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Steelcase: Not Jumping In

2015-12-29 17:56:53| Furniture - Topix.net

Every market day, we select up to 20 of our authors' top long and short ideas, exclusively for PRO subscribers. Whether the explanation is execution mistakes or macro/corporate spending issues, it's not good for the bull case here.

Tags: jumping steelcase

 

Steelcase Inc. (SCS) Receives Buy Rating from Raymond James

2015-12-29 05:11:54| Furniture - Topix.net

's stock had its "buy" rating reaffirmed by Raymond James in a research note issued to investors on Monday, Analyst Ratings Net reports. Separately, Zacks Investment Research lowered Steelcase from a "buy" rating to a "hold" rating in a report on Monday, November 30th.

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Steelcase, Herman Miller see drop in big project orders

2015-12-29 00:51:17| Furniture - Topix.net

Chief executives at Steelcase and Herman Miller brought up the troubling trend during conference calls with analysts this month to discuss quarterly results. "The thing that was most pronounced was the drop in the large customers, a decline in orders from large customers and a decline in large projects," Steelcase CEO Jim Keane told analysts Dec. 22 during a call to discuss third quarter results for the 2016 fiscal year.

Tags: big project orders drop

 

Steelcase Inc. (SCS) to Issue Dividend Increase - $0.11 Per Share

2015-12-23 16:27:39| Furniture - Topix.net

Steelcase Inc. declared a quarterly dividend on Tuesday, December 22nd, Market Beat Ratings reports. Shareholders of record on Thursday, January 7th will be given a dividend of 0.1125 per share on Friday, January 15th.

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Steelcase, Knoll Shares Hammered Following Disappointing Q3 Results, Q4 Outlook

2015-12-23 08:02:44| Furniture - Topix.net

Two names in the Office Furniture group were under heavy pressure Tuesday afternoon as Steelcase Inc. , one of the big players in that sector, offered some concerning results after Monday's close. Steelcase shares were trading down about 23 percent on Tuesday.

Tags: results shares outlook q4

 

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