Nucor (NUE) Tops Q2 EPS by 3c; Sees Strong Q3 Earnings

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Nucor Reports Results for Second Quarter and First Half of 2016

July 21, 2016 9:00 AM EDT

CHARLOTTE, N.C., July 21, 2016 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today consolidated net earnings of $233.8 million, or $0.73 per diluted share, for the second quarter of 2016. By comparison, Nucor reported net earnings of $70.8 million, or $0.22 per diluted share, for the first quarter of 2016 and net earnings of $124.8 million, or $0.39 per diluted share, for the second quarter of 2015.

In the first half of 2016, Nucor reported consolidated net earnings of $304.5 million, or $0.95 per diluted share, compared with consolidated net earnings of $192.6 million, or $0.60 per diluted share, in the first half of last year.... More

Joy Global to sell Texas steel plate mill to Nucor Corporation

July 20, 2016 6:20 PM EDT

MILWAUKEE--(BUSINESS WIRE)-- Joy Global (NYSE: JOY) has agreed to sell its steel plate mill in Longview, Texas, to Nucor Corporation (NYSE: NUE), the largest steel producer in the United States, for approximately $29 million.

Under Nucors ownership, the mill will continue to supply Joy Global with heavy steel plate used to... More