Архивы рубрики ‘Commodities’

Foster’s Group Ltd suffering huge losses

Tuesday, August 24th, 2010

Foster’s Group Ltd., the largest Australian producer of beer and wine, reported losses in the second half of the fiscal year after a writedown in its wine business. Brewing company’s net loss amounted to 820.1 million Australian dollars in the first half-year that ended in June, compared with a net profit of 27 million Australian dollars previous year, the company said.

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Coffee prices set an absolute record

Monday, August 23rd, 2010

The futures of Arabica coffee have reached the uptick of 12 years in New York today. Robusta coffee also hit highest level in two years in London due to the tropical storm closing on the coffee-producing countries.

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Burberry Group plc (LON: BRBY), Marks and Spencer Group Plc (LON: MKS) and Billabong master the red zone

Friday, August 20th, 2010

Burberry Group plc (LON: BRBY) shares remain in the red zone around 829.50 points, losing -6.50 (-0.78%). Marks and Spencer Group Plc (LON: MKS) drops to 333.00 points, down -4.20 (-1.25%).

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Apple Inc. (NASDAQ: AAPL) shares could soar due to new iPhone with NFC chip inside

Wednesday, August 18th, 2010

Apple Inc. (NASDAQ: AAPL) shares could rise to a maximum in the coming months. Apple Inc. rose to 254.17 points, gaining +2.20 (0.87%) today. As reported earlier, Apple had hired the NFC technology expert Benjamin Vigier.

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The DJIA: Exxon Mobil (NYSE: XOM) and Chevron Corporation (NYSE: CVX) go up today due to rising oil prices

Tuesday, August 17th, 2010

Oil prices are rising today. DJIA climbs higher. Exxon Mobil Corporation (NYSE: XOM) shares rose to 60.80, gaining +1.54% owing to a rise in oil prices. Chevron Corporation (NYSE: CVX) approached to 77.73 points, gaining +0.74 (0.96%).

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ArcelorMittal (NYSE: MT) holding talks with Wuhan (NASDAQ: WUHN), bypassing the Rio Tinto, Vale and BHP Billiton

Tuesday, August 17th, 2010

Wuhan General Group China Inc. (NASDAQ: WUHN) shares dropped to1.31 points, losing -0.08 (-5.75%). ArcelorMittal (NYSE: MT) shares rose
to 30.42 points, gaining +0.73%).

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Carlsberg A / S net profit may rise

Tuesday, August 17th, 2010

Carlsberg A / S, the largest brewer in Russia, raised the forecast for net profit for the entire year. The company believes in demand increasing. The company now expects operating profit for 2010 of 10 billion Danish kroner ($ 1.7 billion).

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AngloGold Ashanti Limited (NYSE: AU) has all chances to go up

Monday, August 16th, 2010

AngloGold Ashanti Limited (NYSE: AU) may rise in price by 2-3% today – analysts say. Bullish trend observed in the metals market with the auction.

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Alcoa Inc. (NYSE: AA) and BlueScope Steel Limited (ASX: BSL) will try to rise in price

Monday, August 16th, 2010

Metals prices are rising. Alcoa Inc. (NYSE: AA) began trading with 10.64 points and can gain about 1% by the end of the day. BlueScope Steel Limited (ASX: BSL) is about 2.39 points, gaining 3.02% today.

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Oil prices will help the DJIA and Halliburton Co. (NYSE: HAL) today

Friday, August 13th, 2010

The Dow Jones Industrial Average catches a bullish trend. Oil prices have helped Halliburton Co. (NYSE: HAL) as well. At the same time, investors believe in the positive trend early next week.

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