U.S. Steel comes out with a full year profit hike, citing President Trump's new steel tariffs.
U.S. equity markets came roaring back Monday as investors bet that a few cents more for a can of soup, or maybe a few hundred bucks more for a pickup truck, is a small price to pay for a turbo-charged domestic corporate environment.
Trade war fears are starting to rip through Wall Street thanks to upcoming tariffs on steel and aluminum by the Trump administration. Investors should start being worried.
Analysts called the deal "surprising" and "pricey," but industry growth may justify the premium.
Looks like the cereal and snacks giant has gone on the hunt for a dog food company.