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Latest Steelcase Inc (SCS) Headlines

Steelcase Demonstrates Commitment to Renewable Energy by Announcing Investments Equivalent to 100% of Company's Global Electricity Use
GlobeNewswire - Thu Mar 13, 11:06AM CDT
Steelcase Inc. (NYSE:SCS), the global leader in the office furniture industry, has announced the company's renewable energy investment is equivalent to 100% of its global electricity consumption. This long-term commitment makes Steelcase the 15 largest 100% renewable energy purchaser in the United States according to the U.S. EPA's Green Power Partnership. It reflects the company's larger energy strategy which has, to date, resulted in a 60% reduction in energy use since the company began tracking its consumption in 2001.

Downgrade Alert for Steelcase (SCS)
Comtex SmarTrend(R) - Thu Mar 13, 7:01AM CDT
Steelcase (NYSE:SCS) was downgraded from Buy to Neutral at Longbow today. The stock closed yesterday at $14.77 on volume of 501,000 shares, below average daily volume of 506,000. There is potential upside of 24.4% for shares of Steelcase based on a current price of $14.77 and an average consensus analyst price target of $18.38. The stock should run into initial resistance at its 50-day moving average (MA) of $14.89 and subsequent resistance at its 200-day MA of $15.24.

Steelcase Inc. Named One of "World's Most Admired Companies" by Fortune
GlobeNewswire - Mon Mar 03, 9:30AM CST
Fortune magazine has recognized Steelcase Inc. (NYSE:SCS) as one of its 2014 "World's Most Admired Companies" in the Home Equipment and Furnishings industry sector. This year, Steelcase is joined by notable companies including Whirlpool, Tupperware Brands and Stanley Black & Decker, among others.

Steelcase Inc. to Webcast Presentation at Raymond James Investor Conference and Fourth Quarter Conference Call
GlobeNewswire - Wed Feb 26, 12:00PM CST
Steelcase Inc. (NYSE:SCS) announces that David Sylvester, Senior Vice President, Chief Financial Officer and Raj Mehan, Director, Investor Relations and Assistant Treasurer, will be presenting at the Raymond James Institutional Investors Conference on Wednesday, March 5. 2014. The presentation is scheduled for approximately 11:35 a.m. ET and will be webcast. Links to the webcast and presentation slides will be available at http://ir.steelcase.com.

10-Q: STEELCASE INC
Edgar Online - Fri Dec 20, 11:04AM CST
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations:

NYSE stocks posting largest percentage increases
AP - Thu Dec 19, 12:45PM CST
NEW YORK (AP) — A look at the 10 biggest percentage gainers on New York Stock Exchange at 1 p.m.:

STEELCASE
at Investor's Business Daily - Wed Dec 18, 5:40PM CST
STEELCASE (SCS), an office furniture maker, said Q3 EPS grew 38% to 29 cents, beating estimates by 3 cents. Revenue rose 8% to $784.8 mil vs. views for $766 mil. Shares rose 4.4% to 16.29.

Steelcase Reports Third Quarter Results
GlobeNewswire - Wed Dec 18, 3:01PM CST
Steelcase Inc. (NYSE:SCS) today reported third quarter revenue of $784.8 million and net income of $23.0 million, or $0.18 per share, including restructuring costs of approximately $0.01 per share. Current quarter results included goodwill and intangible asset impairment charges related to Asia Pacific, which had the effect of reducing earnings by approximately $12.9 million, or $0.10 per share. Steelcase reported $727.2 million of revenue and earnings of $0.19 per share in the third quarter of the prior year, including restructuring costs of approximately $0.03 per share.

Steelcase Inc. to Webcast Third Quarter Conference Call
GlobeNewswire - Tue Nov 26, 3:06PM CST
Steelcase Inc. (NYSE:SCS) will webcast a discussion of its third quarter fiscal year 2014 financial results on Thursday, December 19, 2013 at 11:00 a.m. ET. Links to the webcast will be available at http://ir.steelcase.com and a replay of the webcast will be available shortly after the call concludes.

Steelcase Announces James Keane as Next Chief Executive Officer
GlobeNewswire - Thu Oct 10, 7:55AM CDT
Steelcase Inc. (NYSE:SCS), the global leader in the office furniture industry, today announces the appointment of James P. Keane to Chief Executive Officer. Keane will officially succeed long-time CEO James P. Hackett in March 2014 at the beginning of the company's next fiscal year.

Steelcase 2Q profit drops 6 pct, hurt by Europe
AP - Wed Sep 18, 6:43PM CDT
GRAND RAPIDS, Mich. (AP) — Steelcase Inc. said Wednesday that it second-quarter net income fell 6 percent as the office furniture maker was dragged down by restructuring costs and weakness in Europe.

Steelcase Reports Second Quarter Results
GlobeNewswire - Wed Sep 18, 3:01PM CDT
Steelcase Inc. (NYSE:SCS) today reported second quarter revenue of $757.6 million and net income of $27.6 million, or $0.22 per share, including restructuring costs of approximately $0.02 per share. Earnings per share were consistent with company expectations despite revenue falling short in EMEA and Asia Pacific. Steelcase reported $744.9 million of revenue and earnings of $0.23 per share in the second quarter of the prior year, including restructuring costs of approximately $0.02 per share.

The Key to Growth for Herman Miller Earnings
Dan Caplinger, The Motley Fool - Motley Fool - Tue Sep 17, 5:35PM CDT
Herman Miller will release its quarterly report on Wednesday, but investors haven't been too sure of the company's likely future direction. The stock has done well so far this year, but has come off its recent highs, and Herman Miller earnings are...

Stocks Rise; Adobe, Alliance Fiber Jump After Hours
at Investor's Business Daily - Tue Sep 17, 4:02PM CDT
Stocks rose in weak volume Tuesday in the last full day of trading before a long-awaited Federal Reserve policy statement. The Nasdaq rose 0.7%, the S&P 500 added 0.4% and the Dow Jones industrial average edged up 0.2%. Volume fell 3% on the Nasdaq...

Why Steelcase Earnings Could Use a Much-Needed Boost
Dan Caplinger, The Motley Fool - Motley Fool - Mon Sep 16, 4:45PM CDT
Steelcase will release its quarterly report on Wednesday. Investors have been reasonably satisfied with the performance of its stock recently, but growth in earnings has been hard to come by. Could an improving economy finally give the company...

Ford names Steelcase, Lilly executives to board
AP - Wed Sep 11, 2:33PM CDT
DEARBORN, Mich. (AP) — Ford Motor Co. said Wednesday that it has elected James P. Hackett and John C. Lechleiter to its board of directors.

Ford Names James P. Hackett and John C. Lechleiter to Board of Directors
PR Newswire - Wed Sep 11, 1:00PM CDT
Ford Motor Company (NYSE: F) announced today the election of James P. Hackett and John C. Lechleiter to the company's board of directors. Hackett's appointment is effective immediately, while Lechleiter will join the board Oct. 1.

Will These Underloved Stocks Plump Your Portfolio?
AnnaLisa Kraft, The Motley Fool - Motley Fool - Tue Sep 10, 7:53PM CDT
Banking on a recovery in business doesn't seem to have worked out for investors in office furniture companies lately. But  some small to mid-cap companies sporting dividends can still make money for investors long term by fading their exposure to...

Steelcase Inc. to Webcast Second Quarter Conference Call
GlobeNewswire - Thu Aug 29, 7:21AM CDT
Steelcase Inc. (NYSE:SCS) will webcast a discussion of its second quarter fiscal year 2014 financial results on Thursday, September 19, 2013 at 11:00 a.m. ET. Links to the webcast will be available at http://ir.steelcase.com and a replay of the webcast will be available shortly after the call concludes.

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