Latest Castle [A.M.] & Co. (CAS) Headlines
A. M. Castle & Co. Reports Fourth Quarter And Full Year 2013 Results
PR Newswire - Tue Feb 25, 8:44AM CST
A. M. Castle & Co. (NYSE: CAS) ("the Company"), a global distributor of specialty metal and plastic products, value-added services and supply chain solutions, today reported financial results for the fourth quarter and full year ended December 31, 2013.
Canadian Forex Review: C$ Drops Below 90 Cents US
Commodity News Service Canada - Commodity News Service Canada, Inc. - Fri Feb 21, 3:45PM CST
The Canadian dollar moved lower, dropping below the 90 cents US mark on Friday amidst disappointing Canadian retail sales data, analysts said.
Critical Alerts For Tesla Motors, Linn Energy, Adobe Systems, 21st Century Fox, and Voxeljet Released By InvestorsObserver
PR Newswire - Wed Feb 19, 8:31AM CST
InvestorsObserver issues critical PriceWatch Alerts for TSLA, LINE, ADBE, FOXA, and VJET.
A. M. Castle & Co. Announces Date for Fourth Quarter and Full Year 2013 Earnings Release Tuesday, February 25, 2014
PR Newswire - Tue Feb 18, 7:39PM CST
A. M. Castle & Co. (NYSE: CAS), a global distributor of specialty metal and plastic products, value-added services and supply chain solutions, announced today that it will release fourth quarter and full year results for the period ended December 31, 2013 on Tuesday, February 25, 2014.
A. M. Castle & Co. Increases Bank Revolver By $25 Million - Supports Purchase Of Senior Secured Notes
PR Newswire - Wed Jan 22, 7:08PM CST
A. M. Castle & Co. (NYSE: CAS) ("the Company"), a global distributor of specialty metal and plastic products, value-added services and supply chain solutions, announced today that it has increased its revolving credit facility from $100 million to $125 million. The increased facility size is currently supported by the Company's borrowing base, and is fully available to the Company to borrow against, less customary reserves. The Company maintains the ability to exercise an additional $25 million under the revolver's accordion feature in the future. The expansion of the credit facility does not impact any other terms or conditions within the credit facility, and the Company is currently in compliance with all financial covenants. The $25 million commitment comes from existing lenders under the Company's credit facility. As of December 31, 2013, the Company did not have any outstanding borrowings on the revolving credit facility and had $31 million of cash balances.
Cheniere Energy Partners Declares Quarterly Distributions
PR Newswire - Wed Jan 22, 3:30PM CST
Cheniere Energy Partners, L.P. (NYSE MKT: CQP) today declared (i) a cash distribution per common unit of $0.425 ($1.70 annualized) to unitholders of record as of February 3, 2014, and (ii) the related distribution to its general partner. All of these distributions are payable on February 14, 2014.
Industries & Department of Transportation Agree Prevention Is Key to Improving Rail Safety
PR Newswire - Thu Jan 16, 4:28PM CST
API President and CEO Jack Gerard made the following statement after meeting today with Secretary of Transportation Anthony Foxx, federal regulators, and representatives from the railroad industry to discuss ways to improve the safety of transporting crude oil by rail.
4 Stocks Spiking on Big Volume
at The Street - Tue Dec 24, 6:00AM CST
Unusual volume can signal that hedge funds and momentum traders are piling into a stock ahead of a catalyst.
Downtrend Call Working As AM Castle Stock Falls 15.6% (CAS)
Comtex SmarTrend(R) - Thu Dec 19, 4:54PM CST
SmarTrend identified a Downtrend for AM Castle (NYSE:CAS) on February 26th, 2013 at $15.81. In approximately 10 months, AM Castle has returned 15.56% as of today's recent price of $13.35.
AM Castle Has Returned 15.5% Since SmarTrend Recommendation (CAS)
Comtex SmarTrend(R) - Thu Dec 12, 11:02AM CST
SmarTrend identified a Downtrend for AM Castle (NYSE:CAS) on February 26th, 2013 at $15.81. In approximately 10 months, AM Castle has returned 15.50% as of today's recent price of $13.36.
4 Stocks Spiking on Unusual Volume
at The Street - Tue Nov 05, 8:14AM CST
Zacks #5 Rank Additions for Wednesday - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Oct 30, 8:30AM CDT
Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List for Wednesday
A. M. Castle & Co. Reports 2013 Third Quarter Results
PR Newswire - Tue Oct 29, 7:30AM CDT
A. M. Castle & Co. (NYSE: CAS) ("the Company"), a global distributor of specialty metal and plastic products, value-added services and supply chain solutions, today reported financial results for the third quarter ended September 30, 2013.
A. M. Castle & Co. Announces Date for Third Quarter 2013 Earnings Release Tuesday, October 29, 2013
PR Newswire - Tue Oct 22, 1:34PM CDT
A. M. Castle & Co. (NYSE: CAS), a global distributor of specialty metal and plastic products, value-added services and supply chain solutions, announced today that it will release its 2013 third quarter financial results on Tuesday, October 29, 2013.
A. M. Castle Slips on Loss Prediction - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Oct 10, 7:20AM CDT
Shares of A. M. Castle fell after it predicted a loss for third-quarter 2013.
AM Castle forecasts 3rd-quarter loss
AP - Wed Oct 09, 11:20AM CDT
OAK BROOK, Ill. (AP) — Specialty metal and plastic products company A.M. Castle & Co. anticipates a third-quarter loss that is bigger than Wall Street expects.
A. M. Castle & Co. Announces Preliminary Results For The Third Quarter Ended September 30, 2013 And Announces Date For Earnings Release
PR Newswire - Tue Oct 08, 4:59PM CDT
A. M. Castle & Co. (NYSE: CAS) ("the Company"), a global distributor of specialty metal and plastic products, value-added services and supply chain solutions, today announced that it expects its third quarter 2013 financial performance to come in below second quarter 2013 adjusted results. Third quarter earnings are expected to be a net loss of approximately $0.28 to $0.32 per diluted share and EBITDA is expected to range between $4 million to $5 million. The Company anticipates that its third quarter adjusted net loss and adjusted EBITDA results will be comparable to these preliminary estimates. Please see reconciliation of non-GAAP measures in table below.
Iron and Steel Pipe and Tube Manufacturing from Purchased Steel Industry in the U.S. - 2013-2017
M2 - Tue Oct 08, 5:50AM CDT
Research and Markets (http://www.researchandmarkets.com/research/sdv874/iron_and_steel) has announced the addition of Supplier Relations US, LLC's updated report "Iron and Steel Pipe and Tube Manufacturing from Purchased Steel Industry in the U.S. and its International Trade [2013 Q3 Edition]" to their offering. This 2013 report's 172 pages and over 150 charts and tables cover the domestic market, global market and overseas growth opportunities. Find the latest data on shipments, inventory, international trade, and essential industry price indices available through June 2013. Relying on over a decade of historic data and sophisticated forecasting, the report projects industry trends through 2017. The report's broad scope includes topics from foreign trade to industry structure, while also diving into the details such as market sizes of products and players. Industry experts consistently subscribe to this quarterly-updated market research report. Revenue, Profitability & Foreign Trade Preview The industry's revenue for the year 2012 was reported at $13.8 billion USD, with an estimated gross profit of 29.49%. The industry used a projected 62 percent of its full production capacity in 2012. The industry could have increased its total shipment value to $22.2 billion USD under full production capacity. This industry did not have direct foreign trade statistics. The report nevertheless depicted relevant foreign trade data from a higher level NAICS industry or industry group. Companies Mentioned: - A.M. Castle & Co. - AK Steel Holding Corporation - Allegheny Technologies Incorporated - Commercial Metals Company - Dayton Superior Corp. - Evraz Inc. NA - Friedman Industries, Incorporated - Gerdau Ameristeel Corporation - Heartland Steel Products - L. B. Foster Company - Northwest Pipe Company - Nucor Corporation - Precision Castparts Corp. - Steel Dynamics, Inc. - Synalloy Corporation - TI Automotive - United States Steel Corporation - Webco Industries, Inc. For more information visit http://www.researchandmarkets.com/research/sd..._and_steel Source: Supplier Relations US, LLC 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.
A. M. Castle & Co. Announces Corporate Governance Actions
PR Newswire - Tue Aug 13, 5:39PM CDT
A. M. Castle & Co. (NYSE: CAS), a global distributor of specialty metal and plastic products, value-added services and supply chain solutions, announced today that its Board of Directors has unanimously agreed to extend the Company's Shareholder Rights Plan (the "Rights Plan"). The Rights Plan, which was initially adopted on August 31, 2012, and was set to expire on August 30, 2013, will now expire on August 30, 2014, unless the rights issued thereunder are earlier redeemed or the Rights Plan is amended by the Board of Directors. In addition, the Board of Directors has also elected to classify the Board into three separate classes, effective immediately.
A. M. Castle Beats Expectations But Takes A Step Back Anyway
Seth Jayson, The Motley Fool - Motley Fool - Wed Jul 31, 8:12PM CDT
A. M. Castle ( NYSE: CAS ) reported earnings on July 30. Here are the numbers you need to know. The 10-second takeaway For the quarter ended June 30 (Q2), A. M. Castle missed estimates on revenues and beat expectations on earnings...
A. M. Castle & Co. Reports Fourth Quarter And Full Year 2013 Results
PR Newswire - Tue Feb 25, 8:44AM CST
A. M. Castle & Co. (NYSE: CAS) ("the Company"), a global distributor of specialty metal and plastic products, value-added services and supply chain solutions, today reported financial results for the fourth quarter and full year ended December 31, 2013.
Canadian Forex Review: C$ Drops Below 90 Cents US
Commodity News Service Canada - Commodity News Service Canada, Inc. - Fri Feb 21, 3:45PM CST
The Canadian dollar moved lower, dropping below the 90 cents US mark on Friday amidst disappointing Canadian retail sales data, analysts said.
Critical Alerts For Tesla Motors, Linn Energy, Adobe Systems, 21st Century Fox, and Voxeljet Released By InvestorsObserver
PR Newswire - Wed Feb 19, 8:31AM CST
InvestorsObserver issues critical PriceWatch Alerts for TSLA, LINE, ADBE, FOXA, and VJET.
A. M. Castle & Co. Announces Date for Fourth Quarter and Full Year 2013 Earnings Release Tuesday, February 25, 2014
PR Newswire - Tue Feb 18, 7:39PM CST
A. M. Castle & Co. (NYSE: CAS), a global distributor of specialty metal and plastic products, value-added services and supply chain solutions, announced today that it will release fourth quarter and full year results for the period ended December 31, 2013 on Tuesday, February 25, 2014.
A. M. Castle & Co. Increases Bank Revolver By $25 Million - Supports Purchase Of Senior Secured Notes
PR Newswire - Wed Jan 22, 7:08PM CST
A. M. Castle & Co. (NYSE: CAS) ("the Company"), a global distributor of specialty metal and plastic products, value-added services and supply chain solutions, announced today that it has increased its revolving credit facility from $100 million to $125 million. The increased facility size is currently supported by the Company's borrowing base, and is fully available to the Company to borrow against, less customary reserves. The Company maintains the ability to exercise an additional $25 million under the revolver's accordion feature in the future. The expansion of the credit facility does not impact any other terms or conditions within the credit facility, and the Company is currently in compliance with all financial covenants. The $25 million commitment comes from existing lenders under the Company's credit facility. As of December 31, 2013, the Company did not have any outstanding borrowings on the revolving credit facility and had $31 million of cash balances.
Cheniere Energy Partners Declares Quarterly Distributions
PR Newswire - Wed Jan 22, 3:30PM CST
Cheniere Energy Partners, L.P. (NYSE MKT: CQP) today declared (i) a cash distribution per common unit of $0.425 ($1.70 annualized) to unitholders of record as of February 3, 2014, and (ii) the related distribution to its general partner. All of these distributions are payable on February 14, 2014.
Industries & Department of Transportation Agree Prevention Is Key to Improving Rail Safety
PR Newswire - Thu Jan 16, 4:28PM CST
API President and CEO Jack Gerard made the following statement after meeting today with Secretary of Transportation Anthony Foxx, federal regulators, and representatives from the railroad industry to discuss ways to improve the safety of transporting crude oil by rail.
4 Stocks Spiking on Big Volume
at The Street - Tue Dec 24, 6:00AM CST
Unusual volume can signal that hedge funds and momentum traders are piling into a stock ahead of a catalyst.
Downtrend Call Working As AM Castle Stock Falls 15.6% (CAS)
Comtex SmarTrend(R) - Thu Dec 19, 4:54PM CST
SmarTrend identified a Downtrend for AM Castle (NYSE:CAS) on February 26th, 2013 at $15.81. In approximately 10 months, AM Castle has returned 15.56% as of today's recent price of $13.35.
AM Castle Has Returned 15.5% Since SmarTrend Recommendation (CAS)
Comtex SmarTrend(R) - Thu Dec 12, 11:02AM CST
SmarTrend identified a Downtrend for AM Castle (NYSE:CAS) on February 26th, 2013 at $15.81. In approximately 10 months, AM Castle has returned 15.50% as of today's recent price of $13.36.
4 Stocks Spiking on Unusual Volume
at The Street - Tue Nov 05, 8:14AM CST
Zacks #5 Rank Additions for Wednesday - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Oct 30, 8:30AM CDT
Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List for Wednesday
A. M. Castle & Co. Reports 2013 Third Quarter Results
PR Newswire - Tue Oct 29, 7:30AM CDT
A. M. Castle & Co. (NYSE: CAS) ("the Company"), a global distributor of specialty metal and plastic products, value-added services and supply chain solutions, today reported financial results for the third quarter ended September 30, 2013.
A. M. Castle & Co. Announces Date for Third Quarter 2013 Earnings Release Tuesday, October 29, 2013
PR Newswire - Tue Oct 22, 1:34PM CDT
A. M. Castle & Co. (NYSE: CAS), a global distributor of specialty metal and plastic products, value-added services and supply chain solutions, announced today that it will release its 2013 third quarter financial results on Tuesday, October 29, 2013.
A. M. Castle Slips on Loss Prediction - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Oct 10, 7:20AM CDT
Shares of A. M. Castle fell after it predicted a loss for third-quarter 2013.
AM Castle forecasts 3rd-quarter loss
AP - Wed Oct 09, 11:20AM CDT
OAK BROOK, Ill. (AP) — Specialty metal and plastic products company A.M. Castle & Co. anticipates a third-quarter loss that is bigger than Wall Street expects.
A. M. Castle & Co. Announces Preliminary Results For The Third Quarter Ended September 30, 2013 And Announces Date For Earnings Release
PR Newswire - Tue Oct 08, 4:59PM CDT
A. M. Castle & Co. (NYSE: CAS) ("the Company"), a global distributor of specialty metal and plastic products, value-added services and supply chain solutions, today announced that it expects its third quarter 2013 financial performance to come in below second quarter 2013 adjusted results. Third quarter earnings are expected to be a net loss of approximately $0.28 to $0.32 per diluted share and EBITDA is expected to range between $4 million to $5 million. The Company anticipates that its third quarter adjusted net loss and adjusted EBITDA results will be comparable to these preliminary estimates. Please see reconciliation of non-GAAP measures in table below.
Iron and Steel Pipe and Tube Manufacturing from Purchased Steel Industry in the U.S. - 2013-2017
M2 - Tue Oct 08, 5:50AM CDT
Research and Markets (http://www.researchandmarkets.com/research/sdv874/iron_and_steel) has announced the addition of Supplier Relations US, LLC's updated report "Iron and Steel Pipe and Tube Manufacturing from Purchased Steel Industry in the U.S. and its International Trade [2013 Q3 Edition]" to their offering. This 2013 report's 172 pages and over 150 charts and tables cover the domestic market, global market and overseas growth opportunities. Find the latest data on shipments, inventory, international trade, and essential industry price indices available through June 2013. Relying on over a decade of historic data and sophisticated forecasting, the report projects industry trends through 2017. The report's broad scope includes topics from foreign trade to industry structure, while also diving into the details such as market sizes of products and players. Industry experts consistently subscribe to this quarterly-updated market research report. Revenue, Profitability & Foreign Trade Preview The industry's revenue for the year 2012 was reported at $13.8 billion USD, with an estimated gross profit of 29.49%. The industry used a projected 62 percent of its full production capacity in 2012. The industry could have increased its total shipment value to $22.2 billion USD under full production capacity. This industry did not have direct foreign trade statistics. The report nevertheless depicted relevant foreign trade data from a higher level NAICS industry or industry group. Companies Mentioned: - A.M. Castle & Co. - AK Steel Holding Corporation - Allegheny Technologies Incorporated - Commercial Metals Company - Dayton Superior Corp. - Evraz Inc. NA - Friedman Industries, Incorporated - Gerdau Ameristeel Corporation - Heartland Steel Products - L. B. Foster Company - Northwest Pipe Company - Nucor Corporation - Precision Castparts Corp. - Steel Dynamics, Inc. - Synalloy Corporation - TI Automotive - United States Steel Corporation - Webco Industries, Inc. For more information visit http://www.researchandmarkets.com/research/sd..._and_steel Source: Supplier Relations US, LLC 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.
A. M. Castle & Co. Announces Corporate Governance Actions
PR Newswire - Tue Aug 13, 5:39PM CDT
A. M. Castle & Co. (NYSE: CAS), a global distributor of specialty metal and plastic products, value-added services and supply chain solutions, announced today that its Board of Directors has unanimously agreed to extend the Company's Shareholder Rights Plan (the "Rights Plan"). The Rights Plan, which was initially adopted on August 31, 2012, and was set to expire on August 30, 2013, will now expire on August 30, 2014, unless the rights issued thereunder are earlier redeemed or the Rights Plan is amended by the Board of Directors. In addition, the Board of Directors has also elected to classify the Board into three separate classes, effective immediately.
A. M. Castle Beats Expectations But Takes A Step Back Anyway
Seth Jayson, The Motley Fool - Motley Fool - Wed Jul 31, 8:12PM CDT
A. M. Castle ( NYSE: CAS ) reported earnings on July 30. Here are the numbers you need to know. The 10-second takeaway For the quarter ended June 30 (Q2), A. M. Castle missed estimates on revenues and beat expectations on earnings...
