New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 1, 2013
06:04 EDTNUE, DOW, X, MT, AKSCheap gas energizing parts of U.S. economy, WSJ reports
With natural gas suddenly plentiful and relatively cheap in the U.S. due to hydraulic fracturing technology, or fracking, U.S. manufacturing is beginning to pick up again, reports the Wall Street Journal. For example, back in 2004, steelmaker Nucor Corp. (NUE) bought a plant next to Louisiana wetlands, took it apart and shipped it to Trinidad on ocean barges because gas is cheap there.This summer, after almost two years of construction, it will open the same type of plant at the same site at a cost of $750M because natural gas, which is critical to these Nucor plants, is cheap here. Lower-priced natural gas has energized many parts of the country and the economy, including chemical and fertilizer companies, which say lower prices have reduced costs and made the U.S. a more competitive manufacturing location. Reference Link
News For NUE;DOW;X;MT;AKS From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 21, 2014
15:35 EDTDOWNotable companies reporting before tomorrow's open
Subscribe for More Information
11:51 EDTX, NUE, MT, AKSU.S. to end deal sheltering Russia from flat-rolled steel duties, Reuters says
Subscribe for More Information
07:02 EDTDOWDow Chemical October weekly volatility elevated into Q3 and outlook
Subscribe for More Information
October 20, 2014
11:37 EDTXStocks with call strike movement; X TWTR
Subscribe for More Information
October 17, 2014
12:33 EDTAKSAK Steel trading higher after Nomura upgrade
Subscribe for More Information
10:00 EDTAKSOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AK Steel (AKS) upgraded to Buy from Neutral at Nomura... AMD (AMD) upgraded to Sector Perform from Underperform at Pacific Crest... Atlantic Power (AT) upgraded to Market Perform from Underperform at BMO Capital... Basic Energy (BAS) upgraded to Outperform from Market Perform at Cowen... BorgWarner (BWA) upgraded to Buy from Hold at Deutsche Bank... CA Technologies (CA) upgraded to Overweight from Equal Weight at Barclays... Calumet Specialty Products (CLMT) upgraded to Outperform at Wells Fargo... DHT Holdings (DHT) upgraded to Buy from Hold at Evercore... Exelon (EXC) upgraded to Neutral from Sell at Citigroup... Fifth Third Bancorp (FITB) upgraded to Buy from Neutral at Citigroup... Goldman Sachs (GS) upgraded to Outperform from Market Perform at Keefe Bruyette... Helmerich & Payne (HP) upgraded to Buy from Neutral at UBS... Hilton (HLT) upgraded to Buy from Neutral at SunTrust... Hyatt Hotels (H) upgraded to Outperform from Neutral at Macquarie... IPG Photonics (IPGP) upgraded at Stifel... ITC Holdings (ITC) upgraded to Neutral from Underperform at Credit Suisse... Manpower (MAN) upgraded to Outperform from Market Perform at Avondale... Nabors Industries (NBR) upgraded to Outperform from Market Perform at Cowen... Newpark Resources (NR) upgraded at Cowen... Old Dominion (ODFL) upgraded to Buy from Neutral at Longbow... PDC Energy (PDCE) upgraded at SunTrust... Patterson-UTI (PTEN) upgraded to Buy from Neutral at UBS... PrivateBancorp (PVTB) upgraded to Outperform from Neutral at Macquarie... QLogic (QLGC) upgraded to Buy from Hold at Summit Research... RPC, Inc. (RES) upgraded at Cowen... Sonoco (SON) upgraded to Neutral from Underperform at DA Davidson... Southwestern Energy (SWN) upgraded to Outperform from Market Perform at Raymond James... SunEdison (SUNE) upgraded to Outperform at Cowen... TSMC (TSM) upgraded to Buy from Neutral at Mizuho... Tesco (TESO) upgraded to Outperform from Market Perform at Cowen... UnitedHealth (UNH) upgraded to Outperform from Market Perform at Leerink... Xilinx (XLNX) upgraded to Outperform from Market Perform at Wells Fargo.
09:17 EDTAKSOn The Fly: Pre-market Movers
Subscribe for More Information
08:48 EDTX, AKS, NUE, MTBofA/Merrill global steel analysts hold analyst/industry conference call
Subscribe for More Information
06:44 EDTAKSAK Steel upgraded to Buy from Neutral at Nomura
Subscribe for More Information
October 15, 2014
14:41 EDTXMissouri AG Chris Koster announces $266K settlement with U.S. Steel
Subscribe for More Information
12:41 EDTDOWDow Chemical receives EPA registratoin for commercialization of Enlist
Dow Chemical announced it has received registration from the Environmental Protection Agency for its Enlist Duo herbicide for use with Enlist corn and soybeans. The Company expects sales of the Enlist Weed Control System to deliver significant value over the near and long term, and intends to release its market intentions in the coming weeks.
09:38 EDTDOWActive equity options trading on open
Subscribe for More Information
07:32 EDTDOWUBM Canon to hold a conference
PLASTEC Midwest Conference is being held in Chicago on October 15-16.
October 13, 2014
07:15 EDTDOWNational Association of Corporate Directors to hold a conference
Subscribe for More Information
October 9, 2014
10:00 EDTDOWOn The Fly: Analyst Initiation Summary
Subscribe for More Information
07:08 EDTXCanadian court approves U.S. Steel division DIP financing, Reuters says
Subscribe for More Information
October 8, 2014
16:29 EDTDOWU.S. Chemicals sector initiated with an Overweight at RBC Capital
RBC Capital started the U.S. Chemicals sector with an Overweight rating citing the growth of shale gas. The firm lists ethylene stocks LyondellBasell (LYB), Westlake Chemical (WLK) and Dow Chemical (DOW) its top picks in the space. RBC views coatings stocks as good ways to play the pending recovery in construction, and has Outperform ratings on Sherwin-Williams (SHW) and PPG Industries (PPG). RBC put its only Underperform rating in the sector on Axiall (AXLL), citing the company's short ethylene position and leverage to single-family housing.
16:19 EDTDOWDow Chemical initiated with an Outperform at RBC Capital
Target $66.
12:17 EDTNUENucor sees Gallatin Steel acquisition immediately accretive to cash flow
Nucor announced that it has closed on its purchase of all the equity of Gallatin Steel Company for approximately $770M. Adjusting for the net present value of the anticipated tax benefits, the realized effective purchase price for Nucor is approximately $630M. The purchase is expected to be immediately accretive to cash flow and accretive to earnings after working through purchase accounting-valued finished goods inventories.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use