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$AKS said its subsidiary AK Steel Corp. commenced registered offering of $380MM aggregate of senior secured notes due 2023. AK Steel plans to use the net proceeds of the offering, with cash on hand and/or borrowings under its revolving credit facility, to finance its cash tender offer for any and all its 8.750% Senior Secured Notes due 2018.
Still in yesterday’s $PZZA shock. I thought everyone had more pizza this football season!!
$TSLA stock downgraded to sell from hold by brokerage firm CFRA Research. However, the firm lifted the price target by $35 to $240.
$LB shares have plummeted after a disappointing quarter.