Buy Cleveland-Cliffs Stock, Not U.S. Steel, J.P. Morgan Says. Here's Why.
J.P. Morgan reinstated ratings on U.S. Steel and Cleveland-Cliffs stock. Cliffs is a Buy. U.S. Steel is a Hold, according to the firm.
Source: marketwatch.com
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Cleveland-Cliffs Director Bought Up Shares
Ron A. Bloom scooped up $506,100 of shares of Cleveland-Cliffs less than a month after joining the steel maker’s board.
Source: marketwatch.com
Cleveland-Cliffs Stock Gains After Earnings. It's All About Share Buybacks.
Cleveland-Cliffs posted in-line earnings and solid guidance. The stock is up, thanks to the steel maker’s growing focus on ”aggressive share buybacks.”
United States Lourenco Goncalves Andrey Rudakov Bloomberg Celso Goncalves Wall Street Nasdaq Composite
Source: marketwatch.com
It Isn't Just U.S. Steel. Japanese Companies Could Target These Sectors for M&A.
Nippon Steel’s acquisition of U.S. Steel is raising the prospect of a wave of similar activity from Japan’s cash-rich companies. Sumitomo Corporation might...
Switzerland General United States Masayuki Hyodo World Economic Forum Sumitomo Corporation Getty Images
Source: marketwatch.com
Biden Administration to Probe U.S. Steel Deal Caught in 2024 Crosswinds
Review of sale to Nippon Steel carries high stakes for policy and politics
United States Justin Merriman Bloomberg Treasury Department Committee On Foreign Investment United States Steel Nippon Steel
Source: wsj.com
U.S. Steel Is Back in the Spotlight After Nippon Steel's Purchase Offer
The former corporate colossus is now dwarfed by steelmakers in China and India.
Source: marketwatch.com
Biden believes U.S. Steel sale to Nippon Steel warrants 'serious scrutiny'
President Joe Biden believes “serious scrutiny” is warranted for the planned acquisition of U.S. Steel by Japan's Nippon Steel, the White House said Thursday...
Source: marketwatch.com
Here's how 10 of Wall Street's predictions for 2023 panned out
Also: Tax strategies, stock picks, paying for college, wading through family money conflicts and last-minute gift shopping.
Doug Kass Steve Goldstein Seabreeze Partners Management Article Normal Agriculture Forestry Computers Electronics
Source: marketwatch.com
U.S. Steel Stock Has Soared. These Stocks Are The Better Bet Now.
United States Steel has agreed to be purchased by Nippon Steel. Cleveland-Cliffs stock might be the better bet for 2024.
Source: marketwatch.com
U.S. Steel Stock Soars on $14.9 Billion Acquisition by Nippon Steel
Japan's largest steelmaker will buy the American company for $55 a share in cash, a 40% premium to the stock's closing price Friday.
Source: marketwatch.com