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U.s. Steel


U.s. Steel is a publicly traded company having a good stock performance result. It’s a fortune 500 stock listed company trading under X. United States Steel Corporation headquartered in Pittsburgh, Pa., manufactures a extensive diversity of steel sheet, tubular and tin products like coke, and taconite pellets and has a worldwide annual raw steel capability of 26.8 million net tons.
 
When established in 1901, United States Steel Corporation was the largest business enterprise ever launched, with an authorized capitalization of 1.4 billion dollars.  Throughout the years, U. S. Steel responded to changing economic conditions and new market opportunities through diversification and periodic restructuring.  Today, 101 years after its founding, U. S. Steel remains the largest integrated steel producer in the United States.
 
United States Steel Corporation reported fourth quarter 2005 net income of 109 million dollars, or 0.85 dollars per diluted share, compared to third quarter 2005 adjusted net income of 93 million dollars, or 0.71 dollars per diluted share, and fourth quarter 2004 adjusted net income of 451 million dollars, or 3.46 dollars per diluted share.

Their 2005 earnings were the second highest on record, with net income of 910 million dollars on 14.0 billion dollars in revenues, compared to net income of 1.1 billion dollars on 14.0 billion dollars in revenues in 2004.
 
For full-year 2005, U. S. Steel reported net income of 910 million dollars or 7.00 dollars per diluted share, compared to 2004 adjusted net income of 1,135 million dollars, or 8.83 dollars per diluted share.  Prior period results have been adjusted retrospectively for a change in the method of accounting for inventories at U. S. Steel Kosice as discussed later.

The company reported fourth quarter 2005 income from operations of 222 million dollars, compared with adjusted income from operations of 148 million dollars in the third quarter of 2005 and 543 million dollars in the fourth quarter of 2004. For the year 2005, income from operations was 1,439 million dollars versus adjusted income from operations of 1,625 million dollars for the year 2004.

United States Steel Corporation is a high-performance, results-oriented company. They keep obligations and are accountable for their actions. They have earned a reputation as a responsible company that meets stakeholder and financial obligations and generates a competitive return on capital. They set challenging goals for their business and hold themselves responsible for achieving them.
 

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