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IT'S STILL WINTER AT BETHLEHEM STEEL.
- Source :
- BusinessWeek; 5/26/86, Issue 2948, p114-114, 1/3p
- Publication Year :
- 1986
-
Abstract
- The article reports on the status of Bethlehem Steel Corp., which has fallen back to 15 after its stock had soared from 16 in 1985 to 22 in mid-March 1986. According to sources, it is due to the wake of a $ 92 million first-quarter loss, which is 48 percent more than its deficit in 1985. Moreover, Bethlehem and other big steelmakers are affected by the collapsing oil-drilling market, weakening auto sales, and soft capital-goods orders.
- Subjects :
- BUSINESS losses
STEEL industry
STOCK exchanges
FINANCIAL markets
Subjects
Details
- Language :
- English
- ISSN :
- 00077135
- Issue :
- 2948
- Database :
- Complementary Index
- Journal :
- BusinessWeek
- Publication Type :
- Periodical
- Accession number :
- 18662139