Tag: NYSE:GGB

Finance

Market Watch: Ericsson (NASDAQ:ERIC), Gerdau S.A. (NYSE:GGB), Extreme Networks Inc. (NASDAQ:EXTR), Star Gas Partners, L.P. (NYSE:SGU), Gold Resource Corp (NYSEMKT:GORO)

Swedish mobile network equipment maker Ericsson (NASDAQ:ERIC) reported Tuesday lower profit in its fourth quarter, despite a slight increase in net sales. For the quarter, net income plunged 35 percent to 4.2 billion Swedish kronor from last year’s 6.4 billion kronor. Earnings per share dropped 35 percent year-over-year to 1.29 kronor. Ericsson (NASDAQ:ERIC) belongs to Technology sector. Its net profit margin is 6.00% and weekly … Continue reading Market Watch: Ericsson (NASDAQ:ERIC), Gerdau S.A. (NYSE:GGB), Extreme Networks Inc. (NASDAQ:EXTR), Star Gas Partners, L.P. (NYSE:SGU), Gold Resource Corp (NYSEMKT:GORO)

Kevin Long
Finance

5 Active Stocks: Gerdau S.A. (NYSE:GGB), Cliffs Natural Resources Inc. (NYSE:CLF), Oceaneering International (NYSE:OII), Orchids Paper Products (NYSEMKT:TIS), JPMorgan Chase (NYSE:JPM)

Shares of steel company Gerdau S.A. (NYSE:GGB) fell in trading Monday as Chinese rebar and iron ore futures slowed for the fourth straight session on declining demand, according to Reuters. Gerdau S.A. (NYSE:GGB) belongs to Basic Materials sector. Its net profit margin is 3.40% and weekly performance is 9.91%. On last trading day company shares ended up $3.55. Gerdau S.A. (NYSE:GGB) distance from 50-day simple … Continue reading 5 Active Stocks: Gerdau S.A. (NYSE:GGB), Cliffs Natural Resources Inc. (NYSE:CLF), Oceaneering International (NYSE:OII), Orchids Paper Products (NYSEMKT:TIS), JPMorgan Chase (NYSE:JPM)

Richard Atkins
Finance

Stocks Getting Hot: Gerdau S.A. (NYSE:GGB), Marathon Oil Corporation (NYSE:MRO), Harbinger Group Inc. (NYSE:HRG), The Boeing Company (NYSE:BA), HollyFrontier Corporation (NYSE:HFC)

Bank of America upgraded shares of Gerdau SA (NYSE:GGB) from a neutral rating to a buy rating in a report issued on Thursday, TheFlyOnTheWall.com reports. Gerdau S.A. (NYSE:GGB) belongs to Basic Materials sector. Its net profit margin is 3.50% and weekly performance is -3.93%. On last trading day company shares ended up $3.42. Gerdau S.A. (NYSE:GGB) distance from 50-day simple moving average (SMA50) is -14.82%. … Continue reading Stocks Getting Hot: Gerdau S.A. (NYSE:GGB), Marathon Oil Corporation (NYSE:MRO), Harbinger Group Inc. (NYSE:HRG), The Boeing Company (NYSE:BA), HollyFrontier Corporation (NYSE:HFC)

Chris Lewis