Fundraiser to benefit Alliance Industries
AUBURN â The annual dinner and fundraiser for Alliance Industries Inc. is planned from 4-7 p.m. Saturday, May 8 or until the food is gone at the DeKalb Horsemen s Association, 5873 C.R. 427, Auburn.
The menu will feature a chicken and noodles dinner, mashed potatoes, green beans, roll, applesauce and pie for a freewill donation. Car-side pickup is available, as is dine-in with limited seating.
Other activities include a bake sale and raffle. First prize is a 9.4-cubic foot chest freezer, half hog and quarter beef; second prize is a quarter beef and a Party Plus gift basket. Third prize is a 32-inch LED HDTV and a movie night basket. Winners will be drawn at 6 p.m. on May 8. Winners do not need to be present.
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U.S. steel prices remain at record highs. One analyst says investors shouldn’t fight the trend and upgraded two steel stocks.
The Analyst: Bank of America analyst Timna Tanners upgraded
Steel Dynamics, Inc. (NYSE: STLD) from Neutral to Buy and raised her price target from $49 to $61. Tanners also upgraded
Nucor Corporation (NYSE: NUE) from Underperform to Neutral and raised her price target from $56 to $80.
In addition to the upgrades, Tanners reiterated ratings on the following steel stocks:
Reliance Steel & Aluminum Co (NYSE: RS): Buy rating, price target raised from $167 to $182.
Commercial Metals Company (NYSE: CMC): Underperform rating, price target raised from $24 to $25.