Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile
Articles by Annie Gilroy
Carl Icahn Is Going All Out against Occidental-Anadarko Deal
Carl Icahn’s lawsuit against Occidental Petroleum As we highlighted in Could Occidental’s Offer for Anadarko Pit Buffett against Icahn, billionaire investor Carl Icahn built a small stake in Occidental Petroleum (OXY) amid OXY’s bidding war for Anadarko Petroleum (APC). As Reuters reported, last week, Icahn sued Occidental Petroleum to gain access to corporate records related to the hugely overpriced Anadarko deal.
Why CLF’s CEO Sees a Big Upswing in US Steel Prices Soon
5 Jun CLF’s CEO sees an upswing in US steel prices Cleveland-Cliffs’ (CLF) CEO, Lourenco Goncalves, believes that US steel prices should see a big upswing in the next few months. He told S&P Global Platts that the second half of 2019 will be “fantastic” for US steel pricing. Goncalves believes that the prices of hot-rolled coil (or HRC) in the US are affected by the buying behavior of service centers and mini-mills. His optimism is based on the fact that service centers have no inventory.
Does Gundlach’s Prediction on Treasuries Mean Upside for Equity?
Jeffrey Gundlach on US Treasury yields The so-called “Bond King,” Jeffrey Gundlach, who is also the CEO of DoubleLine Capital, wrote on Twitter yesterday that the recent volatility in Treasury prices mainly has to do with crowd mentality. He wrote, “Long maturity US Treasury price action today was consistent with a blowoff momentum top. I suspect buyer’s remorse will set in fairly soon.” Treasury prices and yields move inversely to each other.
Which Gold Miners Could Offer Valuation Upsides after Q1?
Which Gold Miners Could Offer Valuation Upsides after Q1? More Gold Miners: Wall Street Optimistic after Q1 Earnings(Continued from Prior Part)Gold miners and broader equitiesGold miners (GDX) are looking cheap compared to broader markets. Currently, the ratio of the NYSE Arca Gold Miners Index to the S&P
China Could Use Rare Earth Exports as Ammo against US Tech
China Could Use Rare Earth Exports as Ammo against US Tech More China Could Use Rare Earth Exports as Ammo against US TechUS-China trade war rages onAs the US-China trade war rages on, the two sides are looking for ammo. After announcing it would increase tariffs on $60 billion worth of US goods, China is
Rare Earth Stocks Pop: Could US Tech Companies Pay the Price?
Rare Earth Stocks Pop: Could US Tech Companies Pay the Price? More China Could Use Rare Earth Exports as Ammo against US Tech(Continued from Prior Part)China’s veiled threat and the US companies reelChina (FXI) has offered a veiled threat at most regarding retaliating against US tariffs through restricting rare
Here’s What Could Drive Kinross’s Production Growth Going Forward
Here’s What Could Drive Kinross’s Production Growth Going Forward More What Could Help Kinross Gold Outperform Peers in 2019?(Continued from Prior Part)Production growthKinross Gold (KGC) produced 606,031 gold equivalent ounces in the first quarter, a decline of 7.0% YoY. Three of its largest operations produced over
China Could Use Rare Earth Exports as Ammo against US Tech
US-China trade war rages on As the US-China trade war rages on, the two sides are looking for ammo. After announcing it would increase tariffs on $60 billion worth of US goods, China is exhausted as far as imports are concerned. However, it is now looking at rare earth exports to strike back at the US.
Wells Fargo Says Investors Should Look for Alternatives to Gold
Wells Fargo doesn’t like gold Wells Fargo’s (WFC) head of real asset strategy, John LaForge, told Kitco News that gold (GLD) no longer looks attractive based on the way the metal has been behaving in response to recent economic events. He said, “Stocks, in the last few weeks have hit, and you see the days when stocks really get hit, and what does gold do? Gold is up $3, it’s up $5, it’s up $7.
Why Iron Ore Prices Are Bucking the Downtrend in Metals Prices
28 May Iron ore prices As we discussed in Why Iron Ore Prices Could Have more Upside after Breaching $100, iron ore supply tightness and continued strong demand from China have driven iron ore prices above $100 for the first time in the last five years. Many analysts believe that the current strength in iron ore prices is here to stay.
Why Dan Loeb’s Third Point Has Built a Stake in Centene
28 May Daniel Loeb bought a stake in Centene On May 24, citing people familiar with the matter, the Wall Street Journal reported that Daniel Loeb’s Third Point had built a stake in health insurer Centene (CNC). While the exact size of the stake isn’t clear, the Journal reports that Third Point owns at least $300 million in Centene shares. Along with derivatives, Third Point could have significantly more exposure to the stock’s price movements.
A Look at These Gold Miners’ Financial Health after Q1 Results
A Look at These Gold Miners’ Financial Health after Q1 Results More A Look at These Gold Miners' Financial Health after Q1 Results(Continued from Prior Part)Strengthening balance sheetsInvestors are usually not concerned about gold miners’ (GDX) (GDXJ) financial health when precious metal prices are high. However,
Why Gundlach Thinks US Lacks Tools to Handle Next Recession
Why Gundlach Thinks US Lacks Tools to Handle Next Recession More Here's Jeffrey Gundlach's Take on What to Expect from Markets(Continued from Prior Part)Odds of recessionJeffrey Gundlach believes that the likelihood of a recession in the next two years is extremely high. He believes while there is a 50% chance of
Could Barrick Gold Be Your Long-Term Gold Bet after Q1?
15 May Barrick Gold’s first-quarter results Barrick Gold (GOLD) released its first-quarter earnings results on May 8. Its EPS of $0.11 beat analysts’ estimate by $0.02, whereas its top line of $2.09 billion missed analysts’ average estimate by ~$60 million. Sign up for Bagels & Stox, our witty take on the top market and investment news, straight to your inbox! Whether you’re a serious investor or just want to be informed, Bagels & Stox will be your favorite email.
Trump Suggests Rate Cut to Win Trade War
Blows after blows in the trade war On May 10, the United States increased tariffs on $200 billion worth of Chinese imports from 10% to 25%. The US administration is also considering a 25% tariff on another $300 billion worth of Chinese imports, which would cover almost all the imports from China to the United States. Yesterday, China retaliated with higher tariffs on $60 billion worth of US imports beginning June 1. Markets went absolutely crazy after that happened.
China Retaliates with Higher Tariffs on $60 Billion US Imports
China Retaliates with Higher Tariffs on $60 Billion US Imports More China Strikes Back at US Tariffs: Markets BleedThe US ramps up tariffsMost of the markets’ fears came true when the United States increased tariffs on $200 billion worth of Chinese imports from 10% to 25% on May 10. The US administration is also
Goldman Sachs: High Chance of Tariffs Coming into Effect
High chance of tariffs going into effect As reported by Bloomberg, Goldman Sachs (GS) analyst Alec Philips thinks that there’s a 60% chance that higher tariffs will go into effect. The trade deal talks took a turn for the worse. Over the weekend, President Trump announced that $200 billion worth of goods from China would be subject to a 25% tariff on May 10. Currently, the goods attract a 10% tariff. President Trump also threatened to impose a 25% tariff on the remaining imports from China.
Goldman Sachs: High Chance of Tariffs Coming into Effect
Goldman Sachs: High Chance of Tariffs Coming into Effect More Goldman Sach: Winners and Losers in the Trade WarHigh chance of tariffs going into effectAs reported by Bloomberg, Goldman Sachs (GS) analyst Alec Philips thinks that there’s a 60% chance that higher tariffs will go into effect. The trade deal
David Einhorn Weighed In on Tesla Again at Sohn Conference
David Einhorn Weighed In on Tesla Again at Sohn Conference More Sohn Conference 2019: Here Are David Einhorn's Stock Picks(Continued from Prior Part)David Einhorn is a Tesla bearGreenlight Capital’s (GLRE) founder, David Einhorn is known for being short on Tesla (TSLA). In his recent investor letter, he again
Why Is Jamie Dimon Supporting Trump on Tariff Threats?
Jamie Dimon on Trump’s tariff threats During his latest interview with CCN, Jamie Dimon, chair and CEO of JPMorgan Chase (JPM), said that regardless of the market’s reaction to President Donald Trump’s aggressive stance on tariffs, the threats might actually be working, as he’s succeeded in bringing China (FXI) to the negotiating table. Ready to put your morning scrolling to use?
What to Look Forward to in Barrick Gold’s Q1 Results
Barrick Gold’s first-quarter preview Barrick Gold (GOLD) is scheduled to announce its first-quarter earnings results on May 8 and hold its conference call on the same day. Analysts are expecting the company to report EPS of $0.09 in the quarter, a fall of 37% YoY (year-over-year). During its earnings release for the fourth-quarter of 2018, Barrick reported adjusted EPS of $0.06, which beat the consensus estimate of $0.05.
Why IAMGOLD Stock Has Plunged Over 12% Today
7 May IAMGOLD’s weaker-than-expected Q1 2019 results IAMGOLD (IAG) released its Q1 2019 results yesterday after markets closed. The company reported EPS of $0.0, which implied a miss, as analysts were expecting EPS of $0.01. Its top line of $251 million also missed analysts’ estimate of $278 million. The revenue also fell 20% YoY. IAG’s adjusted loss during the quarter was $2.2 million, mainly due to a decline in output.
Could Occidental’s Offer for Anadarko Pit Buffett against Icahn?
Could Occidental’s Offer for Anadarko Pit Buffett against Icahn? More Could Occidental’s Offer for Anadarko Pit Buffett against Icahn?(Continued from Prior Part)Occidental shareholders are concernedOccidental Petroleum (OXY) has now made a more attractive offer for Anadarko Petroleum (APC). As compared to its
Some of Modern Monetary Theory's Key Detractors
3 May Central banks and MMT Modern monetary theory (or MMT) stipulates that as long as central banks can keep inflation in check, full employment can be achieved through government spending and even deficits. It also states that a government that issues its own currency cannot go broke because it can keep on printing currency to cover its obligations. There are many proponents of the theory. One of its biggest supporters is Democratic presidential candidate Bernie Sanders.
What’s Contributing to Einhorn’s Positive Performance in 2019?
What’s Contributing to Einhorn’s Positive Performance in 2019? More David Einhorn Makes a Comeback in 2019(Continued from Prior Part)Hedge funds’ comeback As reported by Bloomberg, “the HFRX Global Hedge Fund Index, an early indicator of the industry performance, gained 3.3 percent this year through April 29.”
Gold: Analysts Are Bullish despite Weak Performance in 2019
Gold’s price performance Gold prices have fallen 3% YTD (year-to-date) as of April 26. Gold prices fell ~1.9% in 2018 and significantly underperformed broader markets. The S&P 500 Index (SPY), the Dow Jones Industrial Average Index (DIA), and the NASDAQ Composite Index (QQQ) have gained 17.4%, 13.8%, and 23.6%, respectively. While markets have gained with the Fed backing down from its hawkish stance early this year and optimism growing about US-China trade, gold prices have been weak.
Which Gold Stocks Could Beat Analysts’ Earnings Expectations in Q1?
Which Gold Stocks Could Beat Analysts’ Earnings Expectations in Q1? More Checking In on Gold Miners Ahead of Their Q1 2019 Results(Continued from Prior Part)Earnings estimates Many gold miners (RING) are set to release their first-quarter results shortly. Analysts expect Barrick Gold’s (GOLD) EBITDA to rise 6.2% YoY
Do Strong Growth and Weak Inflation Make a Case for a Lower Rate?
PCE Index undershooting the Fed target The US Bureau of Economic Analysis released its personal consumption expenditure (or PCE) price index today. The PCE index is the Federal Reserve’s preferred gauge of inflation. The Fed has two main objectives: price stability and maximizing employment. While the employment situation in the United States (IVV)(DIA) is very strong, the Fed has been undershooting its inflation target of 2% for a while.
How Cleveland-Cliffs Is Looking after Its Q1 2019 Results
Cleveland-Cliffs’s Q1 2018 results beat Cleveland-Cliffs (CLF) released its first-quarter results on April 25 before the markets opened. The company held a conference call with analysts that day. It reported EPS and revenue of -$0.08 and $157 million, beating analysts’ estimates of -$0.14 and $120 million, respectively. In Q4 2018, Cleveland-Cliffs missed analysts’ earnings estimate.
Checking In on Gold Miners Ahead of Their Q1 2019 Results
26 Apr Gold prices Gold prices have fallen 3.6% this year after falling ~1.9% in 2018, significantly underperforming broader markets. As of April 24, the S&P 500 (SPY), Dow Jones Industrial Average (DIA), and NASDAQ Composite (QQQ) had gained 16.9%, 14.0%, and 23.0%, respectively. Whereas markets have gained with the Fed backing down from its hawkish stance early this year and optimism growing on US-China trade, gold prices have been weak.
Cleveland-Cliffs Beats Analysts’ Q1 Earnings Estimates
Q1 2019 results Cleveland-Cliffs (CLF) released its first-quarter results today before the markets opened. It reported EPS and revenue of -$0.08 and $157 million, beating analysts’ estimates of -$0.14 and $120 million, respectively. In Q4 2018, Cleveland-Cliffs missed analysts’ earnings. estimate. Ready to put your morning scrolling to use?
What’s in the Cards for Cleveland-Cliffs’ Q1 Results?
Upcoming first-quarter results Cleveland-Cliffs (CLF) is scheduled to release its first-quarter results before the market opens on April 25. The company will have a conference call with analysts and investors on the same day at 9:00 AM EST. Cleveland-Cliff’s fourth-quarter results missed the earnings and revenue expectations.
GS and MS Agree with Bridgewater about Peak Margins
GS and MS Agree with Bridgewater about Peak Margins More Dalio’s Bridgewater Warns about Peak Margins—Should You Care?(Continued from Prior Part)Bridgewater and Goldman Sachs Bridgewater isn’t alone in believing that most US companies (QQQ) are experiencing peak margins. Goldman Sachs (GS) also
What Are Analysts' Ratings on CLF ahead of Its Q1 Results?
23 Apr WRITTEN BY Annie Gilroy FEATURED IN Wall Street Ratings Analysts’ sentiments Cleveland-Cliffs (CLF) is expected to report its first-quarter earnings results on April 25. Currently, 58.3% out of a total of 12 analysts have given CLF “buy” ratings. Another 41.7% have given the stock “holds.” It doesn’t have any “sell” ratings. A year ago, only 30% of analysts had given the stock “buy” ratings. At the end of November 2018, it had “buy” ratings from 63.6% of the analysts covering it.
Dalio’s Bridgewater Warns about Peak Margins-Should You Care?
Dalio’s Bridgewater Warns about Peak Margins—Should You Care? More Dalio’s Bridgewater Warns about Peak Margins—Should You Care?Bridgewater Associates In a published report, the world’s largest hedge fund, Bridgewater Associates, warned about peak US (SPY) (DIA) profit margins. As reported by CNBC,
Bill Ackman Thanks Warren Buffett for His Fund’s Comeback in 2019
Bill Ackman Thanks Warren Buffett for His Fund’s Comeback in 2019 More Bill Ackman Thanks Warren Buffett for His Fund’s Comeback in 2019(Continued from Prior Part)Bill Ackman thanks Warren Buffett Bill Ackman has made a huge comeback in 2019. His fund, Pershing Square, is up 40% year-to-date. He credits this comeback
What Are the Biggest Risks Fund Managers Are Concerned About?
What Are the Biggest Risks Fund Managers Are Concerned About? More BAML Survey: How Are Global Fund Managers Positioned?(Continued from Prior Part)Biggest tail risk In Bank of America Merrill Lynch’s April 2019 survey, the slowdown in China and the trade war tied for the biggest tail risk according to the
Could Apple and Qualcomm’s Settlement Mean Upside for Point72?
Could Apple and Qualcomm’s Settlement Mean Upside for Point72? More Could Apple and Qualcomm’s Settlement Mean Upside for Point72?(Continued from Prior Part)QCOM surges on a deal with AppleQualcomm (QCOM) stock surged 23% on April 16 as Apple (AAPL), which QCOM has had an ongoing legal battle with over license
What Does Gundlach Have to Say about the Fed’s Next Moves?
What Does Gundlach Have to Say about the Fed’s Next Moves? More Why Jeffrey Gundlach Thinks Now's a Good Selling Opportunity(Continued from Prior Part)Jeffrey Gundlach on central banksJeffrey Gundlach presented his views on central banks’ policies and how they impact investments during his interview with The
Why Jeffrey Gundlach Thinks Now’s a Good Selling Opportunity
Why Jeffrey Gundlach Thinks Now’s a Good Selling Opportunity More Why Jeffrey Gundlach Thinks Now's a Good Selling OpportunityJeffrey Gundlach on marketsSo-called bond king Jeffrey Gundlach, who is also the CEO of DoubleLine Capital, discussed his views regarding markets, assets, and the economy in general during
Why David Einhorn Believes Tesla Is on the Brink
Why David Einhorn Believes Tesla Is on the Brink More Ups and Downs for Einhorn’s Greenlight Capital in Q1(Continued from Prior Part)Tesla’s underperformance Tesla (TSLA) stock has underperformed markets this year. While Tesla stock has fallen 19.6%, the S&P 500 (SPY) and NASDAQ Composite (QQQ)
David Einhorn’s Tesla Bashing Continues
David Einhorn’s Tesla Bashing Continues More Ups and Downs for Einhorn’s Greenlight Capital in Q1(Continued from Prior Part)Einhorn is a Tesla bear David Einhorn is known for being short on Tesla (TSLA). Last November, he referred to Tesla’s peak in the last quarter as being “as good as
Ups and Downs for Einhorn’s Greenlight Capital in Q1
Ups and Downs for Einhorn’s Greenlight Capital in Q1 More Ups and Downs for Einhorn’s Greenlight Capital in Q1Greenlight Capital’s performanceWhile last year wasn’t good for hedge funds in general, it turned out to be the worst on record for David Einhorn’s Greenlight Capital (GLRE). Vastly
Ups and Downs for Einhorn’s Greenlight Capital in Q1
15 Apr WRITTEN BY Annie Gilroy FEATURED IN Active Management: Mutual Funds, Closed-End Funds, Hedge Funds Greenlight Capital’s performance While last year wasn’t good for hedge funds in general, it turned out to be the worst on record for David Einhorn’s Greenlight Capital (GLRE). Vastly underperforming broader markets, the fund lost 34%. Ready to put your morning scrolling to use?
Why Is Deutsche Bank Bullish on Gold?
Gold price performance Gold prices (GLD) have risen 0.5% YTD (year-to-date) as of April 12—compared to the gain of 16.1% in the S&P 500 Index (SPY). The Dow Jones Industrial Average Index (DIA) and the NASDAQ Composite Index (QQQ) have gained 13.2% and 20.5%, respectively. Sign up for Bagels & Stox, our witty take on the top market and investment news, straight to your inbox! Whether you’re a serious investor or just want to be informed, Bagels & Stox will be your favorite email.
Is the Party Just Getting Started for Iron Ore Miners?
Iron ore prices touch five-year high Iron ore prices are again touching multiyear highs. According to the metal bulletin, the benchmark iron ore prices (62% iron ore content) surged to ~$95.3 per ton on April 8, which is the highest level since August 2014. Another defining feature of the current rally is the compressing price difference between lower grade and higher grade ore.
Analysts Weigh In on Possibility of Earnings Recession
Analysts Weigh In on Possibility of Earnings Recession More Could a Weak Earnings Season Upend the Stock Market Rally?(Continued from Prior Part)Morgan Stanley Morgan Stanley’s (MS) chief equity strategist, Michael Wilson, is the most bearish on Wall Street regarding projections for the S&P 500’s
Strong Economy and a Rate Cut: Can Trump Have It Both Ways?
Strong Economy and a Rate Cut: Can Trump Have It Both Ways? More Strong Economy and a Rate Cut: Can Trump Have It Both Ways?(Continued from Prior Part)Trump believes the economy is doing “unbelievably well” Today, President Donald Trump told reporters, “Our country’s doing unbelievably well
J.P. Morgan: Have the Markets Hit a Ceiling?
J.P. Morgan: Have the Markets Hit a Ceiling? More Bulls versus Bears: Analysts Are Split on the Earnings Outlook(Continued from Prior Part)J.P. Morgan’s S&P 500 target J.P. Morgan (JPM) has the same target as Goldman Sachs for the S&P 500 (SPY) for the end of 2019 at 3,000. J.P. Morgan’s
Citigroup’s Outlook on the Market amid Slowdown Concerns
Citigroup’s Outlook on the Market amid Slowdown Concerns More Bulls versus Bears: Analysts Are Split on the Earnings Outlook(Continued from Prior Part)Citigroup’s S&P 500 targetAfter the dramatic drop in market indices in December 2018, Citigroup’s (C) Tobias Levkovich cut his forecast for the S&P
Show More
loading
Actions
Is this you?
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.Get in touch with Annie
Contact Annie, search articles and posts on X, monitor coverage, and track replies from one place.
Learn more about Muck Rack