Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
(Bloomberg) -- Suzano SA, the world’s largest pulp producer, approached International Paper Co. about a potential all-cash offer valuing the US company at almost $15 billion, Reuters reported.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortHigh-Tech Trading Firms Race to Grab Bond Market TurfRussians Are Coming to Terms With Putin’s War in UkraineApple Revamps iPads With AI-Focused Pro Model, Bigger AirThe potential bid of $42 a share by the Brazilian producer wa
Steel producers Nucor and Cliffs introduce weekly and monthly HRC pricing, aiming for market transparency and potential influence on indexes.
United States Steel's Transformation Likely to Boost Valuation, Morgan Stanley Says in Upgrade
The approval by the European Commission was expected to be a formality but in the U.S., the deal is facing resistance from several lawmakers worried about national security and U.S. Steel's union, which is concerned about job losses. While U.S. President Joe Biden has said Pennsylvania-based U.S. Steel should remain domestically owned, Republican front runner for the presidential race, Donald Trump said he would block the deal if elected.
U.S. Steel's (X) first-quarter earnings and revenues miss estimates on lower shipments.
Nippon Steel said Friday it has postponed the expected closing of its $14.1 billion takeover of U.S. Steel by three months after the U.S. Department of Justice requested more documentation related to the deal. Tokyo-based Nippon Steel Corp. said the deal, already approved by U.S. Steel's shareholders, is still expected to go through. “Nippon Steel will continue to fully cooperate with the examination of the relevant authorities,” it said in a statement.
The headline numbers for U.S. Steel (X) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Performance Steady Amid Market Challenges and Strategic Developments
Commonly known as a "second request", it signifies additional scrutiny from antitrust regulators who ask for additional information and documentary material as part of their review process for mergers. The DoJ's request comes after the Japanese firm's proposed bid drew sharp criticism in the U.S., including from President Joe Biden, who said the asset should be domestically owned.
The U.S. Department of Justice is seeking more details and documentary materials as part of an antitrust review of Nippon Steel's proposed $15 billion takeover of U.S. Steel, the American firm said on Thursday. Commonly known as a "second request", it signifies additional scrutiny from antitrust regulators who ask for additional information and documentary material as part of their review process for mergers. The DoJ's request comes after the Japanese firm's proposed bid drew sharp criticism i...