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Posts related to ‘STLD’

Bull and Bear figures

24/7 Wall St. Closing Bell — January 29, 2013: Markets Shake Off Slow Start, Post Gains (STX, TSN, SBUX, ANF, CAT, YHOO, STX, STLD, BSX, DHI, F, BTU, PFE, VLO, AMZN, BRCM, RYL, RHI, ADT, LLL, PSX, NOC, SO, KERX, VMW, OCZ)

U.S. equity markets opened slightly lower this morning following not-much in the way of new data and a wait-and-see attitude until tomorrow’s meeting announcement from the FOMC, which began a ...
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Bull and Bear figures

24/7 Wall St. Closing Bell — January 28, 2013: Markets Open Mixed, Close Nearly Flat (AKS, HEP, NWSA, FB, BBY, CAT, ROP, SIFY, BIIB, YHOO, STX, VMW, STLD, BSX, DHI, F, BTU, PFE, VLO, KERX, JOSB, HLF)

U.S. equity markets opened mixed this morning on relatively little new data. In Europe, Italian consumer confidence rose more than expected and Germany auctioned 12-month bills at a positive yield ...
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More Downside for Steelmaker

Steelmaker and recycler Schnitzer Steel Industries Inc. (NASDAQ: SCHN) said today that it expects net income for its first fiscal quarter of 2013 ending this month to be breakeven before ...
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Steelmakers Get Another Knockdown (AKS, NUE, STLD, X, MT, SCHN)

Steelmaker AK Steel Holdings Corp. (NYSE: AKS) reported quarterly earnings today and the results that were better than expected, but earnings per share (EPS) still came in negative. AK Steel ...
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24/7 Wall St. Closing Bell — October 18, 2012: Markets Open Low, Close Lower (AAPL, DUK, COP, POT, HOG, AXP, EBAY, NE, SCSS, STLD, BSX, DO, MS, NVR, PM, LUV, SVU, UNP, VZ, AMD, COF, CMG, MSFT, RVBD, BHI, HON, KSU, SLB, GOOG, CLWR, S, NOK)

The three major U.S. stock indexes opened lower this morning and really never got on track the entire day. The lower opening was likely a reaction to China’s weakest quarterly ...
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24/7 Wall St. Closing Bell — October 17, 2012: Markets Don’t Move Much Today (C, CSCO, TWX, RYL, ADTN, BAC, CSX, IBM, INTC, URI, ABT, BK, BLK, CHKP, CMA, HAL, KCG, PEP, USB, AXP, EBAY, NE, STLD, BSX, DO, MS, NVR, PM, LUV, SVU, UNP, VZ, CYMI, APOL, FTNT)

The three major U.S. stock indexes opened lower this morning, and never really got untracked all day. Spanish 10-year bond yields fell 28 basis points to around 5.51%, while Spain ...
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Steel Industry Outlook Turns Negative

Saying that demand will be soft and prices will be low, Moody’s today changed its outlook for the U.S. steel industry to ‘negative’, indicating that conditions in the steel business ...
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Some U.S. Stocks Jumping on Big News from China (BTU, ANR, ACI, JRCC, X, NUE, MT, AKS, STLD, CAT, JOY, DE)

We noted earlier this morning that China’s National Development and Reform Commission has approved a plan to spend RMB1 trillion (about $158 billion) on infrastructure projects in an effort to ...
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Steelmaker Schnitzer Slashes Forecast, Will Fire 300 (SCHN, AKS, MT, X, NUE, STLD)

Steelmaker Schnitzer Steel Industries Inc. (NASDAQ: SCHN) announced this morning that it would fire 300 workers in a restructuring the company said will save $25 million annually. The restructuring is ...
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U.S. Steel Earnings Saves the Metal Makers (X, AKS, NUE, RS, SCHN, STLD, MT, AA)

United States Steel Corp. (NYSE: X) is surging after its earnings report. While earnings were half of what they were a year ago, the report was "less bad" than analysts ...
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24/7 Wall St. Closing Bell — July 24, 2012: Markets Fall on Weak Quarterly Results

The three major US stock indexes opened roughly flat this morning as Spanish 10-year bond yields rose to 7.5% and Moody’s cut Germany’s outlook to ‘negative’ after the markets closed ...
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24/7 Wall St. Closing Bell — July 23, 2012: Markets Fade Eurozone Continues Faltering

The three major US stock indexes opened lower this morning as Spanish 10-year bond yields rose sharply above 7% (our coverage here) and German magazine Der Spiegel published a story ...
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24/7 Wall St. Closing Bell — July 19, 2012: Market Sags on More European, Spanish Woes

The three major US stock indexes opened lower this morning after Spanish bond yields rose above 7% again and the country’s Valencia region asked for central government assistance in paying ...
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Steel’s Slow-Motion Recovery (AKS, X, NUE, STLD, MT, AA)

Global demand for steel remains weak even as prices for iron ore rise slightly indicating that steelmakers could be in for another tough quarter. As if on cue, AK Steel ...
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After the Fall: A Value Choice in Base Metals and Steel (RIO, VALE, BHP, X, NUE, STLD, MT, FCX, SCCO, AA)

The single most important word in world markets for base metals and steel is “China.” With the slow-motion economic recovery in the global economy, the expected 8% or so growth ...
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