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Stock Market & Financial Investment News

News Breaks
March 14, 2014
10:14 EDTNGS, X, XOXO, PNK, HWCC, COVS, NUE, HMY, AU, PLUG, ONTY, DKLOn The Fly: Analyst Downgrade Summary
AngloGold (AU) downgraded to Underperform from Neutral at Macquarie... Covisint (COVS) downgraded to Neutral from Outperform at Credit Suisse... Delek Logistics (DKL) downgraded to Neutral from Buy at Goldman... Harmony Gold (HMY) downgraded to Underperform from Neutral at Macquarie... Houston Wire & Cable (HWCC) downgraded to Underperform at Raymond James... Nucor (NUE) downgraded to Neutral from Outperform at Credit Suisse... Oncothyreon (ONTY) downgraded to Hold from Buy at Cantor... Pinnacle Entertainment (PNK) downgraded to Hold from Buy at Deutsche Bank... Plug Power (PLUG) downgraded to Neutral from Buy at Roth Capital... U.S. Steel (X) downgraded to Underperform from Neutral at Credit Suisse... Natural Gas Services (NGS) downgraded to Equalweight from Overweight at Capital One... XO Group (XOXO) downgraded to Neutral from Buy at B. Riley.
News For AU;COVS;DKL;HMY;HWCC;ONTY;NUE;PNK;PLUG;X;NGS;XOXO From The Last 14 Days
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September 2, 2015
18:19 EDTNUENucor announces $900M share repurchase plan
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08:34 EDTXU.S. Steel added to Analyst Focus List at JPMorgan
JPMorgan analyst Michael Gambardella added Overweight-rated U.S. Steel (X) to the firm's Analyst Focus List and removed Underweight-rated Allegheny Technologies (ATI). The pending steel trade cases could serve as positive catalysts and more than offset the headwind of a strong U.S. dollar, Gambardella tells investors in a research note. He removed Allegheny as a short feeling most of the downside risk has played out. The analyst has a $28 price target for U.S. Steel and $17.50 target for Allegheny.
August 28, 2015
11:25 EDTPLUGPlug Power COO buys 14K shares
In a regulatory filing, Plug Power COO Keith Schmid disclosed that he acquired 14,000 shares of company stock yesterday, August 27, at an average price of $1.80 per share.
August 24, 2015
10:32 EDTXU.S. Steel says acted to effectuate hard freeze of some benefits
In a regulatory filing from Friday evening, U.S. Steel disclosed that on August 17, United States Steel Corporation, acted to effectuate a hard freeze of benefits accrued under each of the following plans effective as of December 31, 2015: (i) the United States Steel Corporation Plan for Employee Pension Benefits and each provision, rule part, plan or program thereunder as applicable to non-union employees; (ii) the United States Steel Corporation Non Tax-Qualified Pension Plan; and (iii) the United States Steel Corporation Executive Management Supplemental Pension Program. As a result, from and after December 31 all benefit accruals under each Plan shall cease and no participant in any Plan will receive credit under the Plan for further service to the Corporation or its subsidiaries and the compensation levels resulting from any such further service will not be relevant to the determination of benefits payable under the Plans. The Non Tax-Qualified Plan and the Supplemental Plan provide benefits to Mr. Douglas Matthews, one of our Named Executive Officers. As described above, on August 1 , the Corporation enacted a hard freeze of benefits accrued under its DB Plan effective December 31. Participants of the DB Plan will be transitioned to a defined contribution retirement plan at that time. The Corporation will perform a remeasurement of the DB Plan, and will report these results in its quarterly report on Form 10-Q for the quarter ended September 30.
09:18 EDTXOn The Fly: Pre-market Movers
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August 23, 2015
13:07 EDTXU.S. Steel shares could rally 60% to $28 by late 2016, Barron's says
Shares of U.S. Steel could rise more than 60% to $28 by the end of 2016 as steel prices increase, cost cutting measures take effect, and Chinese imports decline given an import tariff scheduled for November, Barron's contends in a feature article. Reference Link
August 21, 2015
08:26 EDTXU.S. Steel initiated with a Sell at Axiom
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