Reliance Steel & Aluminum Company (RS) 77.19

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Reliance Steel & Aluminum Company (RS) 77.19 $RS

Reliance Steel & Aluminum Co. Completes Acquisition Of Alaska Steel Company
PR Newswire - Tue Aug 02, 5:50AM CDT
Reliance Steel & Aluminum Co. (NYSE: RS) announced today that it has acquired all of the capital stock of Alaska Steel Company, a full-line metal distributor headquartered in Anchorage, Alaska. Founded in 1982, Alaska Steel boasts the largest on-hand inventory in Alaska and offers both same day and next day delivery from its three facilities in Anchorage, Fairbanks and Kenai. The Company provides steel, aluminum, stainless and specialty metals and related processing services including shearing, sawing, plasma and flame cutting to a variety of customers in diverse industries throughout Alaska including infrastructure, energy and mining. For the year ended December 31, 2015, Alaska Steel's net sales were approximately $33 million. The Company will operate as a wholly-owned subsidiary of Reliance's American Metals Corporation subsidiary and current management will remain in place. The terms of the transaction were not disclosed.
RS: 77.19 (-0.21)

Upgrade Alert for Reliance Steel & Aluminum (RS)
Comtex SmarTrend(R) - Fri Jul 29, 3:23AM CDT
Reliance Steel & Aluminum (NYSE:RS) was upgraded from Underperform to Neutral at BofA/Merrill today. The stock closed yesterday at $78.60 on volume of 951,000 shares, above average daily volume of 804,000. In the past 52 weeks, shares of Reliance Steel & Aluminum have traded between a low of $50.08 and a high of $84.25 and closed yesterday at $78.60, which is 57% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 1.6%.
RS: 77.19 (-0.21)

Can Snap-on (SNA) Maintain the Earnings Streak in Q2?
Zacks Equity Research - Zacks Investment Research - Tue Jul 19, 6:44AM CDT
Snap-on Incorporated (SNA) is scheduled to report second-quarter 2016 results, before the opening bell on Jul 21.
RS: 77.19 (-0.21), CWST: 9.46 (unch), SNA: 154.29 (-2.79), ALLE: 71.69 (-0.71)

What's in Store for Interpublic (IPG) This Earnings Season?
Zacks Equity Research - Zacks Investment Research - Mon Jul 18, 5:43PM CDT
Interpublic (IPG) is scheduled to report second-quarter 2016 results beforethe opening bell on Jul 21.
RS: 77.19 (-0.21), T: 43.16 (-0.02), HNI: 52.25 (-0.56), IPG: 22.60 (-0.48)

Can Reliance Steel (RS) Maintain Its Earnings Streak in Q2?
Zacks Equity Research - Zacks Investment Research - Mon Jul 18, 2:30PM CDT
Reliance Steel (RS) is set to release its second-quarter 2016 results before the opening bell on Jul 21.
STLD: 26.38 (-0.05), RS: 77.19 (-0.21), RYI: 13.94 (-0.73), AKS: 6.12 (-0.13)

Reliance Steel & Aluminum Co. To Announce Second Quarter 2016 Results On Thursday, July 21st
PR Newswire - Thu Jul 07, 5:50AM CDT
Reliance Steel & Aluminum Co. (NYSE:RS) announced today that it will report second quarter financial results for the period ended June 30, 2016, on Thursday, July 21, 2016, at 6:50 a.m. Eastern Time. Reliance management will host a conference call that same day at 11:00 a.m. Eastern Time. The call will be broadcast live over the Internet hosted on the Investors section of the Company's website at investor.rsac.com.
RS: 77.19 (-0.21)

How Reliance Steel & Aluminum (RS) Stock Stands Out in a Strong Industry
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 7:44AM CDT
Reliance Steel & Aluminum is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
RS: 77.19 (-0.21)

Reliance Steel Well Placed on Acquisitions, Healthy Demand
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 7:04AM CDT
We have issued an updated research report on metal processor Reliance Steel & Aluminum Co. (RS).
RS: 77.19 (-0.21), KALU: 81.84 (-1.04), WOR: 43.18 (-0.78)

Can Red Hat (RHT) Maintain its Earnings Streak in Q1?
Zacks Equity Research - Zacks Investment Research - Tue Jun 21, 9:54AM CDT
Red Hat Inc. (RHT) is set to report first-quarter fiscal 2017 results on Jun 22.
RS: 77.19 (-0.21), IBM: 160.58 (-0.87), RHT: 72.89 (-1.93), INTC: 34.56 (-0.29)

Reliance Steel & Aluminum Up 36.2% Since SmarTrend Uptrend Call (RS)
Comtex SmarTrend(R) - Fri Jun 17, 12:35AM CDT
SmarTrend identified an Uptrend for Reliance Steel & Aluminum (NYSE:RS) on January 29th, 2016 at $55.68. In approximately 5 months, Reliance Steel & Aluminum has returned 36.18% as of today's recent price of $75.82.
RS: 77.19 (-0.21)

Will Q2 Earnings Hold a Surprise for Greif (GEF) Stock?
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 9:15AM CDT
Greif (GEF) is slated to report second-quarter fiscal 2016 results on June 8.
RS: 77.19 (-0.21), CFX: 28.42 (-0.09), DOV: 69.67 (-0.26), GEF: 39.27 (-0.50)

Reliance Steel (RS) Touches New 52-Week High of $76.41
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 6:02AM CDT
Shares of Reliance Steel (RS) scaled a new 52-week high of $76.41 on Jun 6 before retracing to end the day at $75.78.
RS: 77.19 (-0.21), KALU: 81.84 (-1.04)

Featured Research Report on Steel and Iron's Stocks
ACCESSWIRE - Fri Jun 03, 8:16AM CDT
LONDON, UK / ACCESSWIRE / June 3, 2016 / ActiveWallSt.com announces the list of stocks for today's research coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Steel & Iron industry. Companies recently under review include Nucor, Commercial Metals, TimkenSteel, and Reliance Steel & Aluminum. Register with us now for your free membership and see our complete reports on these equities at:
RS: 77.19 (-0.21), TMST: 8.61 (-0.41), CMC: 16.45 (-0.13), NUE: 53.00 (-0.28)

Reliance Steel & Aluminum Co. Announces Participation At Deutsche Bank's 7th Annual Global Industrials and Materials Summit
PR Newswire - Thu Jun 02, 5:50AM CDT
Reliance Steel & Aluminum Co. (NYSE: RS) announced today that Karla Lewis, Senior Executive Vice President and Chief Financial Officer, and James Hoffman, Executive Vice President and Chief Operating Officer, will participate in Deutsche Bank's 7th Annual Global Industrials and Materials Summit on Thursday, June 9, 2016 at the Westin Chicago River North in Chicago, Illinois. Reliance's presentation is scheduled to take place at 10:00 a.m. CT.
RS: 77.19 (-0.21)

Reliance Steel (RS) Touches New 52-Week High at $75.46
Zacks Equity Research - Zacks Investment Research - Fri May 27, 5:17AM CDT
Shares of Reliance Steel (RS) touched a new 52-week high of $75.46 yesterday before retracing to end the day at $74.56.
RS: 77.19 (-0.21), KALU: 81.84 (-1.04), WOR: 43.18 (-0.78)

Watch for Reliance Steel & Aluminum to Potentially Pullback After Gaining 1.06% Yesterday
Comtex SmarTrend(R) - Thu May 26, 2:20PM CDT
Reliance Steel & Aluminum (NYSE:RS) traded in a range yesterday that spanned from a low of $73.74 to a high of $75.46. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $74.12 on volume of 380,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
RS: 77.19 (-0.21)

Shares of RS Up 32.6% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Wed May 25, 1:16PM CDT
SmarTrend identified an Uptrend for Reliance Steel & Aluminum (NYSE:RS) on January 29th, 2016 at $55.68. In approximately 4 months, Reliance Steel & Aluminum has returned 32.63% as of today's recent price of $73.84.
RS: 77.19 (-0.21)

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