Today's noteworthy initiations include: AerCap (AER) initiated with a Buy at DA Davidson... Air Lease (AL) initiated with a Buy at DA Davidson... Aircastle (AYR) initiated with a Neutral at DA Davidson... CIT Group (CIT) initiated with a Buy at DA Davidson... Calumet Specialty Products (CLMT) initiated with a Buy at Janney Capital... Cliffs Natural (CLF) initiated with a Sell at Axiom... Hanwah Q CELLS (HQCL) initiated with a Buy at Roth Capital... Joy Global (JOY) initiated with a Buy at Axiom... Masonite (DOOR) initiated with a Hold at Stifel... Rio Tinto (RIO) initiated with a Neutral at Axiom... SunEdison (SUNE) initiated with a Hold at Axiom... Teladoc (TDOC) initiated with an Outperform at FBR Capital... U.S. Steel (X) initiated with a Sell at Axiom... USD Partners (USDP) initiated with a Buy at Janney Capital... United Rentals (URI) initiated with a Sell at Axiom... Yingli Green Energy (YGE) initiated with a Sell at Axiom.

Backs FY24 Bauxite production view at 53-56 Mt, Aluminum production at 3.2-3.4Mt, Mined Copper production at 660-720kt.

Metals & Mining Analyst Englert, along with Rye Druzin of Argus Media, discuss recent flat rolled steel pricing, supply and demand trends, and the near-term outlook for fundamentals (relevant companies ASTL CLF NUE STLC STLD X RS WS) on an Analyst/Industry conference call to be held on April 19 at 11 am.