Armco Metals ( AMCO +63.8% ) pops more than 60% at the open on news that its Renewable Metals subsidiary has reached a steel scrap
warned that steel prices would drop and hit shares of AK Steel ( AKS -0.9% ) and US Steel ( X +1.4% ), is back with ..... May. The analyst cuts his earnings estimates for X, AKS , Nucor ( NUE ) and Steel Dynamics ( STLD ), though he
reduction in domestic steel prices equates to roughly $450M in EBITDA headwinds, which are hard to offset merely by cost reductions. Other steel producers also feel the pain: TS -6.1% , AKS -4.1% , NUE -0.6% . Post your comment!
By Paul Boland : Cliffs Natural Resources ( CLF ) was up over 8% at the end of Thursday, February 6th, which is the first significant increase since Casablanca Capital announced their 5.2% stake in the company on January 28th. While there was an initial surge in the stock price on January 28th ...
By Paul Boland : US Steel ( X ) and AK Steel Holding Corp ( AKS ) have both had an interesting week, as they both ..... originally expected by analysts. Also on Tuesday, AKS reported earnings that beat expectations for EPS by
Wainscott took the helm as CEO in 2003 when AK Steel was on particularly unsteady ground. Wainscott recognized that AK Steel ’s inflated cost structure prevented ..... labor costs significantly by reducing AK Steel ’s employee headcount by 30% while
Although investors cheered AK Steel ’s fourth-quarter earnings result, the ..... continues to burn cash. To close out 2013, AK Steel turned in its first profitable quarter ..... million. From an operating perspective, AK Steel actually commanded lower average selling
AK Steel ( AKS +19% ), which reported a Q4 profit that ..... are moving in different directions today: AKS has jumped nearly 20%, while US Steel has dropped more than 1%. AKS beat forecasts primarily due to higher shipments
Top 10 Gainers: BGMD +28% . RCON +21% . LTRX +20% . WBAI +18% . OGEN +17% . CBM +16% . KRA +16% . DL +15% . AKS +16% . SCLN +15% . Top 10 Losers: RCII -20% . KOOL -13% . VIP -12% . STX -12% . ATE -11% . LIVE -10% . IFON
Gainers: TXMD +20% . CLF +14% . SANM +13% . ORMP +11% . AKS +8% . OSK +6% . CTIC +6% . OTCQB:ADMP +6% . Losers: RCII -16% . LIVE -13% . ATAX -7% . AAPL -7% . TTS -7% . CRUS -6% . GLW -5% . STX -5% . HIMX -5% Post your comment!