| StreetInsider.com - Insiders' Edge |  | | Analyst Says Mining Cos Dividends Are Not Safe | ![]() | In a report out this morning, Deutsche Bank said investors are taking false comfort in the dividends of mining stocks and said most metals companies have now gone into "survival" mode and slashing dividends will be the most readily available source of cash.
Deutsche Bank said Alcoa (NYSE: AA) and Freeport-McMoRan (NYSE: FCX ) are the most likely to cut dividends within the next 2 months. Well, Freeport-McMoRan did in fact suspend their dividend today, leaving Alcoa as the next likely. CONTINUE>>>> More Insider Blog: http://www.streetinsider.com/Insiders+Blog FREE RSS Feed: http://www.streetinsider.com/freefeed.php?cid=6 | | | 
| Insider Trade of the Day - Hormel Foods (HRL) Hormel Foods Corp. (NYSE: HRL ) sees insider buying. Chairman/CEO Jeffrey M. Ettinger bought 10,000 shares on 12/2, Director Ronald Pearson bought 2,500 shares, VP Phillip Minerich bought 1,855 shares on 12/01. More Insider Trades : http://www.streetinsider.com/Insider+Trades FREE RSS Feed: http://www.streetinsider.com/freefeed.php?cid=25 | | 
| | Upgrade To Watch - Lockheed Martin (LMT) Cowen & Co upgrades Lockheed Martin (NYSE: LMT) from Neutral to Outperform.
Cowen analyst says, "We're upgrading LMT to Outperform from Neutral for (1) a 'safe haven' of 6%+ 2009-10 EPS gains even with DoD cutbacks & (2) overblown concerns of F-22/ pension risk. Off 5% vs. S&P 500 in Q4, LMT offers a 5.3x TEV/EBITDAP & a 12% cash flow yield. UAE PAC-3 order expected by y/e is a potential trigger." ... MORE More Upgrades: http://www.streetinsider.com/Upgrades FREE Upgrade RSS: http://www.streetinsider.com/freefeed.php?cid=9 |  | | 
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