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Stock Market & Financial Investment News

News Breaks
January 19, 2012
06:32 EDTIIIN
theflyonthewall.com: Insteel CEO comments on outlook for FY12
President and CEO, H.O. Woltz III said, "Although demand in our construction end-markets appears to be stabilizing, we expect that business conditions will remain challenging until a more marked and sustained recovery commences in the labor market as well as in the overall economy. In the interim, we will remain focused on the operating fundamentals of our business and our ongoing process improvement initiatives. With the integration of the Ivy acquisition and reconfiguration of our welded wire reinforcement operations essentially behind us, we will be ramping up the equipment that was redeployed in the coming months. As we move further into the year, we expect to realize significant cost reductions at the facilities that have been impacted. We believe the actions that we have taken have further strengthened Insteel's market leadership position and future earnings potential." :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