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Stock Market & Financial Investment News

News Breaks
June 16, 2014
18:01 EDTSTLDSteel Dynamics sees Q2 EPS 28c-32c, consensus 32c
Profitability from the company's steel operations for the second quarter is expected to be higher in comparison to the sequential quarter earnings. Both shipments and metal spreads are expected to improve across the steel operating platform, despite significantly increased import activity. The first quarter winter weather-induced slowdown in the domestic market has subsided. Demand from key steel-consuming end markets is expected to continue to trend favorably, more notably in automotive, manufacturing and construction. Residential construction rebounded as more temperate climate conditions existed. In addition, increased demand for the company's structural steel and fabricated steel joist and decking products suggests the nonresidential construction market is also continuing a positive trend. Second quarter profitability from the company's fabrication operations is expected to continue to increase based on both improved volume and margins. Metals recycling financial results are also expected to improve for the second quarter when compared to the sequential quarter, based on higher shipments more than offsetting ferrous margin deterioration that occurred due to decreased selling values.
News For STLD From The Last 14 Days
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July 31, 2015
12:48 EDTSTLDWTO issues compliance report on steel dispute between U.S. and China
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July 28, 2015
10:33 EDTSTLDAK Steel, other producers file trade cases related to cold-rolled steel
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July 24, 2015
09:03 EDTSTLDSteel Dynamics awarded $10M solar contract
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July 20, 2015
18:04 EDTSTLDSteel Dynamics reports Q2 cash flow from operations of $309M
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18:02 EDTSTLDSteel Dynamics sees 'improved financial results' in 2H15
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18:01 EDTSTLDSteel Dynamics reports Q2 adjusted EPS 22c, consensus 22c
Reports Q2 revenue $2.01B, consensus $1.98B.
15:01 EDTSTLDNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include IBM (IBM), consensus $3.78... Canadian National Railway (CNI), consensus $1.05... Crown Holdings (CCK), consensus $1.01... Zions Bancorp (ZION), consensus 38c... Hexcel (HXL), consensus 61c... Brown & Brown (BRO), consensus 44c... Steel Dynamics (STLD), consensus 22c... Werner (WERN), consensus 42c.

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