On Tuesday, Shares of United States Steel Corporation (NYSE:X), added 1.12% and closed at $17.17 in the last trading session. United States Steel Corporation stock opened its last trade at $17.43 and after floating in a range of $16.76 to $17.47. The company’s Market capitalization is $2.94 Billion with the total Outstanding Shares of 165.61 million. During the 52-week trading session the minimum price at which share price traded, registered at $6.15 and reached to max level of $27.64. The Earnings per Share of the company stands at $-11.56. United States Steel Corporation (NYSE:X) declared recently that interested stockholders, shareholders and others may listen to the company’s third quarter 2016 conference call with securities analysts on Wednesday, Nov. 2, 2016, at 8:30 a.m. EDT. The call, which will be available via the U. S. Steel website, will cover third quarter 2016 financial results and may include forward-looking information. The company plans to release its third quarter 2016 financial results following the close of trading on the New York Stock Exchange on Tuesday, Nov. 1.
- S. Steel officials participating in the call will be Mario Longhi, President and CEO; David B. Burritt, Executive Vice President and CFO; and Dan Lesnak, General Manager-Shareholder Relations.
The company’s slide presentation and prepared remarks will be posted to the U. S. Steel website following the close of trading on the New York Stock Exchange on Tuesday, Nov. 1. The slides and remarks will not be repeated on the conference call with securities analysts. The conference call will begin with introductory comments from Mario Longhi, and proceed directly to a question and answer session with the securities analysts.
Shares of Barclays PLC (ADR)(NYSE:BCS), gained 4.01% and closed at $8.56 in the last trading session. BCS stock opened its last trade at $8.51 and after floating in a range of $8.47 to $8.58. The company’s Market capitalization is $36.19 Billion with the total Outstanding Shares of 16.91 million. During the 52-week trading session the minimum price at which share price traded, registered at $6.76 and reached to max level of $15.81. The Earnings per Share of the company stands at $-0.28. Barclays Bank PLC (“Barclays”) declared recently that the iPath® MSCI India IndexSM Exchange-Traded Notes (the “ETNs”) have been determined to be subject to certain regulations and recent circulars issued by the Securities and Exchange Board of India (“SEBI”) regardingoffshore derivative instruments linked to Indian equity securities. These regulations and circulars include requirements that cannot be complied with in the context of the ETNs. As a result, SEBI has advised Barclays not to issue additional ETNs and that the positions being held in the ETNs may only continue until December 31, 2020.
Barclays formerly restricted further sales from inventory and further issuances of the ETNs in 2009. Barclays is presently considering steps to comply with the SEBI decision by December 31, 2020 and will make a further declarement in due course. These steps may result in the ETNs ceasing to be listed and publicly traded.
This declarement may cause fluctuations in the price of the ETNs in the secondary market, and it is possible that the market price of the ETNs may at any time reflect a premium or a discount to the daily redemption value of the ETNs. Shareholders should exercise extreme caution before purchasing or selling ETNs at a time when market prices are volatile or when a premium or discount to the daily redemption value exists.