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Steel Dynamics Announces Quarterly Cash Dividend
Thursday, March 10, 2011 - 5:10pm | 61Today Steel Dynamics, Inc. (NASDAQ: STLD) announced that its board of directors has declared a quarterly cash dividend of $0.10 per common share, an increase of 33 percent from the 2010 fourth quarter dividend. The dividend is payable on or about April 14, 2011, to shareholders of record at the...
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Pre-Market New And Views
Thursday, March 10, 2011 - 10:26am | 418This morning the S&P 500 e-mini futures contract(ES H1) is trading lower by 7.25 points to 1307.75. The futures have come under pressure as the Asian market tumbled last night. The highly important Shanghai Index(China) traded lower by 1.51 percent. Whenever, the leading Asian stock indexes...
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Rio Tinto Raises Bid For Riversdale Mining
Thursday, March 10, 2011 - 3:02am | 221Rio Tinto (NYSE: RIO), the world's second-largest mining company, has raised its bid for Australian coal producer Riversdale Mining to $3.9 billion in an effort to ward off challenges from steelmakers that own stakes in the coal company that threaten the deal. Brazil's Companhia Siderurgica...
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A. M. Castle & Co. Reports Fourth Quarter and Full Year 2010 Results
Tuesday, March 8, 2011 - 9:17am | 123A. M. Castle & Co. (NYSE: CAS), a global distributor of specialty metal and plastic products, value-added services and supply chain solutions, today reported financial results for the fourth quarter and full year ended December 31, 2010. For the fourth quarter 2010, consolidated net sales were...
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CAS Reports Q4 Loss of $0.07 per share
Tuesday, March 8, 2011 - 9:15am | 68A. M. Castle & Co (NYSE: CAS) reported its Q4 loss at $0.07 per share, versus the expected loss of $0.04 per share. CAS reported its Q4 revenue at $235.6 million, versus the consensus of $228.75 million. CAS shares fell 5.99% to close at $16.63 yesterday. Read more from Benzinga's Company...
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Earnings Scheduled For March 8 (DMND, SVN, AVAV, BF-B, FMCN, DKS, CKEC, BKCC, CAS, SAM, AHS, CPIX, AREX)
Tuesday, March 8, 2011 - 3:28am | 377Diamond Foods Inc (NASDAQ: DMND) is estimated to report its Q2 EPS at $0.89 on revenue of $265.13 million. 7 Days Group Holdings Limited (NYSE: SVN) is expected to report its Q4 EPS at $0.13 on revenue of $65.83 million. AeroVironment Inc (NASDAQ: AVAV) is projected to post its FQ3 earnings at $...
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Bull & Bear: Cliff's Natural Resources (CLF)
Monday, March 7, 2011 - 2:48pm | 419Shares of Cliffs Natural Resources (NYSE: CLF) are cruising lower this afternoon (Along with the overall market) to the tune of 4.92%, trading at $94.24. With shares now sitting on the 20-day moving average, a trendline that has been a terrific buy point for the past six months, one has to wonder...
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Nucor Announces Ground Breaking in St. James Parish Project
Monday, March 7, 2011 - 2:15pm | 90Nucor Corporation (NYSE: NUE) announced today that it has broken ground on its direct reduced iron (DRI) making facility that will be located in St. James Parish, Louisiana. Nucor's Chairman and Chief Executive Officer, Dan DiMicco, spoke at the event, alongside Governor Bobby Jindal and Economic...
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Pre-Market News and Views
Monday, March 7, 2011 - 10:21am | 436This morning the S&P 500 e-mini futures(ES H1) are actually trading higher by 1.00 point to 1321.25 despite the surge higher in oil. Oil is trading higher today by $2.18 to $106.60 a barrel. This is a new 52 week high for crude as the violence in Libya continues to escalate. Other nations in...
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Allegheny Technologies Announces Retirement of Officer
Monday, March 7, 2011 - 9:33am | 43Allegheny Technologies Incorporated (NYSE: ATI) announced today that Jon D. Walton, Executive Vice President, Human Resources, Chief Legal and Compliance Officer, and Corporate Secretary, has announced his decision to retire effective May 1, 2011.
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A Peek Into The Market Before The Trading Starts
Monday, March 7, 2011 - 8:31am | 404Pre-open moversUS stock futures are higher this morning as crude oil futures surged above $106 per barrel. Futures on the Dow Jones Industrial Average surged 37 points to 12,191.00 and futures on the S&P 500 stock index climbed 4.80 points to 1,325.10. Nasdaq 100 futures rose 12.75 points to 2,...
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Arcelor Mittal, Vale Competing For Mongolian Coal Mine
Monday, March 7, 2011 - 4:14am | 285Arcelor Mittal (NYSE: MT), the world's largest steelmaker, and Brazil's Vale (NYSE: VALE), the world's largest iron ore producer, are among six companies in a heated competition to Mongolia's Tavan Tolgoi mine, the world's largest coking coal deposit that has yet to be mined. Peabody Energy (NYSE...
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March 5, 2011: Coal, Not Yet A "Fossil"
Saturday, March 5, 2011 - 3:10pm | 415Most of us know coal as a dirty, black, smelly fossil fuel that has made investors some clean, green and sweet profits recently. I believe that investment in coal remains bullish,and here's why: 1. While the media focuses on new energy technologies, the truth is that less than of power produced...
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Commercial Metals Company Announces Second Quarter 2011 Conference Call Webcast Details
Thursday, March 3, 2011 - 5:32pm | 65Commercial Metals Company (NYSE: CMC), in conjunction with its second quarter earnings release, invites you to listen to its conference call that will be broadcast live over the Internet on Tuesday, March 22, 2011, at 11:00 a.m. Eastern time with Murray R. McClean, Chairman, President & CEO; Joe...
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ArcelorMittal to Invest in a Thai Steel Producer G Steel
Wednesday, March 2, 2011 - 11:23am | 109ArcelorMittal (NYSE: MT) today announces that it has signed agreements to invest new capital resulting in a shareholding of 40 percent in G Steel Public Company Limited , a company listed on the Stock Exchange of Thailand. G Steel and its subsidiary GJ Steel Public Company Limited, which is also...