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Beware BRIC Bonds
Beware BRIC Bonds                   

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Briefing.com - LIVE market analysis Market Summary  | Stocks On The Move
6/19/2013 10:00 AM ET
[BRIEFING.COM][BRIEFING.COM] The major averages continue to hover near their lows with the S&P 500 off by 0.2%. Yesterday's top performer, the industrial sector, is among the early laggards today as defense companies lag. General Electric (GE...

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  • 10:06 AM   Century Aluminum ([[CENX]] -2.5%) is downgraded to Underperform from Neutral with a $9 price target at BAML, which says its newly lowered estimated 2013 LME price of $0.87/lb. vs. $0.93 offsets an eventual benefit from CENX's recently negotiated lower power costs. The firm also notes sentiment toward added aluminum capacity globally has soured.
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