'Unusual' Bullish Options Activity in U.S. Steel (X) Ahead of Tomorrow's U.S. Ally Deadline for Steel & Aluminum Tariff Exemptions -Susquehanna

JPMorgan Sees U.S. Steel (X) As A Buying Opportunity

JPMorgan analyst, Michael Gambardella, reiterated his Overweight rating on shares of US Steel (NYSE: X) after the company offered strong EBITDA guidance of $400mm in 2Q and the midpoint of guidance implying EBITDA of nearly $1.1bn for the second half.

The analyst stated... More

US Steel (X) PT Lowered to $45 at BMO Capital

BMO Capital lowered its price target on US Steel (NYSE: X) to $45.00 (from $50.00) while maintaining a Market Perform rating.

Analyst David Gagliano comments "As with the other steel producers under coverage, in our view US Steel shares are inexpensive within the context of... More

Canada stock market back in business after rare shutdown

By John Tilak and Fergal Smith

TORONTO (Reuters) - Canada's stock exchange, the world's sixth largest, was back in business on Monday after a hardware glitch abruptly ended trading on Friday and the exchange operator TMX Group (NYSE: X) said it was working to ensure there will be no repeat of the embarrassing market disruption.

The shutdown was only the second to hit TMX in nearly a decade, but it could potentially encourage investors to explore alternative trading channels, fund managers and traders said.

"It was truly an unprecedented event," TMX... More

US Steel (X) PT Lowered to $42 at Citi on Poor 2Q Guidance; Share Sell-Off a 'Significant Overreaction... Anticipate Uplift in Profits in 2H'

Citi lowered its price target on US Steel (NYSE: X) to $42.00 (from $46.00) while maintaining a Buy rating, following the company's second quarter earnings report.

Analyst Alexander Hacking notes a reduced outlook on the shares, as X reported first quarter earnings per share results above... More

US Steel (X) PT Lowered to $37 at Cowen

Cowen lowered its price target on US Steel (NYSE: X) to $37.00 (from $41.00) while maintaining a Market Perform rating.

UPDATE: US Steel (X) PT Lowered to $49 at Longbow Research

(Updated - April 30, 2018 7:54 AM EDT)

Longbow Research lowered its price target on US Steel (NYSE: X) to $49.00 (from $63.00) while maintaining a Buy rating. US Steel reported slightly better-than-expected 1Q EPS results of $0.32 (Street $0.29) on favorable EBIT contributions from the Flat-Rolled ($33M vs.... More

Canada stock market shutdown pushes investors to explore options

By John Tilak and Fergal Smith

TORONTO (Reuters) - A rare outage at Canada's major stock exchanges could dent the credibility of operator TMX Group Ltd (NYSE: X) and encourage investors to explore alternative trading channels, fund managers and traders told Reuters.

Canada's stock market suffered a partial shutdown on Friday, forcing TMX to halt trading more than an hour early. TMX has since said the exchanges will resume trading on Monday after "internal technical issues" were resolved.

The outage sent investors to TMX competitors and exchanges in New York that listed... More

Canadian exchange operator TMX blames hardware failure for outage

TORONTO (Reuters) - Canada's largest stock exchange operator said on Saturday that the failure of data storage equipment caused an outage that shut down the world's sixth-largest stock market for several hours on Friday afternoon.

TMX Group Ltd (NYSE: X), which operates the Toronto Stock Exchange and smaller Canadian trading platforms, said it had... More

UPDATE: BofA/Merrill Lynch Upgrades US Steel (X) to Buy, Believes Shares are Oversold

(Updated - April 27, 2018 3:17 PM EDT)

(updated to add price target and analyst comment)

BofA/Merrill Lynch upgraded US Steel (NYSE: X) from Neutral to Buy, price target $50.00.

Analyst Timna Tanners says the company's full years earnings power remains intact and believes... More

U.S. Steel (X) Trades Near Low Following Results, Down 11.5%

U.S. Steel (NYSE: X) Trades Near Low Following Results, Down 11.5%

U.S. Steel (X) Declares $0.05 Quarterly Dividend; 0.5% Yield

U.S. Steel (NYSE: X) declared a quarterly dividend of $0.05 per share, or $0.2 annualized.

The dividend will be payable on June 8, 2018, to stockholders of record on May 10, 2018, with an ex-dividend date of May 9, 2018.

The annual yield on the dividend is 0.5... More

U.S. Steel (X) Tops Q1 EPS by 3c

U.S. Steel (NYSE: X) reported Q1 EPS of $0.32, $0.03 better than the analyst estimate of $0.29. Revenue for the quarter came in at $3.15 billion versus the consensus estimate of $3.15 billion.

2018 Guidance

Commenting on U. S. Steels guidance for 2018, Burritt said, "We are beginning the second year of our asset revitalization program, and we are already seeing benefits from the investments in our assets. It is prudent for us to anticipate the... More