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Worthington Reports Q2FY11 Net Sales of $580.7M
Wednesday, January 5, 2011 - 9:32am | 54Worthington Industries, Inc. (NYSE: WOR) today reported net sales of $580.7 million and net earnings of $14.5 million, or $0.20 per share, for its fiscal 2011 second quarter ended November 30, 2010. In last year's second quarter, the Company reported net sales of $448.0 million and net earnings of...
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Earnings Scheduled For January 5 (FC, RT, WOR, RECN, FDO, ZEP, UNF, RELL, SHLM)
Wednesday, January 5, 2011 - 5:42am | 244Franklin Covey Company (NYSE: FC) is expected to report its Q1 EPS at $0.08 on revenue of $38.38 million. Ruby Tuesday Inc (NYSE: RT) is projected to report its FQ2 EPS at $0.05 on revenue of $279.35 million. Worthington Industries Inc (NYSE: WOR) may post its earnings at $0.26 per share on revenue...
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Stocks To Watch For January 5 (MOS, FDO, SONC, WOR, TRID)
Wednesday, January 5, 2011 - 5:34am | 252Some of the stocks that may grab investor focus today are: Mosaic Co (NYSE: MOS) reported its FQ2 earnings at $2.29 per share, up from $0.24 per share in the year-ago period. Excluding gains from the sale of its stake in Fosfertil SA, Mosaic posted its earnings at $1.01 per share. The company's...
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Latest Pullback Healthy 01-04-2011
Tuesday, January 4, 2011 - 8:21pm | 825Cusick's Corner This is healthy -- a pullback, maybe a consolidation, and then the market digests and resumes the major trend. Commodities have taken the hardest hits. If markets like Gold and Oil can hold key levels of 1325 on Gold and 85 on Oil and take a breather, look at strategies that take...
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Mechel OAO Up 6.2% After Hitting 52-Week High (MTL)
Tuesday, January 4, 2011 - 5:26pm | 173Shares of Mechel OAO (NYSE: MTL) ended the Tuesday trading session up 6.2% at $32.75 per share. The stock began to lose some of its gains during after-hours trading and was down 1.71% to $32.19 per share. On Monday morning the company announced management changes related to a malfunction in the...
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Metal Stocks May Be At A Top
Tuesday, January 4, 2011 - 12:42pm | 302The bullish sentiment on metal stocks has grown to a roar. Many of these stocks have soared 50 to 100% in recent months with some going even higher. Over the first couple days of the new year, new money has been thrown at the markets. This new money has looked for easy profits thus chasing metal...
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Mechel ADR Hits New 52-Week High (MTL)
Tuesday, January 4, 2011 - 10:51am | 29Mechel OAO ADR (NYSE: MTL) hit a new 52-week high today, at last price check MTL was trading at $31.84 per share.
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Worthington Industries Involved in Joint Venture in China
Tuesday, January 4, 2011 - 9:35am | 86Reflecting its focus on identifying growth opportunities for housing in China, Worthington Industries, Inc. (NYSE: WOR) announced today the creation of a joint venture to manufacture light gauge steel framing products and to design, engineer and supply light gauge steel-framed mid-rise residential...
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POSCO Progress on Chile Project - Analyst Blog
Monday, January 3, 2011 - 4:30pm | 350POSCO (PKX) recently announced the successful completion of Plant 1 synchronization of the Angamos coal fired plant (capacity 520 MW) by POSCO E&C. Synchronization involves delivery and connection of the existing power with the existing system through transmission lines. The Angamos plant,...
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POSCO Progress on Chile Project - Analyst Blog
Monday, January 3, 2011 - 4:12pm | 350POSCO (PKX) recently announced the successful completion of Plant 1 synchronization of the Angamos coal fired plant (capacity 520 MW) by POSCO E&C. Synchronization involves delivery and connection of the existing power with the existing system through transmission lines. The Angamos plant,...
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AK Steel Announces February 2011 Surcharges of $350 per Ton
Monday, January 3, 2011 - 3:18pm | 59AK Steel (NYSE: AKS) has advised its customers that a $350 per ton surcharge will be added to invoices for electrical steel products shipped in February 2011. February 2011 surcharges for the broad range of stainless steel products that AK Steel produces can be found on the company's web site at...
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New Money Rushing For Commodity Plays Yells Caution
Monday, January 3, 2011 - 12:58pm | 189There seems to be a panic going on the extreme bullish side as money is running for commodity stocks. Molycorp, Inc. (NYSE: MCP) is surging to $57.78, +7.88 (+15.79%) while Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) is making new 52 week highs. Even United States Steel Corporation (NYSE: X...
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NASDAQ Stocks Hitting 52-Week Highs (TISI, SBUX, SCHN, RVSN)
Monday, January 3, 2011 - 11:48am | 134Team Inc (NASDAQ: TISI) shares gained 4.01% to create a new 52-week high of $25.17. TISI is all set to report its Q2 earnings on January 4. Starbucks Corporation (NASDAQ: SBUX) shares rose 3.49% to touch a new 52-week high of $33.25. SBUX's trailing-twelve-month revenue is $10.71 billion. Schnitzer...
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Carpenter Technology Announces Acquisition of Amega West Services, LLC
Monday, January 3, 2011 - 10:15am | 75Carpenter Technology Corporation (NYSE: CRS) today announced it has acquired Amega West Services, LLC. The business was purchased from a group consisting of Energy Special Situations Funds, other investors and certain Amega West employees for approximately $54 million. The acquisition provides...
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China Precision Steel Skyorcketing (CPSL)
Thursday, December 30, 2010 - 4:22pm | 84Shares of China Precision Steel, Inc. (NASDAQ: CPSL) are skyrocketing, with just under an hour left to go in Thursday's trading session. At last check, shares of CPSL were up 37 cents to $1.99, a gain of 22.84%. Volume is exceptionally heavy today, as it's traded almost 5.7 million shares today,...