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Stock Market & Financial Investment News

News Breaks
January 16, 2013
17:59 EDTNUE, TYEKF, SID, MTArcelorMittal bids for ThyssenKrupp's Alabama plant, WSJ says
ThyssenKrupp (TYEKF)'s Alabama steel operations have seen bids from ArcelorMittal (MT), Brazil's Cia. Siderúrgica Nacional (SID) and Nucor (NUE), with ArcelorMittal and Cia. Siderúrgica Nacional emerging as the leading bidders, says the Wall Street Journal. Reference Link
News For MT;TYEKF;NUE;SID From The Last 14 Days
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September 2, 2015
18:19 EDTNUENucor announces $900M share repurchase plan
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August 31, 2015
07:31 EDTMTArcelorMittal Bremen renews partnership with CGI Group
ArcelorMittal Bremen, a subsidiary of ArcelorMittal (MT), has renewed its partnership with CGI. ArcelorMittal Bremen outsourced its IT to CGI five years ago, and, since then, CGI has managed the company's two data centers in Bremen, provided IT infrastructure support, and maintained all applications predominantly developed by ArcelorMittal Bremen, as well as other warehousing and automated production control systems. In addition, CGI provides field service support for approximately 2,000 Windows end-user systems. CGI's scope of activities for ArcelorMittal Bremen has expanded considerably over the course of the engagement. CGI was given, for example, responsibility for an additional 180 production control systems. In fact, the contract volume has doubled in size.
06:33 EDTSIDCSN confirms currently studying alternatives to reducing leverage
In a regulatory filing, CSN disclosed that it is currently studying alternatives to reducing its leverage, including extending its debt profile and a possible review of its asset portfolio. The company said it has not executed any instrument that requires disclosure to the market in accordance with the law regarding the debt portfolio and there are no ongoing negotiations that require disclosure to the market in accordance with the law regarding the review of its asset portfolio.
August 27, 2015
10:00 EDTTYEKF, MTOn The Fly: Analyst Initiation Summary
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08:49 EDTTYEKFThyssenKrupp initiated with an Overweight at JPMorgan
Target EUR23.60.
08:48 EDTMTArcelorMittal initiated with a Neutral at JPMorgan
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August 25, 2015
06:44 EDTMTArcelorMittal finds success in Northern France plant, WSJ reports
ArcelorMittal (MT) has found improbable success investing heavily in Europe, particularly in rust belt Northern France, the Wall Street Journal reports. The company's most profitable business unit is located in Northern France, and the European Union is still the globe's most prestigious automotive market, where companies such as Audi (AUDVF) and BMW (BAMXY) make nearly a trillion dollars worth of cars a year, the report says, meaning higher demand for locally produced steel. Reference Link

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