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U.S. Steel Cut on Volatility, Global Price Drops Says Goldman

Date: 10/09/2008
Length: 00:02:49

Oct. 9 (Bloomberg) -- U.S. Steel Corp. and Steel Dynamics Inc. were cut to ``neutral'' from ``buy'' at Goldman Sachs Group Inc. , citing the slowdown in emerging markets and stalling U.S. and European economic growth. Included are analysts' calls for Oracle Corp., Honeywell International Inc., Reliant Energy Inc., International Business Machines Corp., Ruby Tuesday Inc., Orbitz Worldwide Inc., Dynegy Inc., Harris Corp., Susquehanna Bancshares Inc. and Pactiv Corp.

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