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Economy

AK Steel Holding Downgraded by Morgan Stanley to Equal-Weight, Price Target Cut to $3

AK Steel Holding (AKS) received an investment-rating downgrade Monday from Morgan Stanley to equal-weight from overweight as the firm warned clients it doesn’t expect a positive outcome for the steel company from resets of auto sheet contracts. Morgan Stanley also reduced its price target on AK Steel’s stock to $3 […]

by × January 28, 2019 × 0 comments

Economy

Invictus Energy Ltd (IVZ.AX) Holds Negative Momentum As Price is Below the Cloud

Invictus Energy Ltd (IVZ.AX) Holds Negative Momentum As Price is Below the Cloud

Shares of Invictus Energy Ltd (IVZ.AX) opened the last session at 0.04, touching a high of 0.04 and a low of 0.04 , yielding a change of 0.00.  The latest reading places the stock below the Ichimoku cloud which implies negative momentum and a potential sell signal for the equity. Even for […]

by × January 7, 2019 × 0 comments