Ads
related to: is steel a good investment stock
Search results
Results From The WOW.Com Content Network
A dramatic improvement in the prospects for United States Steel (NYSE: X) being sold to a foreign buyer led to a rally in the stock on the last trading day of the year. The news item that got the ...
“US Steel has done a great job in engineering a turnaround to their company," added the analyst, referring to investments like the purchase of Arkansas-based Big River Steel in recent years ...
U.S. Steel's earnings have been quite volatile over the past several years. As for much of the steel industry, revenue took a big hit in 2009, and earnings have yet to fully recover. 2.
Without domestic steel production and domestic steel workers, our nation is less strong and less secure.’’ U.S. Steel stock dropped 6.5% on the news Friday. The decision, announced less than three weeks before the president leaves the White House, reflects a growing bipartisan shift away from free trade and open investment.
U.S. Steel, formed by J. P. Morgan's merger of Carnegie Steel with other steel producers, was once the largest company in the United States. [22] The Pittsburgh-based steelmaker had held the record for the largest initial public offering of any company in history—becoming the first billion-dollar company—and was added to the Dow Jones Industrial Average on its first day of public trading ...
“With responsible management, U.S. Steel will continue to support good jobs, healthy communities and robust national and economic security well into the future,” the group said in a statement.
Ads
related to: is steel a good investment stock