ArcelorMittal

ArcelorMittal reported a sharp drop in first-quarter earnings

Posted on May 10th, 2011 in ArcelorMittal, India Shares, Steel Sector

ArcelorMittal reported a sharp drop in first-quarter earningsArcelorMittal, steel major announced on Wednesday a cut down in the earnings in the first quarter. The earnings were dropped due to lower sales and output. As a result of this announcement company’s shares were opened more than 2 percent lower on Wednesday.

ArcelorMittal, a unit of the world’s top steelmaker declares its earnings fell to 49 cents as compared to last year earnings of 16 cents during the same period.

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Comfort Zone Investing: Either Prices Are Going Up or Margins Are Going Down

Posted on February 12th, 2011 in ArcelorMittal, featured, India Shares, Inflation, margins, MT

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pointing up - inflation - comfort zone investingYou may not have felt it yet, but inflation is running rampant for certain commodities. Prices for some raw materials like cotton, oil, aluminum, tin and many others have skyrocketed in the last year. Manufacturers from electronics to apparel are feeling the pain as they report lower earnings due to higher raw materials costs. That can only mean one thing: prices will be going up on many items in the near future or profit margins will be lower, driving down earnings.

If the first scenario plays out, then inflation will start making a comeback as it will take more dollars to buy the same products. That means a semiconductor chip that cost $2.50 last year may cost $2.75 this year. Same chip, just more expensive. Or an all cotton shirt that cost $50 this year will go to $60. Same shirt, just more expensive.

Continue reading Comfort Zone Investing: Either Prices Are Going Up or Margins Are Going Down

Comfort Zone Investing: Either Prices Are Going Up or Margins Are Going Down originally appeared on BloggingStocks on Sat, 12 Feb 2011 10:30:00 EST. Please see our terms for use of feeds.

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Analyst Calls: ATW, CIEN, DE, GMCR, GPN, MEE, MT, POT, SNDK, SO, TSO …

Posted on November 22nd, 2010 in AGII, analyst upgrades, ARBA, ArcelorMittal, ATW, Atwood Oceanics, CIEN, Ciena, Cirrus Logic, CRUS, deere, downgrades, GMCR, GPN, Green Mountain, India Shares, initiations, inthenews, massey energy, MEE, MFC, MT, OPTR, Potash, SanDisk, SLXP, SNDK, SO, Solarfun Power, SOLF, Tesoro, TGE, tso, UNTK, YGE, Yingli Green

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Analyst Upgrades

  • SanDisk (SNDK) was upgraded to outperform from neutral at RW Baird.
  • JPMorgan resumed Potash (POT) at overweight, up from neutral.
  • Ariba (ARBA) was upgraded to buy from neutral at Roth Capital.
  • Cirrus Logic (CRUS) was upgraded to buy from hold at Jefferies.
  • Morgan Stanley upgraded Tesoro (TSO) to overweight from equal weight.
  • Solarfun Power (SOLF) was upgraded to buy from hold at Auriga.
  • Barclays upgraded Ciena (CIEN) to overweight from equal weight.
  • Optimer Pharm (OPTR) was upgraded to outperform from market perform at JMP Securities.
  • Argo Group (AGII) was upgraded to outperform from market perform at FBR Capital.
  • BofA/Merrill upgraded Green Mountain (GMCR) to buy from underperform and Southern Company (SO) to neutral from underperform.

Continue reading Analyst Calls: ATW, CIEN, DE, GMCR, GPN, MEE, MT, POT, SNDK, SO, TSO …

Analyst Calls: ATW, CIEN, DE, GMCR, GPN, MEE, MT, POT, SNDK, SO, TSO … originally appeared on BloggingStocks on Mon, 22 Nov 2010 12:00:00 EST. Please see our terms for use of feeds.

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Analyst Calls: AMZN, CAKE, CS, EMC, FCX, GR, HOT, K, MAR, TWC, UNP, USB …

Posted on October 22nd, 2010 in ALXN, Amazon.com, AMRB, AMZN, analyst upgrades, ArcelorMittal, Cablevision, CAKE, cheesecake factory, CHH, Credit Suisse, cs, CVC, DLR, downgrades, EMC, fcx, freeport mcmoran, GET, GGG, GNTX, Goodrich, GR, Graco, HOT, HST, HT, HWAY, India Shares, initiations, inthenews, K, Kellogg, LHO, LSCC, MAR, Marriott, MHGC, MT, penn, PLCM, RVBD, Starwood, STI, SunTrust, Tesoro, tso, TWC, union pacific, unp, USB, VLY, WLL

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Analyst Upgrades

  • Union Pacific (UNP) and Polycom (PLCM) were upgraded to outperform from market perform at Wells Fargo.
  • Time Warner Cable (TWC) was upgraded to outperform from sector perform at RBC Capital.
  • Cheesecake Factory (CAKE) was upgraded to neutral from underweight at JPMorgan.
  • LaSalle Hotel (LHO) was upgraded to outperform from neutral at RW Baird.
  • Graco (GGG) was upgraded to buy from hold at BB&T.
  • Valley National (VLY) was upgraded to market perform from underperform at Keefe Bruyette.
  • Credit Suisse (CS) was upgraded to hold from sell at RBS.
  • U.S. Bancorp (USB) was upgraded to outperform from perform at Oppenheimer.
  • Penn National (PENN) and Riverbed (RVBD) were upgraded to buy from hold at Jefferies.
  • Goodrich (GR) was upgraded to outperform from neutral at Cowen.
  • Amazon.com (AMZN) upgraded to buy from average at Caris.

Continue reading Analyst Calls: AMZN, CAKE, CS, EMC, FCX, GR, HOT, K, MAR, TWC, UNP, USB …

Analyst Calls: AMZN, CAKE, CS, EMC, FCX, GR, HOT, K, MAR, TWC, UNP, USB … originally appeared on BloggingStocks on Fri, 22 Oct 2010 11:00:00 EST. Please see our terms for use of feeds.

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