Orlando, FL -- (SBWIRE) -- 09/11/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On AK Steel Holding Corporation(NYSE:AKS), Alcoa Inc (NYSE:AA).
AK Steel Holding Corporation(NYSE:AKS) shares gained 5.43% to $3.88. AK Steel Holding Corporation (NYSE: AKS) announced on August 29 that its subsidiary, AK Steel Corporation ("AK Steel"), has completed its offer to exchange up to $380.0 million in aggregate principal amount of its 8.750% senior secured notes due 2018, not registered under the Securities Act of 1933, as amended, for an equal aggregate principal amount of its registered 8.750% senior secured notes due 2018.
Additionally, the company said that it plans to release its third quarter 2013 financial results before the opening of trading on the New York Stock Exchange on Tuesday, October 22, 2013.
Are investors worried about the recent updates with AKS? Find out with a free trend analysis HERE
Alcoa Inc (NYSE:AA) shares declined 0.31% to $8.06. The composition of the Dow Jones Industrial Average has no impact on Alcoa's ability to successfully execute our strategy, and the company remain focused on delivering shareholder value. Alcoa continue to grow their value-add businesses and capture growth opportunities in end markets like aerospace and automotive.
Additionally, the company on August 26 announced promotions that will extend Alcoa's leadership in the area of environment, health and safety, and enhance the company's business development and asset management capabilities worldwide.
Mike Barriere, Vice President, Human Resources, was promoted to Executive Vice President, Human Resources and Environment, Health and Safety (EHS). He will have oversight of the newly combined Human Resources and EHS group.
Is AA going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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