On Tuesday, Shares of ArcelorMittal SA (ADR) (NYSE:MT), subtract -2.34% and closed at $6.27 in the last trading session. The last trading range of the stock ranges between $6.20 and $6.50. The company’s Market capitalization is $19.92 Billion with the total Outstanding Shares of 2.14 Billion. During the 52-week trading session the minimum price at which share price traded, registered at $2.93 and reached to max level of $6.71. ArcelorMittal, together with its auxiliaries, operates as an integrated steel and mining company worldwide. The company operates through five segments: NAFTA; Brazil; Europe; Africa & Commonwealth of Independent States; and Mining. It produces finished and semi-finished steel products. The companys products include flat products, such as slabs, plates, hot-and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, and tinplate and color coated coils and sheets; and seamless and welded pipes and tubes. It also offers long products, counting blooms and billets, bars, wire-rods, structural sections, rails, sheet piles, and wire-products. The company provides its steel products to the automotive, appliance, engineering, construction, energy, and machinery industries. It sells its products in local markets and through a centralized marketing organization in about 160 countries. In addition, the company produces mining products, counting iron ore lumps, fines, concentrates, and sinter feeds, in addition to coking, pulverized coal injection, and thermal coal. It has iron ore mining activities in Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, Ukraine, and the United States; and coal mining activities in Kazakhstan and the United States.
Wal-Mart Stores, Inc. (NYSE:WMT), dropped -0.87% and closed at $67.39 in the last trading session. The last trading range of the stock ranges between $67.30 and $67.96. The company’s Market capitalization is $206.27 Billion with the total Outstanding Shares of 3.09 Billion. During the 52-week trading session the minimum price at which share price traded, registered at $56.30 and reached to max level of $75.19. Walmart and the Walmart Foundation have made a commitment to provide support through cash and product donations of $2 million to organizations assisting with relief efforts for those affected by Hurricane Matthew. As a part of this commitment, the Walmart Foundation is allocating $500 thousand specifically toward CARE and Team Rubicon Global for relief efforts in Haiti. In the United States, Walmart and the Walmart Foundation have been working closely with the American Red Cross, Salvation Army, Team Rubicon and Feeding America. Coordination efforts are being made with elected officials and governmental entities to meet the needs of those affected.
With widespread wind damage and flooding, Walmart and the Walmart Foundation have coordinated efforts as part of the $2 million donation to send bottles of water, food and sheltering supplies to affected areas.
“Our thoughts are with those affected by this disaster,” said Kathleen McLaughlin, President of the Walmart Foundation. “Both Walmart and the Walmart Foundation are working closely with non-profit partners, first responders, elected officials and governmental organizations to see how each can use its strengths to assist.”