U.S. Steel posts muted quarterly results amid Nippon deal snag
The industry has been struggling, as distributors have refrained from purchasing material in excess of their inventory amid a supply glut fueled by domestic production and imports. U.S. Steel is attempting to salvage an about $15 billion sale to Nippon Steel and navigate rivals Cleveland-Cliffs and Nucor vying for a shot at a takeover.
Ancora nominates nine candidates to US Steel board, pushes to end Nippon deal
Activist investor Ancora has nominated nine candidates to U.S. Steel's board of directors, as it looks to oust company CEO David Burritt and push the American steelmaker to back out of a $14.9 billion merger deal with Japan's Nippon Steel.
We recently published a list of 9 Stocks Jim Cramer Talked About. In this article, we are going to take a look at where ...
U.S. Steel shares jumped Monday on a report that Cleveland-Cliffs is teaming up with rival Nucor for a potential bid for the ...
Led by Jim Chadwick, Ancora has focused on campaigns at industrial and transportation companies. In recent years, it has ...
An all-American bid for U.S. Steel is shaping up to push Nippon out. But the problem is the new bid is much weaker, and it ...
In a report released yesterday, Carlos De Alba from Morgan Stanley maintained a Buy rating on Nucor (NUE – Research Report), with a price ...
Some steelmakers in Canada and Mexico are telling customers that they are refusing new orders to the U.S. on concerns that President Donald Trump soon will reimpose duties. Canada’s Stelco — which is ...
Activist investor Ancora Holdings is opposing U.S. Steel's merger with Nippon Steel and is pushing for leadership changes. Ancora has nominated candidates for U.S. Steel's board and aims to replace ...
In a Tuesday interview with CNBC's Jim Cramer, Nucor CEO Leon Topalian expressed optimism about what Trump's tariff policies mean for the U.S. steel industry.
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