X News and Press, United States Steel Corporation From 03/21/24

2024-03-21 11:10:33 ET Summary United States Steel Corporation shares have declined 22.6% from their 52-week high amid scrutiny over its acquisition by Nippon Steel. Antitrust concerns and a national security review pose challenges to the completion of the deal. Despite potent...

2024-03-21 05:15:00 ET There's an investment tactic on Wall Street called merger arbitrage. It isn't meant to produce eye-catching home runs, instead focusing on getting a lot of reliable singles. On the surface, merger arbitrage seems like it would be easy, but iRobot (NASDAQ: IRBT) ...

United States Steel Corporation (NYSE: X) (“U. S. Steel”) named its Volunteer of the Year along with 12 Service Champions for their community service in 2023 as part of the company’s United by Service initiative. To honor the winners, U. S. Steel is donating to the charitable...

2024-03-20 10:52:00 ET Summary An agreed $14 billion US Steel acquisition by Japan’s Nippon Steel slammed into political opposition, with Joe Biden declaring it vital the centenarian company remains domestically owned and operated. US Steel became vulnerable to a takeover l...

2024-03-18 08:54:36 ET US Steel ( NYSE: X ) -1.2% pre-market Monday after forecasting Q1 adjusted earnings below analyst consensus, saying it remains focused on running its business as it moves towards closing its transaction with Nippon Steel. US Steel ( X ) said ...

United States Steel Corporation (NYSE: X) today provided first quarter 2024 adjusted net earnings per diluted share guidance of $0.80 to $0.84. First quarter 2024 adjusted EBITDA is expected to be approximately $425 million. Commenting on first quarter guidance President and Chief Executive O...

2024-03-17 21:41:08 ET Summary United States Steel Corporation is a cyclical steel stock that has returned 14% since November, fueled by last year's takeover offer. However, the acquisition deal between X and Nippon Steel is unlikely to be approved, with Biden getting involved in ...

2024-03-17 09:07:41 ET More on Alcoa, US Steel, etc. US Steel Merger Faces Bipartisan Political Backlash Alcoa Stock May Be Dead Money This Year Alcoa Corporation (AA) BMO 33rd Global Metals, Mining & Critical Minerals Conference (Transcript) Nippon Steel...

2024-03-15 10:13:21 ET More on Nippon Steel, US Steel, etc. US Steel Merger Faces Bipartisan Political Backlash U.S. Steel May Have To Face The Music Nippon-U.S. Steel Deal Will Be Great For Investors Nippon Steel defends deal for US Steel after Biden critici...

2024-03-14 22:06:54 ET More on US Steel US Steel Merger Faces Bipartisan Political Backlash US Steel May Have To Face The Music Nippon-US Steel Deal Will Be Great For Investors Read the full article on Seeking Alpha For further details see: Nippon...