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Nippon Steel Corporation

6.47

+0.12001.89%

Post-market: 6.470.00000.00%16:00 EDT

Volume:608.22K

Turnover:3.94M

Market Cap:20.29B

PE:6.14

High:6.68

Open:6.46

Low:6.24

Close:6.35

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Overview Company News Filings

Nippon Steel Proposes Deal to Win Approval for U.S. Steel, Sources Say, Washington Post Reports

U.S. Steel jumps after WaPo story on Nippon White House proposal

Nippon proposed capacity veto for U.S. Steel deal, Washington Post says

Wedbush hikes Apple target to high on Street: Morning Buzz

Nippon Steel pushes out expected U.S. Steel closing date to Q1 of 2025

US Steel Sale to Nippon Looks Dead. CFIUS Won't Decide If It's a Security Risk. -- Barrons.com

Nippon Steel confirms CFIUS referred U.S. Steel decision to President Biden

Nippon Steel's U.S. Steel Acquisition Plan Referred to Biden for Review -- Update

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CFIUS Won't Decide If It's a Security Risk. -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2493808016","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493808016?lang=en_us&edition=fundamental","pubTime":"2024-12-24 23:03","pubTimestamp":1735052580,"startTime":"0","endTime":"0","summary":"The deal for Nippon Steel to buy U.S. Steel for $55 a share in cash, and invest billions into the U.S., is in its death throes after a key U.S. review couldn't reach a definitive conclusion about National security.Monday, The Washington Post reported that the Treasury Department's Committee on Foreign Investment in the U.S., of CFIUS, couldn't reach an decision on Nippon's proposed takeover and referred the case to President Biden to decide.CFIUS reviews deals \"to determine the effect of such transactions on the national security of the United States.\". President Biden, President-elect Trump, and several other politicians have come out against the deal. The failure of CFIUS to say one way or another if the deal was a threat is another nail in its coffin.CFIUS and the Treasury Department didn't immediately respond to a request for comment.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["NPSCY","CLF","BK4006","X","BK4588","BK4585","BK4516","BK4520"],"gpt_icon":0},{"id":"2493701563","title":"Nippon Steel confirms CFIUS referred U.S. Steel decision to President Biden","url":"https://stock-news.laohu8.com/highlight/detail?id=2493701563","media":"TIPRANKS","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493701563?lang=en_us&edition=fundamental","pubTime":"2024-12-24 18:40","pubTimestamp":1735036808,"startTime":"0","endTime":"0","summary":"Nippon Steel (NPSCY) confirms it was notified by the Committee on Foreign Investment in the United States that the panel failed to reach a consensu...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/nippon-steel-confirms-cfius-referred-u-s-steel-decision-to-president-biden?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/nippon-steel-confirms-cfius-referred-u-s-steel-decision-to-president-biden?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"policyRegulatory","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["X","BK4006","BK4520","BK4516","NPSCY","BK4585","BK4588"],"gpt_icon":0},{"id":"2493725556","title":"Nippon Steel's U.S. Steel Acquisition Plan Referred to Biden for Review -- Update","url":"https://stock-news.laohu8.com/highlight/detail?id=2493725556","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493725556?lang=en_us&edition=fundamental","pubTime":"2024-12-24 11:37","pubTimestamp":1735011420,"startTime":"0","endTime":"0","summary":"Nippon Steel's plan to acquire United States Steel has been referred to President Biden after a government panel reviewing the plan failed to reach a consensus.The Japanese steelmaker said Tuesday that it had been informed of the matter by the Committee on Foreign Investment in the United States, which reviews foreign investments in the U.S. for national security risks.Nippon Steel said that it is confident that the transaction should be approved if it is fairly evaluated on its merits.Nippon Steel urged the U.S. president to reflect on the steps the company has taken to address national security concerns and the significant commitments it has made to grow U.S. Steel and protect American jobs.While Biden has yet to formally block the takeover, the White House has reiterated his position that U.S. Steel should be domestically owned and operated.President-elect Donald Trump has similarly rejected the Pittsburgh-based company's sale to a foreign company.The announcement of the $14.1 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