
16 March (Reuters) - Moody's changes outlook for Ryerson Holding to stable from negative
High steel prices are providing plenty of breathing room for Ryerson Tull.
Ryerson RYI announced Tuesday that it has agreed to be bought out by Platinum Equity for $34.50 per share in cash. The deal is far below
prepared to make a cash and stock offer for Ryerson RYI in the range of $44-$46 per share. Ryerson has acknowledged publicly that it is exploring ..... improvement out of a company as poorly run as Ryerson . A rival bidder could also emerge, especially
Ryerson 's RYI year-end results, released Wednesday ..... operating profit of about 3% of sales. Ryerson noted that under a different inventory ..... full-year results were as expected, Ryerson faced a tough fourth quarter, posting
Partners, a 9.7% shareholder in Ryerson RYI , announced Tuesday that it has nominated ..... seven individuals for election to Ryerson 's board of directors. Harbinger ..... competitively. We agree with Harbinger that Ryerson has consistently underperformed its
Ryerson 's RYI third-quarter results, released Thursday ..... overhang and higher metal costs caused Ryerson 's inventory on hand to increase about ..... firm increases its inventory turns, but Ryerson continually fails to impress us with its
Ryerson 's RYI second-quarter earnings, released Thursday ..... fair value estimate of $26 per share. Ryerson 's cash from operations this quarter was ..... balance during the second half of the year. Ryerson 's operating profit per ton of metal sold
downcycle prediction to 2008. This assumption change also contributed to the increase in our fair value estimate for Reliance and will likely do the same for similar metal processors such as Steel Technologies STTX, Olympic ZEUS, and Ryerson RYI .
to more than $5 billion. This will make Reliance one of the two largest metal processors in the world, alongside Ryerson Tull RYI . Reliance admits that "synergies" are not the primary motive behind this acquisition, or any of its purchases