Vallourec (BER:VAC)

QUOTE AND NEWS
Benzinga  May 11  Comment 
Vallourec SA (OTC: VLOWY) reported a decline in its first-quarter net profit. It also cut its sales growth forecast for the full year to 5% from 10%. Vallourec's quarterly net profit declined to EUR29 million, versus EUR82 million, in the...
Reuters  Nov 10  Comment 
(The following statement was released by the rating agency)
BusinessWeek  Oct 7  Comment 
European stocks fluctuated between gains and losses as investors awaited the monthly U.S. jobs report. Asian shares rose, while U.S. index futures retreated.
Reuters  Oct 7  Comment 
* Caution seen among distributors in non-energy markets
MarketWatch  Jul 28  Comment 
Shares in Vallourec SA slumped 15% in early trading Thursday after the tubing manufacturer said rising raw materials costs had taken a toll on its results. In a statement late Wednesday, the group said second-quarter net profit fell 11% to 112...
Metal Bulletin  Apr 12  Comment 
A recent spike in oil prices should boost the fortunes of premium oil country tubular goods (OCTG) producers like French energy tubular maker Vallourec SA, according to Credit Suisse Group AG.
Metal Bulletin  Apr 3  Comment 
French steel pipe and tube producer Vallourec Group has completed its acquisition of a 19.5-percent stake in Chinese seamless pipe maker Tianda Oil Pipe Co. Ltd.
Metal Bulletin  Mar 28  Comment 
Vallourec & Mannesmann USA Corp. (V&M) plans to increase transaction prices on oil country tubular goods (OCTG) between $100 and $125 per ton ($5 to $6.25 per hundredweight) effective with new orders scheduled to ship on or after July 1.
Metal Bulletin  Feb 28  Comment 
Vallourec SA warned that company margins might not recover until the second quarter of this year or later from a sharp run-up in raw material costs, particularly scrap, in the fourth quarter.





 


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