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Tag: posco
Renewal of Posco MoU held up on failure of - milestones'
2014-12-02 05:06:09| Steel - Topix.net
The government on Monday said the MoU with South Korean steel company Posco has not been renewed since the company has failed to achieve stipulated milestones in setting up its project in Orissa to qualify for renewal. But the company has hit back saying it cannot be held responsible for the same.
Tags: held
failure
renewal
milestones
Posco (PKX) Downgraded From Buy to Hold
2014-10-29 16:52:36| Steel - Topix.net
The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and largely solid financial position with reasonable debt levels by most measures.
Tags: buy
hold
downgraded
pkx
POSCO Lowered to "Neutral" at HSBC
2014-09-15 21:48:09| Steel - Topix.net
Shares of POSCO traded down 0.85% on Monday, hitting $85.555. The stock had a trading volume of 35,847 shares.
Tags: neutral
lowered
hsbc
posco
Posco considers selling part of Posco E&C - Posco official
2014-09-15 04:20:43| Steel - Topix.net
South Korean steelmaker POSCO is considering selling part of its stake in construction unit POSCO Engineering & Construction to an unidentified Saudi Arabian fund, a POSCO official said on Monday. "The fund proposed the sale to help POSCO E&C expand in Saudi Arabia," the official told Reuters on condition of anonymity because the matter is confidential.
Tags: part
official
selling
considers
POSCO: Cheapest It's Been Since 1993
2014-09-08 22:32:19| Steel - Topix.net
POSCO is a multnational steel producer headquartered in Pohang, South Korea. As of 2011, the company had outputs of 39.1 million tonnes of crude steel, making the firm the fourth-largest steel maker in the world.
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