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Latest Valmont Industries (VMI) Headlines

Valmont's board approves dividend of USD0.25 per share for quarter
M2 - Tue Mar 11, 6:59AM CDT
The board of directors of US-based designer and manufacturer of poles, towers and structures, Valmont Industries Inc (NYSE:VMI), authorised a quarterly dividend of USD0.25 per share, the company revealed on Monday.

Valmont Board Declares Quarterly Dividend
PR Newswire - Mon Mar 10, 10:30PM CDT
The Board of Directors of Valmont Industries, Inc. (NYSE: VMI) has declared a quarterly dividend of 25.0 cents per share payable on April 15, 2014 to shareholders of record on March 28, 2014. The dividend indicates an annual rate of $1.00 per share.

Balanced Risk-Reward for Valmont - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 10, 5:00PM CDT
We have issued an updated research report on steel pipe and tube company Valmont Industries.

Earnings Flashback: Since Reporting Quarterly Results 2 Weeks Ago Valmont Industries Is Down 4.3% (VMI)
Comtex SmarTrend(R) - Mon Mar 10, 7:06AM CDT
Two weeks ago on February 20th, 2014 Valmont Industries (NYSE:VMI) reported earnings and analysts, on average, expected earnings of $2.66 on sales of $843.4 million. Valmont Industries actually reported earnings of $2.66 per share on sales of $827.9 million, beating EPS estimates by $0.00 and missing revenue estimates by $15.6 million. Since the company's report, shares of Valmont Industries have fallen from $155.46 to $148.70, representing a loss of 4.3% in the past 18 days.

Insider Trading Alert - VMI, CATM And MGM Traded By Insiders
at The Street - Thu Mar 06, 2:00PM CST
Stocks with insider trader activity include VMI, CATM and MGM

Valmont Acquires DS SM A/S - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 04, 4:35PM CST
Valmont has acquired privately-held DS SM A/S.

Valmont Announces Acquisition of a Leading Northern European Manufacturer of Engineered Steel Products
PR Newswire - Mon Mar 03, 5:30PM CST
Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure and mechanized irrigation equipment for agriculture, announced today that it has acquired privately-held DS SM A/S, a market leader in Northern Europe for the manufacture of heavy complex steel structures for a diverse range of industries including wind energy, offshore oil and gas, and electricity transmission. The Company, which will be renamed Valmont SM A/S, and will be reported in Valmont's Engineered Infrastructures Products Segment, has annual sales of approximately $190 million and operates two manufacturing locations in Denmark. The enterprise was valued at DKK 800 million (approximately $148 million) and DS SM's operating characteristics are similar to Valmont's other businesses within the Engineered Infrastructure Products Segment. Valmont expects the acquisition to be accretive to 2014 earnings.

Valmont Appoints New CFO - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Feb 27, 2:20PM CST
Valmont Industries, Inc. has announced the appointment of Mark C. Jaksich as its new Vice President and Chief Financial Officer (CFO).

Global Pre-Harvest Market Estimated Reach Revenue of $55,696.6 Million by 2018 Says Recent Report
M2 - Thu Feb 27, 8:15AM CST
Research and Markets (http://www.researchandmarkets.com/research/v2z48j/preharvest) has announced the addition of the "Pre-Harvest Market by Types and Geography - Trends & Forecasts To 2018" report to their offering. Globally, the pre-harvest agri-equipment industry is witnessing steady growth on account of the growing population, increasing demand for food, growth in farm mechanization level and acceptance by the farmers to use the farm mechanization techniques and implements. Agricultural equipment has proven advantageous in terms of increased yield and also the quality of crop produced. Increasing profitability due to the use of farm equipment is leading to increased rate of adoption by the farmers. Advancements are made to manufacture environment friendly agricultural equipment at a cheaper cost and customized according to the region and crop. These positive attributes of agriculture equipment are viewed as excellent business opportunity in a steadily growing agricultural equipment market. The global market for pre-harvest agri equipment was $40,118.2 million in 2012 and is expected to reach $55,696.6 million by 2018, growing at a CAGR of 5.7% from 2013 to 2018. On a global scale, Asia-Pacific region is the fastest growing market growing at the estimated CAGR of 6.3% during the forecast period. The consumption growth is particularly high in countries such as China, India and Thailand because of increased consumption of agricultural food due to the increase in the world population and growth in the agriculture machinery industry. Companies Mentioned: - AGCO Corp - Alamo Group Incorporated - Bucher Industries Ag - CNH Global - DEERE & Company - Daedong Industrial Co Ltd - Escorts Group - Exel Industries - Foton Lovol International Heavy Industries Ltd - Horsch Maschinen Gmbh - Iseki &Company Ltd - Kubota Tractor Corporation - Kukje Machinery Corporation Ltd - Mahindra & Mahindra Ltd - Netafim Ltd - Rain Bird Corporation - The Toro Company - Tractors &Farm Equipments Ltd (TAFE) - Valmont Industries Inc - Yanmar Company Ltd For more information visit http://www.researchandmarkets.com/research/v2z48j/preharvest 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.

Mark C. Jaksich Appointed Valmont's Chief Financial Officer
PR Newswire - Wed Feb 26, 8:15AM CST
Valmont Industries, Inc. (NYSE: VMI), a leading global manufacturer of engineered products for infrastructure, mechanized irrigation equipment for agriculture, and a provider of coating services, announced today that Mark C. Jaksich has been appointed Valmont's Executive Vice President and Chief Financial Officer. Mr. Jaksich will succeed Terry J. McClain as Valmont's CFO.

Opus Group announces signing of vehicle inspection contract in Colorado
M2 - Wed Feb 26, 5:05AM CST
Opus Group AB (STO:OPUS.ST) announced today that Envirotest Systems Corp (Envirotest) has signed an exclusive contract with the Colorado Department of Public Health and Environment to continue operating the centralised vehicle inspection program for the state of Colorado.

Valmont Industries (VMI) Showing Signs Of Being A Roof Leaker
at The Street - Tue Feb 25, 11:20AM CST
Trade-Ideas LLC identified Valmont Industries (VMI) as a "roof leaker" (crossing below the 200-day simple moving average on higher than normal relative volume) candidate

Micro Irrigation System Market by Type & Application - Global Trends & Forecast to 2018
M2 - Tue Feb 25, 3:07AM CST
Research and Markets (http://www.researchandmarkets.com/research/bgtg4r/micro_irrigation) has announced the addition of the "Micro Irrigation System Market by Type & Application - Global Trends & Forecast to 2018" report to their offering. The micro irrigation systems market has grown significantly in the last decade, and this growth is expected to continue. Factors such as increasing demand for agricultural products, growing concerns about depleting ground water-levels as well as rising cost of pesticides and fertilizers are driving the demand for micro irrigation systems. Local government subsidies for such systems as well as low cost of operations in emerging economies are creating better conditions for micro irrigation system manufacturers to undertake expansion strategies. R&D activities are carried out across all regions, especially in North America, to develop efficient low-maintenance irrigation systems. High degree of portability, low maintenance costs and optimized performance are becoming new trends in the micro irrigation system industry. The micro irrigation systems market was valued at $1,650 million in 2012 and is projected to reach $4,213.4 million by 2018, with an impressive CAGR of 17.5%. The trend in micro irrigation system industry is shifting towards adopting the latest efficient technologies to save maintenance and operational costs. This has caused maximum product innovations in 2013.The leading market players are Deere & Company (US), Netafim (Israel) and Valmont Industries (US). The size of the micro irrigation systems market was derived by using forecasting methods based on the segments that make up the entire market, such as, types, applications, market players and the trade between various geographical regions. The biggest market players were acknowledged through secondary research and their market revenue was determined through both primary and secondary research. It includes the study of the annual reports of the top market players and interviews with key opinion leaders such as CEOs, directors, and marketing personnel. Key Topics Covered 1 Introduction 2 Executive Summary 3 Premium Insights 4 Market Analysis 5 Market Overview 6 Micro Irrigation System Market, By Type 7 Micro Irrigation System Market, By Crop Type 8 Micro Irrigation System Market, By Geography 9 Micro Irrigation System Market, By Application 10 Mechanized Irrigation Systems: Central Pivot & Lateral Move 11 Competitive Landscape 12 Company Profile Companies Mentioned - Deere & Company - Epc Industries - Jain Irrigation Systems - Lindsay - Nelson Irrigation - Netafim - Rain Bird - T-L Irrigation - The Toro - Valmont Industries For more information visit http://www.researchandmarkets.com/research/bg...irrigation 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.

Valmont Beats on Earnings, Falls on Lower Profit - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Feb 24, 9:30AM CST
Valmont Industries posted earnings of $2.04 per share in the fourth quarter of 2013, down 16% from $2.43 in the year-ago quarter.

Valmont (VMI) Falls: Stock Goes Down 6.1% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Mon Feb 24, 7:50AM CST
Valmont saw a big move last session, as the company’s shares fell by over 6% on the day

NYSE stocks posting largest percentage decreases
AP - Fri Feb 21, 5:06PM CST
NEW YORK (AP) — A look at the 10 biggest percentage decliners on New York Stock Exchange at the close of trading:

Valmont Industries Set to Possibly Rebound After Yesterday's Selloff of 6.12%
Comtex SmarTrend(R) - Fri Feb 21, 4:22PM CST
Valmont Industries (NYSE:VMI) traded in a range yesterday that spanned from a low of $144.75 to a high of $148.87. Yesterday, the shares fell 6.1%, which took the trading range below the 3-day low of $150.10 on volume of 1.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Valmont Announces Fourth Quarter and Fiscal Year 2013 Results
PR Newswire - Thu Feb 20, 4:30PM CST
Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure and mechanized irrigation equipment for agriculture, reported fourth quarter sales of $827.9 million compared with $815.0 million for the same period of 2012. Fourth quarter 2013 operating income was $100.7 million versus $111.7 million in 2012 and included $12.2 million of a non-cash fixed asset impairment charge at Delta EMD. Fourth quarter diluted earnings per share were $2.04 compared with $2.43 in 2012. Included in fourth quarter earnings per share is an additional non-cash after-tax loss in the amount of $12.0 million or $0.45 cents per share resulting from the deconsolidation of Delta EMD and Valmont's proportionate share of the after-tax Delta EMD fixed asset impairment in the amount of $4.6 million, or $0.17 per diluted share.

Valmont Industries, Inc. Fourth Quarter 2013 Earnings Conference Call
PR Newswire - Thu Feb 13, 10:05PM CST
Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure and mechanized irrigation equipment for agriculture, will hold its Fourth Quarter Earnings Conference Call on Friday, February 21, 2014 beginning at 8:00 a.m. CST.

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