Latest Fushi Copperweld Inc. Stories
BEIJING, Dec. 27, 2012 /PRNewswire/ -- Fushi Copperweld, Inc. ("Fushi" or the "Company") (NASDAQ: FSIN) announced today the completion of the transaction contemplated by the Agreement and Plan of Merger dated as of June 28, 2012 (the "Merger Agreement"), among the Company, Green Dynasty Limited ("Green Dynasty"), Green Dynasty Acquisition, Inc. ("Merger Sub"), and Green Dynasty Holdings Limited, pursuant to which the Company became a wholly-owned subsidiary of Green Dynasty, an...
BEIJING, Dec. 17, 2012 /PRNewswire/ -- Fushi Copperweld, Inc. ("Fushi Copperweld" or the "Company"; NASDAQ: FSIN), the leading global manufacturer and innovator of copper-clad bimetallic wire used in a variety of telecommunication, utility, transportation and other electrical applications, today issued the following update with respect to the Agreement and Plan of Merger, dated as of June 28, 2012 (the "Merger Agreement"), among the Company, Green Dynasty Limited ("Green...
BEIJING, Dec. 11, 2012 /PRNewswire/ -- Fushi Copperweld, Inc. ("Fushi Copperweld" or the "Company"; NASDAQ: FSIN), the leading global manufacturer and innovator of copper-clad bimetallic wire used in a variety of telecommunication, utility, transportation and other electrical applications, announced today that Fushi Copperweld stockholders voted at a special meeting of stockholders to approve, among other things, the Agreement and Plan of Merger dated as of June 28, 2012 (the "Merger...
BEIJING, Nov. 9, 2012 /PRNewswire-FirstCall/ -- Fushi Copperweld, Inc. (Nasdaq: FSIN), the leading global manufacturer and innovator of copper-clad bimetallic wire used in a variety of telecommunication, utility, transportation and other electrical applications, today announced financial results for the third quarter ended September 30, 2012. Third Quarter 2012 Results Revenues were $72.6 million compared to $74.3 million in the year ago period; Gross profit was $18.9 million, or...
BEIJING, Oct. 19, 2012 /PRNewswire/ -- Fushi Copperweld, Inc. ("Fushi" or the "Company") (NASDAQ: FSIN) announced today that it has filed its definitive proxy materials with the Securities and Exchange Commission ("SEC"), in connection with the Agreement and Plan of Merger (the "Merger Agreement"), dated June 28, 2012, between the Company and entities affiliated with its Chairman and Co-Chief Executive Officer, Mr. Li Fu and Abax Global Capital (Hong Kong) Limited ("Abax"). A...
BEIJING, Aug. 9, 2012 /PRNewswire-Asia/ -- Fushi Copperweld, Inc. (Nasdaq: FSIN), the leading global manufacturer and innovator of copper-clad bimetallic wire used in a variety of telecommunication, utility, transportation and other electrical applications, today announced financial results for the second quarter ended June 30, 2012. Second Quarter 2012 Results Revenues were $77.3 million compared to $79.0 million in the year ago period; Gross profit was $19.8 million, or 25.7%...
BEIJING, Aug. 2, 2012 /PRNewswire-Asia/ -- Fushi Copperweld Inc., ("Fushi" or the "Company") (Nasdaq: FSIN), the leading global manufacturer and innovator of copper-clad bimetallic wire for the telecommunications, electrical utility, automotive and other industries, today announced a partnership with Dynext S.r.l., that will serve as the company's sales and innovation arm for the European and North African markets. Headquartered in Milan, Italy, Dynext's core focus will be the...
BEIJING, June 28, 2012 /PRNewswire-Asia-FirstCall/ -- Fushi Copperweld, Inc. ("Fushi" or the "Company") (Nasdaq: FSIN) today announced that it has entered into an Agreement and Plan of Merger (the "Merger Agreement") with entities affiliated with its Chairman and Co-Chief Executive Officer, Mr. Li Fu, and Abax Global Capital (Hong Kong) Limited ("Abax"), at a price of $9.50 per share in cash. Under the terms of the Merger Agreement, each share of the Company's common stock that is...
BEIJING, May 3, 2012 /PRNewswire-Asia-FirstCall/ -- Fushi Copperweld, Inc. (Nasdaq: FSIN), the leading global manufacturer and innovator of copper-clad bimetallic wire used in a variety of telecommunication, utility, transportation and other electrical applications, today announced financial results for the first quarter ended March 31, 2012. First Quarter 2012 Results Revenues were $62.1 million compared to $65.9 million in the year ago period; Gross profit was $16.4 million, or...
BEIJING, April 25, 2012 /PRNewswire-Asia-FirstCall/ -- Fushi Copperweld Inc. (the "Company") (Nasdaq: FSIN), the leading global manufacturer and innovator of copper-clad bimetallic wire used in a variety of telecommunication, utility, transportation and other electrical applications, today announced that management will host a conference call to report the Company's 2012 first quarter financial results on May 3, 2012 at 8:30am ET. To access the conference call, please dial one of the...
