On Tuesday,Shares of Wendys Co (NASDAQ:WEN), added 11.94% and closed at $2.05 in the last trading session. The last trading range of the stock ranges between $11.45 and $12.02. The field for the best high school athletes just got a little smaller as the Wendy’s High School Heisman® names the Top Ten Scholar-Athletes in the U.S. These National Finalists, young men and women selected from five different regions, will now compete for the most prestigious award in high school scholar-athletics: the Wendy’s High School Heisman National Winner.
Companhia Siderurgica Nacional (ADR) (NYSE:SID), jumped 1.55% and closed at $3.27 in the last trading session. The last trading range of the stock ranges between $3.08 and $3.52. The company’s Market capitalization is $4.78 Billion with the total Outstanding Shares of 1.36 Billion. Companhia Siderurgica Nacional (BM&FBOVESPA: CSNA3) (SID) declares its results for the third quarter of 2016 (3Q16):
R$1,239 million EBITDA generated, a 45% increase over 2Q16, with 26% EBITDA Margin.
The Gross Profit registered RS1,311 million during 3Q16, 42% higher than 2Q16. The gross margin reached 30%, 9p.p. above 2Q16.
Steel EBITDA of R$552 million, with 19% EBITDA margin, 49% higher than 2Q16, showing the recovery of the steel sector in the domestic market.
Increase in steel sales in the domestic market. 62% participation vs. 53% during 2Q16.
8% steel price increase in the domestic market.
Iron Ore Sales of 10.2Mt, 7% higher than 2Q16.
Iron ore FOB price reached US$39/t, 28% higher than 2Q16.
Mining EBITDA of R$599 million, with 46% EBITDA Margin, 64% higher than 2Q16.
Adjusted net debt remained flat at R$25,842 million, while leverage fell by 0.9x, closing the quarter at 7.4x, as compared to 8.3x in 2Q16, thanks to raised EBITDA generation in the last 12 months.