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Apogee Enterprises: Long-Term Thesis Intact Despite Soft Quarter

2013-09-20 13:04:01| Industrial Machines - Topix.net

After it reported its FY14-Q1 in late June, I recommended Apogee Enterprises as a high-quality company led by a new CEO with significant margin expansion potential as well as a potential beneficiary of improved commercial construction, suggesting the stock could appreciate from 24 to 37.50-42 over the next 2-3 years.

Tags: enterprises soft quarter thesis

 

FedEx's Profit Rose 7 Percent in First Quarter

2013-09-20 00:12:10| Air Courier - Topix.net

FedEx reported its net profit in the first quarter of fiscal year 2014, ending Aug. 31, 2013, was $489 million, increasing 7 percent year-over-year from $459 million.

Tags: rose percent profit quarter

 
 

Steelcase Reports Second Quarter Results

2013-09-19 05:14:11| Furniture - Topix.net

Steelcase Inc. today reported second quarter revenue of $757.6 million and net income of $27.6 million, or $0.22 per share, including restructuring costs of approximately $0.02 per share.

Tags: results reports quarter steelcase

 

Steelcase's 2nd quarter profits hurt by European economic crisis, says CEO

2013-09-19 00:14:20| Furniture - Topix.net

The Grand Rapids office furniture maker's net income fell 6.9 percent to $27.6 million or 22 cents a share, from $29.5 million for the same period in fiscal 2013, the company reported Wednesday after the market closed.

Tags: economic european 2nd quarter

 

Steel Dynamics Provides Third Quarter 2013 Earnings Guidance and...

2013-09-18 05:27:07| Steel - Topix.net

Increased profitability from the company's sheet operations is related to both higher volume and metal spread.

Tags: steel quarter guidance dynamics

 

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