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8/18/14United States Steel Corp Surges: Nearing Key Shorting Level (The Market Financial)

United States Steel Corporation (NYSE:X) is jumping sharply higher by almost 5% on the day. It is trading at $38.13 +1.73 (+4.81). This stock has rocketed higher ever since its last earnings report. This report surprised Wall Street and has made shorts cover and institutions buy. While a powerhouse, the stock is coming into a [...]

12/11/13Company Update – Morgan Stanley (NYSE:MS) – We’re Not Wrong on U.S. Steel, Morgan Stanley Says (Jutia Group)

[at Barrons.com] - Nearly one month ago, Morgan Stanley upgraded US Steel (X), downgraded Nucor (NUE) and raised its price target on Steel Dynamics (STLD). And can you believe it? Investors have been pushing back against ... Read more on this. Morgan Stanley (MS), valued at $59.15B, started the session at $30.79. [...]

5/23/13(X) U.S. Steel Dropped to Underperform (Stock Blog Hub)

On May 8, we downgraded U.S. Steel (X) to Underperform factoring in the oversupply in the steel industry, pricing pressure, a still depressed construction market and the challenges faced by the company’s flat-rolled business. Why the Downgrade? The largest integrated U.S. steel producer posted, on Apr 30, a net loss of $73 million or 51 cents per [...]

2/15/13(X) Keeping U.S. Steel at Neutral (Stock Blog Hub)

We have retained our Neutral recommendation on U.S. Steel (X). While the company should benefit from expanded cokemaking capabilities and lower raw material costs, a depressed construction market, oversupply in the steel industry and pricing pressure remain as headwinds. Why Retained? The largest integrated U.S. steel producer posted a net loss of $50 million or 35 cents [...]

12/30/12Andrew Carnegie - The Richest Man in the World (Finance Documentaries)

This documentary reviews the life of Andrew Carnegie (1835-1919) - one of the wealthiest historical figures of the USA; amassing a fortune estimated to be worth close to $300 billion in today's dollars. Carnegie set out to take control of the US steel industry at a time where booming building in rail, bridges and infrastructure, and sky scrapers and other building fuelled demand. Initially working his way up from a factory worker, to his formative job at Pennsylvania Railroad Company where he...

5/10/12(X) United States Steel Corporation Beats First Quarter Earnings (Stock Blog Hub)

United States Steel Corporation (X) came out with positive results in the first quarter of 2012, posting adjusted earnings of 67 cents per share and beating the Zacks Consensus Estimate of 49 cents. However, net loss (as reported) widened roughly two-and-a-half-fold year over year to $219 million (or $1.52 per share) from $86 million or 60 [...]

5/1/12(X) United States Steel Corporation Beats in First Quarter (Stock Blog Hub)

United States Steel Corporation (X) came out with positive results in the first quarter of 2012, posting adjusted earnings of 67 cents per share and beating the Zacks Consensus Estimate of 49 cents. However, net loss (as reported) widened roughly two-and-a-half-fold year over year to $219 million (or $1.52 per share) from $86 million or 60 [...]

4/24/12US Steel Posts Operating Profit on Low Natural Gas Prices (Value Investing)

The largest producer of steel in the U.S., United States Steel Corporation (NYSE:X) , reported a profitable first quarter after saying that low natural gas prices helped lower costs.  The company reported a profit of $0.67 a share (if you exclude the loss associated with the Serbian plant sale).  Sales were up 6% to $5.172 billion which [...]

4/24/12Not Made Of Steel (The Market Financial)

This morning, all of the leading steel stocks are declining despite an early stock market bounce. United States Steel Corporation (NYSE:X) is considered the leading steel stock in the sector. X stock is declining lower by $1.14 to $27.08 a share. Short term traders can watch for intra-day support around the $26.95, and $26.50 levels. [...]

3/29/12Steel Could Continue To Melt (The Market Financial)

This morning, most of the leading steel stocks are trading slightly lower on the session. The important steel sector has been declining since March 19, 2012. The sector still looks as if it can have further downside in the near term before any meaningful bounce can take place. The leading [...]

3/22/12Steel Bends Lower (The Market Financial)

All of the leading steal stocks are selling off this morning. This sector has been very strong over the past week and today's decline could just be a short term pullback. U.S. Steel Corp (NYSE:X) is considered the leading stock in the sector. This morning, X stock is trading lower by [...]

3/19/12Monday's Stock Market News: UPS Inc. (NYSE: UPS), US Steel Corp (NYSE: X), Glencore (Money Morning)

Monday's stock market news from United Parcel Service Inc. (NYSE: UPS), U.S. Steel Corp. (NYSE: X), and Glencore International Plchelped drive gains in U.S. markets. The Dow moved up a slim 0.05% to close at 13,239.13; the S&P 500 climbed 0.4% to close at 1,409.75; and the Nasdaq rose 0.75% to 3,078.32. United Parcel Service Inc. (NYSE: UPS) biggest deal in company history: UPS announced Monday a $6.77 billion deal to buy Netherlands-based delivery service TNT Express NV to...

2/27/12Metals Not Confirming Market Strength (The Market Financial)

The metal stocks have stalled and fallen sharply over the last few weeks, not confirming the market strength. This has to be a warning of possible economic weakness in the coming months. Look at the iPath Dow Jones-UBS Copper Subindex Total Return ETN (NYSEARCA:JJC) . This topped out in mid January [...]

12/5/11United States Steel Corporation (NYSE:X) Lightning Up Trading Screens On Friday Closing (Penny Stock DD)

Stock Performance: United States Steel Corporation (NYSE:X) jumped up by 2.06% and closed at $27.81 whereas overall traded volume stood at 15.18 million shares for the last trading session as compare to its average volume stood at 13.43 million. Its total market capitalization arrived at $4 billion. Its outstanding shares stood at 144 million. The current [...]

10/25/11General Review On United States Steel Corporation (NYSE:X) (Penny Stock DD)

ABOUT United States Steel Corporation (NYSE:X): United States Steel was incorporated in 1901 and situated in Pittsburgh, Pennsylvania. The company is a steel producer of flat rolled and tubular products with major production operations in North America and Europe. The United States Steel Corporation has annual raw steel production capability of 31.7 million net tons which [...]

10/24/11United States Steel Earnings Estimate $X (Robert Weinstein Trading Blog)

Earnings Overview for United States Steel Corporation (X) By Robert Weinstein United States Steel Corporation (X) is due to report earnings before the opening bell on October 25, 2011. Below you can see the results of X over the last few earnings periods. X trades an average of 11.7 million shares per day. United States Steel Corporation [...]

10/18/11Report on United States Steel Corporation (NYSE:X) (Penny Stock DD)

Company Background United States Steel Corporation (NYSE:X) was incorporated in 1901 and is engaged in production and selling of steel mill products in North America and Central Europe. Based in Pittsburgh, Pennsylvania, the company has three main business segments which are Flat-rolled Products, US Steel Europe and Tubular Products. The company owns 200,000 acres of surface [...]

9/7/115 Great Buy Ideas Trading Under $30 (Investment Underground » Page not found)

The recent sell-off put a number of stocks on sale. We took a look at some solid stocks trading under $30. As always,

8/8/11Wall Street dives after S&P downgrade (Penny Stock DD)

 Stocks tumbled on Monday, tracking a sharp drop in global equity markets after rating agency Standard & Poor's cut the top-tier AAA credit rating of the United States, rattling already-jittery investors. The technology heavy Nasdaq fell more than 3 percent at the open. Market sectors most sensitive to the economy, such as the banking and natural-resource sectors, took the brunt of selling. [...]

7/21/11U.S. Steel to Retest Resistance (Wall Street Sector Selector)

Despite some soft China PMI data overnight, U.S. Steel (X) is up nearly 1% as it climbs towards a retest of key trendline resistance at 45.25, which if hurdled should trigger upside continuation towards the top of its May-July base formation (46.40...

6/15/11U.S. Steel Near End of Bear Phase? (Wall Street Sector Selector)

The euro is collapsing and taking US equities with it. Nonetheless, let's have a look at the pattern that is developing in U.S. Steel (NYSE: X). The most salient aspect to the enclosed chart of X is the week-long, bottoming-type price action betw...

6/8/11Idling Plant Could Cost U.S. Steel Big (Wall Street Sector Selector)

U.S. Steel could end up paying a lot for its decision to idle its blast furnace and steel-making operations at Hamilton Works, Canada. After Canada’s Federal Court of Appeal decided against the company some days ago, the company could face penalt...

4/27/11Goldman Cuts U.S. Steel to Neutral (Wall Street Sector Selector)

Goldman Sachs steel analyst Sal Tharani melted his rating on U.S. steel down to “neutral” from “buy,” citing what he called “disappointing” first quarter results and “weaker-than-expected” guidance. Altho...

4/26/11Market Updates: Valero Energy (NYSE:VLO), Ford Motor (NYSE:F), 3M (NYSE:MMM), U.S. Steel (NYSE:X) (Jutia Group)

Valero Energy (NYSE:VLO) said its first-quarter profit came in at $98 million, or 17 cents a share, from a loss of $80 million, or 20 cents a share, in the year-ago period. Income from continuing operations totaled 18 cents a share in the latest quarter. Revenue [...]

3/28/11Calls Active on U.S. Steel Corp. (X) (Benzinga)

Shares of U.S. Steel Corp. (NYSE: X) are popping higher this morning on renewed takeover speculation; currently, shares are up by 1.07%, trading at $55.61. The name has been tossed around as a takeout cnadiate for the past 3-4 months, pushing shares above the 200-day moving average. With U.S. Steel Corp. now consolidated firmly above that levels, shares seemed primed to go higher even without a takeover. With that said, call volume is running curiously high this morning, with over...

2/14/11New Upmove for U.S. Steel (Wall Street Sector Selector)

The correction in U.S. Steel (NYSE: X) from the Feb 4 high at 61.40 likely ended at last Thursday's low of 56.35, and a new upmove has emerged within the larger upleg off of the October low at 39.78. In addition, we can still view the past 10 mont...

1/25/11Eyeing New Upleg in U.S. Steel (Wall Street Sector Selector)

My intermediate-term pattern work in U.S. Steel (X) argues strongly that last week's low at 51.33 ended the correction off of the January 3 high at 61.18. If proven accurate, that means the price structure held the top of its 8-month rounded base-...

1/25/11U.S. Steel Corp. (NYSE: X): Q4 Earnings Preview 2010 (Stock Wizard)

United States Steel Corp. (NYSE: X), the largest U.S.- based steelmaker, is scheduled to release fourth-quarter earnings before the market open on Tuesday, January 25, 2011. Analysts, on average, expect the company to post a loss of $1.12 per share on revenue of $4.22 billion. In the year ago quarter, the company posted a loss of $1.83 per share on revenue of $3.35 billion. United States Steel Corporation, through its subsidiaries, engages in the production and sale of steel...

12/7/10U.S. Steel Breaks Out (Penny Stock DD)

I have been reporting the breakout of U.S. Steel (X) on twitter since last week, so I thought I would quickly post a chart outlining the case and provide some additional commentary. Like most steel stocks, U.S. Steel has lagged the S&P 500 for most of this year. The stock has churned [...]

11/10/10Want to Lose Money? Then Listen to Jim Cramer (Wall St. Cheat Sheet)

Friedman thinks Cramer makes a very strange case for buying Netflix (NFLX) ...

11/10/10Want to Lose Money? Then Listen to Jim Cramer (Wall St. Cheat Sheet)

Jim Cramer has become famous for sputtering uninformed opinions with the manic excitement of a dog in heat. A case in point is a recent claim that he made about the companies Netflix and US Steel. He argues that because US Steel is losing money, Netflix is a buy. Let's start from the point of incoherence: this is an incoherent argument because Netflix and US Steel operate in vastly different sectors of the economy, have very different capital needs, very different capital structures, and...

11/2/10Steel Stocks Show Signs Of Life (Benzinga)

The steel stocks have been one of the few sectors to fail at any sort of rally in the last two months. While other stocks like Southern Copper Corporation (USA) (NYSE: SCCO) have doubled in price, steel plays have stayed near their 2010 lows. Recently, United States Steel Corporation (NYSE: X) reported earnings which were down right ugly. The stock dropped even more. Over the last few days, steel stocks have started to turn around. Whether it is short covering, buyers or the China PMI...

10/27/10U.S Steel Reports Q3 Loss; Lowers 4Q Guidance (Benzinga)

Goldman is lowering its 4Q2010 EPS estimate on U.S Steel (NYSE: X) to a loss of $0.94 from a profit of $0.08 due to higher cost assumptions and lower production. US Steel reported a 3Q loss of $1.20 per share after adjusted for one-time items. The company expects no sequential change in its carbon flat steel operations in the US and Europe, and lower operating income for the tubular division. Goldman lowers its FY2010E EPS to a loss of $2.80 from a loss of $0.30. There is no change to the...

10/26/10X Doesn't Mark The Spot (X) (Benzinga)

Shares 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 had expected a gain of 23 cents on revenues of $4.46 billion. CEO John Surma was negative on the quarter, saying, "All three of our segments had lower shipments and production as activity in...

10/25/10Dahlman Rose Has $61 Target On U.S. Steel (X) (Benzinga)

Dahlman 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 pressure on base metal prices. Another potential source of pressure that resurfaced last week is concern over the Chinese economy brought about by tightening measures. Similar to our stance on tightening...

10/25/10United States Steel (NYSE: X): Q3 Earnings Preview 2010 (Stock Wizard)

United States Steel Corp. (NYSE: X), the second-biggest US steelmaker, is scheduled to release its third quarter earnings before the opening bell on Tuesday, October 26, 2010. Analysts, on average, expect the company to report earnings of 23 cents per share on revenue of $4.53 billion. In the year ago period, the company reported a loss of $2.11 per share on revenue of $2.82 billion. United States Steel Corporation, through its subsidiaries, engages in the production and sale of steel...

10/15/10(X) United States Steel Corporation Analyst Reiterates Neutral Rating (Stock Blog Hub)

We reiterate our Neutral recommendation on United States Steel Corporation (X), the fifth largest steel producer worldwide. U.S. Steel’s operating results have started reflecting the benefits of the gradual economic recovery in North America and Europe. The company’s raw steel capability utilization rate in the first half of 2010 was 78% for the North American operations and [...]

10/13/103Q Preview On U.S. Steel (Benzinga)

Deutsche Bank has issued a company alert on US Steel (NYSE: X) in anticipation of 2Q10 results. In the report, Deutsche Bank writes "Prior comments from X noted that profitability will decline in 3Q as a result of lower shipments & higher maintenance costs in its Flat rolled segment. Tubular is the only unit expected to report improved sequential earnings. In Flat-Rolled, we forecast EBIT to be NIL (vs $98MM in 2Q10), and our other segment EBIT estimates are: Europe = $20MM ($19MM in 2Q);...

9/30/10Traders Still Bullish on U.S. Steel (X) (Benzinga)

Shares of United States Steel Corporation (NYSE: X) are lower on the session by 1.56%, currently trading at $43.62. The stock has been moving largely sideways for the past five months after sliding lower throughout April and May. Options traders continue to place bullish bets on the name, however. Case in point, a short while ago the April 2011 $50/70 call spread was purchased 2,500 times for $2.90. Volume exceeded open interest on both strikes. There continues to be takeover chatter...

9/22/10Shares of Steel Companies Rebounding After Being Hit Past Few Days (Benzinga)

Shares of steel producers are rebounding in early Wednesday trade after being hit hard the past few days after price target cuts at Goldman Sachs. Shares of U.S. Steel (NYSE: X) are up 69 cents to $45.68, a gain of 1.5%. Goldman had cut its price target to $45 from $51, citing weak demand. Shares of Nucor (NYSE: NUE) are up 26 cents or 0.7% today. Goldman had cut its price target to $40 from $45 for the same reason. Learn how to find the best stocks to trade each day in our 70 page...

9/20/10Mike Khouw's United States Steel Corporation (X) Trade (Benzinga)

Goldman Sachs (NYSE: GS) downgraded United States Steel Corporation (NYSE: X) today, because its analysts believe that the near term fundamentals for the steel companies are going to remain weak. This analysis inspired Mike Khouw to create an option strategy. He shared this strategy with the viewers of CNBC's Fast Money, and he said that he wants to sell the January 41 put for $3.10, and the January 55 call for $1.90. This trading structure would help him collect $5.00, and it will be...

9/20/10Goldman Sachs Lowers Steel Companies (NUE, X) (Benzinga)

Goldman Sachs is downgrading the steel sector, as fundamentals are expected to remain weak in the near term. It cut U.S. Steel (NYSE: X) to Neutral from and lowered its price target to $45 from $51, and Nucor went to Neutral from Buy, and $40 from $45. In the research note, Goldman writes, "With expect steel prices to remain range bound and steel fundamentals are expected to remain lackluster in the near term. There will be added competition from the newly started ThyssenKrupp's flat roll...

9/15/10Watch Out U.S. Steel, You Might Be Next (AKS, STLD, X) (Benzinga)

AK Steel (NYSE: AKS), Steel Dynamics (NASDAQ: STLD) and Nucor (NYSE: NUE) all recently lowered their earnings expectations for the third quarter, due to higher input costs, lower sales prices, and a blast furnace outage at AK's Ashland furnace. How does this look for U.S. Steel (NYSE: X) and its shareholders? It's a mix at this point, with more negative points than good at this time. One positive for U.S. Steel the higher input costs, as X owns their own iron ore plants, a significant...

9/13/10Stocks With China Economic Growth Connections (Gold Stocks Today)

China's growth prospects have brightened, as we look at in detail in our video this week, and here are charts of a number of stocks which may benefit from China's move. One is United States Steel Corp. (X), which should benefit from China procur...

9/7/10US Steel Marching Higher To Beat of Offer Pounding (X) (Hedge Accordingly)

(Benzinga writes) Shares of steel producers are surging in a sympathy trade off rumors US Steel ( NYSE :  X ) will be taken over by Mital (NYSE:  MT ). X shares are up nearly 3.2% on volume of 11mil shares. vs full day 3 month average of 13mil shares. Options  traders  are focusing on the OTM front and back month calls. Specifically the October 52.50 calls. 3200 have traded vs open interest of 3500. A Huge block trade went off in X around noon...

8/10/10A Tale of Two Investments: U.S. Steel Scenario Illustrates the Power of Dollar-Cost-Averaging (Money Morning)

To understand the potential defensive-investing benefits of dollar-cost averaging, let's take a look at two scenarios involving United States Steel Corp. (NYSE: X). Thanks to the general downtrend in the market, the May 6 "flash crash," and the rapid subsequent rebound, U.S. Steel shares fell from a 52-week high of $70.95 on April 6 to just $52.81 at the market close on Friday, May 14. Indications of some new life in the construction sector and an uptick in autos would seem to...

8/2/10(X) U.S. Steel Earnings Report Falls Far Short (Stock Blog Hub)

The leading steel manufacturer in the U.S. and the fifth largest in the world, United States Steel Corp. (X), delivered adjusted earnings per share (EPS) of 45 cents in its second quarter ended June 30, 2010, which fell short of the Zacks Consensus Estimate of 63 cents. EPS in the quarter was in stark contrast [...]

5/16/10Early Writings of Benjamin Graham: A Case Study of US Steel (Value Investing)

[caption id="" align="alignright" width="108" caption="Benjamin Graham"][/caption] It is always a pleasure to read some early writings of Benjamin Graham.Jason Zweig just came out with a book featuring a collection of Graham's writings. The book is titled Benjamin Graham, Building a Profession: The Early Writings of the Father of Security Analysis. Jason Zweig is an investing and personal [...]

3/18/10(X) United States Steel Corporation Issues Debt – Maintains BB+ Rating (Stock Blog Hub)

Ratings agency Fitch Ratings has assigned a "BB+" rating to United States Steel Corporation’s (X) $500 million debt issued recently, reports AP. According to Fitch, “BB+" rated debt is non-investment grade or junk bond and is more vulnerable to changes in the economy. The company plans to use the proceeds from the notes due 2020 [...]

2/10/10Stocks in Play: United States Steel Corporation (NYSE:X), Freeport-McMoRan Copper & Gold (NYSE:FC... (Jutia Group)

There is no other way to describe the last couple weeks in the market other than choppy!  From a master reversal and bottoming tale on Friday was a beauty.  It essentially told me we would go into a short term choppy upward direction.  That is exactly what we have gotten. Monday saw [...]


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