$RS (Reliance Steel & Aluminum Co.)

$RS {{ '2016-10-05T12:11:37+0000' | timeago}} • Announcement

Metals service center company $RS appointed Karen Colonias and Douglas Stotlar as independent directors of its Board, effective Oct. 4, 2016. Both Ms. Colonias and Mr. Stotlar were also appointed to the Audit Committee and the Compensation Committee of the company's BoD.

$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.

$NOV {{ '2018-01-19T12:43:51+0000' | timeago}} • Announcement

Excluding the impact of other items, $NOV expects consolidated results for 4Q17 to be at or above prior expectations. The company anticipates Rig Technologies will exceed prior guidance, Wellbore Technologies will be in-line with expectations, and Completion and Production Solutions will fall short of guidance.

$NOV {{ '2018-01-19T12:42:20+0000' | timeago}} • Announcement

$NOV anticipates it will recognize between $120-140MM in pre-tax restructuring charges, including facility closures, severance and inventory write-downs, and other charges during the 4Q17.

$NOV {{ '2018-01-19T12:41:26+0000' | timeago}} • Announcement

$NOV announced it combined its Rig Systems and Rig Aftermarket reporting segments into a single segment called Rig Technologies during 4Q17.

$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.

$MAS {{ '2018-01-08T14:24:46+0000' | timeago}} • Announcement

$MAS signed a definitive agreement to acquire The L.D. Kichler Co, in a move to expand reach into the US residential lighting industry. Additionally, Masco said it acquired Mercury Plastics, Inc. in 4Q17. Mercury is a plastics processor and manufacturer of water handling systems. Terms of the agreements were not disclosed.

$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.

$WM {{ '2017-12-15T12:42:51+0000' | timeago}} • Announcement

$WM has received authorization from its BoD to repurchase $1.25Bil of its common stock. This new authorization is effective immediately. During 2017, the company expects to return approx $1.5Bil to its shareholders through dividends and share repurchases.

$MAS {{ '2017-12-14T20:59:00+0000' | timeago}} • Announcement

$MAS declared a quarterly dividend of $0.105 per common share, payable on February 12, 2018, to shareholders of record on January 12, 2018.

$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.

$NUE {{ '2017-12-01T20:40:41+0000' | timeago}} • Announcement

$NUE's BoD lifted the regular quarterly cash dividend on its common stock to $0.38.  This cash dividend is payable on Feb. 9, 2018, to stockholders of record on Dec. 29, 2017. This is Nucor's 179th consecutive quarterly cash dividend.

$NUE {{ '2017-12-01T20:20:17+0000' | timeago}} • Announcement

$NUE increased the regular quarterly cash dividend on its common stock to $0.38. This cash dividend is payable on February 9, 2018, to stockholders of record on December 29, 2017.

$PRLB {{ '2017-12-01T17:20:59+0000' | timeago}} • Announcement

$PRLB completed its acquisition of privately held company Rapid Manufacturing Group, LLC for aggregate of $120MM. The purchase price consists of $110MM in cash and $10MM in $PRLB stock. Effective today, Rapid will start operating under the name "Rapid, a Proto Labs Co.". Over time, it will transition to operating solely under the Proto Labs brand.

$X {{ '2017-11-28T12:34:23+0000' | timeago}} • Announcement

$X taken two liability management actions to further strengthen its balance sheet using its improved cash and liquidity position. On Dec. 22, 2017, $X will redeem for cash $200MM of its outstanding 8.375% Senior Secured Notes due in 2021. $X made a voluntary cash contribution of $75MM to the U. S. Steel Retirement Plan Trust.

$PRLB {{ '2017-11-21T20:36:20+0000' | timeago}} • Announcement

$PRLB has agreed to acquire privately held company Rapid Manufacturing Group, LLC for an aggregate purchase price of $120MM consisting of $110MM in cash and $10MM in Proto Labs stock. RAPID’s 2017 annual revenue is forecasted to be approx. $45MM. The transaction is expected to close by the end of 2017, subject to customary closing conditions.

$NOV {{ '2017-11-16T13:41:37+0000' | timeago}} • Announcement

$NOV declared a regular quarterly cash dividend of $0.05 per share of common stock, payable on Dec 22, 2017, to each stockholder of record on Dec 8, 2017.

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