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Metals Industry News
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Metals Industry News
Werner CEO Retires; Founder Elected to Position
Werner Enterprises CEO Greg Werner has stepped down, and its board of directors has elected company founder Clarence "C.L." Werner to replace his son in that position. The company said as it develops a management team, Greg Werner decided this was the time to retire as CEO.

15 years, $40M in investments: Here are the local stakeholders in the $39M Ziptronix-Tessera deal
Tessera's $39 million all-cash buy of Ziptronix packs a big Triangle punch - as at least four local investor groups have a hand in the deal. But, with nearly $40 million in investment funneled into the company over a 15-year time period, is the payout worth it? Ziptronix, which was purchased by semiconductor giant Tessera in a deal disclosed Thursday , has received nearly $40 million in financing over the years, with several Triangle players contributing to the haul, including Intersouth Partners; Research Triangle Ventures; MCNC Enterprise Fund, managed by NC IDEA; and RTI International , the firm that spun out Ziptronix in the first place, having patented the technology.

Press release distribution, EDGAR filing, XBRL, regulatory filings
As Werner Enterprises contin... Photos of the "Nindies@Night" Event at EMP Museum from Nintendo are Available on Business Wire's Website and AP PhotoExpress )--Photos of the "Nindies@Night" event at EMP Museum from Nintendo are Available on Business Wire's Website and AP PhotoExpress.

Precision Castparts: Capital Allocation History And Introduction To Valuation Framework
Between 2003 and 2013, PCP invested 83% of its capital in M&A and less than 1% in share repurchases . PCP repurchased shares at NTM P/E multiples of 16.5x to 18.5x which is above the 10-year historical forward NTM average multiple of 16.3x and equivalent to the BRK offer.

Brett Arends's ROI: China wins the Battle of Mountain Pass
For all its recent advances, China today remains in the hands of a brutal and undemocratic dictatorship with little regard for anyone who stands in its way. The Beijing regime menaces Taiwan and overshadows neighbors.

Cliffs Natural Resources (CLF) - Research Analysts' Recent Ratings Changes
They now have a $3.21 price target on the stock. 8/24/2015 - Cliffs Natural Resources is now covered by analysts at Wolfe Research.

Trucking execs drill down to the driver: emphasize mama, miles, machine
The Baby Boomer generation is retiring in record numbers and high school students entering the workforce are coming from schools which have had their industrial programs "gutted," Leathers said, adding that it's a "crying shame" that the nation no longer honors people who drive trucks or work with their hands, like mechanics, when the blue collar class built the country in the first place. DALLAS - Werner Enterprises President and COO Derek Leathers told a story of when he was just starting out in trucking.

Silicon Valley tech giant buys Raleigh-based RTI spinoff for $39M
Silicon Valley technology firm Tessera Technologies is acquiring Raleigh-based Ziptronix for $39 million in an all cash deal. The buyout means a big pay day for CEO Dan Donabedian and the rest of the six-person team, all of whom, Donabedian confirms, have equity in the company.

Buffett Goes Big With Latest Acquisition: Further Upside Ahead, Following Dip In Price
Air travel has shown steady growth, and is expected to further increase as China and other Asian countries' middle classes balloon. Precision's rival Boeing also recently announced plans to lay off hundreds of workers following the loss of a major deal.

Handy and Harman fine silver quotation $19.969 oz., $642.00 kg.
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Century Aluminum (CENX) - Investment Analysts' Recent Ratings Changes
They now have a $19.00 price target on the stock. 8/7/2015 - Century Aluminum had its price target lowered by analysts at Cowen and Company from $10.00 to $7.00.

Chicago Bridge & Iron Company Rating Increased to Buy at Zacks
The firm presently has a $44.00 price objective on the stock. Zacks 's price target points to a potential upside of 8.24% from the company's current price.

Only two IPOs in the last 10 years in Buffalo
If Kinex Pharmaceuticals does file for an IPO - as is expected in the next year by both company leaders and investors - it will be a relatively rare event in Buffalo. Only two locally-headquartered companies have held IPOs on major exchanges over the past decade.

CEO: Zimbra acquisition makes Synacor a "much stronger company"
It will give Synacor a larger footprint in providing email services, sends the Synacor name into new markets around the world and adds a steady new line of revenue. "It makes us a much more competitive, much stronger company going forward," said Bhise, who was hired as Syncaor's CEO a little more than a year ago.

Shareholder sues to block Precision Castparts sale
Berkshire Hathaway's $37.2 billion deal to buy Portland's Precision Castparts Corp. faces a legal hurdle after a shareholder sued this week to block the purchase. A lawsuit filed Thursday, Aug. 13, in Multnomah County Circuit Court seeks class-action status for Precision Castparts' shareholders affected by the sale.

Winners and Losers in China's Upheaval
The China economic slowdown that has rattled global markets is also shaking the fortunes of multinationals that do business here. Those that fed China's traditional boom industries of infrastructure, energy and steel-like Anglo-Australian miner BHP Billiton Ltd. and French energy-equipment maker Schneider Electric SE-are suffering precipitous falls in revenue there after years when their profits were boosted by the country's 10%-plus economic growth.

Analysts' Upgrades for August, 26th
They currently have $100.00 target price on the stock. According to Zacks, "American Tower reported dismal second-quarter 2015 results wherein both the top and the bottom line missed the Zacks Consensus Estimate.

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Plastics Industry News
Finding Dividend Growth Before Anyone Else
Eastman Chemical is an example of a company with a low dividend payout ratio that is beginning to aggressively hike its dividend payout. By far and away, my favorite type of company in the investment universe is the company that is just beginning to "mature" its dividend payout ratio by switching into cash cow mode while still delivering respectable earnings per share growth.

Raven Industries, Inc. to Issue Quarterly Dividend of $0.13
Raven Industries declared a quarterly dividend on Thursday, August 27th, Marketbeat reports. Stockholders of record on Friday, October 9th will be paid a dividend of 0.13 per share on Friday, October 23rd.

NEWS Plastics materials veteran now focused on cyber security
The importance of cyber-security is growing in the plastics industry and beyond, McCormack said in a recent phone interview. "We've seen everything from poor passwords to people just being too trusting," he explained.

DuPont Pioneer Expands Its Multi-Crop Research Center In Indiana
CROP RESEARCH CENTER IN INDIANA Aug. 28, 2015 Source: DuPont Pioneer news release DuPont Pioneer announced today the expansion of its Windfall, Ind., research center to better serve local growers and support global breeding and testing programs in corn, soybeans and wheat. "DuPont Pioneer is growing its network of multi-crop research centers to leverage collaboration between crop researchers, maximize resources and advance our research locally and more quickly than ever before," said Carlos Hentschke, DuPont Pioneer director for the Heartland business unit.

Schulman A (SHLM) - Investment Analysts' Recent Ratings Changes
They now have a "buy" rating on the stock. 8/18/2015 - Schulman A was upgraded by analysts at Sidoti from a "neutral" rating to a "buy" rating.

Cooper Tire & Rubber Co Receives Consensus Recommendation of...
Cooper Tire & Rubber Co has been given an average recommendation of "Hold" by the eight ratings firms that are covering the stock, MarketBeat Ratings reports . One analyst has rated the stock with a sell recommendation, six have given a hold recommendation and one has assigned a buy recommendation to the company.

Semiconductor veteran Mark McClear to help drive growth and...
McClear comes to Phononic from Cree, Inc., where he was vice president of Worldwide Sales, and was part of the management team that built the LED unit into a multi-hundred million dollar business in six years. Fast Company named Cree as one of the 50 most innovative companies in 2015.

New York law firm taking closer look at Dow Chemical
It's all part of an investigation claiming Dow CEO and President Andrew Liveris misused company funds for personal benefit. The investigation stems from a 2014 lawsuit alleging former Dow auditor, Kimberly Wood, was fired after questioning CEO spending unrelated to official business.

Cooper makes progress with guayule; company expects a domestically...
In less than two years, Cooper Tire & Rubber Co. expects to be able to make a tire using 100 percent domestically produced rubber from the guayule plant.

5.85% To 43% Yields From 9 Sector-Leading Dividend Dogs As Of August 24
The top ten sector dog yields were cast by ARP, SDR, PER, MEMP, CLM, CRF, NMM, DOM, SXE, and RSO. Yield results from here verified by Yahoo Finance for sector-leading stocks as of market closing prices August 24 revealed three actionable conclusions discussed below.

What's The Story With Chemical Giants?
DuPont , Dow Chemical , and Eastman Chemical all reported negative impacts from pricing on their top lines in the calendar second period. DuPont's Performance Chemicals segment, which was spun-off into The Chemours Company on July 1, reported the largest negative impact for the company with pricing lowering sales by 6% in the period.

6 Dow Stocks Mauled by the Bear
Wall Street's most volatile week in history has pushed six of the 30 Dow Jones Industrial Average stocks into bear market territory. That is to say, they have dropped at least 20% from recent highs.

Press Releases: Department of State, UVA Darden School, and Concordia ...
Madagascar: Implementing Improved Water and Sanitation Services - a partnership between The Coca-Cola Company, Water and Sanitation for the Urban Poor, and local utility companies to provide safe water and sanitation to poor communities in Madagascar. Partnering to Accelerate Entrepreneurship and VilCap Investments: Catalyzing Investment to Democratize Global Development - a partnership between USAID's U.S. Global Development Lab, Village Capital, and impact investors to build an investment vehicle to unlock private capital for seed-stage impact investments.

CLT, lithium-processing operations outweigh other issues to bring chemical HQ to Charlotte
Albemarle Corp. has been in Baton Rouge, La., for seven years and has decided to relocate to Charlotte. One big draw for the Queen City may have been the better airline service at Charlotte Douglas International Airport.

Jim Cramer Surprised by General Electric (GE), Dow Chemical (DOW), Sell-off
Jim Cramer considers General Electric Company , Dow Chemical Co and RR Donnelley & Sons Co , as three solid stocks that got mindlessly beaten down on Monday. Market sell-offs create panic in the minds of investors.

Research Analysts' Weekly Ratings Updates for E I Du Pont De Nemours And
E I Du Pont De Nemours And recently received a number of ratings updates from brokerages and research firms: 8/25/2015 - E I Du Pont De Nemours And was downgraded by analysts at Vetr from a "strong-buy" rating to a "buy" rating. They now have a $54.70 price target on the stock.

Sen. Portman to meet with Cooper Tire workers today
U.S. Sen. Rob Portman, R-Ohio, will meet with unionized Cooper Tire & Rubber Co.

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