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United States

Commercial Metals Co (CMC.N)

CMC.N on New York Stock Exchange

17.60USD
11 Dec 2018
Change (% chg)

$-0.07 (-0.40%)
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$17.67
Open
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Volume
232,475
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309,084
52-wk High
$26.71
52-wk Low
$17.26

Latest Key Developments (Source: Significant Developments)

Commercial Metals Q3 Earnings Per Share $0.36 From Continuing Operations
Thursday, 21 Jun 2018 06:45am EDT 

June 21 (Reuters) - Commercial Metals Co ::MPANY REPORTS THIRD QUARTER 2018 EARNINGS FROM CONTINUING OPERATIONS OF $0.36 PER SHARE; AND ADJUSTED EARNINGS FROM CONTINUING OPERATIONS OF $0.41 PER SHARE.Q3 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.41 FROM CONTINUING OPERATIONS.Q3 EARNINGS PER SHARE $0.36 FROM CONTINUING OPERATIONS.Q3 SALES $1.2 BILLION VERSUS I/B/E/S VIEW $1.29 BILLION.Q3 EARNINGS PER SHARE VIEW $0.42 -- THOMSON REUTERS I/B/E/S.  Full Article

Commercial Metals Co Announces Pricing Of $350 Mln Of Senior Notes Due 2026
Thursday, 19 Apr 2018 05:07pm EDT 

April 19 (Reuters) - Commercial Metals Co ::COMMERCIAL METALS COMPANY ANNOUNCES PRICING OF $350 MILLION OF SENIOR NOTES DUE 2026.COMMERCIAL METALS CO - AGREED TO SELL $350 MILLION AGGREGATE PRINCIPAL AMOUNT OF 5.750% SENIOR NOTES DUE 2026.  Full Article

Commercial Metals Amends Credit Agreement To Provide Coterminous Delayed Draw Term Loan Facility Up To $200 Mln
Friday, 23 Feb 2018 04:20pm EST 

Feb 23 (Reuters) - Commercial Metals Co ::COMMERCIAL METALS SAYS ON FEB 21, CO, UNIT ENTERED INTO JOINDER AGREEMENT & FIFTH AMENDMENT TO FOURTH AMENDED, RESTATED CREDIT AGREEMENT - SEC FILING.COMMERCIAL METALS - AMENDMENT AMENDS CREDIT AGREEMENT TO PROVIDE FOR COTERMINOUS DELAYED DRAW TERM LOAN FACILITY IN MAXIMUM AMOUNT OF UP TO $200 MILLION.  Full Article

Commercial Metals Company Reports Q1 EPS of $0.31
Wednesday, 3 Jan 2018 06:45am EST 

Jan 3 (Reuters) - Commercial Metals Co ::MPANY REPORTS FIRST QUARTER FISCAL 2018 EARNINGS PER SHARE OF $0.31.Q1 EARNINGS PER SHARE $0.31.Q1 SALES $1.2 BILLION VERSUS I/B/E/S VIEW $1.12 BILLION.Q1 EARNINGS PER SHARE VIEW $0.20 -- THOMSON REUTERS I/B/E/S.- QTRLY EARNINGS FROM CONTINUING OPERATIONS INCLUDED A NET AFTER TAX BENEFIT OF $1.8 MILLION, OR $0.02 PER DILUTED SHARE.- "‍SEE STRENGTH IN UNDERLYING MARKET FUNDAMENTALS" SUPPORTING EACH OF CO'S SEGMENTS AS CO ENTERS CALENDAR 2018​.  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 Company To Acquire Certain U.S. Rebar Assets From Gerdau for $600 Mln In Cash
Tuesday, 2 Jan 2018 06:00am EST 

Jan 2 (Reuters) - Commercial Metals Co ::COMMERCIAL METALS COMPANY TO ACQUIRE CERTAIN U.S. REBAR ASSETS FROM GERDAU.COMMERCIAL METALS CO - DEAL FOR CASH PURCHASE PRICE OF $600 MILLION.COMMERCIAL METALS CO - DEAL IS EXPECTED TO BE ACCRETIVE TO EARNINGS AND CASH FLOW WITHIN FIRST YEAR AFTER TRANSACTION CLOSES.COMMERCIAL METALS CO - ‍COMBINED OPERATIONS ARE EXPECTED TO GENERATE APPROXIMATELY $40 MILLION IN PRE-TAX OPERATIONAL SYNERGIES ANNUALLY​.COMMERCIAL METALS CO - ‍COMBINED OPERATIONS ARE EXPECTED TO GENERATE APPROXIMATELY $40 MILLION IN PRE-TAX OPERATIONAL SYNERGIES ANNUALLY​.COMMERCIAL METALS CO - ‍TRANSACTION HAS BEEN APPROVED BY BOARDS OF DIRECTORS OF BOTH COMMERCIAL METALS COMPANY AND GERDAU S.A.​.COMMERCIAL METALS CO - ACQUISITION IS EXPECTED TO BE ACCRETIVE TO EARNINGS AND CASH FLOW WITHIN FIRST YEAR AFTER TRANSACTION CLOSES.COMMERCIAL METALS - TRANSACTION SUPPORTED BY FULLY COMMITTED $600 MILLION LONG-TERM FACILITY.COMMERCIAL METALS CO - ‍ CMC WILL HAVE APPROXIMATELY 7.2 MILLION TONS OF GLOBAL MELT CAPACITY AT CLOSE OF TRANSACTION​.  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

Russia's UMMC mining firm draws first 100 mln euro syndicated loan

YEKATERINBURG, Russia, Oct 9 Russia's Urals Mining and Metals Co said on Tuesday it had drawn a three-year 100 million euro ($115 million) syndicated loan from a group of banks to refinance loans and increase its working capital.