Stocks Rise 1%, Led By McDonald's, Other Bellwethers
at Investor's Business Daily - Thu Oct 22, 4:01PM CDT
The major averages rose more than 1% Thursday, closing near their intraday highs, following strong earnings reports from a number of market bellwethers. The Dow Jones industrial average jumped 1.9%, as McDonald's (MCD) and 3M (MMM) soared following...
MMM: 155.79 (-0.21), AMZN: 599.03 (+35.12), NUE: 43.50 (+0.90), CYH: 28.71 (+2.41), SKX: 31.64 (-14.55), UHS: 115.95 (+4.22), VFC: 63.75 (-9.46), SCAI: 29.00 (+0.41), HCA: 68.98 (+2.90), RCL: 97.99 (+3.29), AAL: 45.67 (-0.32), MCD: 112.59 (+1.72), GOOGL: 719.33 (+38.19), PG: 77.03 (+2.18), X: 11.73 (+0.44)
Stocks Lose Thrust With Hour Left; Steel Shows Rare Strength
at Investor's Business Daily - Thu Oct 22, 1:56PM CDT
Stock dashed ahead Thursday but lost considerable momentum heading into the final hour of trade. The Nasdaq was up 1.2% after being up 1.8%. The S&P 500 added 1.3%, while the small-cap Russell 2000 trailed with a 0.1% gain. Volume in the stock market...
JOY: 17.54 (+0.64), LII: 127.91 (+0.13), CAT: 71.75 (+0.87), X: 11.73 (+0.44)
Oct. 22 Premarket Briefing: 10 Things You Should Know
at The Street - Thu Oct 22, 5:46AM CDT
U.S. stock futures are rising and European shares trade mixed ahead of a European Central Bank policy meeting.
AMZN: 599.03 (+35.12), VRX: 116.16 (+6.29), AXP: 74.59 (+2.09), KORS: 38.53 (-0.93), INTC: 34.90 (+0.50), T: 33.74 (-0.22), EBAY: 28.16 (+0.58), JOE: 20.98 (-0.26), RHI: 50.96 (+0.96), LRCX: 74.57 (+1.96), MCD: 112.59 (+1.72), CFG: 24.22 (+1.35), GOOGL: 719.33 (+38.19), CAT: 71.75 (+0.87), MSFT: 52.87 (+4.84), RACE: 56.38 (-0.37), X: 11.73 (+0.44), UIL: 51.19 (+0.01)
AK Steel (AKS) to Idle Portions of Kentucky Works Plant
Zacks Equity Research - Zacks Investment Research - Wed Oct 21, 2:45PM CDT
AK Steel (AKS) is planning to temporarily idle the blast furnace and related steelmaking operations at its Ashland, Kentucky Works plant.
STLD: 18.72 (+0.26), NUE: 43.50 (+0.90), AKS: 2.66 (+0.02), X: 11.73 (+0.44)
U.S. Steel (X) Approaches New Downside Target of $10.88
Comtex SmarTrend(R) - Wed Oct 21, 9:04AM CDT
Shares of U.S. Steel (NYSE:X) have bearishly opened below the pivot of $11.57 today and have reached the first support level of $11.14. Investors may be interested in a cross of the next downside pivot targets of $10.88 and $10.19.
X: 11.73 (+0.44)
SmarTrend Watching for Potential Rebound in Shares of U.S. Steel After 5.56% Loss
Comtex SmarTrend(R) - Tue Oct 20, 4:42PM CDT
U.S. Steel (NYSE:X) traded in a range yesterday that spanned from a low of $11.32 to a high of $12.01. Yesterday, the shares fell 5.6%, which took the trading range below the 3-day low of $12.00 on volume of 9.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
X: 11.73 (+0.44)
U.S. Steel Falls 5.56% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Tue Oct 20, 4:41PM CDT
U.S. Steel (NYSE:X) traded in a range yesterday that spanned from a low of $11.32 to a high of $12.01. Yesterday, the shares fell 5.6%, which took the trading range below the 3-day low of $12.00 on volume of 9.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
X: 11.73 (+0.44)
Can Cliffs Natural Earnings Afford This Battle Right Now?
Dan Caplinger, The Motley Fool - Motley Fool - Tue Oct 20, 12:30PM CDT
Image source: Cliffs Natural Resources. Iron-ore producer Cliffs Natural Resources has struggled in recent years as prices for the raw material for steelmaking have plunged and forced the company to take dramatic action to concentrate on its...
CLF: 2.65 (+0.03), X: 11.73 (+0.44)
Global Steel Demand to Shrink in 2015 on China Slowdown
Zacks Equity Research - Zacks Investment Research - Fri Oct 16, 2:27PM CDT
Global steel demand is expected to contract this year as the industry continues to reel under sluggishness in China.
STLD: 18.72 (+0.26), NUE: 43.50 (+0.90), AKS: 2.66 (+0.02), X: 11.73 (+0.44), MT: 6.01 (+0.03)
Steel - Global Strategic Business Report 2015 - Price Volatility in Oil and Gas Sector Impacts Demand
M2 - Thu Oct 15, 2:34AM CDT
Research and Markets (http://www.researchandmarkets.com/research/hv54pj/steel_global) has announced the addition of the "Steel - Global Strategic Business Report" report to their offering. This report analyzes the worldwide markets for Steel in Thousand Metric Tons by the following End-Use Applications: Construction, Transportation, Machinery, Metal goods, Household Appliances, and Others. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, China, Asia-Pacific, Middle East, Latin America, and Africa. Annual estimates and forecasts are provided for the period 2014 through 2020. Also, a seven-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 151 companies including many key and niche players such as - Anshan Iron and Steel Group Corporation (China) - ArcelorMittal S.A. (Luxembourg) - Baosteel Co., Ltd (China) - EVRAZ Group S.A. (Russia) - EVRAZ NTMK (Russia) - Gerdau S.A. (Brazil) - Hebei Iron and Steel Group Company Limited (China) - JFE Steel Corporation (Japan) - Jiangsu Shagang Group (China) - Nippon Steel & Sumitomo Metal Corporation (Japan) - Nucor Corporation (USA) - POSCO (Korea) - Riva Group (Italy) - Sider?rgica Venezolana SIVENSA S.A (Venezuela) - Tata Steel Group (India) - Tata Steel Europe Ltd. (UK) - Tenaris S.A. (Luxembourg) - ThyssenKrupp Steel Europe (Germany) - United States Steel Corporation (US) Key Topics Covered: 1. INDUSTRY OVERVIEW 2. MARKET ENVIRONMENT AND KEY GROWTH INDICATORS 3. COMPETITION 4. INDUSTRY TRENDS & ISSUES 5. STEEL INDUSTRY - KEY FACTS & FIGURES 6. STEEL INDUSTRY - A RECENT PAST PERSPECTIVE 7. PRODUCT OVERVIEW 8. AN OVERVIEW OF MAJOR END-USE SEGMENTS 9. STAINLESS STEEL INDUSTRY - A SNAPSHOT 10. RECENT INDUSTRY ACTIVITY 11. FOCUS ON SELECT GLOBAL PLAYERS 12. GLOBAL MARKET PERSPECTIVE - The United States (34) - Canada (4) - Japan (22) - Europe (51) - - France (3) - - Germany (15) - - The United Kingdom (3) - - Italy (3) - - Spain (7) - - Rest of Europe (20) - Asia-Pacific (Excluding Japan) (63) - Latin America (9) - Middle-East (2) - Africa (2) For more information visit http://www.researchandmarkets.com/research/hv...eel_global
NUE: 43.50 (+0.90), X: 11.73 (+0.44), MT: 6.01 (+0.03), PKX: 41.90 (+0.50)
U.S. Raw Steel Production Slips on Lower Utilization
Zacks Equity Research - Zacks Investment Research - Wed Oct 14, 5:12PM CDT
U.S. raw steel production for the week ending Oct 10 shrank 1.3% on a week-on-week basis on reduced capacity utilization.
STLD: 18.72 (+0.26), NUE: 43.50 (+0.90), AKS: 2.66 (+0.02), X: 11.73 (+0.44), MT: 6.01 (+0.03)
Moldovan phishing scheme took $3.5M from drilling accounts
By JOE MANDAK - AP - Wed Oct 14, 2:20PM CDT
PITTSBURGH (AP) — A man from the eastern European country of Moldova ran an email phishing scheme that enabled him and others to steal banking information from U.S. companies, including $3.5 million taken from the accounts of a western Pennsylvania drilling firm, federal prosecutors said.
AA: 9.14 (+0.05), X: 11.73 (+0.44)
Look for Shares of U.S. Steel to Potentially Rebound after Yesterday's 5.57% Sell Off
Comtex SmarTrend(R) - Mon Oct 12, 4:43PM CDT
U.S. Steel (NYSE:X) traded in a range yesterday that spanned from a low of $11.50 to a high of $12.60. Yesterday, the shares fell 5.6%, which took the trading range below the 3-day low of $11.88 on volume of 8.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
X: 11.73 (+0.44)
U.S. Steel Set to Possibly Rebound After Yesterday's Selloff of 5.57%
Comtex SmarTrend(R) - Mon Oct 12, 4:42PM CDT
U.S. Steel (NYSE:X) traded in a range yesterday that spanned from a low of $11.50 to a high of $12.60. Yesterday, the shares fell 5.6%, which took the trading range below the 3-day low of $11.88 on volume of 8.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
X: 11.73 (+0.44)
U.S. Steel, USSC Reach Deal to Separate Operations
Zacks Equity Research - Zacks Investment Research - Mon Oct 12, 1:40PM CDT
Ontario Superior Court of Justice has cleared a transition agreement allowing U.S. Steel (X) to separate from its loss-making Canadian unit.
RYI: 6.30 (+0.16), BRSS: 23.50 (-0.34), X: 11.73 (+0.44)
U. S. Steel And USSC Reach Critical Agreement On Operations
CNW Group - Fri Oct 09, 4:00PM CDT
Includes provisions regarding plant loading of critical automotive products
X: 11.73 (+0.44)
U.S. Raw Steel Output Edges Down, Utilization Slips
Zacks Equity Research - Zacks Investment Research - Thu Oct 08, 5:26PM CDT
U.S. raw steel production for the week ending Oct 3 inched down 0.5% on a week-on-week basis on modestly lower capacity utilization.
STLD: 18.72 (+0.26), NUE: 43.50 (+0.90), AKS: 2.66 (+0.02), X: 11.73 (+0.44), MT: 6.01 (+0.03)
U.S. Steel Has Returned 28.5% Since SmarTrend Recommendation (X)
Comtex SmarTrend(R) - Thu Oct 08, 4:49PM CDT
SmarTrend identified a Downtrend for U.S. Steel (NYSE:X) on August 19th, 2015 at $17.66. In approximately 2 months, U.S. Steel has returned 28.52% as of today's recent price of $12.62.
X: 11.73 (+0.44)
Nucor vs. U.S. Steel: Which Is the Market's Top Steel Stock?
at The Street - Thu Oct 08, 1:34PM CDT
Steel no longer dominates the economy, but here’s one company to buy, and one to sell.
NUE: 43.50 (+0.90), X: 11.73 (+0.44)