YOUR FRIENDS' ACTIVITY

    News Summary: US Steel's 3Q net income doubles

    By The Associated Press | Associated Press – Tue, Oct 30, 2012

    PROVING THEIR METAL: U.S. Steel made $44 million, or 28 cents per share, in the third quarter. That compared with $22 million, or 15 cents, in the year-ago quarter. Revenue fell 8.4 percent to $4.65 billion. The most recent results reflected several one-time items, including a $27 million tax benefit.

    IRONING THINGS OUT: U.S. Steel, like other steel makers, said its performance was pressured by slowing global growth that hurt shipments and prices. Imports also jumped which created plentiful supplies.

    STEELY DETERMINATION: U.S. Steel forecast overall break-even results in the fourth quarter, with lower prices and shipments.

    Loading...

    More Business News

     

    News for You »

    • Man charged with tossing wife off cruise ship

      SANTA ANA, Calif. (AP) — A California grand jury has indicted a Florida man on charges he strangled his ex-wife and tossed her off a cruise ship in Italy.

    • Police: Paraplegic castrated at Philly facility

      PHILADELPHIA (AP) — A 41-year-old man is being held on $5 million bail after police say he castrated a paraplegic during a dispute at an assisted living facility in Philadelphia.

    • Feds find possible remains at NYC mobster's home

      NEW YORK (AP) — The FBI has found possible human remains in a dig at the New York City house once occupied by a famous gangster.

    • Kim and Kanye's Baby Name Is Not That Strange

      It's being reported that rapper Kanye West and his reality star girlfriend Kim Kardashian have named their brand-new baby, born this weekend, Kaidence Donda West. Donda was Kanye's late mother's name, so that makes sense, but, um, Kaidence? What's going on with Kaidence?

    • Prison for Ohio woman who buried mom in yard

      COLUMBUS, Ohio (AP) — A woman who quit her job to care for her elderly mother felt at a loss to support herself when the older woman died so she buried her in the yard of their Florida home and lived off her mother's Social Security checks for 14 years, her lawyers and federal authorities say.

    • Father sentenced for binding kids outside Wal-Mart

      LAWRENCE, Kan. (AP) — A suburban Chicago man was sentenced Wednesday to 30 months in prison for binding and blindfolding two of his children a year ago in a Wal-Mart parking lot in eastern Kansas.

    • Brothers run at bear to save younger sister

      A family had a close encounter with a bear while celebrating Father's Day during a camping trip in Wyoming, NBC-2 reports. The Kelly family had a relaxing Sunday morning breakfast, but apparently they didn't clean up as well as they initially thought. According to NBC-2, a bit of bacon grease was still on the campground [...]

    • Wash. parents' ruse snares man wooing daughter

      SPOKANE, Wash. (AP) — A father who discovered his 15-year-old daughter was being wooed on Facebook by a man twice her age took matters into his own hands.

    Show More
    Loading...

    Follow Yahoo! News

    Brought to you byYahoo! Finance