08:45 AM
Goldman lifts U.S. steelmakers to Attractive. "Steel and scrap prices in the U.S. have bottomed in our view, Chinese prices are rising, inventories remain low, a weak dollar has brought the U.S. close to being a net exporter, and we expect better industrial and auto demand in 2010," firm says, adding U.S. Steel (X) to its Conviction Buy list while removing Freeport-McMoRan Copper & Gold (FCX). X +3.5% premarket. STLD +3.5%. AKS +2.7%. NUE +2.3%. FCX -0.1%.
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Monday, October 19, 2009
17:09 PMSteel Dynamics (STLD): Q3 EPS of $0.30 beats by $0.07. Revenue of $1.2B (-54%) vs. $1.1B. Shares +4.4% AH. (PR)
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17:55 PM
With markets up almost 50% since March, fund managers are generally treading carefully. Here are some stocks the group says may still have some juice: Commodities (RIG, STLD), healthcare (ABT, GILD), business spending (AMD, ASML), and top fliers that were left behind (BMY, VZ, WMT).
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Wednesday, July 22, 2009
17:58 PMSteel Dynamics (STLD): Q2 EPS of -$0.08 beats by $0.03. Revenue of $792M (-67%) vs. $740M. Shares +4.2% AH. (PR)
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