U.S. Steel Earnings Short of Wall St. Forecasts
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PITTSBURGH  â United States Steel reported substantially lower fourth-quarter profits on Tuesday, as acquisition costs, European job cuts and lower prices weighed down results.
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US stocks eked out small gains on Friday, buoyed by steel producers amid concerns about a shortage of the metal, and retailers, as consumers shopped hard on so-called &quot;Black Friday&quot; -- considered the start of the traditional holiday
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Steel shares hit seven-year highs yesterday after Nissan said the metal is in short supply in Japan. US Steel rose $3.30, or 7%, to $51.25, while Nucor surged $2.90 to $54.05, an all-time high.
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U.S. blue-chip stocks closed lower in  thin trade  on Thursday after data gave a mixed picture of the  U.S. economy and steel shares fell as investors worried that  slowing demand from China could depress prices.
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United States Steel Corp. , the largest U.S. integrated steelmaker, on Monday reported a fourth-quarter profit after a loss a year earlier, citing robust worldwide steel prices and tight supplies.
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U.S. stocks were slightly lower on  Wednesday as a number of companies warned over earnings, while  Federal Reserve Chairman Alan Greenspan's relatively upbeat  remarks on the economy gave investors no major surprises.
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U.S. stock index futures indicated a lower opening on Wall Street on Thursday with the focus on corporate results, while European shares slipped after a slew of mixed earnings.
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NEW YORK - Stocks are not expected to move much at the open Friday, with no big earnings news on the schedule, though a report on U.S. durable goods could set the tone...
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By Reuters. Two of the biggest American steel companies reported dramatic third-quarter turnarounds yesterday, with robust profits driven by surging steel prices that reversed year-earlier losses.
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NEW YORK Wall Street is sorting through the latest earnings news and stocks are narrowly mixed. The Dow Jones Industrial Average is up three points in today&#39;s early going.
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United States Steel Corp. X.N, the  largest U.S. integrated steelmaker, on Monday reported a  fourth-quarter profit after a loss a year earlier, citing  robust worldwide steel prices and tight supplies.
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PITTSBURGH, Oct. 30  â United States Steel said Tuesday that its third-quarter profit fell 35 percent, hurt by lower prices, shipments and costs related to raw materials and a recent acquisition.
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Shares on Wall Street looked set for a weaker start on Wednesday as concerns about the U.S. subprime mortgage market resurfaced ahead of U.S. housing and key inflation data and a slew of corporate earnings.
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NEW YORK - U.S. stocks are seen opening slightly lower Monday ahead of several earnings reports due out later in the day...
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U.S. stock index futures indicated a weaker open on Wall Street on Tuesday before a key economic report forecast to show a dip in manufacturing activity last month.
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Pepsi Bottling Group Inc  forecast 2008 earnings on Thursday that fell short of most Wall Street estimates, due in part to its expectation raw material prices such as corn and aluminum will keep rising.
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U.S. stocks nudged higher in light  trading  on Thursday after data gave a mixed picture of the  U.S. economy, but steel shares fell as investors worried that  weaker demand from China could depress prices.