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U.S. Steel agrees to discloses political spending following N.Y. State Common proposal

2015-03-23 23:04:18| Steel - Topix.net

New York State Common Fund withdrew a shareholder proposal it filed at United States Steel Corp. after the company agreed to disclose its political spending.

Tags: state common political steel

 

AK Steel Holding Downgraded to "Neutral" at Macquarie

2015-03-23 18:49:44| Steel - Topix.net

They currently have a $4.00 price target on the stock, down from their previous price target of $8.00. Macquarie's price objective would indicate a potential downside of 1.23% from the company's current price.

Tags: holding steel neutral macquarie

 
 

AK Steel: Pullback Offers An Excellent Investing Opportunity

2015-03-23 08:20:46| Steel - Topix.net

AK Steel issued guidance that in the first quarter it would post a loss in the range of $0.23 to $0.28 per diluted share. We believe domestic steel imports in the U.S. will decrease due to government intervention, and as a result AK Steel will benefit.

Tags: offers excellent opportunity steel

 

KB Home, Biogen, Macerich, Tiffany and AK Steel are big market movers

2015-03-20 22:16:38| Steel - Topix.net

Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: Fellow mall operator Simon Property boosted its hostile bid for the company, saying it was making its best and final offer. The steel company forecast a first-quarter loss because of an increase in imports and lower-than-expected shipments and prices.

Tags: home big market steel

 

Chinese steel could dictate the future for thousands of Alabama jobs

2015-03-20 21:11:40| Steel - Topix.net

U.S. Steel Corp. may be looking to fund projects in an effort to save jobs in Birmingham, but steel production in China continues at a pace that could make it difficult for Alabama manufacturers to compete. U.S. Steel Corp. may be looking to fund projects in an effort to save jobs in Birmingham, but steel production in China continues at a pace that could make it difficult for Alabama manufacturers to compete.

Tags: jobs future chinese thousands

 

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