Global Fastener News

Tag "stocks"

Bufab Sales & Orders Increase

October 10
09:49 2017

Swedish company will continue to focus on raising prices to customers - although to date increases had not been sufficient to offset cost increases.

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Chicago Rivet Fastener Sales Continue Declining

August 09
12:12 2017
    Chicago Rivet Fastener Sales Continue Declining

"Based on the current economic environment, we don’t believe overall business conditions during the second half of the year will be markedly different from those of the first half."

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Lawson Products Poised to Grow Fastener Revenue

June 13
21:21 2017
    Lawson Products Poised to Grow Fastener Revenue

“As a mechanical engineer, I used to take fasteners for granted,” DeCata told GlobalFastenerNews.com. “Now I don’t.”

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A Solid Year for Fasteners

June 05
10:53 2017
    A Solid Year for Fasteners

Most publicly-traded companies with fastener businesses achieved sales and profit growth in 2016, driven by strength in aerospace and automotive markets.

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Hagan: 2016 Most Active Year for Fastener Acquisitions

May 31
23:20 2017
    Hagan: 2016 Most Active Year for Fastener Acquisitions

Richard Hagan counted 49 fastener company acquisitions worldwide in 2016, making it the highest annual number in his 19 years of monitoring the industry’s transactions.

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FIN Stock: ARCONIC

May 31
23:15 2017

Arconic reported revenue for its Engineered Products and Solutions (EP&S) segment - primarily aerospace fasteners - increased 4% to $1.5 billion in the first quarter of 2018.

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FIN Stock: CARPENTER TECHNOLOGY

May 31
23:05 2017

“All Aerospace sub-markets generated growth, except fasteners, which continues to be impacted by inventory channel adjustments,” the company stated.

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FIN Stock: EACO (Bisco Industries)

May 31
22:50 2017

Bisco Industries opened three new sales facilities in fiscal 2016.

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FIN Stock: FASTENAL

May 31
22:45 2017

Fastenal Co. capped a turnaround year of fastener sales growth with a double-digit performance in the fourth quarter of 2017.

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FIN Stock: GRAINGER

May 31
22:40 2017

“Overall we were pleased with the year,” stated CEO DG Macpherson. “We made progress by removing the pricing barrier... while improving our cost structure.”

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FIN Stock: ITW

May 31
22:35 2017

ITW reported Automotive OEM revenue, including fasteners, grew 9% to $901 million in the opening quarter of 2018.

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FIN Stock: KLX

May 31
22:30 2017

In 2018, Boeing agreed to acquire aerospace fastener supplier KLX Inc. for $4.25 billion.

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FIN Stock: LAWSON PRODUCTS

May 31
22:25 2017

“We finished 2017 with a 17.8% increase in average daily sales driven by both acquired revenue and a 6.1% growth within our Lawson business segment."

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FIN Stock: MSC INDUSTRIAL

May 31
22:20 2017

CEO Erik Gershwind called fiscal 2017 the company’s “first year of significant earnings growth since 2012.”

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FIN Stock: NUCOR

May 31
22:15 2017

“While not back to pre-recession levels, our 2017 earnings are more than double Nucor’s average comparable reported earnings of $483 million during the 2010 to 2016 time period,” the company stated.

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FIN Stock: PARK-OHIO

May 31
22:10 2017

“Most economic indicators suggest modest organic growth in the industrial sector for 2017,” stated CEO Edward Crawford.

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FIN Stock: SIMPSON MFG

May 31
22:05 2017

“2017 was a highly productive year” at Simpson Manufacturing.

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FIN Stock: STANLEY BLACK & DECKER

May 31
22:00 2017

Full-year Industrial segment revenue rose 5.8% to $1.95 billion, with profit up 15.7% to $352 million.

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FIN Stock: TRIMAS

May 31
21:55 2017

Overall TriMas sales increased 3% to $817.7 million in 2017, with operating profit growing to $88.5 million.

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FIN Stock: WESCO AIRCRAFT

May 31
21:50 2017

Full-year net sales declined 3.2% to $1.43 billion, with operating loss of $208.8 million and net loss of $237.3 million.

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