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(AAL), Alaska Air Group, Inc (NYSE:ALK) - Despite Bumper Earnings, Banks May Lag Rest Of Market Amid Lower Treasury Yields

Share: After another record-setting day in the stock market yesterday, it looks like things may start off a bit more subdued today. But the bias nonetheless appears to continue to be to the upside a day after the  Dow Jones Industrial Average ($DJI) crossed into 34,000 territory for the first time. A lot has been going right for Wall Street this week, as solid bank earnings have added to optimism from bumper economic data and a surprise pullback in Treasury yields yesterday. This morning, the 10-year yield has recovered some ground but remains below the key 1.6% level, which probably will keep helping mega-cap tech and other growth stocks, although it’s not particularly helpful for the banks.

Nucor Corporation (NYSE:NUE), Reliance Steel & Aluminum Co (NYSE:RS) - Record Steel Prices Create Investment Opportunities For These 4 Stocks

Share: U.S. hot-rolled coil steel prices recently hit all-time highs of $1,300 per short ton. Bank of America analyst Timna Tanners said Wednesday that record prices will generate huge profits for steel mills in the first half of 2021. Heading into first-quarter earnings season, Tanners said investors will be watching closely for indications from management about how steel companies will be spending their excess cash. Excess Cash: Tanners said some companies will obviously use the near-term cash windfall to pay down debt and improve unhealthy balance sheets. However, she said companies with healthy balance sheets, such as Nucor Corporation (NYSE: NUE),

Reliance Steel & Aluminum Co Announces Participation at the J P Morgan 2021 Industrials Conference

Reliance Steel & Aluminum Co Announces Participation at the J P Morgan 2021 Industrials Conference
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Steel Service Centers Market 2021: Global Industry Analysis By Size, Growth Rate, Share, Covid-19 Impact And Trends With Forecast To 2027 | Leading Players- Reliance Steel & Aluminum Co , Samuel, Son & Co , Ryerson Holding, Russel Metals Inc – KSU

A large scale Steel Service Centers Market report gives wide-ranging analysis of the market structure and the evaluations of the various segments and sub-segments of the Steel Service Centers industry. This market research report takes into account the comprehension of business goals and requirements to bridge the gap by delivering the most proper and suitable solutions. This market report contains company profiles, product specifications, capacity, production value, and market shares of each company for the forecasted period of 2020 – 2027. The Steel Service Centers report makes organization up to date with the profound knowledge of the global, regional and local market statistics.

Reliance Steel And Aluminum Co (RS) Q4 2020 Earnings Call Transcript

Operator Greetings. Welcome to the Reliance Steel & Aluminum Co. Fourth Quarter Full year 2020 Earnings Conference Call. [Operator Instructions] Please note, this conference is being recorded. I will now turn the conference over to your host, Kim Orlando with ADDO Investor Relations. You may begin. Kimberly Orlando Analyst Thank you, operator. Good morning, and thanks to all of you for joining our conference call to discuss Reliance s fourth quarter and Full Year 2020 financial results. I am joined by Jim Hoffman, CEO; Karla Lewis, President; and Arthur Ajemyan, Vice President and CFO. Bill Sales, Executive Vice President, Operations, will also be available during the question-and-answer portion of this call. A recording of this call will be posted on the Investors section of our website at investor.rsac.com. The press release and the information on this call may contain certain forward-looking statements, which are based on a number of assumptions that are subject to change a

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