating downgraded from Buy to Hold. At the same time, its price target was reduced to $56...

Deutsche Bank's recommendation changes in metals and mining for 7/5/2011 are as follows: Thompson Creek (NYSE: TC) - Buy to Hold, tgt $14 to $12, Goldcorp (NYSE: GG)- Buy to Hold, tgt $60 to $56, Silver Standard (NASDAQ: SSRI) - Buy to Hold, tgt CAD37 to CAD31. Target Price Changes: Alcoa (...

Goldman Sachs has changed the price targets on the following companies: Affymetrix (NASDAQ: AFFX) from $4.50 to $5, Sell Bank of New York Mellon (NYSE: BK) from $30 to $29, Neutral Baxter International (NYSE: BAX) from $69 to $72, Buy CME Group (NASDAQ: CME) from $345 to $325, Neutral...

Vale (NASDAQ: VALE) reported 1Q11 adjusted EBITDA of $7.7 Bn, which was below Dahlman Rose's $8.2 Bn estimate and the consensus $8.6 Bn estimate. Vale reported adjusted EBITDA of $8.9 Bn and $2.8 Bn in the prior quarter and year ago period, respectively. Lower than expected performance in the...

Vale (NYSE: VALE) is having a strong year with record breaking revenue in 3Q10 according to an article published by Barron's. Vale's revenue was $14.5B in 3Q10 which is a quarterly record. This is a 110% increase from the year-earlier period. Rising iron-ore prices and strong demand from China are...

Dahlman Rose has published a research report on Vale (NYSE: VALE) after the company's investor conference, and it is clear now that Vale is focused on its outlook for emerging economies, growth, value, and sustainability. In the report, Dahlman Rose writes "During the presentation portion of Vale...