Commercial Metals Co
NYSE:CMC

  • LAST PRICE
    62.4300
  • TODAY'S CHANGE (%)
    1.2100 (1.9765%)
  • Bid / Lots
    62.3700/ 8
  • Ask / Lots
    62.4600/ 1
  • Open / Previous Close
    61.6000 / 61.2200
  • Day Range
    61.5150
    62.6600
  • 52 Week Range
    43.5200
    63.4050
  • Volume
    283,963

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  • Nov 5, 2024

      Show headlines and story abstract

    • 10:29PM ET on Tuesday Nov 05, 2024 by Dow Jones
      Companies Mentioned: CMC

    • 10:14PM ET on Tuesday Nov 05, 2024 by PR Newswire
      Companies Mentioned: CMC

      Commercial Metals Company (NYSE:CMC) today issued a statement in response to the jury verdict reached in the Pacific Steel Group v. Commercial Metals Co. (N.D. Cal.) litigation. Pacific Steel Group ("Pacific Steel") filed this lawsuit claiming, among other things, various restraints on trade by CMC. A trial on Pacific Steel's claims began on October 21st and concluded today with a verdict in favor of Pacific Steel in the amount of $110 million, which will be trebled as a matter of law, plus attorneys' fees. We are very disappointed by the outcome, and plan to appeal the verdict. CMC stands by the strong integrity of its business practices and will vigorously defend its position.

    • 10:14PM ET on Tuesday Nov 05, 2024 by Dow Jones
      Companies Mentioned: CMC

      CMC Statement Regarding Pacific Steel Group v. Commercial Metals Co. Litigation

      PR Newswire

      IRVING, Texas, Nov. 5, 2024

      IRVING, Texas, Nov. 5, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today issued a statement in response to the jury verdict reached in the Pacific Steel Group v. Commercial Metals Co. (N.D. Cal.) litigation. Pacific Steel Group ("Pacific Steel") filed this lawsuit claiming, among other things, various restraints on trade by CMC. A trial on Pacific Steel's claims began on October 21st and concluded today with a verdict in favor of Pacific Steel in the amount of $110 million, which will be trebled as a matter of law, plus attorneys' fees. We are very disappointed by the outcome, and plan to appeal the verdict. CMC stands by the strong integrity of its business practices and will vigorously defend its position.

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