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Deutsche Bank Downgrades United States Steel Co. (X) to Sell

2015-12-19 18:12:41| Steel - Topix.net

They presently have a $5.00 price objective on the stock, down from their prior price objective of $13.00. Deutsche Bank's price objective points to a potential downside of 37.58% from the stock's previous close.

Tags: united states united states sell

 

Five-Axis Vise features 4140 steel construction.

2015-12-18 14:31:08| Industrial Newsroom - All News for Today

With up to 4,000 lb of precision clamping force, DoveLock™ Vise holds parts without distorting workpiece while providing access to 5 sides of workpiece. Dovetail holding feature, requiring only 1/8 in. of material height to hold part, simplifies workpiece material preparation so that no machined jaws are necessary. For fast positioning in vise jaws, DoveLock™ features embedded locating pin. Vise offers 2.00 in. jaw width, max jaw opening of 1.688 in., and overall stroke of .500 in.

Tags: features construction steel vise

 
 

Investment bank's downgrade dents U.S. Steel shares; CarHop fined...

2015-12-18 06:21:26| Steel - Topix.net

U.S. Steel shares fell 10 percent Thursday after Deutsche Bank downgraded the stock to sell from hold. The investment bank also downgraded AK Steel and iron ore producer Cliffs Natural Resources, citing the steel indistry's constrained cash flows and weak commodity prices.

Tags: investment steel banks shares

 

AK Steel Provides Fourth Quarter 2015 Earnings Guidance

2015-12-18 03:11:28| Steel - Topix.net

AK Steel said that it expects to report a net loss of per diluted share for charges related to the previously announced temporary idling of the blast furnace and related steelmaking operations at its Works facility and an impairment charge on its investment in its discontinued insurance operations . The company said that it expects lower shipments in the fourth quarter compared to the third quarter principally due to the ongoing effects in the carbon steel spot market from what the company believes are unfairly traded steel imports.

Tags: steel fourth quarter guidance

 

LG 'Black Stainless Steel' Kitchen Appliances Bring Bold Update To Classic Finish

2015-12-17 16:22:34| Electronics - Topix.net

Today, in celebration of this industry design trend debuted by LG, HGTV design stars are co-hosting "Limitless Design," a first-of-its-kind showcase of kitchen design possibilities presented in a way never done before bringing Pinterest boards from the digital world to the real world. LG's new black stainless finish, featured in an array of new refrigerators, ranges, dishwashers and microwaves, is an exciting evolution to the traditional stainless steel that has become a mainstay in tens of millions of American kitchens.

Tags: black update classic bring

 

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