Commodities Options | Commodities Futures | Commodities Prices » Stephanie Grimmett

Has Aracruz Celulose (ARA) found a bottom?

Stephanie Grimmett — Tue, 07 Oct 2008 15:47:12 +0000

After sacrificing its CFO in the Brazilian currency crisis last month, Aracruz Celulose (ARA) stock was down for the count. But today shares aren’t continuing their crash. Have we seen a bottom in ARA?
by Stephanie Grimmett
Baltimore — (TFN): Brazilian pulp manufacturer Aracruz Celulose (NYSE:ARA) fired its chief financial officer a [...]

© Stephanie Grimmett for TodaysFinancialNews.com LLC, 2008. |
Permalink |
|
Add to
del.icio.us

Post tags: aracruz, brazil, celulose, cfo, chief financial officer, currency crisis, eucalyptus, pulp, reais, stephanie grimmett, vcp, Votorantim Celulose e Papel

Rusal vs. Norilsk (NILSY): Who wins if nickel loses?

Stephanie Grimmett — Fri, 03 Oct 2008 17:19:57 +0000

Russian billionaires are squabling over the world’s largest nickel producer. But while they struggle for control, no one has considered what’s best for Norilsk (NILSY). Commodities prices are falling, and demand is sliding. Could Rusal save Norilsk? More importantly, does anyone care?
by Stephanie Grimmett
Baltimore — (TFN): Yet again, Russian billionaires are reenacting a [...]

© Stephanie Grimmett for TodaysFinancialNews.com LLC, 2008. |
Permalink |
|
Add to
del.icio.us

Post tags: alumina, aluminum, bauxite, bhp, billiton, Commodities, copper, deripaska, medvedev, nickel, nilsy, norilsk, palladium, platinum, potanin, putin, rusal, russian billionaires, stephanie grimmett

Xstrata (XTA) and Lonmin (LMI): The buyout isn’t dead

Stephanie Grimmett — Wed, 01 Oct 2008 17:22:21 +0000

Xstrata (XTA) has dropped its $10 billion hostile takeover offer for Lonmin (LMI), or has it? Xstrata’s new investment could be a step toward a cheaper buyout attempt six months from now.
by Stephanie Grimmett
Baltimore — (TFN): Just as predicted, Xstrata (London:XTA) walked away from its hostile bid to buyout Lonmin (London:LMI) today. But [...]

© Stephanie Grimmett for TodaysFinancialNews.com LLC, 2008. |
Permalink |
|
Add to
del.icio.us

Post tags: british takeover panel, buyout, credit, hostile, lmi, lonmin, market, mining, moratorium, platinum, stephanie grimmett, Xstrata, xta

Cosan (CZZ) down 14%: Sweet or bitter?

Stephanie Grimmett — Tue, 30 Sep 2008 20:15:05 +0000

Cosan (CZZ) actually saw overall gains from the market crash on Monday. But is it ready for an investment?
by Stephanie Grimmett
Baltimore — (TFN): The markets went mad yesterday, and I’m not just referring to the free fall due to the bailout bill. In the kind of wild insanity that ruled Monday, traders [...]

© Stephanie Grimmett for TodaysFinancialNews.com LLC, 2008. |
Permalink |
|
Add to
del.icio.us

Post tags: cane, commercio, correction, cosan, czz, ethanol, industria, market crash, monday, stephanie grimmett, sugar, traders

Will Xstrata (XTA) fill vacuum left by Lonmin (LMI) CEO?

Stephanie Grimmett — Mon, 29 Sep 2008 17:22:57 +0000

Lonmin’s CEO shocked the world by stepping down three days before the Xstrata (XTA) deadline. But the exit of Brad Mill leaves investors wondering not whether Lonmin (LMI) will accept the offer but if Xstrata will back out before it can.
Baltimore — (TFN): Three days before the Xstrata (London:XTA) bid deadline, and Lonmin [...]

© Stephanie Grimmett for TodaysFinancialNews.com LLC, 2008. |
Permalink |
|
Add to
del.icio.us

Post tags: brad mills, ceo, chief strategic officer, copper, ian farmer, lmi, lonmin, platinum, stephanie grimmett, Xstrata, xta

Vale (RIO) cuts off iron ore… and China goes shopping

Stephanie Grimmett — Thu, 25 Sep 2008 16:57:00 +0000

Vale (RIO) has cancelled its iron ore shipments to China until the country’s steelmakers cough up more dough. But China has other ideas. And Vale may find its products aren’t as vital as it originally thought.
by Stephanie Grimmett
Baltimore — (TFN): It’s the "teach a man to fish" theory of steelmaking: Buy iron [...]

© Stephanie Grimmett for TodaysFinancialNews.com LLC, 2008. |
Permalink |
|
Add to
del.icio.us

Post tags: australia, bhp, billiton, brazilian, china, chinese, grange resources, grr, iron ore, jiangsu shagang, rio, RTP, steel, steelmakers, stephanie grimmett, tinto, vale

Can you profit from paper stocks?

Stephanie Grimmett — Fri, 19 Sep 2008 20:40:16 +0000

"Stock prices for paper companies have been erroding for more than a year. But a recent bump upward could mean the mills might rise again." — Stephanie Grimmett
by Stephanie Grimmett
Baltimore — (TFN): I’m betting this will have tree-huggers (the literal kind, not just any hippy who might be around) screaming for blood: Did you [...]

© Stephanie Grimmett for TodaysFinancialNews.com LLC, 2008. |
Permalink |
|
Add to
del.icio.us

Post tags: china, chinese, coal, consolidation, europe, iron ore, paper, paperless, papermill, stephanie grimmett, stocks, stora enso, svenska cellulosa, tree hugger, us, wall street journal, web 2.0

Vale (RIO) pushes China for higher prices

Stephanie Grimmett — Thu, 04 Sep 2008 18:46:39 +0000

"When yearly contracts were made in February at an 86% increase on last year’s prices, China’s steel producers gulped so hard they nearly swallowed their own teeth. But that wasn’t the end of it. Both Rio Tinto and BHP renegotiated their contracts for even higher prices this summer. And now its big brother’s turn." — [...]

© Stephanie Grimmett for TodaysFinancialNews.com LLC, 2008. |
Permalink |
|
Add to
del.icio.us

Post tags: australia, bhp, billiton, brazil, china, companhia, doce, iron ore, rio, RTP, souther systems fines, steelmakers, tinto, ton, vale

India the harbinger of a sugar shortage?

Stephanie Grimmett — Wed, 27 Aug 2008 20:31:17 +0000

"India’s situation isn’t unique. Worldwide, sugar prices have gained 50% in the last 12 months (33% since the beginning of 2008). But the country may be the canary in the coalmine… or in the sugar refinery, as the case may be." — Stephanie Grimmett
by Stephanie Grimmett
Baltimore — (TFN): India is importing raw sugar [...]

© Stephanie Grimmett for TodaysFinancialNews.com LLC, 2008. |
Permalink |
|
Add to
del.icio.us

Post tags: grupo copersucar, India, refiner, refinery, saccharin, shortage, shree renuka, sugar

Avoid Lonmin (LMI:London) After Xstrata (XTA:London) Refusal

Stephanie Grimmett — Thu, 07 Aug 2008 20:28:55 +0000

"This isn’t good news for the platinum miner, which says it’s being grossly undervalued and Xstrata is just taking advantage of the recent slide in commodities prices to lowball Lonmin." — Stephanie Grimmett
by Stephanie Grimmett
Baltimore — (TFN): Xstrata (XTA:London) is loooking to buy, and it’s not too particular about how.
The British-Swiss [...]

© Stephanie Grimmett for TodaysFinancialNews.com LLC, 2008. |
Permalink |
|
Add to
del.icio.us

Post tags: Commodities, lmi, lonimn, mining, platinum, south africa, Xstrata, xta