USX Corp.: The Pittsburgh-based steel and energy...
USX Corp.: The Pittsburgh-based steel and energy company reported second-quarter net income of $250 million, up 17% over a year ago. Sales totaled $5 billion, up 16%. The results were attributed to strong demand for refined petroleum products, higher average crude oil prices, asset sales, steady demand for most steel products as well as a $1-billion reduction in financial obligations since year-end 1988.
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