Key Developments: L.B. Foster Co (FSTR.OQ)
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Latest Key Developments (Source: Significant Developments)
L. B. Foster Co Declares Quarterly Dividend
L. B. Foster Co announced that its Board of Directors has authorized a $0.03 per share regular quarterly cash dividend on its issued and outstanding shares of common stock. The dividend is payable on September 20, 2013 to shareholders of record at the close of business on September 6, 2013. Full Article
L. B. Foster Co Declares Quarterly Dividend
L. B. Foster Co announced that Board of Directors has authorized a $0.03 per share regular quarterly cash dividend on its issued and outstanding shares of common stock. The dividend is payable June 21, 2013 to shareholders of record at the close of business on June 7, 2013. Full Article
L. B. Foster Co Increases Quarterly Dividend
L. B. Foster Co announced today that its Board of Directors has authorized a $0.03 per share regular quarterly cash dividend on its issued and outstanding shares of common stock which represents a 20% increase over the prior year quarterly dividend paid. The dividend is payable Friday, March 29, 2013 to shareholders of record at the close of business on March 15, 2013. Full Article
L. B. Foster Co Issues FY 2013 Revenue Guidance In Line With Analysts' Estimates-Conference Call
L. B. Foster Co announced that for fiscal 2013, it expects top-line growth to be between 5% and 6.5%. The Company reported revenue of $589 million in fiscal 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $630 million for fiscal 2013. Full Article
L. B. Foster Co And Union Pacific Railroad Agree To Multi Year Contract Extension
L. B. Foster Co announced that it has agreed on a multi-year contract extension with the Union Pacific Railroad (UPRR) for the supply of prestressed concrete railroad ties from its Tucson, AZ facility. The previous supply contract was set to expire on December 31 , 2012. The extension of this contract represents significant value for L.B. Foster Company and will help it to fund additional engineering and development of concrete tie design for the rail industry. For many years, the CXT brand has been recognized as a leader in this industry. During 2012, CXT Concrete Ties was recognized as a finalist for Plant of the Year award by IndustryWeek . Full Article
L. B. Foster Co Declares Quarterly Dividend
L. B. Foster Co announced that its Board of Directors has authorized a $0.025 per share regular quarterly cash dividend on its issued and outstanding shares of common stock, payable December 21, 2012 to shareholders of record at the close of business on December 7, 2012. Full Article
L. B. Foster Co Announces Sale Of Precise Structural Products
L. B. Foster Co announced the completion of the sale of Precise Structural Products to Cianbro Fabrication and Coating Corporation. Terms of the transaction were not disclosed. Precise Structural Products is engaged in manufacturing fabricated steel products for the highway, bridge, transit and construction markets and providing custom fabrication and related services including welding, sawing, cambering, blasting and painting. Full Article
L. B. Foster Co. Declares Quarterly Dividend
L. B. Foster Co. announced that its Board of Directors has authorized a $0.025 per share regular quarterly cash dividend on its issued and outstanding shares of common stock, payable September 21, 2012 to shareholders of record at the close of business on September 7, 2012. Full Article
L. B. Foster Co. Receives 60 Million Kiewit/Kobayashi, Joint Venture Honolulu Rail Contract
L. B. Foster Co. announced that it has been awarded rail products contract, valued at approximately $60 million, by contractor Kiewit/Kobayashi, a Joint Venture for the county-wide construction of the Honolulu Authority for Rapid Transportation (HART) passenger transit system. L.B. Foster rail, concrete ties, direct fixation fasteners, third rail with accessories and special trackwork will be installed throughout the Honolulu Rail Transit Project's new elevated railway system and maintenance yard. Full Article
L. B. Foster Co. Completes Sale Of Railway Securement Business To Holland, L.P
L. B. Foster Co. announced the completion of the sale of its railway securement business to Holland, L.P. Terms of the transaction were not disclosed. L.B. Foster acquired the shipping systems division as part of its acquisition of Portec Rail Products, Inc. in December 2010. Full Article

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