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United States

Commercial Metals Co (CMC.N)

CMC.N on New York Stock Exchange

22.27USD
21 Jun 2018
Change (% chg)

$-1.40 (-5.91%)
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$23.67
Open
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Day's Low
$22.07
Volume
704,183
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474,573
52-wk High
$26.71
52-wk Low
$17.05

Latest Key Developments (Source: Significant Developments)

CMC Q2 EPS $0.08 From Continuing Operations
Thursday, 22 Mar 2018 06:45am EDT 

March 22 (Reuters) - Commercial Metals Co ::CMC REPORTS SECOND QUARTER 2018 EARNINGS FROM CONTINUING OPERATIONS OF $0.08 PER SHARE; AND ADJUSTED EARNINGS FROM CONTINUING OPERATIONS OF $0.26 PER SHARE.Q2 ADJUSTED EARNINGS PER SHARE $0.26 FROM CONTINUING OPERATIONS.Q2 EARNINGS PER SHARE $0.08 FROM CONTINUING OPERATIONS.Q2 SALES $1.1 BILLION VERSUS I/B/E/S VIEW $1.16 BILLION.Q2 EARNINGS PER SHARE VIEW $0.27 -- THOMSON REUTERS I/B/E/S.‍ANTICIPATE DURANT, OKLAHOMA FACILITY WILL BE OPERATING NEAR CAPACITY OF ABOUT 350,000 TONS PER YEAR BY END OF 2018 FISCAL YEAR​.‍COMPLETING EXIT OF INTERNATIONAL MARKETING AND DISTRIBUTION BUSINESS​.  Full Article

Commercial Metals & Units To Pay GNA Financing Fee Of $40 Mln Upon Termination Of Deal
Tuesday, 2 Jan 2018 07:55am EST 

Jan 2 (Reuters) - Commercial Metals Co ::COMMERCIAL METALS SAYS CO & UNITS TO PAY GNA FINANCING FEE OF $40 MILLION UPON TERMINATION OF DEAL UNDER SPECIFIED CIRCUMSTANCES - SEC FILING.  Full Article

Commercial Metals Co Says CEO's FY 2017 Total Compensation Was $15.5 Mln Vs $7.2 Mln In 2016
Monday, 27 Nov 2017 04:52pm EST 

Nov 27 (Reuters) - Commercial Metals Co ::COMMERCIAL METALS CO SAYS CEO JOSEPH ALVARADO'S FY 2017 TOTAL COMPENSATION WAS $15.5 MILLION VERSUS $7.2 MILLION IN FY 2016 - SEC FILING.  Full Article

Commercial Metals Names Barbara Smith Chairman
Monday, 27 Nov 2017 04:10pm EST 

Nov 27 (Reuters) - Commercial Metals Co ::COMMERCIAL METALS COMPANY NAMES BARBARA SMITH CHAIRMAN.COMMERCIAL METALS CO - ‍JOSEPH ALVARADO, CO'S CURRENT CHAIRMAN, WILL BE RETIRING FROM BOARD​.  Full Article

CMC buys substantially all assets of MMFX Technologies
Friday, 27 Oct 2017 06:45am EDT 

Oct 27 (Reuters) - Commercial Metals Co ::CMC acquires substantially all the assets of MMFX Technologies Corporation.Commercial Metals Co - ‍announced that co's unit has acquired substantially all of assets of MMFX technologies corporation​.  Full Article

Commercial Metals Company Q4 loss per share $0.28 from continuing operations
Thursday, 26 Oct 2017 06:45am EDT 

Oct 26 (Reuters) - Commercial Metals Co ::Commercial metals company reports fourth quarter and full year earnings.Q4 loss per share $0.28 from continuing operations.Q4 sales $1.3 billion versus I/B/E/S view $1.21 billion.Q4 earnings per share view $0.19 -- Thomson Reuters I/B/E/S.Commercial metals co - "‍our outlook for demand from U.S. Non-Residential construction market remains quite positive​".Commercial metals - ‍u.s. Non-Residential construction market conditions remain "very challenging" due to raw material price changes, rising input costs​.Commercial metals Co - ‍"metal margins remain under pressure due to ongoing influx of dumped and subsidized imports​".  Full Article

Commercial Metals names Barbara Smith as CEO, effective Sept. 1
Monday, 26 Jun 2017 09:00am EDT 

June 26 (Reuters) - Commercial Metals Co ::Commercial Metals Company announces promotion of Smith to president and chief executive officer.Commercial Metals Co says effective September 1, Barbara Smith will assume role of president and CEO of company and become member of board.Commercial Metals Co - Joe Alvarado will continue to serve company as chief executive officer through August 31, 2017.Commercial Metals Co - Alvarado will continue to serve as chairman of board through company's annual meeting of stockholders to be held in January 2018.  Full Article

Commercial Metals co, unit entered second amendment to fourth amended and restated credit agreement - SEC Filing
Monday, 26 Jun 2017 06:21am EDT 

June 26 (Reuters) - Commercial Metals Co :Commercial Metals Co - On June 23, co, unit entered second amendment to fourth amended and restated credit agreement - SEC Filing.Commercial Metals Co - Amendment amends agreement to provide for a coterminous delayed draw term loan in maximum principal amount of $150.0 million.Commercial Metals Co - Amendment also amends agreement to extend maturity date of credit agreement to June 23, 2022.  Full Article

Commercial Metals Q3 earnings per share $0.34
Thursday, 22 Jun 2017 06:45am EDT 

June 22 (Reuters) - Commercial Metals Co ::Commercial Metals Company reports third quarter fiscal 2017 earnings per share of $0.34.Q3 earnings per share $0.34.Q3 sales $1.4 billion versus I/B/E/S view $1.34 billion.Q3 earnings per share view $0.25 -- Thomson Reuters I/B/E/S.Commercial Metals Co - "anticipate stability in key macro economic drivers that impact our business for remainder of our fiscal 2017".  Full Article

Commercial Metals says costs associated with sale of CMC Cometals to be about $10 mln
Thursday, 15 Jun 2017 04:36pm EDT 

June 15 (Reuters) - Commercial Metals Co :Commercial metals co says estimates costs associated with sale of cmc cometals are expected to be approximately $10.0 million - sec filing.Commercial metals co says costs associated with selling or exiting cmc cometals steel, cmc australia, cmc asia are not currently reasonably estimable.Commercial metals-cmc cometals,cmc cometals steel,cmc australia,cmc asia to be presented as discontinued operations when they meet held for sale criteria/abandoned.  Full Article

BRIEF-Commercial Metals Co Announces Pricing Of $350 Mln Of Senior Notes Due 2026

* COMMERCIAL METALS COMPANY ANNOUNCES PRICING OF $350 MILLION OF SENIOR NOTES DUE 2026