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Nucor

Nucor 5/18/2012

14:01 : Steelmaker Nucor Buys Skyline For $605 Million - Charlotte, N.C.-based steelmaker Nucor Corporation (NYSE: NUE) said Friday it will buy Parsippany, N.J.-based Skyline Steel LLC and its subsidiaries from Luxembourg's mining and steel company ArcelorMittal ...
Source : ibtimes-com
03:46 : ArcelorMittal Sells Skyline Steel, Astralloy To Nucor For $605 Million - Steel giant ArcelorMittal (MT) announced Friday the sale of Skyline Steel and Astralloy business in the North American Free Trade Agreement region to Nucor Corp. (NUE) for around $605 million, on a debt free ...
Source : foxbusiness-com
01:11 : Nucor (NUE) announced late yesterday it will acquire the membership intere - Nucor (NUE) announced late yesterday it will acquire the membership interests of Skyline Steel LLC and its subsidiaries from ArcelorMittal (MT) for ~$605M. Skyline had been a distributor of ...
Source : seekingalpha-com

Nucor 5/7/2012

16:58 : Seattle power rate hike could sting Nucor steel plant - Seattle City Light's proposed electricity rate increase could raise power costs for Nucor Steel Seattle Inc. to be the highest among Nucor's 19 plants in the U.S., encouraging the parent company to invest elsewhere, said Vice President and ...
Source : bizjournals-com

Nucor 3/15/2012

08:26 : Nucor profit to fall short of estimate - NEW YORK (MarketWatch) -- Nucor Corp. said Thursday it expects first-quarter earnings of 30 cents to 35 cents a share, including a one-time charge of 3 cents a share for accounting costs. In the year-ago period, Nucor earned 50 ...
Source : marketwatch-com

Nucor 1/26/2012

16:21 : Nucor Swings To 4Q Profit On Higher Steel Prices - Nucor Corp. (NUE) swung to a bigger-than-expected fourth-quarter profit as the U.S. steel market's strength in December helped offset weaker demand earlier in the quarter.
Source : foxbusiness-com
15:49 : Nucor 4Q up 25% on Rising Prices and Shipments - Nucor Corp. beat weak expectations for its fourth quarter profit on Thursday with a 25 percent increase in earnings, marking a swing to profitability fueled by an uptick in steel prices and shipments.
Source : ibtimes-com
11:57 : Nucor reports higher earnings - Nucor Corp. today reported higher fourth-quarter and full-year earnings for 2011 compared with 2010, citing an uptick in steel prices in December and increased shipments.Click to Continue »

Nucor 1/12/2012

07:52 : Playing New Strength In Steel With Nucor And The XME - The conventional wisdom on industrial metals like steel and iron is that companies operating in this space will see share price appreciation to the extent that China keeps booming. And there's no doubt that concerns over whether a cooling ...
Source : forbes-com

Nucor 1/6/2012

00:51 : Nucor closing facilities in Georgia and Texas - Charlotte-based Nucor Corp. said Thursday it would close a division with facilities in Georgia and Texas as it exits the business of fabricating light-gauge steel framing.

Nucor 1/5/2012

12:48 : Nucor closing light-gauge steel division - Charlotte-based Nucor Corp. said today it would close a division with facilities in Texas and Georgia as it exits the business of fabricating light-gauge steel framing.
10:17 : Nucor to close Nuconsteel division - BOSTON (MarketWatch) -- Steel-products maker Nucor Corp. said Thursday that plans to close its Nuconsteel division later this spring. The unit, which was focused on light-gauge steel-framing, was acquired through Nucor's 2001 takeover of ...
Source : marketwatch-com

Nucor 12/15/2011

09:37 : Nucor sees higher accounting charge for scrap cost - NEW YORK (MarketWatch) -- Nucor Inc. said Thursday it expects fourth-quarter earnings of 22 to 27 cents a share. The steel maker's forecast includes a one-time charge of 16 cents a share for last-in first-out (LIFO) accounting costs. Nucor ...
Source : marketwatch-com

Nucor 10/20/2011

08:31 : Nucor profit rises sharply, sees slowdown - NEW YORK (MarketWatch) -- Nucor Corp. said Thursday its third-quarter profit jumped to $181.5 million, or 57 cents a share, from $23.5 million, or 7 cents a share, in the year-ago period. The Charlotte, N.C. steel maker's revenue rose 3% ...
Source : marketwatch-com

Nucor 10/5/2011

16:06 : Nucor leads Charlotte stocks - Steelmaker Nucor Corp. led local stocks with a 4.75 percent gain in an up day for Wall Street. The Charlotte-based company (NYSE:NUE) closed at $33.07, up $1.50. The Dow Jones Industrial Average ...
Source : bizjournals-com

Nucor 9/15/2011

11:53 : Nucor ([[NUE]] +2.6%) continues to climb, despite saying earlier that ... - Nucor (NUE +2.6%) continues to climb, despite saying earlier that it expects Q3 earnings to slip Q/Q due to lower steel prices and metal margins as well as continuing high raw material costs. Current price action indicates that the news has ...
Source : seekingalpha-com

Nucor 7/21/2011

16:14 : Nucor sees 2Q profit, predicts 3Q dip - (By Celeste Smith, cesmith@charlotteobserver.com) Charlotte-based Nucor, the largest U.S. steelmaker, reported an increase Thursday in its second-quarter earnings as demand improved in the automotive, heavy equipment and manufacturing industries.But ...
10:48 : Nucor reports almost $300M in Q2 earnings - Nucor Corp.’s second-quarter earnings more than tripled from a year ago as sales rose strongly and steel prices caught up with higher raw-material costs. The Charlotte-based steel manufacturer says it earned $299.8 million, or 94 cents per ...
Source : bizjournals-com

Nucor 6/22/2011

13:48 : Nucor CEO: Looking To Joint Ventures For International Growth - NEW YORK -(Dow Jones)- Steelmaker Nucor Corp. (NUE) will pursue joint ventures as its primary avenue for international expansion, the company's chief executive said Wednesday.
Source : foxbusiness-com

Nucor 6/15/2011

10:28 : Nucor Projects 2Q Earnings Below Street View - Nucor Corp. (NUE) projected second-quarter earnings below analysts' estimates, though the forecast reflects sequential growth for the steelmaker as price increases caught up with rising raw-materials costs.
Source : foxbusiness-com
09:51 : Nucor forecasts large rise in 2Q earnings - Nucor Corp. says it expects its second-quarter earnings to range between 75 and 80 cents per diluted share, up from 29 cents per diluted share a year ago. The Charlotte-based steel manufacturer earned 50 cents per diluted share in this year’s ...
Source : bizjournals-com
09:10 : Nucor ([[NUE]] +1.1%) trades higher after bumping Q2 EPS guidance to $0.75 - Nucor (NUE +1.1%) trades higher after bumping Q2 EPS guidance to $0.75 - $0.80/share, ahead of expectations. It's a significant jump from Q1 as price increases for finished product catches up with raw material costs. Post your comment!
Source : seekingalpha-com

Nucor 6/6/2011

14:07 : Brazil Vale Said Talking With Baosteel On Steel, Nucor Also Interested - RIO DE JANEIRO -(Dow Jones)- Brazilian mining giant Vale SA (VALE, VALE5.BR) has informally resumed talks with Baosteel Group Corp., China's biggest steelmaker, on a possible partnership to develop a $6 billion steelworks project in Espirito Santo state, ...
Source : foxbusiness-com
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