All Releases
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Globe Specialty Metals Appoints Chief Financial Officer
May 13, 2013
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NEW YORK, May 13, 2013 (GLOBE NEWSWIRE) -- Globe Specialty Metals, Inc. (Nasdaq:GSM) today announced that Joseph Ragan has been appointed to Chief Financial Officer effective May 20, 2013.
"We are very pleased to have Joseph Ragan join our senior management team as Chief Financial Officer," said Jeff Bradley, the Company's Chief Executive Offic...
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Globe Specialty Metals Reports Third Quarter Fiscal 2013 Results
May 6, 2013
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Sales of $195.8 million for the third quarter increased 13% over the prior year
Shipments of 69,382 MT for the third quarter increased 14% over the prior year
The Company took an after-tax impairment charge of $43.9 million to write-down several non-core and international assets
The net loss for the third quarter was $40.1 million co...
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Globe Specialty Metals Confirms Lockout at Quebec Plant
May 3, 2013
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NEW YORK, May 3, 2013 (GLOBE NEWSWIRE) -- Globe Specialty Metals, Inc. (Nasdaq:GSM) affiliate, Quebec Silicon Limited Partnership, which operates a 47,000 mt silicon metal plant in Becancour, Quebec, has exercised its right to lockout its union employees.
About Globe Specialty Metals
Globe Specialty Metals, Inc. is among the world's largest...
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Globe Specialty Metals Announces Authorization for Stock Repurchase Plan
May 1, 2013
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NEW YORK, May 1, 2013 (GLOBE NEWSWIRE) -- Globe Specialty Metals, Inc. (Nasdaq:GSM) today announced that its Board of Directors has authorized the repurchase of up to $75 million of its common shares. The share repurchases are expected to be made over an eight-month period. The share repurchases are expected to be made through open market purchases...
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Globe Specialty Metals Schedules Third Quarter Fiscal 2013 Earnings Investor Call for May 7, 2013
May 1, 2013
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NEW YORK, May 1, 2013 (GLOBE NEWSWIRE) --
Date: May 7, 2013
Time: 9:00 AM ET
Listen via Internet: http://investor.glbsm.com/
Schedule this webcast into MS-Outlook calendar (click open when prompted):http://apps.shareholder.com/PNWOutlook/t.aspx?m=59285&k=EFD55F78
Toll-free: (877) 293-5491
International: (914) 495-8526
...
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Globe Specialty Metals Confirms the Initiation of a Canadian Anti-Dumping and Countervailing Duties Action Against Imports of Silicon Metal From China
Apr 22, 2013
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NEW YORK, April 22, 2013 (GLOBE NEWSWIRE) -- Globe Specialty Metals, Inc. (Nasdaq:GSM) (the "Company"), confirms the earlier announcement today of the Canadian Border Services Agency ("CBSA") that CBSA has initiated an anti-dumping and countervailing duties action in response to dumped and subsidized Chinese imports of silicon metal sold into Canad...
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Globe Specialty Metals, Inc. CFO to Depart in August 2013
Mar 20, 2013
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NEW YORK, March 20, 2013 (GLOBE NEWSWIRE) -- Globe Specialty Metals, Inc. (Nasdaq:GSM) (the "Company") today announces that it and Malcolm Appelbaum, Chief Financial Officer of the Company, reached an agreement with respect to Mr. Appelbaum's departing from and transitioning out, of his position as the Company's Chief Financial Officer. Mr. Appelba...
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Globe Specialty Metals Reports Second Quarter Fiscal 2013 Earnings
Feb 7, 2013
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Sales of $179.9 million in the second quarter were up 9% from the prior year
Shipments of 61,972 MT increased 21% from the prior year
EPS of $0.20 is up from $0.18 in the prior year
Adjusted EPS of $0.15 is down from $0.22 in the prior year
GSM declared a $0.0625 per share dividend to be paid on March 25th to shareholders of rec...
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Globe Specialty Metals Schedules Second Quarter Fiscal 2013 Earnings Investor Call for February 8, 2013
Feb 1, 2013
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NEW YORK, Feb. 1, 2013 (GLOBE NEWSWIRE) -- Globe Specialty Metals, Inc. (Nasdaq:GSM) ("GSM") announced today that it will report second quarter fiscal 2013 financial results and will discuss GSM's business outlook on Friday, February 8, 2013. GSM invites all interested persons to participate on its conference call at 9:00 a.m., Eastern Time. The di...
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Globe Specialty Metals, Inc. to Make Dividend Payments
Nov 27, 2012
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NEW YORK, Nov. 27, 2012 (GLOBE NEWSWIRE) -- The Board of Directors of Globe Specialty Metals, Inc. (Nasdaq:GSM) approved a change in the payment date of the Company's previously announced annual quarterly dividend. As a result, it shall pay to the holders of record as of December 17, 2012 in the amount of $.125 per share on December 28, 2012.
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Globe Specialty Metals Reports First Quarter Fiscal 2013 Results
Nov 6, 2012
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Sales of $200.7 million and shipments of 70,030 MT for the first quarter increased 5% over the fourth quarter
Diluted earnings per share on a comparable basis for the first quarter of $0.16 per share compares to $0.17 per share in the fourth quarter
EBITDA on a comparable basis for the first quarter of $31.1 million compares to $32.5 mill...
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Globe Specialty Metals Schedules First Quarter Fiscal 2013 Earnings Investor Call for November 7, 2012
Nov 1, 2012
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NEW YORK, Nov. 1, 2012 (GLOBE NEWSWIRE) -- Globe Specialty Metals, Inc. (Nasdaq:GSM) ("GSM") announced today that it will report first quarter fiscal 2013 financial results and will discuss GSM's business outlook on Wednesday November 7, 2012. GSM invites all interested persons to participate on its conference call at 9:00 a.m., Eastern Time. The d...
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Globe Specialty Metals, Inc. Announces Dividend
Aug 21, 2012
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NEW YORK, Aug. 21, 2012 (GLOBE NEWSWIRE) -- Globe Specialty Metals, Inc. (Nasdaq:GSM) earlier today announced that its Board of Directors has approved an annual dividend of $0.25 per common share, a 25% increase over the prior year. The dividend will be payable quarterly in September, December, March and June. Pursuant to this action, the Board of ...
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Globe Specialty Metals Reports Increased Sequential Quarter Earnings, Record Fiscal 2012 Results and Increases Its Dividend by 25%
Aug 20, 2012
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Net income on a comparable basis for the fourth quarter of $12.9 million increased 5% over the third quarter
EBITDA on a comparable basis for the fourth quarter of $32.5 million increased 10% over the third quarter
Record net income of $54.6 million for fiscal 2012 increased 3% from fiscal 2011
Record EBITDA of $129.1 million for fis...
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Globe Specialty Metals Schedules Fourth Quarter and Full Fiscal Year 2012 Earnings Investor Call for August 21, 2012
Aug 14, 2012
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NEW YORK, Aug. 14, 2012 (GLOBE NEWSWIRE) -- Globe Specialty Metals, Inc. (Nasdaq:GSM) ("GSM") announced today that it will report fourth quarter and full fiscal year 2012 financial results and will discuss GSM's business outlook on Tuesday, August 21, 2012. GSM invites all interested persons to participate on its conference call at 9:00 a.m., Easte...
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Globe Specialty Metals Closes Its Acquisition of Becancour Silicon Metals Inc's 51% Equity Interest in a 47,000 MT Silicon Metal Plant
Jun 14, 2012
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NEW YORK, June 14, 2012 (GLOBE NEWSWIRE) -- Globe Specialty Metals, Inc. (Nasdaq:GSM) (the "Company") today announced the closing of its acquisition of Becancour Silicon Metal Inc's. ("BSI") 51% equity interest in Quebec Silicon Limited Partnership ("QSLP") which owns a 47,000 MT silicon metal plant in Becancour, Quebec, Canada as well as certain l...
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Globe Specialty Metals Closes $300 Million Syndicated Revolving Credit Facility With 14 Banks
Jun 6, 2012
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Refinances $96.5 million of existing debt and closing costs
Provides an additional $203.5 million of borrowing availability, in addition to $140.7 million cash balance at March 31, 2012
Proceeds to be used to fund acquisitions, growth initiatives, stock buy-backs, working capital and for general corporate purposes
Reduces interest ra...
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Globe Specialty Metals Reports Third Quarter and Nine Months Fiscal 2012 Results
May 7, 2012
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Net income attributable to GSM for the nine months of $45.8 million, up $8.5 million from the prior year
Diluted earnings per share for the nine months of $0.60, up from $0.49 per share in the prior year
EBITDA on a comparable basis for the nine months of $108.5 million, up from $84.3 million in the prior year
NEW YORK, May 7, 2012 (G...
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Globe Specialty Metals Schedules Third Quarter Fiscal 2012 Earnings Investor Call for May 7, 2012
May 1, 2012
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NEW YORK, May 1, 2012 (GLOBE NEWSWIRE) -- Globe Specialty Metals, Inc. (Nasdaq:GSM) ("GSM") announced today that it will report third quarter fiscal 2012 financial results and will discuss GSM's business outlook on Monday, May 7, 2012. GSM invites all interested persons to participate on its conference call at 9:00 a.m., Eastern Time. The dial-in n...
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Globe Specialty Metals Announces Its QSI Subsidiary Has Been Declared the Winning Bidder for the Silicon Metal Assets of Becancour Silicon Metal Inc.
Apr 26, 2012
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NEW YORK, April 26, 2012 (GLOBE NEWSWIRE) -- Globe Specialty Metals, Inc. (Nasdaq:GSM) (the "Company") today announced that its subsidiary, QSI Partners Ltd., was declared the winning bidder for certain assets of Becancour Silicon Inc ("BSI") including its 51% ownership interest in Quebec Silicon Limited Partnership which owns a silicon metal plant...
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