Be on Top of the Latest Happenings: Complementary Research on Cliffs, Kinross, US Steel, Alcoa and Seadrill Ltd
Editor Note: For more information about this release, please scroll to bottom
NEW YORK, May 1, 2015 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including Cliffs Natural Resources Inc. (NYSE: CLF), Kinross Gold Corp. (NYSE: KGC), United States Steel Corp. (NYSE: X), Alcoa Inc. (NYSE: AA), and Seadrill Ltd. (NYSE: SDRL). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
To access our full PDF reports on a complementary basis, please visit the links below.
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Today's update concerns the following companies:
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Full PDF Download Links (you may have to copy and paste the following links into your browser):
CLF Research Report: ( http://get.analystsreview.com/pdf/?c=Cliffs&d=01-May-2015&s=CLF ),
KGC Research Report: ( http://get.analystsreview.com/pdf/?c=Kinross&d=01-May-2015&s=KGC ),
X Research Report: ( http://get.analystsreview.com/pdf/?c=US%20Steel&d=01-May-2015&s=X ),
AA Research Report: ( http://get.analystsreview.com/pdf/?c=Alcoa&d=01-May-2015&s=AA ),
SDRL Research Report: ( http://get.analystsreview.com/pdf/?c=Seadrill&d=01-May-2015&s=SDRL ).
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Analyst Update: Financial Results
Reviewed by: Rohit Tuli, CFA®
U.S. stocks tumbled on Thursday as Fed remained apprehensive about the interest rate outlook amid weaker than expected US first quarter economic data. The NASDAQ Composite was down 1.64%, to finish at 4941.42; the Dow Jones Industrial Average slipped 1.08%, to 17,840.52, and the S&P 500 ended 1.01% lower, at 2,085.51. Most importantly, the NASDAQ biotech index dropped 3.05% on Thursday and was down 8.1% in the past one week, led by disappointing earnings. European stocks gained on Thursday, supported by the strong euro and news of euro bloc's recovery from four consecutive months of deflation. Germany's DAX 30 rose 0.19%; France's CAC 40 jumped 0.14%, and the London's FTSE 100 closed 0.21% higher. Meanwhile, Asian markets mostly disappointed on Thursday. Japan's Nikkei, Australia's S&P ASX and Hong Kong's Hang Seng index all fell on Thursday.
On April 28, 2015 Cliffs Natural Resources Inc. reported its first quarter 2015 financial results with revenues of $446 million, down by 28% from the prior year's first quarter revenues of $616 million. The Company informed that the revenue figures for 2015 and 2014 each exclude the revenue contribution from North American Coal.
Kinross Gold Corporation plans to release its financial and operating results for the first quarter of 2015 on May 5, 2015. On the following day, the Company will hold a conference call and audio webcast to discuss the results at 7:45 a.m. ET, followed by a question-and-answer session.
United States Steel Corporation reported its financial results for Q1 FY 2015 on April 28, 2015. The Company reported a net loss of $75 million, or $0.52 per diluted share for Q1. The corresponding figures for Q1 FY 2014 were net earnings of $52 million or $0.34 per diluted share.
RTI International Metals, a leading vertically integrated global supplier of advanced titanium and specialty metals products and services, which is soon to be merged with Alcoa Inc, announced its financial results for Q1 2015 on April 28, 2015. RTI reported revenues of $198.5 million, up 14% from $174.5 million for the same period last year.
On April 22, 2015, Seadrill Limited announced that it has filed its annual report on Form 20-F for the year ended December 31, 2014 with the Securities and Exchange Commission in the U.S.
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About Analysts Review
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Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.
Compliance Procedure: Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA®. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
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