New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 27, 2012
19:55 EDTPKX, MT, NUE, CLF, X, STLDGlobal steel production capacity exceeds orders taken, WSJ reports
Global steel mills have the capacity to produce 1.8B tons of steel annually, but will only take orders for 1.5B tons of steel this year, and it is expected that by 2016 an additional 100 new mills with a total production capacity of 350M tons will be operable, according to a Wall Street Journal report. The report notes that the world's five biggest steel companies control just 18.2% of the world's supply, compared to 50.6% in the auto industry, and that government-backing of many steel mills has made consolidation difficult for steel majors. Reference Link
News For PKX;MT;NUE;CLF;X;STLD From The Last 14 Days
Check below for free stories on PKX;MT;NUE;CLF;X;STLD the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
September 17, 2014
08:32 EDTNUENucor sees Q3 EPS 70c-75c, consensus 61c
Projected Q3 results include estimated LIFO credit of $14.5M. Included in the projected third quarter results is an estimated $12M related to the partial write down of assets within the steel mills segment.
08:19 EDTXU.S. Steel remains top pick in steel space, says Cowen
Subscribe for More Information
06:18 EDTXU.S. Steel volatility expected to move after updating Q3 outlook
Subscribe for More Information
September 16, 2014
18:30 EDTXOn The Fly: After Hours Movers
UP AFTER EARNINGS: Apogee Enterprises (APOG), up 5.6% after reporting second quarter results and raising fiscal 2015 guidance. ALSO HIGHER: InspireMD (NSPR), up 18.5% after reporting positive trial results for CGuard... Boeing (BA), up marginally after NASA awarded the company with a $4.2B contract for commercial spaceflight to the International Space Station... U.S. Steel (X), up 7.9%% after updating third quarter outlook. DOWN AFTER EARNINGS: Adobe (ADBE), down 4.5% following third quarter results. ALSO LOWER: Rackspace Hosting (RAX), down 16.7% after ending strategic review and deciding to stay independent... Sunoco Logistics Partners (SXL), down 3.9% after filing to sell 7.7M shares of common stock... Aratana Therapeutics (PETX), down 7.8% after filing to sell common stock.
18:20 EDTXU.S. Steel up nearly 8% in after hours following Q3 update, strategic actions
Subscribe for More Information
18:17 EDTXU.S. Steel sees Q3 ex-items EPS 'significantly higher' than current consensus
Consensus for Q3 EPS is 89c.
18:14 EDTXU.S. Steel updates Q3 outlook, sees significant improvement in operating income
Subscribe for More Information
18:09 EDTXU.S. Steel announces decision to not proceed with Keewatin, Gary Works expansion
Subscribe for More Information
September 15, 2014
11:00 EDTNUE, MTArcelorMittal, 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
09:59 EDTPKXOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
08:33 EDTNUENucor agrees to acquire Gallatin Steel for $770M
Subscribe for More Information
06:23 EDTPKXPosco downgraded to Neutral from Overweight at HSBC
September 12, 2014
14:44 EDTXU.S. Steel receives final approval for Minntac expansion
Subscribe for More Information
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.
09:38 EDTXActive equity options trading on open
Subscribe for More Information
08:08 EDTCLFCliffs Natural amends credit facilty to allow for $200M share repurchase program
Subscribe for More Information
05:29 EDTMTArcelorMittal upgraded to Overweight from Underweight at Barclays
Subscribe for More Information
September 9, 2014
10:10 EDTMTOn the Fly: Analyst Upgrade Summary
Subscribe for More Information
05:23 EDTMTArcelorMittal upgraded to Outperform from Neutral at Credit Suisse
Subscribe for More Information
September 7, 2014
12:59 EDTCLFIron ore giants keep up production amid falling prices, WSJ says
Subscribe for More Information
1 | 2 | all recent news | >>

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