United States Steel Corporation (NYSE:X) reported earnings for the fourth quarter of its fiscal year 2014 (4QFY14), ended December 31, 2014, before the opening bell today. The company reported adjusted net income of $275 million, which was down from $297 million last year. The reported adjusted net income had beaten analysts’ estimate of $120 million. On Wednesday shares of United States Steel Corp. (NYSE:X) closed at $23.58. Company’s sales growth for last 5 years was -6.00% and EPS growth for next 5 years is recorded as 6.50%.
BP plc (NYSE:BP) on Wednesday agreed to sell half of its equity — and its control — in two key deepwater Gulf of Mexico (GOM) discoveries and partner with Chevron Corp. and ConocoPhillips to develop prospects and a production hub in Keathley Canyon, one of the most sought-after lease areas of the Lower Tertiary Trend. BP p.l.c. (NYSE:BP) in last trading activity fell -3.31% to close at $38.88. Company weekly performance is 0.15% while its quarterly performance stands at -5.97%. BP p.l.c. (NYSE:BP) is -25.34% away from its 52 week high.
The Spectranetics Corporation (NASDAQ:SPNC) announced it has completed the acquisition of Covidien’s Stellarex™ drug coated balloon angioplasty (DCB) platform. The transaction closed after the acquisition of Covidien by Medtronic. On last trading day The Spectranetics Corporation (NASDAQ:SPNC) fell -1.79% to close at $34.01. Its volatility for the week is 3.34% while volatility for the month is 3.16%. SPNC’s sales growth for past 5 years was 8.80% and its EPS growth for past 5 years was 39.20%. The Spectranetics Corporation (NASDAQ:SPNC) monthly performance is -2.10%.
The Dow Chemical Company (NYSE:DOW) is set to release its fourth-quarter 2014 results ahead of the bell on Jan 29. Last quarter, the U.S. chemical kingpin delivered a 7.46% positive surprise on strength across its performance plastics and electronic and functional materials businesses. The Dow Chemical Company (NYSE:DOW) has 0.10% insider ownership while its institutional ownership stands at 72.00%. In last trading activity company’s stock closed at $43.03.
Bank of America cut shares of Westlake Chemical Corp (NYSE:WLK) from a buy rating to a neutral rating in a research note issued to investors on Monday, TheFlyOnTheWall.com reports. The firm currently has $68.00 price target on the stock, down from their previous price target of $94.00. On last trading day Westlake Chemical Corp. (NYSE:WLK) fell -5.13% to close at $55.50. Its volatility for the week is 3.27% while volatility for the month is 3.35%. WLK’s sales growth for past 5 years was 0.40% and its EPS growth for past 5 years was 85.10%. Westlake Chemical Corp. (NYSE:WLK) monthly performance is -10.09%.