POSCO (ADR)

NYSE: PKX
$42.07
+$0.30 (+0.7%)
Closing price September 28, 2020
If there was one issue which may have created uncertainty around the credit ratings of South Korea, it was the death of dictator Kim Jong-Il in North Korea.  We just recently featured South Korea...
It seems that all of the nations around the world are facing sovereign credit ratings downgrades or warnings of downgrades. After the United States lost its prized “AAA” rating, the threat of...
If there is one of several regions which can erupt rapidly, it is around the Korean Peninsula.  The death of Kim Jong-il (that photo is a tribute photo for him) after a heart attack has caused...
Today’s top debt rating story has to be the downgrade by Moody’s of Italian bonds by three notches, from ‘Aa2’ to ‘A2’, while keeping a negative outlook on the...
Time now for our daily look at commodity prices and news. Swiss-based commodities trading house Glencore International AG is expected to conduct an IPO on the Hong Kong exchange around the end of...
Swiss-based commodities trading house Glencore International expects to conduct an initial public offerin gon the Hong Kong exchange around the end of April. The company aims to raise $10 billion...
Some of the largest steelmakers in the world have been hoping to see a fall in the price of iron ore, but such a decline does not appear to be on the horizon. A combination of a new pricing scheme,...
The news was expected to be setting up for headlines such as “No rate hikes from the Bank of England nor from the European Central Bank” this morning.  South Korea changed that news flow.  The...
Wednesday was a strong day for U.S. stocks as at least some fears are waning on overseas pressure.  South Korea rallied as the skirmish between the two Koreas did not escalate and as trading...
War and the fear of war create uncertainty for financial markets.  If there is one place in the world that you can count on uncertainty rising from throughout the years it is North Korea and South...
These are this morning’s top analyst upgrades and positive research calls from Wall Street firms we have seen with about two hours until the market opens: Citigroup (C) Started as Buy at...
The rate of downgrades versus upgrades is still coming out with a much more negative bias from Wall Street.  These are some of the downgrades and negative research calls we have seen from Wall...