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SteelDynamics


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U.S. STOCKS Teladoc Health, Veritex, New York Community Bancorp

BUZZ-U.S. STOCKS ON THE MOVE- Teladoc Health, Veritex, New York Community Bancorp Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes rose on Tuesday, with the benchmark S&P 500 close to its intraday record high, as investors awaited a crucial Federal Reserve policy decision and fresh economic data allayed worries of a sharp slowdown in the U.S.
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U.S. STOCKS AppLovin, Regal Rexnord, Talkspace

BUZZ-U.S. STOCKS ON THE MOVE- AppLovin, Regal Rexnord, Talkspace Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main stock indexes rose on Tuesday, with the S&P 500 hitting an intraday record high ahead of a crucial Federal Reserve interest-rate decision, after fresh economic data allayed worries of a sharp slowdown in the U.S.
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U.S. STOCKS GE Vernova, Dell, Super Micro Computer

BUZZ-U.S. STOCKS ON THE MOVE-GE Vernova, Dell, Super Micro Computer Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures edged higher as investors awaited a batch of economic data and clung to hopes the Federal Reserve would deliver a supersized interest-rate cut at its monetary policy meeting, which starts on Tuesday.
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Nucor forecasts third-quarter profit below estimates as steel prices stay low

Nucor forecasts third-quarter profit below estimates as steel prices stay low Sept 17 (Reuters) - Nucor NUE.N forecast third-quarter profit below Wall Street estimates on Tuesday, as its steel mills segment wrestles with lower average selling prices. The North Carolina-based steelmaker said it expected third-quarter adjusted profit to range between $1.30 and $1.40 per share, compared with analysts' average estimate of $1.81, according to LSEG data.
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BMO Capital Markets lowers Steel Dynamics PT on weak steel pricing

BUZZ-BMO Capital Markets lowers Steel Dynamics PT on weak steel pricing ** BMO Capital Markets lowers Steel Dynamics STLD.O PT to $127 from $135, amid industry-wide pricing headwinds ** New PT represents a 14.4% upside from the stock's last close ** Brokerage expects profitability decline in Q3 due to lower prices ** STLD on Monday said it expects
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Steel Dynamics forecasts lower-than-expected Q3 profit

UPDATE 1-Steel Dynamics forecasts lower-than-expected Q3 profit Updates throughout Sept 16 (Reuters) - Steel Dynamics STLD.O forecast third-quarter profit below Wall Street estimates on Monday, as lower steel prices continue to weigh on its bottom line. Steel distributors are refraining from purchases beyond immediate inventory needs due to an oversupply in the market stemming from both domestic and production imports.
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Steel Dynamics forecasts lower-than-expected Q3 profit

Steel Dynamics forecasts lower-than-expected Q3 profit Sept 16 (Reuters) - Steel Dynamics STLD.O forecast lower than expected third-quarter profit on Monday amid lagging steel prices. The company expects to earn a profit of between $1.94 and $1.98 per share in the third quarter, compared with average analysts' estimate of $2.10 per share, according to LSEG data.
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U.S. STOCKS Uber, silver miners, Arm

BUZZ-U.S. STOCKS ON THE MOVE-Uber, silver miners, Arm Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes rose on Friday as investors reevaluated the possibility of a bigger interest rate cut by the Federal Reserve next week, while Photoshop maker Adobe tumbled after forecasting fourth-quarter earnings below estimates.
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U.S. STOCKS Atea Pharmaceuticals, Adobe, Similarweb

BUZZ-U.S. STOCKS ON THE MOVE-Atea Pharmaceuticals, Adobe, Similarweb Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street was on track to open slightly higher on Friday as investors reevaluated the possibility of a bigger interest rate cut by the Federal Reserve next week, while Boeing fell after the planemaker's factory workers went on strike.
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U.S. STOCKS Boeing, gold miners, Oracle

BUZZ-U.S. STOCKS ON THE MOVE-Boeing, gold miners, Oracle Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures were marginally higher on Friday as investors reevaluated the possibility of a bigger interest-rate cut by the Federal Reserve next week, while Boeing shares fell after the planemaker's factory workers went on strike.
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Some US Steel appeal would survive busted deal

RPT-BREAKINGVIEWS-Some US Steel appeal would survive busted deal The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jonathan Guilford NEW YORK, Sept 12 (Reuters Breakingviews) - Insufficient heat can interrupt the welding process, but U.S. Steel’s X.N problem has been too much of it. Fiery nationalistic and labor backlash is preventing the 123-year-old company from fusing with Japanese peer Nippon Steel 5401.T , as leery U.S.
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Some US Steel appeal would survive busted deal

RPT-BREAKINGVIEWS-Some US Steel appeal would survive busted deal The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jonathan Guilford NEW YORK, Sept 12 (Reuters Breakingviews) - Insufficient heat can interrupt the welding process, but U.S. Steel’s X.N problem has been too much of it. Fiery nationalistic and labor backlash is preventing the 123-year-old company from fusing with Japanese peer Nippon Steel 5401.T , as leery U.S.
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Seaport cuts PT for Nucor, Steel Dynamics on dour Q3 margin view

BUZZ-Seaport cuts PT for Nucor, Steel Dynamics on dour Q3 margin view ** Seaport Research cuts price targets for steelmaker Nucor NUE.N to $170 from $185 and Steel Dynamics STLD.O to $132 from $140 ** Sees steel price weakness to result in margin compression for steelmakers, headwinds likely to persist into Q4 ** "...recent improvements in U.S. hot
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Some US Steel appeal would survive busted deal

BREAKINGVIEWS-Some US Steel appeal would survive busted deal The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jonathan Guilford NEW YORK, Sept 12 (Reuters Breakingviews) - Insufficient heat can interrupt the welding process, but U.S. Steel’s X.N problem has been too much of it. Fiery nationalistic and labor backlash is preventing the 123-year-old company from fusing with Japanese peer Nippon Steel 5401.T , as leery U.S.
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Citi cuts Cleveland-Cliffs' PT amid steel price lows; shares fall

BUZZ-Citi cuts Cleveland-Cliffs' PT amid steel price lows; shares fall Updates ** Citi Research cuts PT for steelmaker Cleveland-Cliffs CLF.N to $12.5 from $18, maintains "neutral" rating ** Brokerage says CLF is struggling to convert its higher market share into higher EBITDA per ton amid weak steel prices ** Sees margins for North American steelmakers set to be squeezed by overall lower prices, especially in value-add sheet products ** Says investors anticipate weak Q3 results for steel cos an
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US steelmakers rise as JPM lifts ratings ahead of mid-quarter previews

BUZZ-US steelmakers rise as JPM lifts ratings ahead of mid-quarter previews ** Nucor's NUE.N shares rise 3% to $143.04, Steel Dynamics STLD.O up 1.2% to $112.37 and U.S. Steel X.N 3.3% to $32.30 ** Steel demand remains muted despite improved pricing, while inventories remain sufficient with buyers focused on contract volumes - J.P.Morgan ** Brokerage sees more favorable risk/reward for North American steelmakers as investors will begin to positively discount an improved rate environment, given a
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US Steel gains after JPM upgrades to overweight

BUZZ-US Steel gains after JPM upgrades to overweight ** Shares of U.S. Steel X.N rise 2.5% to $32 premarket ** J.P.Morgan upgrades stock to "overweight" from "neutral", raises PT on stock to $42 from $40 ** Expects co's shares to retreat further in a knee-jerk reaction if/when co's deal with Nippon Steel breaks officially, which would present a "so
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U.S. Exlservice Holdings, Steel Dynamics, US Steel

U.S. RESEARCH ROUNDUP-Exlservice Holdings, Steel Dynamics, US Steel Sept 9 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Exlservice Holdings, Steel Dynamics and U.S. Steel Corp, on Monday. HIGHLIGHTS * Essex Property Trust Inc ESS.N : BMO raises target price to $310 from $294 * Exlservice Holdings Inc EXLS.O : Jefferies raises to buy from hold * Steel Dynamics Inc STLD.O : JP Morgan raises to neutral from underweig
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Steel Dynamics, Along With Several Other Organizations, Files Trade Petitions Against Countries On Corrosion Resistant Flat Rolled Steel

BRIEF-Steel Dynamics, Along With Several Other Organizations, Files Trade Petitions Against Countries On Corrosion Resistant Flat Rolled Steel Sept 5 (Reuters) - Steel Dynamics Inc STLD.O : STEEL DYNAMICS, ALONG WITH SEVERAL OTHER ORGANIZATIONS, FILES TRADE PETITIONS AGAINST COUNTRIES ON CORROSION RESISTANT FLAT ROLLED STEEL STEEL DYNAMICS- PETITIONED DOC & U.S.
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Steelmakers' shares fall; iron ore futures retreat from 3-week high

BUZZ-Steelmakers' shares fall; iron ore futures retreat from 3-week high ** U.S. steel companies fall in morning trade ** Most-traded Jan. iron ore futures contract on China's Dalian Commodity Exchange end daytime trade flat at 754.5 yuan ($105.81)/ metric ton, while Sept. iron ore on Singapore Exchange down 0.64% at $100.95/ton ** Both benchmarks
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