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Wells Fargo Prefers Steel Dynamics As Prices Stabilize
Friday, March 20, 2015 - 12:23pm | 296Read More...AK Steel Holding Corporation (NYSE: AKS) stands to loose out as a high-cost operator when steel prices begin stabilizing, an analyst said Friday. AK issued a profit warning Thursday, joining Steel Dynamics, Inc. (NASDAQ: STLD) and Nucor Corporation (NYSE: NUE) which made similar...
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Wells Fargo is Cautious on Steel Sector, Downgrades Nucor and U.S. Steel
Friday, November 22, 2013 - 4:41pm | 333Read More...In a report published Friday, Wells Fargo analyst Sam Dubinsky downgraded Nucor Corporation (NYSE: NUE) and United States Steel Corp. (NYSE: X). Wells Fargo downgraded U.S. Steel from Market Perform to Underperform. "We believe shares are being rewarded prematurely on cost cutting measures,"...
