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United States Steel Corporation (NYSE:X) – Retest Of $10 Can’t Be Ruled Out

United States Steel Corporation (NYSE:X) crashed by 11.61% yesterday after a few days of consolidation in the narrow range of $26-$28. The volume surged to a two month high of 25 million against the daily average of 8 million only. The market didn’t like the less than stellar earnings the company announced yesterday. The street […]

United States Steel Corporation (NYSE:X) Prepares To Divest Hamilton Assets In Canada

Boston, MA 09/25/2014 (wallstreetpr) – An integrated steel producer, United States Steel Corporation (NYSE:X) is gearing itself to divest its Hamilton assets in Canada. The company is also expecting the process of running an auction for its Lake Erie Operations. Protection From Creditors The Canadian subsidiary of the U.S. company has filed for protection last week […]

United States Steel Corporation (NYSE:X) Responds To International Trade Commission On Oil Country Tubular Goods Case

Boston, MA 08/25/2014 (wallstreetpr) – Integrated steel producer of tubular and flat-rolled products, United States Steel Corporation (NYSE:X) had responded to the International Trade Commission’s or ITC final decision of imposing anti-dumping duty against oil country tubular goods or OTCG, which were dumped in the U.S. CEO Comments The company disclosed that its President and Chief […]

Most Mentioned: United States Steel Corporation (NYSE:X), Groupon Inc (NASDAQ:GRPN), Glu Mobile Inc. (NASDAQ:GLUU)

Boston, MA 07/15/2014 (wallstreetpr) – Fresh from the excitement generated by imposing of steep tariffs on Korean steel imports, United States Steel Corporation (NYSE:X) also earned a bullish note from Wall Street where analysts at Jefferies Group acted by raising their price target on the stock. The analysts boosted their price expectation in the stock […]

Good News For United States Steel Corporation (NYSE:X) And Peers

Boston, MA 07/14/2014 (wallstreetpr) – United States Steel Corporation (NYSE:X) has long worried about the dumping of steel products in the U.S. market. In the past month, the company announced plans to idle its tubular steel plants because of poor sales amid heightened competition from foreign rivals. However, the U.S. government last Friday moved to impose […]

United States Steel Corporation (NYSE:X) Promises Good Returns After 2Q

Boston, MA 05/28/2014 (wallstreetpr) – United States Steel Corporation (NYSE:X) expects to put its operational challenges behind it by the end of 2Q2014. That encouraging remark came even as the company expects trouble in its operating income in 2Q. The company reported compelling results in 1Q2014 despite the weather challenges and unfavorable pricing conditions in certain […]

United States Steel Corporation (NYSE:X) Slowdown In Procuring Raw Material

Boston, MA 05/02/2014 (wallstreetpr) – United States Steel Corporation (NYSE:X) had a huge struggle on their hands in procuring essential raw materials. The cause was the ice-clogged pathways used by the vessels that bring this raw material through the Great Lakes. The Canadian Cost Guards assisted considerably in this process of providing accessibility to these carriers. […]

Thursday Morning Takeaway: Inovio Pharmaceuticals Inc (NYSEMKT:INO), United States Steel Corporation (NYSE:X), JPMorgan Chase & Co. (NYSE:JPM)

Boston, MA 02/20/2014 (wallstreetpr) – Inovio Pharmaceuticals Inc (NYSEMKT:INO) has announced that its CEO and President Joseph Kim will present at the 34th Annual health Care Conference organized by Cowen and Company. The executive will walk investors, analysts and consumers through the company’s corporate overview during the conference in Boston. The INO presentation is scheduled for […]

Steel Industry Keeping An Eye On Ford Motor Company (NYSE:F)’s 2014 Production Plan

Boston, MA 12/24/2013 (wallstreetpr) – Ford Motor Company (NYSE:F) issued its outlook for the year 2014, that was somewhat unpopular with its investors. The company announced that it expected its profits to shrink in the year as it adjusts its production and spend more in advertisement and marketing. But in this issue, there is also news […]

Ailing United States Steel Corporation (NYSE:X) To Shut Units

Boston, MA 11/05/2013 (wallstreetpr) – Ailing American steel manufacturer United States Steel Corporation (NYSE:X) will write down the value of some units to the tune of $1.8 billion, permanently shutting down parts of its plants in the U.S. and Canada in a desperate bid to stem costs after four unprofitable quarters in a row. Stocks of […]

United States Steel Corporation (NYSE:X): Change Of Guard At The Information Desk

Boston, MA 11/01/2013 (wallstreetpr) – The $3.57 billion market capped Pittsburgh company United States Steel Corporation (NYSE:X) produces and sells steel mill products. The company’s businesses span North America and Europe where it offers tubular and flat-rolled products. It is also into transportation and real estate operations. The company has now named Charles Balawajder as its new […]

United States Steel Corporation (NYSE:X) reports loss of $0.14 per share in Q3

Recently, the third quarter earnings report of United States Steel Corporation (NYSE:X) was made available by the management of the company. In the discussion of the third quarter earnings report, apart from the earnings some of the forward looking statements were also discussed keeping in mind the better working of the organization. According to the […]

United States Steel Corporation (NYSE:X) files petition hoping for a turnaround – NUE

Boston, MA 07/05/2013 (wallstreetpr) – Along with eight other steel producing companies, United States Steel Corporation (NYSE:X), the largest integrated steel producer of North America, has filed a petition with the International Trade Commission and Department of Commerce, demanding an anti-dumping relief on the import of certain oil and natural gas pipe products from nine countries, […]

U.S stocks fall ahead of cliff – AAPL, BRK.A, DD, INX, FDO, JPM, X and CLF

The stocks of U.S. experienced a weekly fall during a month’s period. Companies dealing in consumer related goods like Priceline.com, etc. fell the most amongst all the groups in the Standard and Poor’s 500 Index as per the analysis. Apple Inc. (NASDAQ: AAPL) showed a decline of about 4.4 percent. On the other hand Berkshire […]

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