Oracle (NASDAQ:ORCL), TripAdvisor (NASDAQ:TRIP), Omnicare (NYSE:OCR), BioMed Realty (NYSE:BMR), Anglo American (OTC:AAUKY) and Arbitron (NYSE:ARB) had ratings and price targets on them adjusted by analysts.
Piper Jaffray (NYSE:PJC) initiated coverage on TripAdvisor (TRIP). They placed a "Neutral" rating on the company.
Omnicare (OCR) was upgraded by Credit Suisse (NYSE:CS) from a "Neutral" rating to an "Outperform" rating.
BioMed Realty (BMR) was upgraded by Stifel Nicolaus from a "Hold" rating to a "Buy" rating. They placed a price target of $21.00 on the company.
Oracle (ORCL) was downgraded by Caris & Company from a "Buy" rating to an "Above Average" rating.
Anglo American (AAUKY) was downgraded by Citigroup (NYSE:C) from a "Buy" rating to a "Neutral" rating.
Arbitron (ARB) was downgraded by Deutsche Bank (NYSE:DB) from a "Buy" rating to a "Hold" rating.
Showing posts with label Anglo American. Show all posts
Showing posts with label Anglo American. Show all posts
Wednesday, February 15, 2012
Tuesday, October 12, 2010
Xstrata (OTC:XSRAY), Anglo American (OTC:AAUKY) Coal Output Hit Hard by Rains
There has been mixed news in the Australian coal industry, as some miners like Xstrata Plc (OTC:XSRAY) and Anglo American (OTC:AAUKY) have been hit hard by the heave rains, while others like Cloud Peak Energy (NYSE:CLD) have managed to increase production during that time.
A lot of data has yet to be reported, so there's a lot yet that needs to come in and be analyzed before the full story and impact is known.
Xstrata has experienced the worst of it so far, have declared force majeure since September 30, 2010 for some of its customers. They also halted shipments of coal from the lower production levels.
Cloud Peak Energy on the other hand has had production increase quarter over quarter by 5 percent, although that represents results from only two of the four mines affected.
A lot of data has yet to be reported, so there's a lot yet that needs to come in and be analyzed before the full story and impact is known.
Xstrata has experienced the worst of it so far, have declared force majeure since September 30, 2010 for some of its customers. They also halted shipments of coal from the lower production levels.
Cloud Peak Energy on the other hand has had production increase quarter over quarter by 5 percent, although that represents results from only two of the four mines affected.
Monday, March 8, 2010
Interest in Anglo American (LON:AAL) Zinc Assets Growing
Anglo American Zinc Assets
As Anglo American (LON:AAL) continues on with its major restructuring initiative, interest is growing in acquiring their zinc assets, as the latest companies to show an interest include Vedanta Resources (LON:VED) and HudBay Minerals (TSE:HBM).
Zinc assets at Anglo are on sale for $800 million, as the pool of interested parties grows.
Some unnamed companies are evidently interested in the zinc assets, with one major Chinese company alleged to have shown great interest. Others include private equity firms First Reserve and Apollo.
Anglo American has already sold off unrelated assets to a number of copmanies at it seeks to streamline operations.
Anglo American Zinc Assets
As Anglo American (LON:AAL) continues on with its major restructuring initiative, interest is growing in acquiring their zinc assets, as the latest companies to show an interest include Vedanta Resources (LON:VED) and HudBay Minerals (TSE:HBM).
Zinc assets at Anglo are on sale for $800 million, as the pool of interested parties grows.
Some unnamed companies are evidently interested in the zinc assets, with one major Chinese company alleged to have shown great interest. Others include private equity firms First Reserve and Apollo.
Anglo American has already sold off unrelated assets to a number of copmanies at it seeks to streamline operations.
Anglo American Zinc Assets
Tuesday, March 2, 2010
ANGLO America (LON:AAL) Selling Coal Projects
ANGLO America Coal Mines
ANGLO America (LON:AAL) has started the process of selling five coal exploration projects based in Australia, saying the coal mines don't fit in with their future plans in the near future.
ANGLO American needs something to jumpstart them now, and even though the coal mines based in New South Wales and Queensland had long term potential, the company is focusing on short term projects to grow now.
Handling the deal for Anglo America is Goldman Sachs (NYSE:GS).
ANGLO America Coal Mines
ANGLO America (LON:AAL) has started the process of selling five coal exploration projects based in Australia, saying the coal mines don't fit in with their future plans in the near future.
ANGLO American needs something to jumpstart them now, and even though the coal mines based in New South Wales and Queensland had long term potential, the company is focusing on short term projects to grow now.
Handling the deal for Anglo America is Goldman Sachs (NYSE:GS).
ANGLO America Coal Mines
Thursday, February 25, 2010
Anglo American (LON:AAL) Doubling Copper Production by 2017
Anglo American Copper Production
Anglo American (LON:AAL) said earlier in the week that by 2017 its copper production will almost double to 1.2 million tons.
The major problem for copper mining companies is how quickly the auto manufacturing sector and home building sector rebound.
The most recent data isn't a great sign that we're into any type of sustainable recovery, as equipment sales in America plunged in January, confirming the December numbers were based only on replenishment and not growth.
Of course the good news for Anglo American is more than likely by the time they're producing at this level, there's a good chance there will be a real recovery before 2017.
For 2010, CEO of their copper business division, John MacKenzie said sales will reflect last years numbers of about 669,800 tons of copper brought out of the ground.
Dividends should be again offered by the company sometime near the end of 2010.
Anglo American (LON:AAL) Copper Production
Anglo American (LON:AAL) said earlier in the week that by 2017 its copper production will almost double to 1.2 million tons.
The major problem for copper mining companies is how quickly the auto manufacturing sector and home building sector rebound.
The most recent data isn't a great sign that we're into any type of sustainable recovery, as equipment sales in America plunged in January, confirming the December numbers were based only on replenishment and not growth.
Of course the good news for Anglo American is more than likely by the time they're producing at this level, there's a good chance there will be a real recovery before 2017.
For 2010, CEO of their copper business division, John MacKenzie said sales will reflect last years numbers of about 669,800 tons of copper brought out of the ground.
Dividends should be again offered by the company sometime near the end of 2010.
Anglo American (LON:AAL) Copper Production
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