News Source: Fox News
| about 1 month ago
Visteon Corp., the Van Buren Township, Mich., auto-parts supplier, narrowed its third-quarter net loss on 18% lower sales. The loss was $38 million, or 29 cents a share, compared with $188 million, or $1.45, in the year-earlier quarter...At the end...
News Source: Belleville News-Democrat
| about 1 month ago
Steel to temporarily shut down furnace in Granite City News-Democrat Text Size: tool goes here U.S. Steel Corp. will temporarily close one of its two furnaces at its Granite City steel mill, which could impact as many as 200 workers. A furnace at...
News Source: Belleville News-Democrat
| about 1 month ago
Two American steelmakers posted sharply lower third-quarter results Tuesday, as demand for the metal used in manufacturing and construction remained muted amid the global economic downturn. But orders improved from historically low levels earlier in...
News Source: Chesterton Tribune
| about 1 month ago
Steel Corporation (USS) is reporting a net loss of $303 million or $2.11 per diluted share in the third quarter of 2009, compared to a net loss of $392 million or $2.92 per diluted share in the second quarter and a net income of $919 million or $7.79...
News Source: Daily Breeze
| about 1 month ago
United States Steel Corp. lost money for a third straight quarter as the global economic downturn dragged down demand for the metal used in everything from cars to office furniture. The loss highlights an industrywide slump that began when the...
News Source: International Business Times
| about 1 month ago
U.S. steelmakers reported better-than-expected third-quarter results on Tuesday but they restated their gloomy short-term views for the industry and the economy and their shares fell...Steel Corp posted a narrower third-quarter loss than Wall Street...