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Nippon Steel Corp ADR (OP: NPSCY )

7.400 +0.105 (+1.44%)
Streaming Delayed Price Updated: 11:24 AM EDT, Jun 6, 2024 Add to My Watchlist
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Headline News about Nippon Steel Corp ADR

U.S. Steel Guides Q1 EPS Below Street Estimate, Says Nippon Steel Merger Will Make It 'Best Steelmaker'
U..S. Steel provided Q1 FY24 guidance, with strong steel demand & investments in progress. The company expects merger with Nippon Steel to make it best steelmaker. 
Via Benzinga
X Stock Alert: Why Joe Biden Is Sending U.S. Steel Plummeting Today
X stock dropped nearly 13% on Wednesday as President Joe Biden prepares to state concern for Nippon Steel's purchase of U.S. Steel. 
Via InvestorPlace
President Joe Biden's Planned Intervention Signals Heightened Scrutiny Over Nippon Steel's United Steel Acquisition Bid
The Financial Times report indicates that while President Biden didn't explicitly demand blocking the deal, his expressed concern aligns with views shared by White House economic adviser Lael Brainard.... 
Via Benzinga
3 Stocks to Avoid as Steel Prices Fall in 2024
Explore why steel prices are falling in 2024 and which stocks to avoid, including insights on US Steel, ArcelorMittal and Cleveland-Cliffs. 
Via InvestorPlace
Trump's Potential Return To Presidency Seen As Business Risk By Half Of Japanese Companies, Shows Poll
Via Benzinga
Topics Government
Exposures Political
Warren Buffett-Backed Mitsubishi Hits Record High After Announcing $3.4B Share Buyback Plan
Japan's leading trading company, Mitsubishi, has seen its shares soar to an all-time high following its announcement of a massive share buyback plan. 
Via Benzinga
Experts Think Trump's Threat To Block Nippon-US Steel Deal Could Have Bigger Consequences For Japan: 'We Thought We're Completely Aligned Countries'
The deal, which symbolizes the limits of "friendshoring" between allies, is already facing criticism from U.S. lawmakers and the United Steelworkers union. 
Via Benzinga
Topics Government
Exposures Political
Japan Reportedly Boosted Efforts To Communicate Concerns To Trump Over China Deals That Could Destabilize Asia
Japan has amplified its efforts to communicate with individuals close to Trump, given his recent victories in Republican primaries. This includes diplomatic dialogues with think tanks and ex-U.S.... 
Via Benzinga
Topics Government
Exposures Political
Biden's Advisors Signal Labor Focus In Nippon Steel's United States Steel Deal Amid Election-year Sensitivities Over US Jobs
Biden's economic advisors have signaled a focus on labor concerns in Nippon Steel's U.S. Steel deal amid a CFIUS review. 
Via Benzinga
Former Louisiana AG Probes US Steel-Nippon Deal; Ascent Industries Divests Pipe Unit For $55M
In a series of major industry moves, legal scrutiny surrounds the sale of a leading steel corporation, while another key player in the sector finalizes a significant business divestiture. 
Via Benzinga
Stock Market Rally Is In Merry Mood Heading Into Christmas Weekend: Weekly Review
Despite a Wednesday tumble, the major indexes are right at 2023 highs. 
Via Investor's Business Daily
White House Expresses Concern Over $14.1B US Steel Deal With Japan's Nippon Steel
The deal revealed earlier this week, is under "serious scrutiny", as per a statement issued on Thursday by the Biden Administration's leading economic adviser, Lael Brainard. 
Via Benzinga
Jim Cramer Slams FTC Chair Lina Khan's Policies For Hampering Investor Returns: 'One-Woman Wrecking Crew For Your Stock Portfolio'
He posits that such actions have negatively impacted stock valuations. 
Via Benzinga
Why Are Steel Stocks X, CLF, NUE, STLD Up Today?
Steel stocks are up on U.S. Steel acquisition news. Expect this deal to be approved, as U.S. Steel is nothing like the company it once was. 
Via InvestorPlace
U.S. Steel's $14.9-Billion Price Tag Keeps Fire Under Steel Stocks, But Why?
Japan's Nippon Steel has won the bidding war for U.S. Steel, with the $15-billion price providing a jolt to other steel stocks, including CLF, NUE and STLD. 
Via Investor's Business Daily
Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Monday
It's time to start the week with a breakdown of the biggest pre-market stock movers worth keeping an eye on for Monday morning! 
Via InvestorPlace
Daily Stock Analysis: Nippon Steel Corporation
Nippon Steel Corp. is the largest steel producer in Japan and one of the top five producers globally. 
Via Talk Markets
Asia Markets Surge Following Wall Street Earnings Boost — Japan, Australia Lead Pack
Asian markets surged Wednesday morning with Japan’s Nikkei leading the pack after Wall Street witnessed heavy buying, the day before, led by upbeat corporate earnings and expectations of gas supply... 
Via Benzinga
Nippon Steel Alleges Toyota Motor Of Patent Infringement: WSJ
Nippon Steel Corp (OTC: NPSCY) alleged Toyota Motor Corp (NYSE: TM) and Baoshan Iron & Steel Co of infringing patents for a steel material in... 
Via Benzinga
Topics Intellectual Property
Exposures Intellectual Property
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