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Stock Market & Financial Investment News

News Breaks
June 19, 2014
17:05 EDTAKSAK Steel sees Q2 adjusted EPS (6c)-(2c), may not compare to consensus 10c
AK Steel said it expects to report a Q2 net loss of (23c)-(19c) per diluted share of common stock, which is a substantial improvement over its Q1 results. Adjusted to exclude the loss of 17c per diluted share for mark-to-market losses on derivatives, the company's adjusted net loss for Q2 would be (6c)-(2c) per diluted share. The company noted that, although it has generally experienced improved conditions in the steel markets it serves,Q2 results will be negatively impacted by the lingering effects of the extreme winter weather conditions and by the adverse impact of mark-to-market hedging losses, which the company expects will be substantially offset in the second half of 2014 by lower costs for commodities or by gains in its hedging positions.
News For AKS From The Last 14 Days
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December 22, 2014
13:25 EDTAKSSteel stocks lower after South Korea files dispute on U.S tariffs with WTO
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December 18, 2014
09:21 EDTAKSOn The Fly: Pre-market Movers
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December 17, 2014
18:34 EDTAKSOn The Fly: After Hours Movers
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16:46 EDTAKSAK Steel up 6% after better than expected Q4 outlook
16:32 EDTAKSAK Steel sees Q4 EPS 5c-10c, consensus 4c
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December 12, 2014
08:45 EDTAKSUSW members ratify labor agreement for AK Steel's Ashland Works
AK Steel said that members of United Steelworkers Local 1865 have ratified a new 42-month labor agreement covering more than 800 hourly production and maintenance employees at the company's Ashland, Kentucky Works. The new agreement will take effect following expiration of the existing contract on March 1, 2015. The new agreement will expire on September 1, 2018.

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