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Is the world economy slowing or are we at the trough? It depends upon whom you ask. A report today from Goldman Sachs is highlighting the great value in the metals and mining sector noting that...
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Today’s surprise report on the increase in housing starts has put some added energy into copper futures, which have been holding more or less steady this month following a rise of about 2% late in...
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These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. AEGON N.V. (NYSE: AEG) maintained “Buy” but removed from...
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Commodities Watch: Copper Prices Rise on China, Fall on US Data (FCX, NEM, SCCO, BVN, CU, JJC, COPX)
Copper prices have been on a steady upward march for about two weeks now, from around $4.06/pound to close at around $4.43/pound yesterday. China, the world’s top consumer of copper, gets credit...
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One of the great marketing rules of all time comes from the shaving business: give away the razor; charge a lot for the blades. Gillette, now part of Proctor & Gamble Co. (NYSE: PG), showed the...
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In the past 12 months, copper has risen from about $2.80/pound to as high over $4.60/pound, an increase of about 64%. The red metal now trades at about $4.10, or about 46% above its year-ago price....
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The big remaining question about copper prices is which direction they will take in the second half of this year. Most observers are bullish, but when the big question is broken down into smaller...
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Ollanta Humala, a left-leaning nationalist, won nearly 51% of the vote in Sunday’s presidential election in Peru and will take office in late July. Humala has promised to raise royalty payments on...
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Today’s commodities markets are being driven by a new report from Goldman Sachs Group Inc. (NYSE: GS) essentially reversing its ‘sell’ report of scarcely six weeks ago. Copper prices remain...
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Today’s commodities watch looks at a silver miner’s and a food producer’s quarterly earnings. And a quick look at how copper is coming back today. Silver and gold miner Coeur d’Alene Mines...
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Time for our daily look at the world of commodity prices and key developments. The US Energy Information Administration announced today that crude oil stocks in the US grew by 2 million barrels last...
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These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. Alliance Data Systems Corporation (NYSE: ADS) Cut to Market Perform...
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Time now for our daily look at commodity prices and news. Copper prices rose to their highest level in nearly three weeks as the estimated cost to rebuild quake-devastated areas of Japan have come in...
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These are some of this Monday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. Adobe Systems Inc. (NASDAQ: ADBE) Raised to Buy with $35.50 target...
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Copper is supposed to be one of the leading economic indicators. As demand rises, it translates to project building and industrial expansion in the months ahead. After all, it is a common base...
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