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Latest Commercial Metals Company Stories

2014-10-29 08:24:46

IRVING, Texas, Oct. 29, 2014 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced financial results for its fourth quarter and year ended August 31, 2014. Net earnings attributable to CMC for the fourth quarter ended August 31, 2014 were $34.9 million, or $0.29 per diluted share, on net sales of $1.9 billion. This compares to net earnings attributable to CMC of $4.1 million, or $0.03 per diluted share, on net sales of $1.7 billion for the three months ended August 31,...

2014-10-28 20:21:44

IRVING, Texas, Oct. 28, 2014 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) ("CMC" or the "Company") today announced that its Board of Directors has authorized a new share repurchase program under which the Company may repurchase up to $100 million of CMC's outstanding common stock. The authorization is effective immediately. This new program replaces the existing program, which has been terminated by the Company's Board of Directors in connection with approving the new...

2014-06-27 08:22:21

IRVING, Texas, June 27, 2014 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) announced today that it has entered into a Fourth Amended and Restated Credit Agreement. The Fourth Amended and Restated Credit Agreement increased the revolving credit facility from $300 million to $350 million and extended its maturity date to June 2019. "We value the strong relationships with each member of our bank group and appreciate their continued support and confidence in Commercial Metals...

2014-06-27 08:22:13

IRVING, Texas, June 27, 2014 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced financial results for its third quarter ended May 31, 2014. Net earnings attributable to CMC for the third quarter were $23.6 million, or $0.20 per diluted share, on net sales of $1.8 billion. This compares to net earnings attributable to CMC of $19.0 million, or $0.16 per diluted share, on net sales of $1.8 billion for the three months ended May 31, 2013. Results for this year's...

2014-06-17 16:22:38

IRVING, Texas, June 17, 2014 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) announced today that on June 13, 2014, Commercial Metals Company, through its wholly-owned subsidiary, Structural Metals, Inc. (collectively, "CMC"), completed the transaction for the purchase of substantially all of the assets of Newell Recycling of San Antonio, LP ("Newell Recycling") located at 726 Probandt Street San Antonio, Texas, pursuant to a definitive Agreement for the Purchase and Sale of...

2014-05-29 16:22:58

IRVING, Texas, May 29, 2014 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) announced today that on May 20, 2014, Commercial Metals Company, through its wholly-owned subsidiary, Structural Metals, Inc. (collectively, "CMC"), entered into a definitive Agreement for the Purchase and Sale of Assets with Newell Recycling of San Antonio, LP ("Newell Recycling") and John R. Newell for the purchase of substantially all of the assets of Newell Recycling located at 726 Probandt Street...

2014-05-27 16:21:57

IRVING, Texas, May 27, 2014 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC), in conjunction with its third quarter earnings release, invites you to listen to its conference call that will be broadcast live over the Internet on Friday, June 27, 2014, at 11:00 a.m. Eastern time (10:00 a.m. Central) with Joe Alvarado, Chairman of the Board, President & CEO, and Barbara Smith, Senior Vice President & CFO. The teleconference will also be available via webcast. To access...

2014-03-27 08:26:55

IRVING, Texas, March 27, 2014 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced financial results for its second quarter ended February 28, 2014. Net earnings attributable to CMC for the second quarter were $11.1 million, or $0.09 per diluted share, on net sales of $1.6 billion. Results for the three months ended February 28, 2014 included an after-tax charge of approximately $3 million ($0.03 per diluted share) incurred in connection with the Company's final...

2014-03-14 16:21:43

IRVING, Texas, March 14, 2014 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced that it has reached final settlement in the Standard Iron Works v. Arcelor Mittal et al. lawsuit in the amount of approximately $4 million, which the Company estimates is less than the anticipated cost to the Company of continuing to defend the lawsuit. The class action litigation, filed in September 2008 on behalf of the direct purchasers of steel products, alleged violation of the...

2014-02-27 16:23:17

IRVING, Texas, Feb. 27, 2014 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC), in conjunction with its second quarter earnings release, invites you to listen to its conference call that will be broadcast live over the Internet on Thursday, March 27, 2014, at 11:00 a.m. Eastern time (10:00 a.m. Central) with Joe Alvarado, Chairman of the Board, President & CEO, and Barbara Smith, Senior Vice President & CFO. The teleconference will also be available via webcast. To...


Word of the Day
maffling
  • To stammer.
  • Present participle of maffle, to stammer.
  • A simpleton.
The word 'maffle' may come from a Dutch word meaning 'to move the jaws' or a French word meaning 'having large cheeks'.