Wall St Sense Initiates Independent Research Coverage on Equities Within Basic Materials and Financial Sectors
December 29 2009 - 6:24AM
Marketwired
Weekly initial jobless claims dropped by a larger than expected
amount to 450000 from 480000 in the prior week. This beat the
consensus estimate of 470000 and was the lowest level since fall
2008. As new market updates continue to fuel the current trading
trend, Wall Street Sense analysts have issued valuable analysis on
the following companies: Massey Energy Co. (NYSE: MEE), Baker
Hughes Inc. (NYSE: BHI), Ivanhoe Mines Ltd. (NYSE: IVN),
Patterson-UTI Energy Inc. (NASDAQ: PTEN), ACE Limited (NYSE: ACE)
and Itau Unibanco Holding SA (NYSE: ITUB). All reports are
available on Wall Street Sense, all you need to do is sign up now
and continue reading.
http://www.wallstsense.com/index.php?id=78
A quick snapshot of today's reports follows, for the full report
sign up today at Wall Street Sense:
-- We like MEE's dominant reserve position in Central Appalachia.
However, the region is in a cyclical as well as secular decline.
-- BHI is focusing on building market share in large services markets
such as Russia and the Middle East, as well as the highly profitable deep-
water market. However, we think intense competition in...
-- Over the three months IVN is on an uptrend with frequent high tops
and bottoms, with encouraging volumes.
-- As the downturn has progressed, they have even laid down many rigs
subject to term contracts with substantial costs for termination. However,
PTEN...
-- This business model is still present today, as ACE assumes some of
the biggest risks for large corporate customers. Over time, it has built a
truly global...
-- Although we think ITUB still has plenty of loan losses to digest, we
believe it is adequately capitalized.
Unlike many companies that target only specific sectors for
clients, Wall Street Sense is committed to teaching everyday people
how to navigate a broader market and reap the rewards of
participating in various sectors, no matter what their level of
experience. We invite you to join our financial portal so that you
can benefit from the above mentioned coverage, together with many
others by signing up at www.wallstsense.com
Wallstsense.com is not a registered broker dealer or a
registered investment advisor. However, we do use information from
licensed analysts. No information accessed through the
www.wallstsense.com or this release constitutes a recommendation to
buy, sell or hold any security in any jurisdiction.
NYSE:MEE NYSE:BHI NYSE:IVN NASDAQ:PTEN NYSE:ACE NYSE:ITUB
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