GGB - Gerdau S.A.
| Previous Close | 4.0900 |
| Open | 4.0700 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 38800 |
| Day's Range | 4.0032 - 4.1000 |
| 52 Week Range | 3.3700 - 5.3200 |
| Volume | 8,102,892 |
| Avg. Volume | 13,610,798 |
| Market Cap | 6.269B |
| Beta (3Y Monthly) | 2.62 |
| PE Ratio (TTM) | 48.31 |
| EPS (TTM) | 0.08 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.14 (3.38%) |
| Ex-Dividend Date | 2018-11-23 |
| 1y Target Est | 5.60 |
- Zacks•19 days ago
US Raw Steel Output Rises as Capacity Utilization Tops 80%
U.S. steel mills operated at 81% of their capacity for the week ending Dec 29.
- Moody's•last month
St. Paul Port Authority, MN -- Moody's upgrades Gerdau to Ba1; positive outlook
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 ...
- Zacks•last month
Eastman Chemical's (EMN) Board Announces 11% Hike in Dividend
Eastman Chemical (EMN) is committed towards balanced and disciplined capital allocation and shareholders returns.
- GlobeNewswire•2 months ago
Market Trends Toward New Normal in Perrigo Company plc, Sina, Gerdau S.A, Sinclair Broadcast Group, Invesco, and Enbridge — Emerging Consolidated Expectations, Analyst Ratings
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,.
- Zacks•2 months ago
DowDuPont's (DWDP) Unit to Boost Methyl Cellulose Capacity
DowDuPont's (DWDP) unit's capacity expansions demonstrate the company's commitment to the dry mix industry.
- Zacks•2 months ago
PPG Industries to Hike Global Prices of Industrial Coatings
PPG Industries (PPG) is taking the price increase action amid the inflationary environment.
- Reuters•2 months ago
EMERGING MARKETS-Mexican peso jumps on airport bond buyback plan, trade relief
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 ...
- PR Newswire•2 months ago
Gerdau S.A. Announces Results Of Early Tender Period Of The Cash Tender Offer For Certain Of The Outstanding 7.000% Bonds Due 2020, 5.750% Bonds Due 2021, 4.750% Bonds Due 2023, 5.893% Bonds Due 2024 And 4.875% Bonds Due 2027
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") ...
- Zacks•2 months ago
Emerging Markets to Outpace US in 2019: 4 Gainers
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.
- Zacks•2 months ago
World Steel Output Up: China is a Risk Looming on the Horizon
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.
- Reuters•2 months ago
Brazil steelmaker Gerdau struggles to find workers in the U.S.
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.
- Reuters•2 months ago
Brazil steelmaker Gerdau cannot find US workers to expand production
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.
- Thomson Reuters StreetEvents•2 months ago
Edited Transcript of GGBR4.SA earnings conference call or presentation 7-Nov-18 4:00pm GMT
Q3 2018 Gerdau SA Earnings Call
- PR Newswire•2 months ago
Green Growth Brands Adds Entertainment Mogul David Grutman to its Expanding All Star Team
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.
CNW Group•2 months agoGreen Growth Brands Adds Entertainment Mogul David Grutman to its Expanding All Star Team
COLUMBUS, OH , Nov. 15, 2018 /CNW/ - 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.
- PR Newswire•2 months ago
Gerdau S.A. Announces Commencement of Cash Tender Offer up to a Maximum Amount of U.S.$900,000,000 Aggregate Consideration for Certain of the Outstanding 7.000% Bonds Due 2020, 5.750% Bonds Due 2021, 4.750% Bonds Due 2023, 5.893% Bonds Due 2024 and 4.875% Bonds Due 2027
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 ...
- PR Newswire•2 months ago
Green Growth Brands Debuts on the Canadian Securities Exchange Under the Symbol "GGB"
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.
CNW Group•2 months agoGreen Growth Brands Debuts on the Canadian Securities Exchange Under the Symbol "GGB"
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.
- Newsfile•2 months ago
Acquisition of Securities of Xanthic Biopharma Inc. d.b.a. Green Growth Brands
Toronto, Ontario--(Newsfile Corp. - November 12, 2018) - On November 9, 2018, pursuant to an arm's length business combination agreement between Xanthic Biopharma Inc. ("Xanthic") and Green Growth Brands Ltd. ("GGB"), Xanthic completed a business combination with GGB by way of a three-cornered amalgamation pursuant to which GGB amalgamated with a wholly-owned subsidiary of Xanthic to form one company as a wholly-owned subsidiary of Xanthic (the "Business Combination"). Following closing, Xanthic will continue under ...
- Moody's•2 months ago
Commercial Metals Company -- Moody's confirms certain CMC ratings, upgrades the 2026 notes; outlook negative
Moody's Investors Service ("Moody's") confirmed Commercial Metals Company's (CMC) Corporate Family Rating (CFR) and its Probability of Default Rating at Ba1 and Ba1-PD respectively. Moody's also confirmed the Ba2 rating on the senior unsecured notes due in 2023 and 2027 and upgraded to Ba2 from Ba3 the senior unsecured notes due April 15, 2026. The rating on the senior unsecured shelf was confirmed at (P)Ba2.
- Reuters•3 months ago
Brazilian steelmaker Gerdau beats estimates as US division results rise
Brazilian steelmaker Gerdau SA posted net income of 791 million reais ($210 million) in the third quarter, more than double analysts' estimates of 385 million reais, helped by higher steel prices in the United States and Brazil. Gerdau posted the highest EBITDA, a gauge of operational profit, in a decade. In a conference call with analysts, Chief Executive Gustavo Werneck said Gerdau expects even higher prices in Brazil next year, as the country resumes growth and investment rates pick up.
- Reuters•3 months ago
Despite selling less, Brazil steelmaker Gerdau brings high profits amid higher prices
Brazil steelmaker Gerdau SA on Wednesday reported a third-quarter profit of 791 million reais, more than 5 times more than a year earlier, driven by higher steel prices despite selling less metal overall. The results beat a Refinitiv IBES estimate that said Gerdau would have a net profit of 626 million reais this quarter. Overall, Gerdau sold 5 percent less steel this quarter than in the same period last year, but managed to bring in 35 percent higher revenue for its metal, due to steel prices that have soared internationally as the United States and China have battled over trade tariffs, including tariffs for steel.
