Trim fat from steak; cut steak into 1/2-inch cubes.
Heat oil in a large nonstick skillet over high heat.
Add steak; cook 4 minutes or until steak loses its pink color.
Drain well, and set aside. Wipe drippings from skillet with a paper towel.
Place skillet coated with cooking spray over medium-high heat until hot.
Add shallots and next 4 ingredients (shallots through garlic); saut 1 minute. Return steak to skillet. Stir in 2 cups broth; bring to a boil. Cover, reduce heat, and simmer 45 minutes. Stir in remaining broth; cover and simmer 45 minutes or until steak is tender.