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[Most Recent Quotes from www.kitco.com]

[Most Recent Quotes from www.kitco.com]




General Steel Holdings Inc. (GSI) Beats Estimates by 100%, Looks to Capitalize Further on Internal Chinese Infrastructure Development

QualityStocks (November 9th, 2009) Writes:

In past posts, a discussion about ” hitting ‘em where they ain’t” has been going on. Generally, as the economy and equities take hold once again, this is a solid perspective to consider for profit. There are, however, a few common realities to also consider. What is happening now on the ground, so-to-speak, cannot be ignored. China’s spending of its stimulus monies happens to be one of these realities. While the US and Europe are somewhat constrained by political issues, China is not. The Chinese government works quick and decisively. If it wants domestic spending for infrastructure development, it gets it moving now and not later. Those companies that are in the middle of this ability to act are the ones that will profit.

General Steel Holdings Inc., a specialty steel manufacturer, works to produce specialty steel products in the Peoples Republic of China. The company manufacturers products such as: hot-rolled

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Vale Banking on Better Economy – Analyst Blog

Zacks Market Commentaries (November 2nd, 2009) Writes:
Last week, Vale S.A. (VALE) announced a strong set of operational and financial results for the third quarter of 2009, returning to growth after the impact of the global financial shock. The improved performance reflects the company's underlying earnings power based on its world-class assets and strategic position, its efforts to weather the global downturn and the broadening of the economic recovery.  Vale continues to pursue sustainable shareholder value creation, implementing its growth strategy with tight discipline in terms of capital allocation, in line with its long-term vision for the mining industry.  Operating revenue was $6.89 billion, down 43% from the previous year's $12.12 billion. Revenue from ferrous metals was $4.37 billion, while revenue from nonferrous minerals reached $1.99 billion. EBITDA was $3.01 billion compared to $6.37 billion in the year ago quarter.  Vale posted a net profit of $1.68 billion compared to $4.82 billion ...

China Leads The Way …

Larry Edelson (November 10th, 2008) Writes:

China’s $585 billion spending package is equivalent to the U.S. spending nearly $3 trillion in fiscal stimulus. Massive? You bet it is! Inflationary? Absolutely! A boost to the entire global economy? YES! -- LarryChina unveils stimulus package as growth slowsProgram will spend more than $585 billion to jump-start economyNovember 10, 2008 (MarketWatch) -- China unveiled on Sunday what it described as a "massive" economic stimulus package in an effort to reverse slowing economic growth in the world's most populous country.China's state-run news agency, Xinhua, said that the program will "will loosen credit conditions, cut taxes and embark on a massive infrastructure spending program in a wide-ranging effort to offset adverse global economic conditions by boosting domestic demand."The package is valued at about 4 trillion yuan ($586 billion), to be spent over the next two years.Resource stocks on fire as

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