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How Will AK Steel (AKS) Stock React to Federal Government's Duties Confirmation?
2014-10-08 21:48:25| Steel - Topix.net
The U.S. Department of Commerce said Tuesday it would impose duties on imports of non-oriented electrical steel, which is used in generators, motors, and transformers, from China, Japan, Germany, Sweden, South Korea, and Taiwan. The fees range from 6.88% for South Korean companies such as Daewoo International to up to 407.52% for some Chinese companies.
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Will This Upgrade Help AK Steel (AKS) Stock Today?
2014-10-02 16:16:27| Steel - Topix.net
The analyst firm set a price target of $7.25 for the steelmaker. The upgrade is due to a valuation call as the stock is down 22% in recent weeks, according to Deutsche Bank analysts.
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upgrade
One Factor Driving Down AK Steel (AKS) Stock Today
2014-10-01 02:19:29| Steel - Topix.net
The firm believes that U.S. Steel could report earnings below expectations due to increased inventories, plummeting scrap prices and increasing U.S. steel imports. The latter two reasons for the pessimism are industry wide problems.
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One Factor Driving Down AK Steel (AKS) Stock Today
2014-10-01 02:19:28| Steel - Topix.net
The firm believes that U.S. Steel could report earnings below expectations due to increased inventories, plummeting scrap prices and increasing U.S. steel imports. The latter two reasons for the pessimism are industry wide problems.
Tags: today
stock
factor
driving
Why AK Steel (AKS) Stock Is Gaining Today
2014-09-16 22:49:19| Steel - Topix.net
Market Realist analyst Mark O'Hara recently wrote a note detailing that he believes AK Steel is set to experience major growth since the automotive sector, which accounts for the majority of AK Steel's revenue, has been growing at a steady rate that is expected to continue into the near term. However, O'Hara also noted that such revenue stream concentration could prove to be costly if there is an unexpected downturn in the automotive industry.
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stock
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gaining
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