Banking on an economic rebound and better times ahead, investors have pushed hard into US Steel (X) recently. Shares of the Pittsburgh-based company, which has a market capitalization of nearly $6 bi

The S&P 500 rose for a sixth successive session, its best run since June of ‘07, as it and the Dow each ended at highs for the year, although an afternoon about-face on vacation volume mean

Price Hike by AK Steel AK Steel (AKS) announced today a price increase on its carbon steel products. In a press release, the West Chester, Ohio based steelmaker said effective July 1, 2009, carbon st

Posco Warns On Earnings Posco (PKX) is warning that January earnings will very likely be the worst in the company’s 40-year history. According to Bloomberg, Asia’s third-largest steelmake

World Banks Join Hands Bloomberg reports that, in a global coordinated action, the Federal Reserve, European Central Bank, Bank of Canada and Sweden’s Riskbank all cut their benchmark rates to

The Securities and Exchange Commission may require some US companies to switch to international accounting rules by 2014. The SEC says the change will make American companies more competitive in the

As the pendulum swings between greed and fear, investors typically behave in 1 of 2 ways: They either become over-enthusiastic during bull markets and over-despondent as the bear’s growl grows

Dell (DELL) says price cuts boosted second quarter sales, but cut profits 17%. Dell’s profit dropped to $616 million, or $0.31 per share, from $746 million, or $0.32, for the same period a year

Marvell Lower on Slower SalesShares of Marvell Technology (MRVL) are lower this morning after the company gave a forecast that indicated sales growth is slowing. Bloomberg reports the maker of chips

As stockholders sweep up the remnants of IndyMac and the FDIC continues to add to its list of troubled banks (Wachovia (WB), Washington Mutual (WM) and Zions Bancorp (ZION)) financial insti