|Bid||0.0000 x 40000|
|Ask||0.0000 x 3200|
|Day's range||1.5500 - 1.7000|
|52-week range||1.5500 - 3.5900|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||44.29|
|Earnings date||26 Apr 2020 - 30 Apr 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||3.25|
Cleveland-Cliffs (CLF) and AK Steel will report the final results of the vote from the special shareholder/stockholder meeting on Form 8-K to be filed with the U.S. Securities and Exchange.
Cleveland-Cliffs Inc. Commences Tender Offers and AK Steel Corporation Commences Consent Solicitations
Cleveland-Cliffs and AK Steel Receive Favorable Recommendations from ISS and Glass Lewis for Votes to Complete Merger
Reduced shipments to the automotive market along with a sharp decline in steel spot market selling prices hurt AK Steel's (AKS) profit in fourth-quarter 2019.
AK Steel (AKS) delivered earnings and revenue surprises of -22.22% and -2.30%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
AK Steel (AKS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Cleveland-Cliffs Inc. (NYSE: CLF) ("Cliffs") and AK Steel Holding Corporation (NYSE: AKS) ("AK Steel") today announced that they have extended the expiration date in connection with the previously announced exchange offers (each, an "Exchange Offer" and, collectively, the "Exchange Offers") by Cliffs and consent solicitations (each, a "Consent Solicitation" and, collectively, the "Consent Solicitations") by AK Steel Corporation, a wholly owned subsidiary of AK Steel, to 6:00 a.m., New York City time, on March 13, 2020 (as the same may be further extended, the "Expiration Date"). All other terms of the Exchange Offers and Consent Solicitations remain as set forth in the Offering Memorandum and Consent Solicitation Statement (as defined below). As previously announced, the requisite consents have been received to adopt certain amendments to each of the indentures (the "AK Steel Indentures") governing the notes issued by AK Steel Corporation subject to the Exchange Offers and Consent Solicitations (the "AK Steel Notes") to eliminate certain of the covenants, restrictive provisions and events of default from such indentures (the "Amendments").
Let's see if AK Steel Holding Corporation (AKS) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
LyondellBasell's (LYB) Q4 results are likely to reflect benefits from low-cost natural gas, synergies from the A. Schulman acquisition and improved performance at Houston refinery.