U.S. Steel forecasts fourth-quarter surprise loss-February 2024-www.financetom.com

U.S. Steel forecasts fourth-quarter surprise loss

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

U.S. Steel forecasts fourth-quarter surprise loss

Dec 19, 2024 1:59 PM

Dec 19 (Reuters) - United States Steel ( X ) on Thursday

forecast a surprise loss for the fourth quarter, sending its

shares down nearly 5% in aftermarket trading.

The company expects an adjusted loss of between 29 cents and

25 cents for the quarter, compared with analysts' average

estimate of a profit of 16 cents, according to data compiled by

LSEG.

(Reporting by Sriparna Roy in Bengaluru; Editing by Shreya

Biswas

)

Previous page： Healthequity Insider Sold Shares Worth $2,417,900, According to a Recent SEC Filing Next page： Rogers Gets Competition Bureau Clearance for Maple Leaf Sports & Entertainment Deal

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Healthequity Insider Sold Shares Worth $2,417,900, According to a Recent SEC Filing

Dec 13, 2024

05:05 PM EST, 12/13/2024 (MT Newswires) -- Stuart B. Parker, Director, on December 12, 2024, sold 25,000 shares in Healthequity ( HQY ) for $2,417,900. Following the Form 4 filing with the SEC, Parker has control over a total of 19,061 shares of the company, with 19,061 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1428336/000141588924029330/xslF345X05/form4-12132024_091227.xml ...

Rogers Gets Competition Bureau Clearance for Maple Leaf Sports & Entertainment Deal

Dec 13, 2024

05:01 PM EST, 12/13/2024 (MT Newswires) -- Rogers Communications (RCI-B.TO, RCI) after trade Friday said it received approval from the Competition Bureau to move forward with acquiring BCE's (BCE..TO) 37.5% stake in Maple Leaf Sports & Entertainment (MLSE), which owns the Toronto Maple Leafs hockey club, the Toronto Blue Jays baseball team and the Toronto Raptors basketball franchise. The Bureau...

Judge clears way for Musk appeal to try to restore $56 billion Tesla pay

Dec 13, 2024

WILMINGTON, Delaware (Reuters) - A Delaware judge cleared the way on Friday for Elon Musk and Tesla to begin legal appeals to try to reinstate the chief executive's record-breaking $56 billion pay package from the electric carmaker. The order by Chancellor Kathaleen McCormick of the Court of Chancery opens the 30-day window for an appeal to the Delaware Supreme Court....

Rogers Communications Gets Clearance for Maple Leaf Sports Stake Buy From Canada's Competition Bureau

Dec 13, 2024

05:03 PM EST, 12/13/2024 (MT Newswires) -- Rogers Communications ( RCIAF ) said late Friday that Canada's Competition Bureau has cleared its acquisition of Bell's 37.5% stake in Maple Leaf Sports & Entertainment. The agency issued a no-action letter on Thursday, which indicates that the Commissioner of Competition does not intend to challenge the deal. The deal is still subject...