Commercial Metals to Sell Australian Distribution Assets
Zacks Equity Research - Zacks Investment Research - Mon Jun 20, 6:29AM CDT
Commercial Metals Company (CMC) has decided to sell its remaining steel distribution assets in Australia.
RYI: 18.89 (-0.37), CMC: 17.62 (-0.01), MT: 5.63 (+0.01), PKX: 49.05 (+2.36)
Featured Research Report on Steel and Iron's Stocks
ACCESSWIRE - Fri Jun 03, 8:16AM CDT
LONDON, UK / ACCESSWIRE / June 3, 2016 / ActiveWallSt.com announces the list of stocks for today's research coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Steel & Iron industry. Companies recently under review include Nucor, Commercial Metals, TimkenSteel, and Reliance Steel & Aluminum. Register with us now for your free membership and see our complete reports on these equities at:
RS: 82.53 (+0.04), TMST: 11.19 (+0.14), CMC: 17.62 (-0.01), NUE: 55.88 (-0.46)
Downgrade Alert for Commercial Metals (CMC)
Comtex SmarTrend(R) - Fri Jun 03, 3:08AM CDT
Commercial Metals (NYSE:CMC) was downgraded from Neutral to Underperform at BofA/Merrill today. The stock closed yesterday at $16.97 on volume of 2.8 million shares, above average daily volume of 1.8 million. Commercial Metals share prices have moved between a 52-week high of $18.50 and a 52-week low of $12.44 and closed yesterday at 36% above that low price at $16.97 per share. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 1.7%.
CMC: 17.62 (-0.01)
After Yesterday's Decline of 3.16%, Commercial Metals Offers Investors Better Value
Comtex SmarTrend(R) - Thu Jun 02, 2:48PM CDT
Commercial Metals (NYSE:CMC) traded in a range yesterday that spanned from a low of $16.31 to a high of $16.92. Yesterday, the shares fell 3.2%, which took the trading range below the 3-day low of $16.82 on volume of 1.7 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CMC: 17.62 (-0.01)
Falling Earnings Estimates Signal Weakness Ahead for CF Industries (CF)
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 7:56AM CDT
CF Industries has witnessed a significant price decline in the past four weeks and negative estimate revisions, making it time for investors to sell it off.
CMC: 17.62 (-0.01), CF: 26.26 (+0.23)
Valmont Poised on Strategic Actions Amid Industry Headwinds
Zacks Equity Research - Zacks Investment Research - Tue May 31, 6:37AM CDT
We have issued an updated research report on steel pipe and tube company Valmont Industries (VMI).
RYI: 18.89 (-0.37), CMC: 17.62 (-0.01), VMI: 138.75 (+0.81), MT: 5.63 (+0.01)
Zacks Industry Outlook Highlights: Nucor, Commercial Metals, United States Steel, ArcelorMittal and Steel Dynamics
Zacks Equity Research - Zacks Investment Research - Fri May 27, 8:30AM CDT
Zacks Industry Outlook Highlights: Nucor, Commercial Metals, United States Steel, ArcelorMittal and Steel Dynamics
STLD: 27.33 (-0.16), CMC: 17.62 (-0.01), NUE: 55.88 (-0.46), X: 20.78 (-0.33), MT: 5.63 (+0.01)
Steel Industry Steadily Gaining Strength
Zacks Equity Research - Zacks Investment Research - Thu May 26, 1:36PM CDT
Steel Industry Steadily Gaining Strength
STLD: 27.33 (-0.16), CMC: 17.62 (-0.01), NUE: 55.88 (-0.46), AKS: 5.22 (-0.21), X: 20.78 (-0.33), MT: 5.63 (+0.01)
Watch for Commercial Metals to Potentially Pullback After Gaining 2.70% Yesterday
Comtex SmarTrend(R) - Mon May 23, 4:07PM CDT
Commercial Metals (NYSE:CMC) traded in a range yesterday that spanned from a low of $16.37 to a high of $16.96. Yesterday, the shares gained 2.7%, which took the trading range above the 3-day high of $16.95 on volume of 704,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CMC: 17.62 (-0.01)
Commercial Metals Company Announces Third Quarter Fiscal 2016 Conference Call Webcast Details
PR Newswire - Mon May 23, 3:15PM CDT
Commercial Metals Company (NYSE: CMC), in conjunction with its third quarter earnings release, invites you to listen to its conference call that will be broadcast live over the Internet on Thursday, June 23, 2016, at 11:00 a.m. Eastern Time (10:00 a.m. Central) with Joe Alvarado, Chairman of the Board, President & CEO, Mary Lindsey, Vice President & CFO and Barbara Smith, Chief Operating Officer.
CMC: 17.62 (-0.01)
Commercial Metals Has Returned 18.0% Since SmarTrend Recommendation (CMC)
Comtex SmarTrend(R) - Tue May 03, 1:29PM CDT
SmarTrend identified an Uptrend for Commercial Metals (NYSE:CMC) on February 17th, 2016 at $14.53. In approximately 3 months, Commercial Metals has returned 17.97% as of today's recent price of $17.14.
CMC: 17.62 (-0.01)
Commercial Metals Company Celebrates the Groundbreaking of New Micro Mill in Durant, Oklahoma
PR Newswire - Fri Apr 29, 12:00PM CDT
Today, Commercial Metals Company (NYSE: CMC), state, federal and local officials and their honored guests gathered for a groundbreaking ceremony marking the start of construction of CMC's second technologically advanced micro mill which will be located in Durant, OK.
CMC: 17.62 (-0.01)
Shares of CMC Up 24.6% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Fri Apr 22, 1:35PM CDT
SmarTrend identified an Uptrend for Commercial Metals (NYSE:CMC) on February 17th, 2016 at $14.53. In approximately 2 months, Commercial Metals has returned 24.58% as of today's recent price of $18.09.
CMC: 17.62 (-0.01)
Commercial Metals Has Returned 21.7% Since SmarTrend Recommendation (CMC)
Comtex SmarTrend(R) - Fri Apr 15, 1:05AM CDT
SmarTrend identified an Uptrend for Commercial Metals (NYSE:CMC) on February 17th, 2016 at $14.53. In approximately 2 months, Commercial Metals has returned 21.65% as of today's recent price of $17.67.
CMC: 17.62 (-0.01)
Commercial Metals beats 2Q profit forecasts
Automated Insights - Thu Mar 24, 5:55AM CDT
IRVING, Texas (AP) _ Commercial Metals Co. (CMC) on Thursday reported fiscal second-quarter net income of $10.5 million.
CMC: 17.62 (-0.01)
Commercial Metals Company Reports Second Quarter Earnings Per Share Of $0.09; Or $0.15 Adjusted Earnings Per Share(+) Excluding Costs Associated With Senior Note Tender Offers Closed February 17, 2016
PR Newswire - Thu Mar 24, 5:45AM CDT
Commercial Metals Company (NYSE: CMC) today announced financial results for its second quarter ended February 29, 2016. Net earnings attributable to CMC for the three months ended February 29, 2016 were $10.5 million ($0.09 per diluted share) on net sales of $1.0 billion. This compares to net earnings attributable to CMC of $6.2 million ($0.05 per diluted share) on net sales of $1.4 billion for the second quarter ended February 28, 2015. Results for the second quarter of fiscal 2016 included an after-tax impact of debt extinguishment costs of $7.4 million ($0.06 per diluted share) associated with the tender offers for senior notes completed on February 17, 2016.
CMC: 17.62 (-0.01)
Commercial Metals Company Announces Quarterly Dividend Of $0.12 Per Share
PR Newswire - Wed Mar 23, 8:00AM CDT
Today, March 23, 2016, the board of directors of Commercial Metals Company (NYSE: CMC) ("CMC"
CMC: 17.62 (-0.01)
Commercial Metals Shares Up 12.4% Since SmarTrend's Buy Recommendation (CMC)
Comtex SmarTrend(R) - Tue Mar 08, 10:23AM CST
SmarTrend identified an Uptrend for Commercial Metals (NYSE:CMC) on February 17th, 2016 at $14.53. In approximately 3 weeks, Commercial Metals has returned 12.43% as of today's recent price of $16.33.
CMC: 17.62 (-0.01)