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United States Steel Corporation (X) Drop Doesn't Shake Bulls

2015-01-30 03:17:23| Steel - Topix.net

Hitting the shares is a price-target cut to $37 from $55 at Nomura, as well as a downwardly revised valuation and full-year earnings expectations from Wells Fargo. However, none of this is stopping option bulls from wagering on near-term upside.

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Derrick Corporation to Exhibit Innovative Stack-Sizer Wet Sizing Screen at 2015 SME

2015-01-29 11:30:54| Industrial Newsroom - All News for Today

Buffalo, New York  Derrick Corporation is pleased to announce its Separation Technology Group (STG) will be exhibiting at the 2015 SME/CMA Annual Conference, February 15-18, 2015 in Denver, Colorado. The conference is North Americas premier gathering for industry, academia, and government professionals in the...

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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.

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Potash Corporation raises quarterly dividend 9% to 38 cents US a share

2015-01-29 00:45:35| Chemicals - Topix.net

Potash Corporation of Saskatchewan Inc. announced a nine per cent increase in its quarterly dividend Wednesday, a day before the fertilizer giant releases its fourth-quarter and year-end results. Saskatoon-based PotashCorp said the dividend, announced after markets closed, will rise three cents to 38 cents US per share, payable May 4 to shareholders of record on April 13. "With our potash expansion program nearing completion, our board and management team continue to review our future cash flow potential and the best opportunities to provide superior returns to our shareholders," president and CEO Jochen Tilk said in a release announcing the increase.

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Nucor Corporation Earnings: 3 Things You Need to Know

2015-01-27 22:46:13| Steel - Topix.net

Fourth-quarter earnings per share of $0.65 beat analyst expectations, but revenue came in light -- $5 billion in sales, about $300 million below the average analyst estimate. For the full year, sales increased more than $2 billion, while earnings per share increased 45%, to $2.22.

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