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Nucor forecasts lower-than-expected fourth-quarter profit

Nucor and Steel Dynamics forecast lower fourth-quarter profits due to decreased steel prices and shipments, with Nucor projecting earnings between $0.55 and $0.65 per share.

investing.com • 16/12/2024 - 22:35 PM

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U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.20%

U.S. stocks showed mixed results, with notable gains and losses across various sectors. Broadcom led S&P gains while Momentus surged dramatically on NASDAQ.

investing.com • 13/12/2024 - 21:30 PM

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UBS downgrades steel stocks citing less compelling risk-reward post rally

UBS downgraded Nucor, Steel Dynamics, and Commercial Metals due to weak earnings and pressures, anticipating recovery in 2025 despite headwinds from a higher yield curve.

investing.com • 12/12/2024 - 16:47 PM

NUE

Earnings call: Nucor reports resilient Q3 earnings, optimistic about growth

Nucor Corporation's Q3 2024 report highlights strong earnings despite market challenges and outlines future growth strategies with significant capital investments and a commitment to sustainability.

investing.com • 22/10/2024 - 21:59 PM

NUE

Steelmaker Nucor's third-quarter profit dented by impairment charges

Nucor's third-quarter profit fell 78% due to impairment charges and weak steel prices, with expectations for continued declines in earnings and revenue amid challenging market conditions.

investing.com • 21/10/2024 - 21:50 PM

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After-hours movers: NANO Nuclear Energy, DMC Global, Zions Bancorp, and more

Various companies experienced stock price movements, with significant drops for NNE, DMC, and Medpace, while Zions Bancorp saw an increase after strong earnings.

investing.com • 21/10/2024 - 20:42 PM

NUE

Nucor beats Q3 revenue estimates, expects earnings to decrease in Q4

Nucor reported Q3 earnings of $1.49 per share, missing estimates, while revenue exceeded expectations at $7.44 billion. The company anticipates lower Q4 earnings.

investing.com • 21/10/2024 - 20:41 PM

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Morning Bid: Holding stock records, with a golden hedge

Global markets are assessing record highs, with concerns over U.S. budget deficits and corporate earnings, alongside geopolitical risks and developments in China and Europe.

investing.com • 21/10/2024 - 10:15 AM

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Global steel output down 7% annually in August: UBS

UBS analysts noted a 7% decline in global steel production in August 2023, primarily due to weak demand. Steel prices vary by region, with challenges expected ahead.

investing.com • 25/09/2024 - 09:51 AM

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Global steel output down 7% annually in August: UBS

Global steel production faced a 7% decline in August 2023, particularly in China. Mixed price trends and regional challenges shape the market outlook and investment recommendations.

investing.com • 25/09/2024 - 09:51 AM

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