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Nucor increases 2Q earnings expectations

Nucor Corp. today has increased its earnings expectation for the second quarter that ends July 2.

The Charlotte-based manufacturer of steel products said it expects results to be in the range of 75 cents to 80 cents per diluted share. That’s up 160 percent to 180 percent over second-quarter 2010 earnings of 29 cents per diluted share and an increase of 50 percent to 60 percent over first-quarter 2011 earnings of 50 cents per diluted share.

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