$ZEUS (Olympic Steel Inc.)

$ZEUS {{ '2016-06-28T12:29:16+0000' | timeago}} • Announcement

Metals service company $ZEUS said that it has named Steve Reyes as Vice President of Central Region, effective July 1, 2016. Mr. Reyes will be responsible for the oversight of the Minneapolis Coil and Plate Divisions, the company's operations in Mexico, as well as warehouse operations in Minnesota and Washington State.

$RBC {{ '2018-01-22T14:03:59+0000' | timeago}} • Announcement

$RBC, which manufactures electrical systems, has declared a dividend of $0.26 per share on its common stock. The dividend is payable on April 13, 2018, to shareholders of record on March 29, 2018.

$PPG {{ '2018-01-19T21:19:56+0000' | timeago}} • Webcast

$PPG said it expects to achieve $45-50MM of the remainder of its $125MM restructuring program in fiscal 2018. The tax rate on earnings from continuing operations is estimated to be in the 23- 24% range, a tad lower than the 2017 level. This year, PPG targets to deploy around $2.4Bil of cash on either acquisitions or share repurchases.

$PPG {{ '2018-01-19T20:33:16+0000' | timeago}} • Webcast

$PPG expects its initiatives to address raw material inflation will yield results in the first half of this year, by bringing in significant raw material efficiency. While focusing on the overall cost structure, PPG plans to continue to execute on its restructuring program. The company expects acquisition-related sales gains of $125MM in FY18.

$PPG {{ '2018-01-19T20:12:57+0000' | timeago}} • Webcast

$PPG said the volume growth in 4Q17 was supplemented by acquisition-related gains from Crown Group, which was added to its fold in October 2017. The company is working with retail firm $HD to have its Timeless product added to more retail locations. In the current fiscal year, PPG plans to spend about $20MM on additional growth-related activities.

$AKS {{ '2018-01-19T17:01:08+0000' | timeago}} • Announcement

$AKS' BoD promoted Christopher Ross, currently AK Steel Treasurer, to VP and Treasurer, effective immediately, overseeing the company’s Treasury, Investor Relations, Credit and Corporate Finance functions.

$PPG {{ '2018-01-19T12:49:12+0000' | timeago}} • Infographic

$PPG PPG Industries, Inc. Earnings AlphaGraphic: Q4 2017 Highlights

$PPG {{ '2018-01-18T16:01:15+0000' | timeago}} • Announcement

$PPG, a manufacturer of coatings, reported an 8% growth in sales to $3.7Bil in 4Q17, helped mainly by higher selling prices and favorable currency rates. Net earnings were $0.73 per share, compared to $1.31 per share in 4Q16, which included one-time gains. Adjusted for special items, 4Q17 earnings were $1.19 per share, up 3% from last year.

$X {{ '2018-01-12T20:06:34+0000' | timeago}} • Announcement

With regard to completion of Department of Commerce's investigation, $X encourages President Trump to take swift and decisive action. "Our Nation cannot afford to allow the continued rise of foreign imports that undermine America's capacity to produce the steel necessary for our country's national and economic security," the company stated.

$WAB {{ '2018-01-09T18:01:53+0000' | timeago}} • Announcement

$WAB has appointed Donald M. Itzkoff as Vice President, Government Relations and Public Affairs. Itzkoff comes to $WAB from General Electric Company, where he led US government affairs for GE Transportation.

$CMC {{ '2018-01-03T12:16:27+0000' | timeago}} • Announcement

$CMC agreed to buy certain U.S. rebar assets from Gerdau S.A. including 4 mini mills and 33 rebar fabrication facilities. $CMC believes this is ideal strategic fit with $CMC given existing expertise in concrete reinforcing products and services. $CMC sees significant opportunity for cost synergies and value creation for customers and shareholders.

$CMC {{ '2018-01-03T12:14:34+0000' | timeago}} • Announcement

$CMC said it normally experiences lower shipment levels due to winter weather conditions impairing construction activity as well as a reduced number of shipping days during 2Q. However, $CMC sees strength in the underlying market fundamentals supporting each of its segments as it enter CY18.

$CMC {{ '2018-01-03T12:14:18+0000' | timeago}} • Announcement

$CMC's Americas Fabrication segment recorded an adjusted operating loss of $4.8MM for 1Q18 compared to a profit of $6.7MM a year ago. The average selling price was similar to last year, however raw material rebar prices have increase resulting in the losses suffered during the recent quarters.

$CMC {{ '2018-01-03T12:13:33+0000' | timeago}} • Announcement

$CMC's Americas Mills segment recorded adjusted operating profit of $40.8MM for 1Q18, up from $36.9MM a year earlier. The segment had a strong shipping quarter as non-residential construction activity remains high. While metal margins were relatively flat, they were $14 per ton higher than 4Q17.

$CMC {{ '2018-01-03T12:13:16+0000' | timeago}} • Announcement

$CMC's Amercias Recycling segment recorded adjusted operating profit of $9.9MM for 1Q18 compared to a loss of $5.1MM a year ago, on strong volumes and a rise in non-ferrous prices. Shipment volumes climbed 44% on higher domestic steel manufacturing utilization rates and the impact of the acquisition of yards.

$CMC {{ '2018-01-03T12:12:59+0000' | timeago}} • Announcement

$CMC reported a rise in 1Q18 earnings driven by robust demand from the construction sector in both the Americas Mills and International Mill segments. Net income rose to $36.81MM or $0.31 per share from $6.28MM or $0.05 per share last year. Net sales grew to $1.24Bil from $994.1MM.

$VMI {{ '2017-12-21T16:58:06+0000' | timeago}} • Announcement

$VMI appointed Donna Milrod and Stephen Kaniewski to its BoD, effective Jan. 1, 2018. Also effective Jan. 1, Mogens Bay, Chairman & CEO, will take over as Executive Chairman. Mr. Kaniewski, COO, will succeed Mr. Bay as CEO on Dec. 31, 2017. Catherine J. Paglia will succeed Kenneth E. Stinson as Lead Director upon his retirement on April 25, 2018.

$WOR {{ '2017-12-19T14:04:38+0000' | timeago}} • Announcement

During 2Q18, $WOR's Steel Processing's net sales was $538.4MM, up 6% helped by higher average direct selling prices. Pressure Cylinders' net sales rose 55% YoY to $300.9MM, due to contributions from the Amtrol acquisition and Engineered Cabs' net sales were $30.4MM, up 35%.

$WOR {{ '2017-12-19T13:57:16+0000' | timeago}} • Announcement

$WOR reported 20% jump in its 2Q18 net sales to $871.3MM, helped by higher average direct selling prices in Steel Processing, higher volumes in Pressure Cylinders and contributions from Amtrol acquisition. However, net income fell to $39.4MM, or $0.62 per share, from $46.6MM, or $0.72 per share in 2Q17, due to pre-tax impairment charges of $8.3MM.

$PH {{ '2017-12-19T12:29:08+0000' | timeago}} • Announcement

Tech firm $PH said the US Department of Justice has filed a final judgment in the Delaware Court, seeking approval of settlement in a complaint regarding the company’s qualified aviation ground fuel filtration business. As per the terms, Parker will divest the Facet filtration unit, which was part of the CLARCOR businesses it had acquired earlier.

$ALB {{ '2017-12-15T11:54:52+0000' | timeago}} • Announcement

Global specialty chemicals industry leader $ALB said it has signed a definitive agreement to sell its polyolefin catalysts and components business to $GRA in cash for approx. $416MM. The organometallics and curatives portions of the Performance Catalysts Solutions business will remain with $ALB. The deal is expected to close during 1Q18.

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