Nucor Corporation stock price

Nucor Corporation latest news:


  • 09/15/2017 07:27:15

    Nucor's stock falls after profit warning

    Nucor Corp.'s stock dropped 1.0% in premarket trade Friday, after the steel maker lowered its profit outlook for the third quarter, citing continued import pressure and unplanned outages, as well as "tepid" demand in plate end use markets. The company expects earnings per share for the current quarter of 70 cents to 80 cents, down from $1.00 in the second quarter and below previous guidance that EPS was expected to be "similar" to the first half of the year. The FactSet EPS consensus was $1.04. Nucor said finished steel imports, which accounts for about a 28% share of the U.S. market, has not allowed pricing to keep pace with increasing raw material costs. The company said Nucor Steel Louisiana experienced an unplanned production halt in late July to make repairs to its materials handling systems, and isn't expected to resume operation until early October. The stock had shed 1.2% over the past three months, while the S&P 500 had gained 2.6%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/17/2017 12:59:14

    BRIEF-Nucor files for potential mixed shelf offering, size undisclosed - SEC filing

    Nucor Corp(NUE): * Nucor Corp(NUE) files for potential mixed shelf offering, size undisclosed - SEC filing Source text Further company coverage:

  • 07/13/2017 13:34:49

    Steel company stocks rally on reports Trump would consider quotas and tariffs on imports

    Shares of steel companies spiked in afternoon trading on Thursday, after President Donald Trump reportedly said he would consider quotas and tariffs on steel imports into the United States. AK Steel Holding Corp. spiked 7.6%, sharply extending a gain it had had prior to the report. United States Steel Corp. gained 4.6%, while Nucor Corp. was up 2.5%. The VanEck Vectors Steel ETF , which has a heavy weighting toward foreign steel companies, was 0.5% higher. Despite the gains on the day, both U.S. Steel and AK Steel are down sharply for 2017, dropping more than 25%. In the broader market, the Dow Jones Industrial Average rose 0.1%, while both the S&P 500 and the Nasdaq Composite Index were up 0.2%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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