INTERNATIONAL PAPER (IP $29.22 rated NEUTRAL) HIGHER PRICING. COSTS, AND CAPITAL SPENDING BOIL DOWN TO MINOR VALUATION INCREASE. 2/6/2011
PLUM CREEK (PCL $41.13, rated Neutral) DEDICATION TO CURRENT DIVIDEND COULD LIMIT FUTURE FINANCIAL FLEXIBILITY OR HINDER EARNINGS 2/1/2011
GOLD – – “SHORT SQUEEZE” BEHIND US AND GLD ETF BUYING SLOWS; JUNE MID-YEAR SEASONAL SLOW PERIOD VERSUS CRISIS “EVENT RISKS” 4/8/2016
METALS – – “NAGORNO-KARABAKH” BLACK SWAN POSSIBLE EVENT RISKS 4/8/2016
ANGLOGOLD ASHANTI NET DEBT CUT BY APPROXIMATELY 30% IN 2015; WEAKER RAND AND A$ LOWER OPERATING COSTS 3/15/2016
ANGLO AMERICAN: LOWER PRICES DRIVE NEGATIVE ESTIMATED 2016 CASH FLOW DESPITE OUPTUT CUTS, ASSET SALES, AND NO DIVIDEND 3/24/2016
METALS – – VOLUME TEN OF PLANT SHUTDOWNS SINCE AUGUST 2015; INCLUDES 21 OPENINGS OF NEW PLANTS AMONG 27 SHUTDOWNS 3/25/2016
METALS – – COMPARISON OF ESTIMATED 2015, 2016 AND 2020 YEAR-END BALANCE SHEETS OF THE SIX LARGE DIVERSIFIED MINING COMPANIES (BHP Billiton, Vale, Rio Tinto, Anglo American, Glencore, and Teck) 3/29/2016
PRESENTATION TO OUR ANNUAL CONFERENCE MARCH 31, 2016 HIGHLIGHTS PARTICULAR STOCKS WITH LOWER RISK PROFILES 3/29/2016
PACKAGING CORPORATION OF AMERICA: LOWER PACKAGING SEGMENT PRICE REALIZATIONS HURT PRICE TARGET 3/30/2016