FSTR News Alert L.B. Foster Company (FSTR) 49.21 02/13/2015

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Feb 13, 2015 at 11:16 PM

L.B. Foster Company (FSTR) 49.21 $FSTR

Mechel Seals Potential Supplier Status for Deutsche Bahn - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Feb 12, 3:37PM CST
Mechel's (MTL) chief flat products manufacturer, Chelyabinsk Metallurgical Plant is the potential rail supplier to Germany's railway.
FSTR: 49.21 (+0.06), MTL: 1.48 (+0.14), CDE: 7.27 (+0.07)

Nucor (NUE) Cut to Strong Sell: Should You Dump It Now? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Feb 09, 2:27PM CST
Zacks Investment Research has downgraded Nucor (NUE) to a Zacks Rank #5 (Strong Sell) on Feb 6, 2015.
FSTR: 49.21 (+0.06), NUE: 48.90 (+0.55), NEM: 24.78 (+0.27)

AK Steel Reaches New Labor Deal for Mountain State Carbon - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Feb 06, 4:44PM CST
AK Steel Holding Corporation (AKS) announced that members of the United Steelworkers (USW) international union have ratified a new 4-year labor agreement, effective Mar 1, 2015.
FSTR: 49.21 (+0.06), AKS: 4.87 (+0.39), X: 26.36 (+1.12)

POSCO (PKX) Posts Weak 2014 Earnings, Revenues Up Y/Y - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Feb 06, 8:25AM CST
POSCO (PKX) reported disappointing results for 2014. Net earnings plummeted 58.9% year over year to KRW 557 billion (US$0.53 billion). Earnings came in at KRW 1,596 per share or US$1.52 per American Depository Receipt.
OSN: 0.70 (-0.08), FSTR: 49.21 (+0.06), PKX: 61.04 (+0.65)

Steel Dynamics Records Loss, Meets Q4 Earnings Estimates - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jan 30, 12:26PM CST
Steel Dynamics' (STLD) fourth quarter earnings are in line but revenues miss expectations.
STLD: 20.01 (+0.19), FSTR: 49.21 (+0.06), MTL: 1.48 (+0.14), RTI: 28.03 (+0.72)

U.S. Steel's (X) Q4 Earnings Top Estimates, Profit Slips - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jan 28, 7:25AM CST
U.S. Steel (X) beats earnings and revenues expectations in fourth-quarter 2014.
FSTR: 49.21 (+0.06), MTL: 1.48 (+0.14), RTI: 28.03 (+0.72), X: 26.36 (+1.12)

Nucor's (NUE) Q4 Profit Climbs, Earnings Fall Short - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jan 27, 11:39AM CST
Nucor's (NUE) fourth-quarter earnings and revenues miss expectations.
FSTR: 49.21 (+0.06), NUE: 48.90 (+0.55), MTL: 1.48 (+0.14), RTI: 28.03 (+0.72)

L.B. Foster: 3 Reasons To Buy
Doyle Publishing Ltd. - at Seeking Alpha - Thu Jan 22, 8:40AM CST

FSTR: 49.21 (+0.06)

L.B. Foster Boosts Inorganic Growth on TEW Engineering Buy - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jan 20, 4:39PM CST
Premium railroads manufacturing company L.B. Foster Co. (FSTR) has recently strengthened its automated and international solutions' trade with the acquisition of TEW Engineering Ltd.
FSTR: 49.21 (+0.06), MTL: 1.48 (+0.14), CCRN: 11.13 (-0.28)

ArcelorMittal Sells Kuzbass Mines to National Fuel Company - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jan 20, 3:20PM CST
ArcelorMittal (MT) announced that it has sold its interest in the Kuzbass coal mines in the Kemerovo region of Siberia, Russia, to National Fuel Company (NTK).
FSTR: 49.21 (+0.06), MTL: 1.48 (+0.14), MWA: 9.19 (+0.09), MT: 11.20 (+0.74)

Gerdua (GGB) to Repurchase 30M ADRs, Lifts Price Up - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jan 20, 3:16PM CST
Gerdau S.A. (GGB) announced a buyback program of approximately 30 million American Depositary Receipts (ADR). The news resulted in a 5.5% increase in the company's ADR price at the end of the trading session on Jan 19.
GGB: 3.59 (+0.09), FSTR: 49.21 (+0.06), MTL: 1.48 (+0.14), RTI: 28.03 (+0.72)

ArcelorMittal Invests EUR4.65M in Coil Production Facility - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jan 19, 5:15PM CST
ArcelorMittal (MT) announced that its unit ArcelorMittal Zenica is investing EUR4.65 million (around $5.4 million) to further expand its production facilities.
CMC: 15.40 (+0.37), FSTR: 49.21 (+0.06), MTL: 1.48 (+0.14), MT: 11.20 (+0.74)

L.B. Foster Announces Acquisition of TEW Engineering Ltd
GlobeNewswire - Mon Jan 19, 9:02AM CST
Pittsburgh, PA-based L.B. Foster Company (Nasdaq:FSTR) today announced the acquisition of TEW Engineering Ltd. of Nottingham, UK, a distinctive and vibrant Application Engineering Group that designs, manufactures and supports applications for rail markets and other major industries. The 100 year old firm specializes in rail engineering solutions for control room, passenger information and trackside signaling applications.
FSTR: 49.21 (+0.06)

Mechel Extends Maturity of Credit Bank of Moscow Loans - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jan 16, 12:40PM CST
Mechel OAO (MTL) announced that its enterprise, Mechel Service OOO, has inked an agreement with Credit Bank of Moscow to extend the maturity of its existing credit lines, totaling $105 million, till Feb 2016.
FSTR: 49.21 (+0.06), MTL: 1.48 (+0.14), RTI: 28.03 (+0.72), MWA: 9.19 (+0.09)

Mechel Increases Coal Supply to Baosteel to 1.4M Tons - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jan 15, 5:45PM CST
Steel and mining company, Mechel OAO (MTL) announced that it has signed a Memorandum of Understanding (MoU) with China's leading steel maker Baosteel Resources Corporation that provides for increased coal supply to the latter.
FSTR: 49.21 (+0.06), MTL: 1.48 (+0.14), RTI: 28.03 (+0.72), MWA: 9.19 (+0.09)

ArcelorMittal (MT) Issues EUR750 Million Notes Under EMTN - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jan 15, 5:25PM CST
ArcelorMittal (MT) has announced the issuance of EUR750 million ($882 million) notes.
GSS: 0.32 (unch), FSTR: 49.21 (+0.06), MTL: 1.48 (+0.14), MT: 11.20 (+0.74)

Worthington Industries (WOR) Snaps Up Rome Strip Steel - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jan 15, 10:20AM CST
Worthington Industries (WOR) has agreed to buy Rome Strip Steel for an undisclosed price.
CENX: 23.10 (-0.17), NOR: 3.51 (+0.01), FSTR: 49.21 (+0.06), WOR: 31.13 (+0.33)

Valmont Cuts FY14 Earnings View on Irrigation Weakness - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jan 13, 12:50PM CST
Valmont Industries (VMI) has reduced its earnings guidance for 2014 citing decreased demand for irrigation equipment in the fourth quarter.
FSTR: 49.21 (+0.06), VMI: 124.24 (+1.02), SYNL: 15.78 (+0.51), MWA: 9.19 (+0.09)

L.B. Foster Vancouver, BC Facility Receives IndustryWeek 2014 Best Plants Recognition
GlobeNewswire - Tue Jan 13, 12:00PM CST
Pittsburgh, PA-based L.B. Foster Company (Nasdaq:FSTR) announced today that its Rail Technologies plant in Vancouver, British Columbia, Canada has been selected by IndustryWeek magazine for their 2014 Best Plants Award. The industry publication reported L.B. Foster's friction management products plant has been recognized for excellence in manufacturing.
FSTR: 49.21 (+0.06)

Shiloh Industries Fiscal 2014 Earnings Increase Y/Y - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jan 13, 8:00AM CST
Shiloh Industries Inc's (SHLO) earnings for fiscal 2014 (ended Oct 31) came in at $1.30 per share, up compared with $1.27 earned in fiscal 2013. Net revenue increased 25.5% to $878.7 million.
FSTR: 49.21 (+0.06), MTL: 1.48 (+0.14), SHLO: 13.17 (+0.05), SYNL: 15.78 (+0.51)

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