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Latest Gerdau Stories

2009-02-10 12:14:00

CHATTANOOGA, Tenn., Feb. 10 /PRNewswire/ -- Volkswagen Group of America Chattanooga Operations, LLC applauded the decision today by the Industrial Development Board to award a $1.1 million contract to Chattanooga based Advanced Power and Lighting. The company will provide the temporary power at Volkswagen's plant site. With this contract, more than $55 million has been awarded to local firms, including work sourced by both Volkswagen and state and local governments. "We appreciate...

2008-12-02 15:05:00

NEW YORK, Dec. 2 /PRNewswire/ -- MZ Consult NY ( http://www.mz-ir.com ), a leading investor relations and financial communications firm, jointly with IR Global Rankings sponsors, The Bank of New York Mellon, KPMG Independent Auditors, Arnold & Porter, Demarest & Almeida, Bloomberg, NYSE Euronext and Corporate Asia Network, invites all market participants to vote on the Investors' Choice Award (POP+) through January 9, 2009. You can register your vote via the website...

2008-12-01 08:05:00

TAMPA, FL, Dec. 1 /PRNewswire-FirstCall/ - Gerdau Ameristeel Corporation (NYSE: GNA; TSX: GNA) announces that Mario Longhi, President and Chief Executive Officer, and Barbara Smith, Vice President Finance and Chief Financial Officer, will present at the Goldman Sachs Fourth Annual Global Steel CEO Forum. Gerdau's presentation will take place on Wednesday, December 3, 2008 at 10:30 am Eastern Time. Gerdau's presentation will be webcast live. To access the webcast go to:...

2008-11-05 09:00:21

PORTO ALEGRE, Brazil, Nov. 5 /PRNewswire-FirstCall/ -- Nine Month 2008 Results Revenues reached R$ 36.2 billion in the first nine months of 2008, 44.1% higher than the same period in 2007. Net income of R$ 4.6 billion year to date, with net margin of 14.3%. Third-quarter dividends to be paid on November 26. Metalurgica Gerdau S.A. shareholders will receive R$ 0.26 per share while Gerdau S.A. shareholders will receive R$ 0.18 per share. EBITDA in the nine months through September...

2008-11-05 06:00:15

TAMPA, FL, Nov. 5 /PRNewswire-FirstCall/ -- Gerdau Ameristeel Corporation (NYSE: GNA; TSX: GNA) today reported net income of $316.9 million ($0.73 per share fully diluted) for the three months ended September 30, 2008, a 156.0% increase in comparison to net income of $123.8 million ($0.40 per share fully diluted) for the three months ended September 30, 2007. For the nine months ended September 30, 2008, net income was...

2008-10-27 09:00:28

TAMPA, FL, Oct. 27 /PRNewswire-FirstCall/ -- Gerdau Ameristeel (TSX: GNA, NYSE: GNA), a leading mini-mill steel producer, announced today that it has acquired Metro Recycling, a scrap processor headquartered in Guelph, Ontario. Terms of the transaction were not disclosed. Metro Recycling is a premier central Ontario recycler with three locations, two in Guelph and the other in Mississauga. "Metro's operations and experienced leadership team will enhance Gerdau Ameristeel's continuing...

2008-10-15 09:00:25

TAMPA, FL, Oct. 15 /PRNewswire-FirstCall/ -- Gerdau Ameristeel Corporation (TMX: GNA) will host a conference call to discuss its 2008 third quarter financial results for the three-month period ending September 30, 2008. The Company invites all interested parties to participate. DATE: Wednesday, November 5, 2008 TIME: 2:00 p.m., Eastern Time. Please call in 15 minutes prior to start time to secure a line. DIAL-IN NUMBER:...

2008-09-23 21:00:24

HOUSTON, Sept. 23, 2008 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE:NX), an industry-leading manufacturer of value-added, engineered materials and components for the building products market, today announced the dismissal of the putative shareholder class action lawsuit, Momentum Partners v. Raymond A. Jean, et al., Cause No. 2008-01592 (125th Judicial District of Harris County, Texas). The lawsuit was filed by a purported shareholder of Quanex Corporation and asserted...

2008-08-06 09:00:45

PORTO ALEGRE, Brazil, Aug. 6 /PRNewswire-FirstCall/ -- Gerdau S.A. Announces 1st Half 2008 Results: 1st Half 2008 Results -- Gross revenue reaches R$ 22.3 billion in the 1st semester 2008, 35.2% higher than the same period in 2007. -- Net profit reaches 3.2 billion in the semester with net margin of 16.0%. -- 2nd quarter dividends will be paid on August 27. Metalurgica Gerdau S.A. shareholders will receive R$ 0.60 per share and Gerdau S.A. shareholders R$ 0.36 per share. -- EBITDA...

2008-08-06 09:00:45

TAMPA, FL, Aug. 6 /PRNewswire-FirstCall/ -- Gerdau Ameristeel Corporation (NYSE: GNA; TSX:ÃӚ“šÃƒÆ’“šÃƒ“š GNA) today reported net income of $262.1 million ($0.60 per share fully diluted) for the three months ended June 30, 2008, an 88.4% increase in comparison to net income of $139.1 million ($0.45 per share fully...


Word of the Day
sough
  • A murmuring sound; a rushing or whistling sound, like that of the wind; a deep sigh.
  • A gentle breeze; a waft; a breath.
  • Any rumor that engages general attention.
  • A cant or whining mode of speaking, especially in preaching or praying; the chant or recitative characteristic of the old Presbyterians in Scotland.
  • To make a rushing, whistling, or sighing sound; emit a hollow murmur; murmur or sigh like the wind.
  • To breathe in or as in sleep.
  • To utter in a whining or monotonous tone.
According to the OED, from the 16th century, this word is 'almost exclusively Scots and northern dialect until adopted in general literary use in the 19th.'
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