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AK Steel's Stock Holds On To Early Morning Gains Following Q4 Results
Tuesday, January 26, 2016 - 1:09pmRead More...Shares of AK Steel Holding Corporation (NYSE: AKS) were trading higher by more than 5.7 percent early Tuesday afternoon following the release of the company's fourth quarter results. AK Steel's stock opened for trading at $2.00 and quickly see-sawed to an intra-day low of $1.89 and...
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Jefferies Presents Upside And Downside Scenarios For AK Steel
Wednesday, January 28, 2015 - 11:09amRead More...Following AK Steel Holding Corporation's (NYSE: AKS) fourth-quarter report on Tuesday, Luke Folta of Jefferies on Wednesday suggested potential upside and downside scenarios for the company. Folta notes that AK Steel is among the highest steel-related company that is levered to weakening...
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AK Steel, Southern Copper And Others Insiders Have Been Buying
Monday, November 10, 2014 - 7:37amRead More...Huntsman and Southern Copper have seen some huge insider buying recently, even as the markets hit new highs. Insiders may sell shares for any number of reasons, but conventional wisdom says that insiders really only buy shares of a company for one reason -- they believe the stock price will...
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Markets Reverse Early Morning Losses; Still Lower On The Day
Thursday, August 28, 2014 - 3:40pmRead More...U.S. stocks declined as geopolitical concerns outweighed an improved economic read on second-quarter growth. Ukraine's President stated that Russian troops had crossed in to Ukraine territory and were fighting alongside Russian supported separatists. Markets initially traded lower on the...
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Yellen's Speech Not Enough To Keep Dow, S&P 500 In Positive Territory
Friday, August 22, 2014 - 3:36pmRead More...U.S. stocks were mostly lower as the tense situation in Ukraine was brought back in the spotlight following a report from NATO who observed an alarming rise in Russian forces near the Ukraine border. Speaking at Jackson Hole, Fed Chair Janet Yellen stated that 19 labor market indicators the Fed...
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Market Wrap For June 16: M&A Frenzy Keep Indices In Positive Territory
Monday, June 16, 2014 - 3:33pmRead More...U.S. stocks closed the day slightly higher as a mergers and acquisition heavy trading session eased fears over escalating violence in Iraq. The New York Federal Reserve's Empire State index for June showed that business conditions in June rose from May. In fact, June's reading proved...
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Market Wrap For April 23: S&P 500 Ends Winning Streak, Apple Announces 7-for-1 Stock Split
Wednesday, April 23, 2014 - 3:46pmRead More...U.S. stocks fell after the S&P 500 and Nasdaq has risen for six consecutive trading sessions after new home sales data came in worse than expected. Investors could reasonably expect the markets to cool off after six straight days of gains especially as earnings continue to come in mixed....
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AK Steel Earnings Recap: Losses Widen, Production Issues
Tuesday, April 22, 2014 - 12:19pmRead More...On Tuesday AK Steel (NYSE: AKS) reported its first quarter results. The steel-maker earned a net loss of $0.40 per share, beating the consensus estimate which called for a net loss of $0.43 per share. Revenue of $1.38 billion fell short of the consensus estimate by $20 million. In the quarter, AK...
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Market Wrap For March 21: Markets End Friday On A Negative Note, But Still Positive For The Week
Friday, March 21, 2014 - 3:38pmRead More...U.S. stocks slipped to negative territory aided in part by Friday being a quadruple witching trading session. Major indices sold off in the afternoon as investors likely took some chips off the table going in to an uncertain weekend with the situation in Ukraine far from resolved. The S&P...
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Market Wrap For January 16: Markets End Two Day Winning Streak
Thursday, January 16, 2014 - 4:46pmRead More...The market took a bit of a breather Thursday following two strong days of gains. Earnings from two major banks failed to keep the momentum alive and investors focused on Best Buy's (NYSE: BBY) disappointing holiday guidance which contradicts the strong retail sales report earlier this week....
