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Latest X News From Around the Web
Below are the latest news stories about UNITED STATES STEEL CORP that investors may wish to consider to help them evaluate X as an investment opportunity.
Here’s Why United States Steel Corp. (X) Led This Week’s RallyWe recently published an article titled These 10 Firms Led This Week’s Rally. In this article, we are going to take a look at where United States Steel Corp. (NYSE:X) stands against the other stocks. Ten companies finished stronger this week, outpacing the broader market thanks to a series of catalysts that lifted investor sentiment. On […] |
US Extends Deadline for Nippon Steel to End US Steel Bid to June(Bloomberg) -- The Committee on Foreign Investment in the United States approved an extension of the deadline for Nippon Steel Corp. to abandon its $14.1 billion takeover of United States Steel Corp., according to a statement by US Steel. Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC Condo Owners May Bear Costs of Landmark Green Building LawNew York, San Francisco Ranked Worst for US Tr |
Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal, companies sayWASHINGTON (Reuters) -The Biden administration delayed until June an order for Nippon Steel to abandon its $14.9 billion bid for U.S. Steel, the companies said on Saturday, giving them some time to revive the politically contentious deal. President Joe Biden blocked the acquisition on national security grounds on Jan. 3, and Treasury Secretary Janet Yellen said this week the proposed deal had received a "thorough analysis" by the interagency review body, the Committee on Foreign Investment in the United States. The delay will give the courts time to review a legal challenge the steelmakers brought against Biden's order. |
Cleveland-Cliffs (CLF) Faces Turmoil, Cramer Discusses CEO’s Silence on US Steel AcquisitionWe recently published a list of Jim Cramer Discussed These 29 Stocks Ahead Of Major AI Event. In this article, we are going to take a look at where Cleveland-Cliffs Inc. (NYSE:CLF) stands against other stocks ahead of major AI event that Jim Cramer discussed. In his appearance on Squawk on the Street the day […] |
U.S. Companies and Investors in Japan Are at Risk From U.S. Steel BacklashThe Biden administration’s blocking of Nippon Steel’s acquisition of U.S. Steel isn’t only misguided. It has also rattled Tokyo and risks straining relations with one of America’s closest allies in Asia. While conditions are superficially reminiscent of the trade frictions of four decades ago, Japan and the U.S. are now deeply enmeshed in each other’s economies, with new investment links flourishing even in the past few years. |
National Security or Protectionism? Biden Blocks U.S. Steel SaleThe blocked sale of U.S. Steel to Nippon Steel Corporation by President Biden sends shockwaves through the steel industry, raising concerns about national security, job losses, and rising steel prices. |
Yellen says CFIUS made thorough analysis of blocked US Steel-Nippon Steel mergerWASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Wednesday that Nippon Steel's planned acquisition of U.S. Steel received a "thorough analysis" by an interagency review body that was sent to President Joe Biden, who blocked the deal on national security grounds. Yellen, in a live interview on CNBC, said she could not discuss specifics of the merger review by Committee on Foreign Investment in the United States (CFIUS) that is now the subject of a lawsuit alleging that Biden unlawfully rejected the deal. |
U. S. Steel Recognized With Human Rights Campaign's Equality 100 AwardPITTSBURGH, January 08, 2025--U. S. Steel (NYSE: X) announced today that for a fifth consecutive year it has scored a perfect 100 on the Human Rights Campaign Foundation’s (HRCF) 2025 Corporate Equality Index (CEI), the leading corporate benchmarking tool for rating LGBTQ+ equality, and has been honored with HRCF’s Equality 100 Award as a Leader in LGBTQ+ Workplace Inclusion. This recognition reinforces U. S. Steel’s reputation as an organization dedicated to implementing and safeguarding polici |
Kevin O'Leary Says Biden Blocking The Sale Of U.S. Steel A 'Mistake,' Claims The Government Is 'Picking Winners And Losers'Kevin O’Leary, the outspoken investor and business owner, has some strong words for President Joe Biden. O’Leary called Biden’s decision to block the almost $15 billion sale of U.S. Steel (NYSE:X) to Japan’s Nippon Steel (OTC:NPSCY) a “mistake” and accused the government of “picking winners and losers, one specific company over another.” The proposed deal, which had been in the works for over a year, involved Nippon Steel making significant investments in U.S. Steel to modernize its operations a |
Analyst Sees US Steel Price Rebound Under Trump's Pro-Tariff Stance, Upgrades Cleveland-Cliffs StockGLJ Research analyst Gordon L. Johnson II upgraded Cleveland-Cliffs Inc. (NYSE:CLF) to Buy from Sell rating with a price forecast of $14.27. The analyst notes the U.S. economy is in worse shape than many acknowledge. With Donald Trump set to take office on January 20, 2025, and his pro-tariff policies likely impacting sectors like steel, the analyst foresee a potential rise in U.S. HRC prices in the near term. In particular, the analyst says that following Trump’s win (November 2016), and Joe Bi |