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News Breaks
July 22, 2014
07:52 EDTSTLDSteel Dynamics shares can advance further, says Wells Fargo
After Steel Dynamics announced that it was purchasing Severstal's Columbus mill, Wells Fargo thinks the deal will increase Steel Dynamics' EPs by 35c and derisks 2015 estimates for the company. The firm raised its price target range on the shares to $27-29 from $20-$22 and keeps an Outperform rating on the shares.
News For STLD From The Last 14 Days
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October 20, 2014
18:04 EDTSTLDSteel Dynamics CEO says the company 'remains optimistic'
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18:02 EDTSTLDSteel Dynamics reports Q3 adjusted EPS 47c, consensus 43c
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18:01 EDTSTLDSteel Dynamics reports Q3 EPS 38c with items, consensus 43c
Reports Q3 revenue $2.34B, consensus $2.14B. Q3 EPS includes the negative impact of approximately 9c per diluted share related to acquisition costs, financing fees, and the effect of purchase accounting adjustments for the Severstal Columbus, LLC acquisition that occurred mid-September.
15:30 EDTSTLDNotable companies reporting after market close
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October 17, 2014
08:48 EDTSTLDBofA/Merrill global steel analysts hold analyst/industry conference call
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