Applied Materials, Inc (NASDAQ:AMAT) stock is at $14.72, United States Steel Corporation (NYSE:X)

Posted by Ryan Mandell May 30, 2013 0 Comment 1775 views


Applied Materials, Inc (NASDAQ:AMAT): Wednesday’s trading session saw Applied Materials, Inc (NASDAQ:AMAT) shares dipping by 0.47%. The opening price of $14.78, moved on to touch an intraday high of $14.94 before sliding down to close at $14.72 per share. Around 12.55 million shares were traded in the session on Wednesday. This number was more than the average volume of 13.23 million which was calculated over a 30-day period

Applied Materials, Inc (NASDAQ:AMAT) provides services, software and manufacturing equipment to the flat panel display, global semiconductor, solar photovoltaic and their related industries. The company’s customers include various manufacturers of semiconductor chips and wafers, solar PV modules and cells, flat panel liquid crystal displays as well as other electronic devices. The customers may end up using these products in their own end products. Alternatively, they may sell the product to companies who will use them in various advanced electronic components. Applied Materials, Inc (NASDAQ:AMAT) operates in these segments: Applied Global Services, Display, Silicon Systems Group, and Energy and Environmental Solutions. In 2011 November 2011, AMAT acquired Varian Semiconductor Associates, Inc.

United States Steel Corporation (NYSE:X): Wednesday’s trading session saw United States Steel Corporation (NYSE:X) shares dipping by 2.27%. The opening price of $18.30, moved on to touch an intraday high of $18.46 before sliding down to close at $17.88 per share. Around 8.30 million shares were traded in the session on Wednesday. This number was less than the average volume of 8.52 million which was calculated over a 30-day period.

United States Steel Corporation is a producer and seller of steel mill products. IT manufactures products such as tubular and flat-rolled products, in North America as well as in Europe. The company’s North America operations also include coke and iron ore production facilities, transportation services and real estate operations. United States Steel Corporation (NYSE:X) has operates in three segments: Flat-rolled Products, U. S. Steel Europe and Tubular Products. This integrated producer uses coke and iron ore as primary raw materials for producing steel. The annual, raw steel production capacity of X stands at 31.7 million net tons. Of this amount, 24.3 million tons is in North America while 7.4 million tons is in Europe.


About Ryan Mandell

Ryan Mandell is our senior staff writer covering the White House for Political Report, Ryan also coordinates with the main newsroom news items and contributing write-ups on cultural, social and political activities. Ryan holds an undergraduate degree in journalism, a Doctorate in international relations and a Master Degree in mass communications with an emphasis in print journalism. Ryan also covered the International Society of Social Defense congress in Spain in 2007 and taken part in the Global Forum on economic policies

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