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Stock Market & Financial Investment News

News Breaks
August 7, 2012
09:43 EDTMEAMetalico exploring strategic alternatives for lead fabricating segment
The Company announced that it will explore strategic alternatives for its lead fabricating segment, including a possible sale, and intends to retain an investment bank to assist it in its evaluation. Carlos E. Agüero, Metalico’s President and CEO says the company continues a companywide review of operations, equipment and personnel. "Thus far we have implemented cost reduction actions totaling approximately $1.5M on an annualized basis and we are working to identify an additional $1M in cost cuts over the coming weeks."
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August 13, 2014
09:17 EDTMEAMetalico sees improving demand and stabilized scrap selling prices for Ferrous
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09:16 EDTMEAMetalico reports Q2 EPS 1c, one estimate (1c)
Reports Q2 revenue $142.31M, one estimate $141.86M; Non-ferrous unit volume shipments jumped 28% to a record 56.6 million pounds; Ferrous volume rose by 9%, while lead product shipments fell 20%

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