Quantcast

Latest L.B. Foster Company Stories

2010-12-15 18:33:00

PITTSBURGH, Dec. 15, 2010 /PRNewswire-FirstCall/ -- L.B. Foster Company ("L.B. Foster") (Nasdaq: FSTR) today announced that the United States District Court for the District of Columbia signed the Hold Separate Stipulation and Order and that L.B. Foster's direct wholly-owned subsidiary, Foster Thomas Company, has completed its cash tender offer for Portec Rail Products, Inc. ("Portec") (Nasdaq: PRPX). The tender offer for all of the outstanding shares of Portec expired at 5:00 p.m., New...

2010-12-14 14:11:00

PITTSBURGH, Dec. 14, 2010 /PRNewswire-FirstCall/ -- L.B. Foster Company ("L.B. Foster") (Nasdaq: FSTR) and Portec Rail Products, Inc. ("Portec") (Nasdaq: PRPX) today announced that the Department of Justice ("DOJ") has issued their final approval of and entered into an agreement with L.B. Foster and Portec relating to L.B. Foster's acquisition of Portec and the sale of certain assets related to Portec's rail joint business primarily located at Portec's Huntington, WV plant. The DOJ has...

2010-12-09 17:42:00

PITTSBURGH, Dec. 9, 2010 /PRNewswire-FirstCall/ -- L.B. Foster Company ("L.B. Foster", Nasdaq: FSTR) and Portec Rail Products, Inc. ("Portec", Nasdaq: PRPX) , announce the signing of an Asset Purchase Agreement ("APA") with Koppers, Inc., a wholly-owned subsidiary of Koppers Holdings Inc. ("Koppers", NYSE: KOP). Koppers will purchase the assets of Portec's rail joint business primarily located at Portec's Huntington, WV Plant. Revenues for this business in 2010 are estimated at...

2010-11-15 15:20:00

PITTSBURGH, Nov. 15, 2010 /PRNewswire-FirstCall/ -- L.B. Foster Company ("L.B. Foster", Nasdaq: FSTR) today announced that it is extending its previously announced cash tender offer, through its wholly-owned subsidiary Foster Thomas Company, for all outstanding shares of common stock of Portec Rail Products, Inc., until 5:00 p.m., New York City time, on December 15, 2010. The tender offer was previously set to expire at midnight, New York City Time on November 15, 2010. As of November 12,...

2010-10-26 07:12:00

PITTSBURGH, Oct. 26 /PRNewswire-FirstCall/ -- L.B. Foster Company (Nasdaq: FSTR), a leading manufacturer, fabricator, and distributor of products and services for rail, construction, energy and utility markets, today reported that 2010 third quarter net income increased by 6.0% to $6.5 million or $0.63 per diluted share, compared to $6.1 million or $0.60 per diluted share in the third quarter of 2009. The prior year third quarter results included a pretax gain on the sale of marketable...

2010-10-19 15:36:00

PITTSBURGH, Oct. 19 /PRNewswire-FirstCall/ -- L.B. Foster Company (Nasdaq: FSTR) today announced that it will broadcast a conference call to discuss its third quarter 2010 operating results on Tuesday, October 26, 2010 at 11:00 am Eastern Time. The Company plans to release its results that same day before the market opens. The call will be hosted by Mr. Stan Hasselbusch, President and Chief Executive Officer. You are invited to listen to our presentation live over the internet by...

2010-09-28 10:32:00

PITTSBURGH, Sept. 28 /PRNewswire/ -- L.B. Foster Company (Nasdaq: FSTR) of Pittsburgh, PA is providing new roadway decking and bridge railing for the Brooklyn and Manhattan approach ramps to the famed Brooklyn Bridge. The $10 million contract will include more than 170,000 square feet of steel grid deck and 13,000 linear feet of steel railing. These fabricated materials are being manufactured at L.B. Foster's Bedford, PA facility and expect to complete shipments by the end of 2011. The...

2010-08-30 19:00:00

PITTSBURGH, Aug. 30 /PRNewswire-FirstCall/ -- L.B. Foster Company ("L.B. Foster", Nasdaq: FSTR) and Portec Rail Products, Inc. ("Portec", Nasdaq: PRPX) today announced that they have executed a second amendment (the "Second Amendment") to the Agreement and Plan of Merger dated February 16, 2010 ("Merger Agreement"), which was initially amended on May 13, 2010. Pursuant to the Second Amendment, L.B. Foster and Portec agreed to extend the "drop dead" date of the Merger Agreement from August...

2010-08-13 13:23:00

PITTSBURGH, Aug. 13 /PRNewswire-FirstCall/ -- CXT, Inc., a wholly owned subsidiary of L.B. Foster Company (Nasdaq: FSTR) of Pittsburgh, PA has been awarded a contract by City of Calgary Light Rail Transit (LRT) to supply 14,500 CXT Concrete Ties and fastening systems for use in the construction of line extensions to expand the system to the Northwest and Northeast of Calgary, Alberta. CXT Concrete Ties began shipping for this project in June from L.B. Foster's Spokane, WA facility and will...

2010-08-05 09:26:00

PITTSBURGH, Aug. 5 /PRNewswire-FirstCall/ -- L.B. Foster Company (Nasdaq: FSTR) of Pittsburgh, PA was awarded a $5.3 million contract by the Northern New England Passenger Rail Authority (NNEPRA) to supply 5,561 tons of rail for the Downeaster-Portland North Project. NNEPRA is using a $35 million grant from the American Recovery and Reinvestment Act to help fund the project's 26.4 mile track rehabilitation and expansion between Portland and Brunswick, Maine. The new Downeaster line will...


Word of the Day
mundungus
  • A stinking tobacco.
  • Offal; waste animal product; organic matter unfit for consumption.
This word comes from the Spanish 'mondongo,' tripe, entrails.