
especially given the weak construction markets. The company paid $17 million for three joist-making facilities from Commercial Metals CMC in 2010. This is probably a good price, but the profit potential of these assets will be limited in the near
April 18 (Reuters) - Billionaire investor Carl Icahn cut his stake in Commercial Metals Co three months after dropping a $1.73 billion buyout offer.
nature of the Scrap Metal Recycling industry, specifically Schnitzer Steel ( SCHN ). Similar companies include: Commercial Metals Company ( CMC ) and Sims Metal Management ( SMS ). Nucor ( NUE ) and United States Steel ( X ) also have interests
markets in the United States. Commercial Metals struggled in the joist and deck ..... acquisitors to take a fresh look. Commercial Metals has increased its dividend substantially ..... payout ratio relative to peers. Commercial Metals is currently overleveraged
Commercial Metals CMC reported second fiscal quarter earnings from continuing operations ..... supply. The third fiscal quarter is seasonally the strongest for Commercial Metals , given the high exposure to the construction markets that pick up
(Reuters) - Commercial Metals ' quarterly profit beat analysts' expectations for the fourth time in a row on strong sales, and the metal recycler said it expects scrap prices to remain relatively...
Commercial Metals Company ( CMC ): FQ2 EPS of $0.25 beats by $0.16 . Revenue of $1.96B (+9.8% Y/Y) in-line. ( PR ) Post your comment!
Hello and welcome everyone to today's Commercial Metals Company Second Quarter Fiscal 2012 Earnings Call. As always, today's call is being recorded. After the Company's remarks
No Icahn , means no love from BofA toward shares of Commercial Metals ( CMC ). Analysts with the firm initiate coverage with a dour Underperform rating. Shares flat in premarket trading. Post your comment!
(Reuters) - Billionaire investor Carl Icahn on Wednesday dropped his $1.73 billion hostile bid for Commercial Metals Co after failing to pick up support among the metal company's other shareholders.