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40 Resources for

fp trading desk and materials/industrials

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Potash Downgraded, Still on the Right Track
FP Trading Desk submits: Coming out of an analyst day with Potash Corp. of Saskatchewan Inc. POT, Paul D'Amico of TD Newcrest thinks the company is doing well and is on the right track. But given the horrendous economic conditions and the recent jump in its stock price, he...
Tags: Materials/Industrials, FP Trading Desk
External links 2009-05-22
Gerdau Ameristeel Downgraded Due to Price Appreciation, Reduced Production - Desjardins
FP Trading Desk submits: Gerdau Ameristeel Corp. GNA has been downgraded by Desjardins Securities due to price appreciation and reduced production. Analyst John Hughes lowered his rating on the stock from "buy" to "hold," and maintained his C$8 price target, noting shares in Gerdau have doubled since early March....
Tags: Materials/Industrials, FP Trading Desk
External links 2009-06-10
Commodity Prices Up, But Indices on a Negative Roll
FP Trading Desk submits: Five years into the commodity bull market and investors have nothing to show for it. The Dow Jones AIG Commodity Index lost 0.5% on an annualized basis since June 2004 and as happens with some highly compelling investment strategies, something gets lost in translation. Commodity...
Tags: Materials/Industrials, FP Trading Desk, Criticare Systems Inc.
External links 2009-06-19
Potash: Ugly Outlook Not Surprising - CIBC
FP Trading Desk submits: Remember when Potash Corp. of Saskatchewan Inc. POT guided for 2009 earnings of $10.00 to $12.00 a share? It wasn't even that long ago. There was speculation at the time that the company was overly optimistic. Well, it was. Potash Corp. was forced to slash...
Tags: Materials/Industrials, FP Trading Desk
External links 2009-06-28
Potash Corp. /BHT Billiton: Could They Fit?
FP Trading Desk submits: Rumours have emerged in recent days that mining giant BHP Billiton Ltd. BHP could take a run at Potash Corp. of Saskatchewan POT. Yes, it's far-fetched, and it is hard to imagine any scenario where the Canadian government would approve such a deal (especially following...
Tags: Materials/Industrials, FP Trading Desk
External links 2009-04-08
Sherritt Wins If U.S. Relaxes Cuba Stance
FP Trading Desk submits: The 47-year-old trade embargo that the United States put on Cuba still stands, but America is clearly easing its stance on its communist neighbour. This week, President Barack Obama announced plans to lift some minor restrictions on travel and business, and got a positive response...
Tags: Materials/Industrials, FP Trading Desk
External links 2009-04-15
Teck Cominco: Elk Valley Cash Flow Still Short Despite Better Coal Prices
FP Trading Desk submits: Teck Cominco Ltd.'s TCK new settlement price to sell hard coking coal into the Asia-Pacific market looks to be a profit booster for the diversified miner, but cash flow from its Elk Valley property still falls short when it comes to repayment of the US$5.3-billion...
Tags: Materials/Industrials, FP Trading Desk
External links 2009-04-13
Base Metal Forecasts Slashed by Wellington West
FP Trading Desk submits: It feels like optimism is starting to return to the base metals on the back of China's stimulus package and global monetary easing. But analysts Steve Parsons and Ryan Walker at Wellington West Capital Markets are far from convinced. They slashed their price assumptions and...
Tags: Materials/Industrials, FP Trading Desk
External links 2009-03-26
HudBay Takeover Unlikely - RBC
FP Trading Desk submits: Indian mining company Vedanta Resources PLC has acquired a 9.5% stake in HudBay Minerals Inc. (HBMFF.PK), but RBC Capital Markets analyst Adam Schatzker thinks that an outright takeover is highly unlikely. In a note to clients, he put the odds of a takeover of less...
Tags: Materials/Industrials, FP Trading Desk
External links 2009-04-28
Genus Capital Bullish on Potash, Aecon Group and Husky Energy
FP Trading Desk submits: Wayne Wachell, CEO and chief investment officer at Genus Capital Management in Vancouver believes there is no substitute for quality when it comes to stock picking and manages the Genus Canadian equity fund with a focus on value stocks with good growth prospects and proven...
Tags: Energy, Materials/Industrials, FP Trading Desk
External links 2009-04-28
Forget Oil: Copper, Coal the Best Recovery Commodities
FP Trading Desk submits: Forget oil, if you’re seeking exposure to the global economic recovery; look to copper and coal, says Citigroup’s global head of commodity research, Alan Heap. The fundamental outlook is strongest for copper, coking coal and thermal coal, he told clients. Mr. Heap is also still...
Tags: Materials/Industrials, FP Trading Desk
External links 2009-07-09
Potash's Negative Price Implications
FP Trading Desk submits: Well, it finally happened. After plenty of speculation that potash prices could drop significantly this year, reports have surfaced that Russian fertilizer firm OAO Silvinit has settled with India at a price of $460 a tonne, down from $625 a tonne last year. Now the...
Tags: Materials/Industrials, FP Trading Desk
External links 2009-07-13
Russel Metals: Bottoming Steel Prices Make It Attractive - Scotia
FP Trading Desk submits: Bottoming steel prices are making Russel Metals Inc. (RUSMF.PK) an attractive buying opportunity once again, says Scotia Capital's Anthony Zicha. "We believe current price levels offer an attractive entry point and limited downside risk to investors," the analyst said in a note to clients. ...
Tags: Materials/Industrials, FP Trading Desk
External links 2009-07-21
Industrial Commodity Demand to Increase
FP Trading Desk submits: Record commodity consumption by China on multi-billion dollar infrastructure projects has some crystal ball gazers issuing warnings that capacity expansion is the wrong kind of growth. That matters not one jot for commodity prices in the near term, says Jim Lennon of Macquarie Research. For...
Tags: Materials/Industrials, FP Trading Desk
External links 2009-07-21
Very Bullish on Potash - Desjardins
FP Trading Desk submits: There is already an army of analysts covering Potash Corp. of Saskatchewan Inc. POT But hey, always room for one more. Desjardins Securities analyst John Redstone picked up coverage with a "buy" rating and a target price of C$127.35 a share. Like most analysts, Mr....
Tags: Materials/Industrials, FP Trading Desk
External links 2009-07-25
Bio-Extraction Shares Jump on New Plant Announcement
FP Trading Desk submits: Shares in Bio-Extraction Inc. (BXIXF.PK) were hopping on Thursday, climbing almost 18%, to hit a new 52-week high in morning trading on news of a new plant and the promise of increased production. A Toronto-based company focused on the extraction of meal, oil and high-value...
Tags: Materials/Industrials, FP Trading Desk
External links 2009-07-23
Four Reasons to Buy Sherritt - RBC
FP Trading Desk submits: Shares of Sherritt International Corp. (SHERF.PK) have flatlined for months despite a strong run for metal prices. Robin Kozar, an associate analyst at RBC Capital Markets, wrote that the stock would need to rally 65% based on historic multiples just to return to its regular...
Tags: Materials/Industrials, FP Trading Desk
External links 2009-07-23
Lockerbie in a Hole, Thanks to Oil Sands Construction Delays
FP Trading Desk submits: It's not only the oil companies that are getting creamed by falling oil prices and the credit crunch that has led to projects being put on hold. Earlier this week, Lockerbie & Hole Inc. [TSE: LH], one of Canada’s leading mechanical contractors, announced that the...
Tags: Materials/Industrials, FP Trading Desk, Suncor Energy
External links 2008-11-21
Potash Cuts Back Production, Plenty of Profit Remains
FP Trading Desk submits: Potash Corp. of Saskatchewan Inc.'s POT decision to cut back potash production will hit the bottom line but analysts say there will still be plenty of profit left to help drive the stock higher in 2009. Shares in Potash were up 7% to C$84.25 in...
Tags: Materials/Industrials, FP Trading Desk
External links 2008-12-10
Asset Sales May Weaken Teck Cominco - BMO
FP Trading Desk submits: Teck Cominco Ltd. TCK confirmed this week that it has discussed the potential sale of core assets next year with Citigroup C in case it has trouble refinancing its bridge loan. This includes a minority stake in Elk Valley Coal, which it acquired in October...
Tags: Materials/Industrials, FP Trading Desk, Citigroup Inc.
External links 2008-12-11
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