$ROG (Rogers Corporation)

$ROG {{ '2016-08-09T15:52:37+0000' | timeago}} • Announcement

$ROG said it will relocate its global headquarters from Rogers, Connecticut to Chandler, Arizona. The move will build upon $ROG's presence in Arizona, where it already has major business and manufacturing operations.

$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.

$DD {{ '2017-07-13T21:04:02+0000' | timeago}} • Announcement

$DD declared Q3 common stock dividend of $0.38 per share, payable Sept 29, 2017, to stockholders as on July 31, 2017. Regular quarterly dividends of $1.12-1/2 per share on the $4.50 series preferred stock and $0.87-1/2 cents per share on $3.50 series preferred stock also were declared, both payable Oct 25, 2017, to stockholders as on Oct 10, 2017.

$DOW {{ '2017-07-13T17:08:12+0000' | timeago}} • Announcement

$DOW, which is going to merge with $DD in the next 1 or 2 months, named its North American President Pedro Suarez as Chief Commercial Officer. Suarez will be replacing Joe Harlan, who is going to retire from the Company at the close of the Dow DuPont merger.

$TU {{ '2017-07-13T14:39:52+0000' | timeago}} • Announcement

Canadian telecom firm $TU has partnered with cloud solutions provider $RNG to launch the TELUS Business Connect Mobile, as part of expanding the company’s cloud communications portfolio in Canada. The solution is designed to drive productivity and cost savings for businesses.

$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.

$DOW {{ '2017-06-29T13:34:54+0000' | timeago}} • Announcement

$DOW and $DD provided update on status of anticipated merger of two companies. The Boards have jointly begin review and have engaged McKinsey & Co. to assist in this assessment. The lead independent directors of each company are working together to oversee the process. The DowDuPont Board is expected to review the results soon after merger closes.

$MEI {{ '2017-06-22T15:31:23+0000' | timeago}} • Webcast

$MEI said, if the acquisition of Procoplast is completed in 2Q18 as expected, it anticipates $17MM in revenue, which represents seven months of Procoplast revenue. $MEI revealed that it is paying eight times EBITDA multiple of Procoplast for the transaction, though the exact deal value was not disclosed.

$MEI {{ '2017-06-22T11:08:49+0000' | timeago}} • Announcement

$MEI entered into stock purchase agreement for acquisition of Procoplast s.a., an independent maker of automotive complex insert molded subassemblies. The acquisition is expected to complement European automotive business with high volume, highly automated injection production lines for automotive transmission and brake products.

$MEI {{ '2017-06-22T11:05:48+0000' | timeago}} • Announcement

$MEI expects FY18 sales of $807-827MM, pre-tax income of $114-127MM and EPS of $2.43-2.63. This considers the exit of Connectivity and AES, Automotive price reductions, no international grant money from a foreign government, and expected closing of the Procoplast acquisition.

$MEI {{ '2017-06-22T11:02:35+0000' | timeago}} • Announcement

$MEI's gross margin for 4Q17 fell to 25.1% from 28.6% last year. This was primarily as a result of the exit costs for Connectivity and AES, a provision for a customer warranty, unfavorable copper costs, unfavorable sales mix of data solutions products in the Interface segment and unfavorable sales mix in the Automotive segment.

$MEI {{ '2017-06-22T11:01:11+0000' | timeago}} • Announcement

$MEI reported a rise in 4Q17 earnings driven by lower income tax expenses. Net income rose to $23.1MM or $0.62 per share from $22.7MM or $0.61 per share last year. $MEI incurred expenses related to exit of two reporting units and related to activity from potential acquisition during the latest quarter. Net sales grew 3.2% to $219.7MM.

$STLD {{ '2017-06-16T12:43:25+0000' | timeago}} • Announcement

Steel company $STLD has forecast its 2Q17 EPS to be in the range of $0.60 to $0.64, higher than $0.58 the company recorded in 2Q16. Average steel product pricing is expected to increase in 2Q17. Steel Dynamics also declared a quarterly cash dividend of $0.1550 per share, payable on July 7, 2017, to shareholders of record as of June 30, 2017.

$DD {{ '2017-06-15T20:18:39+0000' | timeago}} • Announcement

$DD and $DOW reached a proposed agreement with the Antitrust Division of the United States Department of Justice (DOJ) that will permit the companies to proceed with their proposed merger of equals. The companies reaffirmed their expectation to close the merger in August 2017, with the intended spin-offs to occur within 18 months of closing.

$DD {{ '2017-06-15T20:17:29+0000' | timeago}} • Announcement

$DD and $DOW they have reached an agreement with the Antitrust Division of the US Department of Justice that will permit the companies to proceed with their proposed merger of equals.

$DD {{ '2017-06-14T18:46:04+0000' | timeago}} • Announcement

$DD said the waiting periods for the approval of its transactions with FMC Corporation under the Hart-Scott-Rodino Antitrust Improvements Act have expired without a request for additional information by the US Department of Justice. The expirations satisfy certain conditions to the closing of the transactions with FMC, which is expected in 4Q17.

$TU {{ '2017-06-05T21:04:42+0000' | timeago}} • Announcement

$TU to invest $4.2Bil in new communications infrastructure across Alberta through 2020, including more than $900MM in 2017 alone. The investments are consistent with the company's capital expenditure guidance for 2017.

$RGLD {{ '2017-05-31T17:49:37+0000' | timeago}} • Announcement

$RGLD declared its third quarter dividend of $0.24 per share of common stock. The dividend is payable on July 21, 2017, to shareholders of record at the close of business on July 7, 2017.

$CC {{ '2017-05-23T16:23:27+0000' | timeago}} • Announcement

$CC completed its offering of $500MM of its 5.375% senior notes due 2027. The company will use the net proceeds for general corporate purposes, including its portion of the global settlement of the multi-district PFOA litigation between $DD and the plaintiffs, if finalized.

$DD {{ '2017-05-17T17:12:39+0000' | timeago}} • Announcement

$DD and $DOW said Brazil's Administrative Council for Economic Defense (CADE) has granted conditional regulatory approval of their proposed merger of equals. The companies continue to anticipate closing the merger between Aug. 1, 2017 and Sept. 1, 2017, with the intended spins to occur within 18 months of closing.

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