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UnitedStatesSteel


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United States Steel Expects 2024 Capital Spending Will Be $2.3 Billion

BRIEF-United States Steel Expects 2024 Capital Spending Will Be $2.3 Billion Nov 1 (Reuters) - United States Steel Corp: UNITED STATES STEEL CORP -NOW EXPECTS 2024 CAPITAL SPENDING WILL BE $2.3 BILLION UNITED STATES STEEL CORP -EXPECTS TOTAL CAPITAL SPEND FOR BR2 WILL BE ABOUT $3.6 BILLION Source text: [ID:n0001163302-24-000068] Further company cov
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U.S. Amazon, IQVIA Holdings, Uber

U.S. RESEARCH ROUNDUP-Amazon, IQVIA Holdings, Uber Nov 1 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Amazon, IQVIA Holdings and Uber, on Friday. HIGHLIGHTS * Amazon AMZN.O : JP Morgan raises target price to $250 from $230 * Cheniere Energy Inc LNG.N : Raymond James raises target price to $225 from $210 * IQVIA Holdings Inc IQV.N : TD Cowen cuts target price to $255 from $270 * Regeneron Pharmaceuticals Inc REGN.O
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U.S. Steel rises after quarterly results beat

BUZZ-U.S. Steel rises after quarterly results beat ** U.S. Steel's shares X.N rise 1% to $39.25, after the bell ** Company beats Q3 profit and revenue estimates, despite lower pricing across all segments, amid sluggish steel price recovery in the United States ** Q3 adjusted EPS of 56 cents, came above analysts' estimate of 47 cents , according to LSEG compiled data ** Q3 revenue is $3.85 bln vs LSEG est.
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Nucor drops after quarterly profit falls

BUZZ-Nucor drops after quarterly profit falls Updates ** Shares of steelmaker Nucor NUE.N fall ~8% to $143, on track to record its biggest one-day percentage drop in six months if losses hold ** NUE reported nearly 78% slump in Q3 profit on Monday as co recorded impairment charges related to its steel products and raw materials businesses ** Co posted Q3 profit of nearly $250 mln, or $1.05/shr, accounting for impairment charges of $123 mln ** Q3 rev.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: CVS, Frasers Group, Tetragon, Oct 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday: * * CVS Health CVS.N is exiting its core infusion services business and plans to either close or sell 29 related regional pharmacies in the coming months, a company spokesperson confirmed to Reuters on Friday.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Updates: Nippon Steel Oct 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday: ** Nippon Steel 5401.T said it will sell its entire 50% stake in a joint-venture steel plant it has in Calvert, Alabama, with ArcelorMittal MT.LU , if the top Japanese steelmaker succeeds in a buyout bid for United States Steel X.N .
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Oct 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday: ** Sanofi SASY.PA has entered into talks to sell a controlling 50% stake in its consumer health business Opella to U.S. private equity firm Clayton Dubilier & Rice, the French pharmaceutical group said.
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Nippon Steel Executive Equity Sale In Calvert JV Was Necessary To Clear Competition Regulation Review Over U.S. Steel Acquisition Deal

BRIEF-Nippon Steel Executive Equity Sale In Calvert JV Was Necessary To Clear Competition Regulation Review Over U.S. Steel Acquisition Deal Oct 11 (Reuters) - Nippon Steel Corp 5401.T : NIPPON STEEL EXECUTIVE: STILL AIMING TO CLOSE PLANNED ACQUISITION OF U.S. STEEL LATER THIS YEAR NIPPON STEEL EXECUTIVE: SALE OF EQUITY STAKE IN AM/NS CALVERT JV WAS DETERMINED ON OUR OWN FOLLOWING DIALOGUE WITH U.S.
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Nippon Steel to sell Calvert JV to ArcelorMittal if U.S. Steel deal completed

UPDATE 2-Nippon Steel to sell Calvert JV to ArcelorMittal if U.S. Steel deal completed Nippon Steel to sell Calvert stake for $1 Will book $1.6-bln loss upon share sale Sees sale needed to clear antitrust concerns on U.S. Steel deal Sticking to goal to close U.S. Steel deal later this year Adds quotes, details; paragraphs 5-6,8-12 By Kantaro Komiya and Katya Golubkova TOKYO, Oct 11 (Reuters) - Nippon Steel 5401.T said on Friday it wi ll sell its entire 50% stake in a joint-venture steel plant it
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Nippon Steel to sell Calvert JV to ArcelorMittal if U.S. Steel deal completed

Nippon Steel to sell Calvert JV to ArcelorMittal if U.S. Steel deal completed TOKYO, Oct 11 (Reuters) - Nippon Steel 5401.T said on Friday it will sell its entire 50% stake in the joint venture steel plant in Calvert, Alabama, with ArcelorMittal MT.LU if the top Japanese steelmaker's buyout bid for United States Steel X.N is successful. Nippon Steel would book consolidated loss of about 230 billion yen ($1.55 billion) upon its sale of the NS Kote holding company that owns the joint venture stake
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Nippon Steel: To Transfer All Shares Of Subsidiary NS Kote To Arcelormittal Substantially Concurrently With The Consummation Of Nippon Steel’s Pending Acquisition Of U.S. Steel

BRIEF-Nippon Steel: To Transfer All Shares Of Subsidiary NS Kote To Arcelormittal Substantially Concurrently With The Consummation Of Nippon Steel’s Pending Acquisition Of U.S. Steel Oct 11 (Reuters) - Nippon Steel Corp 5401.T : NIPPON STEEL CORP - NOTICE OF TRANSFER OF EQUITY INTERESTS IN AM/NS CALVERT LLC THROUGH TRANSFER OF SHARE IN NS KOTE, INC.
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A third of Japan firms likely to miss H1 forecasts, Reuters poll shows

A third of Japan firms likely to miss H1 forecasts, Reuters poll shows Some 36% of firms to fall short of own forecasts for April-Sept Around 70% of firms see dollar/yen in 140-150 range in March Japan firms unruffled by U.S. concerns over U.S. Steel deal By Kiyoshi Takenaka TOKYO, Oct 10 (Reuters) - More than a third of Japanese companies are likely to miss their earnings projections for the first half of the business year that commenced in April due to slow sales and increased costs, a Reuters
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U.S. Steel Says Does Not Expect "Significant Impacts" From U.S. Port Strike -- Statement

BRIEF-U.S. Steel Says Does Not Expect "Significant Impacts" From U.S. Port Strike -- Statement Oct 2 (Reuters) - United States Steel Corp X.N : U. S. STEEL SAYS DOES NOT EXPECT "SIGNIFICANT IMPACTS" FROM U.S. PORT STRIKE -- STATEMENT Further company coverage: X.N
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: TPG, TotalEnergies, Chevron, Pfizer Updates: Marsh McLennan, Verizon Communications Sept 30 (Reuters) - The following bids, mergers, acquisitions, and disposals were reported by 1950 GMT on Monday: ** Pfizer PFE.N intends to sell about 540 million shares in British consumer healthcare company Haleon HLN.L , a bookrunner said on Monday, reducing the top shareholder's interest in the Sensodyne maker to 16.2%.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Sept 30 (Reuters) - The following bids, mergers, acquisitions, and disposals were reported by 1030 GMT on Monday: ** Verizon Communications VZ.N is in advanced talks to sell thousands of mobile phone towers to digital infrastructure firm Vertical Bridge, Bloomberg News reported, citing people familiar with the matter.
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Trump to reiterate pledge to block Nippon Steel's planned purchase of U.S. Steel

Trump to reiterate pledge to block Nippon Steel's planned purchase of U.S. Steel Sept 29 (Reuters) - Republican presidential candidate Donald Trump will on Sunday reiterate a pledge that if elected, he will block Nippon Steel's 5401.T planned purchase of U.S. Steel X.N , according to an advance excerpt of his speech to a Pennsylvania rally. Reporti
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Biden still opposes Nippon Steel deal's bid for U.S. Steel

UPDATE 1-Biden still opposes Nippon Steel deal's bid for U.S. Steel Adds background, requests for comment throughout DOVER, Delaware Sept 27 (Reuters) - U.S. President Joe Biden said on Friday his opposition to Nippon Steel's 5401.t $14.9 billion bid for U.S. Steel X.N hadn't changed despite a decision by his administration to extend a national security review of the proposed tie-up.
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Biden says he hasn't changed his mind on Nippon Steel deal

Biden says he hasn't changed his mind on Nippon Steel deal DOVER, Delaware Sept 27 (Reuters) - U.S. President Joe Biden on Friday said he had not changed his mind about Nippon Steel's 5401.t $14.9 billion bid for U.S. Steel X.N despite the extension of a national security review of the proposed tie-up. “I haven’t changed my mind,” he told reporters, when asked if the extension indicated a change of heart.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Citigroup, TPG, Aeffe, Chevron, Anglo American, China Evergrande; Updates Visa Sept 26 (Reuters) - The following bids, mergers, acquisitions, and disposals were reported by 1930 GMT on Thursday: * * Citigroup C.N and Apollo Global APO.N have partnered for a $25 billion private credit and direct lending program, illustrating a growing alliance between banks and non-banks looking for a slice of the lucrative $2 trillion market.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: Visa, Validus Energy Updates: LG Display Sept 26 (Reuters) - The following bids, mergers, acquisitions, and disposals were reported by 1330 GMT on Thursday: ** Visa V.N has agreed to buy Featurespace, a developer of real-time artificial intelligence payments protection technology, the payments firm said.
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