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Mueller Industries, Inc. - $MLI STOCK NEWS

Welcome to our dedicated page for Mueller Industries news (Ticker: $MLI), a resource for investors and traders seeking the latest updates and insights on Mueller Industries stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Mueller Industries's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Mueller Industries's position in the market.

Rhea-AI Summary
Mueller Industries, Inc. (NYSE: MLI) declares a regular quarterly cash dividend of 30 cents per share, payable on September 15, 2023, to shareholders of record on September 1, 2023. The company is an industrial corporation with holdings in vital markets such as air, water, oil, and gas distribution, climate comfort, food preservation, and more. The announcement includes forward-looking statements and highlights the company's global presence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.32%
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dividends
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Rhea-AI Summary
Mueller Industries, Inc. (NYSE: MLI) announces Q2 2023 results with a decrease in net sales attributed to normalized demand and lower copper prices. Operating costs were unfavorably impacted by nonrecurring events including tornado and fire damages. Cash and short-term investments increased to $898.4 million. CEO expects inflation and interest rates to remain elevated, affecting global economy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.89%
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-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.59%
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dividends
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.27%
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-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.24%
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none
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Rhea-AI Sentiment
End-of-Day
-4.03%
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dividends
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Rhea-AI Sentiment
End-of-Day
9.44%
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-
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Rhea-AI Sentiment
End-of-Day
1.49%
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dividends
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Rhea-AI Summary
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Rhea-AI Sentiment
End-of-Day
6.19%
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End-of-Day
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conferences
Mueller Industries, Inc.

NYSE:MLI

MLI Rankings

MLI Stock Data

6.53B
110.57M
2.56%
97.88%
4.88%
Copper Rolling, Drawing, Extruding, and Alloying
Manufacturing
Link
United States of America
COLLIERVILLE

About MLI

mueller industries, inc. (nyse: mli) is an industrial manufacturer specializing in copper and copper alloy manufacturing while also producing goods made from aluminum, steel, and plastics. headquartered in memphis, tennessee, the company comprises a network of operations in the united states, canada, mexico, great britain, and china. products include tubing, fittings, valves, vessels, and related items for plumbing, hvacr, and related piping systems, as well as rod, forgings, extrusions, and various components for oem applications. products are distributed into sectors such as building construction, appliance, defense, energy, and automotive.