je.st
news
Tag: posco
Third Avenue Value Fund Sells Nearly Half of Stake in POSCO
2016-01-06 01:09:50| Steel - Topix.net
Although Martin Whitman has a reputation for being a "buy and hold" investor, many of Third Avenue Value Fund's largest transactions in the fourth quarter, which ended Oct. 31, 2015, were reductions. The fund's most significant fourth-quarter transaction was the reduction, by more than 48%, of the stake in POSCO , a Pohang, South Korea-based steelmaking company.
TheStreet Lowers POSCO (PKX) to Sell
2015-12-11 03:21:04| Steel - Topix.net
Several other research firms have also recently issued reports on PKX. Zacks Investment Research upgraded POSCO from a "sell" rating to a "hold" rating in a research report on Tuesday, September 15th.
POSCO: The Turnaround Is Slow, But The First Signs Of Fruit Are Showing
2015-12-10 10:44:16| Steel - Topix.net
Management's effort to unwind the hard-to-navigate affiliate ownership structure is starting to help. There is still a long way to go.
Former POSCO chief indicted over alleged corruption
2015-11-11 09:24:57| Steel - Topix.net
Prosecutors said Wednesday they have indicted the former chief of the country's top steelmaker POSCO over alleged bribery and breach of trust which cost the company more than a hundred billion won in losses. Chung Joon-yang is suspected of providing kickbacks to Lee Sang-deuk, the elder brother of former President Lee Myung-bak, to solve one of the company's key problems - a height limitation on its factory buildings, the Seoul Central District Prosecutors' Office said in a press briefing.
Tags: chief
alleged
corruption
indicted
POSCO Q3 profit edges up 0.5 pct, steel supply glut continues
2015-10-20 11:32:11| Steel - Topix.net
Oct 20 South Korean steelmaker POSCO said its third-quarter operating profit crept up 0.5 percent from a year earlier, beating estimates, as more stable iron ore input costs helped it absorb weak steel product prices and a continuing supply glut. POSCO, the world's sixth-biggest steelmaker, said on Tuesday operating profit for July-September was 638 billion won on a parent-only basis, above a consensus forecast of 608 billion won compiled by Thomson Reuters I/B/E/S.
Tags: supply
profit
steel
continues
Sites : [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] next »