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Nippon Steel Corp ADR (OP: NPSCY )

6.830 +0.100 (+1.49%)
Streaming Delayed Price Updated: 10:51 AM EST, Nov 29, 2024 Add to My Watchlist
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Headline News about Nippon Steel Corp ADR

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As Trump, Kamala Harris, And Biden Unite Against Nippon Steel's $15B US Steel Acquisition, Japanese Steelmaker Spends $1.3M On Lobbying Efforts
To secure its proposed acquisition of United States Steel Corporation, Japanese steelmaker Nippon Steel has boosted its lobbying spending in Washington. 
Via Benzinga
Topics Government
Exposures Political
Amid Resistance From Harris And Trump, Nippon Steel Scores Favorable Arbitration Ruling In $14.9B US Steel Acquisition Deal
An arbitration board has ruled in favor of Nippon Steel Corp in its $14.9 billion acquisition of United States Steel Corporation. The decision was announced on Wednesday. 
Via Benzinga
Topics Government
Exposures Political
Amid Trump And Harris Opposition To Nippon Steel's $14B Bid For US Steel, National Security Panel To Reportedly Delay Decision Until After The Presidential Election
The U.S. national security panel has postponed its decision on Nippon Steel Corp bid for United States Steel Corp until after the presidential election. 
Via Benzinga
Topics Government
Exposures Political
Kamala Harris Opposed $14.1B Nippon Steel Acquisition Of US Steel Labeled By United Steelworkers As 'Doomed' — Union Boss Says Executives Using 'Oldest Tricks In The Book'
Dave McCall Union President expressed opposition to the deal in a written memo sent to relevant parties on Thursday. The memo was also sent to the White House after President Joe Biden and Vice... 
Via Benzinga
Nippon Steel Unveils Union Talks Amid US Steel Acquisition Dispute
The Japanese steelmaker has engaged with the USW leadership 32 times, through face-to-face meetings, emails, and phone calls. 
Via Benzinga
Biden And Harris' Push To Block $14.1B US Steel Acquisition By Nippon Steel Faces Committee Delay: Report
Amid the mixed views over the deal by union members and other stakeholders, The Committee on Foreign Investment is yet to send a recommendation on the deal as of Wednesday, according to a U.S.... 
Via Benzinga
After Kamala Harris Said US Steel Should Remain 'American-Owned,' Nippon Steel's Takahiro Mori Reportedly Flies To US For Final Attempt At Saving $15B Deal
Sources familiar with the matter have indicated that the U.S. State Department and Defense Department have not agreed with the view that the deal would pose security risks. 
Via Benzinga
Cleveland-Cliffs Chief Slams US Steel for 'Pathetic Blackmail Attempt' On US, Pennsylvania
Via Benzinga
Japan PM Candidate Warns Biden's Opposition To Nippon's US Steel Acquisition Could 'Undermine The Trust Of Its Allies'
The proposed acquisition has been met with bipartisan resistance in the U.S. due to the impending presidential elections. 
Via Benzinga
US Steel CEO David Burritt Blasted By United Steelworkers President After $15B Deal With Nippon Steel Comes Under Biden Administration Scrutiny: 'Get A Decent CEO'
David McCall, President of United Steelworkers met Nippon Steel's Executive Vice President Takahiro Mori this summer to describe the union's demands, particularly ensuring that the Japanese... 
Via Benzinga
Biden Administration Reportedly Warns Nippon Steel's $14.9B Acquisition Of US Steel Poses National Security Risks
The deal has faced opposition from both Democrats and Republicans, including Vice President Kamala Harris and Donald Trump, who have voiced their desire for U.S. Steel to remain "American owned and... 
Via Benzinga
Topics Government
Exposures Political
Biden Gears Up To Block Nippon Steel's $15B US Steel Acquisition: Report
President Joe Biden is getting ready to formerly block Nippon Steel's nearly $15 billion acquisition of United States Steel Corp (NYSE:X), according to a Washington Post report citing three people with... 
Via Benzinga
Kamala Harris Says US Steel Should Remain 'American-Owned And American-Operated'
Via Benzinga
Nippon Steel Pledges Additional $1.3B Investment In US Steel Amid Takeover Resistance From Team Biden
At Gary Works in Indiana, the company will invest approximately $300 million to revamp the blast furnace, extending the plant's operational life by up to 20 years. 
Via Benzinga
Equinor Extends 35-Year Partnership: Nippon Steel and Sumitomo to Supply OCTG for Up to 9 Years
Equinor renews contract with Nippon Steel and Sumitomo to supply OCTG for 9 years, recognizing stable supply and commitment to low carbon and safety. 
Via Benzinga
The Top 3 Stock Upgrades You Can’t Ignore This Month
These top stock upgrades from Wall Street deserve your attention because they could spell growth in the second half of 2024. 
Via InvestorPlace
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
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