Beacon Equity Research announces the release of Trade Alerts covering leading steel stocks: United States Steel Corp. (NYSE: X), AK Steel Holding Corp. (NYSE: AKS), Arcelor Mittal (NYSE: MT), Nucor Corp. (NYSE: NUE), Commercial Metals Co. (NYSE: CMC) and Steel Dynamics Inc. (Nasdaq: STLD).
In the Trade Alert, the author highlights U.S. Steel’s CEO receiving compensation valued at $11.1 million in 2008:
“United States Steel Corp. (X) shares slipped 1.86% to $21.15 this morning. United States Steel, through its subsidiaries, engages in the production and sale of steel products primarily in North America and Europe. … The company recently disclosed in a regulatory filing its CEO, John P. Surma, received compensation valued at $11.1 million in 2008, up 25% from the previous year. However, the company said some of that amount included stock and stock options that have fallen in value. According to a proxy statement filed with the Securities and Exchange Commission, Surma received $1.2 million in base salary last year, and received a performance-related bonus of $3.3 million.”
The Trade Alert author also featured AK Steel honored with the outstanding child & family advocate award:
“AK Steel Holding Corp. (AKS) shares climbed .99% to $7.11 in today’s early trading. AK Steel, through its subsidiaries, produces flat-rolled carbon, stainless and electrical steels, and tubular products primarily in the United States and internationally. … The company recently said it has received an outstanding child and family advocate award from the Celebrating Families Committee, a group of leading nonprofit organizations in Butler County, Ohio. The award recognizes the company for its long-standing tradition of community involvement and current programs that help make a difference in the lives of children and families throughout the county.”
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Beacon Equity Research
Jeff Bishop, (469)-252-3505
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