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Corporate insiders are taking advantage of the stock market's postelection boom to all-time highs, unloading shares at record levels. The data includes trades made under preplanned 10b5-1 trading plans. Plus, many 10b5-1 trading plans are price-triggered meaning that executives select levels at which to sell shares. Executives at private education firm Grand Canyon Education have sold an aggregate $2.3 million worth of shares in the fourth quarter, per Verity. Nucor CEO Leon Topalian sold $1.9 million in shares the day following the election at an average price of $169.11.
Persons: preplanned, Ben Silverman, Silverman, Verity, Brian Mueller, Reid Hoffman's, Donald Trump's, Tump, Alexander Karp, Daniel D'Aniello, Carlyle, Tesla, Kathleen Wilson, Thompson, Robyn Denholm, Phillip Juhan, Eric Swider, Leon Topalian, Holden Lewis, Daniel Florness, , Jesse Pound Organizations: Education, Canyon Education, Partners, Aurora, Big, Carlyle Group, Trump Media, Securities, Exchange
Nucor CEO Leon Topalian sits down with Jim Cramer
  + stars: | 2024-04-23 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNucor CEO Leon Topalian sits down with Jim CramerNucor Chair, President and CEO Leon Topalian joins 'Mad Money' host Jim Cramer to talk quarterly results, growth over the past years, what's ahead and more.
Persons: Leon Topalian, Jim Cramer Nucor, Jim Cramer
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOur products group has made Nucor an incredible amount of money, says CEO Leon TopalianNucor Chair, President and CEO Leon Topalian joins 'Mad Money' host Jim Cramer to talk quarterly results, growth over the past years, what's ahead and more.
Persons: Leon Topalian, Jim Cramer
In a Tuesday interview with CNBC's Jim Cramer, Nucor CEO Leon Topalian gave reassurances that the steelmaker is on the right track despite quarterly earnings that fell short of expectations and weak guidance for the current period. Nucor released its quarterly report Monday evening and by Tuesday's close, shares had declined more than 8%. The company said it expects its steel products segment to have "moderately decreased earnings" in the second quarter compared to the first due to "lower average selling prices, partially offset by increased volumes." Topalian conceded that the second quarter would be "a little bit lower," but insisted that steel products has been "one of our strongest, most resilient, robust performers." And according to him, Nucor is seeing its earnings moderate after the past few years of intense growth following the pandemic.
Persons: CNBC's Jim Cramer, Leon Topalian, Topalian, Nucor, Tuesday's Organizations: Nucor Locations:
RTX : Shares were roughly flat after the aerospace and defense company delivered a quarterly earnings beat and reaffirmed its full-year 2024 outlook for sales, adjusted earnings and free cash flow. He goes out on an absolute high," Jim Cramer said, noting the strength in its Pratt & Whitney division. Nucor : The steelmaker's first-quarter earnings and sales came in lighter than expected, and its current-quarter outlook disappointed, as well. Cramer noted Nucor CEO Leon Topalian is set to appear on "Mad Money" later Tuesday, and he'll be seeking clarity around the impact pricing has had on the company. Cadence Design Systems : The semiconductor design software maker's second-quarter guidance came in light, saying customers are delaying orders due to hardware transition.
Persons: Jim Cramer's, Greg Hayes, Jim Cramer, Cramer, Leon Topalian, he'll, I've, Vas Organizations: CNBC, Club, Pratt & Whitney, PepsiCo, Novartis, Cadence Design Systems Locations: U.S, Swiss
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're one of the most undervalued stocks on Wall Street, says Nucor CEO Leon TopalianNucor Chair, President and CEO Leon Topalian sits down with 'Mad Money' host Jim Cramer to talk the steel industry, the impact of the Chips and Sciences Act, quarters results and more.
Persons: Leon Topalian, Jim Cramer Organizations: Chips, Sciences
Nucor CEO Leon Topalian debriefed the steelmaking company's Tuesday earnings report with CNBC's Jim Cramer, explaining why the company has been especially profitable over the past few years. "This represents the third most profitable year in Nucor's history behind 2022 and 2021," Topalian said in the company earnings call. "In fact, Nucor's combined net earnings over the past three years exceeds the combined net earnings of the last 20 years. This is a testament to the focus and dedication of our team as we execute our strategy to grow the core, Expand Beyond, and live our culture." Topalian said Nucor benefits from a number of government initiatives that boost demand for steel and incentivize domestic manufacturing.
Persons: Leon Topalian, CNBC's Jim Cramer, Nucor, Topalian, Tuesday's Organizations: Biden Locations: North America, U.S, Nucor, United States
Nucor CEO Leon Topalian goes one-on-one with Jim Cramer
  + stars: | 2023-09-22 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Nucor CEO Leon Topalian goes one-on-one with Jim CramerNucor CEO Leon Topalian goes one-on-one with 'Mad Money' host Jim Cramer to talk share repurchasing, steel tariffs and more.
Persons: Leon Topalian, Jim Cramer
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe have to continue to advocate for the steel industry in the U.S., says Nucor CEO Leon TopalianNucor CEO Leon Topalian goes one-on-one with 'Mad Money' host Jim Cramer to talk share repurchasing, steel tariffs and more.
Persons: Leon Topalian, Jim Cramer Locations: U.S
Leon Topalian, CEO of steelmaker Nucor told CNBC's Jim Cramer on Friday that oversupply continues to be an issue for the industry, stressing the importance of advocating for legislation that prevents steel dumping. The oversupply in the world, particularly out of China is significant," he said. It's been five years since the the Trump administration imposed a 25% tariff on steel imports, targeting foreign countries dumping steel into the U.S. market. "Their leadership and understanding this industry and not protecting free trade, but fair trade, because it's not just cheap steel, it's illegally subsidized and dumped steel that really harms this nation." Ahead of earnings, Nucor preannounced lower-than-expected guidance for the current quarter last week, which sent its stock down 6% in a single session.
Persons: Leon Topalian, steelmaker Nucor, CNBC's Jim Cramer, oversupply, We've, It's, Trump, Topalian, Biden, Gina Raimondo, Katherine Tai, it's Locations: China, U.S
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNucor CEO Leon Topalian: We're investing in tech around the world to deliver net-zero steel productsLeon Topalian, Nucor CEO, joins 'Closing Bell Overtime' to discuss Nucor's recent quarterly report, its strong forecast for steel demand, and more.
Persons: Leon Topalian
Nucor CEO explains the impact of federal infrastructure billsLeon Topalian, president, chair and CEO of Nucor, joins "Mad Money" to discuss the company's first quarter earnings and outlook for the business.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOur long-term tailwinds will take shape in 2023 and beyond, says Nucor CEOLeon Topalian, Nucor CEO, joins 'Closing Bell' to discuss trends he sees from Nucor's end markets, when the long-term tailwinds for the company will manifest and more.
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