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Friday, November 20, 2009
Ridgewater Equity Issues Technical & Financial Analysis on Alcatel-Lucent, Harmony Gold Mining Co. Ltd., Interpublic Group of Companies Inc., Coeur d'Alene Mines Corporation, Mobile Telesystems OJSC and Weingarten Realty Investors
Comtex
LONDON, Nov 20, 2009 (MARKETWIRE via COMTEX) ----US stocks fell on Wednesday on worrisome outlooks from major software makers and as a surprise drop in new home construction last month prompted concern about the strength of an economic recovery. Ridgewater Equity has recently begun technical & fundamental analysis of the following equities & their respective sectors:
1. Alcatel-Lucent (NYSE: ALU) Sector: Technology Although this stock has experienced a considerable drop in the value from $4.95 levels to $1.09 in last one year, but.... 2. Harmony Gold Mining Co. Ltd. (NYSE: HMY) Sector: Basic Materials Harmony Gold Mining Co., gold production for the first quarter exceeded its own forecast, rising 6 percent from the preceding quarter, helping to mitigate the impact of a stronger rand. 3. Interpublic Group of Companies Inc. (NYSE: IPG) Sector: Services Although this stock has experienced a considerable drop in the value from $7.77 level to $2.57in last one year, but... 4. Coeur d'Alene Mines Corp. (NYSE: CDE) Sector: Basic Materials Although this stock has experienced a considerable drop in the value from $174 levels to $10.02 in last one year, but... 5. Mobile Telesystems OJSC (NYSE: MBT) Sector: Technology Company reported strong growth on the back of seasonal and organic growth. Despite... 6. Weingarten Realty Investors (NYSE: WRI) Sector: Financial Company's quarterly results are tempered by the non cash impairment charges but its third quarter operating results were very successful, especially when we take into account the....
Make sure you visit us at Ridgewater Equity, to take full advantage of the above research reports and be part of a growing community of savvy investors.
About Ridgewater Equity:
Ridgewater Equity inspires to bring the best from the internet under one roof, providing you with a one click option to view what the market researchers and financial pundits worldwide have to say about any particular large cap stock in any given financial environment. We have a large pool of in-house financial professionals, a wide array of research platforms and a dedicated team that combined would bring enhanced knowledge and first-hand information that would help you manage your understanding of the market. Visit us at www.ridgewaterequity.com
RidgewaterEquity.com has not received any compensation by any of the above mentioned companies.
SOURCE: Ridgewater Equity
Copyright 2009 Marketwire, Inc., All rights reserved. ********************************************************************** As of Monday, 11-16-2009 23:59, the latest Comtex SmarTrend� Alert, an automated pattern recognition system, indicated a DOWNTREND on 10-30-2009 for HMY @ $9.90. As of Monday, 11-16-2009 23:59, the latest Comtex SmarTrend Alert, an automated pattern recognition system, indicated an UPTREND on 11-10-2009 for IPG @ $6.72. As of Monday, 11-16-2009 23:59, the latest Comtex SmarTrend Alert, an automated pattern recognition system, indicated a DOWNTREND on 10-28-2009 for WRI @ $18.81. For more information on SmarTrend, contact your market data provider or go to www.mysmartrend.com SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright � 2004-2009 Comtex News Network, Inc. All rights reserved.
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