On Tuesday, Shares of Steel Dynamics, Inc. (NASDAQ:STLD), gained 3.25% to $19.39.
Steel Dynamics, declared that the International Trade Commission (ITC), acting following a petition by Steel Dynamics, Inc., AK Steel Corporation, ArcelorMittal USA, California Steel Industries, Nucor Corporation, and United States Steel Corporation, made a preliminary determination that imports of corrosion resistant steel from China, India, Italy, South Korea, and Taiwan injured the U.S. steel industry. The petitioners asked the Department of Commerce and the U.S. International Trade Commission to apply antidumping and countervailing duties against these imports on June 3, 2015.
Citing evidence of the import surge in the U.S. steel producers’ petition, corrosion resistant sheet steel raised 85%, from 1.5 million to 2.75 million tons between 2012 and 2014 from the five subject countries. Additionally, these countries have raised their tonnage of these imports over 30 percent to 800,000 tons from 600,000 tons in the first quarter of 2015, more than doubling their share between 2012 and the end of March, 2015.
Steel Dynamics, Inc., together with its auxiliaries, manufactures and sells steel products, processes and sells recycled ferrous and nonferrous metals, and fabricates and sells steel joist and decking products in the United States and internationally.
Shares of Prologis Inc (NYSE:PLD), inclined 1.66% to $40.31, during its last trading session.
Prologis, stated results for the second quarter of 2015 and declared that its Board of Directors has approved a quarterly dividend enhance, raising the company’s annualized dividend level by 11 percent to $1.60 per share of common stock.
Core funds from operations (Core FFO) per diluted share was $0.52 for the second quarter contrast with $0.48 for the same period in 2014, an enhance of 8 percent.
Prologis Inc. is an independent equity real estate investment trust. It invests in the real estate markets across the globe. The firm engages in the ownership, development, administration, and leasing of industrial distribution and retail properties.
Finally, ABIOMED, Inc. (NASDAQ:ABMD), ended its last trade with 4.80% gain, and closed at $75.58.
Abiomed, declared that on Tuesday, August 4, 2015, the Company will release financial results for the first quarter of fiscal 2016. The Company will host a conference call to talk about the results on Tuesday, August 4, 2015, at 8:00 a.m. EDT.
ABIOMED, Inc. researches, develops, and sells medical devices in circulatory support and continuum of care in heart recovery to acute heart failure patients. The company offers Impella 2.5 catheter, a percutaneous micro heart pump with integrated motor and sensors for use in interventional cardiology; Impella CP that provides partial circulatory support using an extracorporeal bypass control unit; Impella 5.0 catheter and Impella LD, which are percutaneous micro heart pumps with integrated motors and sensors for use primarily in the heart surgery suite; and Impella RP, a percutaneous catheter-based axial flow pump.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
