Given the positive response from our Pandora (
P
) webinar earlier this week, we have scheduled two more webinars
next week for Apple (
AAPL
) and LinkedIn (NYSE:LNKD). In today's insights, Rio Tinto
(NYSE:RIO) recently lowered its iron ore prices to Chinese
customers, which could set a precedent for competitors like BHP and
Vale to follow. We have a guest contributor share his thoughts on
why
RIM's
(NASDAQ:RIMM) shares are in danger of dropping further. We assess
Sirius XM's
(NASDAQ:SIRI) dependence on the auto industry, and we launch
coverage on Boeing (
BA
).
Apple's stock has traded mostly in the range of $330 to $350
since the beginning of the year. Trefis will host a
webinar on Apple at 3pm EST on Tuesday, June 28
to highlight the factors influencing Apple's stock as well as look
at scenarios where there could be upside for the company. In this
call, we will go over Apple's key drivers, trends and what
catalysts could give the shares a spark.
Apple - Tuesday June 28, 3pm EST
-
Agenda & Participation Details
LinkedIn - Thursday June 30, 3pm EST - Agenda &
Participation Details
Rio's Chinese Contracts Reflect Lower Iron Ore Spot
Prices
Rio Tinto (NYSE:RIO) cut existing iron prices for the Chinese
steel mills by 2-3% for Q3. We estimate that during 2011, the
average realized iron ore price for Rio Tinto will be around the
$100 per tonne. We will watch if Vale and BHP will also lower
prices, which is in line with miners recent efforts to price
contracts on shorter term metrics more closely tied to spot
prices.
See article
Sirius XM Stock Outlook is Hitched to Auto
Industry
Sirius XM's (NASDAQ:SIRI) automotive subscribers have risen
consistently over the past few years led by an increase in light
vehicle sales in the U.S. penetration. We believe Sirius XM's
automotive subscribers will continue to grow aided by the long-term
deals signed with big auto-makers like General Motors (
GM
), Ford (
F
), and Hyundai. A sustained global economic recovery and government
tax incentives will further boost car sales thereby benefiting
Sirius XM.
See article
5 Reasons Why RIM Is Crumbling
Guest Contributor:
Rim's (NASDAQ:RIMM) stock is taking a beating but not because of
earnings. RIM continues to face competitive pressures from Apple's
(
AAPL
) iOS, Google's (NASDAQ:GOOG) Android and now Microsoft's
(NASDAQ:MSFT) Windows Phone 7 operating system platform.
Fundamentally the market is moving away from what made it a
success. See the 5 reasons the stock is toast in this
slideshow.
See article
Boeing Coverage Launch: $87 Trefis Price
Estimate
Boeing (
BA
) is one the world's major aerospace companies. The company
develops, produces and markets commercial jet aircraft (such as the
Boeing 747 and 767), military aircraft (such as the CH-47 Chinook
Helicopter and the F/A-18 Hornet) and other defense, space and
security based products such as missile systems, satellite systems,
intelligence and surveillance systems. Boeing also provides
financing support such as loans and leases for its commercial &
military aircraft customers. See our breakdown below.
See article