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Overview Tariffs and trade wars are on the minds of almost all investors. The past two weeks have seen a dramatic shift in sentiment regarding resolution of tariffs and trade wars. Many investors believed that a trade deal was imminent between the U.S and China. However, the recent rhetori...
U.S. Steel (NYSE: X ) -4.9% pre-market after UBS downgrades shares to Sell from Neutral with a Street-low $10 stock price target, saying near-term capital investment will not reverse market share losses in the coming years. More news on: United States Steel Corporation, VanEck Vectors ...
WEST CHESTER, Ohio, May 07, 2019 (GLOBE NEWSWIRE) -- WEST CHESTER, OH, May 7, 2019—AK Steel (NYSE: AKS) said today that the company’s Middletown, Ohio coke plant has received the Max Eward Safety Award for 2018 from the American Coke and Coal Chemicals Institute (ACCCI), a lea...
AK Steel ( AKS ) is a leading producer of flat-rolled carbon, stainless, and electrical steel products, primarily for the automotive, infrastructure, and manufacturing, including electrical power and distributors and converters markets. Currently, AKS is trading relatively close to its 52-we...
U.S. Steel ( X +12.3% ) bounces off YTD lows following strong Q1 results , including a 12% Y/Y increase in adjusted EBITDA to a much higher than forecast $285M; in the previous quarter, the company had guided EBITDA sharply below market estimates. More news on: United States Steel Corpo...
It's a while ago since I wrote my most recent AK Steel ( AKS ) article when I discussed the bear case. Back then, I was bearish due to an economic peak and global growth slowing. AK Steel's stock price has continued to decline since then, and even the most recent earnings beat did not real...
WEST CHESTER, Ohio, May 01, 2019 (GLOBE NEWSWIRE) -- AK Steel (NYSE: AKS) said today that members of the United Steel Workers (USW), Local 9545, have ratified a three year labor agreement covering about 220 hourly production and maintenance employees at the company’s Mountain State C...
In my previous article on AK Steel ( AKS ), I suggested that the market was unlikely to buy into the company shares before it sees the first-quarter report. Now that the earnings report is out, it’s time to re-evaluate the situation. AK Steel reported a net loss of $4.5 million, o...
AK Steel ( AKS -2.4% ) easily beat Q1 earnings estimates yesterday, but KeyBanc warns some extraordinary items and lukewarm guidance may mean the company is not as strong below the surface as the results indicated. More news on: AK Steel Holding Corporation, Commodities news, St...
AK Steel Holding Corporation (AKS) Q1 2019 Results Conference Call April 30, 2019 08:30 AM ET Company Participants Doug Mitterholzer - General Manager, IR and Assistant Treasurer Roger Newport - CEO Kirk Reich - President and COO Jaime Vasquez - VP, Finance and CFO Conferenc...
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Nucor Corp. (NYSE: NUE) stock is currently trading at a five-year low. In fact, the shares are very near a 10-year low as well. At this point, they are down around 50% from the highs reached in early 2018. That's a painful decline, to be sure, but the bigger question now is whether or not th...
Are These 5 Names On Your List Of Penny Stocks To Watch This Week? This was a crazy week for trading penny stocks and blue-chip stocks alike. not only did we see massive swings in either direction, but headlines were also a huge force too. Whether it was the latest news of coronavirus cas...
Cleveland-Cliffs Inc. (NYSE: CLF) (“Cliffs”) and AK Steel Holding Corporation (NYSE: AKS) (“AK Steel”) jointly announced that, at their respective special shareholder/stockholder meetings held earlier today, the shareholders of Cliffs and the stockholders of AK Ste...