Cost Plus predicts a wider loss in third quarter than a year earlier as sales declineAugust 27th, 2009 Cost Plus expects loss third-quarter loss to widenOAKLAND, Calif. — Specialty home retailer Cost Plus Inc.
Analyst sees rising prices, increased demand for steel makersAugust 19th, 2009 Ahead of the Bell: Steel SectorHARTFORD, Conn. — Domestic steel prices are on the rise as demand increases and inventories remain weak, though investors may be cautious as prices for Chinese steel declines in the short term, an analyst said Wednesday.
US Steel reports another quarterly loss as metal demand remains low amid global downturnJuly 28th, 2009 US Steel posts another quarterly lossMONEY LOST: U.S. Steel posted its second straight quarterly loss for the April-June period.
Steel Dynamics forecasts third-quarter earnings above Wall Street expectationsJuly 23rd, 2009 Steel Dynamics targets above-expectation profitFORT WAYNE, Ind. — Steel Dynamics Inc.
Skechers takes loss in 2nd-quarter as weak demand continuesJuly 22nd, 2009 Skechers reports 2nd-quarter lossMANHATTAN BEACH, Calif. — Footwear maker Skechers USA Inc.
AK Steel reports $47 million loss for 2nd quarter as auto industry puts brakes on demandJuly 21st, 2009 AK Steel posts $47M loss for 2Q as demand fallsPITTSBURGH — AK Steel Holding Corp., a supplier of steel for cars and trucks, on Tuesday posted a second-quarter loss of $47.2 million, partly due to shrinking demand from the battered auto industry. But the results beat Wall Street expectations.
German steelmaker ThyssenKrupp posts second quarter net loss of euro362 millionMay 13th, 2009 ThyssenKrupp 2Q net loss euro362 millionFRANKFURT — German steelmaker and industrial company ThyssenKrupp AG booked a net loss in the second quarter, due to a dramatic drop in demand amid the recession, and predicted an operating loss for the full year while saying it would slow work on a new Alabama plant. The Duesseldorf-based company, Germany's largest steel producer, said late Tuesday it lost euro362 million ($496 million) in the January-March period, compared with a net profit of euro502 million in the second quarter of 2008.
German steelmaker ThyssenKrupp posts second quarter net loss of €362 millionMay 13th, 2009 ThyssenKrupp 2Q net loss €362 millionFRANKFURT — German steelmaker and industrial company ThyssenKrupp AG booked a net loss in the second quarter, due to a dramatic drop in demand amid the recession, and predicted an operating loss for the full year while saying it would slow work on a new Alabama plant. The Duesseldorf-based company, Germany's largest steel producer, said late Tuesday it lost €362 million ($496 million) in the January-March period, compared with a net profit of €502 million in the second quarter of 2008.
AK Steel trims second-quarter outlook on GM, Chrysler production shutdownsMay 5th, 2009 AK Steel cuts its second-quarter outlookPITTSBURGH — Production cuts at General Motors Corp. and Chrysler LLC will leave AK Steel with a larger-than-expected loss in the second-quarter, the steel maker said Tuesday.
Legg Mason, MGM Mirage, AK Steel, Texas Roadhouse among big market movers TuesdayMay 5th, 2009 Legg Mason, MGM Mirage, AK Steel big moversNEW YORK — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Legg Mason Inc., down $3.90 at $18.63
Lower-than-expected revenue forced the asset manager to report a wider fourth-quarter loss, and it slashed its dividend by 88 percent. MGM Mirage, up $3.36 at $12.80
The sale of a hotel and casino helped the company report a first-quarter profit, and its CEO said demand looks to be firming.
US Steel loses $439 million in 1Q as recession weakens steel demand, pricesApril 27th, 2009 US Steel posts 1Q loss as demand dropsPITTSBURGH — United States Steel Corp. says it lost $439 million in the first quarter as the recession pinched demand for the metal.
Nucor reports 1Q loss of $190M on weaker steel demand; first loss in more than 4 decadesApril 23rd, 2009 Nucor posts 1Q loss of $190M on weak steel demandPITTSBURGH — Nucor Corp., the largest U.S. steel maker by production, on Thursday reported its first loss ever as a severe recession sapped demand for the metal.
AMD first-quarter loss widens, though not as badly as Street fearedApril 21st, 2009 AMD 1Q loss widens, though not as badly as fearedSAN FRANCISCO — Advanced Micro Devices Inc. says its loss widened in the first quarter because of falling demand for its microprocessors.
AK Steel reports 1Q loss vs. year-ago profit as reeling auto industry dents steel demandApril 21st, 2009 AK Steel posts $73M loss in 1QPITTSBURGH — AK Steel Holding Corp., a supplier of steel for cars and trucks, on Tuesday reported a first-quarter loss compared with a year-earlier profit, as the recession continued to dampen demand for the metal. The West Chester, Ohio-based company's loss of $73.4 million reflected lower shipments for the metal used in everything from cars and dishwashers to high-rise buildings.
Tata Steel expects 10-15 percent sales growth in FebruaryFebruary 12th, 2009 KOLKATA - Tata Steel expects its February sales to grow 10-15 percent as compared to last month on the back of falling steel prices. 'In light of what is happening around the world, the Indian demand situation is not bad.
Loading ...