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| Company | Date | Price Target | Rating | Analyst |
|---|---|---|---|---|
| 10/11/2024 | Overweight → Neutral | JP Morgan | ||
| 10/9/2024 | Outperform → Peer Perform | Wolfe Research | ||
| 10/4/2024 | $72.00 → $68.00 | Buy → Hold | Jefferies | |
| 10/2/2024 | Hold → Buy | Berenberg | ||
| 10/1/2024 | $140.00 → $155.00 | Neutral → Buy | BofA Securities | |
| 9/17/2024 | $135.00 → $127.00 | Market Perform | BMO Capital Markets | |
| 9/16/2024 | Mkt Perform → Outperform | Bernstein | ||
| 9/9/2024 | $120.00 → $131.00 | Underweight → Neutral | JP Morgan |
4 - NUCOR CORP (0000073309) (Issuer)
4 - COMMERCIAL METALS Co (0000022444) (Issuer)
SC 13G - RADIUS RECYCLING, INC. (0000912603) (Subject)
SC 13G/A - STEEL DYNAMICS INC (0001022671) (Subject)
SC 13G/A - RADIUS RECYCLING, INC. (0000912603) (Subject)
Luxembourg, November 7, 2024 - ArcelorMittal (referred to as "ArcelorMittal" or the "Company" or the "Group") (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world's leading integrated steel and mining company, today announced results1 for the three-month and nine-month periods ended September 30, 2024. 3Q 2024 key highlights: Safety focus: The Company-wide audit of safety by dss+ is now complete. It has provided the Group with a clear set of 6 recommendations which the Company is committed to implement. LTIF2 rate of 0.88x in 3Q 2024 and 0.68x in 9M 2024 Structurally higher margins and resilient operating results: Despite the challenging market environment, the Company c
Third Quarter of 2024 Highlights Consolidated net earnings attributable to Nucor stockholders of $249.9 million, or $1.05 per diluted share.Adjusted net earnings attributable to Nucor stockholders of $353.0 million, or $1.49 per diluted share.Net sales of $7.44 billion.Net earnings before noncontrolling interests of $302.8 million; EBITDA of $869.0 million.CHARLOTTE, N.C., Oct. 21, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced consolidated net earnings attributable to Nucor stockholders of $249.9 million, or $1.05 per diluted share, for the third quarter of 2024. Excluding non-cash impairment charges taken during the quarter, Nucor's third quarter of 2024 adjusted net ea
CHARLOTTE, N.C., Oct. 21, 2024 /PRNewswire/ -- In conjunction with Nucor's (NYSE: NUE) third quarter earnings release, you are invited to listen to its live conference call with host Leon Topalian, Nucor's Chair, President and Chief Executive Officer. This conference call will include a review of Nucor's results for the third quarter ended September 28, 2024, followed by a question-and-answer session. The event will be available on the internet on October 22, 2024, at 10:00 a.m. Eastern Time. What: Nucor's Third Quarter of 2024 Conference Call When: 10:00 a.m. Eastern Time on Tuesday, October 22, 2024 Where: https://app.webinar.net/ZWOgBAkj1mJ or at https://nucor.c
Luxembourg, November 7, 2024 - ArcelorMittal (referred to as "ArcelorMittal" or the "Company" or the "Group") (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world's leading integrated steel and mining company, today announced results1 for the three-month and nine-month periods ended September 30, 2024. 3Q 2024 key highlights: Safety focus: The Company-wide audit of safety by dss+ is now complete. It has provided the Group with a clear set of 6 recommendations which the Company is committed to implement. LTIF2 rate of 0.88x in 3Q 2024 and 0.68x in 9M 2024 Structurally higher margins and resilient operating results: Despite the challenging market environment, the Company c
IRVING, Texas, Nov. 5, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today issued a statement in response to the jury verdict reached in the Pacific Steel Group v. Commercial Metals Co. (N.D. Cal.) litigation. Pacific Steel Group ("Pacific Steel") filed this lawsuit claiming, among other things, various restraints on trade by CMC. A trial on Pacific Steel's claims began on October 21st and concluded today with a verdict in favor of Pacific Steel in the amount of $110 million, which will be trebled as a matter of law, plus attorneys' fees. We are very disappointed by the outcome, and plan to appeal the verdict. CMC stands by the strong integrity of its business practices and w
FORT WAYNE, Ind., Oct. 30, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that they recently joined the U.S. Environmental Protection Agency's (EPA) Green Power Partnership (GPP). Steel Dynamics was recognized by the U.S. EPA appearing number 21 on their list of Green Power Partners from the Fortune 500® and number 33 on their National Top 100 List of the largest green power users from the GPP. In 2023, Steel Dynamics steel mills utilized 690 million kilowatt-hours (kWh) of green power, which is enough to meet 10 percent of its steel mill operations' electricity use and achieve its 2025 renewable electrical energy goal.
4 - NUCOR CORP (0000073309) (Issuer)
4 - NUCOR CORP (0000073309) (Issuer)
4 - NUCOR CORP (0000073309) (Issuer)
6-K - ArcelorMittal (0001243429) (Filer)
8-K - STEEL DYNAMICS INC (0001022671) (Filer)
6-K - BHP Group Ltd (0000811809) (Filer)
JP Morgan downgraded ArcelorMittal from Overweight to Neutral
Wolfe Research downgraded Commercial Metals from Outperform to Peer Perform
Jefferies downgraded BHP Group from Buy to Hold and set a new price target of $68.00 from $72.00 previously
Commercial Metals's (NYSE:CMC) short percent of float has risen 10.96% since its last report. The company recently reported that it has 3.56 million shares sold short, which is 4.15% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.82 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short inter
Nucor Corporation (NYSE:NUE) shares are trading lower today. Yesterday, the company reported better-than-expected second-quarter financial results. Nucor reported quarterly earnings of $2.68 per share, which beat the analyst consensus estimate of $2.35 by 14.04%. Quarterly sales came in at $8.08 billion, which beat the analyst consensus estimate of $7.69 billion by 5.13%. Nucor anticipates a decline in third-quarter 2024 earnings compared to the second quarter, primarily due to lower average selling prices impacting the steel mills segment. KeyBanc Capital Markets analyst Philip Gibbs says that 3Q24 guidance suggests weaker earnings in Steel Products and Raw Materials than his curre
HSBC analyst Shilan Modi upgrades Rio Tinto (NYSE:RIO) from Hold to Buy.
IRVING, Texas, Oct. 1, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) (the "Company") today announced that the Board of Directors of the Company (the "Board") appointed Kekin Ghelani to serve as the Company's Senior Vice President, Chief Strategy Officer, effective October 1, 2024. In this role, Chief Strategy Officer, Mr. Ghelani will be responsible for guiding the strategic direction of the Company, driving long-term growth and M&A activity, leading integration efforts following future acquisitions, and ensuring alignment across all lines of business to support CMC's dynamic and competitive goals. Mr. Ghelani previously served as the Chief Strategy and Growth Officer of Summit
TORONTO, Sept. 03, 2024 (GLOBE NEWSWIRE) -- BHP Xplor, the six-month accelerator program aimed at revolutionizing critical mineral exploration, has officially opened applications for the 2025 cohort. Following the success of the 2023 and 2024 cohorts, BHP Xplor is excited to invite early-stage explorers to join its next chapter. Once again, the program is seeking visionary teams focused on uncovering new sources of critical minerals crucial for a sustainable future. The BHP Xplor program is designed to accelerate participants' exploration opportunities while fostering long-term relationships with BHP. Participants will benefit from up to $500K equity-free funding, expert mentorship, and
Enhances board composition with additional qualifications and experience D.R. Horton, Inc. (NYSE:DHI), America's Builder, announced today that its Board of Directors (the "Board") has appointed three new independent directors – Barbara R. Smith, M. Chad Crow and Elaine D. Crowley – effective August 26, 2024. As part of the Company's succession planning and commitment to ensuring strong Board composition, the three newly appointed directors each bring valuable experience and insight to the D.R. Horton Board. Each appointee has an excellent professional resume that adds to the qualifications, experiences and characteristics of the Company's current Board composition. Ms. Smith was named