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Freeport-McMoRan: Sell The Rally

2016-03-09 10:27:41| Oil & Gas - Topix.net

Short-covering rallies are usually as swift and brutal. Even though nobody can ever say for sure why people are buying or selling a specific stock or asset class, and most big rallies occur for multiple reasons, short-selling rallies have several common traits.

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Berkshire to sell bonds to repay $10 billion loan

2016-03-09 10:08:00| Industrial Machines - Topix.net

Warren Buffett's Berkshire Hathaway Inc. will sell debt, in what may be the conglomerate's biggest bond sale, in part to repay a $10 billion loan used to finance its purchase of Precision Castparts Corp. Berkshire may sell the debt in up to eight parts as soon as today, according to a person with knowledge of the matter. Buffett had said earlier that Berkshire used about $23 billion of its cash for the deal and will borrow the rest.

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Greenbrier Companies Inc (GBX) Lowered to Sell at Zacks Investment Research

2016-03-09 08:30:30| Railroads - Topix.net

According to Zacks, "Greenbrier Companies Inc. is a leading supplier of transportation equipment and services to the railroad and related industries. The manufacturing segment produces double-stack intermodal railcars, conventional railcars and marine vessels, and performs repair and refurbishment activities for both intermodal and conventional railcars.

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Vetr Inc. Upgrades Skechers USA Inc (SKX) to "Sell"

2016-03-09 06:56:56| Footwear - Topix.net

The firm currently has a $28.16 price objective on the stock. Vetr 's price target would suggest a potential downside of 10.46% from the company's current price.

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Imperial Oil to sell 497 retail gas stations for $2.8bn

2016-03-09 01:00:00| Hydrocarbons Technology

Imperial Oil has signed agreements to sell 497 Esso brand retail gas stations to five Canadian fuel distributors in a transaction valued at $2.8bn.

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