Timna Tanners

United States Steel Corporation (NYSE: X) shares are down more than 8% on Wednesday after the company announced Tuesday a $700 million investment in a 49.9% ownership stake of Big River Steel. U.S. Steel said Big River Steel has commenced a construction project that will raise Big River’s...

Bank of America has cut its forecast for U.S. steel prices and dialed back its earnings expectations for American steel stocks across the board. On Wednesday, Bank of America analyst Timna Tanners cut her price target for U.S. hot-rolled coil in the second half of 2019 from $628 per short ton to $...

American steel company Nucor Corporation (NYSE: NUE) is raising steel prices this week, and analysts are mixed on whether or not Nucor is a buy. What Happened Nucor announced Tuesday that it's upping the price of flat-rolled steel by $40 per ton, the first time it has raised prices since...

On May 14, U.S. President Donald Trump credited hit tariffs on imported steel with rebuilding the U.S. steel industry, which he said is now “booming.” However, shares of North Carolina steel producer Nucor Corporation (NYSE: NUE) are down 25.9 percent in the past year, and one analyst...

The worst is behind Brazilian mining operator Vale SA (NYSE: VALE), according to Bank of America Merrill Lynch.  The Analyst Analyst Timna Tanners upgraded Vale from Neutral to Buy and raised the price target from $14.50 to $15.50.  The Thesis  Bank of America estimates a likely...

U.S. steel pricing is not where analysts had anticipated this spring, and one analyst says lower steel prices are bad news for United States Steel Corporation (NYSE: X). The Analyst Bank of America analyst Timna Tanners downgraded U.S. Steel from Buy to Underperform and cut her price target from $...

Diversified mining and metals company Teck Resources Ltd (NYSE: TECK) held its Investor Day in Toronto Wednesday, and analysts came away from the event with their stances largely unchanged.  The Analysts Bank of America Merrill Lynch analyst Timna Tanners maintained a Buy rating on the...

Aluminum company Alcoa Corp. (NYSE: AA) posted a third-quarter sales beat and an adjusted EPS miss amid an industrial landscape that's been altered by tariffs. The Analysts Morgan Stanley analyst Piyush Sood reiterated an Overweight rating on Alcoa with a $57 price target. Bank of America...

Since hitting a low of $19.65 on April 5, shares of Commercial Metals Company (NYSE: CMC) have gained about 23 percent, prompting Bank of America Merrill Lynch to revisit its rating on the equity.  The Analyst Analyst Timna Tanners downgraded Commercial Metals from Neutral to Underperform...

Rising oil prices coupled with a "more positive" view of the domestic energy market bode well for Halliburton Company (NYSE: HAL), according to Bank of America Merrill Lynch.  The Analyst BofA's Timna Tanners upgraded Halliburton's stock rating from Neutral to Buy with a...

Crude oil prices have been headed higher in recent months, and the global oil services industry appears to finally be stabilizing following its 2014 collapse. Oil services share prices have been headed in the right direction for patient investors, but one analyst says oil investors will soon turn...

AK Steel Holding Corporation (NYSE: AKS) reported fourth-quarter results beofre the open Tuesday that showed a wider loss on a reported basis and a swing to a loss on an adjusted basis. Sales were up 5 percent to $1.5 billion. The stock closed down 13 percent Tuesday.  The Analyst...

Bank of America Merrill Lynch initiated coverage of Baker Hughes, a GE company Class A (NYSE: BHGE) at Underperform, given the lack of catalysts. That said, the firm believes the company offers investors exposure to an expected global oilfield services and equipment, with a solid, defensive...

U.S. steel stocks have lagged the market so far in 2017, but the groundwork may be set for a strong finish to 2017. On Tuesday, Bank of America analyst Timna Tanners upgraded United States Steel Corporation (NYSE: X) to Buy and said steel prices are headed higher in the second half of the year....

Bank of America Merrill Lynch has downgraded steel stocks such as Nucor Corporation (NYSE: NUE) and Steel Dynamics, Inc. (NASDAQ: STLD) on softer steel prices. Analyst Timna Tanners has cut the rating of Nucor shares to Neutral from Buy on the steel price outlook, cautious long product views and...