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Gerdau SA (GGB) Forecasted to Earn FY2015 Earnings of $0.13 Per Share

2015-12-19 07:44:39| Steel - Topix.net

Analysts at Scotiabank raised their FY2015 earnings per share estimates for shares of Gerdau SA in a report issued on Wednesday, Zacks Investment Research reports. Scotiabank analyst A. Salazar now expects that the brokerage will post earnings of $0.13 per share for the year, up from their prior forecast of $0.06.

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Gerdau SA (GGB) Short Interest Update

2015-12-03 18:40:51| Steel - Topix.net

Gerdau SA saw a large drop in short interest in November. As of November 13th, there was short interest totalling 8,197,297 shares, a drop of 36.7% from the October 30th total of 12,951,797 shares, MarketBeat reports.

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Nucor Acquires Gerdau Bar Mills

2015-11-11 23:02:28| Steel - Topix.net

Nucor Corp., Charlotte, N.C., has agreed to acquire Gerdau Long Steel's Bright Bar assets in Orrville, Ohio, and Cartersville, Ga. Terms of the agreement were not disclosed.

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Nucor Corp. to acquire cold drawn bar assets from Gerdau Long Steel

2015-11-09 17:22:22| Steel - Topix.net

Steelmaker Nucor Corp. of Charlotte, N.C., has agreed to acquire the so-called Bright Bar assets of Gerdau Long Steel in Orrville, Ohio, and Cartersville, Ga., the company announced in a Nov. 9 news release . Terms of the deal were not disclosed.

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Gerdau SA to Issue $0.01 Dividend

2015-11-06 01:06:00| Steel - Topix.net

Gerdau SA announced a dividend on Tuesday, November 3rd, Analyst Ratings Net reports. Shareholders of record on Friday, November 13th will be given a dividend of 0.008 per share on Friday, November 27th.

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