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Stock Market & Financial Investment News

News Breaks
March 4, 2013
09:15 EDTNUENucor upgraded to Buy from Neutral at Longbow
Longbow's steel distributor checks indicate we may have reached a near-term bottom in pricing and is more optimistic on a 2H 2013 non-residential construction recovery.
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April 24, 2014
14:12 EDTNUENucor sees Q2 EPS ex-charges improving sequentially, consensus 65c
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14:10 EDTNUENucor sees significantly lower CapEx for 2014, approximately $600M
Says majority of growth projects will be completed in 1H14. Comments from company's Q1 earnings conference call.
09:09 EDTNUENucor expects improvements in Q2 earnings
Anticipates improved performance at both steel mills and fabricated construction product businesses, although imports are expected to continue to pressure pricing and margins at our steel mills. The company remains cautiously optimistic about the small but noticeable improvement in the nonresidential construction markets in 2014.
09:09 EDTNUENucor reports Q1 Steel Mills production 5.19M tons
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09:08 EDTNUENucor reports Q1 scrap and scrap substitute cost per ton $398
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09:07 EDTNUENucor reports Q1 EPS 35c, consensus 37c
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