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Zacks Industry Outlook Highlights: Newmont and Kinross Gold Corp. – Press Releases

Zacks Market Commentaries (July 29th, 2009) Writes:
For Immediate Release

Chicago, IL – July 29, 2009 – Zacks.com announces the latest Industry Outlook. Today’s outlook from Zacks Equity Research analyst Paul Raman discusses the Metals & Mining sector. Highlighted stocks include: Newmont (NEM) and Kinross Gold Corp. (KGC).

Here is the latest on the Metals & Mining sector:

Prices have peaked due to the record commodities run-up and also by slowing economies. Prices are steady in recent months. The slowdown in the U.S./Europe/Japanese economies remains a negative issue facing producers. Shipments are off at a double-digit rate. Pension deficits are rising due to lower interest rates, a weak stock market and less funding. Gold prices are staying high, but we remain bearish on gold due to the following:

1) An increase in stock offerings - Both Newmont (NEM) and Kinross Gold Corp. (KGC) have announced sizable stock offerings in ...

Zacks Industry Outlook Highlights: Celanese – Press Releases

Zacks Market Commentaries (July 21st, 2009) Writes:
For Immediate Release

Chicago, IL – July 21, 2009 – Zacks.com announces the latest Industry Outlook. Today’s outlook from Zacks Equity Research analyst Paul Raman discusses the Chemicals & Fertilizers sector. Highlighted stocks include: Celanese (CE).

Here is the latest on the Chemicals & Fertilizers sector:

Demand growth is near 0% currently. Demand for chemicals tracks global industrial production and global GDP very closely. Housing and auto markets could continue to weaken. Nearly 10% of chemical demand is directly tied to the housing sector, and an additional 10% is tied to the auto sector.

The global slowdown in economic growth will directly affect the chemical industry. Prices may fall. Pricing power is a function of three variables: inflation, capacity utilization and raw material price changes. Inflation is low (but could increase with aggressive monetary policy), capacity utilization levels are weakening, and oil prices are weak. This suggests

...

Zacks Industry Outlook Highlights: General Motors, AutoZone and TRW Automotive. – Press Releases

Zacks Market Commentaries (June 8th, 2009) Writes:
For Immediate Release

Chicago, IL - June 8, 2009 - Zacks.com releases the latest Industry Outlook. Today's interview is with senior analyst Paul Raman, who talks about the Automotive Industry, including General Motors (GMGMQ), AutoZone (AZO) and TRW Automotive (TRW).

A synopsis of today's Industry Outlook is presented below. The full article can be read at http://at.zacks.com/?id=2678.

Earnings are below expectations and have been for some time. Demand for autos is down (35)% due to a weak economy and weakening real estate market. Demand is also hurt by weakening employment. The recent credit crunch is crippling to auto sales, and this has a trickle-down effect throughout the industry.

Furthermore, there is a slowdown of SUV sales, which are 55% of sales (cars are 45%). Imports have also been more competitive, as they tend to have better gas mileage. Costs

...

Zacks Industry Outlook Highlights: Celanese and Eastman. – Press Releases

Zacks Market Commentaries (June 2nd, 2009) Writes:
For Immediate Release

Chicago, IL - June 2, 2009 - Zacks.com releases the latest Industry Outlook. Today's interview is with senior analyst Paul Raman, who talks about the Chemicals & Fertilizers Industry, including Celanese (CE) and Eastman (EMN).

A synopsis of today's Industry Outlook is presented below. The full article can be read at http://at.zacks.com/?id=2678.

The global slowdown in economic growth will directly affect the chemical industry. Prices may fall in this industry. Pricing power is a function of three variables: inflation, capacity utilization and raw material price changes. Inflation is low (but could increase with aggressive monetary policy), capacity utilization levels are weakening, and oil prices are falling. This suggests a high probability of falling prices.

There is the chance of accelerating capacity growth in 2009-2011, assuming that projects do not get cancelled. This is at a time when demand

...

Newmont Mining, Kinross Gold, DRD Gold and Harmony Gold – Press Releases

Zacks Market Commentaries (May 14th, 2009) Writes:
For Immediate Release

Chicago, IL - May 14, 2009 - Zacks.com announces the latest Industry Outlook. Today's outlook from Zacks Equity Research analyst Paul Raman discusses the Metals & Mining sector. Highlighted stocks include: Newmont Mining (NEM), Kinross Gold Corp. (KGC), DRD Gold (DROOY) and Harmony Gold (HMY).

Here is the latest on the Metals & Mining sector:

Both Newmont Mining (NEM) and Kinross Gold Corp. (KGC) have announced sizable stock offerings in recent days. They know when the gold market and their stocks have peaked. Gold has no value and has spiked recently - It is just another metal like copper and lead. Its luster is in name only. It is economically sensitive. Most, if not all, other commodities have collapsed in recent months.

That said, DRD Gold (DROOY) is a Buy due to high gold prices, strong

...

Ford, Magna International, American Axle and Lear Corp. – Press Releases

Zacks Market Commentaries (May 4th, 2009) Writes:
For Immediate Release

Chicago, IL - May 4, 2009 - Zacks.com releases the latest Industry Outlook. Today's interview is with senior analyst Paul Raman, who talks about the Automotive Industry, including Ford Motor Co. (F), Magna International (MGA), American Axle and Manufacturing (AXL) and Lear Corp. (LEA).

A synopsis of today's Industry Outlook is presented below. The full article can be read at http://at.zacks.com/?id=2678.

Ford Motor Co. (F) is likely to be a major beneficiary of weakness elsewhere in the industry. They have restructured their debt and have a decent shot of staying out of bankruptcy. They are likely to increase market share at GM and Chrysler's expense.Pricing is likely to improve as 20% industry-wide overcapacity

...

DRDGOLD Limited – Value – Zacks Rank Buy

Tracey Ryniec (March 12th, 2009) Writes:
DRDGOLD Limited (...

Metals & Mining – Zacks Analyst Interviews

Zacks Market Commentaries (February 4th, 2009) Writes:
Our current outlook for the Metals & Mining industry is neutral. We will now cite the pros and cons of this group at the present time.

OPPORTUNITIES

There is higher consumption of metals in the Asia/Pacific region, especially China and India. This is due to per capita consumption rising towards U.S./European levels. The overall industry structure is rather concentrated, with a few producers representing a high proportion of sales. There are vastly improved balance sheets with solid liquidity. Production cuts of up to 35% are occurring that is keeping operating rates in the low-80s and keeping the market balanced. Currently, we have a Buy rating on AK Steel Holdings, Inc. (

...

Japanese Automakers – Industry Outlook

Zacks Market Commentaries (January 6th, 2009) Writes:
Senior automotive industry analyst Paul Raman, CFA, recently returned from the San Diego Auto Show, had these comments to make about Toyota Motors (...

Japanese Automakers

Zacks Market Commentaries (January 6th, 2009) Writes:
Senior automotive industry analyst Paul Raman, CFA, recently returned from the San Diego Auto Show, had these comments to make about Toyota Motors (TM), Honda Motor Company (HMC), Nissan Motors (NSANY) and others.Most -- if not all -- automakers are keeping an eye on joint venture and/or buyout opportunities within the industry in 2009.  Also pending in the early part of the year is the question of a further auto industry bailout by the U.S. Federal government, though this concerns the American Big Three, not the Japanese automakers.TOYOTAYaris - Sales are up 27% for this car that gets 32 MPG and has a 4 star crash rating with a economical price of $16K. There is not enough leg room and a strange dashboard. The interior needs a major upgrade.Tundra - Sales are down 25% for this pickup with 15 MPG. ...

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