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Tuesday Stock Update: ArcelorMittal (ADR) (NYSE:MT), Verizon Communications Inc. (NYSE:VZ), Gilead Sciences, Inc. (NASDAQ:GILD)

Boston, MA 02/11/2014 (wallstreetpr) – ArcelorMittal (ADR) (NYSE:MT)’s rumored purchase bid for Ilva remains one of the top trending news in steel industry. Although some other names have also featured as also being interested in bidding for the troubled Ilva, a family owned steel giant in southern Europe. It is reported that Italian steel groups […]

ArcelorMittal (ADR) (NYSE:MT) Discuses Q4 Earnings

Boston, MA 02/10/2014 (wallstreetpr) – ArcelorMittal (ADR) (NYSE:MT) has been suffering over the past few years as the economic recession hit hard the construction industry greatly affecting the demand for steel also resulting in the decline in steel prices a business that forms a key part of its revenue collection. This seems to have changed […]

Why These Stocks are Interesting: ArcelorMittal (ADR) (NYSE:MT), JPMorgan Chase & Co. (NYSE:JPM), Advanced Micro Devices, Inc. (NYSE:AMD)

Boston, MA 02/10/2014 (wallstreetpr) – ArcelorMittal (ADR) (NYSE:MT) is interested in buying part or all of Ilva, an Italian steelmaker. Reports about this possible takeover surfaced over the weekend. MT is the world’s largest steelmaker while Ilva runs the biggest steel plant in the whole of Europe. The company produces steel products used mainly be […]

Stocks of the Day: ArcelorMittal (ADR) (NYSE:MT), Plug Power Inc (NASDAQ:PLUG), Zynga Inc (NASDAQ:ZNGA)

Boston, MA 01/29/2014 (wallstreetpr) – ArcelorMittal (ADR) (NYSE:MT) will supply the steel for the construction of a viaduct known as Trans-Rhumel in Algeria. The project stretches more than 1.1 meters and rise 80 meters above sea level and it is supported by 130-meter-high pillars. Upon completion, the viaduct will have two lanes spanning about 30 […]

ArcelorMittal (ADR) (NYSE:MT) Cut Deals To Reduce Net Debt To $15 Billion By End-Year

Boston, MA 10/29/2013 (wallstreetpr) – For the past several weeks, ArcelorMittal (ADR) (NYSE:MT) which is the world’s largest steel manufacturer has been into hectic deals, apparently geared towards reducing its current $16.2 billion in net debt to $15 billion by end of the F2013.  And seemingly these deals have started paying off as can be seen in […]

ArcelorMittal (ADR) (NYSE:MT) Is Into Heavy Deal Making Over Past 30 Days

Boston, MA 10/22/2013 (wallstreetpr) – ArcelorMittal (ADR) (NYSE:MT), the largest steel maker in the world, has a market capitalization of about $28.36 billion. Over the past 30 days, it has been working on making a heavy deal with a host of smaller steel manufacturers. The overall impact of this busy and tight M & A […]