X Stock Recent News
X LATEST HEADLINES
A powerful national security panel was divided in its recommendation to President Donald Trump on the national security implications of Nippon Steel's bid for U.S. Steel , a White House official told Reuters on Thursday.
The United Steelworkers union urged U.S. President Donald Trump on Thursday to block Nippon Steel's bid for U.S. Steel despite a pledge by the Japanese steel giant to invest $14 billion in the iconic American company, as first reported by Reuters.
A powerful U.S. national security panel on Wednesday submitted a recommendation to President Donald Trump on Nippon Steel's fraught $14.9 billion bid for U.S. Steel , a person familiar with the matter said, without providing further detail on its contents.
Japan's Nippon Steel remains committed to acquiring a full stake in U.S. Steel , a senior executive said, adding that it is seeking a meeting with U.S. Treasury Secretary Scott Bessent to clarify President Donald Trump's stance on the deal.
Billionaire investor Daniel Loeb's hedge fund Third Point on Thursday detailed the size of its stakes in U.S. Steel and Kenvue , companies that shareholders hope will soon benefit from being bought by someone.
Investors looking for stocks in the Steel - Producers sector might want to consider either Posco (PKX) or United States Steel (X). But which of these two stocks is more attractive to value investors?
X reported a total shipment of 3,759,000 tons for the first quarter, down around 1.2% year over year.
United States Steel presents a compelling investment opportunity due to the potential buyout by Nippon Steel at $55 per share, despite current economic uncertainties. The company's recent financial performance showed a decline in revenue and profitability, but results exceeded analysts' expectations, providing some optimism. The steel industry faces challenges, but potential catalysts like the Nippon Steel buyout or Ancora Holdings' asset divestiture plan could significantly boost shareholder value.
The headline numbers for U.S. Steel (X) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
United States Steel (X) came out with a quarterly loss of $0.39 per share versus the Zacks Consensus Estimate of a loss of $0.48. This compares to earnings of $0.82 per share a year ago.