WOR News 36.92 Worthington Industries (WOR)
Post# of 273310
Posted On: 04/20/2014 11:12:01 PM
Worthington Industries (WOR) 36.92 $WOR
Metals & Mining Equities Technical Updates -- Research on Paramount Gold and Silver, Constellium, Allegheny Technologies, and Worthington Industries
PR Newswire - Tue Apr 15, 11:59AM CDT
On Monday, April 14, 2014, the NASDAQ Composite ended at 4,022.69, up 0.57%, the Dow Jones Industrial Average finished 0.91% higher at 16,173.24, and the S&P 500 closed at 1,830.61, up 0.82%. The gains were broad based as all the ten sectors finished on a higher note. The S&P 500 Materials Sector Index finished the day at 292.60, up 0.75%, and the same has advanced 1.55% in last three months. Investor-Edge has initiated coverage on the following equities: Paramount Gold and Silver Corp. (NYSE MKT: PZG), Constellium N.V. (NYSE: CSTM), Allegheny Technologies Inc. (NYSE: ATI) and Worthington Industries Inc. (NYSE: WOR). Free technical research on PZG, CSTM, ATI and WOR can be downloaded upon signing up at:
Worthington Names Vice President of Mergers & Acquisitions
Marketwire - Mon Apr 14, 3:30PM CDT
Worthington Industries, Inc. (NYSE: WOR) today announced that Joe Hayek has joined the Company as vice president of mergers & acquisitions (M&A) and corporate development, a newly created position focused on identifying and acquiring new businesses.
Worthington Industries Announces Pricing of $250 Million of Senior Notes
Marketwire - Thu Apr 10, 3:02PM CDT
Worthington Industries, Inc. (NYSE: WOR) today announced that it has priced its $250 million aggregate principal amount of senior notes due 2026. The senior notes will bear interest at a rate of 4.55%. The notes are being sold to the public at 99.789% of the principal amount thereof, to yield 4.573% to maturity. The Company intends to use the net proceeds from the offering to repay the outstanding borrowings under its revolving credit facility and to repay amounts outstanding under its revolving trade accounts receivable securitization facility. The remaining portion of the net proceeds will be added to working capital and used for general corporate purposes, which may include repayment of other indebtedness.
Worthington Industries Announces Intent to Offer $250 Million of Senior Notes
Marketwire - Thu Apr 10, 8:12AM CDT
Worthington Industries, Inc. (NYSE: WOR) announced today its intent to offer, subject to market and other conditions, $250 million aggregate principal amount of senior notes due 2026. The notes will be general senior unsecured obligations of the Company. The Company intends to use the net proceeds from the offering to repay the outstanding borrowings under its revolving credit facility and to repay amounts outstanding under its revolving trade accounts receivable securitization facility. The remaining portion of the net proceeds will be added to working capital and used for general corporate purposes, which may include repayment of other indebtedness.
Leadership Appointments, Annual Report Filings, Facility Expansions, Financial Results, and Acquisitions - Analyst Notes on ATI, Tenaris, Chart, Schnitzer, and Worthington
PR Newswire - Tue Apr 08, 7:00AM CDT
Today, Analysts Review released its analysts' notes regarding Allegheny Technologies Inc. (NYSE: ATI), Tenaris S.A. (NYSE: TS), Chart Industries Inc. (NASDAQ: GTLS), Schnitzer Steel Industries Inc. (NASDAQ: SCHN), and Worthington Industries, Inc. (NYSE: WOR). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
Will This Upgrade Help Worthington Industries (WOR) Today?
at The Street - Wed Apr 02, 8:25AM CDT
Worthington Industries (WOR) has been upgraded to "buy" from "hold" with a $46 price target, Keybanc said Wednesday. The firm said the stock has pulled back, but the long-term growth thesis remains intact.
Upgrade Alert for Worthington Industries (WOR)
Comtex SmarTrend(R) - Wed Apr 02, 7:06AM CDT
Worthington Industries (NYSE:WOR) was upgraded from Hold to Buy at Keybanc today. The stock closed yesterday at $39.03 on volume of 609,000 shares, above average daily volume of 385,000. In the past 52 weeks, Worthington Industries share prices have been bracketed by a low of $28.67 and a high of $48.58 and closed yesterday at $39.03, 36% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 0.8%.
Jury Verdicts, Dividend Authorizations, Price Movements, and Divestitures - Analyst Notes on Reliance Steel, Worthington, CLARCOR, Carpenter Technology, and Nuverra
PR Newswire - Tue Apr 01, 7:00AM CDT
Today, Analysts Review released its analysts' notes regarding Reliance Steel & Aluminum Co. (NYSE: RS), Worthington Industries, Inc. (NYSE: WOR), CLARCOR Inc. (NYSE: CLC), Carpenter Technology Corporation (NYSE: CRS), and Nuverra Environmental Solutions, Inc. (NYSE: NES). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
Worthington to Acquire Tank Production Facility - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 31, 5:50PM CDT
Worthington has entered into an agreement with Steffes Corporation to acquire its tank manufacturing division.
Worthington Sees Profits Rise From Strong Markets in Fiscal Third-Quarter 2014, Readies Sale of Construction Businesses, an Industrial Info News Alert
Marketwire - Mon Mar 31, 5:30AM CDT
Researched by Industrial Info Resources (Sugar Land, Texas) -- Diversified metals manufacturer Worthington Industries Incorporated (NYSE:WOR) (Columbus, Ohio) reported solid overall gains in the third quarter of the company's 2014 fiscal year, as improving markets and key acquisitions drove volume gains in the Steel Processing and Pressure Cylinders segments. Industrial Info is following progress at 22 operational plants owned by Worthington.
Worthington Industries to Acquire Bakken Oilfield Storage Tank Manufacturer
Marketwire - Fri Mar 28, 7:58AM CDT
Worthington Industries, Inc. (NYSE: WOR) today announced that it has reached an agreement to acquire the tank manufacturing division of Steffes Corporation. Steffes manufactures oilfield storage tanks for customers drilling in the Bakken shale and Williston Basin region out of a manufacturing facility located in Dickinson, N.D. The business generated $25 million in revenue in 2013. Terms of the deal were not disclosed.
Worthington's Q3 sales beat
at Investor's Business Daily - Thu Mar 27, 5:53PM CDT
The metal products maker's revenue rose 25% to $773.2 mil for the quarter ended Feb. 28, topping estimates for $760.7 mil. Worthington Industries (WOR) is benefiting from resurgent auto and construction industries. EPS rose to 57 cents, appearing to...
Verdict vs. Reliance Steel in Texas Antitrust Case - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 27, 5:40PM CDT
Texas-based jury has returned a verdict against Reliance Steel and other co-defendants in an antitrust lawsuit.
Universal Stainless Hikes Base Prices - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 27, 4:30PM CDT
Universal Stainless has raised the base prices by 5% on all premium melted grades for products.
Stock to Avoid: TriMas Corporation - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 27, 3:45PM CDT
Zacks Investment Research downgraded TriMas Corporation to a Zacks Rank #5 (Strong Sell) on Mar 27, 2014.
NYSE stocks posting largest percentage decreases
AP - Thu Mar 27, 12:44PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage decliners on New York Stock Exchange at 1 p.m.:
Worthington Forges Beat On Strong Auto, Housing Sales
at Investor's Business Daily - Thu Mar 27, 10:42AM CDT
Worthington Industries (WOR), a metal products maker that specializes in cryogenic containers, is benefiting from sales to resurgent auto and construction industries. Revenue grew 24.8% to $773.2 million for the fiscal Q3 ended Feb. 28, despite harsh...
Forbes Energy's Q4 Loss Narrower than Expected - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 27, 8:10AM CDT
Forbes Energy reported narrower loss per share compared with the Zacks Consensus Estimate in the fourth quarter of 2013.
Worthington Reports Third Quarter Fiscal 2014 Results
Marketwire - Thu Mar 27, 7:25AM CDT
Worthington Industries, Inc. (NYSE: WOR) today reported net sales of $773.2 million and net earnings of $40.6 million, or $0.57 per diluted share, for its fiscal 2014 third quarter ended February 28, 2014. In the third quarter of the prior year, the Company reported net sales of $619.5 million and net earnings of $37.1 million, or $0.52 per diluted share.
U.S. Steel Raises Voice Against Illegal Dumping - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 26, 5:20PM CDT
U.S. Steel together with fellow steel industry executives press Congress to stop unfair trade practices and enforce America's trade laws.
Metals & Mining Equities Technical Updates -- Research on Paramount Gold and Silver, Constellium, Allegheny Technologies, and Worthington Industries
PR Newswire - Tue Apr 15, 11:59AM CDT
On Monday, April 14, 2014, the NASDAQ Composite ended at 4,022.69, up 0.57%, the Dow Jones Industrial Average finished 0.91% higher at 16,173.24, and the S&P 500 closed at 1,830.61, up 0.82%. The gains were broad based as all the ten sectors finished on a higher note. The S&P 500 Materials Sector Index finished the day at 292.60, up 0.75%, and the same has advanced 1.55% in last three months. Investor-Edge has initiated coverage on the following equities: Paramount Gold and Silver Corp. (NYSE MKT: PZG), Constellium N.V. (NYSE: CSTM), Allegheny Technologies Inc. (NYSE: ATI) and Worthington Industries Inc. (NYSE: WOR). Free technical research on PZG, CSTM, ATI and WOR can be downloaded upon signing up at:
Worthington Names Vice President of Mergers & Acquisitions
Marketwire - Mon Apr 14, 3:30PM CDT
Worthington Industries, Inc. (NYSE: WOR) today announced that Joe Hayek has joined the Company as vice president of mergers & acquisitions (M&A) and corporate development, a newly created position focused on identifying and acquiring new businesses.
Worthington Industries Announces Pricing of $250 Million of Senior Notes
Marketwire - Thu Apr 10, 3:02PM CDT
Worthington Industries, Inc. (NYSE: WOR) today announced that it has priced its $250 million aggregate principal amount of senior notes due 2026. The senior notes will bear interest at a rate of 4.55%. The notes are being sold to the public at 99.789% of the principal amount thereof, to yield 4.573% to maturity. The Company intends to use the net proceeds from the offering to repay the outstanding borrowings under its revolving credit facility and to repay amounts outstanding under its revolving trade accounts receivable securitization facility. The remaining portion of the net proceeds will be added to working capital and used for general corporate purposes, which may include repayment of other indebtedness.
Worthington Industries Announces Intent to Offer $250 Million of Senior Notes
Marketwire - Thu Apr 10, 8:12AM CDT
Worthington Industries, Inc. (NYSE: WOR) announced today its intent to offer, subject to market and other conditions, $250 million aggregate principal amount of senior notes due 2026. The notes will be general senior unsecured obligations of the Company. The Company intends to use the net proceeds from the offering to repay the outstanding borrowings under its revolving credit facility and to repay amounts outstanding under its revolving trade accounts receivable securitization facility. The remaining portion of the net proceeds will be added to working capital and used for general corporate purposes, which may include repayment of other indebtedness.
Leadership Appointments, Annual Report Filings, Facility Expansions, Financial Results, and Acquisitions - Analyst Notes on ATI, Tenaris, Chart, Schnitzer, and Worthington
PR Newswire - Tue Apr 08, 7:00AM CDT
Today, Analysts Review released its analysts' notes regarding Allegheny Technologies Inc. (NYSE: ATI), Tenaris S.A. (NYSE: TS), Chart Industries Inc. (NASDAQ: GTLS), Schnitzer Steel Industries Inc. (NASDAQ: SCHN), and Worthington Industries, Inc. (NYSE: WOR). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
Will This Upgrade Help Worthington Industries (WOR) Today?
at The Street - Wed Apr 02, 8:25AM CDT
Worthington Industries (WOR) has been upgraded to "buy" from "hold" with a $46 price target, Keybanc said Wednesday. The firm said the stock has pulled back, but the long-term growth thesis remains intact.
Upgrade Alert for Worthington Industries (WOR)
Comtex SmarTrend(R) - Wed Apr 02, 7:06AM CDT
Worthington Industries (NYSE:WOR) was upgraded from Hold to Buy at Keybanc today. The stock closed yesterday at $39.03 on volume of 609,000 shares, above average daily volume of 385,000. In the past 52 weeks, Worthington Industries share prices have been bracketed by a low of $28.67 and a high of $48.58 and closed yesterday at $39.03, 36% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 0.8%.
Jury Verdicts, Dividend Authorizations, Price Movements, and Divestitures - Analyst Notes on Reliance Steel, Worthington, CLARCOR, Carpenter Technology, and Nuverra
PR Newswire - Tue Apr 01, 7:00AM CDT
Today, Analysts Review released its analysts' notes regarding Reliance Steel & Aluminum Co. (NYSE: RS), Worthington Industries, Inc. (NYSE: WOR), CLARCOR Inc. (NYSE: CLC), Carpenter Technology Corporation (NYSE: CRS), and Nuverra Environmental Solutions, Inc. (NYSE: NES). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
Worthington to Acquire Tank Production Facility - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 31, 5:50PM CDT
Worthington has entered into an agreement with Steffes Corporation to acquire its tank manufacturing division.
Worthington Sees Profits Rise From Strong Markets in Fiscal Third-Quarter 2014, Readies Sale of Construction Businesses, an Industrial Info News Alert
Marketwire - Mon Mar 31, 5:30AM CDT
Researched by Industrial Info Resources (Sugar Land, Texas) -- Diversified metals manufacturer Worthington Industries Incorporated (NYSE:WOR) (Columbus, Ohio) reported solid overall gains in the third quarter of the company's 2014 fiscal year, as improving markets and key acquisitions drove volume gains in the Steel Processing and Pressure Cylinders segments. Industrial Info is following progress at 22 operational plants owned by Worthington.
Worthington Industries to Acquire Bakken Oilfield Storage Tank Manufacturer
Marketwire - Fri Mar 28, 7:58AM CDT
Worthington Industries, Inc. (NYSE: WOR) today announced that it has reached an agreement to acquire the tank manufacturing division of Steffes Corporation. Steffes manufactures oilfield storage tanks for customers drilling in the Bakken shale and Williston Basin region out of a manufacturing facility located in Dickinson, N.D. The business generated $25 million in revenue in 2013. Terms of the deal were not disclosed.
Worthington's Q3 sales beat
at Investor's Business Daily - Thu Mar 27, 5:53PM CDT
The metal products maker's revenue rose 25% to $773.2 mil for the quarter ended Feb. 28, topping estimates for $760.7 mil. Worthington Industries (WOR) is benefiting from resurgent auto and construction industries. EPS rose to 57 cents, appearing to...
Verdict vs. Reliance Steel in Texas Antitrust Case - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 27, 5:40PM CDT
Texas-based jury has returned a verdict against Reliance Steel and other co-defendants in an antitrust lawsuit.
Universal Stainless Hikes Base Prices - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 27, 4:30PM CDT
Universal Stainless has raised the base prices by 5% on all premium melted grades for products.
Stock to Avoid: TriMas Corporation - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 27, 3:45PM CDT
Zacks Investment Research downgraded TriMas Corporation to a Zacks Rank #5 (Strong Sell) on Mar 27, 2014.
NYSE stocks posting largest percentage decreases
AP - Thu Mar 27, 12:44PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage decliners on New York Stock Exchange at 1 p.m.:
Worthington Forges Beat On Strong Auto, Housing Sales
at Investor's Business Daily - Thu Mar 27, 10:42AM CDT
Worthington Industries (WOR), a metal products maker that specializes in cryogenic containers, is benefiting from sales to resurgent auto and construction industries. Revenue grew 24.8% to $773.2 million for the fiscal Q3 ended Feb. 28, despite harsh...
Forbes Energy's Q4 Loss Narrower than Expected - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 27, 8:10AM CDT
Forbes Energy reported narrower loss per share compared with the Zacks Consensus Estimate in the fourth quarter of 2013.
Worthington Reports Third Quarter Fiscal 2014 Results
Marketwire - Thu Mar 27, 7:25AM CDT
Worthington Industries, Inc. (NYSE: WOR) today reported net sales of $773.2 million and net earnings of $40.6 million, or $0.57 per diluted share, for its fiscal 2014 third quarter ended February 28, 2014. In the third quarter of the prior year, the Company reported net sales of $619.5 million and net earnings of $37.1 million, or $0.52 per diluted share.
U.S. Steel Raises Voice Against Illegal Dumping - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 26, 5:20PM CDT
U.S. Steel together with fellow steel industry executives press Congress to stop unfair trade practices and enforce America's trade laws.
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