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Steelcase posts 2Q profit

2014-09-24 10:23:21| Furniture - Topix.net

On a per-share basis, the Grand Rapids, Michigan-based company said it had net income of 24 cents. Earnings, adjusted for restructuring costs, came to 27 cents per share.

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Steelcase profit lifted by strong Americas sales

2014-09-24 02:23:23| Furniture - Topix.net

Steelcase Inc. said its fiscal second-quarter earnings increased 11%, led by a rebound in the office-furniture maker's Americas division. "This strong performance in the Americas, driven again by strong project business, helped to offset the losses in [Europe, Middle East and Africa], where our teams continue to implement the required business model changes in Europe," Chief Executive Jim Keane said.

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Steelcase Raised to Neutral at Zacks

2014-08-27 21:46:36| Furniture - Topix.net

The firm currently has a $16.20 target price on the stock. Zacks 's price objective would suggest a potential upside of 2.60% from the stock's previous close.

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Steelcase Inc. Annual Meeting of Shareholders Announced

2014-07-02 21:51:41| Furniture - Topix.net

Steelcase Inc. will hold its Annual Meeting of Shareholders on Wednesday, July 16, 2014, via live webcast only beginning at 11:00 am EDT.

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Steelcase to close a second European plant

2014-06-27 05:34:35| Furniture - Topix.net

The Grand Rapids office furniture maker plans to sell or close a factory, which has workforce of between 200 to 250 employees, located outside Strasbourg, France Chief executive Jim Keane said the employees were notified on Thursday, June 26, of the company's need to reduce excess manufacturing capacity by closing or transferring the facility and ... (more)

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