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News Breaks
October 20, 2009
10:31 EDTSTLD
theflyonthewall.com: Steel Dynamics sees weak 2010 non-residential construction, Bloomberg reports
:theflyonthewall.com



News For STLD From The Last 14 Days
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February 13, 2012
10:25 EDTSTLD
theflyonthewall.com: On The Fly: Analyst Downgrade Summary

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06:38 EDTSTLD
theflyonthewall.com: Steel Dynamics downgraded to Hold from Buy at KeyBanc

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February 2, 2012
10:19 EDTSTLD
theflyonthewall.com: On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Autoliv (ALV) downgraded to Sell from Buy at Citigroup...JDSU (JDSU) downgraded to Neutral from Buy at UBS...Vanguard Health (VHS) downgraded to Market Perform from Outperform at Wells Fargo...Steel Dynamics (STLD) downgraded to Neutral from Buy at BofA/Merrill...AK Steel (AKS) downgraded to Underperform from Neutral at BofA/Merrill...Northrop Grumman (NOC) downgraded to Underperform from Neutral at BofA/Merrill...Sykes Enterprises (SYKE) downgraded to Neutral from Outperform at RW Baird...NYSE Euronext (NYX) downgraded to Market Perform from Outperform at BMO Capital...QuinStreet (QNST) downgraded to Hold from Buy at ThinkEquity...Edwards Lifesciences (EW) downgraded to Neutral from Outperform at Credit Suisse...Ann Inc. (ANN) downgraded to Underweight from Neutral at Piper Jaffray...Johnson & Johnson (JNJ) downgraded to Market Perform from Outperform at First Global. :theflyonthewall.com
07:20 EDTSTLD
theflyonthewall.com: Steel Dynamics downgraded to Neutral from Buy at BofA/Merrill
As previously reported, BofA/Merrill downgraded Steel Dynamics to Neutral from Buy. The firm cites valuation and and a more cautious view on steel prices near-term for the downgrade. Price target remains $17. :theflyonthewall.com
06:17 EDTSTLD
theflyonthewall.com: Steel Dynamics downgraded to Neutral from Buy at BofA/Merrill

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February 1, 2012
07:51 EDTSTLD
theflyonthewall.com: Global steel demand slowing, Bloomberg reports
Steel demand worldwide is growing slower than forecast, affecting producer profits, and forcing investors to revise their 2012 outlook, reports Bloomberg. Steel usage will increase 4.5% in 2012, below the 5.4% forecast last fall by the World Steel Association, according to the median estimate of 14 steelmakers, analysts and traders surveyed by Bloomberg. Growth could be just 1.2%, according to Bloomberg Industries analysts. Reference Link :theflyonthewall.com