On Monday, Shares of AK Steel Holding Corporation (NYSE:AKS), lost -2.17% to $2.70.
AK Steel declared that it has joined other major domestic steel producers in filing anti-dumping and counter-vailing duty petitions related to hot-rolled steel.
The anti-dumping petitions charge that unfairly traded imports of certain hot-rolled steel flat products from Australia, Brazil, Japan, South Korea, the Netherlands, Turkey and the United Kingdom are causing material injury to the domestic industry. The petitions allege that producers in each of the seven countries are selling hot-rolled steel in the U.S. market at less than fair value.
The petitions also allege that the foreign producers in Brazil, South Korea, and Turkey benefit from numerous counter-vailable subsidies offered by their governments. The petitions identify 33 different subsidy programs in Brazil, 41 subsidy programs in South Korea, and 17 subsidy programs in Turkey.
“AK Steel and other domestic steel manufacturers have been significantly influenced by the onslaught of what we believe are unfairly traded imports of hot-rolled steel,” said James L. Wainscott, Chairman, President and CEO of AK Steel. “Imports have been flooding our shores, substantially reducing selling prices, shipment volumes, and earnings.”
AK Steel Holding Corporation, through its partner, AK Steel Corporation, produces flat-rolled carbon, stainless and electrical steel, and tubular products in the United States and internationally.
Shares of Activision Blizzard, Inc. (NASDAQ:ATVI), declined -3.89% to $26.16, during its last trading session.
The Grand Tournament, the second expansion for Blizzard Entertainment’s award-winning online strategy card game, Hearthstone: Heroes of Warcraft, is now live, and players around the world are invited to join in on the fun. This expansion brings over 130 knightly cards to the (round) table, together with exciting new game mechanics that will delight duelists and inspire creative new deck strategies.
The Grand Tournament takes players to the frost-covered continent of Northrend, where the heroes of the Argent Crusade once held a prestigious tournament to select the bravest and mightiest champions in all the land. Though the evil that once held this realm captive has been vanquished and order restored, the jousting continues in the spirit of fun and friendly competition!
This expansion presents duelists with powerful new tools for their arsenals, allowing them to motivate their brave champions through the Inspire mechanic or challenge an opponent to single combat in its most honorable form—the joust. Inspired minions, which are triggered by using a Hero Power, can grow in strength, restore health, and even call for reinforcements. Jousts are one-on-one contests between random minions drawn from each player’s deck. The stakes are high—if the initiating player wins a joust, they’ll earn a substantial bonus.
“With the new Inspire and Joust mechanics, and over 130 new cards to play with, The Grand Tournament brings a fun medieval-tournament vibe to Hearthstone,” said Mike Morhaime, CEO and cofounder of Blizzard Entertainment. “We can’t wait to see what players come up with now that they have their hands full with tons of new deck and strategy options.”
Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games worldwide. The company develops and publishes interactive entertainment software products through retail channels or digital downloads; and downloadable content to a range of gamers.
At the end of Monday’s trade, Shares of CONSOL Energy Inc. (NYSE:CNX), lost -6.74% to $11.76.
CONE Midstream Partners stated financial and operational results for the three months ending June 30, 2015.
Second Quarter Results
Highlights of second quarter 2015 results attributable to the Partnership comprise:
- Net income of $14.9 million
- Average daily throughput volumes of 568 billion Btu per day (BBtu/d)
- EBITDA of $17.0 million
- Distributable cash flow (DCF) of $14.8 million
CONSOL Energy Inc., together with its auxiliaries, operates as an integrated energy company in the United States and internationally. The company operates through two divisions, Exploration and Production (E&P), and Coal.
Finally, Analog Devices, Inc. (NASDAQ:ADI), ended its last trade with -3.92% loss, and closed at $51.67.
Analog Devices, introduced an ultralow power buck regulator that extends battery life in portable devices by achieving the industry’s highest ultra-light-load power conversion efficiency. With a 90 percent efficiency rating and consuming only 180-nA quiescent current, the ADP5301 buck regulator is designed to deliver maximum power for a longer period of time than formerly achievable and is ideally suited for Internet of Things (IoT) applications, counting wireless sensor networks and wearable devices such as fitness bands and smartwatches. The new device is housed in a tiny WLCSP package that measures less than 3.1-mm², which makes it suitable for small form factors.
Analog Devices, Inc. engages in the design, manufacture, and marketing of analog, mixed-signal, and digital signal processing integrated circuits (ICs) for use in industrial, automotive, consumer, and communication markets worldwide. It offers signal-processing products that convert, condition, and process real-world phenomena, such as temperature, pressure, sound, light, speed, and motion into electrical signals.
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