CONTAINERBOARD INDUSTRY – – FALLING COSTS AND GOOD CORPORATE DEVELOPMENTS VERSUS CAPACITY ADDITIONS 10/30/2014
CONTAINERBOARD INDUSTRY – – FALLING COSTS AND GOOD CORPORATE DEVELOPMENTS VERSUS CAPACITY ADDITIONS 10/30/2014
Archives: Downloads
FREEPORT-McMoRAN INC. (FCX $29.01, rated Overweight, price target cut from $72 to $40) OVERWEIGHT RATING MAINTAINED DESPITE FALL IN PRODUCT PRICES WHILE MORE CONSERVATIVE VALUATION METHODOLOGY LOWERS PRICE TARGET 10/29/2014
FREEPORT-McMoRAN INC. (FCX $29.01, rated Overweight, price target cut from $72 to $40) OVERWEIGHT RATING MAINTAINED DESPITE FALL IN PRODUCT PRICES WHILE MORE CONSERVATIVE VALUATION METHODOLOGY LOWERS PRICE TARGET 10/29/2014
GOLDCORP (GG $21.98; rated Overweight, price target $31 down from $36) ELEONORE DRILLING ACTIVITY VERY LARGE; CAMINO ROJO CAP EX COULD BE GG’S LARGEST. 10/28/2014
GOLDCORP (GG $21.98; rated Overweight, price target $31 down from $36) ELEONORE DRILLING ACTIVITY VERY LARGE; CAMINO ROJO CAP EX COULD BE GG’S LARGEST. 10/28/2014
AGNICO-EAGLE MINES (AEM $30.31 rated Overweight from Neutral with $39 up from $37 price target) PRICE TARGET RAISED DESPIE LOWER 2014-16 ESTIMATED GOLD PRICES DUE TO EL BARQUENO AND AMARUQ OUTPUT, LONGER MINE LIFE AT PINOS ALTOS AND 2ND EXPANSION AT KITTILA. 10/22/2014
AGNICO-EAGLE MINES (AEM $30.31 rated Overweight from Neutral with $39 up from $37 price target) PRICE TARGET RAISED DESPIE LOWER 2014-16 ESTIMATED GOLD PRICES DUE TO EL BARQUENO AND AMARUQ OUTPUT, LONGER MINE LIFE AT PINOS ALTOS AND 2ND EXPANSION …
ROCK TENN (RKT $47.07, rated Overweight from Neutral, $63 price target) SEEKS TO RUN LEAN & REINVEST, ACQUIRE OR BUY BACK STOCK TO KEEP DEBT NEAR 2X EBITDA 10/17/2014
ROCK TENN (RKT $47.07, rated Overweight from Neutral, $63 price target) SEEKS TO RUN LEAN & REINVEST, ACQUIRE OR BUY BACK STOCK TO KEEP DEBT NEAR 2X EBITDA 10/17/2014
METALS INDUSTRY – – TIMING OF IRON ORE AND MET COAL OUTPUT CUTS TOO SLOW AS CHINA’S STEEL CONSUMPTION FALLS 10/15/2014
METALS INDUSTRY – – TIMING OF IRON ORE AND MET COAL OUTPUT CUTS TOO SLOW AS CHINA’S STEEL CONSUMPTION FALLS 10/15/2014
CF INDUSTRIES (CF $256.99; rated Neutral; price target $201) VOLUMES, PRICES AND BUYBACKS FAVORABLE IN 2014; YARA INT’L REQUIRES COST CUTS 10/13/2014
CF INDUSTRIES (CF $256.99; rated Neutral; price target $201) VOLUMES, PRICES AND BUYBACKS FAVORABLE IN 2014; YARA INT’L REQUIRES COST CUTS 10/13/2014
FRANCO NEVADA ($51.26 rated Neutral with $44 down from $47 price target) $648 MILLION GOLD AND SILVER STREAM ON LUNDIN’S CANDELARIA COPPER MINE IN CHILE; LOWER NEAR TERM GOLD PRICE ESTIMATES 10/10/2014
FRANCO NEVADA ($51.26 rated Neutral with $44 down from $47 price target) $648 MILLION GOLD AND SILVER STREAM ON LUNDIN’S CANDELARIA COPPER MINE IN CHILE; LOWER NEAR TERM GOLD PRICE ESTIMATES 10/10/2014
PACKAGING CORPORATION OF AMERICA (PKG $60.76, upgraded to Overweight from Neutral, Price Target $81) UPGRADED TO OVERWEIGHT 10/10/2014
PACKAGING CORPORATION OF AMERICA (PKG $60.76, upgraded to Overweight from Neutral, Price Target $81) UPGRADED TO OVERWEIGHT 10/10/2014
LUNDIN MINING (LUNMF U.S. $4.55, rate Overweight, price target remains at $7/share) ACQUISTION OF 80% OF CANDELARIA MINE FROM FCX (FCX $31.02) AND AGREEMENT WITH FRANCO- NEVADA (FNV $51.26) RAISES EPS > $3 CU 10/10/2014
LUNDIN MINING (LUNMF U.S. $4.55, rate Overweight, price target remains at $7/share) ACQUISTION OF 80% OF CANDELARIA MINE FROM FCX (FCX $31.02) AND AGREEMENT WITH FRANCO- NEVADA (FNV $51.26) RAISES EPS > $3 CU 10/10/2014