Simpson Manufacturing Company (SSD) 44.86 $SSD
Post# of 273249
Simpson Manufacturing's (SSD) Capital Allocation Strategy News
Zacks Equity Research - Zacks Investment Research - Thu Aug 25, 8:30AM CDT
Simpson Manufacturing Co., Inc. (SSD) announced an update to its capital allocation strategy.
NCS: 14.59 (-0.43), ROCK: 38.31 (-0.10), TREX: 61.84 (-0.05), SSD: 44.86 (-0.02)
Simpson Manufacturing Co., Inc. Announces Capital Allocation Strategy Update
PR Newswire - Wed Aug 24, 4:00PM CDT
Simpson Manufacturing Co., Inc. (the "Company" today announced an update to its capital allocation strategy, which has resulted from our ongoing review of our capital allocation strategy and feedback we have received from a significant number of our shareholders. Per the previous capital allocation strategy announcement on September 23, 2015, we seek profitable growth opportunities in the building products range to create long-term value while consistently returning capital to our shareholders. Based on shareholder feedback, the initial results of an extensive review of our capital allocation strategy and the high degree of confidence we have in our business, the Company has established a current target capital return to shareholders of 50% of cash flows from operations through both dividends and repurchases of the Company's shares of common stock. In support of this target, the Company's Board of Directors replaced its previous share repurchase authorization, which was initially $50 million and was scheduled to expire on December 31, 2016, with a $125 million share repurchase authorization that expires on December 31, 2017. The Board of Directors further authorized the Company to execute one or more accelerated share repurchase programs ("ASR Programs" at any time or times before December 31, 2017 (provided that, final settlement of the ASR Programs may occur thereafter). The Company currently expects to execute a $50 million ASR Program by the end of 2016 and has begun work on that initiative.
SSD: 44.86 (-0.02)
Simpson Manufacturing Co., Inc. Announces Second Quarter Results
PR Newswire - Thu Jul 28, 4:00PM CDT
Simpson Manufacturing Co., Inc. (the "Company" (NYSE: SSD) today announced its second quarter 2016 results.
SSD: 44.86 (-0.02)
PulteGroup (PHM) Founder Makes New CEO Demands
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 11:01PM CDT
There is another twist to the battle between homebuilder PulteGroup, Inc. (PHM) and the company's largest shareholder and founder, William J. Pulte.
IBP: 35.40 (+0.83), PHM: 20.84 (-0.04), BLD: 34.60 (-0.10), SSD: 44.86 (-0.02)
Gibraltar's Growth Prospects Strong, Stiff Competition a Drag
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 4:44PM CDT
We issued an updated research report on the premium steel & iron firm Gibraltar Industries, Inc. (ROCK) on Jun 10, 2016.
IBP: 35.40 (+0.83), BLD: 34.60 (-0.10), ROCK: 38.31 (-0.10), SSD: 44.86 (-0.02)
Can Martin Marietta (MLM) Sustain Strong Volume Trends in 2016?
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 10:09AM CDT
We issued an updated research report on Martin Marietta Materials, Inc. (MLM) on Jun 9, 2016.
MLM: 180.95 (-3.68), IBP: 35.40 (+0.83), BLD: 34.60 (-0.10), SSD: 44.86 (-0.02)
Tutor Perini (TPC) Offers & Prices Convertible Senior Notes
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 7:41AM CDT
Tutor Perini (TPC) has offered $125 million Convertible Senior Notes and priced $175 million of Convertible Senior Notes.
TPC: 23.69 (+0.02), SSD: 44.86 (-0.02), DY: 85.56 (-0.64), MCO: 110.09 (+0.66)
Vulcan Materials Aggregates Demand Rising -- Time to Invest?
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 3:08PM CDT
We issued an updated research report on Vulcan Materials Company (VMC) on Jun 9, 2016.
IBP: 35.40 (+0.83), VMC: 112.96 (-1.52), BLD: 34.60 (-0.10), SSD: 44.86 (-0.02)
Simpson Manufacturing (SSD) at 52-Week High on Strong Q1
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 5:28PM CDT
Shares of manufacturer of building construction products Simpson Manufacturing Co., Inc. (SSD) hit a new 52-week high of $40.00 on Jun 8.
IBP: 35.40 (+0.83), USG: 27.26 (-0.30), BLD: 34.60 (-0.10), SSD: 44.86 (-0.02)
MasTec (MTZ) Hits Fresh 52-Week High on Project Pipeline
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 7:08AM CDT
MasTec (MTZ) hit a 52-week high of $24.11 on June 7.
TPC: 23.69 (+0.02), SSD: 44.86 (-0.02), DY: 85.56 (-0.64), MTZ: 29.73 (+0.11)
Armstrong World Poised for Growth Despite Macro Risks
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 11:05AM CDT
Armstrong World (AWI) will benefit from the opportunities in the American market.
IBP: 35.40 (+0.83), BLD: 34.60 (-0.10), AWI: 43.67 (+0.03), SSD: 44.86 (-0.02)
NCI Building's 2H Fiscal 2016 Looks Good on Seasonality
Zacks Equity Research - Zacks Investment Research - Mon Jun 06, 3:39PM CDT
NCI Building (NCS) will benefit in the second-half of fiscal 2016 due to seasonality.
NCS: 14.59 (-0.43), IBP: 35.40 (+0.83), BLD: 34.60 (-0.10), SSD: 44.86 (-0.02)
Aegion (AEGN) Wins $8M Contract from the City of Montgomery
Zacks Equity Research - Zacks Investment Research - Fri Jun 03, 8:40AM CDT
Aegion (AEGN) has won a $8 million contract from the City of Montgomery for its Infrastructure Solutions platform.
IBP: 35.40 (+0.83), BLD: 34.60 (-0.10), SSD: 44.86 (-0.02), AEGN: 19.11 (+0.10)
NCI Building (NCS) Hits 52-Week High on Strong Q2 Results
Zacks Equity Research - Zacks Investment Research - Fri Jun 03, 8:08AM CDT
NCI Building (NCS) hit a 52-week high on strong second-quarter performance and bullish second half outlook.
NCS: 14.59 (-0.43), IBP: 35.40 (+0.83), BLD: 34.60 (-0.10), SSD: 44.86 (-0.02)
NCI Building (NCS) Stock Up on Q2 Earnings and Sales Beat
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 9:22AM CDT
NCI Building's (NCS) second-quarter fiscal 2016 earnings and sales beat the Zacks Consensus Estimate.
NCS: 14.59 (-0.43), IBP: 35.40 (+0.83), BLD: 34.60 (-0.10), SSD: 44.86 (-0.02)
Quanex (NX) Beats on Q2 Earnings, Stock Up on Raised View
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 9:05AM CDT
Quanex Building Products Corporation's (NX) second-quarter fiscal 2016 adjusted earnings of 10 cents beat the Zacks Consensus Estimate.
NX: 19.68 (+0.10), IBP: 35.40 (+0.83), BLD: 34.60 (-0.10), SSD: 44.86 (-0.02)
NCI Building (NCS) Q2 Earnings: Can the Stock Surprise?
Zacks Equity Research - Zacks Investment Research - Fri May 27, 9:24AM CDT
NCI Building (NCS) is slated to report second-quarter fiscal 2016 results on May 31.
NCS: 14.59 (-0.43), PHM: 20.84 (-0.04), OC: 55.26 (-0.26), SSD: 44.86 (-0.02)
Can Simpson Manufacturing (SSD) Keep the Earnings Streak Alive This Quarter?
Zacks Equity Research - Zacks Investment Research - Fri May 27, 7:59AM CDT
Simpson Manufacturing (SSD) boasts a favorable Zacks Rank and a positive Earnings ESP, which is a great sign of a coming earnings beat.
SSD: 44.86 (-0.02)
Can Manitowoc (MTW) Grow Despite Weak Crane Demand?
Zacks Equity Research - Zacks Investment Research - Mon May 23, 8:22AM CDT
On May 20, 2016, we issued an updated research report on The Manitowoc Company, Inc. (MTW), a leading global manufacturer of cranes.
MFS: 16.45 (+0.03), BLD: 34.60 (-0.10), SSD: 44.86 (-0.02), MTW: 4.93 (+0.06)
MasTec (MTZ) to Benefit from Project Pipeline, Risks Persist
Zacks Equity Research - Zacks Investment Research - Mon May 16, 7:33AM CDT
On May 13, we issued an updated research report on MasTec, Inc, (MTZ).
BLD: 34.60 (-0.10), TPC: 23.69 (+0.02), SSD: 44.86 (-0.02), MTZ: 29.73 (+0.11)