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Stock Market & Financial Investment News

News Breaks
November 9, 2012
17:42 EDTAKSAK Steel announces stainless steel price increase
AK Steel will increase base prices for all 200, 300 and 400 series flat rolled stainless steel products, effective with shipments on December 30. AK Steel said this increase will be achieved through a reduction in the functional discount of four percentage points for cold rolled and hot rolled products. Base prices of automotive exhaust grades will increase by 4c per pound. All raw material surcharges for stainless steel products, including those for materials under .015-inch thickness, will remain in effect.
News For AKS From The Last 14 Days
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September 16, 2014
14:34 EDTAKSAK Steel sees Severstal Dearborn acquisition accretive to earnings
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September 11, 2014
08:04 EDTAKSAK Steel 35M share Secondary priced at $9.00
BofA/Merrill, Credit Suisse and JPMorgan acted as joint book running managers for the offering.
September 8, 2014
06:51 EDTAKSAK Steel files to sell 35M shares of common stock
The joint book-running managers for the common stock offering are BofA Merrill Lynch, Credit Suisse and J.P. Morgan. The joint book-running managers for the notes offering are Credit Suisse, Citigroup and J.P. Morgan.
September 3, 2014
08:51 EDTAKSU.S. Steel Steel Dynamics at Morgan Stanley
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08:40 EDTAKSAK Steel sees Q3 5c-10c, may not compare to consensus of 26c
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