ArcelorMittal (MT) Provides Statement on Adoption of New Italian Decree Law
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Ukrainian tax authority refutes comments by official on ArcelorMittal probe
September 4, 2019 6:50 AM EDTKIEV (Reuters) - Ukraine's state tax service on Wednesday said no decisions had been made about a probe into ArcelorMittal (NYSE: MT) taxes, dismissing comments by one of its own officials who had said the steelmaker owed the state 9 billion hryvnias ($355 million).
Evgen Bambizov, who is listed on the department's website as head of the large taxpayers' office, had spoken to media about an investigation into ArcelorMittal. He was quoted as saying the company had paid too little tax.
But the state tax service said... More
Credit Suisse Starts Arcelor Mittal (MT) at Outperform
September 3, 2019 2:53 AM EDTCredit Suisse analyst Carsten Riek initiates coverage on Arcelor Mittal (NYSE: MT) with a Outperform rating and a price target of $29.00.
Expect steel market to turnaround in coming six months.Expects MT to re-emerge as a major cash generator following two... More