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Dahlman Rose Maintains Hold Rating On Arcelor Mittal
Friday, May 13, 2011 - 8:01am | 60Read More...According to Dahlman Rose, Arcelor Mittal (NYSE: MT) reported 1Q11 results slightly below its and the consensus estimates. Dahlman Rose said that it is increasing its 2011 and 2012 estimates based on greater insight into company operations following the segmentation of the mining business. “We...
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Divergences Galore; Market Remains Indecisive (USO, UNG, APA, DVN, RRC, GAS, X, MT, AKS, NUE, FCX, NEM)
Thursday, March 31, 2011 - 4:50pm | 640Read More...Thus far, this trading week has been full of reversals and divergences mainly emanating out of the materials and commodities sectors. Traders and investors seem to be unsure as to where the market should be and in what direction it should head. For example, after disappointing inventory data,...
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Steel Names Weak In Early Trade (X, NUE, MT, AKS)
Thursday, March 31, 2011 - 9:40am | 120Read More...After a weak performance in yesterday's trading session, shares of steel companies are once again running into selling pressure in the early morning action. US Steel (NYSE: X), Nucor Corp (NYSE: NUE), Arcelor Mittal (NYSE: MT), and AK Steel Holding (NYSE: AKS) are all taking a hit in the first...
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ArcelorMittal and BHP Billiton Terminate Discussions to Combine Assets in Liberia and Guinea
Wednesday, September 8, 2010 - 7:06am | 106Read More...ArcelorMittal (NYSE: MT) and BHP Billiton (NYSE: BHP) today jointly announced that they have ended preliminary discussions to combine the two companies’ iron ore mining and infrastructure interests in Liberia and Guinea into a single joint venture. The companies were unable to reach a commercial...
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Arcelor Mittal (MT) Profitable Again But Sales Fall
Wednesday, February 10, 2010 - 3:25am | 145Read More...Arcelor Mittal (NYSE: MT), the world's biggest steelmaker, reported early Wednesday that the company had swung to a 4th quarter profit. Arcelor Mittal reported earnings of $1.07 billion, or 71 cents per share, compared with a net loss of $2.63 billion, or $1.93 per share, for the same quarter a...
