Edition:
United States

AK Steel Holding Corp (AKS)

AKS on New York Consolidated

5.80USD
26 May 2017
Change (% chg)

$-0.14 (-2.36%)
Prev Close
$5.94
Open
$5.95
Day's High
$5.97
Day's Low
$5.78
Volume
9,098,231
Avg. Vol
20,349,805
52-wk High
$11.39
52-wk Low
$3.87

Latest Key Developments (Source: Significant Developments)

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

AK Steel enters settlement agreement with Magnetation and units in chapter 11 bankruptcy
Monday, 29 Aug 2016 07:08am EDT 

AK Steel Holding Corp: Entered into global settlement agreement with Magnetation LLC and its affiliates in chapter 11 bankruptcy - SEC Filing . After bankruptcy court approval of transaction, co agreed to make cash contribution of $37.5 million to Magnetation's chapter 11 estate . Following payment, Co's offtake agreement with Magnetation will terminate, co to cease purchasing iron ore pellets from Magnetation . Currently anticipates that it can purchase replacement iron ore pellets from third party producers . Expects to incur a one-time charge of $37.5 million in quarter .Magnetation may terminate settlement if it receives bona fide offer for alternative deal providing for better recovery to chapter 11 estate.  Full Article

AK Steel says UAW members ratify labor agreement for Butler Works
Wednesday, 10 Aug 2016 06:50am EDT 

Ak Steel Holding Corp : UAW members ratify labor agreement for Butler Works . UAW ratified 2-1/2 year labor agreement covering about 1,200 hourly production, maintenance employees at co's Butler Works .Labor agreement will be in effect until April 1, 2019.  Full Article

AK Steel Q2 earnings per share $0.08
Tuesday, 26 Jul 2016 08:30am EDT 

AK Steel Holding Corp : In q2, shipments of 1.6 million tons represented a decline of 14% compared to 1.8 million tons from q2 a year ago . Company's average selling price for first half of 2016 was $935 per ton, a decrease from $965 per ton for first half of 2015 . Ak steel reports financial results for second quarter and first half 2016 . Q2 earnings per share $0.08 . Q2 sales $1.49 billion versus i/b/e/s view $1.53 billion .Q2 earnings per share view $-0.02 -- Thomson Reuters I/B/E/S.  Full Article

More From Around the Web

BRIEF-AK Steel Q1 earnings per share $0.19

* AK Steel announces financial results for first quarter 2017