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Zacks News
Carpenter Technology (CRS) to Invest $100M in Reading Mill
by Zacks Equity Research
Carpenter Technology (CRS) latest move will help meet the increasing demand of aerospace, consumer electronics and electric vehicle manufacturing customers.
Companhia Siderurgica (SID) Posts Q4 Earnings, Sales Solid
by Zacks Equity Research
Companhia Siderurgica Nacional's (SID) fourth-quarter 2017 net earnings increase over the year-ago quarter's loss. Revenues increase 10.5% year over year on higher steel products and iron ore prices.
U.S. Steel (X) Up 39% in 6 Months: What's Driving the Stock?
by Zacks Equity Research
Solid Q4 results and upbeat outlook contribute to U.S. Steel's (X) price performance.
Freeport (FCX) Up 23% in 6 Months: What's Driving the Stock?
by Zacks Equity Research
Freeport's (FCX) shares ride on solid Q4 results & upbeat outlook.
Here's Why You Should Add Chemours (CC) to Your Portfolio
by Zacks Equity Research
The Chemours Company (CC) stands to gain from better-than-expected demand for Ti-Pure titanium dioxide and fluoroproducts. It has recently increased its 2018 projections.
5 Reasons to Add CF Industries (CF) Stock to Your Portfolio
by Zacks Equity Research
Based on its compelling prospects, we believe CF Industries (CF) has plenty of upside potential.
Here's Why You Should Add Univar (UNVR) to Your Portfolio
by Zacks Equity Research
Univar (UNVR) stands to gain from a strong demand for its services, solid overseas operations and meaningful acquisitions. Rewarding shareholders and making growth investments remain priorities.
Allegheny (ATI) to Invest $95 Million for Capacity Expansion
by Zacks Equity Research
Allegheny's (ATI) $95-million investment in Cudahy will help to meet the growing demand from the aerospace jet engine market.
U.S. Silica (SLCA) to Acquire EP Minerals for $750 Million
by Zacks Equity Research
U.S. Silica's (SLCA) latest deal provides meaningful growth opportunities and reliable cash flows complementing its Oil & Gas unit.
ArcelorMittal (MT) Up 22% in 6 Months: What's Driving the Stock?
by Anindya Barman
Strong earnings performance, upbeat outlook and the company's internal initiatives have contributed to a rally in ArcelorMittal's (MT) shares.
Methanex (MEOH) Up 32% in a Year: What's Driving the Stock?
by Zacks Equity Research
Forecast topping earnings performance, healthy demand for methanol contributed to Methanex's (MEOH) price performance.
LyondellBasell Gets U.S. Antitrust Nod for A. Schulman Buyout
by Zacks Equity Research
The $2.25 billion acquisition doubles the size of LyondellBasell's (LYB) existing compounding business.
DowDuPont Unit Inks 3-Year Digital Solutions Deal With Planet
by Zacks Equity Research
DowDuPont (DWDP) agriculture unit's three-year agreement with Planet will enable farmers to maximize crop potential.
Eastman Chemical (EMN) Up 23% in 6 Months: What's Driving It?
by Zacks Equity Research
Solid Q4 results and upbeat 2018 outlook contributed to Eastman Chemical's (EMN) price performance. It should gain from cost-cutting actions, strategic acquisitions and debt reduction.
A New Fed Chair Shapes the Market's Outlook
by John Blank
Jerome Powell deferred to the FOMC. The risk markets liked that.
Stock Market Today, March 21: Stocks Mixed on Fed Rate Hike
by Ryan McQueeney
To no one's surprise, the Federal Reserve on Wednesday announced it would be raising interest rates for the sixth time since late 2015, lifting the benchmark to a target of 1.5% to 1.75%.
Westlake (WLK) Announces Optional Redemption of Senior Notes
by Zacks Equity Research
Westlake Chemical (WLK) plans to use cash in hand and borrowings under its revolving credit facility, if necessary, to fund the redemption.
Kinross Gold (KGC) Takes Up New Shareholder Rights Plan
by Zacks Equity Research
Kinross Gold's (KGC) new shareholder rights plan provides equal opportunity to all shareholders to participate in takeover bid.
U.S. Silica (SLCA) to Divest Transload Assets for $75 Million
by Zacks Equity Research
The divestment is a continuation of U.S. Silica's (SLCA) strategy to utilize partners such as CIG Logistics to manage its transloading operations.
Celanese Abandons Merger Deal with Blackstone's Rhodia Acetow
by Zacks Equity Research
Celanese (CE) and Blackstone's Rhodia Acetow business have failed to reach an agreement with EC on acceptable conditions regarding their previously announced JV deal.
Huntsman (HUN) Acquires Demilec in All-Cash Deal Worth $350M
by Zacks Equity Research
Huntsman's (HUN) latest move is expected to generate more than 25% EBITDA margins and double-digit growth.
Steel Dynamics (STLD) Provides Earnings Guidance for Q1
by Zacks Equity Research
Steel Dynamics' (STLD) adjusted earnings for Q1 is expected to be higher sequentially. It also expects improving steel consumption and pricing momentum to continue this year.
Nucor (NUE) Provides Q1 Guidance, Upbeat on Steel Mills
by Zacks Equity Research
Nucor (NUE) expects first-quarter earnings to be between $1.00 and $1.05 per share and sees pricing momentum to continue for its steel mills unit.
PPG Industries to Hike Price of Automotive OEM Coatings
by Zacks Equity Research
PPG Industries (PPG) is taking appropriate pricing actions to offset the impact of raw materials cost inflation.
LyondellBasell, SUEZ Start Plastics Recycling Venture
by Zacks Equity Research
LyondellBasell's (LYB) partnership with SUEZ will help boost its current range of polypropylene and polyethylene materials to meet the rising customer demand, on par with the EU's Plastics Strategy.