All Posts Tagged With: "X"
(NUE) Nucor Provides Guidance – Analyst Raises Estimates
Nucor Corporation (NUE) provided its first quarter 2010 earnings update, indicating it expected earnings per share to be in the range of a loss of 5 cents to earnings of 5 cents per share. The Zacks Consensus...
(MT) Steel Industry Stock Review – March 2010 – Industry Outlook
The steel industry is rather concentrated in structure, with a few producers accounting for the lion’s share of sales. With companies engaged in the extraction of iron ore and coke coal for the processing of iron and steel, this industry includes metal ore exploration and...
(X) U.S. Steel Corporation’s Ratings Lowered by Fitch Ratings Agency
According to Reuters, Fitch Ratings Agency has downgraded the ratings of U.S. Steel Corporation (X) to junk status on account of a lack of visibility about the company’s return to profitability. Fitch...
(X) United States Steel Corporation Underperforms Expectations
Shares of United States Steel Corporation (X) tumbled more than 9% after the company recorded its fourth consecutive loss of $267 million or $1.86 per share in the fourth quarter of 2009. By contrast, the company...
(F) Metals & Mining Stock Review – January 2010 – Industry Outlook
The Metals & Mining Industry encompasses the extraction (mining), as well as the primary and secondary processing, of metals and minerals. The industry is rather concentrated in structure, with a few producers accounting for the lion’s share of sales.
Geographically,...
(NUE) U.S. New Factory Orders Rise
The Census Bureau reported today that New Orders for Manufacturers rose by 1.1% in November. This was up from a 0.8% increase in October (which was revised up from 0.6%) and comes on top of a 1.6% increase in September. The increase was much better than the 0.5% expected by...
(X) Steel Output Rises Again
According to the data released by World Steel Association (Worldsteel), global crude steel production for the 66 countries reporting to Worldsteel improved 24.2% year over year to 107.5 million tons in November 2009. Crude steel production has been showing a positive growth...
(LOW) Cash for Clunkers: Fail
This analysis is by Sheena Martin, Contributing Editor, Investment U
Monday,...
(X) World Steel Association Reports Steady Increase in Steel Output
According to the data released by World Steel Association (worldsteel), global crude steel production for the 66 countries reporting to worldsteel improved 13.1% year over year to 112 million tons in October 2009. Following a revision of the September production figures, this...
(BA) Durable Goods Orders Drop
Durable Goods Orders Drop
In October, new durable goods orders fell by 0.6%, partially reversing a 2.0% rise in September, which in turn was a partial reversal of a 2.7% decline in August. Year to date, new durable goods orders are 23.0% below...
(F) Steel Industry – Industry Outlook
Steel Output Mounting
The Steel industry, which consists of companies engaged in the extraction of iron ore and coke coal for the processing of iron and steel, has the major chunk of sales concentrated...
(GGB) Gerdau S.A. Margins Recovered
Today, Gerdau S.A. (GGB) announced consolidated results for the third quarter of 2009. The company did not provide comparable year-on-year figures in a securities filing.
Sales...
(X) Losses Narrow for US Steel
Weak volumes and prices drive losses
United States Steel Corporation (X) recorded its third sequential loss — $3.03 billion or $2.11 per share in the third quarter of 2009...
(X) Steel Output Mounting
According to the data released by the World Steel Association (WSA), global steel output increased to 107 million tons in the month of Sep 2009, down marginally (0.6%) from the same month of the previous year. Month-on-month, steel output improved slightly from 106.5 million...
(F) Federal Reserve’s Economic Outlook Decoded
The minutes of the Federal Reserve meeting held in late September were released today. Below we present the economic outlook section of the minutes, along with my comments and interpretation of them.
In general, they paint a picture of an economy that is starting...
(X) United States Steel Corporation Divests Interest in Wabush Mines
On Oct. 9, United States Steel Corporation’s (X) wholly owned subsidiary U.S. Steel Canada Inc., ArcelorMittal Dofasco and Cliffs Natural Resources Inc. (CLF) have agreed to sell their respective interest in the Wabush Mines joint venture...
(X) Steel Output Peaks in July
According to data released by the World Steel Association, global steel output reached its highest level in July on the back of moderate rise in demand and resumption of idled facilities by producers. Total output of 103.9 million tons was an improvement of 4% from 99.8 million...
(X) United States Steel Restarting Facility
United States Steel Corp. (X) is restarting its blast furnace at its Hamilton, Ontario plant as steel demand edges higher after a nine-month shutdown.
Demand for U.S. Steel’s flat-rolled steel has improved after bottoming in April and...
(X) United States Steel Corp. Steelworkers Support Bid for Lakeside Steel
The workers of the largest steel producer in the U.S., United States Steel Corporation (X), are supporting a bid made by Lakeside Steel, a steel pipe and tubing manufacturer in Welland, Ontario to take over U.S. Steel’s Ontario production assets. U.S....
(X) Stock Market News for August 27, 2009
U.S. stocks edged up slightly higher, after swinging back and forth in a narrow range, as investors preferred to remain on the sidelines. After yesterday’s better-than-expected reports on housing and consumer confidence, investors looked for fresh signs...
(X) – U.S. Steel Corp – most recent results coming in at an impressive 49.5% above expectations
U.S. Steel Corporation’s (X) record results signal stellar growth. The company’s strong cash flow enables it to hike dividends, which is what occurred in late July when U.S. Steel upped its dividend by 5 cents per share, declaring a 30-cent dividend. The company’s earnings...
(X) – U.S. Steel Corp – most recent results coming in at an impressive 49.5% above expectations
U.S. Steel Corporation’s (X) record results signal stellar growth. The company’s strong cash flow enables it to hike dividends, which is what occurred in late July when U.S. Steel upped its dividend by 5 cents per share, declaring a 30-cent dividend. The company’s earnings...
(X) – U.S. Steel Corp – most recent results coming in at an impressive 49.5% above expectations
U.S. Steel Corporation’s (X) record results signal stellar growth. The company’s strong cash flow enables it to hike dividends, which is what occurred in late July when U.S. Steel upped its dividend by 5 cents per share, declaring a 30-cent dividend. The company’s earnings...
(X) – U.S. Steel Corp – most recent results coming in at an impressive 49.5% above expectations
U.S. Steel Corporation’s (X) record results signal stellar growth. The company’s strong cash flow enables it to hike dividends, which is what occurred in late July when U.S. Steel upped its dividend by 5 cents per share, declaring a 30-cent dividend. The company’s earnings...
(X) – United States Steel Corp – 4 out of 12 analysts upped earnings expectations
United States Steel Corporation (X) is set to announce results for the second quarter on July 29. In addition to being rewarded with income, the most recent of which was a quarterly dividend of 25 cents per share, investors can expect growth from U.S. Steel as earnings per...