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Stock Market & Financial Investment News

News Breaks
August 16, 2013
09:39 EDTAKSUSW members ratify labor agreement for AK Steel workers in Ashland, KY
AK Steel said that members of the United Steelworkers Local 1865 union have ratified an 18-month labor agreement covering more than 800 hourly production and maintenance steel operations employees at the company's Ashland, KY Works. The current agreement expires on September 1. The new agreement takes effect September 1 and expires on March 1, 2015.
News For AKS From The Last 14 Days
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June 30, 2015
14:34 EDTAKSIron ore producers slide after Australia cuts price target on the commodity
Shares of iron ore producers are falling after Reuters reported that Australia reduced its 2015 price forecast for iron ore to $54.40 a tonne from $60.40 a tonne. According to Reuters, Australia's current projection on iron ore prices is based on its view that China, the commodity's main market, will produce less steel in 2015 and 2016 as as the seaborne supply of iron ore increases. PRICE ACTION: Cliffs Natural Resources (CLF) is down over 10%, BHP Billiton (BHP) is lower by 2.3%, and Vale (VALE) is down 4% in afternoon trading. Steel stocks, including United States Steel (X), AK Steel Holding (AKS), and Nuco (NUE) are also sliding in afternoon trading.
June 22, 2015
12:33 EDTAKSSteel stocks lag market after AK Steel sees Q2 results hindered by imports
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June 19, 2015
17:33 EDTAKSAK Steel sees Q2 EPS (42c)-(37c), consensus (27c)
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