CEO of Cleveland-Cliffs fires back at Nippon, U.S. Steel over 'baseless' lawsuits
The CEO of Cleveland-Cliffs Inc. (NYSE: CLF) is not holding back in his assessment of lawsuits filed by Nippon Steel and U.S. Steel Corp. that are aimed at salvaging a deal that has been blown up by President Joe Biden and, more broadly, political opposition.
Cleveland-Cliffs CEO Predicted Biden's Block $14.9B Nippon Steel-US Steel Deal Months Before Action
Cleveland-Cliffs Inc. CEO Lourenco Goncalves repeatedly predicted President Joe Biden would block Nippon Steel Corp.'s proposed $14.9 billion acquisition of United States Steel Corp. months before it happened,
Cleveland-Cliffs Comments on U.S. Steel’s and Nippon Steel’s Desperate Lawsuits: Deflecting Blame on Everyone Else for their Own Mistakes
Cleveland-Cliffs Inc. (NYSE: CLF) ("Cliffs") provided the following statement regarding the recent developments related to the United States Government decision to prohibit the unlawful acquisition of
Cleveland-Cliffs calls U.S. Steel and Nippon Steel lawsuits ‘desperate’
Cleveland-Cliffs (CLF) provided a statement regarding the recent developments related to the United States Government decision to prohibit the
Cleveland-Cliffs CEO responds to U.S. Steel lawsuit, says failed acquisition was ‘self-inflicted disaster’
Cleveland-Cliffs CEO Lourenco Goncalves's comments come after President Biden rejected the merger between U.S. Steel and Nippon Steel.
U.S. Steel sues Biden and rival Cleveland-Cliffs over blocked merger
Nippon Steel and U.S. Steel this morning sued the Biden administration for blocking their proposed tie-up, as expected. Driving the news: They also filed a RICO complaint against rival Cleveland-Cliffs,
Cleveland-Cliffs says it's being scapegoated after lawsuit alleges 'merge-or-murder campaign' against U.S. Steel
Cleveland-Cliffs says it's being scapegoated for the president's decision to block Nippon Steel's $14.9 billion acquisition of U.S. Steel after a lawsuit alleges it's waging an ongoing campaign to try to buy the Pittsburgh-based steelmaker "under distressed circumstances,
Analyst Sees US Steel Price Rebound Under Trump's Pro-Tariff Stance, Upgrades Cleveland-Cliffs Stock
GLJ Research analyst Gordon L. Johnson II upgraded Cleveland-Cliffs Inc. (NYSE:CLF) to Buy from Sell rating with a price ...
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Cleveland-Cliffs adds Sherwin-Williams exec to its board of directors
Cliffs President and CEO Lourenco Goncalves, who is also the board chair, said in a statement that Cronin's "longstanding ...
Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled
Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and ...
Cleveland-Cliffs Inc. (CLF): A Bull Case Theory
We came across a bullish thesis on Cleveland-Cliffs Inc. (NYSE:CLF) on Substack by Unemployed Value Degen. In this article, ...
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Cleveland-Cliffs Inc (CLF) Stock Price Reaches $9.5: What Factors Are Influencing This Level?
Goldman has recently initiated Cleveland-Cliffs Inc (CLF) stock to Buy rating, as announced on December 2, 2024, according to Finviz. Earlier, on August 27, 2024, Seaport Research Partners had raised ...
Cleveland-Cliffs (NYSE:CLF) Rating Increased to Buy at Glj Research
Glj Research upgraded shares of Cleveland-Cliffs (NYSE:CLF – Free Report) from a sell rating to a buy rating in a report published on Tuesday morning,Benzinga reports. Glj Research currently has ...
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GLJ Research Upgrades Cleveland-Cliffs (CLF)
Fintel reports that on January 7, 2025, GLJ Research upgraded their outlook for Cleveland-Cliffs (NYSE:CLF) from Sell to Buy.
Buy Recommendation for Cleveland-Cliffs: Anticipated Policy Changes and Seasonal Trends Drive Positive Outlook
In a report released today, Gordon Johnson from GLJ Research assigned a Buy rating on Cleveland-Cliffs (CLF – Research Report), with a price ...
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Cleveland-Cliffs Inc CLF
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Pittsburgh's Reed Smith, K&L Gates Join Fight to Save Nippon Steel-U.S. Steel Merger
Ropes & Gray, Milbank and Wachtell, Lipton, Rosen & Katz all advised on the $14 billion acquisition. They're joined in two ...