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Schnitzer Steel sees improved performance across all business units in third quarter
2015-06-30 21:19:25| Steel - Topix.net
Schnitzer Steel Industries Inc. , headquartered in Portland, Oregon, has reported financial results for its fiscal 2015 third quarter ended May 31, 2015. The company says its third quarter results reflect benefits from the cost reduction and productivity initiatives it announced in early April, leading to improved sequential operating performance across all of its business units.
Tags: business
performance
third
units
Schnitzer Steel swings to loss as revenue slides
2015-06-30 17:14:35| Steel - Topix.net
The company has struggled recently with steep declines in ferrous-metals prices. But it has been restructuring--idling two of its eight automotive shredders and a handful of feeder yards, as well closing seven of its underperforming auto-parts businesses--which has helped the company cut costs.
Tags: loss
steel
revenue
slides
Schnitzer Steel Earnings Preview: Time to Move On From the Steel Industry
2015-06-26 13:37:12| Steel - Topix.net
The metals and mining industry was one of the worst-performing groups in the entire market in 2014, losing more than 14%, according to Fidelity . There were hopes of a "Cinderella rebound" in 2015.
Tags: time
industry
move
steel
Analysts Anticipate Schnitzer Steel Industries to Announce
2015-06-05 17:49:38| Steel - Topix.net
Shares of Schnitzer Steel Industries have earned an average broker rating score of 3.28 from the six brokers that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong sell recommendation, two have assigned a sell recommendation, two have issued a hold recommendation and one has given a strong buy recommendation to the company.
Tags: steel
industries
announce
analysts
Schnitzer Steel Industries, Inc. to Issue $0.19 Quarterly Dividend
2015-04-29 21:31:07| Steel - Topix.net
Schnitzer Steel Industries declared a quarterly dividend on Wednesday, April 29th, ARN reports. Shareholders of record on Monday, May 11th will be paid a dividend of 0.1875 per share on Tuesday, May 26th.
Tags: issue
steel
industries
quarterly
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