Orlando, FL -- (SBWIRE) -- 09/10/2013 -- 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), Molycorp Inc(NYSE:MCP).
AK Steel Holding Corporation(NYSE:AKS) shares gained 6.36% to $3.68. 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.
Moreover, the company on on August 21 said that it has reached an agreement to settle an action brought on behalf of the U.S. Environmental Protection Agency and Commonwealth of Kentucky under the Clean Air Act and other statutes and regulations with respect to AK Steel's former Ashland, Kentucky coke plant. The agreement was reached without admission of the alleged violations by AK Steel.
Are investors worried about the recent updates with AKS? Find out with a free trend analysis HERE
Molycorp Inc(NYSE:MCP) shares increased 4.41% and closed at $6.63. The Law Offices of Kenneth A. Elan on Spet. 3 announces that it commenced a lawsuit against Molycorp, Inc. pursuing claims in the United States District Court for the Southern District of New York on behalf of all persons or entities who purchased Molycorp securities from August 2, 2012 through August 7, 2013 (the "Class Period").
Additionally, the company on August 8 announced financial and operating results for the second quarter of 2013. The Company reported a net loss of $0.36 per share for the quarter on an adjusted non-GAAP basis. The Company reported consolidated net revenues of $136.9 million during the second quarter of 2013, a 6% decrease over the first quarter of 2013.
Is MCP going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
Join Our Mobile SMS Alerts By Texting Stocks To 555888
HotStockProfits.com continuously monitors and scans the markets for day trading and swing trading signals on NASDAQ, NYSE, AMEX, OTCBB and Pink Sheet companies for its free e-newsletter subscribers.
HotStockProfits.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit HotStockProfits.com website, for complete risks and disclosures.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)