Market Realist • 5 hours ago
U.S. Steel reported revenues of $2.5 billion in 2Q16. By contrast, the company posted revenues of nearly $2.9 billion in 2Q15 and $2.34 billion in 1Q16.
American City Business Journals • 22 hours ago
After another troubling first quarter , U.S. Steel Corp. (NYSE: X) is enjoying a favorable market response after the company's net losses dropped below $100 million for the just the third time in the past 12 quarters. As of June 30, U. S. Steel had $820 million of cash and $2.4 billion of total liquidity. Recent fair-pricing measures taken by the U.S. Department of Commerce will likely catalyze those improvements.
Barrons.com • yesterday
After yesterday's big earnings beat, BofA Merrill Lynch cut U.S Steel (X) to Underperform from Neutral. JPMorgan's Michael Gambardella and team, however, argue that U.S. Steel could gain 44% by the end ...
Market Realist • yesterday
U.S. Steel released its 2Q16 financial results on July 26, reporting a net loss of $46 million, which translates into a per-share loss of $0.32.
MarketWatch • yesterday
After being locked in a holding pattern before the Fed statement, stocks still aren’t taking off or crashing. Our call of the day, taken from Credit Suisse, is to stick with stocks even as the bank’s clients ...
American City Business Journals • 2 days ago
In its earnings call after reporting a $48 million loss or the second quarter, United States Steel Corp. CEO Mario Longhi emphasized the company continues to position itself for future growth in a global market of overcapacity and low prices. “There’s so many investments that we’re making that are making things so much better,” said Longhi in a response to an analyst’s question. U.S. Steel (NYSE: X) continues to work to maintain a strong cash position, with $840 million on the balance sheet, in order to be able to pursue opportunity when it arises.
Motley Fool • 2 days ago
Higher prices were the salve that U.S. Steel's income desperately needed, and this quarter the company started to show signs of life again.
|Bid||27.38 x 1300|
|Ask||27.39 x 1500|
|52wk Range||6.15 - 27.55|
|Day's Range||26.35 - 27.55|
|Avg Vol (3m)||16,057,920|
As of 1:44 PM EDT. NYSE Real Time Price. Market open.