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United States Steel Corporation Declares Dividend of 5 Cents
Tuesday, October 26, 2010 - 10:49am | 50United States Steel Corporation (NYSE: X) announced today that the Board of Directors declared a dividend of five cents per share on U. S. Steel Common Stock. The dividend is payable December 10, 2010, to stockholders of record at the close of business November 10, 2010.
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U.S. Steel Diving On Bad Earnings (X)
Tuesday, October 26, 2010 - 10:15am | 70Shares of United States Steel Corporation (NYSE: X) are down 4% after the company posted weaker than expected earnings this morning. U.S. Steel reported a loss of 35 cents, while Wall Street expected a gain of 23 cents. Revenues at $4.5 billion beat estimates. CEO John Surma said the quarter was...
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X Doesn't Mark The Spot (X)
Tuesday, October 26, 2010 - 8:59am | 150Shares of United States Steel Corporation (NYSE: X) are getting killed in pre-market trading, losing more than 5% after the company reported earnings this morning that did not meet Wall Street expectations. U.S. Steel reported a loss of 35 cents per share, on revenues of $4.5 billion. Wall Street...
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AK Steel Declares Common Stock Dividend of 5 Cents
Tuesday, October 26, 2010 - 8:45am | 40AK Steel (NYSE: AKS) announced today that its board of directors has declared a quarterly cash dividend of $0.05 per share of common stock, payable on December 10, 2010 to shareholders of record on November 12, 2010.
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United States Steel Corporation Reports Third Quarter EPS of ($.35)
Tuesday, October 26, 2010 - 7:34am | 57United States Steel Corporation (NYSE: X) reported a third quarter 2010 net loss of $51 million, or $0.35 per diluted share, compared to a net loss of $25 million, or $0.17 per diluted share, in the second quarter of 2010 and a net loss of $303 million, or $2.11 per diluted share, in the third...
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Earnings Scheduled For October 26 (DD, DV, BMY, COH, MCK, AFL, DWA, FIS, X, F, NBR, VLO, MHP, SHW, LXK, BRCM, KMB, WU, UA)
Tuesday, October 26, 2010 - 4:39am | 412DuPont (NYSE: DD) is expected to post its Q3 EPS at $0.33. DeVry (NYSE: DV) is likely to report its FQ1 earnings of $0.95 per share. Bristol-Myers Squibb & Co (NYSE: BMY) may post its Q3 earnings at $0.53 per share. Coach Inc (NYSE: COH) is estimated to post its fiscal first-quarter earnings at...
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ArcelorMittal Profit Jumps, Company Warns On Demand
Tuesday, October 26, 2010 - 3:17am | 120ArcelorMittal (NYSE: MT), the world's biggest steel producer, said its third-quarter profit surged 48% to $1.35 billion compared with $910 million a year earlier as sales rose to $21.04 billion from $16.17 billion. The good news ends there as ArcelorMittal said its capacity utilization rate fell to...
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BE Aerospace Reports In-Line Qtr; Raises Guidance (BEAV)
Monday, October 25, 2010 - 4:32pm | 187BE Aerospace Inc. (NASDAQ: BEAV) reports Q3 earnings of $0.41 versus consensus of $0.40. BE Aerospace Inc. reports revenues of $495 million versus consensus of $494.41 million. Revenues increased 7.7% year over year. The company raised 2010 full-year adjusted operational net earnings per diluted...
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POSCO and Zaman's Dual Enterprise - Analyst Blog
Monday, October 25, 2010 - 2:33pm | 384Largest Korean steelmaker POSCO (PKX) and Kazakhstan-based ZAMAN Group entered into an agreement to build a ferro-silicon aluminum (FeSiAl) plant in Ekibastuz, Kazakhstan. The memorandum of agreement signed requires the formation of a joint venture with POSCO's materials unit Samjung P&A...
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Dahlman Rose Has $61 Target On U.S. Steel (X)
Monday, October 25, 2010 - 1:40pm | 144Dahlman Rose & Co. is out with its weekly report on the metals and mining sector, and it is mostly positive. It has a Buy rating and a $61 price target on U.S. Steel (NYSE: X). In a note to clients, Dahlman Rose & Co. writes, "Last week we highlighted how a dollar rally might place...
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Market Roundup (MEE, CLF, SVA, XHB, DHI, TOL, KBH, AGO)
Monday, October 25, 2010 - 1:12pm | 274US Energy stocks moved up, driven by increased oil prices and weak US dollar. Massey Energy (NYSE: MEE) and Cliffs Natural Resources (NYSE: CLF) were the top gainers in the list. Light, sweet crude for December rose 1.8% to $83.10 per barrel on the New York Mercantile Exchange (NYMEX). The NYSE...
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Benzinga's Political Round Up
Monday, October 25, 2010 - 12:09pm | 190Bank of America (NYSE: BAC) announced it has found some errors in its foreclosure process, just days after saying it did not see any. This could potentially start a wave of legal cases against the bank. The G20 held its meeting this week to discuss economic policies, but did little to curb the...
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Top Performing Industries For October 25 (MGN, YZC, FCX, SMS)
Monday, October 25, 2010 - 10:36am | 187At 10:05 am, the Dow gained 0.89% to 11,232.16, the broader Standard & Poor's 500 index moved up 0.90% to 1,193.71 and the NASDAQ composite index rose 1.00% to 2,504.29. The industries that are driving the market today are: Silver: This industry jumped 3.32% by 10:05 am. The top stock within...
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Updated Position (plus some insight as to why and what for)
Sunday, October 24, 2010 - 11:09pm | 2602Remember that trader in Reminiscences, the guy who impresses Livermore by always always always holding onto his position, while traders all around are trying to pick tops and selling, because, "...after all, it's a bull market." Well, let me tell you, I was rat-jack prepared for last week's...
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HSBC Downgrades MT To Neutral
Friday, October 22, 2010 - 7:06am | 38Analysts at HSBC downgrade ArcelorMittal (NYSE: MT) from "overweight" to "neutral." MT's shares dropped 0.32% to close at $34.72 yesterday. More Analyst Ratings here