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Brazil's Steelmakers Advance; HSBC Upgrades Gerdau To Buy

2013-08-19 18:01:29| Steel - Topix.net

Behaving nothing like Ibovespa Brasil Sao Paulo Stock Exchange Index - down 0.7% at the time of this post - Brazilian steelmakers are making advances today, benefiting from the depreciation of Brazilian real , which lost 4% of its value last week.

Tags: buy advance upgrades hsbc

 

Gerdau S.A. (GGB) Plans Special Dividend of $0.03

2013-08-06 07:44:18| Steel - Topix.net

Gerdau S.A. declared a special dividend on Monday, August 5th, StockRatingsNetwork.com reports.

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UPDATE 1-Brazil steelmaker Gerdau beats profit estimates

2013-08-01 17:44:59| Steel - Topix.net

Brazil's Gerdau SA beat second-quarter profit estimates on Thursday as costs rose at a slower pace than revenue, in a sign the largest steelmaker in the Americas is banking on prudence to bolster earnings.

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Gerdau S.A. Stock Rating Reaffirmed by Zacks

2013-05-29 00:54:36| Steel - Topix.net

's stock had its "neutral" rating restated by Zacks in a research report issued on Tuesday, Analyst Ratings Network reports.

Tags: rating stock reaffirmed zacks

 

Gerdau S.A. Downgraded to Neutral at JPMorgan Chase

2013-05-24 19:18:33| Steel - Topix.net

Shares of Gerdau S.A. opened at 6.71 on Friday. Gerdau S.A. has a one year low of $6.56 and a one year high of $10.82. The stock's 50-day moving average is currently $7.32. The company has a market cap of $11.411 billion and a P/E ratio of 19.34. A number of other analysts have also recently weighed in on GGB.

Tags: neutral chase jpmorgan downgraded

 

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