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Olympic Steel Inc (ZEUS.OQ)

ZEUS.OQ on NASDAQ Stock Exchange Global Select Market

17.10USD
14 Dec 2018
Change (% chg)

$-0.44 (-2.51%)
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Volume
20,253
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$25.84
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Latest Key Developments (Source: Significant Developments)

Olympic Steel Inc - Provides update on loan and security agreement
Tuesday, 4 Dec 2018 04:13pm EST 

Dec 4 (Reuters) - Olympic Steel Inc ::OLYMPIC STEEL INC - ON NOV 30, CERTAIN UNITS ENTERED INTO THAT CERTAIN JOINDER & 2ND AMENDMENT TO 3RD AMENDED & RESTATED LOAN & SECURITY AGREEMENT.OLYMPIC STEEL INC - SECOND AMENDMENT AMENDS THIRD AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT, DATED AS OF DECEMBER 8, 2017 - SEC FILING.OLYMPIC STEEL INC - SECOND AMENDMENT, AMONG OTHER THINGS, INCREASES AMOUNT AVAILABLE UNDER CREDIT AGREEMENT BY $75 MILLION TO $475 MILLION.  Full Article

Olympic Steel Reports Q3 Earnings Per Share Of $1.01
Thursday, 8 Nov 2018 06:00am EST 

Nov 8 (Reuters) - Olympic Steel Inc ::OLYMPIC STEEL REPORTS RECORD THIRD QUARTER AND NINE MONTH NET SALES.Q3 EARNINGS PER SHARE $1.01.Q3 SALES ROSE 38 PERCENT TO $457 MILLION.Q3 ADJUSTED EARNINGS PER SHARE $1.19.  Full Article

Olympic Steel Announces CEO Succession
Tuesday, 2 Oct 2018 04:30pm EDT 

Oct 2 (Reuters) - Olympic Steel Inc ::OLYMPIC STEEL ANNOUNCES CEO SUCCESSION.OLYMPIC STEEL INC - MICHAEL D. SIEGAL TO EXECUTIVE CHAIRMAN OF BOARD.OLYMPIC STEEL INC - MICHAEL D. SIEGAL TO EXECUTIVE CHAIRMAN OF BOARD.OLYMPIC STEEL INC - APPOINTS RICHARD T. (RICK) MARABITO, CHIEF EXECUTIVE OFFICER AND A DIRECTOR OF COMPANY EFFECTIVE JANUARY 1, 2019.OLYMPIC STEEL INC - SIEGAL WILL TRANSITION TO EXECUTIVE CHAIRMAN OF BOARD AT END OF THIS YEAR, STEPPING DOWN AS CEO.OLYMPIC STEEL - ALSO ANNOUNCED OLYMPIC STEEL'S TREASURER RICHARD A. MANSON WILL SUCCEED MARABITO AS CFO.  Full Article

Olympic Steel Q2 Earnings Per Share $1.39
Thursday, 2 Aug 2018 05:55am EDT 

Aug 2 (Reuters) - Olympic Steel Inc ::OLYMPIC STEEL REPORTS RECORD QUARTERLY AND FIRST-HALF NET SALES.Q2 EARNINGS PER SHARE $1.39.Q2 ADJUSTED EARNINGS PER SHARE $1.49.Q2 SALES ROSE 27 PERCENT TO $453 MILLION.OLYMPIC STEEL - DESPITE INTERNATIONAL TRADE ISSUES, CUSTOMERS ANTICIPATING "STRONG" BUSINESS CONDITIONS TO CONTINUE IN SECOND HALF OF YEAR.  Full Article

Olympic Steel Increases And Extends Asset Based Credit Agreement To Support Future Growth
Wednesday, 13 Dec 2017 07:30am EST 

Dec 13 (Reuters) - Olympic Steel Inc ::OLYMPIC STEEL INCREASES AND EXTENDS ASSET BASED CREDIT AGREEMENT TO SUPPORT FUTURE GROWTH.OLYMPIC STEEL INC - ‍LOAN AGREEMENT INCREASED TO $400 MILLION; TERM EXTENDED TO 2022​.OLYMPIC STEEL INC - ‍ENTERED INTO AN AMENDED AND RESTATED FIVE-YEAR LOAN AND CREDIT AGREEMENT​.OLYMPIC STEEL INC - NEW CREDIT AGREEMENT ALLOWS FOR LENDERS TO INCREASE COMMITMENTS UP TO A TOTAL OF $600 MILLION, SUBJECT TO CERTAIN CONDITIONS.OLYMPIC STEEL INC - AMENDED AND RESTATED FACILITY INCREASES SIZE OF CREDIT FACILITY FROM $365 MILLION TO $400 MILLION​.OLYMPIC STEEL INC - AMENDED AND RESTATED FACILITY EXTENDS MATURITY TO DEC 8, 2022.  Full Article

Olympic Steel Q3 earnings per share $0.20
Wednesday, 8 Nov 2017 06:00am EST 

Nov 8 (Reuters) - Olympic Steel Inc -:Olympic Steel reports significantly improved third-quarter results.Q3 earnings per share $0.20.Q3 sales rose 24 percent to $331.4 million.Olympic Steel Inc qtrly increase in net sales was due to sharply higher shipping volume and higher average selling prices​.  Full Article