Account
Signs just keep on creeping up that the materials sector is in trouble and in today's episode of "As Materials ETFs Tumble," the Market Vectors Steel ETF (NYSE:SLX) is in the spotlight. On light volume, SLX is down 0.7 percent and while that may not sound like much, Wednesday's decline extends a woeful start to 2013 for SLX and the ETF is now flirting with a year-to-date loss of 18 percent.To put that performance into context, the Materials Select Sector SPDR (NYSE:XLB), the worst-performing of the nine sector SPDRs in the first quarter , is still clinging to a year-to-date gain.SLX's problems are not hard to identify. Just start with the ETF's two largest holdings, Rio Tinto (NYSE:RIO) and Vale (NYSE:VALE). Those mining giants combine for over 26 percent of SLX's weight. Rio Tinto's U.S.-listed shares are off almost 24 percent year-to-date and things could get worse before they get better for the Australian mining giant.Not only are Australian exporters being crimped by a strong Austr...
The S&P 500 lost 0.2% while the Basic Materials sector (XLB) showed little movement during trading today.The ETF, as a proxy for the sector, tracked closer to the ov...
These nine stocks fell to 52-week lows:The share price of Enerplus (NYSE:ERF) decreased today, reaching and then dropping even further past its previous 52-week low ...
Here are nine stocks that fell to 52-week lows:While trading on below-average volume, Walter Energy (NYSE:WLT) decreased today, hitting and then dropping past its pr...
The Basic Materials sector (XLB) showed little movement while the S&P 500 gained 0.2% during trading today.Although it moved in the opposite direction of the market,...
On a trading day that saw the S&P 500 gain 1.4%, the Basic Materials sector (XLB) showed little change.The ETF, as a proxy for the sector, tracked farther from the o...
The Basic Materials sector (XLB) held steady during a trading day that saw the S&P 500 grow 1.3%.The ETF, as a proxy for the sector, tracked farther from the overall...
Shares of mining and metals companies were among the top S&P 500 gainers early Thursday. Iron-ore miner Cliffs Natural Resources rose 5% to $70.23. Copper producer F...
SAN FRANCISCO (marketWatch) -- Allegheny Technologies Inc. shares fell as much as 6.4% in early trades Wednesday after the specialty steel and alloy-metals maker's f...
United States Steel jumped 10% to $26.12 at the open of trading Wednesday, leading a surge in shares of steel companies. AK Steel soared 9% to $8.16, while Allegheny...
President Barack Obama Friday launched an initiative to develop new U.S. manufacturing jobs by teaming government up with companies and universities to invest more t...
NEW YORK -- Allegheny Technologies Inc. said on Wednesday that its fourth quarter profit slipped to $15.1 million, or 15 cents a share, from $37.8 million, or 36 cen...
Metal producer Allegheny Technologies (NYSE:ATI) will buy Ladish (NASDAQ:LDSH) for $778 million in an effort to expand its portfolio and presence in the aerospace an...
When it comes to volatility ETFs, meaning those funds that specifically track high or low volatility equities, so called "low vol" funds have been the dominant membe...
New Generation Research founder George Putnam on the outlook for Hewlett-Packard.
The World Trade Organization barred China on Thursday from imposing duties on certain U.S. steel exports, siding with U.S. President Barack Obama in a dispute with B...
China comprehensively lost an appeal on Thursday against a World Trade Organization ruling in a dispute over U.S. exports of speciality steel used in power transform...
During trading today, the Basic Materials sector (XLB) showed little change while the S&P 500 fell 0.8%.The ETF, as a proxy for the sector, tracked farther from the ...
Allegheny Technologies Incorporated's (NYSE:ATI) net income decreased in the second quarter.Earnings and Revenue Both EPS and revenues failed to meet Wall Street exp...
Having met analysts' estimates last quarter, Allegheny Technologies Incorporated (NYSE:ATI) is expected to deliver its latest earnings on Wednesday, July 25, 2012.Ex...
