$TMST (TimkenSteel Corporation)

$TMST {{ '2016-02-18T14:39:50+0000' | timeago}} • Announcement

$TMST said it has developed new process to make high-pressure tubing (HPT) for use in production of low-density polyethylene (LDPE). $TMST recently accepted first order of HPT for major petrochemical producer. Over last decade, HPT for LDPE environments has had extended supply chains that created long lead times for North American customers.

$NUE {{ '2017-07-20T18:53:23+0000' | timeago}} • Webcast

$NUE said looking into 3Q17, pricing seems to be holding and improving in flat rolled products. The company is seeing stability in other businesses in terms of demand. A large number of bookings are also in place and factoring all these together, $NUE expects to see performance that is consistent with 1H17.

$NUE {{ '2017-07-20T18:35:31+0000' | timeago}} • Webcast

In 2Q17, $NUE invested approx. $176MM to build a hot band galvanizing and pickling line at its sheet mill in Ghent, Kentucky. The new galvanizing line will expand Nucor Steel Gallatin's product capabilities and should have an annual capacity of 500,000 tons. It is expected to take two years to construct the galvanizing line and begin operations.

$NUE {{ '2017-07-20T18:31:10+0000' | timeago}} • Webcast

$NUE stated that imports continue to negatively impact the US steel industry. Through 1H17, finished steel imports have increased about 15% compared to 1H16 and account for an estimated 27% share of the US market. The industry continues to pursue trade cases to combat unfairly traded imports.

$NUE {{ '2017-07-20T14:49:50+0000' | timeago}} • Infographic

$NUE Nucor Corporation Earnings AlphaGraphic: Q2 2017 Highlights

$NUE {{ '2017-07-20T13:33:14+0000' | timeago}} • Announcement

$NUE expects 3Q17 earnings to be in a range similar to the quarterly results of 1H17. Non-residential construction indicators, such as the Dodge Momentum Index, suggest that construction activity will remain healthy through the end of 2017. $NUE is gaining ground in the automotive market and expects this trend to continue through 2017.

$NUE {{ '2017-07-20T13:30:26+0000' | timeago}} • Announcement

$NUE reported consolidated net earnings of $323MM or $1 per share for 2Q17 compared to $243.6MM or $0.76 per share for 2Q16. Consolidated net sales increased 22% to $5.17Bil from 2Q16. Average sales price per ton in 2Q17 increased 17% from 2Q16.

$STLD {{ '2017-07-19T22:47:22+0000' | timeago}} • Announcement

$STLD remains optimistic that macroeconomic and market conditions are in place to benefit domestic steel consumption in the coming years. The company also believes that North American automotive steel consumption will be steady and that there will be additional growth in the energy and construction sectors.

$STLD {{ '2017-07-19T22:40:19+0000' | timeago}} • Announcement

Steel producer and metal recycler $STLD reported higher 2Q17 earnings, driven by steady steel demand from the automotive sector and surge in revenue. Net income increased 7.73% to $152.94MM or $0.63 per share from $141.96MM or $0.58 per share a year ago. Revenue for the quarter jumped 18.12% to $2.39Bil.

$LTXB {{ '2017-07-19T12:21:26+0000' | timeago}} • Announcement

$LTXB, the holding company for LegacyTexas Bank, declared a quarterly cash dividend of $0.15 per share, payable on Aug. 14, 2017, to stockholders of record as of the close of business on July 31, 2017.

$TMST {{ '2017-07-17T20:39:52+0000' | timeago}} • Announcement

$TMST said Shawn Seanor, EVP of Sales and Business Development, has announced his retirement. Tom Moline is assuming the role of EVP of Commercial Operations. Bill Bryan has been named EVP of Manufacturing and Supply Chain.

$STLD {{ '2017-07-05T16:39:54+0000' | timeago}} • Announcement

$STLD announced the expansion of its Structural and Rail Division located in Columbia City, Indiana.  The $75MM expansion will utilize excess melting and casting capability and further diversify its product portfolio and market sector exposure. The project is scheduled to be completed during 4Q18.

$DXC {{ '2017-07-05T13:22:08+0000' | timeago}} • Announcement

$DXC has acquired Tribridge, an independent integrators of Microsoft Dynamics 365. The acquisition includes the Tribridge affiliate company, Concerto Cloud Services. Under the agreement, which is effective immediately, Tribridge will be known as Tribridge, a DXC Technology Company. Financial terms were not disclosed.

$TKR {{ '2017-07-05T12:40:40+0000' | timeago}} • Announcement

Engineering firm $TKR said its subsidiary Timken India has entered into an agreement to acquire Mumbai-based ABC Bearings Ltd. After the merger of ABC into Timken India, shareholders of the former will receive Timken India’s shares as consideration. The transaction is expected to complete in six months.

$LCII {{ '2017-07-03T14:37:19+0000' | timeago}} • Announcement

Engineering firm $LCII said its Lippert Components units acquired Italy-based Metallarte and its subsidiary RV Doors, a manufacturer of driver-side doors. The $16.8MM purchase price was paid from available cash, borrowings under the company's $200MM line of credit and contingent consideration based on future sales.

$X {{ '2017-06-30T21:32:14+0000' | timeago}} • Announcement

$X has finalized an agreement with Bedrock Industries Group LLC for the sale and transition of ownership of US Steel Canada, Inc. to Bedrock. As part of the transition in ownership, US Steel will continue to provide certain transition services to $X and agreed to supply $X with all of its requirements for iron ore pellets through Jan. 31, 2022.

$CMC {{ '2017-06-30T12:21:11+0000' | timeago}} • Announcement

$CMC said it has agreed to sell $300MM aggregate principal amount of its 5.375% senior notes due 2027 in a public offering, under the company’s shelf registration statement. The offering is expected to close by July 11, 2017. The net proceeds from the offering will be used mainly for a cash tender offer for outstanding 7.35% senior notes due 2018.

$WOR {{ '2017-06-29T18:07:55+0000' | timeago}} • Webcast

$WOR is seeing stronger demand from the Northeast in the coming quarters, where various energy infrastructure projects such as drilling and pipe-laying are nearing completion. Going ahead, the company will continue with its strategy to grow through mergers and acquisitions, and estimates capital expenditure of $80-85MM this year.

$WOR {{ '2017-06-29T18:01:54+0000' | timeago}} • Webcast

$WOR has been realigning its Pressure Cylinders business, and with the recent acquisition of Amtrol, two new divisions - Industrial Gas and Consumer Gas - were added to the segment. The company expects the stable price of natural gas, which stays stronger than oil, to continue to drive demand for its high margin products.

$WOR {{ '2017-06-29T17:53:00+0000' | timeago}} • Webcast

Metal manufacturer $WOR said it received dividends of about $18MM from joint ventures in 4Q17. The benefits of the company’s recent capacity expansion have started yielding benefits. $WOR sees a major improvement in the key areas of its operation in the near term, including supply chain and support function.

$KMT {{ '2017-06-29T12:32:27+0000' | timeago}} • Announcement

$KMT has appointed Christopher Rossi as president and CEO. Rossi succeeds Ron De Feo who has been appointed executive chairman of the board. The appointments are effective August 1, 2017. Most recently, Rossi served as CEO of Dresser-Rand at Siemens - from September 2015 through May 2017.

Recent Transcripts

NUE (Nucor Corporation)
Thursday, July 20 2017 - 6:00pm
STLD (Steel Dynamics Inc.)
Thursday, July 20 2017 - 2:00pm
LTXB (LegacyTexas Financial Group Inc.)
Wednesday, July 19 2017 - 1:00pm
WOR (Worthington Industries, Inc.)
Thursday, June 29 2017 - 2:30pm
CMC (Commercial Metals Company)
Thursday, June 22 2017 - 3:00pm
GOOS (Canada Goose Holdings Inc.)
Friday, June 2 2017 - 1:00pm
DXC (DXC Technology Company)
Thursday, May 25 2017 - 9:00pm
PUMP (ProPetro Holding Corp.)
Thursday, May 11 2017 - 1:00pm
AYX (Alteryx, Inc.)
Wednesday, May 10 2017 - 9:00pm
MULE (MuleSoft, Inc.)
Thursday, May 4 2017 - 9:00pm
PI (Impinj, Inc.)
Thursday, May 4 2017 - 9:00pm
LCII (LCI Industries)
Thursday, May 4 2017 - 3:00pm
TMST (TimkenSteel Corporation)
Friday, April 28 2017 - 1:00pm
MTRN (Materion Corporation)
Friday, April 28 2017 - 1:00pm
CRS (Carpenter Technology Corp.)
Thursday, April 27 2017 - 2:00pm
TKR (The Timken Company)
Wednesday, April 26 2017 - 3:00pm
X (United States Steel Corp.)
Wednesday, April 26 2017 - 12:30pm
KMT (Kennametal Inc.)
Wednesday, April 26 2017 - 12:30pm
AKS (AK Steel Holding Corporation)
Tuesday, April 25 2017 - 3:00pm
NUE (Nucor Corporation)
Thursday, April 20 2017 - 6:00pm

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