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Stock Market & Financial Investment News

News Breaks
November 30, 2012
12:04 EDTMT, AKSArcelorMittal patent infringement suit against AK Steel revived
The U.S. Court of Appeals for the Federal Circuit ruled that a new trial is required in the patent infringement lawsuit brought by ArcelorMittal (MT) against AK Steel (AKS) and Severstal. The appeals court determined that the lower courtís claim construction error prevented the jury from properly considering ArcelorMittalís evidence. The patent at the center of the suit covers boron steel sheet with an aluminum-based coating applied after rolling the sheet to its final thickness, according to a court filing. The process is used in the manufacture of automobile parts. Reference Link
News For MT;AKS From The Last 14 Days
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September 26, 2014
10:01 EDTAKSOn The Fly: Analyst Initiation Summary
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06:17 EDTAKSAK Steel resumed with a Sell at Citigroup
Citigroup resumed AK Steel with a Sell rating on expectations the company's results will continue to disappoint as steel prices move lower into Q4 and 2015. Citi raised its price target for shares to $3.40 from $2.50.
September 25, 2014
10:13 EDTMTHigh option volume stocks
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September 24, 2014
07:42 EDTMTCredit Suisse to hold a conference
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September 19, 2014
07:30 EDTAKS, MTRussia's top steelmaker weighs IPO of North American arm, WSJ says
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September 18, 2014
10:00 EDTMTOn The Fly: Analyst Upgrade Summary
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07:45 EDTMTArcelorMittal upgraded at BofA/Merrill
As previously reported, BofA/Merrill upgraded ArcelorMittal to Buy from Neutral. The firm believes European steel prices have bottomed and margins are expanding. Price target is $17.55.
07:17 EDTAKSAK Steel reinstated with an Underperform at Credit Suisse
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06:13 EDTMTArcelorMittal upgraded to Buy from Neutral at BofA/Merrill
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