HARRISBURG, Pa. — U.S. Steel Corp. has agreed to settle a lawsuit that accused the Pittsburgh-based company of violating federal clean-air laws by operating plants without its desulfurization controls for more than three months, emitting clouds of sulfurous gas into surrounding towns.The settlement with environmental groups Clean Air Council and PennEnvironment and the Allegheny County Health Department was filed in federal court Monday for a judge to review, the groups said.PennEnvironment and the other pl ...

PITTSBURGH--(BUSINESS WIRE)--Today, United States Steel Corporation (NYSE: X) signed a Consent Decree with the Allegheny County Health Department (ACHD), Clean Air Council, and PennEnvironment to address the Clairton Plant fire in 2018, and power outages at the Plant in 2019 and 2022. We regret that these accidental incidents occurred and believe this Consent Decree greatly benefits Mon Valley communities. Under the Consent Decree, U. S. Steel agrees to: Contribute $4.5 million to projects supporting pub ...

Wall Street expects a year-over-year decline in earnings on lower revenues when United States Steel (X) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 1, 2024, might help the stock move higher if these key numbers are better th ...

United States Steel (X) closed the latest trading day at $47.91, indicating a +0.17% change from the previous session's end. This move lagged the S&P 500's daily gain of 0.22%. On the other hand, the Dow registered a gain of 0.36%, and the technology-centric Nasdaq increased by 0.32%.Prior to today's trading, shares of the steel maker had lost 0.29% over the past month. This has was narrower than the Basic Materials sector's loss of 7.44% and lagged the S&P 500's gain of 1.61% in that time.The investment co ...

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the fourth quarter and full year 2023 on Thursday, February 1, 2024, following the close of trading on the New York Stock Exchange. As previously announced, on December 18, 2023, the company entered into a definitive merger agreement to be acquired by Nippon Steel Corporation. In light of the pending transaction, the company will not hold an earnings conference c ...

BildWerk There’s an old saying that while it’s the early bird that catches the worm, it’s the second mouse who gets the cheese. That seems to be the case for the proposed acquisition of U.S. Steel by Tokyo-based Nippon Steel, which in December announced its plan to acquire the Pittsburgh-based company for $14.1 billion. Nippon Steel is the largest steel producer in Japan and the fourth-largest in the world. Nippon’s annual production is 44.37 million tons, while U.S. Steel’s is 14.49, according to the W ...

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it has been named one of “America’s Greatest Workplaces for Diversity 2024” by Newsweek and the market data research firm Plant-A Insights Group, based on their recent independent workplace study. The large-scale and rigorous review spotlights organizations that are providing excellent work opportunities for women, veterans, the LGBTQ+ community, and more while also cultivating a healthy work-life bal ...

DAVOS, Switzerland— U.S. Steel’s agreement last month to sell itself to Nippon Steel has stirred up a domestic political frenzy and raised the prospect of a wave of similar activity from Japan’s cash-rich companies. One corporate giant, Sumitomo Corporation, might get in on the action. ...

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead ...

In the latest market close, United States Steel (X) reached $48.28, with a -0.25% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.57%. Elsewhere, the Dow gained 0.46%, while the tech-heavy Nasdaq added 0.75%.The the stock of steel maker has risen by 33% in the past month, leading the Basic Materials sector's gain of 2.16% and the S&P 500's gain of 3.4%.Investors will be eagerly watching for the performance of United States Steel in its upcoming earnin ...