Press Releases
21 February 2024
LCI Industries, which, through its wholly-owned subsidiary, Lippert Components, Inc. ("Lippert"), supplies a broad array of highly engineered components for the leading original equipment manufacturers ("OEMs") in the recreation and transportation markets, and the related aftermarkets of those industries, today announced that its Board of Directors approved a regular quarterly cash dividend of $1.05 per share of common stock. The dividend is payable on March 22,
Read more...20 February 2024
Albemarle Corporation, a global leader in providing essential elements for mobility, energy, connectivity, and health, announced today that Albemarle Corporation's Chairman and CEO Kent Masters is scheduled to present at the BMO Capital Markets 2024 Investor Conference on Monday, Feb. 26, 2024, at 1:30 pm ET. A webcast replay will be available following the conclusion of the event through the News and Events page on Albemarle's website at http://investors.albemarle.com.
Read more...16 February 2024
Greenwave Technology Solutions, Inc. a leading operator of metal recycling facilities in Virginia, North Carolina, and Ohio, today announced it received notification from Dominion Energy that its second automotive shredder is scheduled to be connected to the power grid no later than April 9, 2024 and will commence operations shortly thereafter. The Company's second automotive shredder is expected to double Greenwave's ferrous metal processing capacity. Greenwave's existi
Read more...15 February 2024
Royal Gold, Inc. announced today that its wholly owned subsidiary, RGLD Gold AG, has executed an additional agreement with Centerra Gold Inc. and its wholly-owned subsidiary, Thompson Creek Metals Company Inc. (together “Centerra”), with respect to the Mount Milligan Mine that provides near-term cash and gold consideration to Royal Gold in return for long-term cost support (“Cost Support Agreement”) that will allow an extension of the mine life of Mount Milligan to 203
Read more...TimkenSteel Corp. a leader in high-quality specialty steel, manufactured components, and supply chain solutions, will release its 2023 fourth-quarter and full-year financial results on Tuesday, February 27, after the market closes on the New York Stock Exchange. Last month, TimkenSteel announced its intent to change its name to Metallus Inc. Effective February 27, 2024, the company's common stock will trade on the New York Stock Exchange under its new ticker symbol (NYSE: MTUS).
Read more...GKN Powder Metallurgy, a global leader in powder metallurgy and innovative, sustainable solutions for a broad range of automotive and industrial applications, has received a Platinum rating from EcoVadis for outstanding sustainability performance. Across all business units and with a total of 27 manufacturing sites worldwide, GKN Powder Metallurgy was recognized with the platinum medal, placing the company in the top 1% of more than 125,000 companies evaluated in the areas of Work a
Read more...Generational Capital Markets Member FINRA/SIPC and a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Watson Metals to Georgia Metals (a portfolio company of CID Capital). The deal closed on February 5, 2024. Headquartered in Manchester, Tennessee, Watson Metals (Watson) is a leading provider of metal roofing, pole barns, and pre-engineered steel buildings in the Southern U.S. Founded in 1997 by Michael Watso
Read more...9 February 2024
Heritage Capital Group, Inc, an investment banking and financial advisory firm serving middle-market and emerging growth companies in the U.S. and worldwide, is pleased to announce that its client, Cooksey Iron & Metal Co., Inc. ("Cooksey" or the "Company"), has been acquired by Reliance Steel & Aluminum Co ("Reliance"). Founded in 1917, Cooksey is a metals service center that processes and distributes finished steel products such as tubing, bea
Read more...8 February 2024
Kennametal Inc. today reported results for its fiscal 2024 second quarter ended December 31, 2023, with sales of $495 million, compared to $497 million in the prior year quarter, and earnings per diluted share (EPS) of $0.29, compared with $0.27 in the prior year quarter. Adjusted EPS was $0.30 in the current quarter, whereas EPS was not adjusted in the prior year quarter. "Once again this quarter we generated strong cash from operations, even though sales were at the lower end
Read more...7 February 2024
Vedanta Aluminum, one of the largest aluminum producers in the world, has achieved the top position in the esteemed S&P Global Corporate Sustainability Assessment (CSA) 2023 ranking for the aluminum industry, confirming its position as the most sustainable producer aluminum in the world, which outperforms global competitors in Environmental, Social and Governance ( ESG) practices. S&P Global CSA is the leading independent assessment of corporate sustainability, providing an
Read more...