Commercial Metals Company (CMC) 19.43 $CMC
Technical Data on Metals & Mining Stocks -- Research on Reliance Steel & Aluminum, Nucor, Steel Dynamics, and Commercial Metals
PR Newswire - Mon Mar 31, 11:13AM CDT
On Friday, March 28, 2014, the NASDAQ Composite ended at 4,155.76, up 0.11%, the Dow Jones Industrial Average advanced 0.36% to 16,323.06, and the S&P 500 closed at 1,857.62, up 0.46%. The gains were broad based as eight out of 10 sectors ended the session in positive. The S&P 500 Materials Sector Index finished the day at 295.22, up 0.65%, while the same has fallen by 0.48% in the last one month. Investor-Edge has initiated coverage on the following equities: Reliance Steel & Aluminum Co. (NYSE: RS), Nucor Corp. (NYSE: NUE), Steel Dynamics Inc. (NASDAQ: STLD) and Commercial Metals Co. (NYSE: CMC). Free technical research on RS, NUE, STLD and CMC can be downloaded upon signing up at:
Commercial Metals Company Reports Second Quarter Earnings Per Share Of $0.09 And Announces Quarterly Dividend Of $0.12 Per Share
PR Newswire - Thu Mar 27, 6:00AM CDT
Commercial Metals Company (NYSE: CMC) today announced financial results for its second quarter ended February 28, 2014. Net earnings attributable to CMC for the second quarter were $11.1 million, or $0.09 per diluted share, on net sales of $1.6 billion. Results for the three months ended February 28, 2014 included an after-tax charge of approximately $3 million ($0.03 per diluted share) incurred in connection with the Company's final settlement of the Standard Iron Works v. Arcelor Mittal et al. lawsuit. This compares to net earnings attributable to CMC of $4.6 million, or $0.04 per diluted share, on net sales of $1.7 billion for the three months ended February 28, 2013.
5 Toxic Stocks to Sell Now
at The Street - Fri Mar 21, 5:00AM CDT
After a 15-month rally in the broad market, stock investors have a lot to lose right now.
Commercial Metals Company Settles Antitrust Class Action Lawsuit
PR Newswire - Fri Mar 14, 3:30PM CDT
Commercial Metals Company (NYSE: CMC) today announced that it has reached final settlement in the Standard Iron Works v. Arcelor Mittal et al. lawsuit in the amount of approximately $4 million, which the Company estimates is less than the anticipated cost to the Company of continuing to defend the lawsuit. The class action litigation, filed in September 2008 on behalf of the direct purchasers of steel products, alleged violation of the federal antitrust laws by eight U.S. steel producers through allegedly concerted restrictions on production. Commercial Metals Company has denied from the outset any and all wrongdoing in connection with the claims that have or could have been alleged against the Company in the lawsuit, and the agreed upon settlement contains no admission of liability from the Company. The settlement requires preliminary and final approval by the Court, which the Company anticipates it will receive. Despite the Company's belief, after extensive discovery and investigation of the facts, that the claims lack merit and that it has full and complete defenses to all of the claims asserted against it, the Company agreed to enter into the settlement to avoid further expense, inconvenience, and distraction of burdensome and protracted litigation.
US Steel Industry Outlook: Product-Wise Production and Consumption is Discussed With Forecasts Till 2017
M2 - Wed Mar 12, 11:03AM CDT
Research and Markets (http://www.researchandmarkets.com/research/kl2rl9/us_steel_industry) has announced the addition of the "US Steel Industry Outlook to 2017" report to their offering. In the latest research report, US Steel Industry Outlook to 2017, the reports analysts have identified that the US steel industry has been playing an important role in the overall economic development. This can be attributed to its increased production and consumption levels in 2012 with respect to the previous year. Crude steel production surged around 3% in 2012, while consumption increased more than 8% during the same period. The analysts expect that this trend will continue in future too due to increases in consumption from various industrial sectors. Essentially, the report studies the US steel industry in terms of production, consumption, export and import scenarios; steel demand analysis; pricing analysis; etc. Further, product-wise production and consumption have been discussed including long products, flat products and seamless tubes with forecast till 2017. The report covers a break up of the long products production into concrete reinforcing bars, bars and wire rods; and flat products into electrical sheet & strip, tin mill and other metallic coated sheet & strip. In addition, the consumption section in the report covers consumption by types of product, which represents that flat products account for the major share in total steel consumption in the country. A coverage of finished steel consumption by products, including stainless steel sheet or strip, plate, bar, rod and wire is also provided. This comprehensive study also covers all information regarding steel demand analysis in various sectors, including construction, automobiles, energy, container, defense and security, etc. It covers a steel pricing analysis vis-a-vis steel spot prices and average scrap prices. Besides these, the research includes trends and drivers prevailing in the US steel industry. The report is an outcome of comprehensive research and unbiased analysis of the US steel industry and its various segments to present a clear picture of the past and present market trends. It evaluates the existing market opportunities in relation to the factors driving steel demand. Also, it contains information about steel pricing and US government's stimulus package to bring the industry back on its growth track. Finally, the report covers a detailed analysis of key players with their business descriptions, financial analyses and strengths & weaknesses. These players' production growth rate analyses are compared with the industry's average growth rate to understand the direction in which the steel industry is likely to move in future. Companies Mentioned: - AK Steel Corporation - Allegheny Technologies Incorporated - ArcelorMittal USA, LLC - Commercial Metals Company - Gerdau Ameristeel Corporation - Nucor Corporation - Steel Dynamics, Inc. (SDI) - The Timken Company - United States Steel Corporation For more information visit http://www.researchandmarkets.com/research/kl...l_industry About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Commercial Metals Company Announces Second Quarter 2014 Conference Call Webcast Details
PR Newswire - Thu Feb 27, 3:45PM CST
Commercial Metals Company (NYSE: CMC), in conjunction with its second quarter earnings release, invites you to listen to its conference call that will be broadcast live over the Internet on Thursday, March 27, 2014, at 11:00 a.m. Eastern time (10:00 a.m. Central) with Joe Alvarado, Chairman of the Board, President & CEO, and Barbara Smith, Senior Vice President & CFO.
Downgrade Alert for Commercial Metals (CMC)
Comtex SmarTrend(R) - Mon Feb 24, 7:11AM CST
Commercial Metals (NYSE:CMC) was downgraded from Buy to Hold at Keybanc today. The stock closed yesterday at $19.50 on volume of 1.1 million shares, above average daily volume of 914,000. Commercial Metals Company and its subsidiaries manufacture, recycle, and market steel and metal products and related materials. The Company markets and trades primary and secondary metals, steel, ores, concentrates, industrial minerals, ferroalloys, chemicals, and other materials used in a variety of industries.
Sector Snap: Steelmakers
AP - Tue Jan 28, 1:18PM CST
NEW YORK (AP) — Several steel companies reported better-than-expected results, although investors didn't reward them all the same.
Earnings Look Back: Commercial Metals Is Down 5.3% Since Reporting Quarterly Results 2 Weeks Ago (CMC)
Comtex SmarTrend(R) - Mon Jan 27, 6:59AM CST
20 days ago, on January 7th, 2014, Commercial Metals (NYSE:CMC) reported its earnings. Analysts, on average, expected earnings of $0.23 per share on sales of $1.7 billion. The company actually reported EPS of $0.27 on sales of $1.7 billion, beating EPS estimates by $0.04 and missing revenue estimates by $52.6 million. Since the company's report, shares of Commercial Metals have fallen from $19.99 to $18.94, representing a loss of 5.3% in the past 20 days.
Commercial Metals Shares Up 35.1% Since SmarTrend's Buy Recommendation (CMC)
Comtex SmarTrend(R) - Tue Jan 21, 5:04PM CST
SmarTrend identified an Uptrend for Commercial Metals (NYSE:CMC) on July 11th, 2013 at $15.14. In approximately 6 months, Commercial Metals has returned 35.07% as of today's recent price of $20.45.
Stock Price Updates, Conference Call Schedule, and Financial Results - Research Report on ArcelorMittal, Southern Copper, Steel Dynamics, CSN, and Commercial Metals
PR Newswire - Thu Jan 16, 7:00AM CST
Today, Analysts' Corner announced new research reports highlighting ArcelorMittal (NYSE: MT), Southern Copper Corp. (NYSE: SCCO), Steel Dynamics Inc. (NYSE: STLD), Companhia Siderurgica Nacional (NYSE: SID) and Commercial Metals Company (NYSE: CMC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Ex-Dividends To Watch: 5 Stocks Going Ex-Dividend Tomorrow: KMM, DMLP, KTF, CMC, CAT
at The Street - Wed Jan 15, 9:00AM CST
KMM DMLP KTF CMC CAT are going ex-dividend tomorrow, Thursday, Jan. 16, 2014, 5:00 AM ET
Commercial Metals Up 33.4% Since SmarTrend Uptrend Call (CMC)
Comtex SmarTrend(R) - Tue Jan 14, 11:10AM CST
SmarTrend identified an Uptrend for Commercial Metals (NYSE:CMC) on July 11th, 2013 at $15.14. In approximately 6 months, Commercial Metals has returned 33.36% as of today's recent price of $20.19.
Commercial Metals Beats Q1 Earnings, Misses on Revs - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jan 08, 10:38AM CST
Commercial Metals' earnings beat the Zacks Consensus Estimate but sales miss.
Commercial Metals 1Q net income falls 8 percent
By The Associated Press - AP - Tue Jan 07, 10:59AM CST
NEWS: Commercial Metals Co. said Tuesday that its first-quarter net income fell 8 percent as revenue slipped at its recycling and international marketing and distribution units. But its earnings still beat analysts' expectations and its shares hit their highest point in over four years.
37.4% Return Seen to Date on SmarTrend Commercial Metals Call (CMC)
Comtex SmarTrend(R) - Tue Jan 07, 9:57AM CST
SmarTrend identified an Uptrend for Commercial Metals (NYSE:CMC) on July 11th, 2013 at $15.14. In approximately 6 months, Commercial Metals has returned 37.38% as of today's recent price of $20.80.
Intersolar Summits Set To Extend Intersolar's Portfolio Of Global Events
PR Newswire - Tue Jan 07, 9:09AM CST
In addition to the existing Intersolar exhibitions and conferences taking place in Europe, the USA, India, China and South America, Intersolar is launching its new global conference program Intersolar Summits. The program will build on Intersolar's portfolio by initially running events in the US states of New Jersey and Arizona as well as in Mexico and Chile in the first half of 2014. The first Intersolar Summit actually took place in Brazil back in 2012 and has since expanded into Intersolar South America, an event with its own exhibition and conference. The organizers intend for them to provide companies working within the solar industry and their partners new ways of accessing the market.
Stock Market Today: Netflix Stung by a Downgrade
Demitrios Kalogeropoulos, The Motley Fool - Motley Fool - Tue Jan 07, 8:00AM CST
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. Expect a strong start to the stock market today, as the ...
Commercial Metals Company Reports First Quarter Earnings Per Share Of $0.39 And Announces Quarterly Dividend Of $0.12 Per Share
PR Newswire - Tue Jan 07, 6:00AM CST
Commercial Metals Company (NYSE: CMC) today announced financial results for its first quarter ended November 30, 2013. Net earnings for the first quarter were $45.9 million, or $0.39 per diluted share, on net sales of $1.7 billion. This compares to net earnings of $49.7 million, or $0.42 per diluted share, on net sales of $1.7 billion for the three months ended November 30, 2012.
US Steel gets upgraded by KeyBanc
AP - Thu Jan 02, 12:50PM CST
NEW YORK (AP) — US Steel was upgraded Thursday by KeyBanc Capital Markets, which predicted that the company will benefit from some higher steel prices and a break on cost of raw materials.
Technical Data on Metals & Mining Stocks -- Research on Reliance Steel & Aluminum, Nucor, Steel Dynamics, and Commercial Metals
PR Newswire - Mon Mar 31, 11:13AM CDT
On Friday, March 28, 2014, the NASDAQ Composite ended at 4,155.76, up 0.11%, the Dow Jones Industrial Average advanced 0.36% to 16,323.06, and the S&P 500 closed at 1,857.62, up 0.46%. The gains were broad based as eight out of 10 sectors ended the session in positive. The S&P 500 Materials Sector Index finished the day at 295.22, up 0.65%, while the same has fallen by 0.48% in the last one month. Investor-Edge has initiated coverage on the following equities: Reliance Steel & Aluminum Co. (NYSE: RS), Nucor Corp. (NYSE: NUE), Steel Dynamics Inc. (NASDAQ: STLD) and Commercial Metals Co. (NYSE: CMC). Free technical research on RS, NUE, STLD and CMC can be downloaded upon signing up at:
Commercial Metals Company Reports Second Quarter Earnings Per Share Of $0.09 And Announces Quarterly Dividend Of $0.12 Per Share
PR Newswire - Thu Mar 27, 6:00AM CDT
Commercial Metals Company (NYSE: CMC) today announced financial results for its second quarter ended February 28, 2014. Net earnings attributable to CMC for the second quarter were $11.1 million, or $0.09 per diluted share, on net sales of $1.6 billion. Results for the three months ended February 28, 2014 included an after-tax charge of approximately $3 million ($0.03 per diluted share) incurred in connection with the Company's final settlement of the Standard Iron Works v. Arcelor Mittal et al. lawsuit. This compares to net earnings attributable to CMC of $4.6 million, or $0.04 per diluted share, on net sales of $1.7 billion for the three months ended February 28, 2013.
5 Toxic Stocks to Sell Now
at The Street - Fri Mar 21, 5:00AM CDT
After a 15-month rally in the broad market, stock investors have a lot to lose right now.
Commercial Metals Company Settles Antitrust Class Action Lawsuit
PR Newswire - Fri Mar 14, 3:30PM CDT
Commercial Metals Company (NYSE: CMC) today announced that it has reached final settlement in the Standard Iron Works v. Arcelor Mittal et al. lawsuit in the amount of approximately $4 million, which the Company estimates is less than the anticipated cost to the Company of continuing to defend the lawsuit. The class action litigation, filed in September 2008 on behalf of the direct purchasers of steel products, alleged violation of the federal antitrust laws by eight U.S. steel producers through allegedly concerted restrictions on production. Commercial Metals Company has denied from the outset any and all wrongdoing in connection with the claims that have or could have been alleged against the Company in the lawsuit, and the agreed upon settlement contains no admission of liability from the Company. The settlement requires preliminary and final approval by the Court, which the Company anticipates it will receive. Despite the Company's belief, after extensive discovery and investigation of the facts, that the claims lack merit and that it has full and complete defenses to all of the claims asserted against it, the Company agreed to enter into the settlement to avoid further expense, inconvenience, and distraction of burdensome and protracted litigation.
US Steel Industry Outlook: Product-Wise Production and Consumption is Discussed With Forecasts Till 2017
M2 - Wed Mar 12, 11:03AM CDT
Research and Markets (http://www.researchandmarkets.com/research/kl2rl9/us_steel_industry) has announced the addition of the "US Steel Industry Outlook to 2017" report to their offering. In the latest research report, US Steel Industry Outlook to 2017, the reports analysts have identified that the US steel industry has been playing an important role in the overall economic development. This can be attributed to its increased production and consumption levels in 2012 with respect to the previous year. Crude steel production surged around 3% in 2012, while consumption increased more than 8% during the same period. The analysts expect that this trend will continue in future too due to increases in consumption from various industrial sectors. Essentially, the report studies the US steel industry in terms of production, consumption, export and import scenarios; steel demand analysis; pricing analysis; etc. Further, product-wise production and consumption have been discussed including long products, flat products and seamless tubes with forecast till 2017. The report covers a break up of the long products production into concrete reinforcing bars, bars and wire rods; and flat products into electrical sheet & strip, tin mill and other metallic coated sheet & strip. In addition, the consumption section in the report covers consumption by types of product, which represents that flat products account for the major share in total steel consumption in the country. A coverage of finished steel consumption by products, including stainless steel sheet or strip, plate, bar, rod and wire is also provided. This comprehensive study also covers all information regarding steel demand analysis in various sectors, including construction, automobiles, energy, container, defense and security, etc. It covers a steel pricing analysis vis-a-vis steel spot prices and average scrap prices. Besides these, the research includes trends and drivers prevailing in the US steel industry. The report is an outcome of comprehensive research and unbiased analysis of the US steel industry and its various segments to present a clear picture of the past and present market trends. It evaluates the existing market opportunities in relation to the factors driving steel demand. Also, it contains information about steel pricing and US government's stimulus package to bring the industry back on its growth track. Finally, the report covers a detailed analysis of key players with their business descriptions, financial analyses and strengths & weaknesses. These players' production growth rate analyses are compared with the industry's average growth rate to understand the direction in which the steel industry is likely to move in future. Companies Mentioned: - AK Steel Corporation - Allegheny Technologies Incorporated - ArcelorMittal USA, LLC - Commercial Metals Company - Gerdau Ameristeel Corporation - Nucor Corporation - Steel Dynamics, Inc. (SDI) - The Timken Company - United States Steel Corporation For more information visit http://www.researchandmarkets.com/research/kl...l_industry About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Commercial Metals Company Announces Second Quarter 2014 Conference Call Webcast Details
PR Newswire - Thu Feb 27, 3:45PM CST
Commercial Metals Company (NYSE: CMC), in conjunction with its second quarter earnings release, invites you to listen to its conference call that will be broadcast live over the Internet on Thursday, March 27, 2014, at 11:00 a.m. Eastern time (10:00 a.m. Central) with Joe Alvarado, Chairman of the Board, President & CEO, and Barbara Smith, Senior Vice President & CFO.
Downgrade Alert for Commercial Metals (CMC)
Comtex SmarTrend(R) - Mon Feb 24, 7:11AM CST
Commercial Metals (NYSE:CMC) was downgraded from Buy to Hold at Keybanc today. The stock closed yesterday at $19.50 on volume of 1.1 million shares, above average daily volume of 914,000. Commercial Metals Company and its subsidiaries manufacture, recycle, and market steel and metal products and related materials. The Company markets and trades primary and secondary metals, steel, ores, concentrates, industrial minerals, ferroalloys, chemicals, and other materials used in a variety of industries.
Sector Snap: Steelmakers
AP - Tue Jan 28, 1:18PM CST
NEW YORK (AP) — Several steel companies reported better-than-expected results, although investors didn't reward them all the same.
Earnings Look Back: Commercial Metals Is Down 5.3% Since Reporting Quarterly Results 2 Weeks Ago (CMC)
Comtex SmarTrend(R) - Mon Jan 27, 6:59AM CST
20 days ago, on January 7th, 2014, Commercial Metals (NYSE:CMC) reported its earnings. Analysts, on average, expected earnings of $0.23 per share on sales of $1.7 billion. The company actually reported EPS of $0.27 on sales of $1.7 billion, beating EPS estimates by $0.04 and missing revenue estimates by $52.6 million. Since the company's report, shares of Commercial Metals have fallen from $19.99 to $18.94, representing a loss of 5.3% in the past 20 days.
Commercial Metals Shares Up 35.1% Since SmarTrend's Buy Recommendation (CMC)
Comtex SmarTrend(R) - Tue Jan 21, 5:04PM CST
SmarTrend identified an Uptrend for Commercial Metals (NYSE:CMC) on July 11th, 2013 at $15.14. In approximately 6 months, Commercial Metals has returned 35.07% as of today's recent price of $20.45.
Stock Price Updates, Conference Call Schedule, and Financial Results - Research Report on ArcelorMittal, Southern Copper, Steel Dynamics, CSN, and Commercial Metals
PR Newswire - Thu Jan 16, 7:00AM CST
Today, Analysts' Corner announced new research reports highlighting ArcelorMittal (NYSE: MT), Southern Copper Corp. (NYSE: SCCO), Steel Dynamics Inc. (NYSE: STLD), Companhia Siderurgica Nacional (NYSE: SID) and Commercial Metals Company (NYSE: CMC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Ex-Dividends To Watch: 5 Stocks Going Ex-Dividend Tomorrow: KMM, DMLP, KTF, CMC, CAT
at The Street - Wed Jan 15, 9:00AM CST
KMM DMLP KTF CMC CAT are going ex-dividend tomorrow, Thursday, Jan. 16, 2014, 5:00 AM ET
Commercial Metals Up 33.4% Since SmarTrend Uptrend Call (CMC)
Comtex SmarTrend(R) - Tue Jan 14, 11:10AM CST
SmarTrend identified an Uptrend for Commercial Metals (NYSE:CMC) on July 11th, 2013 at $15.14. In approximately 6 months, Commercial Metals has returned 33.36% as of today's recent price of $20.19.
Commercial Metals Beats Q1 Earnings, Misses on Revs - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jan 08, 10:38AM CST
Commercial Metals' earnings beat the Zacks Consensus Estimate but sales miss.
Commercial Metals 1Q net income falls 8 percent
By The Associated Press - AP - Tue Jan 07, 10:59AM CST
NEWS: Commercial Metals Co. said Tuesday that its first-quarter net income fell 8 percent as revenue slipped at its recycling and international marketing and distribution units. But its earnings still beat analysts' expectations and its shares hit their highest point in over four years.
37.4% Return Seen to Date on SmarTrend Commercial Metals Call (CMC)
Comtex SmarTrend(R) - Tue Jan 07, 9:57AM CST
SmarTrend identified an Uptrend for Commercial Metals (NYSE:CMC) on July 11th, 2013 at $15.14. In approximately 6 months, Commercial Metals has returned 37.38% as of today's recent price of $20.80.
Intersolar Summits Set To Extend Intersolar's Portfolio Of Global Events
PR Newswire - Tue Jan 07, 9:09AM CST
In addition to the existing Intersolar exhibitions and conferences taking place in Europe, the USA, India, China and South America, Intersolar is launching its new global conference program Intersolar Summits. The program will build on Intersolar's portfolio by initially running events in the US states of New Jersey and Arizona as well as in Mexico and Chile in the first half of 2014. The first Intersolar Summit actually took place in Brazil back in 2012 and has since expanded into Intersolar South America, an event with its own exhibition and conference. The organizers intend for them to provide companies working within the solar industry and their partners new ways of accessing the market.
Stock Market Today: Netflix Stung by a Downgrade
Demitrios Kalogeropoulos, The Motley Fool - Motley Fool - Tue Jan 07, 8:00AM CST
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. Expect a strong start to the stock market today, as the ...
Commercial Metals Company Reports First Quarter Earnings Per Share Of $0.39 And Announces Quarterly Dividend Of $0.12 Per Share
PR Newswire - Tue Jan 07, 6:00AM CST
Commercial Metals Company (NYSE: CMC) today announced financial results for its first quarter ended November 30, 2013. Net earnings for the first quarter were $45.9 million, or $0.39 per diluted share, on net sales of $1.7 billion. This compares to net earnings of $49.7 million, or $0.42 per diluted share, on net sales of $1.7 billion for the three months ended November 30, 2012.
US Steel gets upgraded by KeyBanc
AP - Thu Jan 02, 12:50PM CST
NEW YORK (AP) — US Steel was upgraded Thursday by KeyBanc Capital Markets, which predicted that the company will benefit from some higher steel prices and a break on cost of raw materials.
