(Reuters) - Shares in U.S. steelmakers fell on Wednesday and analysts said it was likely related to a major iron-ore producer warning that commodity markets could cool further amid the Euro zone crisis and uncertainty over the global economy.
It's that time again — earnings season kicks off this week and it may be a bumpy ride. Corporate profits are expected to show the slowest growth in three years.
Monday, 19 Mar 2012 | Posted By:
| Source: CNBC.com
Stocks eased off their best levels in the final minutes of trading Monday but still managed to eke out a small gain, following a sharp rally from the previous week.
Corporations hold large amounts of cash for a variety of reasons, including speculation on the price of assets, corporate acquisitions, future investments or even as a precaution against market uncertainty.