NEW YORK, February 26, 2013 /PRNewswire/ --
Today, Investors-Alliance announced new research reports
highlighting Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX),
Cliffs Natural Resources Inc. (NYSE:CLF), BHP Billiton Limited
(NYSE:BHP), Vale S.A. (NYSE:VALE) and Alcoa Inc. (NYSE:AA). Today's
readers may access these reports free of charge - including full
price targets, industry analysis and analyst ratings - via the
links below.
Freeport-McMoRan Copper & Gold
Inc. Research Report
Freeport-McMoRan, the biggest publicly traded copper producer,
was recently awarded $7 billion in
bank loans to back the company's proposed purchase of Plains
Exploration & Production Co. and McMoRan Exploration Co. The
financing consists of a $4 billion
term loan and a $3 billion revolving
credit line, each maturing in five years. In addition, it will help
reduce the company's bridge financing to just $5.5 billion to $9.5 billion. The move is seen to
steer Freeport away from its
dependence on copper production, which is tied to the strength of
industrial and construction sectors. Nevertheless, investment bank
Goldman Sachs sees a modest price growth this year despite rising
slower than gold last year. The Full Research Report on
Freeport-McMoRan Copper & Gold Inc. - including full detailed
breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.Investors-Alliance.com/r/full_research_report/4402_FCX]
--
Cliffs Natural Resources Inc. Research
Report
Iron ore and coal producer Cliffs Natural is reaping the
benefits of its recent upgrade from JPMorgan analysts to
"overweight" from "neutral" with a $40 price target despite dropping 37 percent
since mid-September last year. The analysts believe Cliff's shares
should climb going forward as their leverage to iron ore prices
should be strong over the medium term. The company is struggling
despite a 53 percent surge in seaborne spot iron prices, and the
current gap between the two is the widest on record. The free fall
was attributed to an $899 million
loss from its own massive impairment charge and commodity pricing
pressures, also cutting its dividend by 76 percent and announce a
dilutive capital raise to rightsize its balance sheet. The Full
Research Report on Cliffs Natural Resources Inc. - including full
detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.Investors-Alliance.com/r/full_research_report/1300_CLF]
--
BHP Billiton Limited Research
Report
Anglo-Australian miner BHP Billiton, one of the largest mining
groups globally, says it is still open to deals involving mergers
and acquisitions under its incoming chief executive Andrew Mackenzie, in contrast to other incoming
executives preaching austerity at this period. However, he insists
his strategy is still focused on current assets. The company
previously attempted acquiring Rio Tinto and PotashCorp under
outgoing CEO Marius Kloppers before
settling on U.S. natural gas producer Petrohawk in a deal that was
much smaller in comparison to the two. However, Motley Fool says
the failed attempts of Rio Tinto and PotashCorp could be blessings
in disguise. The Full Research Report on BHP Billiton Limited -
including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.Investors-Alliance.com/r/full_research_report/ddeb_BHP]
--
Vale S.A. Research Report
Brazil-based Vale, the world's
second largest mining company in the world, has just entered the
"oversold" territory with a relative strength index reading of
29.5, changing hands as low as $18.85
per share. According to Forbes, it is a sign that the recent heavy
selling is in the process of exhausting itself, and should begin to
look for entry point opportunities on the buy side. Earlier this
month, the miner entered a binding agreement with Silver Wheaton,
where Vale will acquire its gold mines in Brazil and Sudbury. The latter will receive $1.9 billion in cash and 10 million Silver
Wheaton warrant with a strike price of $65 as part of the 20 year deal. The divestment
is seen as a good move by many analysts, considering the possible
decline of gold's lustre amid economic recovery in many parts of
the world. The Full Research Vale S.A. - including full detailed
breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.Investors-Alliance.com/r/full_research_report/9726_VALE]
--
Alcoa Inc. Research Report
Alcoa, the largest aluminum maker in the US and third largest
globally, is close to resolving a labor dispute involving workers
at its ABI smelter in Quebec,
Canada with a new contract agreement. The workers,
represented by the United Steelworkers union, are discussing a
four-year deal with annual wage increases of as much as 2.8
percent, with job cuts also being considered. In other news, the
company led the Dow Jones Industrial Average with a 4.3 percent
gain this week, after Citic Group, a Chinese state-owned investor
group, announced plans to invest $468
million in Alumina Ltd., whose main asset is World Alumina
& Chemicals, a venture with Alcoa. The investment will be used
to pay down debt, and could reinstate Alcoa's suspended dividend.
The Full Research Report on Alcoa Inc. - including full detailed
breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.Investors-Alliance.com/r/full_research_report/98df_AA]
--
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SOURCE Investors-Alliance