Follow Steve on Twitter: @MKTWgoldstein. AK Steel produces flat-rolled carbon, stainless and electrical steel products, primarily for automotive, infrastructure and manufacturing, construction and electrical power generation and distribution markets. With a price/sales ratio of 0.15, NA has a higher such ratio than just 4.47% of stocks in our set. Sign Up. Video News Best Stocks "A" Rated Stocks Upgrades/Downgrades High Yield Dividend Stocks Stock Screener Industry Rank Best ETFs "A" Rated ETFs Best ETF Categories High Yield ETFs 7 Best ETFs POWR Ratings™ Upgrades/Downgrades Watchlist Screener Services .
View detailed financial information, real-time news, videos, quotes and analysis on AK Steel Holding Corporation (NYSE:AKS).
Cleveland-Cliffs had a market cap of $2.27 billion on Monday.The total enterprise value of the deal was about $3.0 billion, as AK Steel had $1.97 billion in long-term debt as of Sept. 30. AK Steel Holding Corp. was delisted and deregistered from the New York Stock Exchange after Cleveland-Cliffs, Inc. (NYSE:CLF) finalized its $3 billion acquisition of the company March 13.
AKS 1.55 0.25 (13.89%) NYSE Updated Mar 13, 2020 4:00 AM. AK Steel (AKS) stock price, charts, trades & the US's most popular discussion forums. The company was founded in 1993 and is based in West Chester, Ohio.Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com! AKS Stock Summary.
Personal Finance AKS Stock Summary. ... Steel Stocks Rise for Second Day Amid New Trump 'Buy American' Rules. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. Cleveland-Cliffs Inc. CLF and AK Steel Holding Corporation AKS recently announced that ... issued and outstanding shares of AK Steel common stock. aks / ak steel holding corp. / state street corp passive investment. One thing's for sure: It didn't actually "earn" anything.The steelmaker is benefitting from a bullish view on steel demand.AKS earnings call for the period ending September 30, 2019.AKS earnings call for the period ending March 31, 2019.AKS earnings call for the period ending December 31, 2018.AKS earnings call for the period ending September 30, 2018.The Company is a fully-integrated producer of flat-rolled carbon, stainless and electrical steels and tubular products through its wholly-owned subsidiary, AK Steel Corporation. Moody's has decided to withdraw the ratings because of inadequate information to monitor the ratings, due to the issuer's decision to cease participation in the rating process.He called bottom of stocks in '09, and recommended AMZN before it soared an extraordinary 1,800%. With a price/sales ratio of 0.15, NA has a higher such ratio than just 4.47% of stocks in our set. Van Meerten Stock Picks. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.The Company is a fully-integrated producer of flat-rolled carbon, stainless and electrical steels and tubular products through its wholly-owned subsidiary, AK Steel Corporation.Cleveland-Cliffs has announced plans to buy AK Steel, creating a vertically integrated steel company. You can follow him on Twitter @TomiKilgore.Steven Goldstein is based in London and responsible for MarketWatch's coverage of financial markets in Europe, with a particular focus on global macro and commodities. Rooms Trade App. Or maybe it missed them. Real time AK Steel Holding (AKS) stock price quote, stock graph, news & analysis. 14,096 … By using this site you agree to the Log In. At Tuesday’s closing prices, the deal would value AK Steel stock at about $3.00, or 3.8% above Monday’s closing price.All-stock deals often cause the acquiring company’s shares to fall, as issuing new stock to fund the acquisition would dilute shareholder value.The merger announcement comes a day after President Donald Trump gave Cleveland-Cliffs shareholders will own 68% of the combined company, which will be led by current Cleveland-Cliffs Chairman and Chief Executive Lourenco Goncalves. More Headlines » Dividend Growth History Investors should be worried.Steelmakers could see a bounce due to the USMCA’s protectionist provisions and labor standards, as long as cars don’t become too expensive.Wall street didn’t like the idea at first, but the transaction should benefit both companies.Online sales on Cyber Monday hit projections for a new record, and Cleveland-Cliffs plans to acquire AK Steel in a bid to create a vertically integrated steel company.The iron ore producer is making a bold move to vertically integrate the steel industry.On a bad day on Wall Street, these stocks still held up well.AKS earnings call for the period ending September 30, 2019.Steel prices aren't rebounding as planned, and profits just plummeted.The United States and China reached a partial deal in the ongoing trade war.Top steel stocks have lost between 24% and 64% of their value over the past year.The iron ore producer is making a bold move to vertically integrate the steel industry.Steel prices aren't rebounding as planned, and profits just plummeted.AK stock is red hot after an earnings beat and a guidance raise.The steel market is pretty cool right now, but one supplier to the industry predicts it will heat up as the year progresses.No one ever promised the stock market would make sense.What's bad for one steelmaker could be bad for others.The outlook for long-struggling AK Steel is starting to improve, at least according to Wall Street.Trade policy news created a roller coaster ride for the steel giant's shareholders.AK Steel beat earnings.
The ratings were withdrawn due to insufficient information to maintain the Credit Rating.