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AK Steel ( AKS +0.4% ) edges higher after BofA Merrill Lynch issues a two-notch upgrade to Buy from Underperform with a $6 price target, raised from $5, as the firm says it is now modeling 2019 spot benchmark hot rolled coil at $750/short ton vs. $700/short ton previously. More news on...
This article is part of a series that provides an ongoing analysis of the changes made to Ole Andreas Halvorsen's 13F stock portfolio on a quarterly basis. It is based on Viking Global's regulatory 13F Form filed on 08/14/2018. Please visit our Tracking Ole Andreas Halvorsen's Viking Global...
Copper prices fell for the second straight session, with Comex copper for September delivery -0.7% to $2.609/lb., and industrial metals companies were among the day's worst stock market performers: FCX -3.5% , BHP -2.3% , RIO -1.5% , VALE -2% , X -4.4% , NUE -2% , MT ...
Analyst Piyush Sood delivers a two-notch downgrade to U.S. Steeel (NYSE: X ), cutting to Underweight from Overweight, with price target trimmed to $30 from $44. More news on: United States Steel Corporation, Steel Dynamics, Inc., AK Steel Holding Corp, Stocks on the move, , Read m...
NEW YORK, Aug. 22, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Noble Corporation (NYSE:NE), Spero Therapeutics, Inc. (NASDAQ:SPRO), AK S...
You can say whatever you want about tariffs and the pros and cons on both sides of the argument, but with respect to the metals and mining companies, keep your 'pros' to yourself. The group has been stuck in a downtrend ever since the topic of tariffs first came up, and it's now basically in f...
Steel tariffs are rescuing an iconic U.S. industry that was in danger of closing, and the competition American companies will face in the future will be mostly domestic because of his actions, Pres. Trump told WSJ in an interview. More news on: VanEck Vectors Steel ETF, United St...
Canada's government takes a key step toward imposing potential new tariffs and quotas on seven imported steel products in an attempt to protect domestic producers, with Finance Minister Morneau saying a surge in foreign steel may be disrupting the market. More news on: United States Stee...
At the beginning of the month, the Environmental Protection Agency (EPA) and the Highway Traffic Safety Administration (HTSA) proposed rule changes to the Corporate Average Fuel Economy (CAFÉ) requirements and greenhouse emission standards for new passenger cars and light trucks sold in U...
Pres. Trump tweets that he has authorized a doubling of tariffs on steel and aluminum from Turkey ; levies on steel would be 50% and aluminum 20%, Trump says. More news on: United States Steel Corporation, AK Steel Holding Corp, Nucor Corporation, Commodities news, News on ETFs, Read ...
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Nucor Corp. (NYSE: NUE) stock is currently trading at a five-year low. In fact, the shares are very near a 10-year low as well. At this point, they are down around 50% from the highs reached in early 2018. That's a painful decline, to be sure, but the bigger question now is whether or not th...
Are These 5 Names On Your List Of Penny Stocks To Watch This Week? This was a crazy week for trading penny stocks and blue-chip stocks alike. not only did we see massive swings in either direction, but headlines were also a huge force too. Whether it was the latest news of coronavirus cas...
Cleveland-Cliffs Inc. (NYSE: CLF) (“Cliffs”) and AK Steel Holding Corporation (NYSE: AKS) (“AK Steel”) jointly announced that, at their respective special shareholder/stockholder meetings held earlier today, the shareholders of Cliffs and the stockholders of AK Ste...