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Stock Market News for Jan 28, 2011 - Market News
Friday, January 28, 2011 - 10:33am | 1265Technology stock earnings results helped the markets close higher on Thursday's trade after mixed economic data failed to push the markets up to new highs. The Dow fell from the psychological 12,000 mark it had touched Wednesday, the highest since June 2008. The Dow Jones Industrial Average rose...
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Nucor Cautious Into 2Q11, Goldman Raises PT To $42
Friday, January 28, 2011 - 10:26am | 160Goldman Sachs has published a research report on Nucor Corporation (NYSE: NUE) as the company exhibits "cautious optimism" going into 2Q11. In the report, Goldman writes "Similar to the other steel producers that have reported this week, we believe that the bulk of price realization for Nucor will...
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Nucor Posts 4Q Loss - Analyst Blog
Thursday, January 27, 2011 - 6:31pm | 765Nucor Corporation (NUE) recorded a net loss of $23.5 million or 4 cents per share in the fourth quarter of 2010, narrower than the Zacks Consensus Estimate of a loss of 10 cents per share compared with the year-ago $58.9 million or 18 cents per share. For the full year 2010, Nucor reported...
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Nucor Posts 4Q Loss - Analyst Blog
Thursday, January 27, 2011 - 6:14pm | 765Nucor Corporation (NUE) recorded a net loss of $23.5 million or 4 cents per share in the fourth quarter of 2010, narrower than the Zacks Consensus Estimate of a loss of 10 cents per share compared with the year-ago $58.9 million or 18 cents per share. For the full year 2010, Nucor reported...
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Nucor Receives Air Quality Permit for St. James Parish Project
Thursday, January 27, 2011 - 3:28pm | 106Nucor Corporation (NYSE: NUE) announced today that the Louisiana Department of Environmental Quality has issued an air quality permit for its direct reduced iron making facility that will be located in St. James Parish. Issuance of the air permit will allow the company to begin the process of...
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What's Hot on the Street
Thursday, January 27, 2011 - 1:56pm | 363Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet S&P Touches 1300, Dow Past 12,000 Stocks advanced Thursday as the S&P 500 touched the 1,300 level and the Dow Jones Industrial Average passed the 12,000 mark for the second consecutive session. Pending-...
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Cost Control Helps Amylin Cut Loss - Analyst Blog
Thursday, January 27, 2011 - 11:31am | 1270Amylin Pharmaceuticals (AMLN) reported a net loss of 8 cents per share in the fourth quarter of 2010, well below the Zacks Consensus Estimate and the year-ago loss of 32 cents. Full year 2010 loss came in at 94 cents, significantly below the Zacks Consensus Estimate of a loss of $1.26 and the...
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Cost Control Helps Amylin Cut Loss - Analyst Blog
Thursday, January 27, 2011 - 11:15am | 1270Amylin Pharmaceuticals (AMLN) reported a net loss of 8 cents per share in the fourth quarter of 2010, well below the Zacks Consensus Estimate and the year-ago loss of 32 cents. Full year 2010 loss came in at 94 cents, significantly below the Zacks Consensus Estimate of a loss of $1.26 and the...
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Nucor Reports Q4 EPS of $(0.04) vs. $(0.10)
Thursday, January 27, 2011 - 10:02am | 88Nucor Corporation (NYSE: NUE) announced today a consolidated net loss of $11.4 million or $0.04 per diluted share, for the fourth quarter of 2010. By comparison, Nucor reported net earnings of $23.5 million, or $0.07 per diluted share, in the third quarter of 2010 and net earnings of $58.9 million...
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Goldman Sachs Raises Allegheny Technologies PT To $65, Maintains Neutral Rating (ATI)
Thursday, January 27, 2011 - 9:51am | 120Goldman Sachs maintained its Allegheny Technologies (NYSE: ATI) Neutral rating and raised Allegheny Technology's price target to $65 from $61 in a research report published today. In the report, Goldman Sachs states, "Although we have no qualms about its HPM division, commodity stainless is a...
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Goldman Sachs Raises Allegheny Technologies PT To $65, Maintains Neutral Rating (ATI)
Thursday, January 27, 2011 - 9:50am | 120Goldman Sachs maintained its Allegheny Technologies (NYSE: ATI) Neutral rating and raised Allegheny Technology's price target to $65 from $61 in a research report published today. In the report, Goldman Sachs states, "Although we have no qualms about its HPM division, commodity stainless is a...
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Goldman Sachs Raises ATI Target To $65 From $61
Thursday, January 27, 2011 - 8:23am | 21Goldman Sachs is increasing its PT on Allegheny Technologies (NYSE: ATI) to $65 from $61.
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Allegheny Misses 4Q Consensus - Analyst Blog
Wednesday, January 26, 2011 - 6:01pm | 1049Allegheny Technologies Inc. (ATI) earned $15.1 million, or 15 cents per share, in the fourth quarter of 2010, missing the Zacks Consensus Estimate of 30 cents and falling significantly short from last year's $37.8 million, or 36 cents per share. Fourth-quarter results were impacted by a $19.5...
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Allegheny Misses 4Q Consensus - Analyst Blog
Wednesday, January 26, 2011 - 5:30pm | 1049Allegheny Technologies Inc. (ATI) earned $15.1 million, or 15 cents per share, in the fourth quarter of 2010, missing the Zacks Consensus Estimate of 30 cents and falling significantly short from last year's $37.8 million, or 36 cents per share. Fourth-quarter results were impacted by a $19.5...
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Trade Ideas From The State Of The Union (CSX, FSLR, APOL, GVA, FNSR)
Wednesday, January 26, 2011 - 2:50pm | 559President Obama addressed a wide array of issues in his State of the Union address last night, and now investors are clamoring for ways to profit off the President's speech. One of the major beneficiaries from last night's speech was high speed rail, which should benefit the rail roads like CSX (...