BNET Industries
Metalico Inc. (MEA) is in the Manufacturing Industry
- Revenue
- Dec 31 2007
- $334.2M
- Profit
- Dec 31 2007
- $14.7M
- Market Cap
- Aug 22 2008
- $461.7M
Latest News and Analysis
Wednesday Options Update: MER, BAC, FNM, AMGN, AMLN, LLY, MEA, GE
Rebecca Engmann Darst contributed to this report. Merrill Lynch MER – Financial shares started the day on shaky footing following Goldman Sachs’ downgrade of profit estimates and share price targets for a slew of banks and brokerages, leaving traders understandably wary of what’s waiting behind the proverbial Door #3....
Wallstrip: Metalico Inc. (MEA)
Metalico Inc. MEA is one of the greatest heavy metal bands of our time. No, wait -- it's a steel company that recycles scrap metal and is reaping the benefits of rising demand.
Additional Resources
Metalico Reports Record Second Quarter Earnings
Metalico, Inc. (AMEX: MEA) today reported thebest quarter in the Company's history, with sharp increases in revenues,operating income and EBITDA for the second quarter of 2008. Highlights of the second quarter include: -- Sales increased by 342% to $295.1 million in 2008, compared to $66.8 million...
Metalico CEO to Speak at Canaccord Adams Global Growth Conference
Carlos E. Agüero, Chairman and CEO ofMetalico, Inc. (AMEX: MEA), will present at the 28th Annual Canaccord AdamsGlobal Growth Conference in Boston on August 13, 2008. Mr. Agüero'spresentation, which will begin at 11:00 a.m., will include a corporateoverview and growth strategies. Interested parties may access the presentation slides on...
Beacon Energy Completes Merger, Stock Exchange
CRANFORD, N.J. -- Beacon Energy Corp., an emerging producer and investor in the developing biodiesel sector, has become a wholly-owned subsidiary of Beacon Energy Holdings, Inc., a public reporting company. As a result of the transaction, all stockholders of Beacon Energy Corp. exchanged their interests for stock...
Metalico Added to Russell 3000, Rises in IBD 100
Metalico, Inc. (AMEX: MEA), a rapidly growingrecycler of precious and base metal scrap, has been added to thebroad-market Russell 3000 Index in this year's reconstitution of thecomprehensive index. Metalico is also currently ranked Number 34 in the IBD100 list of top stocks. The Russell 3000 Index measures the...
Focus on the World Industrial & Specialty Gases Market
Reportlinker.com announces that a new market research report related to the Industrial gases industry is available in its catalogue. World Industrial & Specialty Gases Market http://www.reportlinker.com/p090604/World-Industrial--Specialty-Gases-Market.html This report analyzes the worldwide markets for Industrial & Specialty Gases in billion cubic feet.The specific product segments...
New Analyst Reports for Canadian Superior Energy Inc., Metalico Inc., Gammon Gold Inc., and Nova Biosource Fuels, Inc.
MaybachFinancial.com is one of the fastest growingindependent and unbiased research firms in the world. Through our numerouspartnerships with many of the top investment minds in the world, we provideresearch on companies making a move in the markets. Investors seekinggenuine analyst opinions on their investments for Canadian Superior EnergyInc....
Zacks #1 Rank Top Performers: ASM International, GMX Resources, Metalico, Massey Energy and Olympic Steel
CHICAGO -- Zacks.com announces the latest list of top performing Zacks #1 Rank ("strong buy") stocks. The stocks on the prestigious list with the highest returns last week were ASM International N.V. (NASDAQ: ASMI), GMX Resources, Inc. (NASDAQ: GMXR), Metalico, Inc. (AMEX: MEA), Massey Energy Company (NYSE:...
Thomas Weisel Partners Hosts Annual Alternative Energy Conference
Thomas Weisel Partners (NASDAQ: TWPG) (TSX: TWP), a growth sector focused investment bank, will host its AnnualAlternative Energy Conference, June 12 at the Mandarin Oriental Hotel inNew York. Institutional investors and company management will gather forthis one-day conference which will focus on opportunities and challenges inthe Alternative...
Thomas Weisel Partners veranstaltet Jahreskonferenz zu alternativen Energien
Thomas Weisel Partners (NASDAQ: TWPG) (TSX: TWP), eine auf Wachstumssektoren ausgerichtete Anlagebank, veranstaltet am 12. Juni im Mandarin Oriental Hotel in New York ihre Jahreskonferenz zu alternativen Energien. An dieser eintägigen Konferenz, die sich ganz auf die Chancen und Herausforderungen der alternativen Energiebranche im Jahre 2008 und danach...
Metalico CEO to Speak at Thomas Weisel Energy Conference
Carlos E. Agüero, Chairman and CEO ofMetalico, Inc. (AMEX: MEA), will present at the Thomas Weisel PartnersAlternative Energy Conference in New York City on June 12, 2008. Mr.Agüero's presentation, which will begin at 2:40 p.m., will include acorporate overview and growth strategies. Interested parties may access the...
'Boomerangers' land back in the work force
SALINA - When Neal Schwartz retired in 2003, he figured his working days weren't over. He was right. Schwartz, 67, of DeWitt, is now a customer-service representative for Suburban Propane, working in the call center weekdays from 6 a.m. to noon. Why does he do it? ...
Zacks #1 Rank Top Performers: Sun Hydraulics, W&T Offshore, Metalico, Encore Acquisition and Comstock Resources
CHICAGO -- Zacks.com announces the latest list of top performing Zacks #1 Rank ("strong buy") stocks. The stocks on the prestigious list with the highest returns last week were Sun Hydraulics Corporation (NASDAQ: SNHY), W&T Offshore, Inc. (NYSE: WTI), Metalico, Inc. (AMEX: MEA), Encore Acquisition Company (NYSE: EAC) and Comstock...
Zacks Releases Four "Strong Buy" or "Buy" Stocks: Parker Hannifin Corporation, Raytheon Co., Genco Shipping and Trading Ltd. and Metalico
CHICAGO -- Four free stock picks are being made available today on Zacks.com. The industry's leading independent research firm highlights a Zacks #1 Rank Strong Buy stock or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum, and...
Metalico Completes Placement, Snyder Group Purchase
Metalico, Inc. (AMEX: MEA), a rapidly growingscrap metal recycler and lead fabricator, today announced it has completedits previously announced private placement of $100 million in convertiblenotes and has used a portion of the proceeds to acquire the assets of theSnyder Group, a multi-yard fully integrated scrap metal recycling operationin Western...
Metalico Reports Record First Quarter Earnings
Metalico, Inc. (AMEX: MEA) today reported itsbest quarter ever, with sharp increases in revenues, operating income andnet income for the first quarter of 2008. Net income for the quarter ended March 31, 2008 was $6.1 million or $0.20per share on a diluted basis on sales of $170.5 million (beforediscontinued operations...
Metalico Secures $100 Million Private Placement, Agrees to Pennsylvania Acquisition
Metalico, Inc. (AMEX: MEA), a rapidly growingscrap metal recycler and lead fabricator, today announced it has enteredinto a definitive purchase agreement with institutional accreditedinvestors to raise $100 million of gross proceeds in a private placement of7% notes which are convertible into shares of Metalico's common stock andwarrants which are exercisable...
Metalico Schedules April 24 Call for First Quarter Results
Metalico, Inc. (AMEX: MEA), a scrap metalrecycler and lead products fabricator, will host a conference call onThursday, April 24, 2008 at 10:00 a.m. Eastern time to discuss FirstQuarter 2008 earnings results, which are scheduled for release earlier thatday, and to provide an update on business developments. The conference call can...
Metalico Completes Private Placement
Metalico, Inc. (AMEX: MEA), a rapidly growingscrap metal recycler and lead fabricator, today announced it has completedits previously announced private placement of its common stock withinstitutional investors, raising $28,750,000 of gross proceeds. Inconnection with the private placement, Metalico issued an aggregate of2,923,077 shares of common stock at a price...
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- Incorporated: 1997
- CEO: Mr. Carlos E. Agüero
Metalico operates in two business segments: ferrous and non-ferrous scrap metal recycling as well as lead product fabricating. Co.'s ferrous products primarily include sheared and bundled scrap metal and other scrap metal, such as turnings and busheling and broken cast iron. In addition, Co. sorts, processes and packages non-ferrous metals, which include aluminum, copper, stainless steel, brass, nickel-based alloys and high-temperature alloys, using similar techniques and application of its technologies. Co.'s operating facilities as of Dec 31 2007 included 11 scrap metal recycling facilities and an aluminumde-ox plant as well as five lead product manufacturing and fabricating plants.
Key Competitors
Metalico Inc. Company Info
Board of Directors
Mr. Carlos E. Agüero
Chairman
Mr. Michael J. Drury
Mr. Earl B. Cornette
Mr. Bret R. Maxwell
Mr. Walter H. Barandiaran
Mr. Paul A. Garrett
Contact Information
186 North Avenue East
Cranford, NJ
908 497-9610