Workflow
CMC(CMC)
icon
Search documents
Commercial Metals Company Announces Closing of $2,000 Million Senior Notes Offering
Prnewswire· 2025-11-26 21:15
Core Points - Commercial Metals Company (CMC) has successfully closed an offering of $1,000 million in 5.75% Senior Notes due 2033 and $1,000 million in 6.00% Senior Notes due 2035, totaling $2,000 million [1][2] - The proceeds from the offering will be used to fund the acquisition of Foley Products Company, along with transaction-related fees and general corporate purposes [3] - The Notes are senior unsecured obligations and will rank equally with CMC's existing and future senior unsecured indebtedness [2] Financial Details - The 2033 Notes will mature on November 15, 2033, while the 2035 Notes will mature on December 15, 2035 [2] - Gross proceeds from the issuance of the Notes were placed into an escrow account pending the completion of the Foley Acquisition [4] - If the Foley Acquisition is not completed by October 15, 2026, CMC will be required to redeem all of the Notes at 100% of the initial issue price plus accrued interest [4] Offering Details - The Notes were offered only to qualified institutional buyers and certain non-U.S. persons, in compliance with Rule 144A and Regulation S under the Securities Act [5] - The Notes have not been registered under the Securities Act and cannot be offered or sold in the U.S. without registration or an exemption [5]
3 Reasons Why Growth Investors Shouldn't Overlook Commercial Metals (CMC)
ZACKS· 2025-11-21 18:46
Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, with Commercial Metals (CMC) identified as a strong candidate due to its favorable growth metrics and Zacks Rank [1][2]. Group 1: Earnings Growth - Commercial Metals has a historical EPS growth rate of 0.4%, but projected EPS growth for this year is expected to be 69.5%, significantly outperforming the industry average of -11.1% [4]. Group 2: Asset Utilization Ratio - The company has an asset utilization ratio (sales-to-total-assets ratio) of 1.13, indicating it generates $1.13 in sales for every dollar in assets, compared to the industry average of 0.9, showcasing superior efficiency [5]. Group 3: Sales Growth - Sales for Commercial Metals are projected to grow by 6.5% this year, while the industry average is stagnant at 0% [6]. Group 4: Earnings Estimate Revisions - The current-year earnings estimates for Commercial Metals have been revised upward, with the Zacks Consensus Estimate increasing by 1.4% over the past month, indicating positive momentum [8]. Group 5: Overall Assessment - Commercial Metals has achieved a Growth Score of A and a Zacks Rank of 2, suggesting it is a solid choice for growth investors and has the potential to outperform the market [10].
CMC Markets Plc (CCMMF) Q2 2026 Earnings Call Prepared Remarks Transcript
Seeking Alpha· 2025-11-21 14:13
Core Viewpoint - The company has successfully transformed from a retail CFD provider into a diversified fintech company, focusing on growth and distribution through API technology and partnerships [2][3]. Group 1: Business Transformation - The company emphasizes a technology-led approach in both retail and institutional sectors, which enhances its scale and reach beyond traditional markets [3]. - The API business is highlighted as a significant growth area, providing partners with access to global markets and a wide range of products through a single connection [4]. Group 2: Strategic Initiatives - The presentation outlines various exciting initiatives that the company is pursuing, showcasing its commitment to innovation and market expansion [2]. - The focus on API connectivity is a key differentiator for the company, enabling it to deliver distribution and scale effectively [2].
Cielo Waste Solutions Corp. (CMC:CA) Discusses Project Nexus Technology Integrations, Partnerships, and Operational Strategies Transcript
Seeking Alpha· 2025-11-20 21:33
Core Insights - The company is focused on waste-to-fuel projects, aiming to convert difficult waste streams into low carbon, commercially viable fuel [3]. Company Overview - The company is identified as a waste solutions development company, emphasizing its role in the waste-to-fuel sector [3]. - It adopts a technology-neutral approach, selecting proven third-party technologies that align with its objectives [3]. Project Update - The presentation serves as an update on Project Nexus, indicating ongoing developments and future directions [2]. - The company emphasizes the importance of forward-looking information in its communications, adhering to public company regulations [2].
Best Value Stock to Buy for Nov. 20th
ZACKS· 2025-11-20 16:01
Group 1: Millicom International Cellular - Millicom International Cellular (TIGO) is a leading international operator of cellular telephony services, primarily in emerging markets where basic telephone service is often inadequate [1] - The company has a Zacks Rank of 1 (Strong Buy) and has seen its current year earnings estimate increase by 174.3% over the last 60 days [1] - Millicom has a price-to-earnings ratio (P/E) of 7.29, significantly lower than the industry average of 10.40, and possesses a Value Score of A [2] Group 2: Commercial Metals - Commercial Metals (CMC) manufactures, recycles, and markets steel and metal products, related materials, and services [2] - The company also carries a Zacks Rank of 1 and has experienced a 12.5% increase in its current year earnings estimate over the last 60 days [2] - Commercial Metals has a price-to-earnings ratio (P/E) of 10.86, compared to the industry average of 20.80, and holds a Value Score of B [3]
New Strong Buy Stocks for Nov. 20: CMC, BCAL, and More
ZACKS· 2025-11-20 12:31
Core Insights - Five stocks have been added to the Zacks Rank 1 (Strong Buy) List, indicating strong potential for investment Group 1: Company Performance - Commercial Metals (CMC) has seen a 12.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - California BanCorp (BCAL) has experienced a 6.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - FirstCash (FCFS) has reported a 5.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3] - Phibro Animal Health (PAHC) has noted a 5.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [4] - Seanergy Maritime Holdings (SHIP) has recorded a 4.8% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [5]
Elicio Therapeutics Appoints Veteran CMC and Technical Operations Executive Marc J. Wolfgang as Chief Technology Officer
Globenewswire· 2025-11-19 13:00
Core Insights - Elicio Therapeutics has appointed Marc J. Wolfgang as Chief Technology Officer, bringing over 30 years of biopharmaceutical leadership experience [1][2][3] Company Overview - Elicio Therapeutics is a clinical-stage biotechnology company focused on developing novel immunotherapies for high-prevalence cancers, including mKRAS-positive pancreatic and colorectal cancers [4] - The company aims to leverage its Amphiphile ("AMP") technology to enhance cancer-specific T cell responses, promoting durable cancer immunosurveillance [4] - Elicio's lead program, ELI-002, targets common KRAS mutations found in approximately 25% of all solid tumors and is currently in a randomized clinical trial for mKRAS-positive pancreatic cancer [4] Leadership and Expertise - Marc J. Wolfgang has extensive experience in manufacturing, CMC strategy, and operations across various modalities, including cell therapy and RNA-based medicines [2][3] - His previous roles include Senior Vice President at Sail Biomedicines and Vice President of U.S. Manufacturing at BioNTech, where he oversaw critical manufacturing and supply chain operations [2] Strategic Goals - The company is preparing for late-stage development and commercial-scale execution of ELI-002, with a primary disease-free survival analysis expected in the first half of 2026 [3] - Elicio plans to expand ELI-002 to other indications, including mKRAS-positive lung cancer, and is developing additional off-the-shelf immunotherapy candidates targeting BRAF-driven cancers and p53 hotspot mutations [4]
Commercial Metals Company prices $2 billion senior notes (CMC:NYSE)
Seeking Alpha· 2025-11-13 06:20
Group 1 - The article does not provide any relevant content regarding company or industry insights [1]
Commercial Metals Company Prices Offering of $2,000 Million Senior Notes in Two Tranches
Prnewswire· 2025-11-12 23:00
Core Points - Commercial Metals Company (CMC) announced the sale of $2,000 million in aggregate principal amount of Senior Notes, consisting of $1,000 million of 5.75% Senior Notes due 2033 and $1,000 million of 6.00% Senior Notes due 2035 [1][2] - The net proceeds from the sale will be used to fund the acquisition of Foley Products Company, transaction-related fees, and general corporate purposes [3] - The offering is expected to close on or about November 26, 2025, and is not contingent upon the completion of the Foley Acquisition [4] Financial Details - The 2033 Notes will mature on November 15, 2033, while the 2035 Notes will mature on December 15, 2035 [2] - The Notes will rank equally with all existing and future senior unsecured indebtedness of CMC [2] Offering Conditions - The Notes will be offered only to qualified institutional buyers and certain non-U.S. persons, and will not be registered under the Securities Act [5] - If the Foley Acquisition is not completed by October 15, 2026, CMC will be required to redeem all of the Notes at a price equal to 100% of the initial issue price plus accrued interest [4]
4 Value Plays With High Earnings Yield and Upside Potential
ZACKS· 2025-11-12 16:36
Core Insights - Value investing focuses on identifying undervalued assets trading below their intrinsic value, allowing investors to capitalize on market corrections over time [1] - Earnings yield is a crucial metric for value investors, calculated as earnings per share (EPS) divided by the current stock price, serving as an indicator of a stock's profitability relative to its market price [2][9] - A higher earnings yield suggests potential undervaluation and growth opportunities, while a lower yield may indicate overvaluation [2] Stock Picks - Commercial Metals Company (CMC) is focused on enhancing core operations and expanding into new markets, with strong demand supporting growth. The Zacks Consensus Estimate indicates a 7% growth in sales and a 70% increase in earnings year-over-year for fiscal 2026 [8][9][10] - Allied Gold Corporation (AAUC) is improving its operations across multiple regions, with a Zacks Consensus Estimate projecting 80% sales growth and 857% earnings growth year-over-year for 2025 [11][12] - LATAM Airlines (LTM) is benefiting from a lean cost structure and increased air travel demand, with a Zacks Consensus Estimate forecasting 9% sales growth and 46% earnings growth year-over-year for 2025 [13][14] - CommScope Holding Company, Inc. (COMM) is enhancing its portfolio through strategic acquisitions and cost-cutting measures, with a Zacks Consensus Estimate indicating 17% sales growth and an extraordinary 5,566% earnings growth year-over-year for 2025 [15][16] Investment Strategy - The primary screening criterion for stock selection is an earnings yield greater than 10%, supplemented by estimated EPS growth exceeding the S&P 500 and a minimum average daily trading volume of 100,000 [5][6] - Stocks priced at $5 or higher and those with a Zacks Rank of 1 (Strong Buy) or 2 (Buy) are considered for potential outperformance in various market conditions [7]