SUGAR LAND, TX -- (Marketwire) -- 03/25/09 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Commercial Metals Company (NYSE:CMC) (Irving, Texas) recently reported earnings for the company's second quarter of fiscal year 2009, which ended February 28, 2009. The company reported a net loss of $35.3 million for the quarter compared with net earnings of $39.8 million for the same quarter of 2008. Chief Financial Officer Bill Larson discussed the company's spending in 2009. "Our capital expenditure budget is expected to be slightly under $400 million for fiscal '09," he said.
For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=145004, or browse other breaking industrial news stories at www.industrialinfo.com.
Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to firstname.lastname@example.org or visit us at www.industrialinfo.com.
Related News Articles