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AK Steel (AKS) shares gyrate in premarket trading after issuing weaker Q3 guidance; now...
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Friday, September 14, 2012, 9:10 AM ETAK Steel (AKS) shares gyrate in premarket trading after issuing weaker Q3 guidance; now +0.9% after initially sliding sharply. AKS foresees a net EPS loss of $0.60-$0.65 in Q3, expecting shipments of ~1.375M tons in the quarter, or ~3% higher Q/Q, and average per-ton selling price ~7% lower Q/Q.
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