U.S. Steel Stock Lower on Blocked Nippon Deal; Bears Respond
President Joe Biden blocked Japan-based Nippon Steel's $14.9 billion buyout of United States Steel Corp (NYSE:X).
Biden Blocks $15 Billion Sale Of U.S. Steel To Japanese Company Nippon—Shares Tumble
President Joe Biden has officially killed the contentious sale of U.S. Steel to its Japanese rival Nippon Steel, striking down a $14.9 billion deal announced in 2023 and propelling shares of the Am...
U.S. Steel (X) Surges 9.5%: Is This an Indication of Further Gains?
U.S. Steel (X) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
If US Steel deal is blocked, our economy would be harmed, expert says
The Heritage Foundation research fellow Joel Griffith discusses reviving the steel industry on 'The Bottom Line.'
Biden to Decide on US Steel Takeover After Panel Deadlocks
Nippon Steel's proposed $12.3 billion acquisition of US Steel moved a step closer to being blocked after a US national security panel deadlocked on its review and left the final decision with Presi...
United States Steel Corporation Provides Fourth Quarter 2024 Guidance
PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) today provided fourth quarter 2024 adjusted net earnings per diluted share guidance of ($0.29) to ($0.25). Fourth quarter 2024...
US Steel shares plummet on reports Biden set to block Nippon deal
President Joe Biden plans to formally prevent Nippon Steel Corp.'s $14.1 billion acquisition of United States Steel Corporation (NYSE:X), citing national security concerns, according to a report by...
Japanese takeover could spell long-term decline of U.S. Steel, union chief says
The head of a powerful labour union opposing U.S. Steel's sale to Japan's Nippon Steel said he has not received assurances that the would-be owners are committed to ensuring the lasting success of ...
U. S. Steel Reacts to Important Department of Commerce Preliminary Results
PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel”) today reacted to the U.S. Department of Commerce's preliminary findings regarding oil country tubular goods (O...
Trump says tax incentives and tariffs will make US Steel stronger
U.S. President-elect Donald Trump said on Monday a series of tax incentives and tariffs will make U.S. Steel strong again, as he reiterated his opposition to Nippon Steel's planned purchase of the ...
Buy, Sell Or Hold X Stock?
United States Steel stock dropped nearly 6% during Wednesday's trading, accelerating the losing streak from the past week. Nippon Steel Corporation, Japan's largest steelmaker, set out to acquire U...
Why U.S. Steel Stocks Were Soaring Today
A Trump victory could mean higher tariffs on foreign steel, with a key merger in limbo.
U.S. Steel's Earnings and Revenues Surpass Estimates in Q3
X beat expectations in Q3 amid headwinds from lower overall shipments and prices.
U.S. Steel (X) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for U.S. Steel (X) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics co...
Trump Would Block the U.S. Steel Sale, but There's a Chance It Will Happen
Former President Trump still opposes Nippon Steel's potential buy of United States Steel, but he says he might not be able to block it.
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