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Why ArcelorMittal (MT) Is the Best Steel Stock Today

13h zacks
ArcelorMittal (MT - Free Report) – the biggest steel producer on the planet – is having an impressive run of late, thanks to improving global steel market conditions and the company’s internal initiatives. The Luxembourg-based company has seen its shares shoot up roughly 34% so far this year. The stock is also up around 29% over the last six months. ArcelorMittal has also seen strong earnings estimate revision activity over the past month, suggesting analysts are becoming more bullish on the firm’s prospects in both the short and long term. (43-0)

Top Ranked Value Stocks to Buy for November 16th

2017-11-16 zacks
Here are four stocks with buy rank and strong value characteristics for investors to consider today, November 16th: (64-0)

POSCO Poised to Benefit From Rising Global Steel Demand

2017-11-16 zacks
We believe that POSCO (PKX - Free Report) is a solid choice for investors seeking exposure in the steel space. The company is poised to gain traction from its initiatives to strengthen its businesses and healthy global steel demand. The stock has been upgraded to a Zacks Rank #1 (Strong Buy) on Nov 16. Year to date, the American Depository Receipts (ADR) of this Korean steelmaker have yielded 33.5% return, outperforming 3. (12-0)

DowDuPont to Expand Capacity to Meet DuPont Zytel HTN Demand

2017-11-16 zacks
Some better-ranked companies in the basic materials space are Ingevity Corporation (NGVT - Free Report) , ArcelorMittal (MT - Free Report) and Westlake Chemical Corporation (WLK - Free Report) , all sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. (12-0)

Arconic (ARNC) and Airbus Ink Aerospace 3D-Printing Deal

2017-11-16 zacks
Arconic Inc. (ARNC - Free Report) entered into a multi-year cooperative research deal with Airbus to advance metal 3D printing for aircraft manufacturing. The deal combines Arconic’s expertise in metal additive production and metallurgy with Airbus’s qualification and design capabilities. Per the deal, both companies will build customized parameters and processes to make and qualify large, structural 3D printed components like rib structures and pylon spars up to roughly 1 meter in length. (45-0)

Royal Gold (RGLD) Raises Annual Dividend by 4.2% to $1

2017-11-16 zacks
Royal Gold, Inc. (RGLD - Free Report) declared that its board has hiked the company’s annual dividend for shares of common stock by roughly 4.2% to $1 per share from 96 cents, which will be payable on a quarterly basis of 25 cents per share. The dividend is payable on Jan 19, 2018 to shareholders of record at the close of business as of Jan 5, 2018. Notably, this is the 17th consecutive annual dividend hike declared by the company. (14-0)

Nucor to Build Full-Range Merchant Bar Mill in Illinois

2017-11-16 zacks
Some better-ranked companies in the basic materials space are Ingevity Corporation (NGVT - Free Report) , ArcelorMittal (MT - Free Report) and Westlake Chemical Corporation (WLK - Free Report) , all sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. (14-0)

Westlake Chemical Prices Senior Notes Offering Worth $500M

2017-11-15 zacks
Westlake Chemical Corporation (WLK - Free Report) has priced its earlier announced underwritten public offering of $500 million total principal amount of senior unsecured notes due 2047. The notes, which will carry an interest rate of 4.375% per annum, will mature on Nov 15, 2047. Subject to customary closing conditions, the sale of notes is scheduled to close on Nov 28, 2017. The company plans to utilize the net proceeds from the proposed public offering of the notes along with cash on hand, borrowings under its revolving credit facility, 2017 Revenue Refunding Bonds and the planned remarketing of up to $250 million total principal amount of Community Development Authority Revenue Refunding Bonds and Louisiana Local Government Environmental Facilities, to redeem $1. (81-0)

ArcelorMittal (MT) Q3 Earnings Top, Sales Miss Estimates

2017-11-13 zacks
Steel giant ArcelorMittal (MT - Free Report) logged net income of $1,205 million or $1.18 per share in third-quarter 2017, up from net earnings of $680 million or 67 cents recorded a year ago. Earnings per share topped the Zacks Consensus Estimate of 86 cents. Revenues went up 21.5% year over year to $17,639 million in the quarter on the back of higher average steel selling prices, higher steel shipments, higher market-priced iron ore shipments and higher seaborne iron ore prices. (7-0)

ArcelorMittal's (MT) Management on Q3 2017 Results - Earnings Call Transcript

2017-11-10 seekingalpha
Good afternoon, everybody. This is Daniel Fairclough from the ArcelorMittal Investor Relations team. I am joined by Genuino Christino who is our Group Head of Finance and together we like to welcome you to this call to discuss the third quarter 2017 results. This morning, we published our results along side a full presentation with speaker notes and an accompanying Q&A document. So, hope you have had chance to review these documents and what I hope you take away from those documents this is our best third quarter shipments performance since 2008. (52-0)

ArcelorMittal Stock Heads Higher on Strong Quarter, Outlook | InvestorPlace

2017-11-10 investorplace
ArcelorMittal SA (ADR) (NYSE:MT) stock was on the rise today following the release of its earnings report for the third quarter of 2017.

L.B. Foster's (FSTR) Q3 Earnings and Revenues Improve Y/Y

2017-11-09 zacks
Premium railroads service provider L.B. Foster Company’s third-quarter 2017 earnings improved on a year-over-year as well as sequential basis. However, the quarterly results failed to win investors’ confidence, as we notice that share price of the company dipped nearly 6.5% to $22.20 per share on Nov 8. Earnings and Revenues Quarterly adjusted earnings came in at 31 cents per share, up 6.7% sequentially. (2-0)

5 Low Leverage Stocks That Will Boost Your Portfolio

2017-11-08 zacks
In the complex world of investment, understanding the amount of financial leverage a company bears is crucial. With capital being one of the basic factors of production, companies - especially those facing a dearth of resources - need exogenous funds to finance their corporate expenses, run operations smoothly as well as expand the realm of their business. Among equity and debt - the two most common options used to boost a company's future earnings - debt is the more popular one. (50-0)

Top Ranked Value Stocks to Buy for November 7th

2017-11-07 zacks
Here are four stocks with buy rank and strong value characteristics for investors to consider today, November 7th: (41-1)

SHU Portfolio: Value Versus Growth Stocks

2017-11-04 seekingalpha
We've mostly avoided growth stocks on a valuation basis in an already expensive and extended market. (439-5)

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