Recessions are generally brutal for the steel and specialty metals industry. A new Credit Suisse report outlines what it calls a perfect storm for steelmakers.
In an effort to prioritize cash and liquidity, U.S. Steel wants to remain well prepared for when the global economy ultimately recovers.
Jon C. Ogg With Alcoa being a leader in aluminum, the problem here is that many investors see problems in aluminum also translating into problems for companies involved in steel, copper, titanium and other industrial…
Tuesday's top analyst upgrades, downgrades and initiations included Amazon.com, Apple, Bed Bath & Beyond, BP, GameStop, Meet, PTC, Total, Visa and Wynn Resorts.
U.S. Steel announced late Thursday that it will shut down most of its Great Lakes Works plant, cut its dividend, and terminate its share buyback program as it tries to weather tough…
Paul Ausick Thursday's top analyst upgrades, downgrades and initiations included AECOM, AGCO, AK Steel, AT&T, Beyond Meat, Cisco Systems, Energizer, Kraft Heinz, Nucor, Ping, SmileDirectClub, U.S. Steel and Verizon.
Tuesday's top analyst upgrades, downgrades and initiations included Amgen, Beyond Meat, Cisco, Home Depot, Microsoft, RingCentral, Shake Shack, Tilray, Uber, Under Armour and U.S. Steel.
U.S. Steel has acquired a minority stake in privately held steelmaker Big River Steel for $700 million. The steelmaking giant has a four-year option to purchase the remaining stake.
Paul Ausick 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…
The top analyst upgrades, downgrades and initiations for Thursday included Beyond Meat, U.S. Steel, Check Point Software, Applied Materials, AutoZone and Costco Wholesale.
The rotation from high growth-stocks to value stocks has been a key theme of September, which means that shares of companies that had lagged the broader bull market were starting to shine.
In the wake of multiple analyst downgrades and price target cuts from major Wall Street firms, Goldman Sachs now has downgraded U.S. Steel. The firm maintained other Neutral and Buy ratings on…
The top analyst upgrades, downgrades and initiations seen on Tuesday included Alibaba, Alphabet, Apple, Baidu, Box, Kohl's, Lyft, Netflix, Twitter, Uber Technologies and U.S. Steel.
With new tariffs on Mexico now in the mix, some companies are taking it on the chin far worse than others. 24/7 Wall St. has identified eight serious losers on Friday.
There is more pain coming for the steel industry. At least that is the take from Deutsche Bank.
