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A Lot Is Riding On Alcoa's Earnings Call, Bloomberg Says
Monday, October 10, 2016 - 10:56am | 422Alcoa Inc (NYSE: AA)'s quarterly earnings report marks the unofficial start to earnings season. This time around there is a lot riding on its earnings report, at least according to Bloomberg. Alcoa will report its final earnings report on Tuesday before the 128-year-old company splits into two...
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Following Sale Of Assets To Anadarko, Macquarie Sets New $10 Target For Freeport-McMoran Shares
Wednesday, September 14, 2016 - 1:01pm | 276Macquarie cut the price target of Freeport-McMoRan Inc (NYSE: FCX) to $10 from $13 following its sale of its Gulf of Mexico business to Anadarko Petroleum Corporation (NYSE: APC) and expectations of near-term weakness in copper prices. "While we like the strategy in reducing its energy...
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Several Milestones Remain Before Freeport-McMoRan Can Turn The Corner
Monday, June 20, 2016 - 5:50pm | 217Freeport-McMoRan Inc (NYSE: FCX) analyst Anthony Young, of Macquarie Research, offered a reassuring comment on the stock Monday: "Getting Close to Turning the Corner." The note and sentiment followed recent meetings between investors and Freeport CFO Kathleen Quirk. "With the...
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Cliffs Natural Shares Upgraded To Outperform By Macquarie
Friday, June 10, 2016 - 10:01am | 235Cliffs Natural Resources Inc (NYSE: CLF) announced the earlier restart of United Taconite and raised its 2016 sales and production guidance to 18mm and 16.5 mm long tons, respectively. Macquarie’s Anthony Young upgraded the rating for the company from Neutral to Outperform, while raising...
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Macquarie On Clearwater Paper: 'The Best Is Yet To Come'
Monday, June 6, 2016 - 4:00pm | 215Macquarie's Anthony Young has increased his price target for Clearwater Paper Corp. (NYSE: CLW) to $75 from $66 and maintained his Outperform rating. Young was impressed with the company's prospects after a recent meeting between CEO John Hertz and investors hosted by Macquarie....