Get Your Shorts On, U.s. Steel Has Room To Drop Lower

The stock sells at 42 times 2010 earnings estimates. Not only is a P/E ratio of 42 is too high, but

Topics:  p/e   
BING NEWS:
  • Nippon-U.S. Steel Executives Are Running Out of Time to Save $14 Billion Deal
    The Japanese company continues to doggedly campaign for support from mayors, governors and especially members of the steelworkers union.
    12/17/2024 - 9:15 pm | View Link
  • Impasse deepens over U.S. Steel takeover as government review nears end
    Face-to-face talks between Nippon Steel and the United Steelworkers union failed to close the gap over the Japanese company’s proposed acquisition of U.S. Steel.
    12/9/2024 - 9:00 pm | View Link
  • Nippon Steel won’t give up on its U.S. Steel takeover deal despite strong pushback
    Nippon Steel's transaction has faced stiff resistance from politicians, including Biden and Trump, and the United Steelworkers, a major labor group.
    12/4/2024 - 8:30 am | View Link
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