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(See MPLX stock analysis on TipRanks) Enterprise Products Partners (EPD) Sticking with the energy sector, we’ll look at another midstream company that caught Tepper’s attention. The producer also has $6.3 billion in pro-forma debt, after issuing bonds to weather the pandemic and purchase Big River, according to Bloomberg Intelligence.“The question is now, with Big River Steel can U.S. Steel become a much more capital-efficient company?” said Woodworth.For now, it still mostly operates integrated mills, making its closest domestic competitor Cleveland-Cliffs Inc. U.S. Steel expects $675 million in capital expenditures this year, much of that going toward major upgrades of inefficient plants, whereas Cliffs -- whose 2021 revenue is forecast to be about 35% higher -- sees spending $600 million to $650 million, mostly on basic maintenance.“There are definitely risks in the second half, and as the steel price comes down it’ll be hard for steel stocks to rally in the face of that,” said Andrew Cosgrove, an analyst at Bloomberg Intelligence.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P. More limited payments need just one more vote — and the president's signature. (Bloomberg) -- Ambulnz Inc., a provider of mobile medical services and patient transportation, has agreed to go public through a merger with Motion Acquisition Corp.The special purpose acquisition company is raising $125 million in new equity from investors including Light Street Capital and Moore Strategic Ventures to support the transaction, which is set to value the combined entity at about $1.1 billion, according to a statement Tuesday, following an earlier Bloomberg report.Ambulnz, to be renamed DocGo Inc., is led by Chief Executive Officer Stan Vashovsky. Posted on January 20, 2021. The split would effectively multiply GE's stock price by eight, while reducing the number of shares outstanding to a number "more typical of companies with comparable market capitalization," GE said. Steel outperformed domestic peers in the past six months as steel prices more than doubled. For now, Tesla is sharply boosting orders for 2170 cells used in the Model 3 and Model Y vehicles made in China, the source said. The … The futures forward curve signals a pullback of as much as 32% by the fourth quarter, according to Bloomberg Intelligence.“The reality is the stock, as it is for all steel stocks, is the beneficiary of the macro environment,” said Curt Woodworth, an analyst at Credit Suisse Group AG, said by phone. Ark Invest’s Cathie Wood believes that cryptocurrencies could soon become a part of recommended portfolios for everyday investors. But last year, Tesla fell behind the brands of Volkswagen Group as well as the alliance between Renault SA (OTC: RNSLY), Nissan Motor Co. (OTC: NSANY) and Mitsubishi Motors Corp. (OTC: MMTOF). Musk said recently Tesla is in talks with battery suppliers about developing 4680 batteries. Tesla in Europe Tesla has long been the leader in electric vehicles as the automaker was early in investing in mass volume production while major automakers were … “The same is true for our planned capital expenditures, which have been public for some time.”Pittsburgh-based U.S. Steel has said it needs to spend $1.3 billion at its Mon Valley facility, and it will need to shell out more in Europe to maintain an old asset base, according to Credit Suisse.Steel prices rose more than 70% in 2020 as American producers, surprised by the pace of the recovery in demand from the pandemic, were slow to restart furnaces, leaving a dearth of supply. Tesla's stock price - and many of its competitors - struggled last week following impressive gains at the beginning of 2020. Some modest price slippage on near-term barge renewables, but the chunkier contracts were either set more recently (longer runway) or are already tied to FERC oil dynamics. none dispatch licensed care professionals to patients at home, Burdiek said.Like most CEOs striking deals during the pandemic, Vashovsky and Burdiek have yet to meet -- the entire transaction was negotiated via Zoom.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P. The provision exempts the first $10,200 in benefits received last year from federal income taxes for households that earned less than $150,000 – saving roughly 40 million taxpayers as much as $25 billion. Which Stocks Are WallStreetBets Users Talking About Today? “Once we get to the back half of year and more capacity goes into market, the steel price could normalize fairly quickly.”New plants on the way include a Steel Dynamics Inc. mill opening this summer that will add at least 200,000 tons of steel a quarter and a Nucor Corp. plant set to start up in late 2021.Meghan Cox, a spokeswoman for U.S. Steel, said that the idea that U.S. steel faces a more difficult second half because of the new capacity is “flawed.”Reflected in Forecasting“The market has been aware of the new capacity coming on line and we would assume that is reflected in forecasting,” she said in an email.

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