U.S. Steel’s Quarterly Loss Narrows as Sales Jump 39% (X)
Posted on April 27, 2010 at 09:21 AM EDT
Steelmaker United States Steel Corporation (X) said Tuesday that its first quarter loss narrowed from last year, beating analyst estimates, as the company predicted a return to profitability in the second quarter. The Pittsburgh-based company reported a first quarter net loss of $157 million, or $1.10 per share, compared with a bigger loss of $439 million, [...]