Technical Trade Alerts on Steel & Iron Stocks: X, STLD, MTL, ZEUS, CLF, MT
United States Steel Corp. (X) shares closed yesterday at $100.05, a positive change of $6.36, or an increase of 6.79% from the previous close of $93.69.
(EMAILWIRE.COM, September 11, 2008 ) DALLAS, Texas - Today’s Trade Alerts include: United States Steel Corp. (NYSE: X), Steel Dynamics Inc. (Nasdaq: STLD), Mechel Open Joint Stock Company (NYSE: MTL), Olympic Steel Inc. (Nasdaq: ZEUS), Cleveland-Cliffs Inc. (NYSE: CLF) and Arcelor Mittal (NYSE: MT).
“United States Steel Corp. (X) shares closed yesterday at $100.05, a positive change of $6.36, or an increase of 6.79% from the previous close of $93.69. The company's U.S. Steel Tubular Products Inc. subsidiary recently announced its United Steelworkers-represented employees have ratified new four-year collective bargaining agreements...
“One agreement covers approximately 16,000 employees at United States Steel's domestic flat-rolled and iron ore mining facilities as well as tubular operations in Lorain, Ohio, and Fairfield, Alabama. The second agreement covers approximately 900 employees at U.S. Steel Tubular Products Inc.'s Texas Operations Division, a welded tubular products facility in Lone Star, Texas…
“The agreements provide for pension and other benefit enhancements for both current employees and retirees; the profit sharing plan from the 2003 agreement has been continued and will include all tubular operations in the future. These agreements, which took effect September 1, contain no-strike provisions and will expire on September 1, 2012...”
“Steel Dynamics Inc. (STLD) shares closed yesterday at $21.35, a positive change of $2.46, or an increase of 13.03% from the previous close of $18.89. Steel Dynamics, together with its subsidiaries, engages in the manufacture and sale of steel products in the United States…
“The company's board of directors recently authorized the buyback of an additional 10 million shares of company stock under the company’s existing repurchase plan. In a news release, Steel Dynamics said it has so far repurchased 7.9 million shares since the date of authorization…
“‘This increase in authorized shares, on top of our recent strong share repurchase activity, is as clear an indication as our board and management can give of our belief that our stock is significantly undervalued,’ Steel Dynamics chairman and CEO Keith Busse said in the release. ‘We continue to believe that the purchase of our stock at these prices will deliver outstanding value to our stockholders and is one of the most appropriate uses of our resources at this time. Moreover, we believe that we can do this without sacrificing expansion, capital investment or growth plans.’…”
Investors can view all of the TraderNotes and investment articles for free by visiting:
http://www.beaconequity.com/m
Join the fastest growing investor community at:
http://www.stocknetworkonline.com/
BeaconEquity.com’s Market News is one of the fastest growing small cap blogs in the investment community. Beacon is the authority on research in the small cap sector, and our analysts strive each day to find the stocks that are poised to be the biggest movers before the rest of the market is aware of them.
We encourage investors to subscribe to our FREE newsletter filled with daily trading ideas by visiting: http://www.BeaconEquity.com/m
BeaconEquity.com is one of the industry’s largest small cap research providers. Beacon strives to provide a balanced view of many promising small cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the publicly available information available on them. For more information on Beacon Research, please visit: http://www.BeaconEquity.com
Beacon Equity Research Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT OR WEB SITE. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice.
The information contained in our report should be viewed as commercial advertisement and is not intended to be investment advice. The report is not provided to any particular individual with a view toward their individual circumstances. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
Our newsletter and Web site have been prepared for informational purposes only and are not intended to be used as a complete source of information on any particular company. An individual should never invest in the securities of any of the companies profiled based solely on information contained in our report. Individuals should assume that all information contained in the report about profiled companies is not trustworthy unless verified by their own independent research.
Any individual who chooses to invest in any securities should do so with caution. Investing in securities is speculative and carries a high degree of risk; you may lose some or all of the money that is invested. Always research your own investments and consult with a registered investment advisor or licensed stock broker before investing.
BeaconEquity.com is a Web site wholly owned by BlueWave Advisors, LLC. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. BlueWave Advisors LLC, its principal and/or its affiliates will hold positions in the company profiled and may buy or sell securities at any time without notice.
Information contained in our report will contain “forward looking statements” as defined under Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Subscribers are cautioned not to place undue reliance upon these forward looking statements. These forward looking statements are subject to a number of known and unknown risks and uncertainties outside of our control that could cause actual operations or results to differ materially from those anticipated. Factors that could affect performance include, but are not limited to, those factors that are discussed in each profiled company's most recent reports or registration statements filed with the SEC. You should consider these factors in evaluating the forward looking statements included in the report and not place undue reliance upon such statements.
We are committed to providing factual information on the companies that are profiled. However, we do not provide any assurance as to the accuracy or completeness of the information provided, including information regarding a profiled company's plans or ability to effect any planned or proposed actions. We have no first-hand knowledge of any profiled company’s operations and therefore cannot comment on their capabilities, intent, resources, nor experience and we make no attempt to do so. Statistical information, dollar amounts, and market size data was provided by the subject company and related sources which we believe to be reliable.
To the fullest extent of the law, we will not be liable to any person or entity for the quality, accuracy, completeness, reliability, or timeliness of the information provided in the report, or for any direct, indirect, consequential, incidental, special or punitive damages that may arise out of the use of information we provide to any person or entity (including, but not limited to, lost profits, loss of opportunities, trading losses, and damages that may result from any inaccuracy or incompleteness of this information).
We encourage you to invest carefully and read investment information available at the Web sites of the SEC at http://www.sec.gov and FINRA at http://www.finra.org
Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
“United States Steel Corp. (X) shares closed yesterday at $100.05, a positive change of $6.36, or an increase of 6.79% from the previous close of $93.69. The company's U.S. Steel Tubular Products Inc. subsidiary recently announced its United Steelworkers-represented employees have ratified new four-year collective bargaining agreements...
“One agreement covers approximately 16,000 employees at United States Steel's domestic flat-rolled and iron ore mining facilities as well as tubular operations in Lorain, Ohio, and Fairfield, Alabama. The second agreement covers approximately 900 employees at U.S. Steel Tubular Products Inc.'s Texas Operations Division, a welded tubular products facility in Lone Star, Texas…
“The agreements provide for pension and other benefit enhancements for both current employees and retirees; the profit sharing plan from the 2003 agreement has been continued and will include all tubular operations in the future. These agreements, which took effect September 1, contain no-strike provisions and will expire on September 1, 2012...”
“Steel Dynamics Inc. (STLD) shares closed yesterday at $21.35, a positive change of $2.46, or an increase of 13.03% from the previous close of $18.89. Steel Dynamics, together with its subsidiaries, engages in the manufacture and sale of steel products in the United States…
“The company's board of directors recently authorized the buyback of an additional 10 million shares of company stock under the company’s existing repurchase plan. In a news release, Steel Dynamics said it has so far repurchased 7.9 million shares since the date of authorization…
“‘This increase in authorized shares, on top of our recent strong share repurchase activity, is as clear an indication as our board and management can give of our belief that our stock is significantly undervalued,’ Steel Dynamics chairman and CEO Keith Busse said in the release. ‘We continue to believe that the purchase of our stock at these prices will deliver outstanding value to our stockholders and is one of the most appropriate uses of our resources at this time. Moreover, we believe that we can do this without sacrificing expansion, capital investment or growth plans.’…”
Investors can view all of the TraderNotes and investment articles for free by visiting:
http://www.beaconequity.com/m
Join the fastest growing investor community at:
http://www.stocknetworkonline.com/
BeaconEquity.com’s Market News is one of the fastest growing small cap blogs in the investment community. Beacon is the authority on research in the small cap sector, and our analysts strive each day to find the stocks that are poised to be the biggest movers before the rest of the market is aware of them.
We encourage investors to subscribe to our FREE newsletter filled with daily trading ideas by visiting: http://www.BeaconEquity.com/m
BeaconEquity.com is one of the industry’s largest small cap research providers. Beacon strives to provide a balanced view of many promising small cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the publicly available information available on them. For more information on Beacon Research, please visit: http://www.BeaconEquity.com
Beacon Equity Research Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT OR WEB SITE. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice.
The information contained in our report should be viewed as commercial advertisement and is not intended to be investment advice. The report is not provided to any particular individual with a view toward their individual circumstances. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
Our newsletter and Web site have been prepared for informational purposes only and are not intended to be used as a complete source of information on any particular company. An individual should never invest in the securities of any of the companies profiled based solely on information contained in our report. Individuals should assume that all information contained in the report about profiled companies is not trustworthy unless verified by their own independent research.
Any individual who chooses to invest in any securities should do so with caution. Investing in securities is speculative and carries a high degree of risk; you may lose some or all of the money that is invested. Always research your own investments and consult with a registered investment advisor or licensed stock broker before investing.
BeaconEquity.com is a Web site wholly owned by BlueWave Advisors, LLC. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. BlueWave Advisors LLC, its principal and/or its affiliates will hold positions in the company profiled and may buy or sell securities at any time without notice.
Information contained in our report will contain “forward looking statements” as defined under Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Subscribers are cautioned not to place undue reliance upon these forward looking statements. These forward looking statements are subject to a number of known and unknown risks and uncertainties outside of our control that could cause actual operations or results to differ materially from those anticipated. Factors that could affect performance include, but are not limited to, those factors that are discussed in each profiled company's most recent reports or registration statements filed with the SEC. You should consider these factors in evaluating the forward looking statements included in the report and not place undue reliance upon such statements.
We are committed to providing factual information on the companies that are profiled. However, we do not provide any assurance as to the accuracy or completeness of the information provided, including information regarding a profiled company's plans or ability to effect any planned or proposed actions. We have no first-hand knowledge of any profiled company’s operations and therefore cannot comment on their capabilities, intent, resources, nor experience and we make no attempt to do so. Statistical information, dollar amounts, and market size data was provided by the subject company and related sources which we believe to be reliable.
To the fullest extent of the law, we will not be liable to any person or entity for the quality, accuracy, completeness, reliability, or timeliness of the information provided in the report, or for any direct, indirect, consequential, incidental, special or punitive damages that may arise out of the use of information we provide to any person or entity (including, but not limited to, lost profits, loss of opportunities, trading losses, and damages that may result from any inaccuracy or incompleteness of this information).
We encourage you to invest carefully and read investment information available at the Web sites of the SEC at http://www.sec.gov and FINRA at http://www.finra.org
Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
Contact Information:
Beacon Equity Research
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Beacon Equity Research
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
|
Private Equity, Angel Investing
Equity Alliance / Private Equity, Angel Investing, / IPO, Venture Capital & IR services / Equity Alliance International Equityallianceir.com Penny Stocks to Watch Sign up for hot penny stock picks Gains of 500%+ possible! Premiumstockpicks.com/landing/ Your text Ads & PR Text Ads plus unlimited press releases, One release featured/Day for only $575 per month. Read more on Text Ads & PR Your text Ads Here! Text Ads are only $289 per month. Ads are placed same day. More on Text Ads Advertising |