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Stock Market & Financial Investment News

News Breaks
February 7, 2014
09:56 EDTXU.S. Steel can cut at least $1B in cost savings, says Goldman
Goldman's analysis suggests U.S. Steel can cut costs by more than $1B over the next few years. The analyst expects management to be aggressive in its actions to make earnings sustainable through the cycle, driving shares significantly higher. The firm rates shares a Buy with a $36 price target.
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July 30, 2014
09:51 EDTXU.S. Steel breaks out following results, levels to watch
The company reported much stronger than expected results after market close Tuesday, and the shares have broken out and are trading up over 14.5% to $31.73. At that price the shares are above the $30 area which has been the top of a trading range for nearly two years. A range breakout typically persists in the direction of the breakout for an extended period of time. Resistance is at the new 52-week high at $32.32 and then at $33.24.
09:04 EDTXOn The Fly: Pre-market Movers
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06:16 EDTXOptions expected to be active: TWTR BWLD AXP DWA PNRA AMGN X FB
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July 29, 2014
18:35 EDTXOn The Fly: After Hours Movers
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16:30 EDTXU.S. Steel sees Q3 reportable segments operating income up significantly from Q2
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16:25 EDTXU.S. Steel reports Q2 EPS (12c), consensus (29c)
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15:53 EDTXNotable companies reporting after market close
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July 25, 2014
07:11 EDTXUS Steel August weekly volatility elevated into Q2 and demand outlook
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