PORTLAND, Ore. -- Schnitzer Steel Industries, Inc. (NASDAQ: SCHN), in conjunction with its third quarter earnings release to be made before the market opens on July 1, 2008, invites you to listen to its conference call that will be broadcast over the Internet Tuesday, July 1, 2008 at 11:30 a.m....
To: LEGAL AFFAIRS EDITORSContact: U.S. Department of Justice, +1-202-514-2008 TDD +1-202- 14-1888 WASHINGTON, June 29 /PRNewswire-USNewswire/ -- Si Chan Wooh, a former senior officer of SSI International, Inc., a wholly-owned subsidiary of Schnitzer Steel Industries Inc. until 2006, has pleaded guilty to conspiracy to violate the Foreign Corrupt Practices Act...
To: National DeskContact: U.S. Department of Justice, 202-514-2008; 202-514-1888 TDD; Web: http://WWW.USDOJ.GOVWASHINGTON, Oct. 16 /U.S. Newswire/ -- SSI International Far East Ltd. SSI Korea, a wholly owned subsidiary of Schnitzer Steel Industries Inc., has entered a guilty plea before U.S. District Judge Garr King at U.S. District Court in Portland,...
To: National DeskContact: The U.S. Department of Justice, 202-514-2008 or 202-514- 1888 TDD; Web: http://www.usdoj.govWASHINGTON, Oct. 16 /U.S. Newswire/ -- SSI International Far East Ltd. SSI Korea, a wholly owned subsidiary of Schnitzer Steel Industries Inc., has entered a guilty plea before U.S. District Judge Garr King at U.S. District...
PORTLAND, Ore. -- Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) today announced that its Board of Directors has taken the following actions: --Amended the Company's Bylaws: to establish a classified Board of Directors, with approximately one-third of the Directors being elected at each annual meeting; to establish certain new procedures...
By Brent Hunsberger, The Oregonian, Portland, Ore. Knight Ridder/Tribune Business News May 6--Schnitzer Steel Industries Inc., which became a Wall Street favorite in the past year as a supplier of recycled steel to China, announced Wednesday that it's exploring the possible sale...
PORTLAND, Ore. and HOUSTON--BUSINESS WIRE--Oct. 7, 1996-- Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) and Proler International Corp. (NYSE:PS) announced today that Schnitzer and Proler have received a second request for additional information from the U.S. Department of Justice with respect to their filings under the Hart-Scott-Rodino Antitrust Improvement Act of...
PORTLAND, Ore.--BUSINESS WIRE--Oct. 7, 1996--Schnitzer Steel Industries Inc. (NASDAQ:SCHN) and Proler International Corp. (NYSE:PS) announced today that Schnitzer and Proler have received a second request for additional information from the U.S. Department of Justice with respect to their filings under the Hart-Scott-Rodino Antitrust Improvement Act of 1976 for the acquisition...
HOUSTON--BUSINESS WIRE--Sept. 26, 1996--Proler International Corp. (NYSE:PS) today announced the commencement of litigation between Proler and Hugo Neu Corporation ("Hugo Neu"). Proler's scrap metals business is conducted primarily through joint ventures in which Proler and Hugo Neu are both owners.As previously announced, on September 15, 1996, Proler and Schnitzer...
Stockerblog submits: When you think of Oregon, you don't normally think of the stock market. However, Portland is the home of a couple of well known Fortune 500 companies. Here are some interesting facts about Oregon:1. Oregon has no sales tax.2. It produces 95% of the domestic hazelnuts in...
A fall in scrap metal prices has scared investors away from Schnitzer Steel Industries SCHN, pushing the metal-recycler's share price down by more than 50%, to $58.30 as of Friday's close. Concerns about slowing growth in emerging markets have not helped either. But Barron's Christopher Williams says Schnitzer is far...
Question-and-Answer Session Operator Operator Instructions Our first question will come from the line of John Rogers with D.A. Davidson. Please proceed. John Rogers – D.A. Davidson & Co. First on the scrap business how far out are you selling now into the export market? John...
Question-and-Answer SessionOperator Operator Instructions And your first question comes from the line of John Rogers with D.A. Davidson. Please proceeds. John Rogers - D.A. Davidson Hi, good morning. Greg Witherspoon Good Morning. Welcome. John Rogers - D.A. Davidson A couple of quick things, first of all, Greg, you mentioned...
Question-and-Answer Session Operator Operator Instructions Our first question will come from the line of John Rogers of D.A. Davidson. Please proceed. John Rogers - D.A. Davidson & Co. Good morning. I was curious -- first of all, on the GreenLeaf, the operation you opened in New Jersey, is that...
Asif Suria submits: The tremors from the failure of Lehman Brothers LEH are still being felt across the globe in what I feel might be last act in the financial meltdown we have experienced this year. As I read the announcement of Lehman's decision to declare bankruptcy on Sunday...
PORTLAND, Ore. -- Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) announced today that Tamara L. Lundgren, previously Executive Vice President and Chief Operating Officer of the Company, was elected President and Chief Executive Officer and a director by the Company's board of directors at its meeting on October 29, 2008. Both...
PORTLAND, Ore. -- The Board of Directors of Schnitzer Steel Industries, Inc. (Nasdaq:SCHN) declared a cash dividend of $0.017 per common share, payable on December 1, 2008, to shareholders of record on November 17, 2008. Schnitzer has paid a dividend every quarter since going public in November 1993. ...
PORTLAND, Ore. -- Schnitzer Steel Industries, Inc. (Nasdaq:SCHN) announced today that, as anticipated, the Company received a Nasdaq Staff Deficiency Letter on October 30, 2008 indicating that the Company was not in compliance with the independent director requirement for continued listing set forth in Marketplace Rule 4350c(1), which requires that...
PORTLAND, Ore. -- Schnitzer Steel Industries, Inc. (Nasdaq:SCHN) today reported record net income of $126 million, or $4.38 per diluted share, for the fiscal fourth quarter ended August 31, 2008. Revenues of $1.3 billion were also a record, marking the first time that quarterly revenues exceeded one billion dollars. Compared...
PORTLAND, Ore. -- Schnitzer Steel Industries, Inc. (NASDAQ:SCHN), in conjunction with its fourth quarter earnings release to be issued before the market opens on October 28, 2008, invites you to listen to its conference call that will be broadcast over the Internet Tuesday, October 28, 2008 at 11:30 a.m. Eastern...