Tag: credit

More Upside for DryShips (Nasdaq:DRYS)

Filed in credit-suisse, Dryships, Gold Prices, o, price-target, target, upgrade by on December 10, 2010 0 Comments

DryShips (Nasdaq:DRYS) has enjoyed a big boost today as an analyst from Credit Suisse (NYSE:CS) upgraded the shipping company, along with his price target on them. Dryships announced last week it is going to raise $500 million via a private offering, which they’re going to use to “finance construction costs of the ultra deepwater newbuilding drillships under construction at Samsung, exercise

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Kumar Maintains NEUTRAL Rating on Energy Conversion Devices (Nasdaq:ENER) – Raises Price Target

Filed in Gold Investing, o, silver by on November 10, 2010 0 Comments

November 10, 2010 – Analyst Comments – Credit Suisse’s Satya Kumar commented on Energy Conversion Devices (Nasdaq:ENER) Q111 financial results. Kumar has NEUTRAL rating on the stock and raise his price target to $6. Financial…

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Credit Suisse’s McNulty Comments on Celanese Corp’s (NYSE:CE) Move into Industrial Ethanol

Filed in o, silver by on November 10, 2010 0 Comments

November 10, 2010 – Analyst Comments – Credit Suisse’s John McNulty weighed in on Celanese Corporation’s (NYSE:CE) entrance into the industrial-use ethanol market with the launch of two 400K ton facilities in China and a 40K ton…

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Goldman (NYSE:GS) Upgrades AngloGold Ashanti (NYSE:AU)

South African miner AngloGold Ashanti (NYSE:AU) was upgraded by Anglogold Ashanti (NYSE:AU) from “Sell” to “Neutral.” That’s an upward move of two notches for the gold miner. Earlier in the month Anglogold was upgraded from “Underperform” to “Neutral” by Credit Suisse (NYSE:CS). Anglogold also eliminated their hedge book recently, now standing in full exposure to gold. The gold miner closed

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Moody’s More Optimistic on Ford – Analyst Blog

Filed in Gold Prices, silver, upgrade by on October 11, 2010 0 Comments

Moody’s Investors Service, the credit rating agency of Moody’s Corporation (MCO), has upgraded its ratings outlook on Ford Motor Co. (F) based on improved operating performance of the automaker.

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Bank of America (NYSE:BAC) Says Quantitative Easing Will Pressure Gold

In a recent note to clients, Bank of America Corp (NYSE:BAC) said quantitative easing by the Federal Reserve will put upward pressure on gold prices, as the U.S. economy continues to sputter.Bank of America said, “Since the first round of QE, precious metals have perhaps become the biggest beneficiary of money printing. In a way, gold is playing out as a second act of the credit bubble, with the

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Credit Suisse Reiterates OUTPERFORM on Globa Specialtiy Metals (NYSE:GSM)

Filed in outperform, silver by on September 29, 2010 0 Comments

September 29, 2010 – Analyst Comments – Credit Suisse’s Richard Garchitorena et. al. commented on Globe Specialty Metals (NYSE:GSM) this morning, reiterating its OUTPERFORM rating, citing a still robust silicon metal story as well as …

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Home Sellers Forced To Cut Prices–Finally

Filed in Gold Investing, Gold Prices by on September 15, 2010 0 Comments

It was only a matter of time when reality would catch up to the housing market. The foolish homebuyer’s tax credit was able to give a boost to prices in the short run of up to 10% in some areas. But alas the credit has expired so naturally demand has f…

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Turn Out The Lights – The Party Is Over: 20 Signs That American Consumers Are Completely And Totally Tapped Out

Filed in Gold Prices, recession, silver by on September 14, 2010 0 Comments

Many economists have been mystified that even though the recession is “over”, American consumers have not opened their wallets and started spending again like they normally do at the end of a recession.  News report after news report has encouraged Americans to grab their credit cards and to head out to the stores and start spending

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Credit Suisse (NYSE:CS) Raises Agnico (NYSE:AEM) Price Target

Agnico-Eagle Mines (NYSE:AEM) had its price target raised by Credit Suisse (NYSE:CS), increasing it to $79. Agnico was up to $64.74, gaining gaining $0.03, or 0.05 percent, at 3:21 PM EDT. Credit Suisse had a price target of $75 a share on the gold miner before their increase. In a note to clients, Credit Suisse said, “On Sept. 8, 2010, AEM provided an update on its 2010 exploration program.

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Divorce Doesn’t Stop Credit Card Responsibilities

Filed in ceo, Debt, dividend, Gold Investment by on September 13, 2010 0 Comments

Divorce is a big issue for many couples, and the age-old concept of splitting everything right down the middle also applies to credit card debt. Regardless of what spouse physically racked up all the credit card debt, if both parties’ names are on the credit card agreement, both are equally responsible for paying the bill — even following a divorce. Unfortunately, the animosity that so often accompanies divorce prompts one spouse to decide not to pay their share of the debt. The only way to enforce payments is to take the former spouse to court. It costs more money to do that for both parties, so avoid further litigation if at all possible, and be sure to close any accounts you may have held jointly once you get your outstanding balance paid off. To protect your credit score from taking a hit, it pays to get the account statements mailed to both new addresses to monitor the payment status as you look to clean up the debts that were outstanding when divorce proceedings were initiated. Worst case, it may make sense to pay the debt and move on, not damaging your credit score as you move on with your life. The good news is that you are not financially responsible for any credit card accounts that are solely in your spouse’s name, unless a court decides it is your responsibility for some reason. Of course, your attorney would be

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Secrets to Getting the Best Mortgage Refinance Deal

Filed in ceo, Debt, dividend, Gold Investment, interest-rates by on September 10, 2010 0 Comments

Falling interest rates are a hot topic these days, and contacting your mortgage lender about refinancing to a lower rate could be a great idea to save you tons of money. Before you make the call, though, you’ll need to put together some details to share with the phone representative. First of all, you’ll need to make sure you’ve been paying your mortgage on time. Stress that fact to your lender — harp upon it several times to make sure they know you’re a responsible borrower. Next, you’ll want to highlight your positive credit history. Your lender is going to check your credit, so do whatever you can beforehand to make sure your credit history is solid. Then, make sure to organize your income tax documents so you can verify your current financial situation. Now, if you’ve recently lost your job or have less-than-stellar credit, you’ll need to disclose that information to your lender. It will almost certainly negatively impact your potential rate savings, but it’s best to lay everything on the table up front. Everyone appreciates honesty! Another big factor in refinancing is the home appraisal. Your home needs to be appraised to make sure you qualify for a better rate, and also to ensure it compares well with recent sales in your area. With home values having gone down nationwide, you need to be sure your debt-to-income ratio also falls favorably. If you take care of these factors first, you’ll be well on your way to working a better interest rate for your mortgage! A final option to consider is perhaps reducing the length of your current mortgage, instead of refinancing back to a 30-year program. This option is particularly attractive if you plan on staying in your home for several years. You’ll undoubtedly be offered a better rate on a 20-year mortgage, for example, than a 30-year — just be sure you can afford the monthly payment. Paul Rubillo is the founder and CEO of Dividend.com. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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