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Stock Market & Financial Investment News

News Breaks
June 16, 2014
10:31 EDTAKSAK Steel gaps up following upgrade, levels to watch
Shares were last up 6% to $6.81, which follows a large gap up this morning to $6.74. BofA/Merrill upgraded the shares to Buy, with a $10 price target. The session low at $6.74, the opening price, is current support. Next support below would be at $6.62. Resistance is at $6.93, the session high. The move up today reinforces the turn in trend to positive which has developed in the last month.
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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