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:
http://www.AnalystsReview.com/03182014/X/report.pdf
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:
http://www.AnalystsReview.com/03182014/MT/report.pdf
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:
http://www.AnalystsReview.com/03182014/AXLL/report.pdf
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:
http://www.AnalystsReview.com/03182014/AKS/report.pdf
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:
http://www.AnalystsReview.com/03182014/TROX/report.pdf
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