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Stock Market & Financial Investment News

News Breaks
February 7, 2013
06:40 EDTRSReliance Steel upgraded to Buy from Hold at Dahlman Rose
Dahlman Rose is positive on Reliance Steel's (RS) acquisition of Metals USA (MUSA) and said the deal is immediately accretive. Price target is $89.
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May 27, 2015
08:53 EDTRSReliance Steel appoints Gregg Mollins as CEO and President
Reliance Steel announced that in accordance with the previously announced executive leadership succession plan, effective as of May 20, 2015, the company has appointed Gregg Mollins as CEO and President of Reliance. David Hannah has transitioned to the role of Executive Chairman. Hannah, who has served as Reliance's CEO since 1999 and Chairman of the Board and CEO since 2007, will remain on the company's board as Executive Chairman until his retirement in July 2016. Mr. Hannah will remain active in the company's operations until his departure, at which time an independent, non-executive Chairman of the Board will be appointed.
May 13, 2015
10:07 EDTRSHigh option volume stocks
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