United States Steel (X) Stock

X is experiencing reduced prices and demand in all its areas during the fourth quarter.

United States Steel (X) reported a quarterly loss of $0.13 per share, which is better than the Zacks Consensus Estimate of a loss of $0.25. In comparison, the company earned $0.67 per share during the same period last year.

U.S. Steel's fourth-quarter results and forecasts are not very remarkable. However, that doesn't really change anything.

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) has announced that its Board of Directors has approved a dividend of $0.05 per share for its Common Stock. This dividend will be paid on Wednesday, March 12, 2025, to shareholders who are on record by the end of business on Monday, February 10, 2025. Established in 1901, U.S. Steel is a major steel manufacturer that prioritizes safety and customer satisfaction through its Best for All® strategy.

Alan Kestenbaum, the CEO of Ancora and a candidate for a director position at U.S. Steel, appeared on 'Closing Bell Overtime' to discuss the potential acquisition of U.S. Steel. He also shared his vision for the company if he succeeds in taking over.

The activist investment group Ancora is trying to prevent Nippon Steel from buying U.S. Steel.

PITTSBURGH--(BUSINESS WIRE)--$X #BestForAll--United States Steel Corporation (NYSE: X) has released a statement regarding Ancora Catalyst Institutional, LP, which holds a 0.18% share in the company. Ancora has put forward nine candidates for election to the U.S. Steel Board of Directors at the upcoming 2025 Annual Meeting of Stockholders. U.S. Steel emphasizes that it has a skilled and independent Board of Directors.

Activist investor Ancora Holdings has bought a share in US Steel and is pushing the company to cancel its merger deal with Japan's Nippon Steel, as reported by the Wall Street Journal. Ancora also plans to persuade shareholders to oust US Steel's CEO, David Burritt.

Douglas McIntyre: So, in the United States...