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Options Radar: Infinera Corp., Under Armour Inc, and AK Steel Holding
2014-10-23 22:43:51| Steel - Topix.net
Adding to the bullish buzz is a round of brokerage notes, including a price-target hike to $14 from $13 at Goldman Sachs, and a spot on the brokerage firm's coveted "Conviction Buy" list. In the options pits, calls are trading at 24 times the average intraday rate, and are outpacing puts by a nearly 12-to-1 margin.
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Nucor profit up 66% on strong demand for steel
2014-10-23 18:47:18| Steel - Topix.net
Nucor Corp. said its third-quarter earnings rose 66% on stronger demand for the steelmaker's products, particularly from improving energy and automotive markets. Nucor, which is based in Charlotte, N.C., and operates scrap-based plants known as minimills, recently completed its $770 million purchase of Midwestern steel mill Gallatin Steel Company.
Tags: strong
demand
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Steel Dynamics' (STLD) CEO Mark Millett on Q3 2014 Results - Earnings Call Transcript
2014-10-22 01:57:02| Steel - Topix.net
Richard P. Teets - Co-Founder, Executive Vice President of Steelmaking, Executive Director, President of Steel Operations and Chief Operating Officer of Steel Operations Russel B. Rinn - Executive Vice President of Metals Recycling, President of Omnisource Corporation and Chief Operating Officer of Omnisource Corporation
Why U.S. Steel (X) Stock Is Up Today
2014-10-21 22:06:43| Steel - Topix.net
In a letter sent to Russian authorities the Department of Commerce gave 60 days notice of the termination, saying anti-dumping duties will apply beginning Dec. 16, according to Reuters . The previous agreement sheltered Russian steel companies from duties up to 184.56% on hot-rolled, flat-rolled, carbon quality steel.
Why Steel Dynamics (STLD) Stock Is Rising Today
2014-10-21 22:06:42| Steel - Topix.net
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