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This Analyst Says Sell Shares Of US Steel
Friday, August 21, 2015 - 7:57am | 360Read More...After China devalued its currency, some United States Steel Corporation (NYSE: X) investors are left more confused than ever. Will U.S. government protectionist measures (and cost-cutting initiatives) be enough to fight back against deflationary pressures from China? Gordon Johnson of Axiom...
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Morgan Stanley Offers 4 Reasons To Buy U.S. Steel
Tuesday, May 12, 2015 - 10:53am | 369Read More...In a report published Tuesday, Morgan Stanley analyst Evan Kurtz offered four reasons why now is the time to buy shares of United States Steel Corporation (NYSE: X). Shares of U.S. Steel are Overweight rated with a $35 price target. 1. Expectations Reset Lower U.S. Steel lowered its 2015...
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U.S. Steel Absorbing 'Steel Industry Pain,' Barclays Says
Monday, May 4, 2015 - 2:39pm | 342Read More...In a new report, analysts at Barclays updated their outlook for United States Steel Corporation (NYSE: X). Analysts note that U.S. Steel has done everything it can do to reduce costs and weather the current weak steel market environment, but they currently see limited upside for the stock....
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Markets Rally On Better Than Expected GDP; Dow Has Best Close In More Than A Month
Thursday, October 30, 2014 - 5:09pm | 1851Read More...U.S. stocks rose on Thursday after government data showed the U.S. economy grew 3.5 percent in the third quarter, better than the 3.0 percent expected. Investors brushed off a poor reading on the number of Americans filing for jobless benefits, which rose last week in favor of GDP data; this...
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#PreMarket Primer: Tuesday, May 20: Credit Suisse Pleads Guilty; Will Pay $2.6 Billion In Fines
Tuesday, May 20, 2014 - 7:08am | 1200Read More...Credit Suisse pleaded guilty in its criminal tax case on Monday and admitted its part in helping wealthy clients evade taxes. The firm will pay $2.6 billion worth of fines for failing to comply with tax laws by helping its customers open offshore accounts and destroying account records that...
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AK Steel Earnings Recap: Losses Widen, Production Issues
Tuesday, April 22, 2014 - 1:19pm | 146Read More...On Tuesday AK Steel (NYSE: AKS) reported its first quarter results. The steel-maker earned a net loss of $0.40 per share, beating the consensus estimate which called for a net loss of $0.43 per share. Revenue of $1.38 billion fell short of the consensus estimate by $20 million. In the quarter, AK...
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Deutsche Bank Updates 6/29/11
Wednesday, June 29, 2011 - 7:59am | 829Read More...Deutsche Bank made a number of updates in a research report published today. Legg Mason (NYSE: LM) had its rating upgraded from Hold to Buy. At the same time, its price target was raised from $36 to $38. On Tuesday, Legg Mason added 0.5% to its value to end the day at $31.94....
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Deutsche Bank Upgrades AKS, X To Buy
Wednesday, June 29, 2011 - 5:48am | 41Read More...Deutsche Bank has upgraded the following companies: AK Steel (NYSE: AKS) From Hold to Buy, PT $17.5 US Steel (NYSE: X) From Hold to Buy, PT $56
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Steel Names Weak In Early Trade (X, NUE, MT, AKS)
Thursday, March 31, 2011 - 9:40am | 120Read More...After a weak performance in yesterday's trading session, shares of steel companies are once again running into selling pressure in the early morning action. US Steel (NYSE: X), Nucor Corp (NYSE: NUE), Arcelor Mittal (NYSE: MT), and AK Steel Holding (NYSE: AKS) are all taking a hit in the first...
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Deutsche Bank's Metals and Mining Update
Friday, November 26, 2010 - 8:54am | 83Read More...Deutsche Bank has published its Metals and Mining Update which highlights the following stocks: Alcoa (AA.N),USD13.31 Hold, Price Target USD14.00 Alpha Natural Resources (ANR.N),USD50.88 Buy, Price Target USD55.00 Arch Coal (ACI.N),USD29.89 Buy, Price Target USD32.00 Barrick Gold (ABX.N),USD50.98...
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3Q Preview On U.S. Steel
Wednesday, October 13, 2010 - 6:51am | 148Read More...Deutsche Bank has issued a company alert on US Steel (NYSE: X) in anticipation of 2Q10 results. In the report, Deutsche Bank writes "Prior comments from X noted that profitability will decline in 3Q as a result of lower shipments & higher maintenance costs in its Flat rolled segment. Tubular is...
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Deutsche Bank's American Metals Summary
Monday, October 11, 2010 - 7:35am | 216Read More...Deutsche Bank has issued a report on Metals in the Americas as part of its "weekly wrap on rocks". In the report, Deutsche Bank writes "With the coal/steel sectors having outperformed the market in recent months and near-term indicators having turned mixed, we trim estimates (from slightly to...
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US Steel Breaks Higher Into Afternoon Session (X)
Tuesday, September 7, 2010 - 12:40pm | 148Read More...Shares of steel producers are surging in a sympathy trade off rumors US Steel (NYSE: X) will be taken over by Mital (NYSE: MT). X shares are up nearly 3.2% on volume of 11mil shares. vs full day 3 month average of 13mil shares. Options traders are focusing on the OTM front and back month calls....
