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Shares of ArcelorMittal (NYSE:MT) are -6.5% after the steelmaker confirmed it's in talks with...

Jul. 08, 2009 12:36 PM ETArcelorMittal S.A. (MT)MTBy: Eli Hoffmann, SA News Editor
Shares of ArcelorMittal (NYSE:MT) are -6.5% after the steelmaker confirmed it's in talks with lenders to adjust its debt covenants. Though it "does not anticipate breaching" existing covenants, the company said it's "prudent given the current operating environment" to strengthen its position.

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