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 Cleveland-Cliffs Inc.
Shares of U.S. Steel Corp. (X) held steady with gains of nearly 0.5% in morning trade on Thursday as investors keep their eyes peeled ahead of the company’s fourth-quarter results scheduled for after-market hours.
President Biden’s decision to block the purchase of U.S. Steel by Japan’s Nippon Steel constitutes a legally questionable use of executive power that degrades our alliance with Japan, weak
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. Ancora said
Ancora Holdings Group, with $10 billion in assets, reported acquiring a 0.18% stake in the Pittsburgh company. It said Monday that U.S. Steel CEO David Burritt and the company’s board have
Activist investor Ancora Holdings has acquired a stake in US Steel and urged the steelmaker to drop its merger with Japan's Nippon Steel.
Ancora Holdings has acquired a stake in U.S. Steel, urging the company to abandon its merger with Nippon Steel. Ancora also seeks to replace U.S. Steel's CEO with its own board nominees. Former President Biden and Donald Trump oppose the Nippon deal,
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 owned by Cleveland-Cliffs — has been telling U.
United States Steel stock has dropped almost 25% in the last one year, compared to the S&P500 index which has gained 24% during the same time..
President Joe Biden on Jan. 3, 2025, issued a blocking order (the Order) addressing the proposed acquisition of United States Steel Corporation
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