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U.S. Steel posts muted quarterly results amid Nippon deal snag
U.S. Steel reported fourth-quarter loss and revenue that matched Wall Street estimates on Thursday, dented by price declines and a bumpy demand environment.
Activist Investor Seeks to Oust U.S. Steel Chief Over Nippon Deal
The two steel makers are seeking to revive Nippon Steel’s $14 billion takeover of U.S. Steel after it was blocked by the Biden administration.
Activist investor Ancora calls for new leadership at U.S. Steel
Activist investor Ancora called for a shakeup in U.S. Steel leadership on Monday and adding new members to the board of directors after the company's failed sale to Nippon Steel.
Investor seeks to quash US Steel-Nippon deal after taking stake in US steelmaker
An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company
Shareholder to push U.S. Steel to drop merger with Nippon Steel, oust CEO
Activist U.S. Steel investor Ancora Holdings is pushing U.S. Steel to drop its merger agreement with Nippon Steel.
Ancora moves to block U.S. Steel sale to Nippon, oust CEO
Ancora is seeking an independent slate of directors at U.S. Steel and new CEO that are committed to walking away from the Nippon deal. In an open letter on Monday, the firm said i
2d
US Steel now all about striking while iron is hot
The long United States Steel saga has suddenly become a matter of urgency. Boss David Burritt is fighting to salvage a $15 ...
2d
on MSN
New player arrives in US Steel-Nippon takeover saga with the goal of quashing it
An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker ...
2d
on MSN
Nucor might pursue parts of US Steel if merger deal collapses, CEO Topalian says
Nucor (NYSE:NUE) +2.5% in Tuesday's trading after reporting Q4 earnings and revenues that fell from a year ago but easily ...
RealClearMarkets
17h
A Case For and Against Nippon's U.S. Steel Acquisition
President Biden’s decision to block the purchase of U.S. Steel by Japan’s Nippon Steel constitutes a legally questionable use ...
1h
U.S. Steel reports Q4 adjusted EPS (13c), consensus (26c)
Reports Q4 revenue $3.51B, consensus $3.24B. Commenting on the Company’s fourth quarter performance, U. S. Steel President and Chief Executive ...
Crain's Cleveland Business
2d
Activist Ancora's pick for U.S. Steel CEO eyes major stake if given job
Kestenbaum, currently the CEO of private equity firm Bedrock Industries Group, is known as a turnaround artist. At one time ...
3d
on MSN
Activist Ancora Pushes U.S. Steel to Drop Merger With Nippon Steel, Oust CEO
Activist investor Ancora Holdings is waging a proxy battle at U.S. Steel and wants the company to turn the page from its ...
1h
United States Steel Corp. Q4 Earnings Summary
Below are the earnings highlights for United States Steel Corp. (X): Earnings: -$89 million in Q4 vs. -$80 million in the same ...
Transport Topics
2d
US Steel Investor Pentwater Opposes Ancora’s Proxy Proposal
Pentwater, the third-largest investor in U.S. Steel, said it opposes moves by activist investor Ancora Holdings Group to ...
32m
on MSN
U.S. Steel misses Q4 expectations, declares dividend
PITTSBURGH - United States Steel Corporation (NYSE:X) announced a quarterly dividend of $0.05 per share on Wednesday, while ...
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