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Morningstar Assigns A- Credit Rating to Nucor

2015-11-16 09:47:35| Steel - Topix.net

Nucor has been given an "A-" credit rating by Morningstar . The firm's "A-" rating suggests that the company is a low default risk.

Tags: rating credit assigns morningstar

 

Nucor: The Turnaround Has Begun

2015-11-13 03:12:28| Steel - Topix.net

Nucor delivered an impressive bottom-line performance last quarter on the back of a lower cost base that has been achieved due to electric arc furnaces and low supply costs. NUE's focus on downstream segments such as automotive and non-residential construction will prove to be a boon for long-term investors as both segments are slated to grow robustly.

Tags: begun turnaround nucor

 
 

Nucor Acquires Gerdau Bar Mills

2015-11-11 23:02:28| Steel - Topix.net

Nucor Corp., Charlotte, N.C., has agreed to acquire Gerdau Long Steel's Bright Bar assets in Orrville, Ohio, and Cartersville, Ga. Terms of the agreement were not disclosed.

Tags: bar mills acquires gerdau

 

Nucor Corp. to acquire cold drawn bar assets from Gerdau Long Steel

2015-11-09 17:22:22| Steel - Topix.net

Steelmaker Nucor Corp. of Charlotte, N.C., has agreed to acquire the so-called Bright Bar assets of Gerdau Long Steel in Orrville, Ohio, and Cartersville, Ga., the company announced in a Nov. 9 news release . Terms of the deal were not disclosed.

Tags: long bar cold steel

 

Nucor Trading Up 5.4% Following Earnings Beat

2015-10-22 23:08:51| Steel - Topix.net

Shares of Nucor were up 5.4% during trading on Thursday after the company announced better than expected quarterly earnings, Market Beat reports. The stock traded as high as $42.54 and last traded at $42.49, with a volume of 1,168,736 shares changing hands.

Tags: trading beat earnings nucor

 

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