Last $51.00 USD
Change Today +0.31 / 0.61%
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As of 8:04 PM 07/23/14 All times are local (Market data is delayed by at least 15 minutes).

nucor corp (NUE) Key Developments

Nucor Corporation Provides Earnings Guidance for the Second Quarter Ending July 5, 2014

Nucor Corporation announced earnings guidance for the second quarter ending July 5, 2014. The company expects second quarter results to be in the range of $0.35 to $0.40 per diluted share. This range represents an increase from the second quarter of 2013 earnings of $0.27 per diluted share and is comparable with first quarter of 2014 earnings of $0.35 per diluted share.

Nucor Corporation Declares Regular Quarterly Cash Dividend, Payable on August 11, 2014

The board of directors of Nucor Corporation declared the regular quarterly cash dividend of $0.37 per share on its common stock. This cash dividend is payable on August 11, 2014 to stockholders of record on June 30, 2014, and is its 165th consecutive quarterly cash dividend.

Nucor Seeks Acquisitions

Nucor Corporation (NYSE:NUE) seeks acquisitions. John Ferriola, Nucor's Chairman, Chief Executive Officer and President, commented, "The promotions of Chad and Leon result from the thoughtful and orderly succession planning that has been a significant strategic initiative through the Nucor organization in recent years. Chad will be a strong addition to our executive management team and will continue the success that Joe and his team have achieved in optimizing existing operations and completing strategic acquisitions to profitably grow Nucor's beam and plate businesses."

Nucor Corporation Announces Management Changes, Effective May 11, 2014

Nucor Corporation announced that Chad Utermark, Vice President and General Manager of Nucor-Yamato Steel Company, has been promoted to Executive Vice President of beam and plate products effective May 11, 2014. Joe Stratman, who has served as Executive Vice President of beam and plate products since 2007, will continue to focus on the business development activities for which he assumed responsibility in 2010. Mr. Utermark, 46, began his career with Nucor as a utility operator at Nucor Steel-Arkansas in 1992, became shift supervisor in 1995 and was promoted to Hot Mill Manager in 1999. In 2003, he transferred to Nucor Steel-Texas as their Roll Mill Manager and was promoted to General Manager in 2008 and Vice President in 2009. Mr. Utermark has served as Vice President and General Manager of Nucor-Yamato Steel Company since 2011.

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Price/Sales 0.8x
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