Company | Date | Price Target | Rating | Analyst |
---|---|---|---|---|
10/4/2024 | $72.00 → $68.00 | Buy → Hold | Jefferies | |
10/1/2024 | $140.00 → $155.00 | Neutral → Buy | BofA Securities | |
10/1/2024 | $43.00 → $52.00 | Neutral → Buy | BofA Securities | |
9/30/2024 | $52.00 | Sector Outperform → Sector Perform | Scotiabank | |
9/25/2024 | $32.00 → $36.00 | Neutral | JP Morgan | |
9/17/2024 | $135.00 → $127.00 | Market Perform | BMO Capital Markets | |
9/16/2024 | Mkt Perform → Outperform | Bernstein | ||
9/9/2024 | $40.00 → $42.00 | Neutral → Overweight | JP Morgan |
Study finds that upgrade of U. S. Steel's Mon Valley Works facilities would lead to nearly 5,000 construction jobs and $38 million in taxes United States Steel Corporation (NYSE:X) ("U. S. Steel") released a new economic impact analysis today, conducted by Parker Strategy Group, that assesses how the proposed $1 billion investment committed by Nippon Steel Corporation ("Nippon Steel") to modernize U. S. Steel's Mon Valley Works following the closing of the pending merger with U. S. Steel would generate a significant economic impact in Pennsylvania. For the purposes of the study, construction ($600 million) and equipment costs ($400 million) are separated and it is assumed that $600 millio
LUXEMBOURG / ACCESSWIRE / September 26, 2024 / Ternium S.A. (NYSE:TX) today released its Sustainability Report 2023. The report outlines Ternium's strategy, performance, risks, and governance across various sustainability topics, including Climate Change, Environment, People, Communities, and the Value Chain. It also emphasizes that integrity is crucial to Ternium's long-term sustainability.Ternium's Sustainability Report has been prepared following the international standards set by the GRI (Global Reporting Initiative) and the SASB (Sustainability Accounting Standards Board) for Iron & Steel Producers, as well as the guidelines from the World Steel Association. It also aligns with the reco
Additional investments in round led by the OPG Pension Plan, and joined by ArcelorMittal XCarb® Innovation Fund, Ara Partners and other existing investors Utility Global, the off-gas-to-value company pioneering its proprietary eXERO™ gas production technology optimized for hard-to-abate industries, today announced that it has raised $53 million of an ongoing Series C financing led by the OPG Pension Plan and joined by multinational steel company, ArcelorMittal S.A. (NYSE:MT), via its XCarb® Innovation Fund, alongside current investors Ara Partners and Aramco Ventures. This investment is part of Utility Global's current growth equity funding round. ArcelorMittal and Utility Global also ente
4 - CLEVELAND-CLIFFS INC. (0000764065) (Issuer)
4 - CLEVELAND-CLIFFS INC. (0000764065) (Issuer)
4 - FREEPORT-MCMORAN INC (0000831259) (Issuer)
4 - CLEVELAND-CLIFFS INC. (0000764065) (Issuer)
4 - CLEVELAND-CLIFFS INC. (0000764065) (Issuer)
4 - CLEVELAND-CLIFFS INC. (0000764065) (Issuer)
Freeport (NYSE:FCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX's common stock payable on November 1, 2024, to shareholders of record as of October 15, 2024. The declaration includes a base dividend of $0.075 per share and variable dividend of $0.075 per share in accordance with FCX's performance-based payout framework. The payment of dividends is at the discretion of the Board, which will consider FCX's financial results, cash requirements, global economic conditions and other factors it deems relevant. FREEPORT: Foremost in Copper FCX is a leading international metals company with the objective of being foremost in copper. Headquartered
Alcoa Corporation (NYSE:AA, ASX: AAI))) plans to announce its third quarter 2024 financial results on Wednesday, October 16, 2024, after the close of trading on the New York Stock Exchange. Alcoa will host a conference call to discuss the third quarter financial results on October 16, 2024, at 5:00 p.m. EDT (October 17, 2024, at 8:00 a.m. AEDT). The call will be webcast live via Alcoa's website, www.alcoa.com. The third quarter earnings press release with financial results, and a related presentation, will be available on the "Investors" section of Alcoa's website, www.alcoa.com. A link to the press release will also be on Alcoa's X handle @Alcoa at www.X.com/Alcoa. Conference Call Infor
CHARLOTTE, N.C., Sept. 17, 2024 /PRNewswire/ -- Nucor Corporation (NYSE:NUE) today announced guidance for its third quarter ending September 28, 2024. Nucor expects third quarter earnings to be in the range of $0.87 to $0.97 per diluted share. After adding back certain one-time non-cash charges totaling approximately $0.43 per diluted share, described below, we expect third quarter adjusted earnings per diluted share to be in the range of $1.30 to $1.40. Nucor reported net earnings of $2.68 per diluted share in the second quarter of 2024 and $4.57 per diluted share in the third quarter of 2023. One-Time Non-Cash Charges Reflected in the third quarter of 2024 non-adjusted earnings guidance r
6 analysts have shared their evaluations of Freeport-McMoRan (NYSE:FCX) during the recent three months, expressing a mix of bullish and bearish perspectives. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 4 2 0 0 Last 30D 0 2 1 0 0 1M Ago 0 0 0 0 0 2M Ago 0 2 0 0 0 3M Ago 0 0 1 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $57.83, with a high estimate of $62.00 and a low estimate of $53.00. Surpassing the previo
Raymond James analyst Brian MacArthur maintains Freeport-McMoRan (NYSE:FCX) with a Outperform and lowers the price target from $54 to $53.
RBC Capital analyst Sam Crittenden reiterates Freeport-McMoRan (NYSE:FCX) with a Sector Perform and maintains $60 price target.
6-K - BHP Group Ltd (0000811809) (Filer)
SD - Ternium S.A. (0001342874) (Filer)
6-K - Ternium S.A. (0001342874) (Filer)
SC 13G/A - CLEVELAND-CLIFFS INC. (0000764065) (Subject)
SC 13G/A - STEEL DYNAMICS INC (0001022671) (Subject)
SC 13G/A - BHP Group Ltd (0000811809) (Subject)
Jefferies downgraded BHP Group from Buy to Hold and set a new price target of $68.00 from $72.00 previously
BofA Securities upgraded Steel Dynamics from Neutral to Buy and set a new price target of $155.00 from $140.00 previously
BofA Securities upgraded Alcoa from Neutral to Buy and set a new price target of $52.00 from $43.00 previously
U. S. Steel's Big River Steel, located in Osceola, Arkansas, passed a rigorous set of standards in environmental, social, and governance categories that raise the bar for sustainability across the steel supply chain. United States Steel Corporation (NYSE:X) ("U. S. Steel") today announced it is the first steel company in the world to qualify to sell its products as ResponsibleSteel Certified Steel at its Big River facility in Osceola, Arkansas. Big River received the first ResponsibleSteel Site Certification in North America in 2022 and is once again at the forefront of innovation by achieving certification for sustainably sourced and manufactured steel. This press release features multime
TORONTO, Sept. 03, 2024 (GLOBE NEWSWIRE) -- BHP Xplor, the six-month accelerator program aimed at revolutionizing critical mineral exploration, has officially opened applications for the 2025 cohort. Following the success of the 2023 and 2024 cohorts, BHP Xplor is excited to invite early-stage explorers to join its next chapter. Once again, the program is seeking visionary teams focused on uncovering new sources of critical minerals crucial for a sustainable future. The BHP Xplor program is designed to accelerate participants' exploration opportunities while fostering long-term relationships with BHP. Participants will benefit from up to $500K equity-free funding, expert mentorship, and
GrafTech International Ltd. (NYSE:EAF) ("GrafTech" or the "Company") announced today that the Company's Board of Directors (the "Board") has appointed Rory O'Donnell to the position of Chief Financial Officer and Senior Vice President of the Company, effective September 3, 2024. Mr. O'Donnell will serve as a member of the Company's executive leadership team and report directly to Chief Executive Officer and President Timothy Flanagan. He will be responsible for overseeing all financial aspects of the Company. "I am pleased to announce Rory's appointment as the Company's Chief Financial Officer and welcome him to GrafTech," said Timothy Flanagan, Chief Executive Officer and President. "Wit