Gibraltar Industries Inc.’s (ROCK) share price has entered into oversold territory with a stochastic value of 14.77. Analysts have been increasing their estimates on the company’s full-year earnings, sending the Zacks Consensus Estimate up by 20 cents over the past 3 months to loss of 20 cents per share. Gibraltar is a Zacks #1 Rank (“Strong Buy") company."ROCK" Free Stock Analysis: Buy? Sell? Hold?Zacks Investment Research

Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

Aeropostale Inc (ARO) The AES Corp (AES) Anglo American Plc (AAUKY) Big 5 Sporting Goods Corp (BGFV) Bio-Rad Laboratories Inc (BIO) Brasil Telecom Participacoes SA (BRP) Bway Holding Co (BWY) Carmike Cinemas Inc (CKEC) Cognex Corp (CGNX) Computer Sciences Corp (CSC) Ctrip.com International Ltd (CTRP) DeVry Inc (DV) Discover Financial Services (DFS) Dolan Media Co (DM) Dow Chemical Co (DOW) Fossil Inc (FOSL) Gibraltar Industries Inc (ROCK) ...

Maryana Torocheshnikova writes about the trial of Mikhail Khodorkovsky in OpenDemocracy:

The new charge against Khodorkovsky and Lebedev is, among other things, based on many documents containing absurd factual errors. As an example the defence highlighted the low quality of translations of international business correspondence adduced as evidence. For instance the translator misunderstood the word "products" as the names of several countries of Asia, Africa and Latin America. There are also dates here such as the 32nd of December, the 33rd and 36th of December. This one of Lebedev's favourite subjects for sarcastic comment, and he frequently reminds the prosecutors of another absurdity. The investigator is either incompetent or simply ignorant, because he describes Gibraltar as an island.  Lebedev  said in court "If you tell me, your

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For weeks now the liberal world media dutifully has been repeating dire threats against so-called “tax havens” from the big spending, high taxing, anti-tax competition likes of Germany’s Merkel and France’s Sarkosy.

Even President Obama allowed his less than impressive Secretary of the Treasury to make some noise against tax havens.

The orchestrated battle of words hurled at offshore financial centers got so heated that British PM Gordon Brown felt obliged to demand for “the end of tax havens.”

This belated anti-tax haven baloney comes from Her Majesty’s first minister whose government is in charge (and has been for a decade) of the United Kingdom’s many tax havens in its overseas territories (Bermuda, the Cayman Islands, British Virgin Islands, the Turks & Caicos) and its Crown Dependencies (the Channel Islands of Jersey and Guernsey and the Isle of Man), plus Gibraltar.

Does the Rt. Hon. Gordon believe that the

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Mike Larson is off today, so he asked me to fill in for him. And one thing that I think Mike and I both agree on is that ETFs, or exchange traded funds, are one of the best things that ever happened for small investors.

You may already know about the advantages they have over conventional mutual funds … liquidity, low costs, transparency, diversification, and more.

What you may not know is that there is a new investment that looks a lot like an ETF but is actually a whole different species. I’m talking about ETNs: exchange traded notes.

On the surface, ETNs share many of the characteristics of ETFs. You can buy and sell them on the stock exchange throughout the day, their performance closely mirrors an index, and they give you access …

Goldman Sachs is downgrading their view on US Steel Sector to Neutral from Attractive this morning:They are transferring coverage of the steel sector to Sal Tharani from Aldo Mazzaferro. Firm is also downgrading their coverage view for the sector to Neutral from Attractive due to the re-emergence of various risks-both perceived and real, such as rising dollar, "China fear", weak economic data out of the developed and emerging markets, and softness in steel and scrap prices. They believe that negative news flow in the near term would keep multiples compressed, and wait for a better opportunity to get more constructive on the sector.Nucor and US Steel remain Buy rated stocks. However, they are removing US Steel from Conviction Buy List and also upgrading STLD to Buy, replacing CMC, which is now rated Neutral. In the near term, the firm see smore ...

Whiting Petroleum Corporation (WLL), the independent oil and gas company that explores primarily in the Permian Basin, Rocky Mountains, Mid-Continent, Gulf Coast and Michigan, continues to be a Zacks #1 Rank (Strong Buy) stock even as crude and natural gas prices have pulled back from record highs.

On July 30, WLL reported second quarter earnings that missed on analysts' estimates by 5.47%, or 11 cents per share. However, it was a record quarter for the company, as net income spiked to $80.4 million, or $1.90 per share, from $26.5 million, or 72 cents per share, in the second quarter of 2007.

Production continues to increase year over year with first half production in 2008 totaling 7.76 MMBOE, or 42,660 BOE per day, compared with 7.26 MMBOE, or 40,090 BOE per day, in the first half of 2007.

The company is bullish about production going forward. It has

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Gibraltar Industries increased sales by 6% in the second quarter despite weakness in its key markets: housing and autos. The company has surprised on estimates 4 consecutive quarters by an average of 62.29%. Gibraltar has a forward P/E of 13.62.

Company Description

Gibraltar Industries, Inc. (ROCK) manufactures products for the building, industrial and automobile markets. It operates 73 facilities in 27 states, Canada, China, England, Germany and Poland and services customers in all 50 states and worldwide.

The company has two segments: Building Products and Processed Metal Products. The Building Products segment manufactures, among other things, ventilation products, masonry and storm and hurricane panels. The company is also the largest manufacturer of mailboxes in North America.

The Processed Metal Products segment includes flat-rolled products operations, non-ferrous metal powders, and just-in-time materials management.

Gibraltar's goal is to achieve $2 billion in annual sales, with net income of $120 million,

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Reason for comment London Capital Group Holdings (LCG) today published a trading update covering the first half that ended on 30 June 2008. The group expects pre-tax profit to be “significantly ahead of original management expectations and approximately 50% ahead of the same period last year”.

It reports increased volumes and revenues across the group and notes that “current market conditions continue to favour the business model”. The recently acquired FuturesBetting.com, based in Gibraltar, is expected to go live later this month.

The Board has announced its intention to pay an interim dividend of 2.5p, a 100% increase on the interim dividend last year.

Interim results are scheduled to be announced on 7 August 2008.

Objective's view:

Altogether we view the trading statement as supportive of our core and optimistic valuations of 458p and 600p respectively

Pre-tax profit at the interim stage last year was £3.9m. The statement today

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