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Synalloy Corp (SYNL.OQ)

SYNL.OQ on NASDAQ Stock Exchange Global Market

19.26USD
22 Oct 2018
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Latest Key Developments (Source: Significant Developments)

Synalloy’S Specialty Chemicals Group Awarded $7 Million In New Business
Monday, 23 Apr 2018 

April 23 (Reuters) - Synalloy Corp ::SYNALLOY’S SPECIALTY CHEMICALS GROUP AWARDED $7 MILLION IN NEW BUSINESS.SYNALLOY CORP SAYS ITS SPECIALTY CHEMICALS GROUP HAS BEEN SELECTED BY A GLOBAL CHEMICAL COMPANY TO MANUFACTURE A PRODUCT LINE FOR CONSTRUCTION MARKET.  Full Article

Synalloy reports Q3 sales $54.6 million
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Synalloy Corp :Synalloy reports third quarter 2017 results: strengthening demand spurs strong sales and profitability growth.Q3 adjusted earnings per share $0.10.Q3 loss per share $0.14 from continuing operations.Q3 sales $54.6 million.Synalloy Corp - Holding adjusted EBITDA forecast for 2017 at $17 million​.  Full Article

Synalloy increases ABL credit facility from $45 mln to $65 mln
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Synalloy Corp ::Synalloy increases ABL credit facility from $45.0 million to $65.0 million.  Full Article

Synalloy Corp acquires 3 pct ownership in Universal Stainless & Alloy Products
Thursday, 29 Jun 2017 

June 29 (Reuters) - Synalloy Corp : :Synalloy announces ownership position in Universal Stainless.Synalloy Corp- Acquired a 3% ownership position in Universal Stainless & Alloy Products, Inc..Synalloy Corp- Has presented Universal Stainless Board of Directors with an initial proposal to merge two companies.Synalloy Corp- Universal Stainless board stated pursuit of business combination with Synalloy "not in best interest of company and its shareholders".  Full Article

Synalloy reports Q4 adj loss per share of $0.17
Tuesday, 14 Mar 2017 

Synalloy Corp : Synalloy reports fourth quarter 2016 results: moderated declines year over year and increased 4th quarter activity points to building recovery . Q4 adjusted loss per share $0.17 . Q4 loss per share $0.17 from continuing operations . Q4 sales $33.1 million . Q4 adjusted loss per share $0.17 from continuing operations . Sees 2017 plan calls for total company revenue of $184 million, with metals segment contributing $129 million and chemicals segment generating $55 million . Net income for 2017 is estimated to be approximately $4.3 million .Sees adjusted EBITDA for company is projected at approximately $16.3 million for 2017.  Full Article

Synalloy unit to fund Marcegaglia USA deal with $45 mln asset based line of credit
Tuesday, 13 Dec 2016 

Synalloy Corp :To fund acquisition of stainless steel pipe,tube operations of Marcegaglia USA with draw against its $45 mln asset based line of credit-sec filing.  Full Article

Synalloy Corp to acquire the stainless steel pipe and tube operations of Marcegaglia USA
Tuesday, 13 Dec 2016 

Synalloy Corp : Purchase price for transaction, which excludes real estate and certain other assets, is expected to range between $15-$16 million . Synalloy Corp - agreement will be structured as an asset purchase and will exclude galvanized product and ornamental tubing products .Synalloy corporation signs definitive agreement to acquire the stainless steel pipe and tube operations of Marcegaglia USA.  Full Article

BRIEF-Synalloy Reports Q1 Adjusted Earnings Per Share Of $0.49

* SYNALLOY REPORTS FIRST QUARTER 2018 RESULTS: RECORD FIRST QUARTER REVENUE AND NET INCOME