Notable Traders Alert: Nucor Corporation (NYSE:NUE), American Homes 4 Rent (NYSE:AMH)

On Wednesday, Shares of Nucor Corporation (NYSE:NUE), included 0.32% and shut at $62.51 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $61.53 and $62.67. The business’ commercial center capitalization is $19.97 Billion with the aggregate fabulous loads of 318.49 million. Nucor Corporation manufactures and sells steel and steel products in the United States and internationally. It operates through three segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment produces and distributes hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; structural steel products comprising wide-flange beams, beam blanks, H-pilings, and sheet pilings; and bar steel products, such as blooms, billets, concrete reinforcing bars, merchant bars, and special bar quality products. This segment sells its products to steel service centers, fabricators, and manufacturers in automotive, energy, agricultural, heavy equipment, and transportation sectors. The Steel Products segment offers steel joists and joist girders, steel decks, fabricated concrete reinforcing and cold finished steel products, steel fasteners, metal building systems, steel gratings, and wire and wire mesh products to general contractors, fabricators, distributors, and manufacturers. Its products are used by contractors in constructing highways, bridges, reservoirs, utilities, hospitals, schools, airports, stadiums, and high-rise buildings. The Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap metal, in addition to holds working interest in natural gas drilling programs. This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for use in manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills, and other processors and consumers of various nonferrous metals.

Shares of American Homes 4 Rent (NYSE:AMH), added 0.88% and shut at $21.18 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $20.79 and $21.20. The association’s commercial center capitalization is $5.08 Billion with the general uncommon loads of 237.80 million. American Homes 4 Rent (AMH), a leading provider of high quality single-family rental homes (“the Company”), recently posted the revised “Home Price Appreciation Factor” and “Home Price Appreciation Amount” through September 30, 2016, as those terms are defined in the final prospectuses for the Company’s 5% Series A, 5% Series B and 5.5% Series C Participating Preferred Shares (NYSE: AMHPRA, AMHPRB and AMHPRC).  The computations of these amounts are based on the results of the House Price Index of the Federal Housing Finance Agency, or FHFA, known as the Quarterly Purchase-Only Index, or POI, specifically the non-seasonally adjusted “Purchase-Only Index” for the “100 Leading Metropolitan Statistical Areas” as of September 30, 2016, which was released November 23, 2016.

Based on the weighting among our top 20 markets established under the terms of our 5% Series A and 5% Series B Participating Preferred Shares, cumulative home price appreciation for the period from June 30, 2013 to September 30, 2016 was 24.77%, resulting in a Home Price Appreciation Factor of 12.39%.  The Home Price Appreciation Amount on our 5% Series A and 5% Series B Participating Preferred Shares through September 30, 2016 was $3.097.

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