Gold Sinks Below $1400/oz (GLD) (IAU) (SLV)
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- S&P 500 ends marginally lower as investors focus on US-Iran war
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- Oil gains on little sign of progress in US-Iran talks
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- JPMorgan upgrades CoreWeave on stronger compute pricing
- Plug Power COO resigns to join another company
- Bloom Energy falls as Oracle invokes force majeure on AI project
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UPDATE: Macquarie Downgrades Barrick Gold (ABX) to Underperform
May 16, 2013 8:39 AM EDT(Updated - May 16, 2013 8:51 AM EDT)
Macquarie downgraded Barrick Gold (NYSE: ABX) from Neutral to Underperform with a price target of C$18.00 (from C$21.50). Analyst Tony Lesiak views Barrick Gold as a mature company with few opportunities to grow and high debt. Lesiak called... More
Rosenstein's JANA Partners Shows New Stakes in Boeing (BA), Groupon (GRPN), Zynga (ZNGA) (more...)
May 15, 2013 9:53 AM EDTBarry Rosenstein's JANA Partners released its 13F for the quarter ended March 31, 20113. Below is a summary
New Stakes
American Axle & Manufacturing Holdings, Inc. (NYSE: AXL) new 3,160,666 share position
Ashland, Inc. (NYSE: ASH) new 3,647,566 share position *
Ashland, Inc. (NYSE: ASH) (CALL) new 221,000 share position
BMC Software, Inc. (NASDAQ: BMC) new 3,556,313 share position
Boeing Co. (NYSE: BA) new 1,551,734 share position
Ctrip.com International, Ltd. (NASDAQ: CTRP)... More

