NewsWhore
05-27-2009, 11:10 AM
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Vale Cut to 'Neutral' at Goldman; Profit Estimates Cut on Real (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Dav_42wMTz5LE%26refer%3Dlatin_america&cid=1250023719&ei=NUwdSoCrH5Py6wOg5NmMBw&usg=AFQjCNFru9FTfUmg_sOiugiuJHgP_MiwLQ)
Bloomberg
... The stock “already seems to be pricing in the rebound we forecast in iron ore shipments,” Goldman analysts wrote. The analysts also reduced their earnings forecasts for 2009 and 2010 because of lower metal prices and the stronger Brazilian currency.
More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Dav_42wMTz5LE%26refer%3Dlatin_america&cid=1250023719&ei=NUwdSoCrH5Py6wOg5NmMBw&usg=AFQjCNFru9FTfUmg_sOiugiuJHgP_MiwLQ)
Vale Cut to 'Neutral' at Goldman; Profit Estimates Cut on Real (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Dav_42wMTz5LE%26refer%3Dlatin_america&cid=1250023719&ei=NUwdSoCrH5Py6wOg5NmMBw&usg=AFQjCNFru9FTfUmg_sOiugiuJHgP_MiwLQ)
Bloomberg
... The stock “already seems to be pricing in the rebound we forecast in iron ore shipments,” Goldman analysts wrote. The analysts also reduced their earnings forecasts for 2009 and 2010 because of lower metal prices and the stronger Brazilian currency.
More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Dav_42wMTz5LE%26refer%3Dlatin_america&cid=1250023719&ei=NUwdSoCrH5Py6wOg5NmMBw&usg=AFQjCNFru9FTfUmg_sOiugiuJHgP_MiwLQ)