Thursday, June 07, 2007

Chinese Investing In Metals

Midnight Trader
7:01 a.m. 06/07/2007

Boston, Jun 07, 2007 (MidnightTrader via COMTEX) -- BHP Billiton (BHP) reportedly could get a bid.

BHP could get a bid from the recently-formed Chinese State Investment Company, according to a report in the Herald Sun newspaper, quoting the chief of research at Australian stockbroker Bell Potter.

The Bell Potter analyst reportedly said the Chinese fund's recent investment in U.S. private equity firm Blackstone could be a precursor to other deals. One of these deals could be an acquisition of BHP to relieve Chinese concern over the availability over commodity supplies, the report said.

Tuesday, June 05, 2007

Airbus Expects Titanium Demand Will Double In 3 Years

Airbus's director of procurement says... he expects their use of titanium to double in the next three years.

Xstrata Is Ready to Spend Billions on Acquisitions

Click For Metals News

Titanium Prices Rise

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Also - the word from analysts is that Titanium is the metal for the 21st Century, replacing Aluminum that was adopted in the 20th Century. Aluminum companies World-Wide are surely eyeing TIE and ATI stocks!

Also - Airbus to buy $1 Billion in Titanium

Analysts Upgrade Apple

Apple Inc.'s price target was raised to $140 a share from $120 by Credit Suisse analyst Robert Semple on Tuesday. In a research note, Semple said he believes the iPhone "will elicit a superior perceived value" compared to other mobile phones due to factors such as its technical superiority and the idea of consumers to own a "hot product". Semple estimates that Apple will sell 5 million iPhones in 2007 and 15 million of the devices in 2008. Apple plans to release the iPhone on June 29.