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Commercial Metals

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  1. Icahn Enterprises
  2. Steel Dynamics
  3. Flowserve
  4. Carl Icahn
  5. Julian Day
  6. Howard Levine
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Time to Invest or Wait for Correction?

Global Financial CIO Chris Bertelsen and Janney Capital Markets Technical Research Director Dan Wantrobski on investing strategies in this market environment.

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  1. Commercial Metals Swings To a Profit, Sales Up

    Commercial Metals Co. said Wednesday its second-quarter profit increased to $28.9 million, or 25 cents a share, from a loss of $46.16 million, or 40 cents a share, i...

  2. Icahn Makes Hostile $2.6 Billion Bid For CVR Energy

    Activist investor Carl Icahn Thursday unleashed a hostile takeover bid worth at least $2.6 billion for CVR Energy Inc. (CVI), ramping up pressure on the company to p...

  3. Icahn to Drop Commercial Metals Fight if Tender Fails

    Billionaire investor Carl Icahn said he plans to abandon his minority stake in scrap-metal processor Commercial Metals Co. (CMC) if his tender offer to acquire the c...

  4. Sony Sells its 50% Stake in LCD Venture to Samsung

    FBN’s Adam Shapiro on Sony selling its 50% stake in LCD joint venture to Samsung for $940 million.

  5. Icahn Sends Open Letter to Commercial Metals Holders

    Activist investor Carl Icahn has sent an open letter to Commercial Metals ’ (NYSE:CMC) shareholders in a bid to acquire the maker and recycler of steel and other met...

  6. Icahn Goes Hostile With Bid for Commercial Metals

    Billionaire investor Carl Icahn went hostile with his bid to buy Commercial Metals Co on Tuesday, a day after the metals recycler rejected his $1.73 billion offer.Ic...

  7. Carl Icahn Launches Offer for Commercial Metals

    FBN’s Adam Shapiro on Carl Icahn’s effort to buy Commercial Metals Co . for $1.7 billion.

  8. Steel Stocks Up On Icahn Bid For Commercial Metals

    Steel stocks are rallying early Monday on the heels of a takeover bid for Commercial Metals Co. . On Monday, activist investor Carl Icahn offered to buy the metals p...

  9. Commercial Metals Shares Soar 23% On Icahn Bid

    Commercial Metals Co. shares soared as much as 23% to $14.11 at the open Monday on reports billionaire investor Carl Icahn has made a bid for the Irving, Texas-based...

  10. Icahn Makes Bid For Commercial Metals : Reports

    Icahn Enterprises has bid $15 a share for Commercial Metals Co. , according to reports early Monday. The reported bid represents about a 30% premium over the stock's...

  11. Commercial Metals sets rights plan after Icahn buy

    NEW YORK (Reuters) - Commercial Metals Co <CMC.N> said on Sunday it has adopted a stockholder rights plan, making it harder for activist investor Carl Icahn to take ...

  12. Commercial Metals CEO: Stimulus Disappointing

    Commercial Metals Company CEO Murray McClean on the state of the industry and how the stimulus package has not benefited the industry as much as expected.

  1. Commercial Metals 1Q Sales, Earnings Disappoint

    Hurt by sharply lower demand in its recycling business and softer across-the-board segment earnings, Commercial Metals (NYSE:CMC) halved its first-quarter earnings o...

  2. Texas Mayor on Hostess: Union Leaders Need to Come to Table

    Irving, Texas Mayor Beth Van Duyne on Hostess proceeding with liquidation, and the jobs and tax revenue Irving will lose from the shutdown.

  3. Icahn Asks Oshkosh Shareholders to Replace Board

    Carl Icahn has asked Oshkosh Corp.'s (OSK) shareholders to sell their shares to him or vote for his slate of directors to replace the existing board.With a 9.5% stak...

  4. Icahn Offers to Buy Rest of Oshkosh For $3 Billion

    Carl Icahn offered to buy the rest of Oshkosh Corp. (OSK) that he doesn't already own in a deal that values the heavy-duty vehicle maker at about $3 billion and said...

  5. Icahn Reports Higher Stake in Take-Two, Lower Stake in Commercial Metals

    Carl Icahn reported in a regulatory filing late Tuesday a higher stake in video-game maker Take-Two Interactive Software Inc. (TTWO) and reduced holdings in steel ma...

  6. AK Steel Shares Fall on Cautious Outlook

    AK Steel (NYSE:AKS) will likely swing to a second-quarter profit from a loss last period on climbing demand that has helped lift shipments, but said the market still...

  7. Universal Display Corporation, Endocyte Included in Stocks Up on High Volume Tuesday

    Here are stocks that are up on high volume:Today, Universal Display Corporation (NASDAQ:PANL) is up on high volume, trading at a volume of 1.1 million, or 1.9 times ...

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