All Posts Tagged With: "MT"
(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...
(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,...
(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...
(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...
(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...
(MT) Steel Industry Stock Review – March 2010 – Industry Outlook
The steel industry is rather concentrated in structure, with a few producers accounting for the lion’s share of sales. With companies engaged in the extraction of iron ore and coke coal for the processing of iron and steel, this industry includes metal ore exploration and...
(MT) ArcelorMittal’s Fourth Quarter Surpasses Estimates
Recently, ArcelorMittal (MT) reported results for the fourth quarter and full year 2009. During the quarter, ArcelorMittal recorded net income of $1.1 billion, or 71 cents, as compared to a net loss of $2.6...
(MT) The Pros and Cons of Dealing With Steel
by Tony Daltorio, Investment U Research
Friday, February 12, 2010
Back in September, I wrote about the “real man of steel,” Lakshmi Mittal, Chairman and primary owner of ArcelorMittal ADR (NYSE:
15Feb2010 | InvestmentU | 0 comments | Continued(MT) ArcelorMittal and BHP Billiton to Combine Iron Ore Mining
ArcelorMittal (MT) entered into initial discussions with BHP Billiton (BHP) to potentially combine their respective iron ore mining and infrastructure...
(F) Metals & Mining Stock Review – January 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 rather concentrated in structure, with a few producers accounting for the lion’s share of sales.
Geographically,...
(MT) ArcelorMittal Issues Convertible Bonds
Recently, leading steel maker ArcelorMittal (MT), through its wholly owned subsidiary in Luxembourg, announced the issuance of a $750 million bond mandatorily convertible into preferred shares of the subsidiary.
The...
(MT) ArcelorMittal Increases Stake in ArcelorMittal Ostrava
The leading steel maker, ArcelorMittal (MT) announced that it has agreed to acquire a 13.881% stake in ArcelorMittal Ostrava, a.s. from a subsidiary of PPF GROUP N.V., for approximately $404.3 million.
The...
(F) Steel Industry – Industry Outlook
Steel Output Mounting
The Steel industry, which consists of companies engaged in the extraction of iron ore and coke coal for the processing of iron and steel, has the major chunk of sales concentrated...
(MT) Arcelor Mittal Beats Consensus Estimates
Recently, Arcelor Mittal (MT) reported encouraging results for the third quarter of 2009. The company recorded a net income of $0.9 billion, or $0.60 per share, as compared with a net loss of $0.8 billion,...
(MT) ArcelorMittal Selling Stake in Wabush Mines
Earlier this week, ArcelorMittal (MT) signed a definitive agreement to divest its minority interest in Wabush Mines, Canada, for $34.28 million. ArcelorMittal’s 28.6% stake in the Wabush Mines joint venture is being sold to Consolidated Thompson Iron Mines...
(X) United States Steel Corporation Divests Interest in Wabush Mines
On Oct. 9, United States Steel Corporation’s (X) wholly owned subsidiary U.S. Steel Canada Inc., ArcelorMittal Dofasco and Cliffs Natural Resources Inc. (CLF) have agreed to sell their respective interest in the Wabush Mines joint venture...
(MT) ArcelorMittal Raises $1 Billion of Capital Through Bond Offering
Last week, ArcelorMittal (MT) completed the pricing of its 30-year, $1 billion aggregate principal amount of 7% bonds due in 2039. The yield of the bonds is 7.4%. Net proceeds from the transaction will be $943.3 million (before expense), which will be used...
(MT) ArcelorMittal Expands in India
On Friday, ArcelorMittal (MT) said it planned to launch a tender offer for acquiring a 29.4% stake in Uttam Galva Steels Ltd. (“Uttam Galva”), a leading producer of cold rolled steel, galvanized products and color-coated coils & sheets based in...
(JNJ) 12 Stocks to “Hunker Down” With in 2009
12 Stocks to “Hunker Down” With in 2009
by Martin Denholm,
Managing Editor, Smart Profits Report
Editor’s Note: We’re always on the lookout for new ideas and profitable opportunities...