Steel Technologies

May 2007
Metal Center News;May2007, Vol. 47 Issue 6, p52
Trade Publication
The article reports developments on the business performance of Steel Technologies Inc. in the U.S. The company plans to merge with Mitsui and Co. Ltd., thus, offering new and attractive opportunities for their customers, suppliers and employees. For the second quarter of 2007, Steel Technologies reported income of $2.9 million, depicting a 27 percent increase from the same period in 2006. Company officials cited average higher selling prices and increased volumes for the increased sales.


Related Articles

  • Equities can rise despite slowdown. Rambourg, Guillaume // Fund Strategy;12/1/2006, p19 

    The article reports on the implications of mergers and acquisitions (M&A) activities on the financial performance of market share prices as the last quarter of 2006 ended in Europe. Data from the U.S. revealing a slow performance has raised awareness in European markets on the risk of a...

  • Rite Aid reports stronger-than-expected performance.  // Drug Store News;7/23/2007 Special Digital Report, Vol. 29 Issue 9, p68 

    The article presents an overview on the financial performance of Rite Aid Corp. in Camp Hill, Pennsylvania. It is stated that the company has announced a 2.8 percent lift in revenues for the 13 weeks ended on June 2, 2007. It is noted that the strong performance of the company was driven by...

  • People's gears up for expansion into Westchester. Soule, Alexander // Fairfield County Business Journal;1/22/2007, Vol. 46 Issue 4, p15 

    The article reports on the expansion of Connecticut-based People's Bank in Westchester County, New York. The company has not ruled out the possibility of anteing up for an acquisition in the area. The company voted in September 2006 to offer up the 57 percent of its shares not already held by...

  • VeriFone Files Earnings After Completing Audit.  // ISO & Agent Weekly;8/22/2008, Vol. 4 Issue 29, p1 

    The article focuses on the financial statement of VeriFone Holdings Inc. for the year 2008. It states the financial status of the company which notes to have earnings for the first three quarters of 2007. It mentions the merging with Phoenix Group in order to optimize its reseller relationship...

  • PORTFOLIO POINTERS: STRADDLING THE MARKET. Coulson, Michael // Finweek;3/1/2007, p32 

    The article offers information concerning development of Brandcorp in South Africa. It is stated that Brandcorp has been listed on the Johannesburg Stock Exchange as an importer and distributor of niche products. Moreover, the sized of the company has improved within months through the...

  • Arcelor Mittal Strategy On Track.  // Metal Center News;Mar2007, Vol. 47 Issue 3, p50 

    The article reports on the financial and market performance of Mittal Steel Co. NV after its integration with several acquisitions during the fiscal year 2006. The company has produced 118 million metric tons of steel in 2006 and its total earnings amounted to $15.3 billion. According to Lakshmi...

  • Ameritrade and E-Trade Called Potential Sellers. Kulikowski, Laurie // American Banker;10/31/2005, Vol. 170 Issue 209, p24 

    The article reports on some developments in the discount brokerage industry's recent consolidation. Ameritrade Holding Corp. has been given a "buy" rating by Patrick Pinschmidt of Merrill Lynch & Co., and E-Trade Financial Corp. has been given a "neutral" rating. The article discusses the...

  • SWOT Analysis.  // Nucor Corporation SWOT Analysis;May 2005, p5 

    Provides a business analysis of Nucor Corp., the largest steel manufacturer and recycler in the U.S., manufacturing a range of merchant products, hot- and cold-rolled sheet, and wide-flange structural beams, focusing on its strengths, weaknesses, opportunities for improvement and threats to the...

  • SALVAGING PROFITS. Tita, Bob // Crain's Chicago Business;1/14/2008, Vol. 31 Issue 2, p4 

    The article reports on the financial performance of Chicago, Illinois-based LKQ Corp., the nation's largest provider of used transmissions, fenders and other components recovered from wrecked vehicles. Shares of the company rose 83% in 2007 as salvage yard acquisitions increased sales. The...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics