Top 10 Healthcare Technology Companies For 2015

Top 10 Healthcare Technology Companies For 2015: Mechel Steel Group OAO (MTL)

Mechel OAO, together with its subsidiaries, engages in mining and steel businesses in the Russian Federation, other CIS countries, Europe, Asia, the Middle East, the United States, and internationally. The company operates through four segments: Mining, Steel, Ferroalloys, and Power. The Mining segment engages in the production and sale of metallurgical and steam coal, coke, iron ore, and limestone, as well as chemical products, such as coal tar, naphthalene, and other compounds. The Steel segment produces and sells semi-finished steel products, carbon and special long products, and carbon and stainless flat products, as well as metal products, including wire products, forgings, and stampings. The Ferroalloys segment is involved in the production and sale of nickel ore, low-ferrous ferronickel, ferrochrome, and ferrosilicon. The Power segment engages in the generation and sale of electricity and heat energy from steam coal; and power distribution activities. The company, f ormerly known as Mechel Steel Group OAO, was founded in 2003 and is based in Moscow, the Russian Federation.

Advisors' Opinion:

• [By Eric Volkman]

  The coffers of Mechel (NYSE: MTL  ) are now much fuller. The company has signed an agreement for a 40 billion ruble ($1.3 billion) loan from VTB Bank, a lender based in Mechel's home base of Russia. Of the total, roughly 25 billion ($802 million) will go toward the servicing of short-term facilities coming due in 2013. It also aims to refinance other debt obligations with the monies.

• [By Jake L'Ecuyer]

  Mechel OAO (NYSE: MTL) was down, falling 2.33 percent to $2.52 after the company appointed Senior Vice-President for Economics and Management Oleg Korzhov as its Chief Executive Officer.

• [By Dan Caplinger]

  Finally, beyond the Dow, Russian steel company Mechel (NYSE: MTL  ) has spiked 10% after an! nouncing a share buyback program. With steel producers having been down and out for a long time, investors should expect to see similar moves from other companies in the future. Weak financial conditions make it hard for companies to spare the cash for buybacks, but when shares are down and out, buybacks produce the best return for the company.

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-10-healthcare-technology-companies-for-2015.html