Browsing all articles tagged with aluminum producer
Jan
13

The market review for January 13

Stock trades in the United States ended on Tuesday, January 12, the decline in the leading index on the background of disappointing corporate news. In addition, investors without much enthusiasm by the report on China’s central bank increased reserve requirements for banks by 0.5 percentage points – Up to 15%, which limits the possibility of monetary growth.

Not live up to expectations in the financial report of the largest U.S. aluminum producer Alcoa Inc. Reported net loss for the Alcoa 2009. amounted to 1.15 billion dollars compared with 74 million dollars for 2008. In IV quarter of 2009. net losses reached 277 million dollars (0.28 dollars per share). The experts predicted that the company is up to the last year will make a profit. Publication of statements led to the fall of quotations Alcoa’s 11.1%. In the red zone ended the day and for other steel companies, including copper producer Freeport-McMoRan Copper & Gold Inc. (-3.8%) And gold mining company Barrick Gold (-3,2%). The financial sector also had the session fails. As a result of trading shares of banks Bank of America and Goldman Sachs Group Inc. fell 3,4% and 2,2% respectively.
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Author nyse    Category Blog    
Jan
12

The market review for January 12

Stock trades in the U.S. on January 11 2010. ended differently directed changes in the leading indicators of exchange against the backdrop of the increased cost of industrial metals. Driver of growth in metals prices and the stock price of industrial companies was positive statistics from China. Exports of China in December 2009. increased by 17,7% compared with December 2008., reported the Chinese Customs. Analysts did not expect such impressive growth. The volume of Chinese exports in December 2009. first 14 months exceeded the levels a year ago.

Quotations Copper futures on the COMEX rose on January 11 this year at 1.2%: The contract price for delivery in March amounted to 3,441 thousand dollars per pound. Based on data from China’s customs administration, import of copper and copper products in China in December 2009. increased by 27% by November and by 29% by December 2008. Against this backdrop, shares traded in positive territory’s largest industrial companies in the U.S.. For example, shares of the manufacturer of road and construction equipment Caterpillar Inc. risen for the session at 6,3%, the manufacturer of engines and materials Honeywell International Inc. – By 1,3%. Paper company Deere & Co., Producing agricultural machinery and construction equipment, added up to the auction of 4%.
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Author nyse    Category Market    
Dec
22

The market review for December, 22st

MARKET 11Stock trades in the United States were closed on December 21 the growth of leading indexes. Amid rising prices for metals up to the bidding companies’ shares have risen in price considerably mining sector. In particular, securities mededobyvayuschey company Freeport McMoRan was added to the price of 1,9%, while shares of the largest U.S. aluminum producer Alcoa Inc. increased in price by 7,9%. Growth of value of shares Alcoa also helped him improve on the recommendations of analysts from Morgan Stanley to “above market”. At 6.3% in trading shares have risen in price one of the largest U.S. steel companies US Steel Corp.

Amid increasing recommendations by analysts and shares have risen in price the world’s largest manufacturer of chips for PCs Intel Corp. (+2.3%). 5,6% and 3,5% respectively on the basis of tendering shares have risen in price of fertilizer producers Mosaic Co. and Potash Corp., as analysts at Goldman Sachs raised recommendations on them with regard to higher prices for fertilizers. At the 9% increase quotation third largest in the U.S. construction equipment manufacturer Terex Corp., Since the company’s management announced a deal to sell its mining division of the company Bucyrus International Inc. for 1.3 billion dollars

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Author nyse    Category Market    
Dec
2

The market review for December, 3st

Market 7Stock trades in the U.S. on December 1 2009. shut down the growth of leading indexes. Investor sentiment during the trading session was mainly defined by the macroeconomic news. In particular, the optimism had received data on the manufacturing sector in China: an index of purchasing managers in manufacturing industry in the country, calculated by the bank HSBC, rose in November to 0.3 points – to 55.7 points. Restoring China’s economy may become a stimulus for economic recovery in the world at large.

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Author nyse    Category Blog    
Nov
30

The market review for November, 30st

MARKET 6Stock trades in the U.S. on November 27 closed reduction of the leading indexes. Negative news from Dubai (UAE) frightened investors and led to the fall of quotations of a number of major American companies – one of the largest investment companies in the UAE – Dubai World – has asked creditors to delay debt repayment, estimated to be worth $ 60 billion Dubai World (owned by the Government of Dubai ), on account of which a number of successful projects on construction of facilities in the desert, asked for a stay of six months.

News from Dubai provoked a significant fall in quotations on global stock markets, and the American market was no exception.

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Author nyse    Category Market    
Nov
25

The market review for November, 25st

Market 6Trading in stocks in the U.S. on November 24 2009. major indices closed lower against the background of macroeconomic news. Not met the expectations of analysts revised data on the dynamics of U.S. GDP in III quarter of 2009. According to a report before the U.S. Department of Commerce (United States Department of Commerce), compared to last quarter grew by 2.8%, up 0.7 percentage points lower than the preliminary GDP data published by 29 October 2009. Analysts expect U.S. gross domestic product in July – September 2009. grow by 2,9%.

More positive was the report of the research organization Conference Board’s index of consumer confidence in the U.S.. According to the report, this index increased in November at 0.8 points – to 49.5 points. It was expected that the index would be 47.7 points.

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Author nyse    Category Market    
Nov
17

The market review for November, 17st

Stock trades in the U.S. on November 16 2009. culminated in the growth of leading indexes. Investors are pleased as news of macroeconomics, and statement by the head of the Federal Reserve System (FRS) the USA Ben Bernanke that in the near future have the opportunity to hold the refinancing rate at its current level. According to him, in the foreseeable future, inflation is not expected, while next year the U.S. economy will grow, despite several negative factors.

According to the U.S. Department of Commerce (US Department of Commerce), the volume of retail sales in the country was above forecasts of experts, and in October 2009. compared with the previous month increased by 1,4% – to 347.48 billion dollars, while analysts expect its growth to 0,9%. According to the Ministry of Trade, published after the commencement of the trading session, stocks of manufactured goods, components and semi-finished products to U.S. stores in September 2009. decreased by 0,4% compared with August 2009., while analysts predicted decline of this indicator on 0,8% in monthly terms. read more

Author nyse    Category Market    
Nov
3

The market review for November, 2st

market nyse Stock trades in the U.S. on November 2 major indexes finished higher, but growth was more moderate than in the early trading session. Favored on investor sentiment reflected macroeconomic news, exceeding forecasts of experts. Thus, the American Institute for Supply Management reported that the index of business activity in U.S. industry (ISM index) in October 2009. compared with the September revised value increased by 3.1 points and totaled 55.7 points. Analysts also expect the index value at 53 points.

In addition, the amount exceeded forecasts of construction costs. In September of 2009. According to the report of the Ministry of Commerce (US Department of Commerce), figure rose by 0,8% compared with the revised figure in August 2009. and amounted to 940.3 billion U.S. experts, however, expected to reduce the cost of construction by 0,2%. read more

Author nyse    Category Blog    
Oct
20

The market review for October, 20st

Stock trades in the United States ended on Oct. 19 the growth of leading indexes to the new maximum marks for the past 12 months. Once again, the reason for the growth of quotations served favorable reports of a number of companies, including reports of one of the largest publishing houses in the U.S. Gannett Co. and electrical products manufacturer Eaton Corp., which surpassed analysts’ expectations. Against this backdrop, shares of Gannett, and Eaton risen up bidding on 8,2% and 5,7% respectively.

Analysts said the Moscow Stock Center, on Monday the U.S. stock market continued its upward movement on the background of expectations of positive corporate news release, growing cost of oil and improve U.S. futures indices. The lack of any significant macroeconomic statistics provided an opportunity “bulls” to dominate. Futures for the American index S & P 500 crept close to the mark of 1,100 points, as oil prices stayed below the key level of $ 80 per barrel. That also played into the hands tuned to increase investors. Better the market looked like the paper oil and gas and chemical sectors, worse – shares of banks. read more

Author nyse    Category Market    
Oct
8

The market review for October, 8st

7 300x225 The market review for 	October, 8stStock trades in the U.S. on October 7 2009. closed countervailing changes in the leading indices. Noticeably on the basis of bidding companies’ shares have risen in price of the financial sector, helped by increased recommendations on the part of analysts. Thus, securities Bank of America Corp. increased in price by bidding up by 2,1%, after analysts at Wells Fargo raised recommendations on the “at market” to “above market”. In addition, due to the increased rate of 1,9% in the bank’s shares have risen in price trading Goldman Sachs Group Inc., Securities and JPMorgan Chase & Co. added to the price of 1,8%. At 2.1% in the bidding rose quotes bank Wells Fargo & Co. read more

Author nyse    Category Market