ArcelorMittal Suffers Losses
Posted on February 08, 2011 at 15:40 PM EST
Steel giant ArcelorMittal (NYSE:MT) reported diluted net loss of 51 cents per share in the fourth quarter of 2010, much below the Zacks Consensus Estimate of 19 cents as well as last year’s 89 cents. The reported loss was attributable to impairments and some were also related to Aperam. However, in fiscal 2010, ArcelorMittal earned [...]