Nucor Corporation reported Thursday its guidance for Q1 2013 (ended March 30, 2013). Nucor anticipates earnings to be in the range of $0.20 to $0.25 per diluted share, a substantial drop from Q1 2012 earnings of $0.46 per diluted share and ...
Tags: flat steel market, flat steel, steel market
The European Economic Advisory Group at CESifo (EEAG)* has released its twelfth Report on the European Economy today in Brussels. The international group of scholars expects world GDP to grow by 3.3 percent this year, up from 3.0 percent in ...
Tags: European Economy, GDP, economy
The international rating agency Fitch has downgraded Italy's long-term rating to 'BBB+' from 'A-'. The outlook on the long-term issuer default rating (IDR) is negative. According to Fitch’s press release, the inconclusive results of ...
Tags: Fitch, rating agency, long term rating
The sharemarket rose yesterday as defensive and high-yield stocks had broad-based gains after stronger-than-expected German business confidence data brightened the eurozone economic outlook and US earnings reports beat expectations. The ...
Tags: earnings, stocks, sharemarket
Iraq’s Cabinet has authorized the Oil Ministry “to sign an agreement of principles” on two key oil and natural gas pipeline projects, reports Platts. The agreement will be between the Iraqi Oil Ministry, the Iranian Oil ...
Tags: Cabinet, Iran-Syria Pipelines, Iraq
The sharemarket fell the most in four weeks yesterday after political uncertainty in Spain and Italy triggered risk aversion in global markets and domestic earnings reports mostly disappointed investors. THE sharemarket fell the most in ...
Tags: stocks, sharemarket, Australian market
The Dodge Momentum Index rose 3.2 percent in December, according to the latest report from McGraw-Hill Construction, a division of The McGraw-Hill Companies. The Momentum Index is a monthly measure of the first (or initial) report for ...
Tags: Dodge Momentum Index, December, McGraw Hill Construction
At the SteelOrbis Fall '11 Conference & 65th IREPAS Meeting held in St. Petersburg on September 25-27,we had the opportunity to discuss about the situation in the steel markets and about emerging markets with Kevin Geybels, West Africa ...
Tags: SteelOrbis, metallurgy, mineral, steel markets, Manuchar
G&K Services Inc. reported operating results for the first quarter of its fiscal year 2013, which ended on September 29, 2012. First quarter revenue grew by 6.1 percent to $222.4 million, up from $209.7 million in last year's first quarter, ...
Tags: G&K Services Inc, Douglas A.Milroy, rental operations, direct sales
Steel Dynamics Inc has provided fourth quarter earnings guidance in the range of USD 0.18 to USD 0.22 per diluted share, which includes an expected favorable tax adjustment of approximately USD 0.06 per diluted share. Excluding the tax ...
Tags: Steel Dynamics Inc, per diluted share, steel, ferrous metal
The Equipment Leasing & Finance Foundation (the Foundation) released a new quarterly update to its 2012 Equipment Leasing & Finance U.S. Economic Outlooktoday. The report, which is focused on the $628 billion equipment leasing and finance ...
Tags: Equipment Leasing, 2012, US Economic Outlook
The Equipment Leasing and Finance Association's(ELFA)Monthly Leasing and Finance Index(MLFI-25),which reports economic activity for the $628 billion equipment finance sector,showed overall new business volume for August was $6.9 billion,up ...
Steel Market Update Steel Buyers Sentiment Index was measured at +16 down 7 points from the +23 registered during the middle of November survey and back to the exact same level measured at the beginning of November. Any reading above zero ...
South African retailer Massmart Holdings said its growth remained "steady" in the 20 weeks to 11 November but warned on margins for the second half. Notwithstanding "political uncertainty, both nationally and globally", South African ...
Tags: Massmart Holdings, growth, margin, food product
Dow Corning Corp. announced sales of $4.64 billion and net income of $288 million through the first three quarters of 2012. Dow Corning's year-to-date sales and net income were down 5 percent and 47 percent, respectively, compared to 2011 ...
Tags: net income, Polysilicon prices, Polysilicon