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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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May 15, 2015
07:53 EDTMTArclorMittal upgraded to Buy from Neutral at BofA/Merrill
BofA/Merrill upgraded ArcelorMittal to Buy and established a $13.75 price target. The firm believes a margin recovery is unfolding in European steel driven by steel export declines out of China and potential trade protectionism in Europe.
May 14, 2015
11:10 EDTMTArcelorMittal calls active on sharp rally
ArcelorMittal June and September 12 calls are active on total call volume of 13K contracts (1K puts). June call option implied volatility is at 37, September is at 35; compared to its 90-day average of 36. Active call volume suggests traders taking positions for large near term price movement.
10:53 EDTMTArcelorMittal gaps up bullishly, levels to watch
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