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Tag: nucor
Nucor profit up 66% on strong demand for steel
2014-10-23 18:47:18| Steel - Topix.net
Nucor Corp. said its third-quarter earnings rose 66% on stronger demand for the steelmaker's products, particularly from improving energy and automotive markets. Nucor, which is based in Charlotte, N.C., and operates scrap-based plants known as minimills, recently completed its $770 million purchase of Midwestern steel mill Gallatin Steel Company.
Tags: strong
demand
profit
steel
Nucor Given Consensus Rating of "Hold" by Analysts
2014-10-18 00:52:29| Steel - Topix.net
Shares of Nucor have received an average rating of "Hold" from the seventeen brokerages that are currently covering the company, AR Network reports . One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and five have given a buy rating to the company.
Tags: rating
hold
consensus
analysts
Nucor Completes Gallatin Acquisition
2014-10-15 18:43:02| Steel - Topix.net
Nucor Corp., Charlotte, N.C., has completed the acquisition of Gallatin Steel Co. for approximately $770 million.
Tags: acquisition
completes
gallatin
completes acquisition
Nucor acquisition of Gallatin receives regulatory approval
2014-10-07 02:35:44| Steel - Topix.net
The Federal Trade Commission has approved Nucor Corp.'s $770 million acquisition of Gallatin Steel Co., Ghent, Kentucky. The steel minimill manufactures flat-rolled products and has an annual capacity of 1.8 million tons.
Tags: approval
acquisition
regulatory
receives
Nucor Price Target Raised to $55.00
2014-10-03 11:11:08| Steel - Topix.net
The firm currently has a "hold" rating on the stock. Deutsche Bank's price target would suggest a potential upside of 4.11% from the stock's previous close.
Tags: price
target
raised
target price
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