On Tuesday, Shares of Nucor Corporation (NYSE:NUE), added 0.08% and closed at $51.37 in the last trading session. The last trading range of the stock ranges between $50.59 and $51.94. Nucor Corporation (NUE) declared recently that it has closed on its acquisition of Independence Tube Corporation for about $435 million.
“We are happy to welcome the 335 teammates at Independence Tube to the Nucor family,” said John Ferriola, Chairman, CEO and President of Nucor Corporation. “This is a great acquisition for Nucor, giving us another growth platform and enhancing our position as the most comprehensive provider of steel solutions to the construction and infrastructure markets.”
Independence Tube is a leading manufacturer of hollow structural section (HSS) steel tubing, which is used in a broad array of structural and mechanical applications counting nonresidential construction, infrastructure, and agricultural and construction equipment end-use markets. Independence Tube has the second highest market share in HSS, selling its products mainly through service centers, which are also an important channel to market for Nucor products.
Silver Standard Resources Inc. (USA)(NASDAQ:SSRI), dropped -0.27% and closed at $11.03 in the last trading session. The last trading range of the stock ranges between $10.73 and $11.43. The company’s Market capitalization is $1.26 Billion with the total Outstanding Shares of 118.88 million. Silver Standard Resources Inc. (SSRI) (SSO.TO) (“Silver Standard”) reports merged financial results for the third quarter ended September 30, 2016.
Paul Benson, President and CEO said, “In the third quarter of 2016 we demonstrated raised scale and healthy margin with our record quarterly production, among other operating records. We produced nearly 113,000 gold equivalent ounces at all-in sustaining costs of $940 per ounce, and have improved guidance at our Marigold and Pirquitas mines. Importantly, we continued to drive our Operational Excellence programs, which delivered tangible results at all operations, counting our updated five-year outlook at Marigold, a successful plant trial at Seabee and record production and quarterly throughput at Pirquitas.”
On the otherhand Dollar General Corp. (NYSE:DG), lost -0.07% and closed at $69.72 in the last trading session. The last trading range of the stock ranges between $68.92 and $70.08. During the 52-week trading session the minimum price at which share price traded, registered at $59.75 and reached to max level of $96.88. With the holidays quickly approaching, Dollar General (DG) is excited to declare its 2016 holiday in-store and online offerings and prices aimed to continue assisting customers save time and money this year. At more than 13,000 locations in 43 states, customers may save throughout the holiday season with Dollar General’s everyday low prices, seasonal sales and digital coupon program on electronics, baking needs counting fresh milk, eggs and bread, décor, apparel, toys, gift cards and more.
“Dollar General’s continued focus to deliver everyday low prices and value continues throughout the forthcoming holidays with exciting product offerings, extended store hours, multiple avenues to save in stores and online and opportunities to share our mission of Serving Others,” said Todd Vasos, Dollar General’s chief executive officer. “As the holiday season highlights our ongoing commitment to serve our customers and communities, we are providing more ways than ever for customers to take advantage of holiday offerings and stretch their holiday budgets.”