$ZEUS (Olympic Steel Inc.)

$ZEUS {{ '2016-08-24T12:05:45+0000' | timeago}} • Announcement

Metals service center $ZEUS said Andrew Greiff, previously President of Specialty Metals, has been promoted to EVP and COO, effective Aug. 19, 2016. Greiff replaces David Wolfort who will continue as President of the company.

$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.

$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.

$ZEUS {{ '2017-12-13T18:03:34+0000' | timeago}} • Announcement

$ZEUS has entered into an amended and restated five-year loan and credit agreement. The amended facility, led by Bank of America as agent bank, increases the size of credit facility from $365MM to $400MM, and extends the maturity to Dec. 8, 2022. The new credit agreement allows for lenders to increase commitments up to a total of $600MM.

$NX {{ '2017-12-12T12:45:40+0000' | timeago}} • Announcement

For FY18, $NX expects to generate net sales of about $890-900MM and adj. EBITDA of about $103-108MM.

$NX {{ '2017-12-12T12:41:50+0000' | timeago}} • Announcement

During 4Q17, $NX divested its non-core wood flooring business, Owens Flooring, on Oct. 31, 2017. The business generated $9.4MM of revenue and net income of less than $0.1MM.

$NX {{ '2017-12-12T12:37:47+0000' | timeago}} • Announcement

Maker of steel bars and aluminum impact extrusions $NX reported a dramatic rise in 4Q17 earnings, despite a 7% drop in revenues. Net income rose to $10.7MM, or $0.31 per share, from $5.4MM, or $0.16 per share during 4Q16. Adj. EPS was $0.37. Net sales fell to $233MM, hurt by the company's exit from business that did not meet financial objectives.

$MLM {{ '2017-12-07T17:36:11+0000' | timeago}} • Announcement

$MLM priced its offering of $300MM of Floating Rate Senior Notes due 2019, $500MM of 3.5% Senior Notes due 2027 and $600MM of 4.250% Senior Notes due 2047. Closing of the offering is expected to occur on Dec. 20, 2017.

$NX {{ '2017-12-04T22:21:52+0000' | timeago}} • Announcement

$NX declared a quarterly cash dividend of $0.04 per share on its common stock, payable December 29, 2017, to shareholders of record on December 15, 2017.

$WAB {{ '2017-12-04T20:45:17+0000' | timeago}} • Announcement

$WAB acquired Melett Ltd., a manufacturer of high-quality turbochargers and replacement parts. With operations in the UK, Europe, North America and China, Melett provides turbochargers and repair parts to automotive turbocharger reconditioning and remanufacturing customers in more than 100 countries around the world.

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