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re: US Steel doubles profits with tariff price increases--buys back stock, gives raises

Posted on 11/2/18 at 10:23 pm to
Posted by AUTiger1978
Member since Jan 2018
1223 posts
Posted on 11/2/18 at 10:23 pm to
Holy shite you are a broken record! So this is the same story as Nucor. They're taking some profit after a terrible 2015 and a bad 2016.
Posted by RockChalkTiger
A Little Bit South of Saskatoon
Member since May 2009
11123 posts
Posted on 11/2/18 at 10:25 pm to
Agree. I'm not saying quit it completely, just take advantage of the cheaper option when it's available. I but milk at Wal-Mart when it's cheaper than Publix. But don't prop up an industry artificially and make everyone else pay for it.
If you really want to get some baws from down the bayou worked up, start talking about the sugar industry. Domestic sugar would be dead without protective tariffs.
This post was edited on 11/2/18 at 10:27 pm
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53541 posts
Posted on 11/2/18 at 10:25 pm to
quote:

I can move to TX but not ND unless I want to give up my conductors seniority. ND is closed seniority but TX isn't.

You'll be fine man. You seem like a hard worker. People like you always find a way to make a decent life for themselves. Wait until you settle down to have kids is my advice.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 11/2/18 at 10:26 pm to
And they are using them to buy back stock.

Perfectly good business decisions BUT does nothing to address the issues most tariff supporters here seem to think the tariffs are accomplishing.
Posted by DelU249
Austria
Member since Dec 2010
77625 posts
Posted on 11/2/18 at 10:27 pm to
(no message)
This post was edited on 5/27/23 at 1:30 am
Posted by Geaux-2-L-O-Miss
Between Your Ears
Member since Aug 2005
3911 posts
Posted on 11/2/18 at 11:08 pm to
For once, I will agree with you on the tariff issue in this industry. US Steel companies did take advantage of the situation and should be looked at for price gouging/profiteering.
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