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Shares of U.S. steel stocks U.S. Steel (NYSE: X), Cleveland Cliffs (NYSE: CLF), and Steel Dynamics (NASDAQ: STLD) were rallying on Wednesday, up 8.2%, 20.1%, and 13.8%, respectively, on the day ...
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A dramatic improvement in the prospects for United States Steel (NYSE: X) being sold to a foreign buyer led to a rally in the stock on the last trading day of the year. The news item that got the ...
In an earnings call on the day the deal was announced, U.S. Steel CEO David Burritt indicated to shareholders that the company anticipated the deal would be completed by the spring or summer of 2024. On January 11, 2024, Bloomberg News reported that unnamed insiders expect the dealmaking process to extend into late 2024 or 2025 as a result of ...
Today, we reported fourth quarter 2024 results, including $36.3 billion in premium and service revenue and adjusted diluted earnings per share of $0.80 in the quarter.
US Steel also received a bid from privately-held Esmark worth $7.8 billion with European giant ArcelorMittal is also reportedly interested in the company, a deal which would mark a re-entry to the ...
Good afternoon, and welcome to SiTime's fourth quarter 2024 financial results conference call. Joining us on today's call from SiTime are Rajesh Vashist, chief executive officer; and Beth Howe ...
The steelmaker's CEO David Burritt told WSJ the nearly $3 billion Nippon had pledged to invest in U.S. Steel's older mills was crucial to remain competitive and maintain workers' jobs. "We wouldn ...