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Friday 31 July 2015
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Active Stocks on the Move: AK Steel Holding Corporation (NYSE:AKS), Amgen Inc. (NASDAQ:AMGN), Zoetis Inc. (NYSE:ZTS)

On Tuesday, Shares of AK Steel Holding Corporation (NYSE:AKS), surged 15.08% to $2.90.

AK Steel Holding Corporation declared that it has joined other major domestic steel producers in filing antidumping and counter-vailing duty petitions against eight countries related to cold-rolled steel. The antidumping petitions charge that unfairly traded imports of cold-rolled steel from Brazil, China, India, Japan, South Korea, Netherlands, Russia, and the United Kingdom are causing material injury to AK Steel and the domestic steel industry. The counter-vailing duty petitions charge that noteworthy subsidies have been offered to the foreign producers by the governments of Brazil, China, India, South Korea, and Russia.

AK Steel produces cold-rolled steel for various customer applications, counting appliances, automotive products, containers, and construction. Cold-rolled steel comprised about 20 percent of the company’s shipments in 2014.

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. It produces flat-rolled value-added carbon steels, counting coated, cold-rolled, and hot-rolled carbon steel products; and specialty stainless and electrical steels in sheet and strip forms.

Shares of Amgen Inc. (NASDAQ:AMGN), inclined 4.35% to $172.74, during its last trading session, hitting its highest level.

Amgen declared that its Board of Directors recently declared a $0.79 per share dividend for the third quarter of 2015. The dividend will be paid on Sept. 8, 2015, to all stockholders of record as of the close of business on Aug. 17, 2015.

Amgen Inc., a biotechnology company, discovers, develops, manufactures, and delivers human therapeutics worldwide. It focuses for the treatment of illness in the areas of oncology, hematology, inflammation, bone health, nephrology, cardiovascular, and general medicine.

Finally, Zoetis Inc. (NYSE:ZTS), ended its last trade with -1.27% loss, and closed at $48.85.

The Board of Directors of Zoetis has declared a third quarter 2015 dividend payable to holders of the company’s common stock of $0.083 per share. The dividend is to be paid on Tuesday, Sept. 1, 2015, to holders of record on Thursday, Aug. 13, 2015.

Zoetis Inc. engages in the discovery, development, manufacture, and commercialization of animal health medicines and vaccines for livestock and companion animals worldwide. The company operates through four segments: the United States; Europe/Africa/Middle East; Canada/Latin America; and Asia/Pacific.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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