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Stock Market & Financial Investment News

News Breaks
January 27, 2011
09:04 EDTIIIN
theflyonthewall.com: Insteel CEO sees Q2 demand at depressed level
Insteel CEO H.O. Woltz III said, "We expect demand for concrete reinforcing products to remain at depressed levels during Q2 due to the continued softness in our construction end markets and the usual seasonal weakness. Despite the anemic demand environment, prices for hot-rolled steel wire rod, our primary raw material, have surged higher since December driven by escalating scrap costs for steel producers. Although we have announced price increases to recover these additional costs in our markets, the eventual net impact on margins is uncertain at this time." :theflyonthewall.com



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May 16, 2012
07:43 EDTIIIN
theflyonthewall.com: Oppenheimer to host a conference
7th Annual Industrials Conference is being held in New York on May 15-16 with webcasted company presentations to begin on May 16 at 8 am; not all company presentations may be webcasted. Webcast Link :theflyonthewall.com