-
Can A New CEO Put The Strength Back In US Steel?
Thursday, June 15, 2017 - 1:23pm | 439Looking ahead at a busy next two weeks for the U.S. steel industry (Section 232, inventory data, mid-quarter updates, WSD/AMM Steel Success Strategies conference), BMO Capital Markets analyst David Gagliano rated the United States Steel Corporation (NYSE: X) as Market Perform. Under new CEO David...
-
A CEO Who's Who Of Trump's Manufacturing Council
Friday, January 27, 2017 - 5:36pm | 2282A group of more than two dozen CEOs have been tapped by President Donald Trump to create recommendations to grow the American manufacturing sector. The group convenes at a time when Trump is pledging to cut corporate taxes, slash regulations and also heavily tax companies that outsource...
-
U.S. Steel Just Keeps Ripping
Wednesday, December 7, 2016 - 5:04pm | 326United States Steel Corporation (NYSE: X) is building on its post-election gains, even as it perches on a two-year high. The most recent catalyst being a tweet by CNBC's Brian Sullivan that CEO Mario Longhi revealed plans to rehire up to 10,000 workers previously let gone due to slowing...
-
United States Steel Continues Downward Descent
Wednesday, January 27, 2016 - 11:39am | 285United States Steel Corporation (NYSE: X) reported its fourth quarter and full-year results after Tuesday's market close, which resulted in heavy selling of the stock. Shares of U.S. Steel opened for trading at $7.00 on Wednesday and quickly sold off to an intra-day low of $6.43. After...
-
U.S. Steel Says It Can Handle The Strong Dollar, But Not Dumping
Wednesday, May 6, 2015 - 1:46pm | 355Shares of United States Steel Corporation (NYSE: X) fell more than 10 percent over a 24-hour period recently when the company reported its first-quarter earnings way below estimates. While analysts had expected EPS of $0.12, the company reported an EPS loss of $0.52. Mario Longhi, U.S. Steel CEO...