Credit Suisse Upgrades AK Steel (AKS) to Neutral
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AK Steel Reports Financial Results For First Quarter Of 2015
April 28, 2015 8:30 AM EDTWEST CHESTER, Ohio, April 28, 2015 /PRNewswire/ -- AK Steel (NYSE: AKS) today reported its financial results for the first quarter of 2015.
1st Quarter 2015 Performance Summary          Â
Shipments of 1,750,500 tons           Sales of $1.75 billion with an average selling price of $999 per ton           Net loss of $306.3 million, or $1.72 per diluted share, including a non-cash impairment charge of $256.3 million, or $1.44 per diluted share, related to Magnetation LLC investment           Adjusted net loss of $50.0 million, or $0.28 per diluted share           Adjusted EBITDA of $57.5 million           Liquidity of $806.6 millionAK... More
