This morning, Goldman Sachs upgraded shares of both Potash (POT) and Mosaic (MOS) as the firm is bullish on potash in 2010. The firm added Potash to its Conviction Buy List and upgraded shares of Mosaic from Neutral to Buy.
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Dec. 16 (Bloomberg) — Stuart Kirk of the Financial Times' Lex commentary team talks with Bloomberg’s Erik Schatzker about the outlook for the currency market. (Source: Bloomberg) ... FT's Lex Columnist Kirk Comments on Fixed Currencies: Video Audio Visual Banking Bloomberg Country Economies...
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Exeter Resource Corporation announced that it will be included in the Standard & Poor’s / TSX Global Gold Index and the Standard & Poor's / TSX Global Mining Index. Shares of the company jumped on Friday from an open of $6.94 to a close of $8.50.
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Dec. 18 (Bloomberg) — Steven Leuthold, chairman of Leuthold Weeden Capital Management, talks with Bloomberg’s Betty Liu about the performance of the US stock market and the outlook for a market "correction" in 2010. Leuthold speaks from Minneapolis. (This report is an excerpt. Source: Bloo...
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Treehouse Foods (THS) announced that it will acquire Sturm Foods, the leading private label manufacturer of hot cereal and powdered soft drink mixes, from HM Capital Partners LLC and other shareholders. The transaction is valued at $660 million, with closing expected by March 31, 2010.
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Dec. 18 (Bloomberg) — Gregory Segall, managing partner at buyout firm Versa Capital Management Inc., talks with Bloomberg’s Erik Schatzker about the market for distressed assets. Segall speaks from Philadelphia. (Source: Bloomberg) ... Segall Calls 2010 Distressed Market `Field of Dreams':...
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The Day Ahead: U.S. and U.K. GDP
