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Judge refuses to block sale of Steelcase pyramid to Switch
2016-01-30 00:17:07| Furniture - Topix.net
A Kent County judge ruled a non-profit education group cannot unravel the sale of the former Steelcase pyramid to Switch, the Nevada firm that wants to build a massive data center that is expected to create 1,000 new jobs and $5 billion in new investment. Circuit Court Judge Christopher Yates ruled on Friday, Jan. 29, that Education Campus Investors cannot get its hands on the building at 4400 60th Street SE.
$0.22 EPS Expected for Steelcase Inc. (NYSE:SCS) This Quarter
2016-01-28 09:51:31| Furniture - Topix.net
Analysts expect that Steelcase Inc. will announce $0.22 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Steelcase's earnings, with the highest EPS estimate coming in at $0.22 and the lowest estimate coming in at $0.21.
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Steelcase Recalls Chairs Due to Fall Hazard
2016-01-14 18:23:52| Furniture - Topix.net
Hazard: The screws connecting the seat and back to the base of the chair can detach, posing a fall hazard to the user. or online at www.steelcase.com and click on "Rocky Chair Recall" for more information.
Copper Rock Capital Partners Takes Position in Steelcase Inc.
2016-01-12 11:31:49| Furniture - Topix.net
Copper Rock Capital Partners acquired a new stake in shares of Steelcase Inc. during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The hedge fund acquired 1,175,630 shares of the company's stock, valued at approximately $17,517,000.
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Steelcase Inc. (SCS) Forecasted to Post FY2016 Earnings of $1.05 Per Share
2015-12-31 01:52:20| Furniture - Topix.net
Stock analysts at BB&T Corp. lowered their FY2016 earnings estimates for Steelcase in a research report issued on Monday, Zacks Investment Research reports. BB&T Corp. analyst M. Mccall now forecasts that the firm will post earnings per share of $1.05 for the year, down from their previous forecast of $1.10.
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