U.S. Steel stock gains 4% after Q2 beat, $500 million share buyback
Shares of U.S. Steel Corp. rose more than 4% in the extended session Thursday after the producer reported profit and sales above Wall Street expectations and said that it was "bullish" about its outlook, with other industries picking up the slack of slowing-down sectors. U.S. Steel said it earned $978 million, or $3.42 a share, compared with $1.01 billion, or $3.52 a share, in the year-ago period. Adjusted for one-time items, the company earned $3.86 a share. Sales rose to $6.3 billion from $5.03... Читать дальше...