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Three Stocks to Watch: Steel Deal Struck, $215 Billion Might Not Be Enough, and Top 10 for the First Time

Three Stocks to Watch: Steel Deal Struck, $215 Billion Might Not Be Enough, and Top 10 for the First Time

Steel Deal Struck: U.S. Steel (X) has finally struck the deal. After rejecting Cleveland-Cliff (CLF)’s takeover bid in August, the company that J.P. Morgan himself formed in 1901 is being bought out for $14.9 billion, including debt, or $55 a share by Japanese steel giant Nippon Steel. The latter is in a better position than […]

The post Three Stocks to Watch: Steel Deal Struck, $215 Billion Might Not Be Enough, and Top 10 for the First Time appeared first on Money Morning – We Make Investing Profitable.

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