Ancora Holdings, a Mayfield Heights-based institutional asset management company and private wealth advisor, is calling on U.S. Steel to drop its merger agreement with Japanese-owned Nippon Steel, end its litigation against the federal government seeking to keep the deal alive and oust its Chief Executive.
Ancora Holdings Group, with $10 billion in assets, reported acquiring a 0.18% stake in the Pittsburgh company. It said Monday that U.S. Steel CEO David Burritt and the company’s board have prioritized a sale to Nippon because they stand to receive more than $100 million if it goes forward.
Financial risks and uncertainties surround CLF's potential acquisition of US Steel, but share buyback program offers potential returns to investors.
Cleveland-Cliffs Inc. (NYSE: CLF) ("Cliffs") will announce its full-year and fourth-quarter 2024 earnings results after the U.S. market close on Monday, February 24, 2025.
An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company. Ancora Holdings Group, with $10 billion in assets,
Learn more about whether Cleveland-Cliffs Inc. or Ternium S.A. is a better investment based on AAII's A+ Investor grades, which compare both companies' key financial metrics.
An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company.
U.S. Steel yesterday disavowed a push from activist investor Ancora Holdings to drop its proposed sale to Japan's Nippon Steel Co. Why it matters: The future of the Pittsburgh icon is in limbo after a proposal to sell the company to Nippon was blocked by then-President Biden four weeks ago,
Construction is underway and will continue throughout 2025 on the rehabilitation of the decades-old Armco/AK Steel Research building in Middletown that when completed will be the combined home of several area ceramic refractory plants.
Cleveland-Cliffs Inc. CLF shares have lost 33.6% in the past six months, underperforming the Zacks Mining – Miscellaneous industry’s decline of 7.2%. The bearishness is partly due to the underlying challenges in the steel industry as reflected by the significant retreat in U.
Cleveland-Cliffs Inc (CLF) stock saw a decline, ending the day at $9.93 which represents a decrease of $-0.08 or -0.80% from the prior close of $10.01. The stock opened at $10.09 and touched a low of $9.
A major #Dayton employer is closing its doors, impacting nearly 80 local jobs. The company's consolidation efforts will have a ripple effect across the nation.