Beacon Equity Research announces the release of Stock Alerts covering Tuesday’s headliners: Royal Dutch Shell plc (NYSE: RDS-B), Rio Tinto plc (NYSE: RTP), EMCORE Corp. (Nasdaq: EMKR), Amgen Inc. (Nasdaq: AMGN), United Therapeutics Corp. (Nasdaq: UTHR) and Goodyear Tire & Rubber Co. (NYSE: GT).
The stock alert features the most recent headlines, share price and technical analysis for each covered company. The full alert, as well as other articles, market research and more can be found at BeaconEquity.com
In the Stock Alert, the author highlights Linda Cook to resign as executive director of Royal Dutch Shell:
“Royal Dutch Shell plc (NYSE: RDS-B) shares rose 2.67% at noon today, trading at $53.37. Royal Dutch Shell plc (Shell) is a holding company, which owns, directly or indirectly, investments in the numerous companies constituting the group. Shell is engaged globally in the principal activities of oil and natural gas industry. … The board of Shell announced Linda Cook will resign as executive director of the company on June 1, 2009. Cook has served the company for 29 years of which the last five years as executive director of Gas & Power, Shell Trading, Global Solutions and Technology. … The word of resignation came in after Cook missed the CEO post. The company picked Peter Voser to replace outgoing CEO Jeroen van der Veer.”
The Stock Alert author also featured Rio Tinto’s agreement to cut iron-ore prices in a deal with Nippon Steel:
“Rio Tinto plc (NYSE: RTP) shares climbed 1.51% to $176.47 midday today. Rio Tinto plc engages in mining and processing mineral resources. The London-headquartered mining giant recently agreed to cut iron-ore prices by a third in a deal with Japan's Nippon Steel. Mining stocks were lifted Tuesday morning following the news. According to report, industry observers had been looking for an even sharper reduction in prices. … Rio reportedly agreed to sell lesser-quality fine ores at 97 cents for each dry metric ton unit, 33% lower than the $1.45 agreed last year. Prices for higher quality ores, according to the contract, were cut by nearly 45% to $1.12 a ton. … One report noted that the recent deal could save the benchmark system of annual price negotiations, but opens the door to a battle with China.”
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