-
POSCO Upgraded to Outperform - Analyst Blog
Thursday, December 30, 2010 - 1:33pm | 465We recently upgraded our rating for the South Korean steelmaker, POSCO (PKX), from Neutral to Outperform. POSCO is the world's third largest steelmaker on the basis of output. The company primarily manufactures steel for the shipping and construction industries and operates through its two...
-
POSCO Upgraded to Outperform - Analyst Blog
Thursday, December 30, 2010 - 1:15pm | 465We recently upgraded our rating for the South Korean steelmaker, POSCO (PKX), from Neutral to Outperform. POSCO is the world's third largest steelmaker on the basis of output. The company primarily manufactures steel for the shipping and construction industries and operates through its two...
-
Top Performing Industries For December 29 (IM, SMS, IRE, PIR)
Wednesday, December 29, 2010 - 11:31am | 196At 10:28 am, the Dow gained 0.36% to 11,617.05, the broader Standard & Poor's 500 index moved up 0.21% to 1,261.15 and the NASDAQ composite index rose 0.30% to 2,670.89. The industries that are driving the market today are: Computers Wholesale: This industry jumped 1.68% by 10:28 am. The top...
-
Citron Negative On Great Northern Iron (GNI)
Wednesday, December 29, 2010 - 10:42am | 133Citron Research is out with a research report on Great Northern Iron. (NYSE: GNI) saying that the company is literally going to die, once all of its heirs have died. The last heir died on April 6, 1995, so April 6, 2015, the stock will simply cease to exist, according to Citron. Here is an SEC...
-
Stock Market News for Dec 29, 2010 - Market News
Wednesday, December 29, 2010 - 10:33am | 787After-effects from the blizzard which had hit the northeast continued as trading volumes remained thin for the second consecutive day and markets closed mixed on Tuesday. Oil prices and energy stocks, nonetheless, moved up primarily due to the blizzard. The Dow Jones Industrial Average was up 0...
-
General Steel Changes its Auditor
Wednesday, December 29, 2010 - 10:09am | 38General Steel Holdings, Inc. (NYSE: GSI) today announced that the Company will appoint PricewaterhouseCoopers Zhong Tian CPAs Limited Company as its independent registered public accounting firm, replacing Frazer Frost, LLP.
-
Stock Market News for Dec 29, 2010 - Market News
Wednesday, December 29, 2010 - 10:06am | 787After-effects from the blizzard which had hit the northeast continued as trading volumes remained thin for the second consecutive day and markets closed mixed on Tuesday. Oil prices and energy stocks, nonetheless, moved up primarily due to the blizzard. The Dow Jones Industrial Average was up 0...
-
CBOE Put/Call Ratio Below .75 12-28-2010
Tuesday, December 28, 2010 - 3:32pm | 915Cusick's Corner After the market's tight range yesterday and now again today, market watchers are taking notice of volatility's move to the upside -- specifically the VIX popping from 16 to 18. This is a little unusual considering the light volume, tight range and the offensive sectors, i.e. XLF,...
-
Great Northern Iron Will Disappear? (GNI)
Tuesday, December 28, 2010 - 1:23pm | 84A negative article today by CitronResearch discusses a stock that will allegedly "disappear" in 4.25 years. Great Northern Iron (NYSE: GNI) is currently trading 2.7% lower than yesterday's close. At last check shares were trading at $147.00. The stock has a wide spread at times and limited...
-
Great Northern Iron Negative CitronResearch Mention (GNI)
Tuesday, December 28, 2010 - 1:09pm | 18Great Northern Iron: negative CitronResearch.com article (NYSE: GNI) today.
-
Metal And Mineral Stocks Spike
Tuesday, December 28, 2010 - 11:22am | 187More talk from China about limiting the supply of rare earth metals and minerals hit the markets overnight. This morning, gold, silver and almost all commodities are jumped. The SPDR Gold Trust (ETF) (NYSE: GLD) shot sharply higher, trading at $136.83, +1.81 (+1.34%). The rare earth metal and...
-
AK Steel Holding Corp. - Bear of the Day
Tuesday, December 28, 2010 - 3:00am | 220We are downgrading AK Steel Holding Corp. (AKS) to Underperform from our previous Neutral recommendation and lowering our target price to $12.00 from $15.00. AK Steel recorded a third quarter net loss that was significantly wider than the Zacks Consensus Estimate. Higher input costs, particularly...
-
AK Steel Holding Corp. - Bear of the Day
Tuesday, December 28, 2010 - 1:00am | 220We are downgrading AK Steel Holding Corp. (AKS) to Underperform from our previous Neutral recommendation and lowering our target price to $12.00 from $15.00. AK Steel recorded a third quarter net loss that was significantly wider than the Zacks Consensus Estimate. Higher input costs, particularly...
-
Mad Money Lightning Round: Cramer likes Hasbro (CHK, SWN, CLF, EK, WBC, NAV, CMI, ARMH, HAS)
Monday, December 27, 2010 - 5:56am | 251On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Chesapeake Energy (NYSE: CHK) is a “very controversial stock. They do a lot of hedging. I've been buying Southwestern Energy (NYSE: SWN) for my charitable trust. I want you to roll out of Chesapeake and into Southwest." He...
-
Outlook 2011: Five Stocks Due For a Pullback (CAT, AMZN, NFLX, X, BIDU)
Sunday, December 26, 2010 - 6:49pm | 3604By Dian L. Chu, EconForecast It is inevitable that when you have a market run up like we have had recently driven mostly by liquidity and Santa Claus Rally, many stocks would see pullbacks in the New Year. The following are just five of such candidates that I believe capable of some meaningful...