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Stock Market & Financial Investment News

News Breaks
December 13, 2012
07:14 EDTMTArcelorMittal CEO 'much more optimistic' on U.S. economy, FT says
Lakshmi Mittal, chairman and CEO of ArcelorMittal (MT), the world’s leading steelmaker by sales, said the impact of cheap shale gas has made him “much more optimistic” than he was two years ago about the prospects for the U.S. economy, reported Financial Times. Mittal also confirmed his company is weighing a potential bid for a steel plant in Alabama owned by ThyssenKrupp, the report noted. Reference Link
News For MT From The Last 14 Days
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August 27, 2015
10:00 EDTMTOn The Fly: Analyst Initiation Summary
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08:48 EDTMTArcelorMittal initiated with a Neutral at JPMorgan
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August 25, 2015
06:44 EDTMTArcelorMittal finds success in Northern France plant, WSJ reports
ArcelorMittal (MT) has found improbable success investing heavily in Europe, particularly in rust belt Northern France, the Wall Street Journal reports. The company's most profitable business unit is located in Northern France, and the European Union is still the globe's most prestigious automotive market, where companies such as Audi (AUDVF) and BMW (BAMXY) make nearly a trillion dollars worth of cars a year, the report says, meaning higher demand for locally produced steel. Reference Link

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