All Posts Tagged With: "MT"
(XLF) Stock Market News for February 7, 2012 – Market News
After the European leaders urged Greece to adhere to new austerity measures in order to receive the next installment of its bailout package, debt woes returned to the forefront and US markets dropped a few points. Even though markets receded from t multi-year highs, benchmarks...
7Feb2012 | vitalstocks | 0 comments | Continued(GM) Steel Industry Stock Outlook – November 2011 – Industry Outlook
Overview The World Steel industry is rather concentrated in structure, with a few producers accounting for the lion’s share of sales. Steel products are classified into four broad categories: flat steel products, long steel products, scrap and semi-finished products. Flat products...
29Nov2011 | vitalstocks | 0 comments | Continued(GM) Metals and Mining Stock Outlook – November 2011 – Industry Outlook
Overview The Metals & Mining industry encompasses the extraction (mining) as well as the primary and secondary processing of metals and minerals such as aluminum, gold, precious metals, coal and steel. The industry is oligarchic in structure, with a few producers accounting...
11Nov2011 | vitalstocks | 0 comments | Continued(ADSK) Company News for August 31, 2011 – Corporate Summary
• DSW Inc. (NYSE:DSW) posted Q2 EPS of $0.74, surpassing the Zacks Consensus Estimate of $0.61 per share. Revenues for the quarter rose 14.7% to $476.3 million • Barnes and Noble (NYSE:BKS) reported a Q1 loss of $0.94 which came in better than the Zacks Consensus...
31Aug2011 | vitalstocks | 0 comments | Continued(BA) Company News for July 28, 2011 – Corporate Summary
• Boeing (NYSE:BA) reported Q2 EPS of $1.25, beating the Zacks Consensus Estimate of $0.97 per share. Revenues for the quarter rose 6.2% year-over-year to $ 16.5 billion • Thermo Fisher (NYSE:TMO) reported Q2 EPS of $0.99, ahead of the Zacks Consensus Estimate...
28Jul2011 | vitalstocks | 0 comments | Continued(MTL) Mechel OAO 2011 First Quarter Earnings Soar
Russian mining company Mechel OAO (MTL) recorded a net income of $309.1 million in first quarter 2011 comprehensively beating last year’s consolidated net income of $82.6 million, a jump of 274.3% year over year. Revenues in the first quarter 2011 soared 54.4% year over year...
1Jul2011 | vitalstocks | 0 comments | Continued(GM) Metals & Mining Stock Outlook – July 2011 – Industry Outlook
Overview The Metals & Mining industry encompasses the extraction (mining) as well as the primary and secondary processing of metals and minerals such as aluminum, gold, precious metals, coal and steel. The industry is oligarchic in structure, with a few producers accounting...
1Jul2011 | vitalstocks | 0 comments | Continued(SUN) Sunoco Analyst Maintains Underperform on Shares
We have maintained our Underperform recommendation on oil refiner and marketer Sunoco Inc (SUN). Lately, investors have been selling the stock for its weak fundamentals and tepid outlook. The disappointing first quarter results have added to this bearishness. Sunoco, which competes...
29Jun2011 | vitalstocks | 0 comments | Continued(GM) Steel Stock Review & Outlook – June 2011 – Industry Outlook
The World Steel industry is rather concentrated in structure, with a few producers accounting for the lion’s share of sales. Steel products are classified into four broad categories: flat steel products, long steel products, scrap and semi-finished products. Flat products include...
28Jun2011 | vitalstocks | 0 comments | Continued(STLD) Why Investors Shouldn’t Ignore the Steel Industry
by Marc Lichtenfeld, Senior Analyst, Investment U Wednesday, June 22, 2011: Issue #1540 While most investors are focused on precious metals, I prefer to look for investment opportunities in markets less traveled. Sure, precious metals are still wildly popular – or not popular...
22Jun2011 | InvestmentU | 0 comments | Continued(PKX) POSCO Analyst Maintains Neutral Rating on Shares
We currently maintained our Neutral recommendation on South Korean steelmaker POSCO (PKX). POSCO is the world’s third largest steelmaker on the basis of output. The company primarily manufactures steel for the shipping and construction industries and operates through its two...
19Jun2011 | vitalstocks | 0 comments | Continued(MTL) Mechel OAO Halts Mine Operations
Russian mining company, Mechel OAO (MTL) temporarily halted operations at its Sibirginskaya mine due to high gas levels in a mined-out area. Mining works at the site were halted and all miners returned to the surface. Luckily, no carbon monoxide was detected in the long wall...
19Jun2011 | vitalstocks | 0 comments | Continued(PKX) POSCO Offers Korea First Synthetic Natural Gas Plant
Korean steel producer POSCO (PKX) is on its way to giving Korea its first synthetic natural gas (SNG) plant by the end of year 2013. The company commenced construction of the plant on June 7 at Gwangyang Steelworks. POSCO E&C will be responsible for the construction of the...
16Jun2011 | vitalstocks | 0 comments | Continued(CLF) Cliffs Natural Resources Restarts Mining at Oak Grove
Cliffs Natural Resources Inc. (CLF) announced that it has resumed underground mining at its Oak Grove coal mine in Alabama but was not able to ship coal from the site because of damage to the above-ground facilities. On April 27, 2011, severe weather and a tornado had snapped...
10May2011 | vitalstocks | 0 comments | Continued(MT) ArcelorMittal to Acquire KazStroyServices
Steel giant, ArcelorMittal (MT) is close to buying KazStroyServices Ltd, a Kazakhastan-based engineering, procurement and construction (EPC) company. The company has presence in Kazakhstan, India, Turkmenistan and West Asia and primarily builds oil and gas pipelines and refineries....
3May2011 | vitalstocks | 0 comments | Continued(CLF) Cliffs Natural Resources Settles Dispute with ArcelorMittal
North America’s largest iron-ore producer,Cliffs Natural Resources Inc. (CLF), reached an agreement with steel giant ArcelorMittal (MT) to settle disputes over price reopener entitlements for 2009 and 2010 and pellet. Cliffs will get a payment of around $250 million to $270...
13Apr2011 | vitalstocks | 0 comments | Continued(F) Metals & Mining Industry Outlook – March 2011 – Industry Outlook
Overview The Metals & Mining industry encompasses the extraction (mining) as well as the primary and secondary processing of metals and minerals such as aluminum, gold, precious metals, coal and steel. The industry is oligarchic in structure, with a few producers accounting...
25Mar2011 | vitalstocks | 0 comments | Continued(MT) Steel Industry Outlook – March 2011 – Industry Outlook
The global Steel industry is rather concentrated in structure, with a few producers accounting for the lion’s share of sales. ArcelorMittal (MT) is the world’s largest steel company, with projected crude steel production of 90.6 million tons in 2011. Steel products can be...
24Mar2011 | vitalstocks | 0 comments | Continued(AVP) Stock Market News for Febuary 09, 2011
On Tuesday, markets gained points with the Dow closing higher for the seventh consecutive session, the longest run of gains since July, helped by strong sales figures posted by Mc Donald’s. However, the gains were limited by falling energy prices which were hit by China’s...
9Feb2011 | vitalstocks | 0 comments | Continued(PKX) POSCO Signs To Explore for Oil in Uzbekistan
Korean steel producer, POSCO (PKX) signed agreements with the State-run National Oil Corporation and Samchully for the exploration of two oil fields in Uzbekistan. The fields covering 6,170 km2 are located offshore in the Northeastern region of Uzbekistan. The oil block exploration...
25Nov2010 | vitalstocks | 0 comments | Continued(BHP) Company News for November 15, 2010 – Corporate Summary
• Caterpillar (NYSE:CAT) announced plans to buy Bucyrus (NASDAQ:BUCY) for $8.6 billion, or $92 per share • EMC (NYSE:EMC) said it plans to buy Isilon (NASDAQ:ISLN) for $33.85 per share, or $2.25 billion • ArcelorMittal (NYSE:MT) said it is interested in buying Massey...
15Nov2010 | vitalstocks | 0 comments | Continued(MT) Steel Industry Outlook – November 2010 – Industry Outlook
The U.S. houses one of the world’s largest steel industries. It is rather concentrated in structure, with a few producers accounting for the lion’s share of sales. ArcelorMittal (MT) is the world’s largest steel company, with crude steel production of 73.2 million tons...
30Oct2010 | vitalstocks | 0 comments | Continued(DD) Company News for October 26, 2010 – Corporate Summary
• CIT Group (NYSE:CIT) reported Q3 earnings of $0.66 per share, beating estimates of $0.49, and revised its Q1 and Q2 earnings higher after adopting FSA accounting standards. Revenues in the quarter rose 17% year-over-year to $7.0 billion, and were above estimates of $6.76...
26Oct2010 | vitalstocks | 0 comments | Continued(MT) Metals and Mining Review – September 2010 – Industry Outlook
Overview The Metals & Mining Industry encompasses the extraction (mining), as well as the primary and secondary processing of metals and minerals such as aluminum, gold, precious metals, coal and steel. The industry is oligarchic in structure, with a few producers accounting...
1Sep2010 | vitalstocks | 0 comments | Continued(MT) Steel Industry Review and Outlook – Industry Outlook
The U.S. houses one of the world’s largest steel industries. It is rather concentrated in structure, with a few producers accounting for the lion’s share of sales. If we add companies engaged in the extraction of iron ore and coking coal for the processing of iron and...
29Jun2010 | vitalstocks | 0 comments | Continued(ETN) Fundamentals Behind Soaring Nickel Prices
If you lived through the Great Depression, you’d likely remember the song: “Brother, Can You Spare a Dime?” These days, commodity investors are singing a slightly different tune: “Brother, Can You Spare a Nickel.” And they’re singing it for very different reasons. You...
12May2010 | InvestmentU | 0 comments | Continued(F) Metals & Mining Outlook & Review – May 2010 – Industry Outlook
The Metals & Mining Industry encompasses the extraction (mining), as well as the primary and secondary processing of metals and minerals. The industry is oligarchic in structure, with a few producers accounting for the lion’s share of production. Geographically, the Asia-Pacific...
12May2010 | vitalstocks | 0 comments | Continued(TTM) Why the Indian Stock Market Is Booming – And How You Can Take Advantage
The Indian stock market is booming. Having fallen along with other world markets during last year’s crash, it actually bucked the global trend and was nowhere near testing its multi-year lows. And on Monday, Indian shares hit a 25-month high. India’s stock market returns...
6Apr2010 | InvestmentU | 0 comments | Continued(MT) ArcelorMittal Signed Memorandum of Understanding
Recently, ArcelorMittal (MT) signed a memorandum of understanding (MoU) to form a joint venture with Turkish partner Dayen to build a steel mini-mill with electric furnace in Sulaimaniyah, Northern Iraq. In its initial phase, the mill will produce up to 250,000 tons per year...
19Mar2010 | vitalstocks | 0 comments | Continued(NUE) Nucor Provides Guidance – Analyst Raises Estimates
Nucor Corporation (NUE) provided its first quarter 2010 earnings update, indicating it expected earnings per share to be in the range of a loss of 5 cents to earnings of 5 cents per share. The Zacks Consensus Estimate is pegged at net earnings of 2 cents in the first quarter....
18Mar2010 | vitalstocks | 0 comments | Continued