Market Overreacting to U.S. Steel

August 5th, 2011

The following commentary comes from an independent investor or market observer as part of TheStreet’s guest contributor program, which is separate from the company’s news coverage. NEW YORK (Trefis) — U.S. Steel recently announced earnings, the company’s first profitable quarter since the fourth quarter of 2008. The company posted revenue of $5.1 billion and net income of $222 million in this …
it should be interested what change will this make

STEEL PIER SOLD AHEAD OF SCHEDULED SPECIAL AUCTION

August 5th, 2011

ATLANTIC CITY–Steel Pier Associates, LLC has become the new owner of the World Famous Steel Pier, purchasing the venue from Trump Entertainment Group, Inc. Wednesday, just weeks before it was to be presented at a special auction.
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JSW Steel denies wrongdoing; cuts production at plant

August 5th, 2011

NEW DELHI/MUMBAI (Reuters) – Steelmaker JSW Steel on Thursday denied allegations of wrongdoing levelled by the Lokayukta — Karnataka’s anti-graft watchdog — and also said the firm has cut production at its steel plant owing to a court ban on mining in a part of southern India.
can believe what i am reading, so unfair

Reliance Steel closes deal for Continental Alloys

August 5th, 2011

Reliance Steel & Aluminum Co. said on Wednesday that it has acquired the rest of Continental Alloys & Services Inc. and affiliated companies.
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First image of Henry Cavill as Superman in ‘Man of Steel’

August 5th, 2011

In January we learned that Man of Steel, Christopher Nolan’s Superman reboot, would star Henry Cavill as Clark Kent / Superman. Today, Warner Bros. has released the first picture of Cavill as the caped hero. From the looks of it, the new suit is somewhat similar in design to Bryan Singer’s Superman Returns outfit in 2004, with a three dimensional S symbol and dulled red. This new suit appears to …
maybe this will change things

JSW Steel denies wrongdoing; cuts production

August 5th, 2011

NEW DELHI/MUMBAI (Reuters) – Steelmaker JSW Steel on Thursday denied allegations of wrongdoing levelled by the Karnataka Lokayukta and also said the firm has cut production at its steel plant owing to a court ban on mining in the state.
so interesting

Reliance Steel Beats Estimates

August 5th, 2011

Reliance Steel & Aluminum Co. reported net income of $98.7 million or $1.31 per share in the second quarter of 2011 compared with $61.5 million or 83 cents per share in the prior-year quarter.
does anyone know the real story

United States Steel Trades Ex-Dividend

August 5th, 2011

According to Dividend Channel, on 8/8/11, United States Steel Corp. (X) will trade ex-dividend, for its quarterly dividend of $0.05, payable on 9/10/11. As a percentage of X’s recent stock price of $35.95, this dividend works out to approximately 0.14%.Below is a dividend history chart for X, showing historical dividends prior to the most recent $0.05 declared by United States Steel Corp.:X …
I like this:)

GRAPHALLOY® Announces Corrosion Resistant Stainless Steel Cam Followers

August 5th, 2011

Self-Lubricating Stainless Steel Cam Followers for Wet or Submersible Applications(PRWEB) August 04, 2011 Graphite Metallizing Corporation announces the availability of GRAPHALLOY® stainless steel cam followers for wet or submersible applications. These stainless steel cam followers are corrosion resistant and survive wash down and steam, eliminating the problems experienced with traditional cam …
and i though i was the only one to see it this way

U.S. Steel Gets To $47 On Firm Outlook

August 5th, 2011

U.S. Steel recently announced earnings, the company’s first profitable quarter since the Q4 of 2008. The company posted revenues of $5.1 billion and net income of $222 million in this quarter, in line with our expectations. The capacity utilization of the flat-rolled products was 81%, and the company faced some losses in shipments in its European operations due to weaker demand and some planned …
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