Gerdau (GGB) could produce exceptional returns because of its solid growth attributes.
A growing logistics company headquartered in Dayton is eyeing a new market. Iuvo Logistics, a transportation management solutions provider that in 2019 was named one of the fastest-growing private companies in the nation, plans to invest millions of dollars to expand its presence in the midwest. Company leaders David White and James Dowd told me Iuvo is expanding in several areas — including in Cincinnati, Chicago and Memphis — but its main focus is further south.
Favorable rebar-margin environment, construction activity in the United States and positive momentum in the Poland make Commercial Metals (CMC) an attractive investment option at the moment.
As the steel industry looks poised for a rebound this year after a gloomy 2019, it would be prudent to invest in steel stocks that have compelling prospects.
Q2 2020 Green Growth Brands Inc Earnings Call
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
Gerdau (GGB) is well positioned to outperform the market, as it exhibits above-average growth in financials.
GGB vs. NUE: Which Stock Is the Better Value Option?
Let's see if Gerdau S.A. (GGB) stock is a good choice for value-oriented investors right now from multiple angles.
Swedish bearings maker SKF has signed a performance-based deal with Brazil's largest steelmaker, Gerdau, aimed at increasing productivity and reducing unplanned downtime at two of Gerdau's steel mills. SKF sees such contracts, where it gets paid a fee based on pre-agreed performance levels of the customer's machinery rather than its traditional transaction-based model, as a major part of its future strategy. SKF claims it can help clients boost output, cut maintenance costs and at the same time make operations more sustainable, by working in the performance-based model.
Moody's Investors Service ("Moody's") affirmed Gerdau S.A. ("Gerdau")'s Ba1 corporate family rating and the Ba1 ratings of the debt issues of Gerdau Trade Inc. (guaranteed by Gerdau S.A. and its operating subsidiaries in Brazil) and of GTL Trade Finance Inc. (guaranteed by Gerdau S.A. and its operating subsidiaries in Brazil), as well as the solid waste disposal bonds issued by St. Paul Port Authority, MN (guaranteed by Gerdau S.A.). The outlook for the ratings was changed to stable from positive.
The Zacks Analyst Blog Highlights: Franco-Nevada, Kirkland Lake Gold, Newmont, Daqo New Energy and Gerdau
Brazilian steelmaker Gerdau said on Wednesday its profit for the first quarter fell by half to 221 million reais ($39.6 million) compared with a year ago due to weaker sales in South America, although sales in the United States were more resilient. In a securities filing, Gerdau said 2020 investment will be cut to 1.6 billion reais from a previous forecast of 2.6 billion reais, adding that Brazilian and U.S. raw steel sales fell in the tail end of the quarter due to auto production suspensions related to coronavirus.
Gerdau (GGB) possesses solid growth attributes, which could help it handily outperform the market.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing more than 750 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of September […]
São Paulo, Oct. 30, 2019 /PRNewswire/ -- 3Q19 Highlights Adjusted EBITDA of R$1.5 billion with margin of 14.7% in 3Q19, excluding mainly the effects from the scheduled shutdown of Blast Furnace 1 at the ...
Gerdau (GGB) saw a big move last session, as its shares jumped more than 8% on the day, amid huge volumes.
Brazil steelmaker Gerdau on Friday announced several production cuts, including temporarily shutting down one of its blast furnaces, following in the footsteps of its domestic competitors as the coronavirus outbreak has harmed demand. Overall, Brazil's steelmakers have been cutting down on steel production since the outbreak began affecting markets. In the past few days, in addition to Gerdau, Usinas Siderurgicas de Minas Gerais said on Thursday it would shut down two more blast furnaces, bringing the total to four.
Find Cheap Highly-Ranked Stocks Trading Under $10 for 2020
The bloodbath in commodities amid the pandemic has cast a pall over several industries in the Basic Materials space.