Straits Times Index
3,313.48 +8.49 (+0.26%) Nikkei
38,787.38 -132.88 (-0.34%) Hang Seng
19,553.61 +177.08 (+0.91%) FTSE 100
8,420.26 -18.39 (-0.22%) Bitcoin USD
66,957.86 +1,703.64 (+2.61%) CMC Crypto 200
1,365.16 -8.69 (-0.63%)
Nippon Steel Corporation (5401.T)
| Previous close | 3,243.00 |
| Open | 3,257.00 |
| Bid | 3,281.00 x 0 |
| Ask | 3,284.00 x 0 |
| Day's range | 3,250.00 - 3,295.00 |
| 52-week range | 2,705.50 - 3,847.00 |
| Volume | |
| Avg. volume | 7,123,703 |
| Market cap | 3.023T |
| Beta (5Y monthly) | 1.28 |
| PE ratio (TTM) | 6.22 |
| EPS (TTM) | 528.07 |
| Earnings date | 02 Aug 2024 - 06 Aug 2024 |
| Forward dividend & yield | 160.00 (4.88%) |
| Ex-dividend date | 27 Sept 2024 |
| 1y target est | 4,191.40 |
AFP NewsEU clears Nippon buyout of US Steel opposed by Biden
The European Union on Monday approved the $14 billion takeover of major American manufacturer US Steel by Japan's Nippon Steel, which US President Joe Biden has opposed.Biden earlier this year opposed the deal because he said it was vital for US Steel "to remain an American steel company that is domestically owned and operated".
- Reuters SG
Deals of the day-Mergers and acquisitions
** Sony Pictures Entertainment and private equity firm Apollo Global Management on Wednesday submitted a $26 billion offer for Paramount Global but have yet to receive a response as of Friday, according to a person familiar with the matter. ** L Catterton, a private equity firm backed by French luxury group LVMH , said on Friday it had succeeded in securing enough shares in luxury shoe maker Tod's to take it private in agreement with the Italian group's main shareholder, the Della Valle family.
- Yahoo Finance Video
Biden voices support for workers who are against US Steel sale
At a press conference with Japanese Prime Minister Kishida Fumio, US President Joe Biden was asked about his opposition to the sale of US Steel (X) to Nippon Steel (NPSCY, 5401.T). Biden responded by saying, "I stand by my commitment to American workers. I'm a man of my word. I'm going to keep it. And, with regard to that, I stand by our commitment to our alliance." Biden had previously released a statement voicing opposition to the deal. He joins the US Steelworkers union, which is also against it. Yahoo Finance's Julie Hyman and Josh Lipton discuss the president's comments. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.
