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On The Fly
Week in review: How Trump's policies moved stocks » 08:20
06/27/20
06/27
08:20
06/27/20
08:20
FB

Facebook

$215.86 /

-19.73 (-8.37%)

, UL

Unilever

$56.16 /

-0.385 (-0.68%)

, VZ

Verizon

$53.15 /

-1.12 (-2.06%)

, PG

Procter & Gamble

$115.12 /

-2.74 (-2.32%)

, TWTR

Twitter

$29.05 /

-2.32 (-7.40%)

, CSCO

Cisco

$46.32 /

+1.08 (+2.39%)

, ERIC

Ericsson

$9.27 /

-0.25 (-2.63%)

, NOK

Nokia

$4.34 /

-0.105 (-2.36%)

, MU

Micron

$48.50 /

-0.69 (-1.40%)

, WDC

Western Digital

$40.88 /

-1.73 (-4.06%)

, ACIA

Acacia Communications

$68.28 /

+0.02 (+0.03%)

, LITE

Lumentum

$75.99 /

+0.39 (+0.52%)

, IIVI

II-VI

$48.29 /

-1.75 (-3.50%)

, AKS

AK Steel

$1.61 /

+ (+0.00%)

, MT

ArcelorMittal

$10.16 /

-0.47 (-4.42%)

, NUE

Nucor

$40.62 /

-0.835 (-2.01%)

, STLD

Steel Dynamics

$25.42 /

-1.28 (-4.79%)

, TMST

TimkenSteel

$3.66 /

-0.22 (-5.67%)

, X

U.S. Steel

$7.16 /

-0.41 (-5.42%)

Catch up on the top…

Open Full Text

ShowHide Related Items >><<
X U.S. Steel
$7.16 /

-0.41 (-5.42%)

WDC Western Digital
$40.88 /

-1.73 (-4.06%)

VZ Verizon
$53.15 /

-1.12 (-2.06%)

UL Unilever
$56.16 /

-0.385 (-0.68%)

TWTR Twitter
$29.05 /

-2.32 (-7.40%)

TMST TimkenSteel
$3.66 /

-0.22 (-5.67%)

STLD Steel Dynamics
$25.42 /

-1.28 (-4.79%)

PG Procter & Gamble
$115.12 /

-2.74 (-2.32%)

NUE Nucor
$40.62 /

-0.835 (-2.01%)

NOK Nokia
$4.34 /

-0.105 (-2.36%)

MU Micron
$48.50 /

-0.69 (-1.40%)

MT ArcelorMittal
$10.16 /

-0.47 (-4.42%)

LITE Lumentum
$75.99 /

+0.39 (+0.52%)

IIVI II-VI
$48.29 /

-1.75 (-3.50%)

FB Facebook
$215.86 /

-19.73 (-8.37%)

ERIC Ericsson
$9.27 /

-0.25 (-2.63%)

CSCO Cisco
$46.32 /

+1.08 (+2.39%)

AKS AK Steel
$1.61 /

+ (+0.00%)

ACIA Acacia Communications
$68.28 /

+0.02 (+0.03%)

FB Facebook
$215.86 /

-19.73 (-8.37%)

06/25/20 Baird
Facebook price target raised to $300 from $240 at Baird
06/24/20 Goldman Sachs
Facebook price target raised to $265 from $250 at Goldman Sachs
06/18/20 Morgan Stanley
Section 230 change likely a multi-year process, says Morgan Stanley
06/16/20 JPMorgan
JPMorgan continues to prefer Facebook, Snap in online advertising
UL Unilever
$56.16 /

-0.385 (-0.68%)

06/11/20 Gordon Haskett
Gordon Haskett speculates on Colgate as Unilever target after single parent news
06/08/20 Barclays
Unilever price target raised to EUR 43.10 from EUR 42 at Barclays
06/04/20 Societe Generale
Unilever price target lowered to EUR 37 from EUR 38 at Societe Generale
05/04/20 JPMorgan
Unilever price target raised to 4,300 GBp from 3,850 GBp at JPMorgan
VZ Verizon
$53.15 /

-1.12 (-2.06%)

06/11/20 Wells Fargo
T-Mobile price target raised to $120 from $110 at Wells Fargo
05/20/20 KeyBanc
T-Mobile price target raised to $126 from $104 at KeyBanc
05/04/20 Needham
Ceragon longer-term news continues to improve, says Needham
04/28/20 SunTrust
Verizon price target raised to $65 from $60 at SunTrust
PG Procter & Gamble
$115.12 /

-2.74 (-2.32%)

06/11/20 Jefferies
Procter & Gamble added to Franchise Picks List at Jefferies
05/18/20 Gordon Haskett
Colgate, Dollar Tree speculated as possible Peltz targets by Gordon Haskett
04/20/20 Stifel
Procter & Gamble price target raised to $129 from $117 at Stifel
04/01/20 BofA
Apple, Netflix among BofA's Top 10 U.S. ideas for Q2
TWTR Twitter
$29.05 /

-2.32 (-7.40%)

06/22/20 Citi
Twitter price target raised to $36 from $30 at Citi
06/15/20 Vertical Group
Twitter upgraded to Positive from Mixed at Vertical Group
CSCO Cisco
$46.32 /

+1.08 (+2.39%)

06/16/20
Fly Intel: Top five analyst upgrades
06/16/20 BofA
Cisco upgraded to Buy from Neutral at BofA
06/16/20 BofA
Cisco upgraded to Buy from Neutral at BofA
06/10/20
Fly Intel: Top five analyst downgrades
ERIC Ericsson
$9.27 /

-0.25 (-2.63%)

04/17/20 Credit Suisse
Ericsson price target raised to SEK 98 from SEK 97 at Credit Suisse
03/30/20 BofA
US 1 List changes at BofA
03/30/20 Cowen
Ericsson upgraded to Outperform from Market Perform at Cowen
03/27/20 Raymond James
Raymond James upgrades Ericsson with networking an essential service
NOK Nokia
$4.34 /

-0.105 (-2.36%)

06/25/20 Deutsche Bank
Nokia price target raised to EUR 4.80 from EUR 4 at Deutsche Bank
06/01/20 JPMorgan
JPMorgan upgrades Nokia to Overweight with 5G cycle 'just starting'
06/01/20 JPMorgan
Nokia upgraded to Overweight from Neutral at JPMorgan
05/05/20 Deutsche Bank
Nokia price target raised to EUR 4 from EUR 3.80 at Deutsche Bank
MU Micron
$48.50 /

-0.69 (-1.40%)

06/26/20 KeyBanc
Memory supply remains limited in 2H amid low visibility, says KeyBanc
06/23/20
Fly Intel: Top five analyst downgrades
06/23/20 BMO Capital
Micron downgraded to Market Perform from Outperform at BMO Capital
06/19/20 Wells Fargo
Micron price target raised to $65 from $55 at Wells Fargo
WDC Western Digital
$40.88 /

-1.73 (-4.06%)

06/22/20 Benchmark
Western Digital upgraded to Buy from Hold at Benchmark
06/19/20 Benchmark
Benchmark says Samsung's NAND chip issues likely positive for HDD makers
06/08/20 Rosenblatt
Rosenblatt starts Western Digital at Neutral, sees technology lagging Seagate
ACIA Acacia Communications
$68.28 /

+0.02 (+0.03%)

09/23/19 Northland
Inphi drops after Northland sees 'large cut' to Amazon 400G rollout plans
07/18/19 JPMorgan
JPMorgan boosts Ciena target to $53, sees further share upside
07/16/19 Rosenblatt
Acacia Communications downgraded to Neutral from Buy at Rosenblatt
07/11/19 MKM Partners
Ciena investment case is strengthening, says MKM Partners
LITE Lumentum
$75.99 /

+0.39 (+0.52%)

05/21/20 Rosenblatt
Rosenblatt sees little impact on Lumentum, NeoPhotonics' current sales to Huawei
05/06/20 Craig-Hallum
Lumentum price target raised to $100 from $95 at Craig-Hallum
05/06/20 Piper Sandler
Lumentum price target raised to $100 from $95 at Piper Sandler
05/05/20 Raymond James
Lumentum price target raised to $97 from $90 at Raymond James
IIVI II-VI
$48.29 /

-1.75 (-3.50%)

06/09/20 Needham
II-VI price target raised to $57 from $52 at Needham
05/12/20 Deutsche Bank
II-VI price target raised to $50 from $35 at Deutsche Bank
05/12/20 Needham
II-VI price target raised to $52 from $40 at Needham
05/12/20 JPMorgan
II-VI price target raised to $53 from $45 at JPMorgan
AKS AK Steel
$1.61 /

+ (+0.00%)

12/11/19 UBS
AK Steel upgraded to Neutral from Sell at UBS
12/07/19
Cleveland-Cliffs shares could be worth $10 with AK Steel deal, Barron's says
12/04/19 JPMorgan
JPMorgan has concerns about Cleveland-Cliffs acquisition of AK Steel
12/04/19 JPMorgan
AK Steel upgraded to Neutral from Underweight at JPMorgan
MT ArcelorMittal
$10.16 /

-0.47 (-4.42%)

06/23/20 Morgan Stanley
ArcelorMittal price target lowered to EUR 13.30 at Morgan Stanley
06/22/20 Societe Generale
ArcelorMittal upgraded to Hold from Sell at Societe Generale
06/22/20 Societe Generale
ArcelorMittal upgraded to Hold from Sell at Societe Generale
05/18/20 Morgan Stanley
ArcelorMittal price target lowered to EUR 13.50 at Morgan Stanley
NUE Nucor
$40.62 /

-0.835 (-2.01%)

06/19/20 BMO Capital
Nucor price target raised to $46 from $42 at BMO Capital
06/08/20 Citi
Commercial Metals downgraded at Citi on valuation, scrap costs
04/29/20 BMO Capital
Nucor price target raised to $42 from $35 at BMO Capital
04/15/20 Credit Suisse
Nucor downgraded to Neutral from Outperform at Credit Suisse
STLD Steel Dynamics
$25.42 /

-1.28 (-4.79%)

06/19/20 BMO Capital
Steel Dynamics price target raised to $29 from $24 at BMO Capital
05/13/20 KeyBanc
Steel Dynamics downgraded to Sector Weight from Overweight at KeyBanc
05/06/20 BofA
Steel Dynamics downgraded to Underperform from Neutral at BofA
TMST TimkenSteel
$3.66 /

-0.22 (-5.67%)

11/14/19 Exane BNP Paribas
TimkenSteel initiated with an Underperform at Exane BNP Paribas
11/11/19 JPMorgan
TimkenSteel downgraded to Underweight from Neutral at JPMorgan
X U.S. Steel
$7.16 /

-0.41 (-5.42%)

06/09/20 GLJ Research
U.S. Steel upgraded to Hold from Sell at GLJ Research
03/23/20 BMO Capital
U.S. Steel price target lowered to $6 from $9 at BMO Capital
01/31/20 BMO Capital
U.S. Steel price target lowered to $10 from $14 at BMO Capital
01/14/20 Goldman Sachs
U.S. Steel reinstated with a Sell at Goldman Sachs
X U.S. Steel
$7.16 /

-0.41 (-5.42%)

WDC Western Digital
$40.88 /

-1.73 (-4.06%)

VZ Verizon
$53.15 /

-1.12 (-2.06%)

TWTR Twitter
$29.05 /

-2.32 (-7.40%)

TMST TimkenSteel
$3.66 /

-0.22 (-5.67%)

STLD Steel Dynamics
$25.42 /

-1.28 (-4.79%)

PG Procter & Gamble
$115.12 /

-2.74 (-2.32%)

NUE Nucor
$40.62 /

-0.835 (-2.01%)

NOK Nokia
$4.34 /

-0.105 (-2.36%)

MU Micron
$48.50 /

-0.69 (-1.40%)

LITE Lumentum
$75.99 /

+0.39 (+0.52%)

IIVI II-VI
$48.29 /

-1.75 (-3.50%)

FB Facebook
$215.86 /

-19.73 (-8.37%)

ERIC Ericsson
$9.27 /

-0.25 (-2.63%)

CSCO Cisco
$46.32 /

+1.08 (+2.39%)

AKS AK Steel
$1.61 /

+ (+0.00%)

ACIA Acacia Communications
$68.28 /

+0.02 (+0.03%)

  • 18
    Jun
  • 12
    May
WDC Western Digital
$40.88 /

-1.73 (-4.06%)

VZ Verizon
$53.15 /

-1.12 (-2.06%)

UL Unilever
$56.16 /

-0.385 (-0.68%)

TWTR Twitter
$29.05 /

-2.32 (-7.40%)

PG Procter & Gamble
$115.12 /

-2.74 (-2.32%)

NOK Nokia
$4.34 /

-0.105 (-2.36%)

MU Micron
$48.50 /

-0.69 (-1.40%)

FB Facebook
$215.86 /

-19.73 (-8.37%)

ERIC Ericsson
$9.27 /

-0.25 (-2.63%)

CSCO Cisco
$46.32 /

+1.08 (+2.39%)

AKS AK Steel
$1.61 /

+ (+0.00%)

X U.S. Steel
$7.16 /

-0.41 (-5.42%)

WDC Western Digital
$40.88 /

-1.73 (-4.06%)

VZ Verizon
$53.15 /

-1.12 (-2.06%)

TWTR Twitter
$29.05 /

-2.32 (-7.40%)

STLD Steel Dynamics
$25.42 /

-1.28 (-4.79%)

PG Procter & Gamble
$115.12 /

-2.74 (-2.32%)

NUE Nucor
$40.62 /

-0.835 (-2.01%)

NOK Nokia
$4.34 /

-0.105 (-2.36%)

MU Micron
$48.50 /

-0.69 (-1.40%)

LITE Lumentum
$75.99 /

+0.39 (+0.52%)

IIVI II-VI
$48.29 /

-1.75 (-3.50%)

FB Facebook
$215.86 /

-19.73 (-8.37%)

ERIC Ericsson
$9.27 /

-0.25 (-2.63%)

CSCO Cisco
$46.32 /

+1.08 (+2.39%)

ACIA Acacia Communications
$68.28 /

+0.02 (+0.03%)

X U.S. Steel
$7.16 /

-0.41 (-5.42%)

WDC Western Digital
$40.88 /

-1.73 (-4.06%)

VZ Verizon
$53.15 /

-1.12 (-2.06%)

TWTR Twitter
$29.05 /

-2.32 (-7.40%)

STLD Steel Dynamics
$25.42 /

-1.28 (-4.79%)

PG Procter & Gamble
$115.12 /

-2.74 (-2.32%)

NUE Nucor
$40.62 /

-0.835 (-2.01%)

NOK Nokia
$4.34 /

-0.105 (-2.36%)

MU Micron
$48.50 /

-0.69 (-1.40%)

MT ArcelorMittal
$10.16 /

-0.47 (-4.42%)

LITE Lumentum
$75.99 /

+0.39 (+0.52%)

FB Facebook
$215.86 /

-19.73 (-8.37%)

ERIC Ericsson
$9.27 /

-0.25 (-2.63%)

CSCO Cisco
$46.32 /

+1.08 (+2.39%)

AKS AK Steel
$1.61 /

+ (+0.00%)

Periodicals
U.S. Supreme Court declines to hear appeal to steel tariffs, Reuters reports » 09:52
06/22/20
06/22
09:52
06/22/20
09:52
AKS

AK Steel

$1.61 /

+ (+0.00%)

, MT

ArcelorMittal

$10.33 /

+0.05 (+0.49%)

, NUE

Nucor

$42.25 /

-0.41 (-0.96%)

, STLD

Steel Dynamics

$27.20 /

+0.04 (+0.15%)

, X

U.S. Steel

$8.14 /

+0.03 (+0.37%)

, TMST

TimkenSteel

$4.54 /

+ (+0.00%)

The U.S. Supreme Court…

The U.S. Supreme Court rejected a challenge from the American Institute for International Steel to President Trump's tariffs on imported steel, which contended that a key part of the law under which he implemented the duties violates the Constitution, Reuters' Lawrence Hurley reports, citing the court. Trump imposed 25% tariffs on imported steel and 10% tariffs on imported aluminum in March 2018 citing national security. Publicly traded companies in the space include AK Steel (AKS), ArcelorMittal (MT), Nucor (NUE), Steel Dynamics (STLD), TimkenSteel (TMST) and U.S. Steel (X). Reference Link

ShowHide Related Items >><<
X U.S. Steel
$8.14 /

+0.03 (+0.37%)

TMST TimkenSteel
$4.54 /

+ (+0.00%)

STLD Steel Dynamics
$27.20 /

+0.04 (+0.15%)

NUE Nucor
$42.25 /

-0.41 (-0.96%)

MT ArcelorMittal
$10.33 /

+0.05 (+0.49%)

AKS AK Steel
$1.61 /

+ (+0.00%)

AKS AK Steel
$1.61 /

+ (+0.00%)

12/11/19 UBS
AK Steel upgraded to Neutral from Sell at UBS
12/07/19
Cleveland-Cliffs shares could be worth $10 with AK Steel deal, Barron's says
12/04/19 JPMorgan
JPMorgan has concerns about Cleveland-Cliffs acquisition of AK Steel
12/04/19 JPMorgan
AK Steel upgraded to Neutral from Underweight at JPMorgan
MT ArcelorMittal
$10.33 /

+0.05 (+0.49%)

05/18/20 Morgan Stanley
ArcelorMittal price target lowered to EUR 13.50 at Morgan Stanley
05/14/20 JPMorgan
ArcelorMittal price target lowered to EUR 8.50 from EUR 9.50 at JPMorgan
05/13/20 Deutsche Bank
ArcelorMittal price target lowered to EUR 14 from EUR 16 at Deutsche Bank
05/12/20 Deutsche Bank
Deutsche Bank backs Buy on ArcelorMittal after MCB offering
NUE Nucor
$42.25 /

-0.41 (-0.96%)

06/19/20 BMO Capital
Nucor price target raised to $46 from $42 at BMO Capital
06/08/20 Citi
Commercial Metals downgraded at Citi on valuation, scrap costs
04/29/20 BMO Capital
Nucor price target raised to $42 from $35 at BMO Capital
04/15/20 Credit Suisse
Nucor downgraded to Neutral from Outperform at Credit Suisse
STLD Steel Dynamics
$27.20 /

+0.04 (+0.15%)

06/19/20 BMO Capital
Steel Dynamics price target raised to $29 from $24 at BMO Capital
05/13/20 KeyBanc
Steel Dynamics downgraded to Sector Weight from Overweight at KeyBanc
05/06/20 BofA
Steel Dynamics downgraded to Underperform from Neutral at BofA
X U.S. Steel
$8.14 /

+0.03 (+0.37%)

06/09/20 GLJ Research
U.S. Steel upgraded to Hold from Sell at GLJ Research
03/23/20 BMO Capital
U.S. Steel price target lowered to $6 from $9 at BMO Capital
01/31/20 BMO Capital
U.S. Steel price target lowered to $10 from $14 at BMO Capital
01/14/20 Goldman Sachs
U.S. Steel reinstated with a Sell at Goldman Sachs
TMST TimkenSteel
$4.54 /

+ (+0.00%)

11/14/19 Exane BNP Paribas
TimkenSteel initiated with an Underperform at Exane BNP Paribas
11/11/19 JPMorgan
TimkenSteel downgraded to Underweight from Neutral at JPMorgan
06/26/19 Jefferies
Nucor flat rolled price increase likely to help sentiment, says Jefferies
X U.S. Steel
$8.14 /

+0.03 (+0.37%)

TMST TimkenSteel
$4.54 /

+ (+0.00%)

STLD Steel Dynamics
$27.20 /

+0.04 (+0.15%)

NUE Nucor
$42.25 /

-0.41 (-0.96%)

AKS AK Steel
$1.61 /

+ (+0.00%)

AKS AK Steel
$1.61 /

+ (+0.00%)

X U.S. Steel
$8.14 /

+0.03 (+0.37%)

STLD Steel Dynamics
$27.20 /

+0.04 (+0.15%)

NUE Nucor
$42.25 /

-0.41 (-0.96%)

X U.S. Steel
$8.14 /

+0.03 (+0.37%)

STLD Steel Dynamics
$27.20 /

+0.04 (+0.15%)

NUE Nucor
$42.25 /

-0.41 (-0.96%)

MT ArcelorMittal
$10.33 /

+0.05 (+0.49%)

AKS AK Steel
$1.61 /

+ (+0.00%)

Recommendations
Nucor price target raised to $46 from $42 at BMO Capital » 08:11
06/19/20
06/19
08:11
06/19/20
08:11
NUE

Nucor

$43.53 /

-0.48 (-1.09%)

BMO Capital analyst David…

BMO Capital analyst David Gagliano raised the firm's price target on Nucor to $46 from $42 after its above-consensus Q2 earnings guidance, noting the company cited resilient nonresidential construction demand along with a strong recovery in automotive related demand. The analyst still keeps a Market Perform rating on Nucor shares, stating that while the company is a "best-in-class" steel producer, its valuation is approaching fair value.

ShowHide Related Items >><<
NUE Nucor
$43.53 /

-0.48 (-1.09%)

NUE Nucor
$43.53 /

-0.48 (-1.09%)

06/08/20 Citi
Commercial Metals downgraded at Citi on valuation, scrap costs
04/29/20 BMO Capital
Nucor price target raised to $42 from $35 at BMO Capital
04/15/20 Credit Suisse
Nucor downgraded to Neutral from Outperform at Credit Suisse
03/30/20 Deutsche Bank
Nucor upgraded to Hold from Sell at Deutsche Bank
NUE Nucor
$43.53 /

-0.48 (-1.09%)

NUE Nucor
$43.53 /

-0.48 (-1.09%)

NUE Nucor
$43.53 /

-0.48 (-1.09%)

NUE Nucor
$43.53 /

-0.48 (-1.09%)

Hot Stocks
Nucor says Q2 operating performance 'better than expected' » 09:08
06/18/20
06/18
09:08
06/18/20
09:08
NUE

Nucor

$44.01 /

-0.54 (-1.21%)

The company said,…

The company said, "Nucor's better-than-expected second quarter performance reflects both the power of our culture and the strength of our business model. By working hard and working together, the 27,000 men and women on the Nucor Team have done an excellent job of taking care of each other, our customers, and our shareholders. Second quarter operating performance has been better than expected and we have estimated our guidance range accordingly. Though overall market conditions are still challenged by the pandemic, demand in nonresidential construction has been resilient during this time. Nucor's downstream steel products segment is having another strong quarter. In our steel mills segment, the impacts of the COVID-19 pandemic have most negatively impacted our sheet and plate mills due to weak oil and gas market activity and customer production disruptions. Although domestic automotive production was halted due to COVID-19 concerns, we are seeing a strong rebound in automotive related steel demand. The automotive industry experienced better than expected sales during their outage period resulting in low inventory levels as we enter the third quarter of 2020. Our raw materials segment has been challenged by decreased pricing for raw materials and the impact of an outage at our DRI facility in Trinidad to comply with that country's stay at home orders. We believe Nucor is well positioned to navigate any future challenges that arise from these current situations given our advantaged cost position, flexible production capability and financial strength. We were pleased to be able to further enhance our financial flexibility with the recent issuance of $500.0 million of 2.000% notes due 2025 and $500.0 million of 2.700% notes due 2030."

ShowHide Related Items >><<
NUE Nucor
$44.01 /

-0.54 (-1.21%)

NUE Nucor
$44.01 /

-0.54 (-1.21%)

06/08/20 Citi
Commercial Metals downgraded at Citi on valuation, scrap costs
04/29/20 BMO Capital
Nucor price target raised to $42 from $35 at BMO Capital
04/15/20 Credit Suisse
Nucor downgraded to Neutral from Outperform at Credit Suisse
03/30/20 Deutsche Bank
Nucor upgraded to Hold from Sell at Deutsche Bank
NUE Nucor
$44.01 /

-0.54 (-1.21%)

NUE Nucor
$44.01 /

-0.54 (-1.21%)

NUE Nucor
$44.01 /

-0.54 (-1.21%)

NUE Nucor
$44.01 /

-0.54 (-1.21%)

Earnings
Nucor sees Q2 EPS 10c-15c, consensus 3c  09:04
06/18/20
06/18
09:04
06/18/20
09:04
NUE

Nucor

$44.01 /

-0.54 (-1.21%)

 
ShowHide Related Items >><<
NUE Nucor
$44.01 /

-0.54 (-1.21%)

NUE Nucor
$44.01 /

-0.54 (-1.21%)

06/08/20 Citi
Commercial Metals downgraded at Citi on valuation, scrap costs
04/29/20 BMO Capital
Nucor price target raised to $42 from $35 at BMO Capital
04/15/20 Credit Suisse
Nucor downgraded to Neutral from Outperform at Credit Suisse
03/30/20 Deutsche Bank
Nucor upgraded to Hold from Sell at Deutsche Bank
NUE Nucor
$44.01 /

-0.54 (-1.21%)

NUE Nucor
$44.01 /

-0.54 (-1.21%)

NUE Nucor
$44.01 /

-0.54 (-1.21%)

NUE Nucor
$44.01 /

-0.54 (-1.21%)

Downgrade
Commercial Metals downgraded at Citi on valuation, scrap costs » 09:48
06/08/20
06/08
09:48
06/08/20
09:48
CMC

Commercial Metals

$19.83 /

-0.175 (-0.87%)

, NUE

Nucor

$45.88 /

+0.38 (+0.84%)

, STLD

Steel Dynamics

$29.19 /

+ (+0.00%)

Citi analyst Alexander…

Citi analyst Alexander Hacking downgraded Commercial Metals to Neutral from Buy with a price target of $21, down from $22, as he lowered his estimates ahead of the company's results based on higher than expected scrap costs. Commercial Metals shares are up about 50% since March and he views the current stock price as fair considering rebar spreads may be peaking.

ShowHide Related Items >><<
STLD Steel Dynamics
$29.19 /

+ (+0.00%)

NUE Nucor
$45.88 /

+0.38 (+0.84%)

CMC Commercial Metals
$19.83 /

-0.175 (-0.87%)

CMC Commercial Metals
$19.83 /

-0.175 (-0.87%)

06/08/20 Citi
Commercial Metals downgraded to Neutral from Buy at Citi
05/06/20 BofA
Steel Dynamics downgraded to Underperform from Neutral at BofA
03/17/20 BofA
Commercial Metals upgraded to Buy from Underperform at BofA
03/17/20 BofA
Commercial Metals upgraded to Buy from Neutral at BofA
NUE Nucor
$45.88 /

+0.38 (+0.84%)

04/29/20 BMO Capital
Nucor price target raised to $42 from $35 at BMO Capital
04/15/20 Credit Suisse
Nucor downgraded to Neutral from Outperform at Credit Suisse
03/30/20 Deutsche Bank
Nucor upgraded to Hold from Sell at Deutsche Bank
03/30/20 Goldman Sachs
Nucor upgraded to Buy from Neutral at Goldman Sachs
STLD Steel Dynamics
$29.19 /

+ (+0.00%)

05/13/20 KeyBanc
Steel Dynamics downgraded to Sector Weight from Overweight at KeyBanc
04/21/20 BMO Capital
BMO Capital sees magnitude of near term weakness as more relevant than Q1 result
03/30/20 Deutsche Bank
Steel Dynamics upgraded to Buy from Hold at Deutsche Bank
STLD Steel Dynamics
$29.19 /

+ (+0.00%)

NUE Nucor
$45.88 /

+0.38 (+0.84%)

CMC Commercial Metals
$19.83 /

-0.175 (-0.87%)

NUE Nucor
$45.88 /

+0.38 (+0.84%)

STLD Steel Dynamics
$29.19 /

+ (+0.00%)

NUE Nucor
$45.88 /

+0.38 (+0.84%)

STLD Steel Dynamics
$29.19 /

+ (+0.00%)

NUE Nucor
$45.88 /

+0.38 (+0.84%)

CMC Commercial Metals
$19.83 /

-0.175 (-0.87%)

Over a month ago
Periodicals
Iron ore prices jump amid Brazil coronavirus mining disruption, WSJ says » 13:01
05/20/20
05/20
13:01
05/20/20
13:01
AKS

AK Steel

$1.61 /

+ (+0.00%)

, MT

ArcelorMittal

$9.40 /

+0.205 (+2.23%)

, NUE

Nucor

$41.00 /

+0.55 (+1.36%)

, STLD

Steel Dynamics

$24.67 /

+0.48 (+1.98%)

, X

U.S. Steel

$7.85 /

+0.2 (+2.61%)

, TMST

TimkenSteel

$3.07 /

+0.05 (+1.66%)

, CLF

Cleveland-Cliffs

$4.58 /

-0.04 (-0.87%)

, FCX

Freeport McMoRan

$9.13 /

-0.02 (-0.22%)

, VALE

Vale

$9.23 /

+0.145 (+1.60%)

The severity of the…

The severity of the coronovirus impact in Brazil has disrupted the global supply of iron ore amid ademand pick-up in China. writes the Wall Street Journal's Joe Wallace. "Prices have risen 20% since early April, driven by squeezed supplies from Brazil, which dominates the iron-ore mining industry along with Australia. The rally is also an indication that China's economy is gathering momentum, after a downturn at the start of the year when swaths of the country went into lockdown to stop the coronavirus spreading," added the Wall Street Journal story. Publicly traded companies in the metals and mining space include AK Steel (AKS), ArcelorMittal (MT), Nucor (NUE), Steel Dynamics (STLD), TimkenSteel (TMST) and U.S. Steel (X), Cleveland-Cliffs (CLF), Freeport McMoRan (FCX) and Vale (VALE). Reference Link

ShowHide Related Items >><<
X U.S. Steel
$7.85 /

+0.2 (+2.61%)

VALE Vale
$9.23 /

+0.145 (+1.60%)

TMST TimkenSteel
$3.07 /

+0.05 (+1.66%)

STLD Steel Dynamics
$24.67 /

+0.48 (+1.98%)

NUE Nucor
$41.00 /

+0.55 (+1.36%)

MT ArcelorMittal
$9.40 /

+0.205 (+2.23%)

FCX Freeport McMoRan
$9.13 /

-0.02 (-0.22%)

CLF Cleveland-Cliffs
$4.58 /

-0.04 (-0.87%)

AKS AK Steel
$1.61 /

+ (+0.00%)

AKS AK Steel
$1.61 /

+ (+0.00%)

12/11/19 UBS
AK Steel upgraded to Neutral from Sell at UBS
12/07/19
Cleveland-Cliffs shares could be worth $10 with AK Steel deal, Barron's says
12/04/19 JPMorgan
JPMorgan has concerns about Cleveland-Cliffs acquisition of AK Steel
12/04/19 JPMorgan
AK Steel upgraded to Neutral from Underweight at JPMorgan
MT ArcelorMittal
$9.40 /

+0.205 (+2.23%)

05/18/20 Morgan Stanley
ArcelorMittal price target lowered to EUR 13.50 at Morgan Stanley
05/14/20 JPMorgan
ArcelorMittal price target lowered to EUR 8.50 from EUR 9.50 at JPMorgan
05/13/20 Deutsche Bank
ArcelorMittal price target lowered to EUR 14 from EUR 16 at Deutsche Bank
05/12/20 Deutsche Bank
Deutsche Bank backs Buy on ArcelorMittal after MCB offering
NUE Nucor
$41.00 /

+0.55 (+1.36%)

04/29/20 BMO Capital
Nucor price target raised to $42 from $35 at BMO Capital
04/15/20 Credit Suisse
Nucor downgraded to Neutral from Outperform at Credit Suisse
03/30/20 Deutsche Bank
Nucor upgraded to Hold from Sell at Deutsche Bank
03/30/20 Goldman Sachs
Nucor upgraded to Buy from Neutral at Goldman Sachs
STLD Steel Dynamics
$24.67 /

+0.48 (+1.98%)

05/13/20 KeyBanc
Steel Dynamics downgraded to Sector Weight from Overweight at KeyBanc
05/06/20 BofA
Steel Dynamics downgraded to Underperform from Neutral at BofA
04/21/20 BMO Capital
BMO Capital sees magnitude of near term weakness as more relevant than Q1 result
03/30/20 Deutsche Bank
Steel Dynamics upgraded to Buy from Hold at Deutsche Bank
X U.S. Steel
$7.85 /

+0.2 (+2.61%)

03/23/20 BMO Capital
U.S. Steel price target lowered to $6 from $9 at BMO Capital
01/31/20 BMO Capital
U.S. Steel price target lowered to $10 from $14 at BMO Capital
01/14/20 Goldman Sachs
U.S. Steel reinstated with a Sell at Goldman Sachs
12/20/19 GLJ Research
GLJ Research sees 'real threat' to U.S. Steel viability as going concern
TMST TimkenSteel
$3.07 /

+0.05 (+1.66%)

11/14/19 Exane BNP Paribas
TimkenSteel initiated with an Underperform at Exane BNP Paribas
11/11/19 JPMorgan
TimkenSteel downgraded to Underweight from Neutral at JPMorgan
06/26/19 Jefferies
Nucor flat rolled price increase likely to help sentiment, says Jefferies
CLF Cleveland-Cliffs
$4.58 /

-0.04 (-0.87%)

04/15/20 Credit Suisse
Cleveland-Cliffs reinstated with a Neutral at Credit Suisse
04/01/20 JPMorgan
Cleveland-Cliffs price target lowered to $6 from $8 at JPMorgan
03/30/20 Goldman Sachs
Cleveland-Cliffs reinstated with a Neutral at Goldman Sachs
01/10/20 Citi
Cleveland-Cliffs downgraded to Neutral from Buy at Citi
FCX Freeport McMoRan
$9.13 /

-0.02 (-0.22%)

04/27/20 Scotiabank
Scotiabank upgrades Freeport on 'significantly improved' cash flow outlook
04/27/20
Fly Intel: Top five analyst upgrades
04/27/20 Eight Capital
Freeport McMoRan upgraded to Buy from Neutral at Eight Capital
04/27/20 Scotiabank
Freeport McMoRan upgraded to Outperform from Sector Perform at Scotiabank
VALE Vale
$9.23 /

+0.145 (+1.60%)

05/11/20 RBC Capital
Vale upgraded to Outperform from Sector Perform at RBC Capital
05/10/20 RBC Capital
Vale upgraded to Outperform from Sector Perform at RBC Capital
04/23/20 Societe Generale
Vale price target lowered to 1,420 GBp from 1,650 GBp at Societe Generale
04/22/20 Citi
Teck Resources downgraded to Neutral from Buy at Citi
X U.S. Steel
$7.85 /

+0.2 (+2.61%)

VALE Vale
$9.23 /

+0.145 (+1.60%)

TMST TimkenSteel
$3.07 /

+0.05 (+1.66%)

STLD Steel Dynamics
$24.67 /

+0.48 (+1.98%)

NUE Nucor
$41.00 /

+0.55 (+1.36%)

FCX Freeport McMoRan
$9.13 /

-0.02 (-0.22%)

CLF Cleveland-Cliffs
$4.58 /

-0.04 (-0.87%)

AKS AK Steel
$1.61 /

+ (+0.00%)

X U.S. Steel
$7.85 /

+0.2 (+2.61%)

VALE Vale
$9.23 /

+0.145 (+1.60%)

FCX Freeport McMoRan
$9.13 /

-0.02 (-0.22%)

AKS AK Steel
$1.61 /

+ (+0.00%)

X U.S. Steel
$7.85 /

+0.2 (+2.61%)

VALE Vale
$9.23 /

+0.145 (+1.60%)

STLD Steel Dynamics
$24.67 /

+0.48 (+1.98%)

NUE Nucor
$41.00 /

+0.55 (+1.36%)

FCX Freeport McMoRan
$9.13 /

-0.02 (-0.22%)

AKS AK Steel
$1.61 /

+ (+0.00%)

X U.S. Steel
$7.85 /

+0.2 (+2.61%)

VALE Vale
$9.23 /

+0.145 (+1.60%)

STLD Steel Dynamics
$24.67 /

+0.48 (+1.98%)

NUE Nucor
$41.00 /

+0.55 (+1.36%)

MT ArcelorMittal
$9.40 /

+0.205 (+2.23%)

FCX Freeport McMoRan
$9.13 /

-0.02 (-0.22%)

CLF Cleveland-Cliffs
$4.58 /

-0.04 (-0.87%)

AKS AK Steel
$1.61 /

+ (+0.00%)

Recommendations
Nucor price target raised to $42 from $35 at BMO Capital » 08:24
04/29/20
04/29
08:24
04/29/20
08:24
NUE

Nucor

$40.52 /

-0.04 (-0.10%)

BMO Capital analyst David…

BMO Capital analyst David Gagliano raised the firm's price target on Nucor to $42 from $35 and keeps a Market Perform rating on the shares. The analyst says the company's Q1 results were "solid" even though its Q2 guidance was "understandable weak", adding that it is well-positioned longer term given its resilient results and volume growth potential.

ShowHide Related Items >><<
NUE Nucor
$40.52 /

-0.04 (-0.10%)

04/15/20 Credit Suisse
Nucor downgraded to Neutral from Outperform at Credit Suisse
03/30/20 Deutsche Bank
Nucor upgraded to Hold from Sell at Deutsche Bank
03/30/20 Goldman Sachs
Nucor upgraded to Buy from Neutral at Goldman Sachs
03/24/20 KeyBanc
Steel Dynamics upgraded to Overweight on valuation at KeyBanc
Hot Stocks
Nucor CEO: The tariffs are still working » 18:23
04/28/20
04/28
18:23
04/28/20
18:23
NUE

Nucor

$40.52 /

-0.04 (-0.10%)

In an interview on…

In an interview on CNBC's Mad Money, Leon Topalian said, "At the end of the day, the low cost producer wins, and we've been the low cost producer for some time." Topalian expects the market to bottom in Q2. He thinks the COVID-19 pandemic will force companies to look at the over-reliance on supply chains from China and make changes. He noted that the Trump administration is "committed to steel."

ShowHide Related Items >><<
NUE Nucor
$40.52 /

-0.04 (-0.10%)

04/15/20 Credit Suisse
Nucor downgraded to Neutral from Outperform at Credit Suisse
03/30/20 Deutsche Bank
Nucor upgraded to Hold from Sell at Deutsche Bank
03/30/20 Goldman Sachs
Nucor upgraded to Buy from Neutral at Goldman Sachs
03/24/20 KeyBanc
Steel Dynamics upgraded to Overweight on valuation at KeyBanc
Hot Stocks
Nucor cuts FY20 CapEx view to less than $1.5B from $2B » 08:05
04/28/20
04/28
08:05
04/28/20
08:05
NUE

Nucor

$40.56 /

+2.66 (+7.02%)

The company said,…

The company said, "We believe our financial strength will be a critical factor enabling Nucor to weather this sudden economic downturn, while reliably serving our customers, performing for our investors and remaining an employer of choice for our teammates. To preserve our flexibility and reliability during this time, the company has-instituted enterprise-wide efforts to conserve cash and support our teammates, which include, among other things: Capital Expenditures: We have reviewed our capital expenditures budget and decided to freeze spending on certain capital projects currently in process and delay capital projects that have not begun. As a result, we have revised our 2020 capital expenditures estimate down to less than $1.50 billion, from our initial projection of approximately $2.0 billion for the year. Working Capital: Our net working capital position is expected to contract and provide a source of incremental liquidity as business activity has slowed rapidly in recent weeks. In addition, we are taking deliberate steps to reduce raw material inventory, bringing it more in line with our anticipated near-term production requirements. We expect this temporarily reduced investment in working capital to benefit our operating cash flow in the near term. Pay & Benefits: Overall, we expect a significant decrease in compensation expense in 2020 as almost all our remuneration plans are heavily weighted toward incentive compensation which rewards productivity and profitability. Nucor's 'share the pain, share the gain' approach means that every team member at Nucor has a significant portion of their compensation at risk and tied to performance. As a result, we are confident that there will be no need for us to contemplate widespread layoffs during this crisis, just as we had none during the Global Financial Crisis of 2008 and 2009. We have established a Pay & Benefits Task Force that is charged with helping to ensure the financial well-being of our teammates through this crisis. This task force has recommended, and we have implemented, the assurance of a compensation floor to production and non-production hourly teammates pay during the crisis. Nucor teammates can expect to maintain their normal benefits as well. Our executive compensation program intentionally sets base salaries below the market median for similar size industrial and materials companies. With much lower profitability expected in 2020, our executive leadership will incur a significant reduction in earned incentive compensation on an absolute dollar and percentage basis compared to compensation attributable to 2019 performance."

ShowHide Related Items >><<
NUE Nucor
$40.56 /

+2.66 (+7.02%)

04/15/20 Credit Suisse
Nucor downgraded to Neutral from Outperform at Credit Suisse
03/30/20 Deutsche Bank
Nucor upgraded to Hold from Sell at Deutsche Bank
03/30/20 Goldman Sachs
Nucor upgraded to Buy from Neutral at Goldman Sachs
03/24/20 KeyBanc
Steel Dynamics upgraded to Overweight on valuation at KeyBanc

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