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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.
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September 15, 2014
11:00 EDTNUEArcelorMittal, Gerdau sell Gallatin Steel facility for $770M
ArcelorMittal (MT) and Gerdau (GGB) jointly announced that they have entered into a definitive transaction agreement to sell their respective 50% interests in Gallatin Steel to Nucor (NUE) for a total cash consideration of $770M, subject to customary closing adjustments. Completion of the sale is subject to customary closing conditions, including expiration of the Hart Scott Rodino Antitrust Improvements Act waiting period. The closing of the transaction is not subject to any financing conditions and is expected to be realized by the end of 2014. Reference Link
08:33 EDTNUENucor agrees to acquire Gallatin Steel for $770M
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September 3, 2014
08:51 EDTNUEU.S. Steel Steel Dynamics at Morgan Stanley
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