Month: May 2013

Kitco Video

ECB Meeting Will Have Greater Impact on Gold & Silver Prices Than Fed’s FOMC Statement

May 1, 2013 0

[youtube w9jjpDtVKzw] With the results of the Federal Open Market Committee and European Central Bank meetings coming up this week, we look at its effects on monetary policies as well as the prices of gold, silver, and PGMs. Peter Hug of Kitco Metals only expects policy changes in the US to start taking place by the first quarter of 2014. However, the ECB meeting on Thursday morning will have a more dramatic effect on metal prices, as he predicts an interest rate drop of 25 basis points in the Eurozone. […]

Kitco Video

For Pete’s Sake: ECB will have more effect on metals than FOMC April 30, 2013

May 1, 2013 0

[youtube w9jjpDtVKzw] With the results of the Federal Open Market Committee and European Central Bank meetings coming up this week, we look at its effects on monetary policies as well as the prices of gold, silver, and PGMs. Peter Hug of Kitco Metals only expects policy changes in the US to start taking place by the first quarter of 2014. However, the ECB meeting on Thursday morning will have a more dramatic effect on metal prices, as he predicts an interest rate drop of 25 basis points in the Eurozone. […]

Upgrades

DATA I/O (DAIO) Upgraded by Zacks to NEUTRAL

May 1, 2013 0

Zacks Investment Research upgraded shares of DATA I/O (DAIO) from UNDERPERFORM to NEUTRAL on May 01, 2013, with a target price of $1.70. Data I/O Corporation is engaged in the design, manufacture, and sale of programming systems that are used by designers and manufacturers of electronic products. The company's programming system products are used to program integrated circuits with the specific unique data for the product within which the integrated circuits will be used, and are an important tool for the electronics industry which is experiencing growing use of programmable integrated circuits […]

Upgrades

EQT MIDSTRM PTR (EQM) Upgraded by Zacks to OUTPERFORM

May 1, 2013 0

Zacks Investment Research upgraded shares of EQT MIDSTRM PTR (EQM) from NEUTRAL to OUTPERFORM on May 01, 2013, with a target price of $48.30. EQT Midstream Partners, LP is formed to own, operate, acquire and develop midstream assets in the Appalachian Basin. The Company provides substantially all of its natural gas transmission, storage and gathering services under contracts with fixed reservation and/or usage fees. […]

Stock Analysts

Allergan Beats on Earnings (ABBV) (AGN) (ONXX) (UCBJF)

May 1, 2013 0

Allergan, Inc. ( AGN ) reported first quarter 2013 earnings of 98 cents per share, beating the Zacks Consensus Estimate of 96 cents per share by 2 cents. While earnings increased 18.1% from the year-ago quarter, revenues increased 8.3% to $1,459.6 million, above the Zacks Consensus Estimate of $1,443 million. […]

Stock Analysts

Shire Settles Lawsuit with Actavis (ACT) (SHPG) (UCBJF) (WX)

May 1, 2013 0

Shire ( SHPG ) recently announced that the company settled its pending litigation with Actavis, Inc ( ACT ), formerly known as Watson Pharmaceuticals. The litigation was primarily related to Actavis’ Abbreviated New Drug Applications (ANDAs) for generic versions of Shire's Attention Deficit Hyperactivity Disorder (ADHD) drug, Intuniv. As per the settlement, Actavis is licensed to manufacture and market its generic versions of Intuniv in the US from Dec 1, 2014 or earlier subject to certain limited circumstances. […]

Max Keiser

Dollar tyranny kills masses around the world

May 1, 2013 0

[youtube 6oXZwtMcb-g] Watch the full Keiser Report E439 on Thursday. In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss paper addiction and the toothless, pimply faced paper pushers hooked on an ever-increasing fix of debt. There is no paper these guys won’t push, no debt they won’t inject into the veins of the economy and these addicts refuse to sober up despite the overwhelming evidence found in gold demand that they’ve reached a bottom at which no new hit can get them high […]

Downgrades

ALPHATEC HLDGS (ATEC) Downgraded by Zacks to UNDERPERFORM

May 1, 2013 0

Zacks Investment Research downgraded shares of ALPHATEC HLDGS (ATEC) from NEUTRAL to UNDERPERFORM on May 01, 2013, with a target price of $1.80. Alphatec is a medical device company focused on the design, development, manufacturing and marketing of products for the surgical treatment of spine disorders. […]

Downgrades

LEHIGH GAS PTNR (LGP) Downgraded by Zacks to NEUTRAL

May 1, 2013 0

Zacks Investment Research downgraded shares of LEHIGH GAS PTNR (LGP) from OUTPERFORM to NEUTRAL on May 01, 2013, with a target price of $25.90. Lehigh Gas Partners LP is engaged in the wholesale distribution of motor fuels to gas stations, truck stops, and toll road plazas primarily in the United States. […]

Upgrades

GEOPHYSIQUE-ADR (CGG) Upgraded by Zacks to NEUTRAL

May 1, 2013 0

Zacks Investment Research upgraded shares of GEOPHYSIQUE-ADR (CGG) from UNDERPERFORM to NEUTRAL on May 01, 2013, with a target price of $21.90. GEOPHYSIQUE-ADR is a leading provider of geophysical services and products and provides seismic-based reservoir solutions to the oil and gas industry. CGG has increasingly drawn on the synergy between equipment and software technology, on the one hand, and field or processing expertise, on the other, to develop an offering of highly technical products and services which are fully geared to provide solutions where and when they need to be implemented, globally or locally. […]