Nucor (NUE) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on January 27, 2025, might help the stock move higher if these key numbers are better than expecta ...

NU E Power Announces Letter of Intent to Acquire Blu Dot SystemsJanuary 20, 2025 9:00 AM EST | Source: Nu E Corp.Calgary, Alberta--(Newsfile Corp. - January 20, 2025) - Nu E Power Corp. (CSE: NUE) (OTC Pink: NUEPF) (the "Company") is pleased to announce that it has entered into a non-binding letter of intent (the "Letter of Intent"), dated January 17, 2025, with Blu Dot Systems Inc. ("Blu Dot"), to review a potential acquisition (the "Proposed Transaction") of Blu Dot. Blu Dot is a privately h ...

When it comes to the domestic steel industry, two companies stand out: Nucor (NUE 0.23%) and Steel Dynamics (STLD -0.11%). Both are well run and growing, but one is old and largely mature while the other is still relatively young and growing more quickly.If you are a growth-oriented investor or a dividend growth investor, you'll probably find Steel Dynamics the more attractive choice if you have $1,000 to invest right now. Here's why.Nucor is a great companyNucor is one of the largest steel companies in Nor ...

Nucor Corporation’s (NUE) shares have lost 20.2% in the past three months compared with the Zacks Steel Producers industry’s decline of 34.4%. The downward spiral reflects the choppiness in the steel space underpinned by the significant pullback in U.S. steel prices, which has led to a downward revision in NUE’s earnings estimates.NUE is currently trading at a roughly 39% discount to its 52-week high of $203 reached on April 9, 2024. Technical indicators show that NUE has been trading below the 50-day simpl ...

CHARLOTTE, N.C., Jan. 16, 2025 /PRNewswire/ -- Today, Nucor Corporation (NYSE: NUE) announced that the Global Steel Climate Council (GSCC) certified the Company's Science-Based Emissions Targets (SBET). The SBET submitted by Nucor, a Founding Member Company of the GSCC, sets an ambitious goal of reducing emissions by 2030 for its hot rolled steel production, which includes Scopes 1, 2, and 3 emissions. "Nucor is a global leader in low embodied carbon steel production, and they are proving that innovation an ...

CHARLOTTE, N.C., Jan. 14, 2025 /PRNewswire/ -- In conjunction with Nucor's (NYSE: NUE) fourth quarter earnings release, you are invited to listen to its live conference call with host Leon Topalian, Nucor's Chair, President and Chief Executive Officer. This conference call will include a review of Nucor's results for the fourth quarter ended December 31, 2024, followed by a question-and-answer session. The event will be available on the internet on January 28, 2025, at 10:00 a.m. Eastern Time. What: Nuco ...

KEY TAKEAWAYSU.S. Steel shares jumped Monday on a report that Cleveland-Cliffs is teaming up with rival Nucor for a potential bid for the company.The news comes after Nippon Steel's $14.1 billion takeover of U.S. Steel was blocked by President Joe Biden earlier this month, although the Japanese firm received an extension over the weekend on a deadline for when it has to drop the bid.Despite Monday's gains, shares of U.S. Steel have lost more than a fifth of their value in the past 12 months. U.S. Steel (X) ...

A United Steelworkers sign is seen outside the Great Lakes Works United States Steel plant in River Rouge, Michigan U.S., September 16, 2024.Cleveland Cliffs is partnering with rival Nucor in a potential bid for U.S. Steel, whose takeover by Japan's Nippon Steel was just blocked by the White House earlier this month, sources tell CNBC's David Faber.Cleveland-Cliffs would purchase all of U.S. Steel for all cash and then sell off the Big River Steel subsidiary to Nucor, the sources said. The offer would be in ...

Nucor Corporation (NUE) has stated that its Towers & Structures unit will construct its third cutting-edge utility structure production facility in Brigham City, UT. The company is currently finishing the construction of two utility structure production sites in Decatur, AL and Crawfordsville, IN. The new $200 million Utah plant will be built on Nucor's existing Brigham City location and is projected to employ 200 full-time workers.Nucor has a strong presence in the West, and establishing this new plant in ...

Company Expansion - Nucor Corporation announced the construction of a new $200 million utility structures production facility in Brigham City, Utah, expected to create 200 full-time jobs [1] - The new facility is part of Nucor's Towers & Structures business unit and will be located on the company's existing Brigham City campus [1] - Nucor is currently completing two other utility structures production facilities in Decatur, Alabama, and Crawfordsville, Indiana [1] Market Demand and Strategic Positioning - The new Utah facility positions Nucor to meet growing demand for utility infrastructure in the western U.S., driven by distributed energy projects, data centers, and population growth [2] - An expansive electric transmission buildout is planned in the western U.S., with local utilities forecasting strong load growth and increasing capital spending [2] - The Utah facility will benefit from a freight advantage compared to competitors outside the region and will receive raw materials via rail from Nucor steel mills [2] Business Unit and Operations - Nucor formed its Towers & Structures business unit in 2022 through the acquisition of Summit Utility Structures LLC, a producer of steel poles and structures for utility infrastructure [4] - The new facilities in Alabama, Indiana, and Utah will be highly automated, utilizing efficient straight-line production and advanced hot-dip galvanizing operations [4] - Production at the Alabama and Indiana facilities is expected to begin in the first and second half of 2025, respectively [4] Company Overview - Nucor and its affiliates are manufacturers of steel and steel products, with operations in the U.S., Canada, and Mexico [5] - The company produces a wide range of steel products, including carbon and alloy steel, hollow structural section tubing, electrical conduit, and utility structures [5] - Nucor is North America's largest recycler and also brokers ferrous and nonferrous metals, pig iron, and hot briquetted iron/direct reduced iron [5]