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Stock Market & Financial Investment News

News Breaks
June 18, 2013
08:07 EDTAKSAK Steel risk/reward remains favorable, says Wells Fargo
After AK Steel issued a negative preannouncement, Wells Fargo says the miss was not a surprise. The firm, however, believes that the company can benefit from lower iron ore prices and an accelerated economic recovery. It says the stock is "not for the faint of heart," but keeps an Outperform rating on the shares.
News For AKS From The Last 14 Days
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July 28, 2015
11:38 EDTAKSAK Steel says trade cases are already showing benefits
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11:35 EDTAKSAK Steel sees level of unfairly traded products declining
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11:34 EDTAKSAK Steel sees less cash requirements for 2015 than prior year
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10:33 EDTAKSAK Steel, other producers file trade cases related to cold-rolled steel
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08:32 EDTAKSAK Steel expects 'improved results' for Q3 and 2H15
The company commented, "Chief among these reasons are anticipated higher shipments, improving carbon steel spot market prices, increased production levels resulting in lower per ton operating costs, and the continuing benefit of lower raw materials costs, in particular, iron ore. The company expects shipments to customers in its largest market, automotive, to remain strong. In addition, the company expects the level of what the company believes are unfairly traded imports of carbon steel products will continue to decline in the second-half of the year, principally because of the pending and anticipated future steel industry trade cases, resulting in increased domestic steel shipments and a continuing improving trend in selling prices."
08:32 EDTAKSAK Steel reports Q2 shipments 1.81M tons vs. $1.40M tons last year
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08:31 EDTAKSAK Steel reports Q2 EPS (36c), consensus (37c)
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July 20, 2015
13:20 EDTAKSOptions with increasing put volume: CPN AKS HST BEN TTM
July 16, 2015
17:33 EDTAKSSteel Dynamics announces ITC preliminary decision on imports
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15:43 EDTAKSAK Steel applauds ITC preliminary ruling in corrosion-resistant steel proceeding
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July 15, 2015
12:02 EDTAKSAllegheny Technologies dives after slashing Q2 outlook, peers follow
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