All Posts Tagged With: "TX"

(TX) Rio Tinto Downgraded to Sell

Zacks Investment Research downgraded Rio Tinto Plc. (RIO) to a Zacks Rank #4 (Sell) on May 17 on a sequentially weak production status for the first quarter of 2013, despite reporting better production than the first quarter of 2012.

Why...

28Jul2013 | | Comments Off on (TX) Rio Tinto Downgraded to Sell | Continued

(X) U.S. Steel Dropped to Underperform

On May 8, we downgraded U.S. Steel (X) to Underperform factoring in the oversupply in the steel industry, pricing pressure, a still depressed construction market and the challenges faced by the company’s flat-rolled business.

Why...

23May2013 | | Comments Off on (X) U.S. Steel Dropped to Underperform | Continued

(TX) – Ternium – Analysts expect strong 2008 year-over-year earnings growth of 54.35%

Ternium SA (TX) is riding out a tough steel market by betting on strong Mexican demand. The company has surprised on estimates 3 out of 4 quarters by an average of 18.97%. TX is cheap. It trades at only 2x forward earnings.

Company Description

Ternium manufactures flat and...

25Oct2008 | | 0 comments | Continued

(TX) – Ternium – Analysts expect strong 2008 year-over-year earnings growth of 54.35%

Ternium SA (TX) is riding out a tough steel market by betting on strong Mexican demand. The company has surprised on estimates 3 out of 4 quarters by an average of 18.97%. TX is cheap. It trades at only 2x forward earnings.

Company Description

Ternium manufactures flat and...

24Oct2008 | | 0 comments | Continued

(TX) – Ternium – Analysts expect strong 2008 year-over-year earnings growth of 54.35%

Ternium SA (TX) is riding out a tough steel market by betting on strong Mexican demand. The company has surprised on estimates 3 out of 4 quarters by an average of 18.97%. TX is cheap. It trades at only 2x forward earnings.

Company Description

Ternium manufactures flat and...

23Oct2008 | | 0 comments | Continued