Workflow
CMC(CMC)
icon
Search documents
Bear of the Day: Commercial Metals (CMC)
ZACKS· 2024-11-12 16:45
With the market rocketing to all-time highs, it can feel like any stock you decide to invest in will go straight up. That could not be further from the case. There are copious risks still out there in the market. When the euphoria following the election wears off, the tide will come in. When the pullback arrives, you want to be ready to buy stocks with strong earnings trends on the dip. You’ll also want to avoid stocks which have seen their earnings move in the wrong direction.Today’s Bear of the Day is a s ...
Longeveron® Appoints Devin Blass as Chief Technology Officer and SVP of Chemistry, Manufacturing and Controls (CMC)
GlobeNewswire News Room· 2024-11-11 14:05
MIAMI, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Longeveron Inc. (NASDAQ: LGVN), a clinical stage regenerative medicine biotechnology company developing cellular therapies for life-threatening and chronic aging-related conditions, today announced that it has appointed Devin Blass as Chief Technology Officer (CTO) and Senior Vice President of Chemistry, Manufacturing, and Controls (CMC), effective December 2, 2024. In this role, he will lead the Company’s technological and manufacturing strategies. “We are delighted ...
CMC Metals Announces Results of AGM and Granting of Options
GlobeNewswire News Room· 2024-11-06 13:01
VANCOUVER, British Columbia, Nov. 06, 2024 (GLOBE NEWSWIRE) -- CMC Metals Ltd. (TSX-V: CMB) (Frankfurt:ZM5N) (“CMC” or the “Company”) is pleased to announce the results of its 2024 Annual and Special General Meeting (“AGM”) of shareholders held on September 25, 2024. Shareholders approved all the resolutions detailed in the management information circular of the Company (the “Circular”), namely: Electing all the nominees to the Board of Directors of the Company.Appointing Manning Elliott LLP as auditor of t ...
CMC Statement Regarding Pacific Steel Group v. Commercial Metals Co. Litigation
Prnewswire· 2024-11-06 03:14
IRVING, Texas, Nov. 5, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today issued a statement in response to the jury verdict reached in the Pacific Steel Group v. Commercial Metals Co. (N.D. Cal.) litigation. Pacific Steel Group ("Pacific Steel") filed this lawsuit claiming, among other things, various restraints on trade by CMC.  A trial on Pacific Steel's claims began on October 21st and concluded today with a verdict in favor of Pacific Steel in the amount of $110 million, which will be tre ...
3 Steel Producer Stocks to Watch Amid Industry Headwinds
ZACKS· 2024-11-04 14:20
The Zacks Steel Producers industry is mired in significant challenges as steel prices have experienced a sharp decline in the United States and globally this year. Soft demand in China amid an economic slowdown is also a concern. However, improved demand in the automotive space and a resilient non-residential construction market augur well for the industry. Players from the space, like Steel Dynamics, Inc. (STLD) , Commercial Metals Company (CMC) and Companhia Siderurgica Nacional (SID) , are worth a look d ...
CMC's Attractive Valuation Is An Opportunity To Invest In A Shareholder-Friendly Business
Seeking Alpha· 2024-11-01 20:24
I last wrote about CMC (NYSE: CMC ), previously known as the Commercial Metals Company, on August 8 of this year. In that piece I argued the firm benefitted from structural supply-side issues in the steel industry, and had An economics graduate with a passion for financial history; I apply my knowledge to markets in an effort to hopelessly predict trends and spot value. All opinions are my own and should not be taken seriously. Analyst's Disclosure: I/we have no stock, option or similar derivative position ...
Commercial Metals Company: Maintaining Bearish Stance On Pricey Valuation & Sustained Growth Struggles
Seeking Alpha· 2024-11-01 18:53
We wrote about Commercial Metals Company (NYSE: CMC ) in May of this year when we recommended investors begin to take profits in the US steel company. Shares have lost just over 5% since our bearish call, which is aIndividual investor with a keen interest in deriving income from investment setups. We do this by buying undervalued profitable stocks with strong balance sheets & minimal debt. Furthermore, when the opportunity arises, we like to write calls against our positions to bring in additional income. R ...
Commercial Metals Earnings Miss Estimates in Q4, Sales Dip Y/Y
ZACKS· 2024-10-18 16:06
Commercial Metals Company (CMC) reported adjusted earnings per share (EPS) of 90 cents for fourthquarter fiscal 2024 (ended Aug. 31, 2024), missing the Zacks Consensus Estimate of 91 cents. The bottom line fell from the prior-year quarter's $1.58. During the fourth quarter of fiscal 2023 , CMC had previously made an adjustment of $16 million for mill operational commissioning costs related to its third micro mill, which was placed into service in the quarter. During its fourth quarter 2024 earnings release, ...
CMC(CMC) - 2024 Q4 - Earnings Call Transcript
2024-10-17 22:27
Commercial Metals Company (NYSE:CMC) Q4 2024 Earnings Call Transcript October 17, 2024 10:00 AM ET Company Participants Peter Matt - President and CEO Paul Lawrence - SVP and CFO Conference Call Participants Sathish Kasinathan - Bank of America Katja Jancic - BMO Capital Markets Timna Tanners - Wolfe Research Tristan Gresser - BNP Paribas Exane Phil Gibbs - KeyBanc Capital Markets Operator Hello, and welcome, everyone, to the Fourth Quarter and Fiscal Year 2024 Earnings Call for CMC. Joining me on today's c ...
CMC(CMC) - 2024 Q4 - Annual Report
2024-10-17 15:55
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended August 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-4304 Commercial Metals Company (Exact name of registrant as specified in its charter) Delaware 75-0725338 (State or other jurisdiction of in ...