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Latest Valmont Industries Inc. Stories

2014-07-17 20:20:20

Highlights: OMAHA, Neb., July 17, 2014 /PRNewswire/ -- Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure and mechanized irrigation equipment for agriculture, reported second quarter sales of $842.6 million compared with $878.7 million for the same period of 2013. Second quarter 2014 operating income was $104.8 million versus $144.3 million in 2013. Second quarter net income was $64.0 million versus $89.6...

2014-07-11 00:20:16

OMAHA, Neb., July 10, 2014 /PRNewswire/ -- Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure and mechanized irrigation equipment for agriculture, will hold its Second Quarter Earnings Conference Call on Friday, July 18, 2014 beginning at 8:00 a.m. CDT. An audio discussion of Valmont's second quarter results by Mogens C. Bay, Chairman and Chief Executive Officer and Mark C. Jaksich, Executive Vice President and Chief...

2014-06-24 20:20:36

OMAHA, Neb., June 24, 2014 /PRNewswire/ -- Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure and mechanized irrigation equipment for agriculture, today commented on its 2014 earnings outlook. In the Utility Support Structures Segment, the mix and timing of projects currently provide less favorable profits than what we have seen in recent years and less than our prior expectations for this year. We now expect...

2014-06-03 20:22:06

OMAHA, Neb., June 3, 2014 /PRNewswire/ -- Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure and mechanized irrigation equipment for agriculture, announced today the hiring of Timothy Francis as Vice President and Corporate Controller/Chief Accounting Officer reporting to Valmont's Executive Vice President and CFO, Mark Jaksich, effective June 3, 2014. Mr. Francis most recently served as Chief Financial Officer...

2014-05-13 20:24:10

Board Approves $500 Million Share Repurchase Program and Increases Annual Dividend by 50% to $1.50/share OMAHA, Neb., May 13, 2014 /PRNewswire/ -- Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure and mechanized irrigation equipment for agriculture, today announced that its Board of Directors has adopted a capital allocation philosophy. "Valmont has achieved record results over the past several years, as well as completing a...

2014-05-07 20:20:39

OMAHA, Neb., May 7, 2014 /PRNewswire/ -- Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure and mechanized irrigation equipment for agriculture, announced today that its board of directors has promoted Vik Bansal to the newly created position of President and Chief Operating Officer of Valmont. The appointment is effective July 1, 2014. Bansal will become responsible for the daily operations of Valmont and will be...

2014-04-22 20:20:21

Highlights: OMAHA, Neb., April 22, 2014 /PRNewswire/ -- Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure and mechanized irrigation equipment for agriculture, reported first quarter sales of $751.7 million compared with $819.6 million for the same period of 2013. First quarter 2014 operating income was $98.8 million versus $118.2 million in 2013. First quarter diluted earnings per share were $2.08 compared...

2014-04-10 16:24:56

OMAHA, Neb., April 10, 2014 /PRNewswire/ -- Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure, and mechanized irrigation equipment for agriculture, announced today that Valmont's Coatings Division was honored with two Awards for Excellence in Hot Dip Galvanizing. The Valmont Coatings Division was also awarded the American Galvanizing Association's (AGA) "Most Distinguished" honor for the San Diego Central Library...

2014-03-11 00:21:59

OMAHA, Neb., March 10, 2014 /PRNewswire/ -- The Board of Directors of Valmont Industries, Inc. (NYSE: VMI) has declared a quarterly dividend of 25.0 cents per share payable on April 15, 2014 to shareholders of record on March 28, 2014. The dividend indicates an annual rate of $1.00 per share. Valmont is the global leader in designing and manufacturing poles, towers and structures for lighting and traffic, wireless communication and utility markets, industrial access systems, highway...

2014-03-03 20:21:46

OMAHA, Neb., March 3, 2014 /PRNewswire/ -- Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure and mechanized irrigation equipment for agriculture, announced today that it has acquired privately-held DS SM A/S, a market leader in Northern Europe for the manufacture of heavy complex steel structures for a diverse range of industries including wind energy, offshore oil and gas, and electricity transmission. The Company, which...


Word of the Day
barratry
  • The offense of persistently instigating lawsuits, typically groundless ones.
  • An unlawful breach of duty on the part of a ship's master or crew resulting in injury to the ship's owner.
  • Sale or purchase of positions in church or state.
This word ultimately comes from the Old French word 'barater,' to cheat.
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