Sat, Dec 27, 2014, 6:15 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

AK Steel Holding Corporation Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • bigbillyzane bigbillyzane Jul 22, 2004 10:49 AM Flag

    Let me understand this...

    PR, Wainscott couldnt have gotten BK approval back when he took over and he certainly cant get it now and the unions know this which of course is the problem. Unfortunately Wainscott may just have to tell the unions to ante up the 20% mostly through attrition now or as the contracts are up then they will wish Wardrop was still in charge. Either that or if things deteriorate enough then way down the road seek the bankruptcy route and say I told you so.

    What union contracts still pending are the make or break deals and when do they expire? Unless things drastically change can AKS limp along till they expire and then drop the hammer?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • >> Unless things drastically change can AKS limp along till they expire and then drop the hammer? <<

      The unions will get no compasion when the contracts come up for renewal. If somebody is trying to talk in good faith you don't hit him below the belt. Now you know why they needed Wardrope. The unions cry about "fear and scare" tactics, seems they only understand that language.

      >> What union contracts still pending are the make or break deals and when do they expire? <<

      Don't have exact dates. Butler and Middletown are the the largest ones. Also, Mansfield comes up on 03/50.. when ofcourse I expect them to strike.

 
AKS
5.92+0.1600(+2.78%)Dec 26 4:05 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
TherapeuticsMD, Inc.
AMEXFri, Dec 26, 2014 4:01 PM EST
Virgin America Inc.
NASDAQFri, Dec 26, 2014 4:00 PM EST