Nippon Steel's Mori to meet steelworkers in Pittsburgh next week [Fortune]
United States Steel Corporation (X)
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Source: Fortune
major local unions that run United States Steel Corp.'s iconic plants in the Pittsburgh area. The move indicates that the Japanese company is making a push to persuade rank-and-file union members that its $14.1 billion bid to take over U.S. Steel will be good for the workers' long-term prospects. During his campaign, President-elect Donald Trump said he'd block the deal, which remains before regulators. United Steelworkers Local 2227 vice president Jason Zugai said in an interview that he received a personal email from Mori and agreed to sit down with the executive next week at a yet-to-be-determined time and will bring along multiple union members from the Edgar Thomson Plant, Clairton Plant and Irvin Plant. Zugai said he is hoping United Steelworkers international president David McCall, who has been steadfast in his opposition since the deal was announced in December, will also sit down with Mori and reconsider his stance. The news comes as both companies await a decision abo
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News
- Nippon Steel's Mori to Meet Steelworkers in Pittsburgh Next Week [Yahoo! Finance]Yahoo! Finance
- Jim Cramer Says United States Steel Corporation (X) ‘Should Do Well' [Yahoo! Finance]Yahoo! Finance
- U.S. Steel's Earnings and Revenues Surpass Estimates in Q3 [Yahoo! Finance Canada]Yahoo! Finance Canada
- U.S. Steel's Earnings and Revenues Surpass Estimates in Q3 [Yahoo! Finance]Yahoo! Finance
- United States Steel Co. (NYSE: X) had its price target lowered by analysts at BMO Capital Markets from $45.00 to $43.00. They now have an "outperform" rating on the stock.MarketBeat
X
Earnings
- 10/31/24 - Beat
X
Sec Filings
- 11/14/24 - Form SC
- 11/1/24 - Form 10-Q
- 10/31/24 - Form 8-K
- X's page on the SEC website