GOLD INDUSTRY – – ETF LIQUIDATION TREND EVIDENT IN PAST 18 SESSIONS AT A RATE OF < 1 MM OZ; A $1.36 GOLD PRICE DROP FOR EACH 10,000 OZ OF GLD SOLD 7/28/2010
MEADWESTVACO (MWV $24.67 rated Overweight) PRICE TARGET RAISED DUE TO POTENTIAL FOR FUTURE GROWTH FROM NON-US SALES 7/28/2010
SPOTMARKS STRONGER THAN EXPECTED SUMMER NONFERROUS MARKETS AS INVESTORS EMBRACE GROWTH EXPECTATIONS ONCE AGAINET 8/3/2010
BARRICK GOLD (ABX $41.10, Rated Neutral) SALES OF GOLD BY ETF AND IMF REINFORCE NUETRAL RATING 8/2/2010
DOMTAR (UFS $58.50, rated Overweight) LOW SHARE REPURCHASES WHEN STOCK PRICE FELL OFF A CONCERN; ESTIMATES CUT 8/2/2010
ALLEGHENY TECHNOLOGIES (ATI $49.09, rated Overweight with $65 target) EARNINGS ESTIMATES CUT DUE TO SLOWER VOLUME GAINS 8/2/2010
SPOTMARKETS STRONGER THAN EXPECTED SUMMER NONFERROUS MARKETS AS INVESTORS EMBRACE GROWTH EXPECTATIONS ONCE AGAIN 8/2/2010
WEYERHAEUSER (WY $16.91, rated Neutral with $16.69 price target) ARBITRAGE MODEL SUGGESTS $16.69 PER SHARE PRICE TARGET 8/3/2010
SPOTMARKETS FIRST EVIDENCE OF SUMMER NONFERROUS LULL SUGGESTS AN END TO ANY TRADER ACCUMULATIONS AFTER APRIL PRICE SELLOFFS 8/9/2010
XSTRATA (XSRAF $17.09, rated Overweight with a $21 down from $29 price target) LOWER EARNINGS ESTIMATES STEMMING FROM POOR FIRST HALF PERFORMANCE 8/11/2010