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U.S. Steel: Beware Peak Earnings

2014-11-03 22:02:31| Steel - Topix.net

Using U.S. Steel's C4Q14 guidance, we likely saw peak earnings in C3Q14 ; this is only exacerbated by a number of instances in which global price arbitrage "freebies" in the metals space have effectively been closed While many of our peers seem to think, for some strange reason, U.S. HRC prices have magically decoupled from global prices, we simply do not buy this thesis, & rather believe, when looking at the data, the reversal of this dynamic is already underway. What do we mean? Well, while it got little fanfare, Sep. '14 MSCI service center inventories hit a 5yr-high when reported 10/23, & HRC inventories at the service centers are now at 5yr-highs as well .

Tags: steel peak earnings beware

 

What to Expect When International Paper (IP) Reports Third-Quarter Earnings Tuesday

2014-11-03 21:25:42| Paper - Topix.net

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Tags: international paper reports tuesday

 
 

Clean Harbors (CLH) Set to Announce Earnings on Wednesday

2014-11-03 13:55:43| Waste Management - Topix.net

Clean Harbors will be releasing its earnings data on Wednesday, November 5th. Persons interested in registering for the company's earnings conference call can do so using this link .

Tags: set wednesday clean earnings

 

Corning Exceeds Earnings Estimates, Shareholder Friendly Actions Are Next

2014-11-02 19:31:39| Industrial Machines - Topix.net

The increased use of GLW's Gorilla Glass product in the automotive industry may be the next growth driver for the company. We did not anticipate the exceeding of earnings estimates, but did anticipate the potential for increased share buybacks and a dividend increase.

Tags: next friendly actions estimates

 

Choppy trading likely this week amid heavy slate of earnings, economic data

2014-11-02 18:46:32| Oil & Gas - Topix.net

The Toronto stock market is in for more choppy trading this week amid a heavy slate of earnings and economic data and an investment climate without massive stimulus from the U.S. Federal Reserve. "It's just going to be a flood of news coming out," said Colin Cieszynski, chief market strategist at CMC Markets.

Tags: data week economic heavy

 

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