3.8600 +0.01 (0.26%)
After hours: 5:47PM EDT
|Bid||0.0000 x 1000|
|Ask||4.5000 x 2200|
|Day's Range||3.8400 - 4.0400|
|52 Week Range||3.3700 - 5.1300|
|Beta (3Y Monthly)||2.09|
|PE Ratio (TTM)||46.39|
|Forward Dividend & Yield||0.14 (3.27%)|
|1y Target Est||5.58|
The trade agreement between the U.S. and China, which is expected to be finalized by March 27, should drive the price of basic materials higher. Warning! GuruFocus has detected 1 Warning Sign with GGB. In light of this, investors should added to their holdings of publicly traded companies operating in the basic materials sector because their revenues will likely increase on higher pricing for basic materials, pushing share prices upward.
Brazilian steelmaker Gerdau SA plans to invest 300 million reais through 2021 to implement a mining process known as dry stacking in the Brazilian state of Minas Gerais, an executive said on an earnings ...
SAO PAULO , Feb. 21, 2019 /PRNewswire/ -- 4Q18 Highlights Highest full-year EBITDA of the last 10 years ( R$ 6.7 billion ), with EBITDA margin of 14.4%, and highest 4Q EBITDA of the last 10 years ( R$ ...
Canadian marijuana producer Aphria Inc. (APHA) has urged its shareholders to “take no action” after cannabis retailer Green Growth Brands Inc. (GGB) tabled another hostile bid for the company. In a press release, Aphria complained that the terms of Green Growth’s latest all-stock takeover offer were “identical” to the unsolicited proposal it made on Dec. 27. Aphria said an independent committee of its board will now evaluate Green Growth’s latest offer before making any formal recommendation and asked shareholders to sit tight while it makes its decision.
Rating Action: Moody's upgrades Gerdau to Ba1; positive outlook. Global Credit Research- 12 Dec 2018. New York, December 12, 2018-- Moody's Investors Service upgraded to Ba1 from Ba2 Gerdau S.A.' s corporate ...
NEW YORK, Dec. 06, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
The Mexican peso rallied on Monday after authorities offered to buy back bonds tied to a scrapped airport project, while a trade truce between the United States and China offered relief to emerging market ...
TENDER INCREASED AND U.S. $1,000,000,000 PRINCIPAL AMOUNT OF BONDS ACCEPTED SAO PAULO , Nov. 30, 2018 /PRNewswire/ -- Gerdau S.A. (Bovespa: GGBR, NYSE: GGB, Latibex: XGGB) ("Gerdau" or the "Company") ...
The dampening effect of the U.S. economy could be reflected in dollar performance, giving emerging economies space to shrug off huge debts that are denominated in dollar.
A slowdown in steel demand in China, the world's top consumer, amid a cooling Chinese economy is a major concern for the steel industry.
Brazilian steelmaker Gerdau SA , which has significant operations in the United States, expects its U.S. bottom line to continue benefiting from import tariffs on the metal and is looking to expand its output there, but is struggling to find workers to fill jobs. "We struggle even to find drivers for our trucks," said Gustavo Werneck, Gerdau's chief executive officer, referring to its U.S. plants, in a meeting with analysts on Thursday. U.S. President Donald Trump has imposed tariffs on imports of steel from China and other countries and implemented trade restrictions on Brazilian steel but Gerdau is able to bypass these limits because it operates plants directly in the United States.
Brazilian steelmaker Gerdau SA , which has significant operations in the United States, said on Thursday that it wants to expand production in the United States but cannot find enough workers to fill jobs. "Our main difficulty is finding workers," said Gustavo Werneck, the chief executive officer, referring to its U.S. plants. Werneck in a meeting with analysts added that he expects spreads, the difference between the cost of buying raw materials and selling the steel, to remain high in 2019.
COLUMBUS, OH, Nov. 15, 2018 /PRNewswire/ - Green Growth Brands (GGB) announced today that David Grutman has joined the GGB team as Special Advisor to the team. Mr. Grutman, operator of such famous Miami nightclubs as LIV and Story and partner in entertainment hotspots Komodo, Komodo Lounge, OTL and Planta, is also currently partnering with singer/producer Pharrell Williams on the newly launched Miami restaurant and bar complex The Swan and Bar Bevy. Named by Rolling Stone magazine as one of the most important people in electronic dance music, Mr. Grutman brings to the company significant expertise in tapping into the entertainment and recreation segment, as well as a rich network in the Miami/South Florida business and entertainment sectors.
SÃO PAULO, Nov. 15, 2018 / PRNewswire/ -- Gerdau S.A. (Bovespa: GGBR, NYSE: GGB, Latibex: XGGB) ("Gerdau" or the "Company") today announced the commencement of an offer to purchase ...
Green Growth Brands (CSE: GGB) ("GGB" or "the company") will make its trading debut on the Canadian Securities Exchange (CSE) at today's market open under the ticker symbol "GGB". The highly-anticipated listing on the CSE represents the completion of the reverse takeover (RTO) announced by the Company in July 2018. "Our listing on the Canadian Securities Exchange represents a significant milestone in the journey of building Green Growth Brands," said Peter Horvath, CEO of GGB's operating entity.