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Merrill Lynch Still Sees Massive Turnaround Upside in AK Steel

Analyst upgrades are a great opportunity for investors to reevaluate their positions in different markets, whether it is commodities or technology. In this case, Merrill Lynch sees a buying opportunity ...
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More Turnaround Concerns for Steel Industry, Including US Steel

Steel companies were supposed to be entering a turnaround in 2015. The strong dollar and weaker international markets have gotten in the way. Most earnings reports from the U.S.-based international ...
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Are Steel and Metal Stocks Forming a Bottom?

Investors are always on the lookout for solid value in stocks, and sometimes that value comes from down and out stock sectors. It turns out that many of the key steel ...
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Can US Steel Companies Ever Realize Their Turnarounds?

In the past three days, three steel companies have provided first-quarter guidance. One cut earnings forecasts drastically and the other two both offered weak outlooks. Nucor Corp. (NYSE: NUE) said ...
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As US Steel Idles Minn. Plant, Will More Plant Idling Follow?

The woes continue to pile on for United States Steel Corp. (NYSE: X) as it announced that it will be idling yet another plant. This might not be moving the ...
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AK Steel Turnaround Shows Through Earnings

AK Steel Holding Corp. (NYSE: AKS) has been caught between a rock and a hard place in its turnaround efforts. Just when the company looked as though it was recovering, ...
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Can Peabody and AK Steel Earnings Bring Turnarounds?

Tuesday is going to be a mess of the day in much of the Northeast, but corporate earnings will still be coming out in droves. Peabody Energy Corp. (NYSE: BTU) ...
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Falling Oil Forces US Steel Facility Closures

United States Steel Corp. (NYSE: X) will lay off roughly 750 employees between two plants, undoubtedly the result of falling oil prices. It is worth noting that these facilities are ...
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AK Steel Earnings Signal Turnaround Continues

AK Steel Holding Corp. (NYSE: AKS) reported its third-quarter results Tuesday before the market open as -$0.05 in earnings per share and $1.59 billion in revenue. Thomson Reuters had consensus ...
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What to Expect From AK Steel Earnings

AK Steel Holding Corp. (NYSE: AKS) will report its third-quarter earnings Tuesday before the market open. Thomson Reuters has consensus estimates of $0.09 in earnings per share and $1.49 billion ...
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Analyst Sees Cliffs Going off the Cliff

Cliffs Natural Resources Inc. (NYSE: CLF) released its sustainability report on Tuesday, and it has resulted in a slight jump for shares of Cliffs in early trading on Wednesday before selling ...
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US Steel Wins From Outlook and Creditor Protection in Canada

United States Steel Corp. (NYSE: X) plans to take strategic action to strengthen its position within a changing steel industry, and so far the share price would say it is ...
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Merrill Lynch Sees Major Turnaround Continuing in AK Steel

AK Steel Holding Corp. (NYSE: AKS) is seeing its shares surge on news that Bank of America Merrill Lynch issued a crucial upgrade for the stock. One has to recall ...
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Other Companies That Could (or May) Divest Assets Like BHP

Australian mining giant BHP Billiton Ltd. (NYSE: BHP) is working on a plan to spin off its underperforming assets. Its shares were higher Tuesday as investors speculated the value of ...
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Rio Tinto, BHP Slammed as Iron Ore Price Collapses

The contract price for iron ore delivered to China fell 8.3% on Monday to an 18-month low of $104.70 per metric ton (tonne). That is the second-largest one-day fall on ...
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