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Stock Market & Financial Investment News

News Breaks
December 5, 2012
13:22 EDTNUECorrect: Nucor increases quarterly dividend to 36.75c
Nucor Corporation increased the regular quarterly cash dividend on its common stock to 36.75c, payable on February 11, 2013, to stockholders of record on December 31, 2012. This note corrects an earlier one that said Nucor increased its dividend by 36.75c.
News For NUE From The Last 14 Days
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October 21, 2014
11:51 EDTNUEU.S. to end deal sheltering Russia from flat-rolled steel duties, Reuters says
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October 17, 2014
08:48 EDTNUEBofA/Merrill global steel analysts hold analyst/industry conference call
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October 8, 2014
12:17 EDTNUENucor sees Gallatin Steel acquisition immediately accretive to cash flow
Nucor announced that it has closed on its purchase of all the equity of Gallatin Steel Company for approximately $770M. Adjusting for the net present value of the anticipated tax benefits, the realized effective purchase price for Nucor is approximately $630M. The purchase is expected to be immediately accretive to cash flow and accretive to earnings after working through purchase accounting-valued finished goods inventories.

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