AK Steel Holding Corp (AKS.N)
22 Jul 2014
|Market Cap (Mil.):||$1,156.58|
|Shares Outstanding (Mil.):||136.71|
LONDON/MOSCOW - Russia's Severstal CHMF.MM said it would sell two U.S. steel plants for $2.3 billion, withdrawing from the U.S. market at a time of rising tension between Russia and the West and turning its focus to its domestic business.
* Analysts anticipate dividends; deal to reduce debt (Adds details on buyers, share movement)
July 21 - Steel Dynamics Inc will buy Severstal's Columbus mini-mill for $1.62 billion in cash, and AK Steel will buy the Russian steelmaker's assets in Dearborn, Michigan for $700 million in cash.
THOMSON REUTERS, May 29,2014 - Corporate Meetings for US companies for Week ahead. S&P 500 Earnings - Weekly S&P 500 Earnings - Day Ahead Non S&P 500 - Weekly Non S&P 500 - Day Ahead ConferenceCall/Webcast - Weekly ConferenceCall/Webcast - Day S&P 500 Earnings - Monthly Meetings - Day Ahead Economic Indicators Dividends Daily earnings hits & misses Federal Rese
April 22 - AK Steel Holding Corp reported a bigger quarterly loss, hurt by higher operating costs.
March 21 - AK Steel Holding Corp forecast a bigger loss for the first quarter as an unplanned blast furnace outage in its Kentucky plant hurt shipments and drove up costs.
(Corrects second paragraph to remove reference to analyst's average estimate of a profit since the numbers are not comparable)
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