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Fly News Breaks for September 5, 2017
X
Sep 5, 2017 | 10:01 EDT
As previously reported, Standpoint Research analyst Ronnie Moas downgraded U.S. Steel to Reduce from Buy, noting that the stock now trades at more than 14 times earnings and has risen 40% since he upgraded the stock on June 7.
News For X From the Last 2 Days
X
Apr 23, 2024 | 09:36 EDT
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Apr 23, 2024 | 08:47 EDT
X
Apr 23, 2024 | 08:43 EDT
Says will continue to buy back stock "hand over fist." Says Cleveland-Cliffs (CLF) "the only U.S. solution" for U.S. Steel (X). Says will have to "re-assess value" of U.S. Steel. Says targeting net debt to EBITDA of 2.5x. Says balance sheet in "great shape, near record liquidity." Sees CapEx ~$1B/year from 2025-2028. Comments taken from Q1 earnings conference call.
