TodaysFinancialNews.com LLC » Stephanie Grimmett

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." — [...]

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

Tata Motors (TTM) makes its move — out of Singur

Stephanie Grimmett — Thu, 04 Sep 2008 17:05:23 +0000

"West Bengal, as a state, is a democracy the same way Sicily is. And unfortunately for us, one political party has decided the construction of Tata’s new car factory in Singur (a city of 20,000 people about 30 miles northwest of Kolkata) is the perfect opportunity to clean up the state’s corruption." — Stephanie [...]

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Post tags: bannerjee, congress party, imminent domain, India, kolkata, mamata, motors, nano, protest, sicily, singur, tata, trinamool, ttm, west bengal

Buy Smurfit-Stone (SSCC) when it falls below $6

Stephanie Grimmett — Wed, 03 Sep 2008 18:23:08 +0000

"We’ve found an American company (you know, the kind with a union to prevent pesky things like slave labor) that could triple its profits in the next year." — Stephanie Grimmett by Stephanie Grimmett Baltimore — (TFN): I’m trying to forget Laura Cadden’s last foray into the paper market. Her Nine Dragons Paper Holdings [...]

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Post tags: container, containerboard, earnings, human rights, international paper, ip, nine dragons, recycling, share price, slave labor, smurfit, sscc, stone, union

FuelCell (FCEL) down 13% as alternative energy fad fades

Stephanie Grimmett — Thu, 28 Aug 2008 17:31:27 +0000

"In the last year, alternative energy has been a popular investment sector to say the least. And while solar and wind energy companies have already proved they can turn a profit with their products, even if they must rely on the tax incentives of kind-eyed governments to do it, fuel cell manufacturers haven’t seen such [...]

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Post tags: alternative energy, bubble, fcel, fuel cell, fuelcell, solar, stephanie grimmett, wind

Good Life China (GLCC) posts 26% gains in one hour

Stephanie Grimmett — Thu, 28 Aug 2008 16:45:10 +0000

"The company says its been framed. On the back of only good news (rising profits, new acquisitions, franchise expansion), its shares lost almost all of their value, which Good Life believes is because of a concerted effort to defame the stock online in discussion boards and other venues and then collect on shorted shares." [...]

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Post tags: Beijing, china, east india, glcc, good life, hebei, hudson bay, insurance industry, lien, otc, payday loans, pink sheets, selling short

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 [...]

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

Leaked info says no gas imports to China next month

Stephanie Grimmett — Tue, 26 Aug 2008 21:49:40 +0000

"China stockpiled too much gas and diesel before the Olympics. And now it doesn’t need to buy any for the next month or maybe more. Yep, kids, demand just crashed through the floor." — Stephanie Grimmett by Stephanie Grimmett Baltimore — (TFN): And just when you thought the reawakening of the Russian bear (think grizzly, [...]

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Post tags: china, chinaoil, crude oil prices, diesel, gas, gasoline, olympics, russian bear, stephanie grimmett, unipec

Buy Paladin Resources (PDN) to bet on Western Australia’s uranium mines

Stephanie Grimmett — Fri, 22 Aug 2008 19:37:44 +0000

"The current party in office (the Labor Party) saw the words ‘radioactive metal’ and flinched itself into a ban on all uranium mining, to the detriment of the state economy. Nearly 40% of the world’s known uranium reserves are in Australia, but very little of that is accessible to miners because of the [...]

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Post tags: cameco, ccj, labor party, liberal, miner, mining, nuclear power, paladin resources, palaf, uranium, western australia

Saudi Arabia’s Tadawul opens to foreign investors

Stephanie Grimmett — Thu, 21 Aug 2008 21:20:07 +0000

"The new rule is designed to bring foreign money into the country’s economy… because Saudi Arabia doesn’t get enough of that with all of the oil it deigns to sell the rest of the world." — Stephanie Grimmett by Stephanie Grimmett Baltimore — (TFN): Saudi Arabia is going to allow foreign investors onto its stock [...]

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Post tags: bourse, capital markets authority, foreign investors, oil, saudi arabia, sec, tadawul

Comcast (CMCSA) becomes the bandwidth Nazi

Stephanie Grimmett — Wed, 20 Aug 2008 20:41:27 +0000

"Will I get to work one day and discover I can’t download one of our own TFN videos because Comcast has decided to be the bandwidth Nazi?" — Stephanie Grimmett by Stephanie Grimmett Baltimore — (TFN): I wouldn’t be too excited about Comcast Corp. (CMCSA:NASDAQ) in coming months. The company is about to slow [...]

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Post tags: bandwidth, cmcsa, Comcast, download, fcc, file sharing, stephanie grimmett, tfn