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IT'S STILL WINTER AT BETHLEHEM STEEL.

Authors :
Miles, Gregory L.
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.

Details

Language :
English
ISSN :
00077135
Issue :
2948
Database :
Complementary Index
Journal :
BusinessWeek
Publication Type :
Periodical
Accession number :
18662139