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Editorial Results (free)

1. Nucor Projects Lower-Than-Expected First-Quarter Profit -

CHARLOTTE, N.C. (AP) – Steelmaker Nucor Corp. on Thursday projected a first-quarter profit well below current Wall Street predictions, saying that its mills haven't gotten the seasonal boost that they typically do during the quarter.

2. Ritz Seeks Countywide Sales Tax Hike -

Incoming Shelby County Commission chairman Mike Ritz wants to add a countywide sales tax hike for education to the Nov. 6 ballot.

The move, if approved by voters, would not only trump the half-cent sales tax hikes approved this month for five of the six suburban municipal school districts – it would also lessen the revenue the city of Memphis would get from a half-percent citywide sales tax hike already on the November ballot.

3. Nucor Says Steel Imports Cause of Lower Profits -

Nucor Corp. executives lowered the steel company’s expected second-quarter profit results Wednesday, June 13, citing the impact of steel imports on the domestic market.

4. Steelmaker Nucor Swings to Profit, Revenue Jumps -

CHARLOTTE, N.C. (AP) – Steel manufacturer Nucor Corp. on Thursday said it returned to a fourth-quarter profit, helped by a jump in revenue.

5. Nucor Q3 Net Income Up Sixfold on Higher Prices -

CHARLOTTE, N.C. (AP) – Steelmaker Nucor Corp. said its third-quarter net rose more than sixfold as steel prices rose sharply from the same period last year, and shipments increased. But the company warned that earnings in the current quarter will be lower than the third quarter as steel prices stagnate.

6. Nucor Q1 Outlook Meets Wall Street Estimates -

CHARLOTTE, N.C. (AP) — Nucor Corp. on Tuesday forecast a first-quarter profit that was in line with Wall Street expectations, as the steelmaker said demand is improving and prices have increased.

7. Nucor Breaks Ground on St. James Parish Plant -

CONVENT, La. (AP) – The head of Nucor Corp. said Monday that plentiful natural gas supplies made it possible for the steelmaker to set up shop in Louisiana and offer the prospect of creating thousands of jobs by providing a reliable energy source for domestic manufacturing.

8. Nucor Sees Q3 Earnings Down From 2nd Quarter -

CHARLOTTE, N.C. (AP) – Steelmaker Nucor Corp. said Tuesday its third-quarter earnings will be down significantly from the second quarter due to higher scrap costs and the inability to pass along these price increases to customers.

9. Nucor Spends $680,000 on Q2 Gov't Lobbying -

WASHINGTON (AP) – Nucor Corp. spent $680,000 in the second quarter to lobby Congress on legislation related to fair trade, energy and steel for military use, according to a recent disclosure report.

10. Nucor Expects To Break Even in Q4 -

Nucor Corp. reported Wednesday it should break even or record slightly positive fourth-quarter results, which would mark the first time this year the steelmaker hasn’t posted a quarterly loss.

11. Possible Nucor Plant in LA Slowed by Recession -

NEW ORLEANS (AP) - Nucor Corp. is buying land for a possible pig iron plant in southeast Louisiana, but the company's chief executive officer said Thursday that the time frame for moving on the project has been slowed by the recession that has stemmed the demand for steel,

12. Nucor Reports8% Q1 Profit Increase -      Nucor Corp.'s first-quarter profit rose 8 percent despite soaring raw material costs, especially for scrap metal.
     The steelmaker and scrap metal recycler reported late last week that its

13. Nucor Profit TumblesAs Costs Offset Revenue -      Nucor Corp.'s third-quarter profit fell 27 percent on higher costs, the company said Thursday, but the earnings at the steelmaker and scrap metal recycler still surpassed analysts expectations.
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14. Nucor Corp. AnnouncesLower Q3 Earnings Guidance -      Steelmaker and scrap-metal recycler Nucor said Wednesday its third-quarter earnings likely will fall short of Wall Street expectations because of continued softness in the sheet metal markets and growing raw material cos

15. Incentive Program Has Businesses on Fast Track To Memphis -

At a Memphis City Council committee meeting last week, council members swiftly put the final touches on a package of incentives for two plum economic development projects.

The votes themselves were almost a formality. The projects - a steel production mill and a giant distribution center for Nike shoes - already officially had been lined up.

16. Nucor Files $47 MillionPermit For Steel Mill -      Charlotte, N.C.-based steelmaker Nucor Corp. is closer to forging its new $230 million steel mill in Memphis' Frank C. Pidgeon Industrial Park.
     Nucor has filed a $47 million building per

17. Archived Article: Birmingham P2 - Birmingham Steel plans sale to Nucor Birmingham Steel plans sale to Nucor Birmingham Steel Corp., as expected, filed for protection from creditors Monday in the U.S. Bankruptcy Court in Wilmington, Del., listing $487.4 million in assets and $681.1 m...