ArcelorMittal is a leading global steel and mining company, with a significant presence in the United States, Europe, and other parts of the world. It produces a wide range of steel products, including flat and long steel products for various industries like automotive, construction, and energy. Beyond steel, ArcelorMittal is involved in mining, offering iron ore and coal. Founded in 1976 and headquartered in Luxembourg, it plays a crucial role in serving the needs of diverse industries around the globe.
Credit risk analysts at Moody's have changed their outlook on the metals and mining sector from stable to negative. Only one mining industry may have a better experience.
Before markets open on Thursday, a Dow stock, a steelmaker, a coal miner and a social media giant are on deck for earnings reports.
Friday's top analyst upgrades and downgrades included Abbott Laboratories, ArcelorMittal, AT&T, Chewy, Clean Energy Fuels, Fisker, Freeport-McMoRan, Intel, Las Vegas Sands, Lennar, Marathon Digital, Pag Seguro Digital, Seagate Technology, Twilio and Walmart.
Here's a look at two companies, a cryptocurrency miner and one of the world's largest steelmakers, expected to report quarterly results before the markets open on Thursday.
Thursday's top analyst upgrades and downgrades included AT&T, Abbott Laboratories, Avis Budget, Bed Bath & Beyond, Beyond Meat, Caterpillar, UPS, Walmart and Wynn Resorts.
Thursday's top analyst upgrades and downgrades included Advanced Micro Devices, ArcelorMittal, Baker Hughes, Delta Air Lines, EOG Resources, Foot Locker, NXP Semiconductor and Plug Power.
Metals and mining companies posted strong gains over the past 12 months and the surge may continue if Congress and the president can get a massive infrastructure bill enacted.
Monday's top analyst upgrades and downgrades included American Eagle Outfitters, Baidu, GameStop, Halliburton, Mosaic, Regeneron Pharmaceuticals, Salesforce.com, Take-Two Interactive Software and Wells Fargo.
Tuesday's top analyst upgrades and downgrades included Airbnb, American Express, Arch Capital, Carlyle, Darden Restaurants, Facebook, Eli Lilly and Nio.
Materials and metals stocks had a good year in 2020 and are getting off to a good start in 2021 on investor optimism for a large and rapidly enacted infrastructure program from…
Iron ore miner Cleveland-Cliffs has agreed to acquire ArcelorMittal USA in a cash and stock deal valued at $1.4 billion.
Wednesday's top analyst upgrades and downgrades included Bluebird Bio, Ciena, CommVault Systems, Dollar General, JD.com, Kroger, Nucor, Target and Walmart.
U.S. Steel shares dropped sharply on Thursday after the firm cut the guidance for its third quarter. Looking at the chart, it’s not surprising that this stock is headed even lower, after…
Jefferies analysts have met with management teams from the major steel companies and came away feeling very positive on the set-up for the rest of the year.
The top analyst upgrades, downgrades and initiations seen on Friday included ArcelorMittal, Barclays, Cree, Ctrip.com, Michael Kors, PVH, Skyworks Solutions, TripAdvisor, YRC Worldwide and Yelp.
