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Tag: steel
Nippon Steel & Sumitomo Metal cuts profit outlook
2015-01-29 08:28:31| Steel - Topix.net
Nippon Steel & Sumitomo Metal Corp. said Thursday that it cut its net profit forecast for this fiscal year, citing a Y68.6 billion extraordinary loss at an affiliate in Brazil. The Japanese steelmaker lowered its net profit view for the year ending March 31 by Y70 billion to Y180 billion.
Tags: metal
profit
steel
outlook
Analyst Downgrades: AK Steel Holding Corporation, Open Text Corporation, and VMware, Inc.
2015-01-29 06:23:50| Steel - Topix.net
Ahead of the bell, the shares are sitting nearly 3% higher, poised to extend yesterday's advance. Longer term, this represents a change of pace for AKS, considering the stock has shed more than two-fifths of its value in the last year to land at $4.25.
Tags: inc
text
open
corporation
Steel Dynamics Reports 2014 Fourth Quarter and Full-Year Results
2015-01-29 02:09:11| Steel - Topix.net
Steel shipments of 7.4 million tons, with individual records from Butler Flat Roll, Columbus Flat Roll, Engineered Bar Products, and Structural and Rail Divisions Steel Dynamics, Inc. today announced 2014 fourth quarter and full-year results. Excluding non-cash fixed asset impairment charges related to the company's Minnesota Operations of operations was steady in the fourth quarter 2014, indicating a consistency of production capability and the ability to utilize lower-cost raw materials.
Tags: results
reports
steel
fourth
Steel Dynamics: Why This Steel Player Will Continue Getting Better
2015-01-28 22:04:33| Steel - Topix.net
Steel Dynamics has been consistently impressive in the stock market. The major contributor to Steel Dynamics' growth story has been the acquisition of Columbus Mississippi.
Tags: will
continue
player
steel
U.S. Steel (X) Stock Spiking Today on Strong Fourth Quarter Earnings
2015-01-28 17:55:03| Steel - Topix.net
The company reported net income of $1.83 per share, lower compared to the $1.93 per share from a year earlier, but topped analysts' estimates of 84 cents per share for the fourth quarter. Revenue of $4.07 billion for the fourth quarter also surpassed the $3.93 billion consensus estimate for the period.
Tags: today
stock
strong
steel
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