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Stock Market & Financial Investment News

News Breaks
April 28, 2014
07:52 EDTMTDeutsche Bahn files claims against ArcelorMittal, reported Reuters
Deutsche Bahn said it is suing a number of steel companies such as ArcelorMittal and Saarstahl for damages which the German rail operator believes were caused by railway sleeper price fixing, according to Reuters, citing comments from a Deutsche Bahn management board member. Reference Link
News For MT From The Last 14 Days
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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.
06:13 EDTMTArcelorMittal upgraded to Buy from Neutral at BofA/Merrill
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September 17, 2014
12:08 EDTMTSteel stocks rally as U.S. Steel, Nucor provide improved outlooks
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September 15, 2014
11:00 EDTMTArcelorMittal, Gerdau sell Gallatin Steel facility for $770M
ArcelorMittal (MT) and Gerdau (GGB) jointly announced that they have entered into a definitive transaction agreement to sell their respective 50% interests in Gallatin Steel to Nucor (NUE) for a total cash consideration of $770M, subject to customary closing adjustments. Completion of the sale is subject to customary closing conditions, including expiration of the Hart Scott Rodino Antitrust Improvements Act waiting period. The closing of the transaction is not subject to any financing conditions and is expected to be realized by the end of 2014. Reference Link
September 10, 2014
10:00 EDTMTOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: African Barrick Gold (ABGLY) upgraded to Neutral from Sell at Goldman... ArcelorMittal (MT) upgraded to Overweight from Underweight at Barclays... CRH Plc. (CRH) upgraded to Outperform from Underperform at Raymond James... Callon Petroleum (CPE) upgraded to Buy from Neutral at SunTrust... Coach (COH) upgraded to Overweight from Neutral at Atlantic Equities... Hartford Financial (HIG) upgraded to Outperform from Market Perform at FBR Capital... Huntsman (HUN) upgraded to Buy from Neutral at Citigroup... Imperva (IMPV) upgraded to Outperform from Perform at Oppenheimer... L Brands (LB) upgraded at Credit Suisse... Marcus (MCS) upgraded to Buy from Neutral at B. Riley... Noodles & Company (NDLS) upgraded to Buy from Neutral at UBS... Sunoco Logistics (SXL) upgraded to Overweight from Equal Weight at Barclays... Triangle Petroleum (TPLM) upgraded to Buy from Accumulate at KLR Group... Twitter (TWTR) upgraded to Buy from Neutral at UBS.
05:29 EDTMTArcelorMittal upgraded to Overweight from Underweight at Barclays
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September 9, 2014
10:10 EDTMTOn the Fly: Analyst Upgrade Summary
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05:23 EDTMTArcelorMittal upgraded to Outperform from Neutral at Credit Suisse
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