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Stock Market & Financial Investment News

News Breaks
March 3, 2014
07:12 EDTXYL, HSCHarsco announces CEO Patrick Decker resigns, names David Everitt Interim CEO
Harsco (HSC) announced that Patrick K. Decker has stepped down as president and CEO and member of the board, effective immediately, to become CEO of Xylem (XYL). Harsco director David C. Everitt has been appointed Interim president and CEO and will continue as a member of the board. Everitt has served as a member of the board at Harsco since 2010 and brings significant senior executive experience to his new responsibilities.
News For HSC;XYL From The Last 14 Days
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February 5, 2016
08:03 EDTXYLRock Hill finalizes sale of Tideland to Xylem
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February 4, 2016
16:38 EDTHSCHarsco signs expanded 15-year mill services contract valued at $125M
Harsco announced a new 15-year contract for onsite mill services at the Tangshan plate mill facility of China's largest steelmaker, Hebei Iron & Steel, or HBIS, Group. The plate mill is one of two subsidiaries of Hebei's Tangshan Iron and Steel Group, known as TangSteel, served by Harsco. Since 2011, Harsco has supported the plate mill with a range of slag handling and metal recovery services through a Harsco-led joint venture relationship, and this latest award, valued at approximately $125M over the contract duration, builds on the previous effort. Harsco will significantly expand its role to encompass a new metal recovery plant, BOF briquetting operation and a new, innovative steam-box slag cooling process, as the plate mill consolidates and expands its production capacity to 4M tpa. The mill produces premium-grade plates and sections used in various structural applications and shipbuilding.
07:19 EDTXYLXylem raises quarterly dividend by 10% to 15.49c per share
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07:18 EDTXYLXylem acquires Tideland Signal for $69M
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07:16 EDTXYLXylem sees FY16 EPS $1.95-$2.05, consensus $2.01
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07:02 EDTXYLXylem reports Q4 adjusted EPS 60c, consensus 60c
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