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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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April 28, 2015
08:34 EDTAKSAK Steel expects to provide guidance in June for Q2 results
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08:33 EDTAKSAK Steel concluded that 49.9% interest in Magnetation is impaired
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08:33 EDTAKSAK Steel says carbon steel spot market selling prices declined throughout Q1
The lower carbon steel spot market selling prices, combined with the higher proportion of hot-rolled coil shipments in the overall sales mix following the Dearborn acquisition, resulted in the company's average selling price for the first quarter of 2015 decreasing 9% compared to the first quarter of 2014.
08:32 EDTAKSAK Steel reports Q1 shpiments of 1.75M tons
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08:32 EDTAKSAK Steel reports Q1 adjusted EPS (28c), consensus (25c)
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April 27, 2015
15:04 EDTAKSNotable companies reporting before tomorrow's open
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April 15, 2015
11:33 EDTAKSAK Steel announces the retirement of Chief Legal and Administrative Officer
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10:46 EDTAKSBofA/Merrill metals/mining/steel analysts hold analyst/industry conference call
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