|By PR Newswire||
|March 18, 2014 08:01 AM EDT||
NEW YORK, March 18, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding United States Steel Corp. (NYSE: X), Arcelor Mittal (NYSE: MT), Axiall Corporation (NYSE: AXLL), AK Steel Holding Corporation (NYSE: AKS), and Tronox Limited (NYSE: TROX). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
United States Steel Corp. Analyst Notes
On February 25, 2014, United States Steel Corp. (U.S. Steel) reported that it successfully finalized its Q4 2013 and full-year 2013 earnings (preliminarily reported on January 28, 2014), in order to reflect additional after-tax benefits of $392 million. Consequent to this, the Company's results for the full year improved $392 million to a net loss of $1,672 million, or $11.56 per share, versus a net loss of $2,064 million, or $14.27 per share, as reported. Mario Longhi, President and CEO, commented, "We are transforming our business with The Carnegie Way, which extends to every aspect of U. S. Steel including our operations, our balance sheet and our global structure. While we still face many challenges, we are moving forward with purpose and beginning to see the results of our actions, allowing us to accelerate investment in innovation and the company's future success." The full analyst notes on United States Steel Corp. are available to download free of charge at:
ArcelorMittal Analyst Notes
On March 10, 2014, ArcelorMittal held its 2014 Investor Day. Presentations were given by: Lakshmi Mittal, Chairman and CEO; Aditya Mittal, Chief Financial Officer and CEO of ArcelorMittal Europe; Davinder Chugh, CEO of ArcelorMittal Africa and CIS, responsible for Algeria, Kazakhstan, South Africa and Ukraine, along with Marc Vereecke COO ACIS; Lou Schorsch, GMB member with responsibility for Americas; and Bill Scotting, Chief Executive of Mining. Lakshmi Mittal commented, "The leading indicators for our business have now been in positive territory since mid-2013. With around two thirds of our deliveries to the developed markets and an expected turnaround in EU and NAFTA demand in 2014, there is a foundation for growth this year as well as positive momentum into next year. Overall we made strategic progress at ArcelorMittal in 2013: we are focussed on the right drivers of performance and we have the right strategy. From top to bottom, as an organisation we are focusing our efforts on executing the implementation of this strategy." The full analyst notes on ArcelorMittal are available to download free of charge at:
Axiall Corporation Analyst Notes
On March 5, 2014, Axiall Corporation (Axiall) reported its nominees that will stand for election to the Company's Board of Directors at its 2014 annual meeting of stockholders, slated to take place on May 20, 2014. The Company informed that all of its current directors, except Stephen E. Macadam, will stand for re-election. Macadam, who has served as a Director since 2009, notified the Board that he has no plans to seek re-election. However, he will stay on as a director until the Company's 2014 annual meeting of stockholders. Mark L. Noetzel, Chairman of Axiall, commented, "Steve is an excellent director of Axiall Corporation and has made significant contributions to the company and its board. While the board is disappointed he will not seek re-election, we are grateful for his years of service, his advice and expertise, and his dedication in helping to steer Axiall Corporation through a truly transformational period. We all will miss Steve's counsel and fellowship." The full analyst notes on Axiall Corporation are available to download free of charge at:
AK Steel Holding Corporation Analyst Notes
On February 24, 2014, AK Steel Holding Corporation (AK Steel) announced that members of the United Steelworkers (USW) Local 169 have ratified a three-year labor agreement covering at least 280 hourly production and maintenance employees at the Company's Mansfield (OH) Works. James L. Wainscott, Chairman, President and CEO of AK Steel, commented, "We are pleased to have reached a new labor agreement at our Mansfield Works ahead of the expiration date. The agreement continues to serve the interests of both the company and Local 169 members in an increasingly competitive, global steel industry." The current agreement will expire on March 31, 2014, whereas the new agreement will be effective starting March 31, 2014 and will expire on March 31, 2017. The full analyst notes on AK Steel Holding Corporation are available to download free of charge at:
Tronox Limited Analyst Notes
On March 6, 2014, Tronox Limited (Tronox) welcomed Richard Muglia as Senior Vice President, General Counsel, and Corporate Secretary. Muglia has acted as deputy general counsel of Tronox since February 2013. Muglia will replace Michael Foster, who leaves the Company on May 31, 2014. However, to facilitate the transition, Foster will maintain his leadership role as Senior Vice President of the Tronox legal group. The full analyst notes on Tronox Limited are available to download free of charge at:
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