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AK Steel Holding Corp (AKS.N)

AKS.N on New York Stock Exchange

6.20USD
21 Jul 2017
Change (% chg)

$-0.26 (-4.02%)
Prev Close
$6.46
Open
$6.46
Day's High
$6.47
Day's Low
$6.20
Volume
3,231,249
Avg. Vol
3,328,314
52-wk High
$11.38
52-wk Low
$3.87

Latest Key Developments (Source: Significant Developments)

AK steel to purchase Precision Partners Holding Company
Monday, 3 Jul 2017 06:45am EDT 

July 3 (Reuters) - AK Steel Holding Corp ::AK Steel to purchase Precision Partners Holding Company.AK Steel Holding Corp- deal for for $360 million in cash.AK Steel Holding Corp - AK Steel intends to finance acquisition with a combination of debt and equity securities.  Full Article

Integrated Core Strategies reports 6.9 pct passive stake in AK Steel Holding as of June 15
Monday, 26 Jun 2017 05:12pm EDT 

June 26 (Reuters) - Integrated Core Strategies LLC::Integrated Core Strategies (Us) LLC reports a 6.9 percent passive stake in AK Steel Holding Corp as of June 15 - sec filing.  Full Article

AK Steel Holding extends expiration of labor contact with United Autoworkers, Local 600
Thursday, 1 Jun 2017 10:41am EDT 

June 1 (Reuters) - AK Steel Holding Corp ::Co, United Autoworkers, Local 600 agreed to extend expiration of labor contact from March 31, 2017 to May 31, 2017 - SEC filing.On May 31, 2017, company and UAW Local 600 agreed to continue to negotiate in good faith to reach a new labor agreement​.Company and UAW Local 600 shall proceed to operate under terms and conditions of labor agreement​.  Full Article

Appaloosa LP takes share stake in Snap Inc and GM, ups share stake in Yahoo
Friday, 12 May 2017 04:30pm EDT 

May 12 (Reuters) - Appaloosa LP::Appaloosa LP takes share stake of 100,000 class A shares in Snap Inc - SEC filing.Appaloosa LP takes share stake of 534,327 shares in AK Steel Holding Corp.Appaloosa LP ups share stake in Yahoo Inc by 63.0 percent to 2.2 million shares.Appaloosa LP ups share stake in Kinder Morgan Inc by 29.7 percent to 5.3 million shares.Appaloosa LP cuts share stake in Mylan NV by 42.0 percent to 1.9 million shares.Appaloosa LP takes share stake of 5.2 million shares in GM.Appaloosa LP - change in holdings are as of March 31, 2017 and compared with the previous quarter ended as of Dec 31, 2016.  Full Article

AK Steel Q1 earnings per share $0.19
Tuesday, 25 Apr 2017 08:30am EDT 

April 25 (Reuters) - AK Steel :AK Steel announces financial results for first quarter 2017.Q1 earnings per share $0.19.Q1 sales $1.53 billion versus I/B/E/S view $1.48 billion.Q1 earnings per share view $0.14 -- Thomson Reuters I/B/E/S.AK Steel Holding Corp - qtrly average selling price per ton increased 12% to $1,022 from $914.AK Steel Holding Corp - Q1 shipments declined 10% to 1,486,900 tons compared to Q1 a year ago.AK Steel Holding Corp says company ended Q1 of 2017 with total liquidity of approximately $1.5 billion, consisting of cash and cash equivalents.AK Steel Holding Corp - Q1 shipments declined as a result of continued efforts to reduce sales of lower margin products.  Full Article

AK Steel Holding CEO Roger Newport's 2016 total compensation $4.2 mln
Monday, 10 Apr 2017 07:08am EDT 

AK Steel Holding Corp :CEO Roger Newport's FY 2016 total compensation $4.2 million versus $1.5 million in FY 2015 - SEC filing.  Full Article

AK Steel Holding Corp says AK Steel Corp agrees with UAW, local 600 to extend current labor agreement
Thursday, 23 Mar 2017 01:19pm EDT 

Ak Steel Holding Corp : AK Steel Corporation announced has agreed with united Auto Workers, local 600 to extend current labor agreement for two months .Current labor agreement with UAW local 600 will remain in effect until May 31, 2017 - SEC filing.  Full Article

AK Steel announces pricing of $400 mln of senior notes due 2027
Thursday, 16 Mar 2017 06:15pm EDT 

Ak Steel Holding Corp : Ak steel announces pricing of $400,000,000 of senior notes due 2027 . Ak steel holding corp- successfully priced its public offering $400 million aggregate principal amount of 7% senior notes due 2027 .Ak steel holding corp - ak steel will pay interest on notes semi-annually on march 15 and september 15 of each year.  Full Article

AK Steel announces offering of common stock
Wednesday, 26 Oct 2016 04:05pm EDT 

AK Steel : AK Steel announces offering of common stock . Says offering 65.0 million common shares .To use net proceeds from sale of common stock to repay outstanding borrowings under $1.5 billion asset-based revolving credit facility.  Full Article

AK Steel Holding Corp Q3 earnings per share $0.21
Tuesday, 25 Oct 2016 08:30am EDT 

Ak Steel : Ak steel reports financial results for third quarter 2016 . Q3 earnings per share $0.21 . Q3 earnings per share view $0.13 -- Thomson Reuters I/B/E/S . Q3 sales $1.45 billion versus i/b/e/s view $1.47 billion . Ak steel holding Corp - average selling prices for nine months ended september 30, 2016 of $960 per ton were 1% higher .Ak steel holding corp says shipments of 1,425,900 tons for q3 of 2016 were 24% less than 1,871,200 tons from q3 a year ago.  Full Article

BRIEF-AK steel to purchase Precision Partners Holding Company

* AK Steel Holding Corp - AK Steel intends to finance acquisition with a combination of debt and equity securities Source text for Eikon: Further company coverage: