Continental Materials Corp (CUO) 18.38 $CUO
Continental Materials Corporation Reports Audited 2013 Results
Marketwire - Tue Apr 01, 5:59PM CDT
Continental Materials Corporation (NYSE MKT: CUO) today reported a net loss of $859,000, 52 cents per share for the 2013 fiscal year on sales of $121,541,000. For the 2012 fiscal year, the Company reported net income from continuing operations of $3,408,000, $2.08 per share on sales of $113,228,000. Income from continuing operations before income taxes in 2012 included a $9,452,000 gain from the settlement of the lawsuit related to the disputed insurance claim involving the Company's Pikeview Quarry. Excluding this gain, the loss from continuing operations before income taxes in 2012 was $4,327,000. The results for 2013 include charges of $726,000 pertaining to Williams EcoLogix, Inc. (WEI). This subsidiary was established for the purpose of serving as the exclusive North American distributor of a product being developed by a third party. The performance of the product in a series of laboratory tests was not satisfactory. The owner of the technology and intellectual property ceased further development in 2013. The results for 2012 include $429,000 of expenses related to WEI. The Company anticipates that there will be no further expenses related to WEI.
Alston Energy Inc. announces sale of Alexander Assets
CNW Group - Thu Feb 20, 3:18PM CST
Alston Energy Inc. ("Alston" or the "Company"
announces today that, further to its previous press releases and pursuant to the sales process it had initiated as part of the process to which it is subject pursuant to the Companies' Creditors' Arrangement Act (Canada) ("CCAA" , it has entered into an agreement (the "PSA" to sell all of its oil and gas assets in the Alexander area of Alberta (the "Alexander Assets" to a private Alberta company. The closing of the acquisition of the Alexander Assets pursuant to the PSA is subject to various conditions, including the approval of the Court of Queen's Bench of Alberta under the CCAA process. The effective date of the acquisition will be January 1, 2014.
Continental Materials: Could Be Deep Value As Construction Recovers
at The Street - Mon Nov 25, 1:40PM CST
Continental Materials Corporation (NYSEMKT:CUO) produces and sells heating, ventilation, air conditioning and construction products. The company also offers such services as heating, cooling evaporat...
Continental Materials Corporation Reports Unaudited Fiscal Third Quarter Results
Marketwire - Wed Nov 13, 3:10PM CST
Continental Materials Corporation (NYSE MKT: CUO) today reported a net loss of $242,000 for the third quarter ended September 28, 2013 or 15 cents per diluted share compared to the net loss of $191,000 or 11 cents per diluted share for the third quarter ended September 29, 2012.
Continental Materials Corporation Reports Unaudited Second Quarter Results
Marketwire - Wed Aug 14, 3:58PM CDT
Continental Materials Corporation (NYSE MKT: CUO) today reported net income of $187,000, or 11 cents per share for the second quarter ended June 29, 2013 compared to a net loss of $511,000 or 32 cents per share for the second quarter ended June 30, 2012.
Ready-Mix Concrete Manufacturing Industry's Revenue for 2012 was Reported at $20.0 billion USD
M2 - Thu Jun 06, 12:14PM CDT
Research and Markets (http://www.researchandmarkets.com/research/8w5svp/readymix) has announced the addition of Supplier Relations US, LLC's updated report "Ready-Mix Concrete Manufacturing Industry in the U.S. and its International Trade [2013 Q2 Edition]" to their offering. This 2013 report's 163 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 March 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. The industry's revenue for the year 2012 was reported at $20.0 billion USD, with an estimated gr
Continental Materials Corporation Reports the Resumption of Production at the Pikeview Quarry
Marketwire - Tue May 21, 1:00PM CDT
Continental Materials Corporation (NYSE MKT: CUO) today reported that its subsidiary, Castle Concrete Company, ("Castle" has resumed production at its Pikeview Quarry (the "Quarry" located in the far northwest section of Colorado Springs. The Quarry had been closed since a landslide that occurred in December 2008. The Quarry is being operated under the terms of a new mining permit that was issued by the Colorado Division of Reclamation, Mining and Safety. Castle produces crushed limestone at the Quarry that is used in the production of ready-mix concrete, asphalt and for other construction applications. Over the years materials from the Quarry have been used in the construction of many facilities, structures and buildings throughout El Paso County including the Air Force Academy, the Colorado Springs Airport and Fort Carson. Castle's existing mining permit allows for production through the year 2020. Castle estimates that the remaining limestone reserves are sufficient to allow for full production even be
Continental Materials Corporation Reports Unaudited First Quarter Results
Marketwire - Wed May 15, 3:35PM CDT
Continental Materials Corporation (NYSE MKT: CUO) today reported a net loss of $803,000 or 49 cents per diluted share for its first quarter ended March 30, 2013 compared to a net loss of $1,053,000 or 64 cents per diluted share for the same period in 2012.
2013 Report on the $20.5 Billion US Ready-Mix Concrete Manufacturing Industry
M2 - Fri Feb 15, 6:52AM CST
Research and Markets (http://www.researchandmarkets.com/research/3gk2m9/readymix) has announced the addition of Supplier Relations US, LLC's new report "Ready-Mix Concrete Manufacturing Industry in the U.S. and its International Trade [2013 Edition]" to their offering. The Ready-Mix Concrete Manufacturing Industry report contains the most recent data and analysis on the industry's key financial data, cost and pricing, competitive landscape, industry structure. Also updated are the latest trade, shipment, and inventory data available through January 2013. This update provides the data necessary to make informed forecasts and business planning after the recent seasonal changes in output. This 164-page report includes the most recent information on the domestic market, global market and overseas growth opportunities. This report provides the most current data available, such as shipments, inventory and trade data available through January 2013, and sophisticated forecasts up to 2017 accounting for the affect
Continental Materials Corporation Reports Settlement of Pikeview Litigation
Marketwire - Mon Dec 17, 3:30PM CST
Continental Materials Corporation (NYSE MKT: CUO) today reported that on December 13, 2012 Continental Materials Corporation ("the Company" and its subsidiary, Castle Concrete Company ("Castle" , reached a settlement of a lawsuit filed by the Company against its insurance carrier in November, 2010. The suit was related to a business interruption and property damage claim resulting from a landslide at its Pikeview Quarry in December 2008. The Company will receive approximately $9,450,000 after paying contingent compensation to its outside legal counsel. The Company had not previously recorded in its financial statements any receivable pertaining to this matter. The Company estimates that the state and federal income taxes attributable to these settlement proceeds will be $3,200,000.
Continental Materials Corporation Reports Audited 2013 Results
Marketwire - Tue Apr 01, 5:59PM CDT
Continental Materials Corporation (NYSE MKT: CUO) today reported a net loss of $859,000, 52 cents per share for the 2013 fiscal year on sales of $121,541,000. For the 2012 fiscal year, the Company reported net income from continuing operations of $3,408,000, $2.08 per share on sales of $113,228,000. Income from continuing operations before income taxes in 2012 included a $9,452,000 gain from the settlement of the lawsuit related to the disputed insurance claim involving the Company's Pikeview Quarry. Excluding this gain, the loss from continuing operations before income taxes in 2012 was $4,327,000. The results for 2013 include charges of $726,000 pertaining to Williams EcoLogix, Inc. (WEI). This subsidiary was established for the purpose of serving as the exclusive North American distributor of a product being developed by a third party. The performance of the product in a series of laboratory tests was not satisfactory. The owner of the technology and intellectual property ceased further development in 2013. The results for 2012 include $429,000 of expenses related to WEI. The Company anticipates that there will be no further expenses related to WEI.
Alston Energy Inc. announces sale of Alexander Assets
CNW Group - Thu Feb 20, 3:18PM CST
Alston Energy Inc. ("Alston" or the "Company"
announces today that, further to its previous press releases and pursuant to the sales process it had initiated as part of the process to which it is subject pursuant to the Companies' Creditors' Arrangement Act (Canada) ("CCAA" , it has entered into an agreement (the "PSA" to sell all of its oil and gas assets in the Alexander area of Alberta (the "Alexander Assets" to a private Alberta company. The closing of the acquisition of the Alexander Assets pursuant to the PSA is subject to various conditions, including the approval of the Court of Queen's Bench of Alberta under the CCAA process. The effective date of the acquisition will be January 1, 2014. Continental Materials: Could Be Deep Value As Construction Recovers
at The Street - Mon Nov 25, 1:40PM CST
Continental Materials Corporation (NYSEMKT:CUO) produces and sells heating, ventilation, air conditioning and construction products. The company also offers such services as heating, cooling evaporat...
Continental Materials Corporation Reports Unaudited Fiscal Third Quarter Results
Marketwire - Wed Nov 13, 3:10PM CST
Continental Materials Corporation (NYSE MKT: CUO) today reported a net loss of $242,000 for the third quarter ended September 28, 2013 or 15 cents per diluted share compared to the net loss of $191,000 or 11 cents per diluted share for the third quarter ended September 29, 2012.
Continental Materials Corporation Reports Unaudited Second Quarter Results
Marketwire - Wed Aug 14, 3:58PM CDT
Continental Materials Corporation (NYSE MKT: CUO) today reported net income of $187,000, or 11 cents per share for the second quarter ended June 29, 2013 compared to a net loss of $511,000 or 32 cents per share for the second quarter ended June 30, 2012.
Ready-Mix Concrete Manufacturing Industry's Revenue for 2012 was Reported at $20.0 billion USD
M2 - Thu Jun 06, 12:14PM CDT
Research and Markets (http://www.researchandmarkets.com/research/8w5svp/readymix) has announced the addition of Supplier Relations US, LLC's updated report "Ready-Mix Concrete Manufacturing Industry in the U.S. and its International Trade [2013 Q2 Edition]" to their offering. This 2013 report's 163 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 March 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. The industry's revenue for the year 2012 was reported at $20.0 billion USD, with an estimated gr
Continental Materials Corporation Reports the Resumption of Production at the Pikeview Quarry
Marketwire - Tue May 21, 1:00PM CDT
Continental Materials Corporation (NYSE MKT: CUO) today reported that its subsidiary, Castle Concrete Company, ("Castle"
has resumed production at its Pikeview Quarry (the "Quarry" located in the far northwest section of Colorado Springs. The Quarry had been closed since a landslide that occurred in December 2008. The Quarry is being operated under the terms of a new mining permit that was issued by the Colorado Division of Reclamation, Mining and Safety. Castle produces crushed limestone at the Quarry that is used in the production of ready-mix concrete, asphalt and for other construction applications. Over the years materials from the Quarry have been used in the construction of many facilities, structures and buildings throughout El Paso County including the Air Force Academy, the Colorado Springs Airport and Fort Carson. Castle's existing mining permit allows for production through the year 2020. Castle estimates that the remaining limestone reserves are sufficient to allow for full production even be Continental Materials Corporation Reports Unaudited First Quarter Results
Marketwire - Wed May 15, 3:35PM CDT
Continental Materials Corporation (NYSE MKT: CUO) today reported a net loss of $803,000 or 49 cents per diluted share for its first quarter ended March 30, 2013 compared to a net loss of $1,053,000 or 64 cents per diluted share for the same period in 2012.
2013 Report on the $20.5 Billion US Ready-Mix Concrete Manufacturing Industry
M2 - Fri Feb 15, 6:52AM CST
Research and Markets (http://www.researchandmarkets.com/research/3gk2m9/readymix) has announced the addition of Supplier Relations US, LLC's new report "Ready-Mix Concrete Manufacturing Industry in the U.S. and its International Trade [2013 Edition]" to their offering. The Ready-Mix Concrete Manufacturing Industry report contains the most recent data and analysis on the industry's key financial data, cost and pricing, competitive landscape, industry structure. Also updated are the latest trade, shipment, and inventory data available through January 2013. This update provides the data necessary to make informed forecasts and business planning after the recent seasonal changes in output. This 164-page report includes the most recent information on the domestic market, global market and overseas growth opportunities. This report provides the most current data available, such as shipments, inventory and trade data available through January 2013, and sophisticated forecasts up to 2017 accounting for the affect
Continental Materials Corporation Reports Settlement of Pikeview Litigation
Marketwire - Mon Dec 17, 3:30PM CST
Continental Materials Corporation (NYSE MKT: CUO) today reported that on December 13, 2012 Continental Materials Corporation ("the Company"
and its subsidiary, Castle Concrete Company ("Castle" , reached a settlement of a lawsuit filed by the Company against its insurance carrier in November, 2010. The suit was related to a business interruption and property damage claim resulting from a landslide at its Pikeview Quarry in December 2008. The Company will receive approximately $9,450,000 after paying contingent compensation to its outside legal counsel. The Company had not previously recorded in its financial statements any receivable pertaining to this matter. The Company estimates that the state and federal income taxes attributable to these settlement proceeds will be $3,200,000. 
