Reuters UK (Free subscription) | 10/01/2008
Oct 1 (Reuters) - Goldman Sachs removed the world's top steel company ArcelorMittal from its conviction buy list and cut its price target on the stock by 40 euros to 59 euros, to reflect a lower steel price forecast.
Seeking Alpha (Free subscription) | 09/09/2008
Market Folly submits: I forgot to post this up on Friday since there was so much going on. Amidst all that news, we saw that Transocean (RIG) was added to Goldman Sachs Conviction Buy List. Goldman removed Halliburton (HAL) and swapped RIG in its place. Goldman's new price target on RIG is $178 due to its tie to oil, where it sees strong long-term fundamentals (obviously). I definitely agree with...
Stocks to Watch Today (Free subscription) | 09/04/2008
MASSEY VALIDATES COMMODITY WORRIES Things have gotten bad fast at Massey Energy (MEE) - something that’s certainly been reflected in its share price, which is down 45% since the beginning of the third quarter. And now validated by the company’s own outlook. The coal producer warned that prices and production levels would likely come in at the low end of the company’s own guidance. Massey had been forecasting...
Forbes (Free subscription) | 08/07/2008
Looking to speculate on soft drink stocks continuing to go flat? Here's how.
LA Times (Free subscription) | 07/30/2008
Wall Street is scaling back its dreams for shares of DreamWorks Animation SKG.
Seeking Alpha (Free subscription) | 07/12/2008
Market Folly submits: On Friday, I saw interesting news that both Qualcomm (QCOM) and Jacobs Engineering (JEC) had been added to Goldman's (GS) Conviction Buy List. Now, typically I don't pay particularly close attention to analyst upgrades/downgrades and the like. I'll check out their price target and see if they're saying anything new or completely outlandish that separates them from the crowd....
Global PWD (Free subscription) | 07/07/2008
Toyota Motor Corp (7203.T: Quote, Profile, Research, Stock Buzz) plans to install solar panels on its next-generation Prius hybrid cars, becoming the first major automaker to use solar power for a vehicle, the Nikkei business daily reported on Monday.The paper said Toyota would equip solar panels on the roof of the high-end version of the [...]
Market Watch (Free subscription) | 07/01/2008
BOSTON (MarketWatch) -- Shares of NYSE Euronext slipped more than 4% on Tuesday after Goldman Sachs analysts crossed the exchange stock off their closely watched conviction buy list.
Seeking Alpha (Free subscription) | 06/24/2008
FP Trading Desk submits: The recent price increase announced for steel used in pipelines and resource extraction infrastructure, as well as its high leverage to the metal’s price and the resulting near-term upside earnings potential, means United States Steel Corp. (X) has been added to Goldman Sachs’ Conviction Buy list. The Pittsburgh-based giant replaces rival Nucor Corp. (NUE), which has underperformed...
Seeking Alpha (Free subscription) | 06/24/2008
Market Folly submits: Fresh off my recent post on steel, on Monday, Goldman Sachs (GS) came out and added U.S. Steel (X) to its Conviction Buy List, boosting its price target to $228, up from $210, noting that higher steel prices should obviously benefit them. The stock was up 3% or so yesterday at $190, breaking out to new highs. This could very well be the catalyst needed to really propel the steel...
Seeking Alpha (Free subscription) | 06/24/2008
FP Trading Desk submits: The recent price increase announced for steel used in pipelines and resource extraction infrastructure, as well as its high leverage to the metal’s price and the resulting near-term upside earnings potential, means United States Steel Corp. (X) has been added to Goldman Sachs’ Conviction Buy list. The Pittsburgh-based giant replaces rival Nucor Corp. (NUE), which has underperformed...
Financial Time (Free subscription) | 06/24/2008
Irish biotech company Elan jumped 5.5 per cent to €21.94 yesterday after Goldman Sachs added the Irish biotech company to its "conviction buy" list. Goldman...
Financial Time (Free subscription) | 06/23/2008
A rise in the price of crude despite Saudi Arabia's pledge to pump more oil lifted oil stocks in London in early trading on Monday after a week of heavy falls
Seeking Alpha (Free subscription) | 06/19/2008
Bakken Stocks submits: Goldman Sachs analyst Brian Singer recently added EOG Resources (EOG) as a top pick in the Exploration and Production (E&P) sector as well as adding it to “Americas Conviction Buy List”. “Our coverage view on E&Ps is attractive,” the analyst said, adding that he viewed EOG as a “bellwether” E&P stock as the company has a superior combination of production growth, returns and...
JSOnline (Free subscription) | 06/18/2008
Stocks fell Tuesday as Goldman Sachs Group Inc. predicted banks will have to raise $65 billion in new capital to cover...
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incredible that those bastards are still entitled to spread the word around and how stupid investors are. Taking them off the conviction buy list close...
anonymous - 10/01/2008