International Business News - WOR http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Metal processor Worthington Industries Inc. said Wednesday its board declared a regular quarterly dividend of 17 cents a share. The company said the dividend is payable Dec. 29 to shareholders of record on Dec. 15. http://www.ibtimes.com/articles/20081203/worthington-declares-regular-quarterly-dividend.htm Wed, 03 Dec 2008 19:36:19 EST Metal processor Worthington Industries Inc. said Wednesday that it is writing down the value of about $100 million of its inventory due to the slump in steel pricing. http://www.ibtimes.com/articles/20081203/worthington-writes-down-100-million-of-inventory.htm Wed, 03 Dec 2008 19:06:14 EST Metal processor Worthington Industries Inc. on Monday named B. Andrew Rose as its new chief financial officer. Rose started work Dec. 1, taking over for John S. Christie, who retired in July. http://www.ibtimes.com/articles/20081201/worthington-names-b-andrew-rose-as-finance-chief.htm Mon, 01 Dec 2008 18:11:10 EST Moody's Investors Service on Friday cut its outlook for steel to "Negative" from "Stable" because of weakened economic conditions, declining demand, falling prices and the industry's high costs. http://www.ibtimes.com/articles/20081121/analyst-note-steel-industrys-outlook-dims.htm Fri, 21 Nov 2008 15:10:54 EST Steel prices may fall next year because of weakening demand and lower iron ore and coking coal costs, an analyst warned Monday. Goldman Sachs analyst Sal Tharani said a stronger dollar, falling freight costs and low prices for coking coal and iron ore should boost steel imports over the next few months, forcing the price of steel "to hover close to industry's cash cost." http://www.ibtimes.com/articles/20081117/ahead-of-the-bell-steel-prices-heading-down.htm Mon, 17 Nov 2008 09:35:25 EST Worthington Industries Inc. said Friday it has agreed to sell its 49 percent stake in a steel processing facility to the CLN Group, its partner in the joint venture. http://www.ibtimes.com/articles/20081031/worthington-to-sell-49-percent-steel-plant-stake.htm Fri, 31 Oct 2008 18:33:32 EDT Worthington Industries Inc., a metal processing company, announced Thursday it will reduce its work force by nearly 300 jobs as it struggles with declines in the automotive and construction industries. http://www.ibtimes.com/articles/20081023/worthington-industries-to-cut-nearly-300-jobs.htm Thu, 23 Oct 2008 17:13:42 EDT Among the earnings stories for Wednesday, Sept. 24, from AP Financial News: COLUMBUS, Ohio (AP)--Shares of Worthington Industries Inc. rose in premarket trading Wednesday after the metal-processing company reported late Tuesday its fiscal first-quarter profit more than tripled. http://www.ibtimes.com/articles/20080924/earnings-roundup-worthington-industries.htm Wed, 24 Sep 2008 10:49:40 EDT Shares of Worthington Industries Inc. rose in premarket trading Wednesday after the metal-processing company reported late Tuesday its fiscal first-quarter profit more than tripled. http://www.ibtimes.com/articles/20080924/worthington-reports-profits-tripled-in-1q.htm Wed, 24 Sep 2008 09:24:28 EDT United States Steel Corp. and metal processing company Worthington Industries Inc. announced Tuesday that the two companies have agreed to changes in their joint steel-processing venture in Michigan. http://www.ibtimes.com/articles/20080923/us-steel-worthington-to-modify-joint-venture.htm Tue, 23 Sep 2008 13:57:32 EDT Stocks of steel companies surged Tuesday after U.S. Steel posted sharply higher quarterly earnings, saying it saw record prices for steel and robust demand that it expects will extend into the second half of the year. http://www.ibtimes.com/articles/20080729/sector-wrap-steel-stocks-soar-on-us-steel-2q.htm Tue, 29 Jul 2008 17:22:18 EDT Shares of Worthington Industries Inc. dropped Friday after Wall Street took a negative second look at the metal-processing company's fiscal fourth-quarter results and outlook. http://www.ibtimes.com/articles/20080627/worthington-industries-drops-on-outlook-questions.htm Fri, 27 Jun 2008 14:15:55 EDT The Standard & Poor's MidCap 400 index declined Friday, extending Thursday's drop, as the price of oil soared and shares of American Eagle Outfitters Inc. slipped to a fresh low. http://www.ibtimes.com/articles/20080627/s-p-midcap-400-in-focus-aeo-kwk.htm Fri, 27 Jun 2008 12:49:23 EDT Among the stock activity stories for Thursday, June 26, from AP Financial News: NEW YORK (AP)--Shares of Sprint Nextel Corp. jumped Thursday even as the broader market declined, after the nation's third-largest wireless carrier said its recently launched touch screen smart phone, the Samsung Instinct, broke company sales records in its first week in stores. http://www.ibtimes.com/articles/20080626/movers-roundup-sprint-nextel-nike.htm Thu, 26 Jun 2008 14:41:40 EDT Shares of Worthington Industries Inc. gained Thursday after the metal processing company's fiscal fourth-quarter earnings easily beat Wall Street expectations. http://www.ibtimes.com/articles/20080626/shares-of-worthington-industries-rise-on-earnings.htm Thu, 26 Jun 2008 11:47:35 EDT Among the earnings stories for Thursday, June 26, from AP Financial News: Top stories: http://www.ibtimes.com/articles/20080626/earnings-roundup-conagra-rite-aid.htm Thu, 26 Jun 2008 11:08:01 EDT Metal processing company Worthington Industries Inc. said Thursday its fiscal fourth-quarter earnings jumped 41 percent, beating Wall Street's expectations, led by higher sales in its steel processing and metal framing units. http://www.ibtimes.com/articles/20080626/worthington-industries-4q-profit-leaps-beats-view.htm Thu, 26 Jun 2008 09:22:34 EDT The Standard & Poor's MidCap 400 index edged up during midday trading Tuesday as a multibillion-dollar takeover offer helped offset high oil prices and other negative economic data. http://www.ibtimes.com/articles/20080617/s-p-midcap-400-in-focus-ment-cnb.htm Tue, 17 Jun 2008 12:36:13 EDT John H. McConnell, a steel magnate who was the majority owner of the Columbus Blue Jackets, died Friday, the club said. He was 84. No further details about his death were immediately released. http://www.ibtimes.com/articles/20080425/john-mcconnell-owner-of-columbus-blue-jackets-dies-at-84.htm Fri, 25 Apr 2008 17:57:03 EDT