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Stock Market & Financial Investment News

News Breaks
February 24, 2014
08:19 EDTAKSUSW members ratify labor agremeent for AK Steel's Mansfield Works
AK Steel said that members of the United Steelworkers Local 169 have ratified a three-year labor agreement covering about 280 hourly production and maintenance employees at the company's Mansfield Works. The current agreement expires on March 31. The new agreement will take effect on March 31 and expire on March 31, 2017.
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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