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Significant 4Q loss reported by Gibraltar Industries

2015-02-20 17:00:58| Steel - Topix.net

Gibraltar Industries saw a loss of $95.7 million in the fourth quarter because of an impairment charge related to reductions in the value of the company's industrial and infrastructure products segment. "The segment's revenues and profit margins have decreased and future cash flows are expected to be modest in the near term," CFO Kenneth Smith said.

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Trinity Industries (TRN) Stock Soaring Today as Earnings Top Estimates

2015-02-20 15:14:46| Railroads - Topix.net

For the most recent quarter, Trinity Industries said its net income was $138.2 million, or 86 cents per diluted share, compared to $112.8 million or 72 cents per diluted share for the 2013 fourth quarter. Trinity Industries said its revenue for the latest quarter grew by 32% to $1.7 billion versus the $1.3 billion reported for the same period last year.

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Patrick Industries, Inc. Completes Acquisition of Better Way Partners, LLC

2015-02-20 11:31:20| Industrial Newsroom - All News for Today

ELKHART, Ind.  Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") announced today that it has completed the acquisition of the business and certain assets of Better Way Partners, LLC d/b/a Better Way Products ("Better Way") with operating facilities located in New Paris, Bremen and Syracuse...

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McGarry named PPG Industries president

2015-02-20 00:10:46| Chemicals - Topix.net

McGarry, who is already COO, has been in his current position since August 2014, when he was promoted from executive vice president. He will continue to have strategic oversight responsibility for all of PPG's business units and operating regions as well as oversee information technology, environment, health and safety and purchasing functions, according to PPG .

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CF Industries profit falls 27%

2015-02-18 02:29:49| Chemicals - Topix.net

CF Industries Holdings Inc. said its fourth-quarter earnings fell 27% as the fertilizer maker was hurt by higher natural-gas prices and negative derivatives impacts. Looking ahead, CF Chief Executive Tony Will said the company has an attractive order book and is well positioned to capitalize on the fertilizer market conditions it sees developing for the first half of 2015.

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