|By PR Newswire||
|December 24, 2013 08:00 AM EST||
NEW YORK, December 24, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting United States Steel Corp. (NYSE: X), AK Steel Holding Corporation (NYSE: AKS), Arcelor Mittal (NYSE: MT), Nucor Corporation (NYSE: NUE) and Commercial Metals Company (NYSE: CMC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
United States Steel Corp. Research Report
On December 11, 2013, United States Steel Corp. (United States Steel) announced several executive management changes. Accordingly, the Company informed that effective January 1, 2014, John J. Quaid will assume the newly created role of Vice President-Iron Ore, and will be responsible for all mining operations. Larry T. Brockway, who currently serves as Senior Vice President and Chief Risk Officer, will become the Company's Senior Vice President, Chief Risk Officer and Treasurer; while Sharon K. Owen, Vice President - Supply Chain and Customer Service will retire from North American Flat-Rolled Operations following a 37-year career with the Company. The Full Research Report on United States Steel Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
AK Steel Holding Corporation Research Report
On December 18, 2013, AK Steel Holding Corp. (AK Steel) announced its Q4 2013 financial results guidance. The Company anticipates net income of $0.02 to $0.06 per diluted share of common stock. Shipments are expected to be approximately 1.4 million tons in Q4 2013 compared to shipments of 1.2 million tons in Q3 2013. Also, the Company expects its average selling price for Q4 2013 to decrease by approximately 4% from its average selling price of $1,071 per ton in Q3 2013, and anticipates incurring lower production costs in Q4 2013, primarily as a result of lower costs for iron ore pellets. The Full Research Report on AK Steel Holding Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Arcelor Mittal Research Report
On December 11, 2013, Arcelor Mittal MT (ArcelorMittal) announced changes to its organization structure with the aim of simplifying it. The Company decided to manage the business according to region, while also maintaining the product specialisation within those regions. In addition, the Company also announced Michel Wurth's intention to retire from the Company in April 2014. "We have implemented these changes to simplify the organisation and ensure we have the strongest possible foundation from which to operate and grow in the future. I am confident that these modifications will enable us to achieve that," said Lakshmi Mittal, Chairman and CEO of the Company. "I would also like to take this opportunity to thank Michel Wurth for everything he has contributed to the company over the past seven years. He is a much valued and respected colleague, who has a very real and genuine passion and commitment to the steel industry." The Full Research Report on Arcelor Mittal - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Nucor Corporation Research Report
On December 17, 2013, Nucor Corp. (Nucor) announced its guidance for its Q4 FY 2013 earnings (period ending December 31, 2013). The Company expects its earnings to be in the range of$0.35 to $0.40 per diluted share, which according to Nucor represents a decrease from both Q3 2013 earnings of $0.46 per diluted share and Q4 2012 earnings of $0.43 per diluted share. The Company said that its Q4 2013 projections include an estimated $30.0 million of LIFO expense or $0.06 per diluted share as compared with a credit of $18.0 million or $0.03 per diluted share in the Q3 2013 and a credit of $71.9 million or $0.14 per diluted share in Q4 2012. The Full Research Report on Nucor Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Commercial Metals Company Research Report
On December 9, 2013, Commercial Metals Company (Commercial Metals) announced its Q1 2014 conference call webcast details. The Company said that in conjunction with its Q1 2014 earnings release, the Company will hold a conference call that will be broadcast live over the internet on January 7, 2014, Tuesday at 11:00 a.m. ET. Commercial Metal informed that Joe Alvarado, Chairman of the Board, President & CEO, and Barbara Smith, Senior Vice President & CFO will lead the call. The Company also informed that the teleconference will be available via webcast on its website. The Full Research Report on Commercial Metals Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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