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Stock Market & Financial Investment News

News Breaks
November 30, 2012
12:04 EDTMT, AKSArcelorMittal patent infringement suit against AK Steel revived
The U.S. Court of Appeals for the Federal Circuit ruled that a new trial is required in the patent infringement lawsuit brought by ArcelorMittal (MT) against AK Steel (AKS) and Severstal. The appeals court determined that the lower court’s claim construction error prevented the jury from properly considering ArcelorMittal’s evidence. The patent at the center of the suit covers boron steel sheet with an aluminum-based coating applied after rolling the sheet to its final thickness, according to a court filing. The process is used in the manufacture of automobile parts. Reference Link
News For MT;AKS From The Last 14 Days
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July 29, 2014
11:33 EDTAKSAK Steel seeing some signs of recovery in electrical steel sector
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08:32 EDTAKSAK Steel reports Q2 shipments of 1.40M tons
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08:31 EDTAKSAK Steel reports Q2 adjusted EPS 2c, consensus (4c)
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July 28, 2014
15:47 EDTAKSNotable companies reporting before tomorrow's open
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July 21, 2014
06:56 EDTAKSAK Steel to host conference call
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05:18 EDTAKSAK Steel to acquire Severstal Dearborn for $700M cash
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July 20, 2014
13:15 EDTAKSSeverstal close to U.S. plant sales to Steel Dynamics, AK Steel, Bloomberg says
Russian steelmaker OAO Severstal is set to sell two U.S plants to Steel Dynamics (STLD) and AK Steel (AKS) in a deal that may value the assets at just over $2B, says Bloomberg. Reference Link

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