PKX - POSCO
| Previous Close | 80.76 |
| Open | 80.22 |
| Bid | 80.56 x 100 |
| Ask | 80.63 x 100 |
| Day's Range | 80.23 - 81.21 |
| 52 Week Range | 57.50 - 93.12 |
| Volume | 78,850 |
| Avg. Volume | 227,466 |
| Market Cap | 25.518B |
| Beta | 1.48 |
| PE Ratio (TTM) | 10.02 |
| EPS (TTM) | 8.05 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.37 (1.81%) |
| Ex-Dividend Date | 2017-09-28 |
| 1y Target Est | 102.66 |
- Reuters•6 days ago
CEO of South Korean steelmaker POSCO to step down early
The chief executive of South Korean steelmaker POSCO will step down before his term ends in 2020 as he is keen for a younger person to lead the firm, the company said on Wednesday. Kwon Oh-joon, 69, offered his resignation at an emergency board meeting, but will stay in the post until the company appoints a new chief, a spokesman said. Kwon took over as CEO of the country's top steelmaker in March 2014.
- Financial Times•6 days ago
[$$] Chief executive of South Korean steelmaker Posco offers to step down
The chairman of Posco has offered to resign after leading the South Korean steelmaker’s successful restructuring over the past four years, amid media speculation that he was pressured by the government to step down. Kwon Oh-joon, 69, made the offer at an emergency board meeting on Wednesday, saying that a new, young leader should lead the company for future growth, according to a Posco spokesman. Mr Kwon took the helm of Posco in 2014 and was reappointed last year as the company’s chief executive for another three-year term until March 2020.
- Zacks•10 days ago
Should Value Investors Pick POSCO (PKX) Stock?
POSCO (PKX) is an inspired choice for value investors, as it is hard to beat its incredible lineup of statistics on this front.
- Reuters•10 days ago
'Urban mining' in South Korea pulls rare battery materials from recycled tech
Workers at a rural South Korean factory are busy extracting some of the world's most coveted metals, used in the batteries that power electric cars. Instead, they are sorting through a pile of lithium-ion batteries from old mobile phones and laptops. As China’s aggressive hunt for overseas cobalt and lithium for electric vehicles pushes up prices and causes a global shortage of the key metals, South Korea is increasingly turning to such "urban mining" to recover cobalt, lithium and other scarce metals from electronic waste.
- Reuters•11 days ago
'Urban mining' in S.Korea pulls rare battery materials from recycled tech
Workers at a rural South Korean factory are busy extracting some of the world's most coveted metals, used in the batteries that power electric cars. Instead, they are sorting through a pile of lithium-ion batteries from old mobile phones and laptops. As China’s aggressive hunt for overseas cobalt and lithium for electric vehicles pushes up prices and causes a global shortage of the key metals, South Korea is increasingly turning to such "urban mining" to recover cobalt, lithium and other scarce metals from electronic waste.
- GlobeNewswire•12 days ago
New Research: Key Drivers of Growth for Talend S.A, Chipmos Technologies, POSCO, Horizon Pharma Public, BioSpecifics Technologies, and Arbutus Biopharma — Factors of Influence, Major Initiatives and Sustained Production
NEW YORK, April 11, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
- Zacks•18 days ago
Here's Why You Should Hold on to POSCO (PKX) ADR for Now
POSCO (PKX) is to gain from the healthy demand for steel and initiatives targeted to improve core business operations. High debt and competition are headwinds.
- Reuters•19 days ago
UPDATE 1-BP eyes 119 LNG cargoes a year from Tangguh, Indonesia to 2020
* Oil major BP is targeting shipping 119 cargoes of liquefied natural gas from its Tangguh project in Indonesia's West Papua province this year, including 22 for the domestic market, a company official ...
- Reuters•28 days ago
South Korea steel shares rise on U.S. steel tariff exemption
South Korea's steelmakers rose on Monday, with market heavyweight Posco leading the overall sector after the United States agreed to exempt South Korea from its new steel tariffs. Washington will impose ...
- GlobeNewswire•last month
Detailed Research: Economic Perspectives on GRIDSUM HOLDING, Booking, POSCO, Codexis, Third Point Reinsurance, and Arch Capital Group — What Drives Growth in Today's Competitive Landscape
NEW YORK, March 13, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
- Reuters•last month
Chile says companies to invest $754 mln in lithium industry
Chile's development agency Corfo said on Friday that companies from China and South Korea, as well as Chile, had been approved to make investments of around $754 million in the red-hot lithium industry. The companies selected in a bidding process to develop technology focused on the lithium market were Chile's Molymet and China's Sichuan Fulin Industrial Group, a joint venture between Samsung SDI Co Ltd and South Korea's POSCO .
Market Realist•2 months agoChinese Steel Demand: Indicators Point to Slowing Growth Rates
In the previous part of this series, we looked at US steel demand indicators. Since China is the world’s largest steel consumer, the country’s steel demand tends to impact global steel markets (MT)(PKX). The construction sector is the largest steel end consumer in China (FXI).
- Moody's•2 months ago
Nippon Steel & Sumitomo Metal Corporation -- Moody's: Impact of US tariffs on Asian steelmakers is manageable
Moody's Investors Service says that the US' plan to impose tariffs on steel imports is credit negative for Moody's-rated Asian steel producers, but the impact will not prove material. On 1 March 2018, ...
- Reuters•2 months ago
South Korea says talking to U.S. about steel tariffs plan
South Korea's trade ministry said on Friday it is talking to the United States about its steel exports and will keep up its outreach until U.S. President Donald Trump formally announces proposed tariffs on imported steel and aluminium products. Trump on Thursday announced his administration would impose a 25 percent tariff on imported steel and a 10 percent on imported aluminium to protect U.S. producers.
- Reuters•2 months ago
S.Korea says talking to U.S. about steel tariffs plan
South Korea's trade ministry said on Friday it is talking to the United States about its steel exports and will keep up its outreach until U.S. President Donald Trump formally announces proposed tariffs on imported steel and aluminum products. Trump on Thursday announced his administration would impose a 25 percent tariff on imported steel and a 10 percent on imported aluminum to protect U.S. producers.
- Reuters•2 months ago
WRAPUP 2-Trump to meet steel and aluminum execs, no tariffs decision
U.S. President Donald Trump is holding a "listening session" with steel and aluminum executives on Thursday but he will not announce a final decision on whether to impose tariffs on imports of the products, officials in the White House said. Trump has until April 11 to decide on applying hefty tariffs or quotas to steel imports in a move that would increase tensions with China, whose top trade official Lui He is in Washington for trade talks. Trump tweeted on Thursday that American steel and aluminum companies needed "free, fair and smart trade".
- Reuters•2 months ago
Deals of the day-Mergers and acquisitions
(Adds Comcast, AccorHotels, POSCO, Kushner Cos, Bayer, Crispian, Embraer, ScotiaMocatta, Exxon, Alibaba, Blackstone' Yunnan Aluminium; Updates Qualcomm) Feb 27 (Reuters) - The following bids, mergers, ...
- Market Realist•2 months ago
Can ArcelorMittal Succeed in India by Acquiring Essar Steel?
ArcelorMittal’s (MT) subsidiary ArcelorMittal India Private Limited has made a bid to acquire troubled Indian steelmaker Essar Steel. Because China’s steel demand (RIO) (BHP) is estimated to have peaked after years of rapid growth, analysts see India as a bright spot for global steel markets (PKX).
- Reuters•3 months ago
GLOBAL LNG-March price eases but bitter cold arrests decline
Asian spot LNG prices eased further this week on expectations of reduced buying but plunging temperatures in Japan, South Korea and China prevented a steep price decline. Spot prices for March (LNG-AS) delivery in Asia fell 20 cents to $10.20 per million British thermal units (mmBtu), according to LNG traders in Asia.
Market Realist•3 months agoKey Drivers of ArcelorMittal’s 4Q17 Revenues
ArcelorMittal’s 4Q17 Earnings: What You Need to Know
- Zacks•3 months ago
Foreign Stock Roundup: Novartis, UBS & Posco Results Impress, Sanofi Buys Bioverativ
The government shutdown in the United States guided stocks across Europe and Asia last week.
- Reuters•3 months ago
GLOBAL LNG-Chinese retreat relieves bullish pressure on Asia's spot market
Asian spot LNG prices slid this week on improving production and uncertain demand for cargoes in March amid indications that Chinese importers have largely covered their first-quarter needs. Asian spot prices for March delivery fell 10 cents to $10.40 per million British thermal units (mmBtu). The apparent retreat of Chinese demand for Q1 put further pressure on prices.
- Zacks•3 months ago
POSCO (PKX) '17 Earnings Up Y/Y on Higher Operating Profit
POSCO's (PKX) 2017 net earnings increase substantially on the back of operating profit growth and selling of investment securities. Revenue forecast for 2018 is impressive.
- Moody's•3 months ago
POSCO -- Moody's: POSCO's robust 2017 results in line with expectations
Moody's Investors Service says that POSCO's robust financial results for 2017 were within expectations and support the company's Baa2 senior unsecured rating and positive rating outlook. "POSCO's ...
Market Realist•3 months agoIron Ore Prices Could React to China’s Demand and Supply Dynamics
Have US Steel Stocks Front-Loaded Their 2018 Gains?
