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Latest Stainless & Alloy Products Inc. Stories

2008-11-10 18:00:15

BRIDGEVILLE, Pa., Nov. 10, 2008 (GLOBE NEWSWIRE) -- In its quarterly report on Form 10-Q filed today, Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) updated its business outlook for the fourth quarter of 2008 previously reported in its earnings release and 8-K filing of September 23, 2008. In updating its outlook, the Company confirmed its forecast of consolidated sales in the range of $45 to $55 million, including sales of $10 to $12 million from its Dunkirk Special Steel...

2008-10-23 09:00:27

BRIDGEVILLE, Pa., Oct. 23, 2008 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) reported today that sales for the third quarter of 2008 were $57.6 million compared with $62.0 million in the third quarter of 2007. Net income for the third quarter of 2008 was $2.7 million, or $0.40 per diluted share, and included a charge of $586,000, equivalent to $0.06 per diluted share, for the relocation of the Company's round bar finishing line from its Bridgeville facility...

2008-10-15 09:00:26

BRIDGEVILLE, Pa., Oct. 15, 2008 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) confirmed today that it will report third quarter 2008 financial results on Thursday, October 23, 2008. In conjunction with the earnings release, the Company will host a conference call at 10:00 a.m. (Eastern) on October 23rd. The call will be broadcast simultaneously for all interested parties over the Internet. Listeners can access the conference call live over the Internet at...

2008-10-08 09:00:00

BRIDGEVILLE, Pa., Oct. 8, 2008 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) announced today that it has reached a new 5-year collective bargaining agreement with the hourly employees at its Bridgeville facility represented by Local 9531 of the United Steelworkers. The new contract maintains the flexible work rule terms and profit sharing incentives contained in the prior agreement The Company also reported that it now expects third quarter 2008 sales to...

2008-09-15 12:00:25

BRIDGEVILLE, Pa., Sept. 15, 2008 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) reported today that it has agreed with Local 9531 of the United Steelworkers to continue operations at the Company's Bridgeville facility while negotiations of a mutually acceptable labor agreement continue. The previously announced continuance of the collective bargaining agreement covering the hourly employees at the facility expired on September 12. The employees are working...

2008-09-05 09:00:27

BRIDGEVILLE, Pa., Sept. 5, 2008 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) today announced the schedule of conference presentations to be made by management in September. The slide presentation for all of these conferences will be posted on the Company's website beginning on September 10th at 5:30 p.m. (Eastern). Thursday, September 11th KeyBanc Capital Markets 2008 Basic Materials and Packaging Conference, Boston Tuesday, September 16th...

2008-09-02 09:00:30

BRIDGEVILLE, Pa., Sept. 2, 2008 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) reported today that it has agreed with Local 9531 of the United Steelworkers to a two-week continuance of the collective bargaining agreement covering the hourly employees at the Company's Bridgeville facility. The continuance provides additional time to negotiate a mutually acceptable labor agreement. During the continuance, the employees will work under the terms and conditions...

2008-07-24 09:00:56

Record Sales of $63.5 Million and Diluted EPS of $0.77 Exceed Forecast Backlog Rises 10 Percent to $97 Million BRIDGEVILLE, Pa., July 24, 2008 (PRIME NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) reported today that sales for the second quarter of 2008 were $63.5 million compared with $62.1 million reported in the second quarter of 2007. Net income for the second quarter of 2008 was $5.3 million, or $0.77...

2008-07-07 09:00:47

BRIDGEVILLE, Pa., July 7, 2008 (PRIME NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) announced today that it will report second quarter 2008 financial results on Thursday, July 24, 2008. In conjunction with the earnings release, the Company will host a conference call at 10:00 a.m. (Eastern) on July 24th. The call will be broadcast simultaneously for all interested parties over the Internet. Listeners can access the conference call live over the Internet at...

2008-06-27 09:02:54

BRIDGEVILLE, Pa., June 27, 2008 (PRIME NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) today announced base price increases of 5% to 7% on all tool steel products manufactured at its Bridgeville and Dunkirk facilities. The increase will be effective with all new orders entered on July 1, 2008. Current material and energy surcharges will remain in effect. Chris Zimmer, Vice President of Sales and Marketing, commented, "The price adjustment is necessary to offset the...


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