Newsfeeds - Spark Newswire

2 minute read

These 3 High Yielders Just Increased Dividends By At Least 10%

Today, 9:09 PM

When firms increase their dividends, it is typically a positive sign that they are generating excess cash flows that can be distributed to shareholders. Additionally, investing in a firm with consecutive dividend hikes, is a sign that the company has strong fundamentals.

CMC

1 minute read

Citigroup Maintains Neutral on Commercial Metals, Raises Price Target to $44

By Benzinga Newsdesk

Today, 9:09 PM

Citigroup analyst Alexander Hacking maintains Commercial Metals (NYSE:CMC) with a Neutral and raises the price target from $42 to $44.

CMC

1 minute read

BMO Capital Maintains Market Perform on Commercial Metals, Raises Price Target to $43

By Benzinga Newsdesk

Today, 9:09 PM

BMO Capital analyst David Gagliano maintains Commercial Metals (NYSE:CMC) with a Market Perform and raises the price target from $37 to $43.

CMC

1 minute read

UPDATE: Commercial Metals Q4 Adj. EPS $2.45 Beats $2.23 Estimate

By Benzinga Newsdesk

Today, 9:09 PM

Commercial Metals (NYSE:CMC) reported quarterly earnings of $2.45 per share which beat the analyst consensus estimate of $2.23 by 9.87 percent. This is a 94.44 percent increase over earnings of $1.26 per share from the

CMC

1 minute read

Goldman Sachs Maintains Neutral on Commercial Metals, Lowers Price Target to $37

By Benzinga Newsdesk

Today, 9:09 PM

Goldman Sachs analyst Emily Chieng maintains Commercial Metals (NYSE:CMC) with a Neutral and lowers the price target from $41 to $37.

CMC

2 minute read

News

Overview Of Value Stocks In The Basic Materials Sector

By Benzinga Insights

Today, 9:09 PM

The Meaning Behind Value Stocks A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.

CMC

1 minute read

M&A
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Commercial Metals Company Acquires Advanced Steel Recovery, Terms Not Disclosed

By Michael Horton

Today, 9:09 PM

Commercial Metals Company (NYSE:CMC) ("CMC") today announced that as part of its strategic expansion in the Western U.S. it has acquired Advanced Steel Recovery, LLC (ASR), a leading supplier of recycled

CMC