Top Russian Steelmaker Sees Risk of Shutdowns as Economy Slows
'The shutdown of some metallurgical production facilities in Russia can not be ruled out as a measure to balance supply,' Severstal's Chief Executive Officer Alexander Shevelev said in interview with Rossiya-24 television channel.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
HOCHTIEF Second Quarter 2025 Earnings: EPS: €2.30 (vs €4.03 in 2Q 2024)
HOCHTIEF (ETR:HOT) Second Quarter 2025 Results Key Financial Results Revenue: €9.45b (up 20% from 2Q 2024). Net income: €173.2m (down 43% from 2Q 2024). Profit margin: 1.8% (down from 3.8% in 2Q 2024). EPS: €2.30 (down from €4.03 in 2Q 2024). We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period HOCHTIEF Earnings Insights Looking ahead, revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Construction industry in Europe. Performance of the market in Germany. The company's shares are up 4.6% from a week ago. Risk Analysis You should learn about the 3 warning signs we've spotted with HOCHTIEF. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
2 hours ago
- Yahoo
JPMorgan Initiates Coverage on Argan (AGX) with Neutral Rating Amid Energy Expansion
Argan, Inc. (NYSE:AGX) is one of the growth stocks that could double by 2027. On July 21, JPMorgan initiated coverage on AGX with a Neutral rating and a $220 price target, citing the company's strong position in the engineering, procurement, and construction (EPC) space through its Gemma subsidiary. A worker in a hard hat and safety gear overseeing the construction of a major energy project. The firm sees Argan as a key player in the anticipated multi-year buildout of U.S. gas power plants, which is expected to drive the bulk of its growth. Argan's exposure to solar-plus-storage and industrial construction adds diversification, though JPMorgan notes recent volatility tied to AI data center themes. The bank suggests a more favorable outlook could emerge if the stock experiences a meaningful pullback from current levels. Argan, Inc. (NYSE:AGX) delivers EPC and technical services for large-scale energy projects across the U.S., Ireland, and the U.K. Its operations span power generation, industrial construction, and telecom infrastructure, serving clients in sectors ranging from utilities and manufacturing to government and technology. While we acknowledge the potential of AGX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
8 hours ago
- Yahoo
Expect traffic delays on Coors Blvd. until the end of the month
ALBUQUERQUE, N.M. (KRQE) – Expect to encounter bumper-to-bumper traffic on Coors Blvd. in Albuquerque until the end of the month. A utility company is working in the area of Coors Blvd. and St. Joseph's Drive to make room for a new restaurant and retail development across the street from St. Pius X School. Report ranks New Mexico 10th in traffic fatalities nationwide for 2024 Over the past few weeks, Coors Boulevard north and southbound has been reduced to one lane. Beginning next Tuesday, northbound Coors between Sequoia Road and St Joseph's Drive will be reduced to one lane. Officials said the work will continue for at least one more week. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Solve the daily Crossword
