Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  United States Steel Corporation    X

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

United States Steel Corporation : EU demands answers from United States on financial spying

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/12/2013 | 04:34pm CET

The European Union demanded talks with the United States on Thursday to establish whether the intelligence service of its ally had been secretly drawing information from a global financial database in Belgium.

The EU Commissioner for Home Affairs Cecilia Malmstrom said in a Twitter posting she had spoken to U.S. counterparts and expressed strong concerns about tapping of financial data by U.S. intelligence authorities.

"Following up with a letter today, requesting consultation under the TFTP agreement. We need clear, satisfactory answers," she wrote.

In the absence of such satisfactory answers, the EU could revoke an agreement that allows the United States to access information under its Terror Finance Tracking Programme (TFTP). This would be subject to approval by EU member states.

According to leaked U.S. documents aired by Globo, Brazil's biggest television network, the U.S. government has tapped into the computer networks of companies including Google Inc., Brazilian state-run oil firm Petroleo Brasileiro SA and the Society for Worldwide Interbank Financial Telecommunication (SWIFT).

The European Union shares data from the database of SWIFT, which exchanges financial messages concerning transactions across the world, but it only does so with the United States Treasury, to help intercept possible terrorism plots.

In 2010, the EU and the United States signed a formal agreement to limit how much of that data can be retrieved.

Each side can terminate the agreement if there is a severe breach but only after mutual consultation to establish whether the terms of the agreement have been broken.

Europe has been unsettled by other revelations that the U.S. National Security Agency had been spying on European citizens by trawling vast quantities of email and telephone data of both Americans and foreigners.

(Reporting By Claire Davenport; editing by Philip Blenkinsop and Ralph Boulton)

By Claire Davenport

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on UNITED STATES STEEL CORPOR
01/13 UNITED STATES STEEL : Keetac restart puts Iron Range taconite industry at full s..
01/12 UNITED STATES STEEL : U. S. Steel General Counsel and Senior Vice President Suza..
01/11 UNITED STATES STEEL : U. S. Steel General Counsel And Senior Vice President Suza..
01/06 UNITED STATES STEEL : Announces Third-Party Iron Ore Pellet Sales Agreements
01/04 UNITED STATES STEEL : U. S. Steel Conference Call Available On Company Website
2016 UNITED STATES STEEL : Statement from Governor Dayton on Keetac Operations
2016 UNITED STATES STEEL : Announces Third-Party Iron Ore Pellet Sales Agreements
2016 INVESTORS : Citigroup, Cisco Systems, Freeport-McMoRan, US Steel and Wells Fargo..
2016 INVESTORS : Get options trade ideas on Hewlett-Packard, Jabil Circuit, Metlife I..
2016 UNITED STATES STEEL : Slovak government mulls stake purchase in US Steel
More news
Sector news : Steel - NEC
01/19 TATA STEEL : UK financier makes new offer to take over Tata Steel pension scheme
01/19DJBHP Billiton, Vale, JV Reach Preliminary Agreement With Brazil Prosecutors Re..
01/17DJFortescue Metals Names Elizabeth Gaines as CFO
01/13 TATA STEEL : in talks to cut its UK pension scheme benefits - Trustees
01/09 B COM PORTUGUES : Millennium approves capital hike of up to 1.33 billion euros
More sector news : Steel - NEC
News from SeekingAlpha
01/20 Morgan Stanley's 12 Conviction Ideas ahead of earnings
01/20 Tenaris Has A Lot Of Appealing Qualities, But Undervaluation Isn't One Of The..
01/19 AK Steel, U.S. Steel slump as Citi downgrades
01/18 ENERGY/MATERIALS - TOP 5 GAINERS / L : 00 pm
01/18 Steel stocks rally as Commerce nominee Ross signals China tariffs
Advertisement
Financials ($)
Sales 2016 10 285 M
EBIT 2016 1,46 M
Net income 2016 -334 M
Debt 2016 1 672 M
Yield 2016 0,60%
P/E ratio 2016 -
P/E ratio 2017 21,06
EV / Sales 2016 0,72x
EV / Sales 2017 0,62x
Capitalization 5 757 M
More Financials
Chart UNITED STATES STEEL CORPOR
Duration : Period :
United States Steel Corpor Technical Analysis Chart | X | US9129091081 | 4-Traders
Full-screen chart
Technical analysis trends UNITED STATES STE...
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 18
Average target price 33,5 $
Spread / Average Target 0,26%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Mario Longhi Filho President, Chief Executive Officer & Director
David S. Sutherland Chairman
David B. Burritt Chief Financial Officer & Executive Vice President
Charles G. Balawajder Chief Information Officer & Vice President
John G. Drosdick Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
UNITED STATES STEEL CO..1.12%5 757
VALE SA28.88%51 373
ARCELORMITTAL9.11%25 024
NIPPON STEEL & SUMITOM..3.96%22 497
POSCO--.--%20 279
NUCOR CORPORATION2.47%19 424
More Results