We recently compiled a list of the 10 Best Recycling Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Commercial Metals Company (NYSE:CMC) stands against the other recycling stocks. Imagine living in a society where all kinds of waste are converted into useful resources that power […]
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 att