Anglogold posts
FeedPosted May 18th 2009 10:30AM by Laurie Pasternack (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Brinker Intl (EAT), Allegheny Energy (AYE), AutoNation Inc (AN), Dean Foods (DF), Morgan Stanley (MS), Under Armour'A' (UA), Analyst initiations
Analyst upgrades:
- Citigroup upgraded Lennar (NYSE: LEN) to Buy from Hold as it believes the company's near-term liquidity profile is improved following the $400M debt issuance. The firm raised its target price to $12 from $11.
- Jefferies upgraded Rowan Companies (NYSE: RDC) to Buy from Hold as it believes jack-up drillers will continue to outperform deepwater names. The firm raised its target price to $27 from $20.
- Keefe Bruyette upgraded First Financial (NASDAQ: FFIN) to Market Perform from Underperform to reflect more positive loan data for the Texas banks. The firm raised its target price on shares to $44 from $38.
- MGM Mirage (NYSE: MGM) was upgraded to Overweight from Neutral at JP Morgan.
- Morgan Stanley (NYSE: MS) was upgraded to Outperform from Market Perform at JMP Securities.
- Brinker (NYSE: EAT) was upgraded to Overweight from Equal Weight at Barclays.
Continue reading Analyst upgrades, downgrades and initiations: LEN, RDC, FFIN, SII, AN, ACHN, UA, LULU, JST
Posted Aug 15th 2008 9:09AM by Paul Foster (RSS feed)
Filed under: Archer-Daniels-Midland (ADM), Valero Energy (VLO), Options, Commodities, Oil, Agriculture
Anglogold (NYSE: AU) closed at $27.47 Thursday. Gold is recently down 3.11% to $789.20 according to Bloomberg. AU September option implied volatility of 51 is above its 26-week average of 43 according to Track Data, suggesting larger movement.
Valero Energy (NYSE: VLO) closed at $33.93 Thursday. Crude oil futures are recently down 1.64% to $113.37. VLO September option implied volatility of 53 is above its 26-week average of 47 according to Track Data, suggesting larger price movement.
Southern Peru Copper (NYSE: PCU) closed at $24 Thursday. Copper is recently down 3.80% to 326 according to Bloomberg. PCU September option implied volatility of 53 is near its 26-week average according to Track Data, suggesting non-directional price movement.
Archer Daniels (NYSE: ADM) closed at $26.62 Thursday. Corn futures are recently down 3.38% to 557.75, Soybean futures are down 2.59% to 1241 according to Track Data. ADM September option implied volatility of 44 is above its 26-week average of 40 according to Track Data, suggesting slightly larger price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
Posted Mar 6th 2008 10:23AM by Paul Foster (RSS feed)
Filed under: Options
Anglogold (NYSE: AU) closed at $37.23 Wednesday.
Gold is recently up 0.12% to $989.70 according to Bloomberg.
AU overall option implied volatility of 45 is near its 26-week average of 43 according to Track Data, suggesting non-directional movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
Posted Jan 25th 2008 9:18AM by Paul Foster (RSS feed)
Filed under: Options, Commodities
Anglogold (NYSE: AU) is recently trading at $40.90 in pre-open trading, below its close of $45.17 Thursday.
AU said it has halted mining and gold recovery operations on all of its South African operations following notification from state-owned electricity company Eskom regarding interruptions to power supplies.
Gold is recently up 1.82% to $922.30 according to Bloomberg.
AU overall option implied volatility of 50 is above its 26-week average of 39 according to Track Data, suggesting larger movement.
Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
Posted May 23rd 2007 11:02AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Analyst upgrades and downgrades, Good news, ConocoPhillips (COP), Staples Inc (SPLS), Sun Microsystems (JAVA)
MOST NOTEWORTHY: Staples, Inc (SPLS), Sun Microsystems, Inc (SUNW), Forest Laboratories, Inc (FRX), AvalonBay Communities (AVB) and ConocoPhillips (COP) were today's noteworthy upgrades:
- Soleil upgraded shares of Staples, Inc (NASDAQ: SPLS) to Buy from Hold following the in-line Q1 results, as the firm believes management's initiatives will benefit the company for the remainder of the year.
- Matrix upgraded Sun Microsystems (NASDAQ: SUNW) to Hold from Sell based on improved profitability and margins due to cost cuts.
- First Albany upgraded Forest Laboratories (NYSE: FRX) to Strong Buy from Neutral following positive preliminary results for Milnacipran in Fibromyalgia.
- Bernstein upgraded shares of ConocoPhillips (NYSE: COP) to Outperform from Market Perform...
OTHER UPGRADES:
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).Posted May 9th 2007 11:26AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Analyst upgrades and downgrades, Bad news, Cisco Systems (CSCO), Electronic Arts (ERTS)
MOST NOTEWORTHY: Marvel Entertainment, Inc (MVL), Electronic Arts Inc (ERTS), ION Media Networks Inc (ION), Allscripts Healthcare Solutions, Inc (MDRX) and Tenet Healthcare Corp (THC) were today's noteworthy downgrades:
- JP Morgan downgraded Marvel Entertainment (NYSE: MVL) to Neutral from Overweight based on the lack of near-term catalysts.
- Gabelli downgraded Electronic Arts (NASDAQ: ERTS) to Hold from Buy on reduced 2008 expectations. The firm expects Electronic to lose market share given the lack of Q1 product launches.
- CRT downgraded ION Media Networks (AMEX: ION) to Sell from Buy and recommends taking profits at these levels as shares are approaching Citadel LP's offer of $1.46 per share.
- Jefferies downgraded Tenet Healthcare (NYSE: THC) to Underperform from Hold with a $5.50 target to reflect weak volumes.
OTHER DOWNGRADES:
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).Posted Mar 12th 2007 11:02AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Analyst upgrades and downgrades, Bad news, Advanced Micro Dev (AMD), Amgen Inc (AMGN), Level 3 Communications (LVLT)
MOST NOTEWORTHY: Amgen, Inc (AMGN), Secure Computing Corp (SCUR), Advanced Micro Devices (AMD) and Level 3 Communications (LVLT) were some of today's more notable downgrades:
- UBS downgraded shares of Amgen Inc (NASDAQ: AMGN) to Reduce from Neutral as the firm believes most Medicare carriers will drop reimbursement for Aranesp in certain types of anemia due to safety concerns.
- Goldman Sachs cut Secure Computing Corp (NASDAQ: SCUR) to Sell from Neutral, citing valuation.
- Thomas Weisel believes Advanced Micro Devices (NYSE: AMD) will have a difficult time regaining lost channel share from Intel (INTC) without additional price cuts, downgrading shares to Market Weight to Overweight.
- Buckingham cut Level 3 Communications (NASDAQ: LVLT) to Accumulate from Strong Buy on valuation.
OTHER DOWNGRADES:
- Deutsche Bank downgraded shares of Edison International (NYSE: EIX) to Hold from Buy.
- Wachovia downgraded shares of Countrywide Financial Corp (NYSE: CFC) to Underperform from Market Perform on concerns that subprime weakness has spread to other sectors of the residential mortgage market.
- Ferris Baker Watts downgraded shares of Comstock Homebuilding (NASDAQ: CHCI) to Hold from Buy to reflect the uncertainty regarding the company's lender relationships and homebuilding market outlook.
- Citigroup downgraded shares of StanCorp Financial Group (NYSE: SFG) to Hold from Buy on valuation and recommends swapping money into Assurant, Inc (AIZ).
- JP Morgan cut AngloGold Ashanti Ltd (NYSE: AU) to Underweight from Neutral.
Analyst summaries provided by
TheFlyOnTheWall.com (subscription required).