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AK Steel: Strong Despite Soft Guidance And Share Offering
2014-09-10 09:52:34| Steel - Topix.net
AK Steel has recently released its third quarter guidance, which came below analysts' expectations. According to Yahoo! Finance , the street's consensus was a third-quarter profit of $0.15 per share.
Tags: share
strong
soft
offering
Steel Dynamics Announces Completion of Note Offering
2014-09-10 05:37:47| Steel - Topix.net
9, 2014 /PRNewswire/ -- Steel Dynamics, Inc. announced today that it has consummated the sale of aggregate principal amount of its 5.500% Senior Notes due 2024 in a private offering to qualified institutional buyers under Rule 144A of the Securities Act of 1933 and to persons outside pursuant to Regulation S. The Company intends to use the proceeds of this offering along with cash on hand and credit available under its existing senior secured credit facility to finance the Company's planned acquisition of Severstal Columbus, LLC, announced on The Notes have not been registered under the Securities Act of 1933, or any state securities laws, and may not be offered or sold in , absent registration under, or an applicable exemption from, the registration requirements of the Securities Act of 1933 and applicable state laws.
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offering
steel
completion
Is It Time to Buy United States Steel Stock?
2014-09-10 01:22:06| Steel - Topix.net
The stock, meanwhile, is down over 75% since peaking in mid-2008. However, now could be a good time In the first decade of the 2000s, China was growing at double-digit rates.
Chart of the Day: Here's why AK Steel stock has fallen from its 52-week high
2014-09-09 21:07:44| Steel - Topix.net
Shares of the company hit the highest point in the last year at $11.37 as of Aug. 26. That followed positive earnings estimate revisions, as well as a recent International Trade Commission decision to put antidumping duties on steel imports from several countries.
Cowen and Company Boosts Steel Dynamics Price Target to $28.00
2014-09-08 18:21:48| Steel - Topix.net
Cowen and Company's price objective suggests a potential upside of 15.51% from the company's current price. Other equities research analysts have also recently issued reports about the stock.
Tags: price
company
target
steel
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