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      Volvo Steels Ltd

    ADR Report: Shares Rise After Upbeat US Jobs Report
    Wall Street Journal
    BR), or CSN, approved the contracting of 120 million euros ($158 million) in financing by its subsidiary CSN Steel to buy steel assets in Europe, CSN said Friday. Shares of CSN closed 2.7% higher at $10.88. Dr. Reddy's Laboratories Ltd. (RDY, 500124.

    and more »

    European Stocks Post Biggest Weekly Rally of 2012; Xstrata Gains
    Bloomberg
    “We had a very good week,” Veronika Pechlaner, who helps manage 1.1 billion pounds ($1.7 billion) at Jersey, Channel Islands-based Ashburton Ltd., said in a telephone interview. The US employment numbers “are providing more hope to the market that the ...

    and more »

    European Stocks Post Biggest Weekly Rally of 2012; Xstrata Gains
    BusinessWeek
    “We had a very good week,” Veronika Pechlaner, who helps manage 1.1 billion pounds ($1.7 billion) at Jersey, Channel Islands-based Ashburton Ltd., said in a telephone interview. The US employment numbers “are providing more hope to the market that the ...

    and more »

    European Markets Trade Higher
    NASDAQ
    The steel giant confirmed that it is in talks with Finnish rival Outokumpu Oyj regarding the merger of its stainless steel unit Inoxum. Auto dealer Delticom is surging 6.4 percent. The stock was raised to "Buy" from "Add" at Commerzbank.

    and more »

    Caterpillar Exceeds On Record Sales
    Daily Markets (blog)
    Material costs escalated due to higher steel costs. Selling, general and administrative (SG&A) and research and development (R&D) expenses scaled up $226 million driven by higher volume and increased incentive compensation. Machinery and Power System ...

    and more »
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