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Stock Market & Financial Investment News

News Breaks
March 26, 2014
06:22 EDTAKS, MT, STLD, XU.S. steelmakers push for punitive duties on South Korean rivals, WSJ reports
U.S. steelmakers are pushing lawmakers to punish South Korean competitors for selling lucrative steel products at "unfair" prices, reports the Wall Street Journal. The U.S. companies say the current lack of punitive duties on the South Korean firms is hurting them and are asking the Obama administration to take a closer look at potential dumping by the country before the Commerce Department issues a final ruling on July 14. Reference Link
News For X;MT;AKS;STLD From The Last 14 Days
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November 24, 2014
12:01 EDTXU.S. Steel announces new headquarters location
United States Steel President and CEO Mario Longhi joined Pittsburgh Penguins President and CEO David Morehouse in announcing that the company will relocate its corporate headquarters to the former Civic Arena site in Pittsburgh's lower Hill District. This announcement assures that the company will help anchor new development in the region while sustaining more than 800 jobs in Pittsburgh at the headquarters location. The announcement of the new headquarters location in Pittsburgh is another step in the company's Carnegie Way transformation journey. To be completed in 2017, the new 250,000 square foot headquarters will promote collaboration and best practices for U. S. Steel employees in the advanced work environment. Additionally, by housing employees from a number of locations under one roof, the new headquarters location will provide significant cost savings for the company.
06:13 EDTMTInvestec Asset reports 10.16% passive stake in ArcelorMittal
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November 18, 2014
13:28 EDTAKS, XIron ore, steel stocks lower after iron ore prices, China home prices decline
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09:56 EDTAKSOn The Fly: Analyst Initiation Summary
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06:34 EDTSTLDSteel Dynamics initiated with an Outperform at BMO Capital
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06:33 EDTXU.S. Steel initiated with a Market Perform at BMO Capital
Target $43.
06:33 EDTAKSAK Steel initiated with a Market Perform at BMO Capital
Target $7.
November 11, 2014
10:00 EDTMTOn The Fly: Analyst Downgrade Summary
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05:27 EDTMTArcelorMittal downgraded to Neutral from Buy at Citigroup
Citigroup downgraded ArcelorMittal to Neutral after lowering its estimates for iron ore prices.
November 10, 2014
09:35 EDTXActive equity options trading
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08:47 EDTAKSAK Steel announces USW members ratify new labor agreement
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