For Immediate Release

Chicago, IL – November 13, 2009 – Zacks.com announces the latest Industry Outlook. Today, Zacks Equity Research discusses the Steel Industry, including ArcelorMittal (MT), Steel Dynamics Inc. (STLD), AK Steel Holding Corporation (AKS), United States Steel Corporation (X) and Nucor Corporation (NUE).

A synopsis of today’s Industry Outlook is presented below. The full article can be read at http://www.zacks.com/stock/news/27253/Steel+Industry.

ArcelorMittal (MT) is the world’s largest steel company with steel production of 103.3 million tons in 2008. Other major players in the industry are Steel Dynamics Inc. (STLD), AK Steel Holding Corporation (AKS), United States Steel Corporation (X) and Nucor Corporation (NUE).

The Asia-Pacific region, especially China and India, is witnessing higher production and consumption of steel. This is due to the per capita consumption reaching up

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Weak volumes and prices drive losses United States Steel Corporation (X) recorded its third sequential loss -- $3.03 billion or $2.11 per share in the third quarter of 2009 in contrast to a net income of $9.19 billion or $7.79 per share in the third quarter of 2008. However, losses narrowed sequentially and were lower than the Zacks Consensus Estimate of a loss of $2.91. On a year-over-year basis, revenues were down 61% to $2.82 billion, driven by a 35% year-over-year decline in total steel shipments to 4.2 million tons. However, shipments increased 41% quarter on quarter. The company saw lower year-over-year volumes and prices across all major segments on the back of a slump in the economy. Additionally, increasing competition from China and weak demand in major markets, especially Europe, which resulted in lower capacity utilization have impacted results. Two of the company’s ...

For Immediate Release

Chicago, IL – October 13, 2009 – Zacks Equity Research highlights Amphenol Corporation (APH) as the Bull of the Day and Palm (PALM) the Bear of the Day. In addition, Zacks Equity Research provides analysis on United States Steel Corporation (X), Cliffs Natural Resources Inc. (CLF) and ArcelorMittal (MT).

Full analysis of all these stocks is available at http://at.zacks.com/?id=2676

Here is a synopsis of all five stocks:

Bull of the Day:

Amphenol Corporation (APH) is scheduled to release its fiscal Q3 results on October 15. The company stated that though the economic environment remains uncertain, there was a stabilization of demand in most markets.

We remain optimistic about Amphenol's long-term growth prospects in the mobile devices business. Demand for mobile phones remains strong. Beyond mobile phones, the company continues to expand the use of its products into fast

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On Oct. 9, United States Steel Corporation’s (X) wholly owned subsidiary U.S. Steel Canada Inc., ArcelorMittal Dofasco and Cliffs Natural Resources Inc. (CLF) have agreed to sell their respective interest in the Wabush Mines joint venture to a Montreal-based steel mining company, Consolidated Thompson Iron Mines Ltd., for $120 million. Wabush Mines owns and operates iron ore mining and pellet facilities in Newfoundland in the U.S. and Labrador and Quebec in Canada. Wabush's total rated annual production capacity is 6.4 million tons of iron ore pellets. U.S. Steel holds 44.6%, ArcelorMittal Dofasco holds 28.6% and Cliffs Natural Resources holds 26.8% in the joint venture. Completion of the transaction is subject to a right of first refusal held by the third owner - Cliffs. ArcelorMittal (MT), the world's largest steelmaker, will receive $34.28 million for its interest. Consolidated Thompson plans to finance the transaction with ...

DrStockPick.com Stock Report!

Friday August 7, 2009

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United States Steel Corporation (NYSE: X) Chairman and Chief Executive Officer John P. Surma today announced that Vice President-Worldwide Marketing Richard M. Efkeman has elected to retire effective Aug. 31, 2009, after 38 years of service with the company. A successor for Efkeman’s areas of responsibility will be named at a later date.

Horizon Lines, Inc., (NYSE: HRZ), the nation’s leading domestic ocean shipping and integrated logistics company, has topped the list of ocean carriers worldwide for schedule reliability in the second quarter 2009 with 100% on time performance, according to Drewry Shipping Consultants, based in London.

Alliant Techsystems (NYSE: ATK) Space Systems and NASA will

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For Immediate Release

Chicago, IL - April 14, 2009 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: United States Steel Corporation (X), MIPS Technologies, Inc. (MIPS), Chevron Corp. (CVX), Montpelier Re Holdings Ltd ( MRH) and Taiwan Semiconductor Manufacturing Co. (TSM).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=4579.

Here are highlights from Monday's Analyst Blog:

U.S. Steel Bending to Pressure

United States Steel Corporation (X) is a leading steel manufacturer in the U.S. Rising supply from China, low demand from the automotive and residential sectors and rising labor costs are affecting

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United States Steel Corporation (X) is a leading steel manufacturer in the U.S. Rising supply from China, low demand from the automotive and residential sectors and rising labor costs are affecting the company's operations. In order to consolidate operations, the company has closed several facilities and plans more shutdowns in the near term.Going forward, U.S. Steel's tubular business will be unsustainable, given the sharp deterioration in energy prices and drilling activity, coupled with the continued onslaught of imports. These lead us to rate the stock a Hold.Steel prices plummeted from record highs last year, though they have recovered modestly in recent months. In addition, U.S. Steel s tubular business will be unsustainable moving forward, given the sharp deterioration in energy prices and drilling activity, coupled with the continued onslaught of imports. Read the full analyst report on "X"Zacks Investment ...

United States Steel Corporation (X) is a leading steel manufacturer in the U.S. However, rising supply from China, low demand from the automotive and residential sector and rising commodity and labor costs lead us to rate the stock a Hold with a six-month target price of $30.00.U.S. Steel Corp. reported fourth quarter 2008 net income of $308 million, or $2.65 per diluted share, compared to fourth quarter 2007 net income of $35 million, or $0.29 per diluted share. Fourth quarter 2008 net income was increased by $76 million, or 65 cents per diluted share.Despite improving profitability and cash flows, there are several challenges in store for U.S. Steel. China's steel output has outpaced demand, causing excess supplies and depressing global steel prices. If the trend continues, it would severely impact the company's bottom-line growth. In addition, U.S. Steel's domestic flat product volumes will suffer ...

U.S. Steel Corporation’s (X) record results signal stellar growth. The company’s strong cash flow enables it to hike dividends, which is what occurred in late July when U.S. Steel upped its dividend by 5 cents per share, declaring a 30-cent dividend. The company’s earnings per share are expected to grow by 14% over the next 3 to 5 years, outpacing the industry average projection of 10%.

Company Description

United States Steel Corporation produces steel, running major production operations in the United States, Canada and Central Europe. The company manufactures a wide range of value-added steel sheet and tubular products for the automotive, appliance, container, industrial machinery, construction, and oil and gas industries. U.S. Steel is headquartered in Pittsburgh, PA.

Bullish Forecasts

United States Steel Corporation has seen analysts boost full-year earnings estimates. Forecasts of $20.61 per share climbed from $16.98 over the past 60 trading days. The most accurate estimate is

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Don't say we didn't tell you, last Friday we wrote - Sometimes its best to just clear the portfolio and take a breather. With Auto Sales set to report next Tuesday along with a bunch of other crap that could bring the market to its knees, why risk it? The Dow is going down thanks to bad retail sales and unemployment data. Time to go shopping. Just like that, U.S. retailers posted sluggish back-to-school sales reports today and the government said the number of workers seeking unemployment benefits spiked last week. The Dow Jones industrials fell more than 200 points. So now what? Shopping list time.Right of the ...