Company | Date | Price Target | Rating | Analyst |
---|---|---|---|---|
9/9/2024 | $120.00 → $131.00 | Underweight → Neutral | JP Morgan | |
9/9/2024 | $170.00 → $174.00 | Neutral → Overweight | JP Morgan | |
9/4/2024 | $36.00 | Peer Perform → Outperform | Wolfe Research | |
9/3/2024 | $129.00 → $145.00 | Neutral → Buy | UBS | |
8/27/2024 | $16.50 | Neutral → Buy | Seaport Research Partners | |
8/15/2024 | $187.00 → $176.00 | Equal-Weight → Overweight | Morgan Stanley | |
8/12/2024 | $32.00 → $38.00 | Sell → Buy | UBS | |
8/2/2024 | Underperform → Peer Perform | Wolfe Research |
4 - STEEL DYNAMICS INC (0001022671) (Issuer)
4 - STEEL DYNAMICS INC (0001022671) (Issuer)
4 - STEEL DYNAMICS INC (0001022671) (Issuer)
Cleveland-Cliffs Inc. (NYSE:CLF) ("Cliffs") today announced that it successfully amended its $4.75 billion Asset-Based Lending (ABL) facility as part of the financing for the pending acquisition of Stelco Holdings Inc. ("Stelco"). Cliffs has completely replaced Goldman Sachs' participation with increased commitments from Bank of America, Wells Fargo, J.P. Morgan, Fifth Third, Truist, Capital One, BMO, Huntington, and U.S. Bank. Additionally, PNC, Flagstar, UBS, MUFG, Regions, Barclays, ING, RBC, and First Citizens have also maintained their existing commitments to the ABL. Cliffs' Chairman, President and CEO, Lourenco Goncalves said: "In this latest ABL amendment, our capital request was t
CHARLOTTE, N.C., Sept. 12, 2024 /PRNewswire/ -- The Board of Directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.54 per share on Nucor's common stock. This cash dividend is payable on November 8, 2024 to stockholders of record on September 27, 2024 and is Nucor's 206th consecutive quarterly cash dividend. About Nucor Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girder
GMIN to acquire the CentroGold Project in Brazil's prospective Gurupi Gold Belt from BHPCentroGold contains 1.7 million ounces of indicated and 0.6 million ounces of inferred JORC-compliant gold resource that is open for expansion in all directions and at depthDistrict-scale land package comprises 47 tenements covering ~1,900 km2 and offers potential for multiple new discoveriesCentroGold to provide long-term growth following Tocantinzinho ramp-up and Oko West developmentAccretive transaction adds to GMIN's project pipeline with no upfront costBROSSARD, QC, Sept. 9, 2024 /PRNewswire/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSX:GMIN) (OTCQX:GMINF) is pleased to announce that
JP Morgan upgraded Steel Dynamics from Underweight to Neutral and set a new price target of $131.00 from $120.00 previously
JP Morgan upgraded Nucor from Neutral to Overweight and set a new price target of $174.00 from $170.00 previously
Wolfe Research upgraded Alcoa from Peer Perform to Outperform and set a new price target of $36.00
8-K - CLEVELAND-CLIFFS INC. (0000764065) (Filer)
6-K - POSCO HOLDINGS INC. (0000889132) (Filer)
6-K/A - POSCO HOLDINGS INC. (0000889132) (Filer)
CHARLOTTE, N.C., Sept. 12, 2024 /PRNewswire/ -- The Board of Directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.54 per share on Nucor's common stock. This cash dividend is payable on November 8, 2024 to stockholders of record on September 27, 2024 and is Nucor's 206th consecutive quarterly cash dividend. About Nucor Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girder
FORT WAYNE, Ind., Aug. 16, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a third quarter cash dividend of $0.46 per common share. The dividend is payable to shareholders of record at the close of business on September 30, 2024 and is payable on or about October 11, 2024. About Steel Dynamics, Inc.Steel Dynamics is one of the largest domestic steel producers and metals recyclers in North America, based on estimated annual steelmaking and metals recycling capability, with facilities located throughout t
Alcoa Corporation (NYSE:AA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share of the Company's common stock and Series A convertible preferred stock, to be paid on August 29, 2024, to stockholders of record as of the close of business on August 12, 2024. In connection with the Company's acquisition of Alumina Limited, the Series A convertible preferred stock was created and will be issued at the closing of that transaction, expected on August 1, 2024. About Alcoa Corporation Alcoa (NYSE:AA) is a global industry leader in bauxite, alumina and aluminum products with a vision to reinvent the aluminum industry for a sustainable future. Wit
SC 13G/A - CLEVELAND-CLIFFS INC. (0000764065) (Subject)
SC 13G/A - STEEL DYNAMICS INC (0001022671) (Subject)
SC 13G/A - BHP Group Ltd (0000811809) (Subject)
4 - CLEVELAND-CLIFFS INC. (0000764065) (Issuer)
4 - CLEVELAND-CLIFFS INC. (0000764065) (Issuer)
4 - CLEVELAND-CLIFFS INC. (0000764065) (Issuer)
Nucor Corporation (NYSE:NUE) shares are trading lower today. Yesterday, the company reported better-than-expected second-quarter financial results. Nucor reported quarterly earnings of $2.68 per share, which beat the analyst consensus estimate of $2.35 by 14.04%. Quarterly sales came in at $8.08 billion, which beat the analyst consensus estimate of $7.69 billion by 5.13%. Nucor anticipates a decline in third-quarter 2024 earnings compared to the second quarter, primarily due to lower average selling prices impacting the steel mills segment. KeyBanc Capital Markets analyst Philip Gibbs says that 3Q24 guidance suggests weaker earnings in Steel Products and Raw Materials than his curre
Cleveland-Cliffs Inc. (NYSE:CLF) shares are trading higher today after the company reported financial results for the second quarter yesterday. The company reported revenue of $5.09 billion, missing the consensus estimate of $5.20 billion, according to Benzinga Pro. The company reported breakeven adjusted earnings, beating analyst estimates for a loss of 2 cents per share. Cleveland-Cliffs lowered its full-year 2024 expected capital expenditures range from a range of $675 million to $725 million to a new range of $650 million to $700 million. The company also noted that its year-over-year steel unit cost reduction objective of approximately $30 per net ton remains on track. KeyBa
Nucor Corporation (NYSE:NUE) shares are climbing after the company reported its second-quarter financial results Monday. Here's a look at the key figures from the report. The Details: Nucor reported quarterly earnings of $2.68 per share which beat the analyst consensus estimate of $2.35 by 14.04%. Quarterly sales came in at $8.08 billion, which beat the analyst consensus estimate of $7.69 billion by 5.13%. A total of approximately 6.289 million tons were shipped to outside customers in the second quarter of 2024, a 1% increase compared with the first quarter of 2024 and a 5% decrease compared with the second quarter of 2023. Total steel mill shipments in the second quarter of 2024
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
Alcoa Corporation (NYSE:AA, ASX: AAI))) today announced a transition in its Investor Relations leadership, appointing Louis Langlois, senior vice president, Treasury and Capital Markets effective September 1, 2024. Mr. Langlois will assume responsibility for the Company's investor relations and pension investment functions from Jim Dwyer, vice president, Investor Relations and Pension Investments, who will retire on September 1 after more than 30 years of service. Mr. Langlois is currently senior vice president and treasurer. He will continue to report to Executive Vice President and Chief Financial Officer Molly Beerman. "Louis will extend the strong relationships he currently has with o