Nucor sees marginal 4th-qtr. profit

Dec 09, 2008 | 05:07 AM | Scott Robertson

Nucor Corp., Charlotte, N.C., expects to turn a profit in the fourth quarter, but it likely will be "only marginally above the break-even level" during the period.

The steelmaker issued fourth-quarter guidance Tuesday after choosing not to provide it during the company's third-quarter conference call in October. At that time, what were then the early stages of the global financial crisis created uncertainty that prevented Nucor from....

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