Getting your player ready...
First-quarter earnings slipped 14 percent as higher sales failed to offset pretax charges and declines in its European and tubular businesses, the company said Tuesday.
The Pittsburgh-based steel producer posted earnings of $235 million, or $1.98 a share, for the quarter that ended March 31, compared with $273 million, or $2.30 a share, during the same period last year.
Revenue jumped 38 percent to a record-setting $5.2 billion from $3.76 billion in the first quarter of 2007.
