All Posts Tagged With: "X"

(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

(VALE) Steel Industry Stock Outlook – March 2013 – Zacks Analyst Interviews

About the Steel Industry

Given the unique combination of strength, formability and versatility in steel; it is deployed across various industries including construction, transport, electrical appliances, food packaging and others. Steel products are classified into four broad...

9Mar2013 | | Comments Off on (VALE) Steel Industry Stock Outlook – March 2013 – Zacks Analyst Interviews | Continued

(X) Keeping U.S. Steel at Neutral

We have retained our Neutral recommendation on U.S. Steel (X). While the company should benefit from expanded cokemaking capabilities and lower raw material costs, a depressed construction market, oversupply in the steel industry and...

15Feb2013 | | Comments Off on (X) Keeping U.S. Steel at Neutral | Continued

(GM) Steel Industry Stock Outlook – November 2012 – Zacks Analyst Interviews

Steel industry in today’s world can well be termed as the backbone of the economy, given its varied usage, be it in construction, transport, electrical appliances, food packaging, etc. In terms of its composition, steel is an alloy of iron and carbon containing less than 2% carbon and 1% manganese...

30Nov2012 | | Comments Off on (GM) Steel Industry Stock Outlook – November 2012 – Zacks Analyst Interviews | Continued

(CLF) Cliffs Natural Resources Enters 3-year Deal with USW

Cliffs Natural Resources Inc. (CLF) entered into a three-year tentative labor contract with the United Steel Workers (USW) union that will cover approximately 2,400 USW-represented workers at Cliffs’ Empire and Tilden mines in...

23Oct2012 | | Comments Off on (CLF) Cliffs Natural Resources Enters 3-year Deal with USW | Continued

(MT) ArcelorMittal Remains Underperform

We are maintaining our Underperform recommendation on ArcelorMittal (MT) following  its second-quarter 2012 results.

The company’s adjusted earnings of 64 cents per share comprehensively beat the Zacks Consensus Estimate of...

28Aug2012 | | Comments Off on (MT) ArcelorMittal Remains Underperform | Continued

(GM) Steel Industry Stock Outlook – July 2012 – Industry Outlook

About the Industry

The steel industry can well be termed the backbone of modern society, considering steel’s varied uses — be it in construction, transport, electrical appliances, food packaging, etc. In terms of its composition, steel is an alloy of iron and carbon...

25Jul2012 | | Comments Off on (GM) Steel Industry Stock Outlook – July 2012 – Industry Outlook | Continued

(MT) Metals & Mining Stock Outlook – June 2012 – Industry Outlook

The Metals & Mining industry encompasses the extraction (mining) as well as primary and secondary processing of metals and minerals. These include aluminum and gold, other precious metals, coal and steel. The industry is oligarchic in structure, with a few producers accounting for a lion’s...

24Jun2012 | | Comments Off on (MT) Metals & Mining Stock Outlook – June 2012 – Industry Outlook | Continued

(AKS) AK Steel Holding Corporation Plant Honored For Safety

AK Steel Holding Corporation (AKS) recently announced that a recognition has been bestowed on the Walbridge, Ohio plant of its subsidiary AK Tube LLC by the Ohio Bureau of Workers’ Compensation, Division of Safety and Hygiene....

4Jun2012 | | Comments Off on (AKS) AK Steel Holding Corporation Plant Honored For Safety | Continued

(X) United States Steel Corporation Beats First Quarter Earnings

United States Steel Corporation (X) came out with positive results in the first quarter of 2012, posting adjusted earnings of 67 cents per share and beating the Zacks Consensus Estimate of 49 cents.

However, net loss (as reported)...

10May2012 | | Comments Off on (X) United States Steel Corporation Beats First Quarter Earnings | Continued

(X) United States Steel Corporation Beats in First Quarter

United States Steel Corporation (X) came out with positive results in the first quarter of 2012, posting adjusted earnings of 67 cents per share and beating the Zacks Consensus Estimate of 49 cents.

However, net loss (as reported)...

1May2012 | | Comments Off on (X) United States Steel Corporation Beats in First Quarter | Continued

(GM) Steel Industry Stock Outlook – March 2012 – Industry Outlook

About the Industry

The steel industry can well be termed the backbone of modern society considering steel’s varied uses, be it in construction, transport, electrical appliances, food packaging and the like. In terms of its composition, steel is an alloy of iron and carbon...

29Mar2012 | | Comments Off on (GM) Steel Industry Stock Outlook – March 2012 – Industry Outlook | Continued

(MT) Metals & Mining Stock Outlook – March 2012 – Industry Outlook

About the Industry

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...

16Mar2012 | | Comments Off on (MT) Metals & Mining Stock Outlook – March 2012 – Industry Outlook | Continued

(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 recouped most of their...

7Feb2012 | | 0 comments | Continued

(BMY) Company News for January 04, 2012 – Corporate Summary

•    Share prices of natural gas producer Devon Energy Corp (NYSE:DVN) gained 6.63% after the company announced it would sell a stake in five of its exploratory projects across the U.S., to Sinopec International Petroleum Exploration & Production,...

8Jan2012 | | 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....

29Nov2011 | | 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 | | 0 comments | Continued

(AKS) AK Steel Holding Corporation Adds Surcharge

AK Steel Holding Corporation (AKS) added a surcharge of $460 per ton for a broad range of electrical steel products that it produces. This surcharge will be reflected in the invoices of electrical steel products to be shipped in September...

9Aug2011 | | 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...

1Jul2011 | | 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 plates,...

28Jun2011 | | 0 comments | Continued

(NUE) Nucor Analyst Maintains Neutral on Shares

We maintain our neutral recommendation on Nucor Corporation (NUE) as the company’s focus has been on profitable growth through acquisitions over the past several years. Nucor plans to continue to seek attractive opportunities to...

23Jun2011 | | 0 comments | Continued

(AA) Stock Market News for May 19, 2011 – Market News

Markets benefited once again from commodities on Wednesday, as a rebound in that sector not only lifted the broader markets but dragged the indices out of the negative territory. Meanwhile, Fed minutes and a positive earnings report from bellwether Dell added to the cheer.

The Dow Jones Industrial...

19May2011 | | 0 comments | Continued

(AKS) Stock Market News for April 20, 2011 – Market News

On Tuesday, markets ended with modest gains as an earnings-driven trading day witnessed positive results and sentiments were boosted by strong results from bellwether stocks. Earnings reports of healthcare stocks helped push the markets higher aided by steel stocks. Tech majors such as IBM and Intel...

20Apr2011 | | 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 | | 0 comments | Continued

(AA) Stock Market News for March 24, 2011 – Market News

Materials stocks took the markets modestly ahead over hopes of rebuilding after an earthquake and tsunami ravaged Japan. Weak US new home sales data took the markets to session lows during the day before rebuilding hopes pumped in modest momentum. However, the day saw very tight volumes, reflecting...

25Mar2011 | | 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...

24Mar2011 | | 0 comments | Continued

(LNG) Stock Market News for March 14, 2011 – Market News

On Friday, markets overcame fears of any near-term slide in the wake of global issues to end higher as materials and energy helped the indices post gains. The mass destruction caused by the earthquake and tsunami in the third largest economy of the world, Japan, failed to unnerve US markets. Protests...

14Mar2011 | | 0 comments | Continued

(ABT) Company News for January 20, 2011 – Corporate Summary

• Share prices of tech major IBM (NYSE:IBM) rose by 3.35% after the company posted excellent earnings figure on Tuesday night

• Adtran Inc (NASDAQ:ADTN) increased 6.56% to end at $42.25...

21Jan2011 | | 0 comments | Continued

(AAPL) Company News for January 19, 2011 – Corporate Summary

• Apple (NASDAQ:AAPL) reported estimate-topping sales and earnings, also guiding higher for the fiscal second quarter. Fiscal first quarter earnings of $6.43 is well ahead of the Zacks Consensus Estimate of $4.46 on revenues of $26.7 billion ahead...

19Jan2011 | | 0 comments | Continued

(WLT) Walter Energy Buys Mobile River Terminal from U. S. Steel Subsidiary

The producer and exporter of premium coal  Walter Energy Inc. (WLT) announced that it has acquired the assets of Mobile River Terminal Co. in Mobile, Alabama from a subsidiary of U. S. Steel Corp.(

27Dec2010 | | 0 comments | Continued