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News Breaks | | | | March 7, 2013 | | 08:11 EDT |  | NX | Quanex reports Q1 EPS (22c), consensus (7c) Reports Q1 revenue $185.7M, consensus $175.08M. Says increased first quarter net loss per share was due primarily to higher corporate expenses from acquisition-related transaction costs and ongoing ERP implementation costs. Quanex's two business segments are highly cyclical with the building and construction market and as a result, Quanex typically reports a loss during its first quarter when building and construction activity is reduced, the company said. | |
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| May 8, 2013 | | 13:59 EDT |  | NX | Odey Asset Management reports 10.5% passive stake in Quanex
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