11:50 AM EST - Gerdau Ameristeel Corp. : reported second-quarter net income of $46.7 million or $0.11 per share in comparison to a net loss of $52.4 million or $0.12 per share, a year ago. Net sales for the quarter increased 30% year over year to $1.3 billion from $1.0 billion. Gerdau Ameristeel Corp.
shares T.GNA are trading down $0.03 at $11.13.
