Latest Lydian Intl Ltd (LYDIF) Headlines
Lydian International Announces Start Date for New Chief Executive Officer
Marketwire - Tue Feb 18, 1:08PM CST
Lydian International Ltd. (TSX: LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, announces that the previously announced appointment of Howard H.J. Stevenson as the Company's new President and Chief Executive Officer will be effective as of February 24, 2014. Mr. Stevenson, who will also become a director of the Company upon taking up his role as President and Chief Executive Officer, will succeed Dr. Timothy Coughlin, who will retire from these positions and continue to serve as a director of the Company in a non-executive capacity.
Lydian International Announces Resignation of Director
Marketwire - Fri Jan 31, 2:33PM CST
Lydian International Ltd. (TSX: LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, today announced that Marc Henderson has resigned as a director of the Company, effective today. The board of directors of the Company thanks Mr. Henderson for his contribution to the Company.
IIROC Trade Resumption / L'OCRCVM permet la reprise de la négociation - Lydian International Limited, LYD and Dynacor Gold Mines Inc., DNG
Marketwire Canada - Wed Jan 29, 7:28AM CST
Trading resumes in / Reprise des negociations pour :
IIROC Trade Resumption - Lydian International Limited
Newsfile Corp - Wed Jan 29, 7:23AM CST
Trading resumes in:
IIROC Trade Halt - Lydian International Limited
Newsfile Corp - Tue Jan 28, 2:17PM CST
The following issues have been halted by IIROC:
IIROC Trading Halt / Suspension de la négociation par l'OCRCVM - Lydian International Ltd., LYD (all issues)
Marketwire Canada - Tue Jan 28, 2:17PM CST
The following issues have been halted by IIROC / L'OCRCVM a suspendu la negociation des titres suivants :
Lydian Announces Selection of Successor President and CEO
Marketwire - Mon Jan 27, 8:06AM CST
Lydian International Ltd. (TSX: LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, announced today that its Board of Directors has selected Howard H.J. Stevenson to be the Company's President and Chief Executive Officer, effective as of April 1, 2014. Mr. Stevenson, who will also become a director of the Company upon taking up his role as President and Chief Executive Officer, will succeed Dr. Timothy Coughlin, who will retire from these positions and continue to serve as a director of the Company in a non-executive capacity.
2014 Worldwide Spectator Sports Industry Report Focuses on 61 Countries
M2 - Tue Jan 14, 10:03AM CST
Research and Markets (http://www.researchandmarkets.com/research/g5q4j6/2014_worldwide) has announced the addition of the "2014 Worldwide Spectator Sports Industry-Industry & Market Report" report to their offering. The 2014 Worldwide Spectator Sports Industry-Industry & Market Report, published annually , contains timely and accurate industry statistics, forecasts and demographics. NEW for 2014! 14 more countries included and the proprietary 2014 Worldwide Economic Forecast executive summary. The report features 2014 current and 2015 forecast estimates on the size of the industry (sales, establishments, employment) for the 61 largest world countries, such as Japan, China, India, Russia, Canada, Mexico, Brazil, Argentina, UK, France, Germany, Italy and U.S.. The report also includes industry definition, 5-year historical trends on industry sales, establishments and employment and estimates on up to 10 sub-industries, including stadium event operator services, sports clubs managers and promoters, and manager of individual professional athletes. The Industry & Market reports are an essential part of any GAP analysis, benchmarking project, SWOT analysis, business plan, risk analysis, or growth-share matrix. Key Countries Covered: -Algeria -Argentina -Australia -Austria -Bangladesh -Belgium -Brazil -Canada -Chile -China -Colombia -Czech Rep -Denmark -Egypt -Finland -France -Germany -Greece -Hong Kong -Hungary -India -Indonesia -Iran -Iraq -Ireland -Israel -Italy -Japan -Kazakhstan -Kuwait -Malaysia -Mexico -Netherlands -New Zealand -Nigeria -Norway -Pakistan -Peru -Phillipines -Poland -Portugal -Puerto Rico -Qatar -Romania -Russia -Saudi Arabia -Singapore -South Africa -South Korea -Spain -Sweden -Switzerland -Taiwan -Thailand -Turkey -Ukraine -United Arad Emirates (UAE) -United Kingdom -United States -Venezuela -Vietnam For more information visit http://www.researchandmarkets.com/research/g5..._worldwide About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Lydian Announces Geology Update for Amulsar Gold Project
Marketwire - Mon Dec 23, 10:33AM CST
Lydian International Ltd. (TSX: LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, today announces a geology update for the Amulsar gold project in Armenia.
Bills Delaying NFIP Rate Increases Falter in Congress
Jeff Jeffrey - AMBest - Wed Dec 18, 3:50PM CST
The U.S. House and Senate have balked at legislation that would have delayed rate increases set to go into effect in January under a 2012 law designed to reform the National Flood Insurance Program.
10-K: QUANEX BUILDING PRODUCTS CORP
Edgar Online - Wed Dec 18, 3:50PM CST
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations. The following discussion and analysis contains forward-looking statements based on our current assumptions, expectations, estimates and projections about our business and the homebuilding industry, and therefore, it should be read in conjunction with our consolidated financial statements and related notes thereto, as well as "Cautionary Note Regarding Forward-Looking Statements" discussed elsewhere within this Annual Report on Form 10-K. For a listing of potential risks and uncertainties which impact our business and industry, see Item 1A, "Risk Factors." Actual results could differ from our expectations due to several factors which include, but are not limited to: market price and demand for our products, economic and competitive conditions, capital expenditures, new technology, regulatory changes and other uncertainties. Unless otherwise required by law, we undertake no obligation to publicly update any forward-looking statements, even if new information becomes available or other events occur in the future. Our Business We are a technological leader in the home building products market, and we operate in two segments: Engineered Products and Aluminum Sheet Products. The Engineered Products segment manufactures systems, finished products, and components serving the original equipment manufacturer (OEM) residential window and door industry, while the Aluminum Sheet Products segment produces mill finished and coated aluminum sheet serving the broader residential building products and transportation markets. We serve a primary customer base in North America, and also serve customers in international markets through our operating plants in the United Kingdom and Germany, as well as through sales and marketing efforts in other countries. We have four operating divisions which comprise the Engineered Products business segment, and one operating division which comprises the Aluminum Sheet Products business segment. Other costs, including corporate office expense, certain shared administrative functions, last-in first-out (LIFO) inventory valuation adjustments and inter-segment eliminations are categorized as Corporate & Other costs. The accounting policies of our business segments are the same as those used to prepare our accompanying consolidated financial statements. For each of our two business segments, we believe the primary drivers of our operating results are residential remodeling and replacement (R&R) activity and new home construction. We believe that housing starts and window shipments are indicators of activity levels in the home building industry, and we use this data, as published by or derived from third-party sources, to evaluate the market. In general, the rate of housing starts has increased over the past two years after a dramatic decline from 2007 through 2011 resulting from a general recession and a mortgage crisis in the United States. The recovery in the housing market has been relatively slow and growth in new home construction in the United States has been led by multi-family homes for which window to floor ratios are lower compared to mid- and higher priced homes. The current growth in single-family homes has seen the share of the large track builders increase and the smaller custom builders decrease. Multi-family and track homes typically employ lower cost, less energy efficient building materials than the vinyl window profiles and insulating glass spacers that we manufacture. Due to these circumstances, a greater portion of our business has shifted to the R&R market, which has experienced slower growth than the new construction market. The trailing 12-month window shipment results for the year ended October 31, 2013 derived from published reports by Ducker Worldwide, a consulting and research firm, indicates that volume has increased by only 3.6% for R&R window shipments on a year-over-year basis, compared to 24.2% for new construction, resulting in a combined window shipment growth rate of 10.8%. Our Aluminum Sheet Products business segment is a commodity driven business that depends to a large extent on fluctuations in aluminum prices on the London Metals Exchange (LME), as well as fluctuations in the premium paid to ship product to and from our casting plant in Davenport, Iowa. The price of aluminum impacts our cost of raw material as well as the price we can demand for our products. Historically, aluminum prices have fluctuated due to various macro-economic factors which impact global supply and demand. LME prices have experienced a general decline in recent years. Our business is impacted by seasonality. We historically experience lower sales during the first half of our fiscal year as winter weather reduces homebuilding and home improvement activity. Market Overview and Outlook Despite record highs in the United States stock market in 2013, the general United States economy has experienced slower than expected growth, although the housing industry has begun to rebound more quickly. New home construction and the level of R&R activities grew throughout 2013 and are expected to continue to grow into 2014. Although this growth is encouraging, the number of housing starts fluctuates between months, and R&R growth continues to lag the rate of recovery in new home construction. The National Association of Home Builders (NAHB) currently predicts that annual housing starts in the United States will rise to 1.2 million over the next two years. According to the United States Census Bureau and NAHB data, the number of actual housing starts has increased approximately 26% based on published data available when comparing our fiscal 2013 to
Lydian Files 2013 Q3 Financial Statements and Restated Q2 Financial Statements
Marketwire - Thu Nov 14, 4:37PM CST
Lydian International Ltd. (TSX: LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, today announced that it has filed its unaudited consolidated interim financial statements and related management's discussion and analysis ("MD&A") for the three and nine months ended September 30, 2013. These financial statements show a cash balance as at September 30, 2013 of U.S. $18,060,420. Since this date, the Company has made its final pre-production payment to Newmont Overseas Exploration Limited of U.S. $5 million plus interest of U.S. $408,219. The Company also filed amended and restated its unaudited consolidated interim financial statements and related MD&A for the three and six month periods ended June 30, 2013.
Lydian Announces CEO Transition Plan
Marketwire - Wed Oct 30, 12:02PM CDT
Lydian International Ltd. (TSX: LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, announces that Dr. Tim Coughlin will step down as the Company's President and Chief Executive Officer on December 31, 2013, or when his successor is appointed. Following his transition from his role as President and Chief Executive Officer, Dr. Coughlin will continue to serve as a director of the Company in a non-executive capacity. Dr. Coughlin's decision is being announced at this time so the board of directors has the benefit of a healthy transition period, and can openly use that time for a thorough search for its next CEO. As part of its leadership transition plan, the Company's board of directors has now initiated a search for a new Chief Executive Officer.
Lydian International Ltd's Soaring Share Price Leads this Week's Ubika Gold 50 Index Report
Newsfile Corp - Mon Oct 28, 9:31AM CDT
full story)
Lydian International Announces Start Date for New Chief Executive Officer
Marketwire - Tue Feb 18, 1:08PM CST
Lydian International Ltd. (TSX: LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, announces that the previously announced appointment of Howard H.J. Stevenson as the Company's new President and Chief Executive Officer will be effective as of February 24, 2014. Mr. Stevenson, who will also become a director of the Company upon taking up his role as President and Chief Executive Officer, will succeed Dr. Timothy Coughlin, who will retire from these positions and continue to serve as a director of the Company in a non-executive capacity.
Lydian International Announces Resignation of Director
Marketwire - Fri Jan 31, 2:33PM CST
Lydian International Ltd. (TSX: LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, today announced that Marc Henderson has resigned as a director of the Company, effective today. The board of directors of the Company thanks Mr. Henderson for his contribution to the Company.
IIROC Trade Resumption / L'OCRCVM permet la reprise de la négociation - Lydian International Limited, LYD and Dynacor Gold Mines Inc., DNG
Marketwire Canada - Wed Jan 29, 7:28AM CST
Trading resumes in / Reprise des negociations pour :
IIROC Trade Resumption - Lydian International Limited
Newsfile Corp - Wed Jan 29, 7:23AM CST
Trading resumes in:
IIROC Trade Halt - Lydian International Limited
Newsfile Corp - Tue Jan 28, 2:17PM CST
The following issues have been halted by IIROC:
IIROC Trading Halt / Suspension de la négociation par l'OCRCVM - Lydian International Ltd., LYD (all issues)
Marketwire Canada - Tue Jan 28, 2:17PM CST
The following issues have been halted by IIROC / L'OCRCVM a suspendu la negociation des titres suivants :
Lydian Announces Selection of Successor President and CEO
Marketwire - Mon Jan 27, 8:06AM CST
Lydian International Ltd. (TSX: LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, announced today that its Board of Directors has selected Howard H.J. Stevenson to be the Company's President and Chief Executive Officer, effective as of April 1, 2014. Mr. Stevenson, who will also become a director of the Company upon taking up his role as President and Chief Executive Officer, will succeed Dr. Timothy Coughlin, who will retire from these positions and continue to serve as a director of the Company in a non-executive capacity.
2014 Worldwide Spectator Sports Industry Report Focuses on 61 Countries
M2 - Tue Jan 14, 10:03AM CST
Research and Markets (http://www.researchandmarkets.com/research/g5q4j6/2014_worldwide) has announced the addition of the "2014 Worldwide Spectator Sports Industry-Industry & Market Report" report to their offering. The 2014 Worldwide Spectator Sports Industry-Industry & Market Report, published annually , contains timely and accurate industry statistics, forecasts and demographics. NEW for 2014! 14 more countries included and the proprietary 2014 Worldwide Economic Forecast executive summary. The report features 2014 current and 2015 forecast estimates on the size of the industry (sales, establishments, employment) for the 61 largest world countries, such as Japan, China, India, Russia, Canada, Mexico, Brazil, Argentina, UK, France, Germany, Italy and U.S.. The report also includes industry definition, 5-year historical trends on industry sales, establishments and employment and estimates on up to 10 sub-industries, including stadium event operator services, sports clubs managers and promoters, and manager of individual professional athletes. The Industry & Market reports are an essential part of any GAP analysis, benchmarking project, SWOT analysis, business plan, risk analysis, or growth-share matrix. Key Countries Covered: -Algeria -Argentina -Australia -Austria -Bangladesh -Belgium -Brazil -Canada -Chile -China -Colombia -Czech Rep -Denmark -Egypt -Finland -France -Germany -Greece -Hong Kong -Hungary -India -Indonesia -Iran -Iraq -Ireland -Israel -Italy -Japan -Kazakhstan -Kuwait -Malaysia -Mexico -Netherlands -New Zealand -Nigeria -Norway -Pakistan -Peru -Phillipines -Poland -Portugal -Puerto Rico -Qatar -Romania -Russia -Saudi Arabia -Singapore -South Africa -South Korea -Spain -Sweden -Switzerland -Taiwan -Thailand -Turkey -Ukraine -United Arad Emirates (UAE) -United Kingdom -United States -Venezuela -Vietnam For more information visit http://www.researchandmarkets.com/research/g5..._worldwide About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Lydian Announces Geology Update for Amulsar Gold Project
Marketwire - Mon Dec 23, 10:33AM CST
Lydian International Ltd. (TSX: LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, today announces a geology update for the Amulsar gold project in Armenia.
Bills Delaying NFIP Rate Increases Falter in Congress
Jeff Jeffrey - AMBest - Wed Dec 18, 3:50PM CST
The U.S. House and Senate have balked at legislation that would have delayed rate increases set to go into effect in January under a 2012 law designed to reform the National Flood Insurance Program.
10-K: QUANEX BUILDING PRODUCTS CORP
Edgar Online - Wed Dec 18, 3:50PM CST
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations. The following discussion and analysis contains forward-looking statements based on our current assumptions, expectations, estimates and projections about our business and the homebuilding industry, and therefore, it should be read in conjunction with our consolidated financial statements and related notes thereto, as well as "Cautionary Note Regarding Forward-Looking Statements" discussed elsewhere within this Annual Report on Form 10-K. For a listing of potential risks and uncertainties which impact our business and industry, see Item 1A, "Risk Factors." Actual results could differ from our expectations due to several factors which include, but are not limited to: market price and demand for our products, economic and competitive conditions, capital expenditures, new technology, regulatory changes and other uncertainties. Unless otherwise required by law, we undertake no obligation to publicly update any forward-looking statements, even if new information becomes available or other events occur in the future. Our Business We are a technological leader in the home building products market, and we operate in two segments: Engineered Products and Aluminum Sheet Products. The Engineered Products segment manufactures systems, finished products, and components serving the original equipment manufacturer (OEM) residential window and door industry, while the Aluminum Sheet Products segment produces mill finished and coated aluminum sheet serving the broader residential building products and transportation markets. We serve a primary customer base in North America, and also serve customers in international markets through our operating plants in the United Kingdom and Germany, as well as through sales and marketing efforts in other countries. We have four operating divisions which comprise the Engineered Products business segment, and one operating division which comprises the Aluminum Sheet Products business segment. Other costs, including corporate office expense, certain shared administrative functions, last-in first-out (LIFO) inventory valuation adjustments and inter-segment eliminations are categorized as Corporate & Other costs. The accounting policies of our business segments are the same as those used to prepare our accompanying consolidated financial statements. For each of our two business segments, we believe the primary drivers of our operating results are residential remodeling and replacement (R&R) activity and new home construction. We believe that housing starts and window shipments are indicators of activity levels in the home building industry, and we use this data, as published by or derived from third-party sources, to evaluate the market. In general, the rate of housing starts has increased over the past two years after a dramatic decline from 2007 through 2011 resulting from a general recession and a mortgage crisis in the United States. The recovery in the housing market has been relatively slow and growth in new home construction in the United States has been led by multi-family homes for which window to floor ratios are lower compared to mid- and higher priced homes. The current growth in single-family homes has seen the share of the large track builders increase and the smaller custom builders decrease. Multi-family and track homes typically employ lower cost, less energy efficient building materials than the vinyl window profiles and insulating glass spacers that we manufacture. Due to these circumstances, a greater portion of our business has shifted to the R&R market, which has experienced slower growth than the new construction market. The trailing 12-month window shipment results for the year ended October 31, 2013 derived from published reports by Ducker Worldwide, a consulting and research firm, indicates that volume has increased by only 3.6% for R&R window shipments on a year-over-year basis, compared to 24.2% for new construction, resulting in a combined window shipment growth rate of 10.8%. Our Aluminum Sheet Products business segment is a commodity driven business that depends to a large extent on fluctuations in aluminum prices on the London Metals Exchange (LME), as well as fluctuations in the premium paid to ship product to and from our casting plant in Davenport, Iowa. The price of aluminum impacts our cost of raw material as well as the price we can demand for our products. Historically, aluminum prices have fluctuated due to various macro-economic factors which impact global supply and demand. LME prices have experienced a general decline in recent years. Our business is impacted by seasonality. We historically experience lower sales during the first half of our fiscal year as winter weather reduces homebuilding and home improvement activity. Market Overview and Outlook Despite record highs in the United States stock market in 2013, the general United States economy has experienced slower than expected growth, although the housing industry has begun to rebound more quickly. New home construction and the level of R&R activities grew throughout 2013 and are expected to continue to grow into 2014. Although this growth is encouraging, the number of housing starts fluctuates between months, and R&R growth continues to lag the rate of recovery in new home construction. The National Association of Home Builders (NAHB) currently predicts that annual housing starts in the United States will rise to 1.2 million over the next two years. According to the United States Census Bureau and NAHB data, the number of actual housing starts has increased approximately 26% based on published data available when comparing our fiscal 2013 to
Lydian Files 2013 Q3 Financial Statements and Restated Q2 Financial Statements
Marketwire - Thu Nov 14, 4:37PM CST
Lydian International Ltd. (TSX: LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, today announced that it has filed its unaudited consolidated interim financial statements and related management's discussion and analysis ("MD&A") for the three and nine months ended September 30, 2013. These financial statements show a cash balance as at September 30, 2013 of U.S. $18,060,420. Since this date, the Company has made its final pre-production payment to Newmont Overseas Exploration Limited of U.S. $5 million plus interest of U.S. $408,219. The Company also filed amended and restated its unaudited consolidated interim financial statements and related MD&A for the three and six month periods ended June 30, 2013.
Lydian Announces CEO Transition Plan
Marketwire - Wed Oct 30, 12:02PM CDT
Lydian International Ltd. (TSX: LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, announces that Dr. Tim Coughlin will step down as the Company's President and Chief Executive Officer on December 31, 2013, or when his successor is appointed. Following his transition from his role as President and Chief Executive Officer, Dr. Coughlin will continue to serve as a director of the Company in a non-executive capacity. Dr. Coughlin's decision is being announced at this time so the board of directors has the benefit of a healthy transition period, and can openly use that time for a thorough search for its next CEO. As part of its leadership transition plan, the Company's board of directors has now initiated a search for a new Chief Executive Officer.
Lydian International Ltd's Soaring Share Price Leads this Week's Ubika Gold 50 Index Report
Newsfile Corp - Mon Oct 28, 9:31AM CDT
full story)
