U.S. Steel’s fourth-quarter number and guidance aren’t all that impressive. It doesn’t matter. U.S. Steel has become a hot property in its industry.

In a report released yesterday, Carlos De Alba from Morgan Stanley maintained a Buy rating on United States Steel (X – Research Report), with a

Analyst Lawson Winder from Bank of America Securities maintained a Hold rating on United States Steel (X – Research Report) and keeping the

United States Steel Corporation X is set to release fourth-quarter 2024 results after the closing bell on Jan. 30. See the Zacks Earnings Calendar to stay ahead of market-making news. U.S. Steel surpassed the Zacks Consensus Estimate in three of the trailing four quarters while missing once.

The long United States Steel saga has suddenly become a matter of urgency. Boss David Burritt is fighting to salvage a $15 billion sale to Nippon Steel . Rival bidder Cleveland-Cliffs wants another shot at a takeover.

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..

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.

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

Pentwater, the third-largest investor in U.S. Steel, said it opposes moves by activist investor Ancora Holdings Group to shake up the board of the American steelmaker.

United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that its Board of Directors declared a dividend of $0.05 per share of U. S. Steel Common Stock. The dividend is payable on Wednesday,

Kestenbaum, currently the CEO of private equity firm Bedrock Industries Group, is known as a turnaround artist. At one time known for an attempted bid for the National Football League’s Carolina Panthers, the Brooklyn-born native is highly regarded in the steel industry.

U.S. Steel and Nippon Steel filed a separate lawsuit in the U.S. Court of Appeals in Washington, D.C., against the Biden administration to overturn the order and force a new review that could potentially lead to the deal. The Pittsburgh suit against Cliffs and McCall doesn't have any bearing on that decision.