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Enter Symbol:
 
United States Steel Corporation (X) [hlAlert]

Rating:
Sector Outperform
X
down 85.95 %

Usx Corporation (X) upgraded to Sector Outperform by CIBC Wrld Mkts

Posted on: Wednesday,  Sep 3, 2008  8:25 AM ET by CIBC Wrld Mkts

CIBC Wrld Mkts rated Sector Outperform United States Steel Corporation (NYSE: X) on 09/03/2008, when the stock price was
$120.24. Since then, United States Steel Corporation has lost 85.95% as of 11/24/2015's recent price of $16.89.
If you would have followed this CIBC Wrld Mkts's recommendation on X, you would have lost 85.95% of your investment in 2638 days.

United States Steel Corporation (U. S. Steel) is an integrated steel producer with production operations in North America and Europe. The Company has annual raw steel production capability of 31.7 million net tons (tons) (24.3 million tons in North America and 7.4 million tons in Europe). U. S. Steel is also engaged in other business activities including the production of coke in both North America and Europe and iron ore pellets in North America, and transportation services (railroad and barge operations), real estate operations, and engineering and consulting services in North America. U. S. Steel has three reportable operating segments: Flat-rolled Products (Flat-rolled), U. S. Steel Europe (USSE) and Tubular Products (Tubular). On January 31, 2009, the Company completed the sale of a majority of the operating assets of Elgin, Joliet and Eastern Railway Company (EJ&E) to a subsidiary of Canadian National Railway Company.

CIBC World Markets strives to deliver leading edge investment research to investing clients through our multi-faceted, firm-wide research product offering. Our research has consistently been recognized as a top research source for its breadth of coverage, industry knowledge and quality of work in generating profitable and timely investment ideas. We provide in-depth coverage for all of the major sectors of the Canadian economy and select coverage of U.S. companies. Our analytical teams remain committed to identifying trends early and developing exploitable investment opportunities across the market capitalization spectrum. With the continued growth in quantitative and computerized investing strategies, we have also developed leading edge quantitative and technical research products to partner with our fundamental approach. Our products are available through several automated avenues: email, website, and third-party market vendors. Client service is our driving force and we constantly advance in offering greater product customization options.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/3/2008 8:25 AM Buy
None
120.24
as of 12/24/2008
1 Week down  -3.10 %
1 Month up  24.48 %
3 Months down  -5.71 %
1 YTD down  -68.43 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/5/2007 9:25 AM Hold
None
100.21 117.00

(*) Stock Price at the time of the recommendation.
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