|Bid||0.00 x 6000|
|Ask||0.00 x 900|
|Day's Range||38.29 - 39.49|
|52 Week Range||30.05 - 58.00|
|Beta (5Y Monthly)||1.60|
|PE Ratio (TTM)||6.67|
|Earnings Date||May 15, 2020|
|Forward Dividend & Yield||1.25 (3.24%)|
|Ex-Dividend Date||Feb 28, 2020|
|1y Target Est||59.05|
For many investors, the main point of stock picking is to generate higher returns than the overall market. But in any...
Germany’s Wieland Group, one of the world's largest producers of semi-finished copper products, may consider further takeovers after spending around $1 billion to expand in the United States this year, CEO Erwin Mayr said. Wieland in July completed the takeover of U.S. copper products producer Global Brass and Copper Holdings for about $963 million, continuing a programme of expansion Mayr took over when he became CEO in 2017. European Union competition authorities had in February stopped Wieland’s plan to purchase the flat rolled copper business of Germany’s Aurubis.
Aurubis, Europe's largest copper producer, on Friday cut its annual targets, citing factors such as a slower economy and maintenance shutdowns, sending its shares sharply lower. "We expect a continued decline in the product markets due to the general economic trend, especially in the automotive sector," Chief Executive Juergen Schachler said in a statement. "The current fiscal year is a transitional year for Aurubis as we invest intensively in our production," he added.