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Stock Market & Financial Investment News

News Breaks
July 31, 2013
17:58 EDTAKSAK Steel to ask U.S. to seek further rulings against China
AK Steel said that the Chinese Ministry of Commerce has announced its purported implementation of the recommendations and rulings of the World Trade Organization Dispute Settlement Body regarding MOFCOM's flawed investigation regarding imports of grain oriented electrical steel from the United States. In the GOES case, a WTO dispute panel found that MOFCOM's findings on injury and causation violated China's WTO obligations because, among other things, they were not based on positive evidence and an objective examination of the evidence. "AK Steel applauds the efforts of the United States Trade Representative to enforce China's WTO obligations in this dispute," said James Wainscott, CEO of AK Steel. "We are disappointed that the Government of China has chosen to disregard its WTO obligations, and we will continue to urge the U.S. Government to seek further rulings that China has not complied with the DSB's recommendations and rulings." AK Steel will also request that the U.S. Government seek WTO authorization to impose retaliatory tariffs against certain imports from China until China comes into compliance by revoking the antidumping and countervailing duty measures on GOES from the United States.
News For AKS From The Last 14 Days
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October 21, 2014
11:51 EDTAKSU.S. to end deal sheltering Russia from flat-rolled steel duties, Reuters says
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October 17, 2014
12:33 EDTAKSAK Steel trading higher after Nomura upgrade
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10:00 EDTAKSOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AK Steel (AKS) upgraded to Buy from Neutral at Nomura... AMD (AMD) upgraded to Sector Perform from Underperform at Pacific Crest... Atlantic Power (AT) upgraded to Market Perform from Underperform at BMO Capital... Basic Energy (BAS) upgraded to Outperform from Market Perform at Cowen... BorgWarner (BWA) upgraded to Buy from Hold at Deutsche Bank... CA Technologies (CA) upgraded to Overweight from Equal Weight at Barclays... Calumet Specialty Products (CLMT) upgraded to Outperform at Wells Fargo... DHT Holdings (DHT) upgraded to Buy from Hold at Evercore... Exelon (EXC) upgraded to Neutral from Sell at Citigroup... Fifth Third Bancorp (FITB) upgraded to Buy from Neutral at Citigroup... Goldman Sachs (GS) upgraded to Outperform from Market Perform at Keefe Bruyette... Helmerich & Payne (HP) upgraded to Buy from Neutral at UBS... Hilton (HLT) upgraded to Buy from Neutral at SunTrust... Hyatt Hotels (H) upgraded to Outperform from Neutral at Macquarie... IPG Photonics (IPGP) upgraded at Stifel... ITC Holdings (ITC) upgraded to Neutral from Underperform at Credit Suisse... Manpower (MAN) upgraded to Outperform from Market Perform at Avondale... Nabors Industries (NBR) upgraded to Outperform from Market Perform at Cowen... Newpark Resources (NR) upgraded at Cowen... Old Dominion (ODFL) upgraded to Buy from Neutral at Longbow... PDC Energy (PDCE) upgraded at SunTrust... Patterson-UTI (PTEN) upgraded to Buy from Neutral at UBS... PrivateBancorp (PVTB) upgraded to Outperform from Neutral at Macquarie... QLogic (QLGC) upgraded to Buy from Hold at Summit Research... RPC, Inc. (RES) upgraded at Cowen... Sonoco (SON) upgraded to Neutral from Underperform at DA Davidson... Southwestern Energy (SWN) upgraded to Outperform from Market Perform at Raymond James... SunEdison (SUNE) upgraded to Outperform at Cowen... TSMC (TSM) upgraded to Buy from Neutral at Mizuho... Tesco (TESO) upgraded to Outperform from Market Perform at Cowen... UnitedHealth (UNH) upgraded to Outperform from Market Perform at Leerink... Xilinx (XLNX) upgraded to Outperform from Market Perform at Wells Fargo.
09:17 EDTAKSOn The Fly: Pre-market Movers
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08:48 EDTAKSBofA/Merrill global steel analysts hold analyst/industry conference call
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06:44 EDTAKSAK Steel upgraded to Buy from Neutral at Nomura
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