Boston, MA 05\/16\/2014 (wallstreetpr) \u2013 The $2.6 billion producer of commercial silica U.S. Silica Holdings Inc (NYSE:SLCA)<\/b> has announced price increase on its products. The project adjustment will impact shipments made after May 1. The company observed an average of 20 percent upward adjustment on its products. The development is intended to support the ongoing investment in the company to upgrade capacity. The move also comes as a response to the supply and demand imbalance that exists in the silica market currently. U.S. Silica Holdings Inc (NYSE:SLCA) benefited from the robust silica market in its 1Q2014 that led to earnings of 37 cents per share, ahead of consensus estimate of 35 cents. It generated revenue of $180.10 million, beating consensus estimate of $157.81 million. Both revenue and EPS were up on a year-over-year basis.<\/p>\n
Sypris Solutions, Inc. (NASDAQ:SYPR)<\/b> will pay cash dividend of $0.02 per share to shareholders on July 10. The quarter-to-quarter flat dividend will capture shareholders of record as of June 20. The company has 20.5 million outstanding shares. The company recently reported big improvement its financial performance. It earned a profit of $1.7 million or $0.08 per share in 1Q2014. That compared with a loss of $6.5 million or $0.34 per share in the same quarter a year ago. The company saw its revenue up 7 percent to $84.2 million in the latest quarter. The results are in context with Sypris Solutions, Inc. (NASDAQ:SYPR)\u2019s stock price that has gone up 35.66 percent over the past one month and 26.8 percent year-to-date.<\/p>\n
Investor concerns can be seen around Macquarie Infrastructure Company LLC (NYSE:MIC)<\/b>. Although the company posted strong cash flow improvement in its 1Q financial results with its shares up over the past 30 days and year-to-date, analysts have a bearish perception of the stock. In fact, analysts at Zack consider MIC a \u201csell.\u201d Nonetheless, shares of Macquarie Infrastructure Company LLC (NYSE:MIC) are up 8.38 percent in the past one month and 10.07 percent since the beginning of the year.<\/p>\n","protected":false},"excerpt":{"rendered":"
Boston, MA 05\/16\/2014 (wallstreetpr) \u2013 The $2.6 billion producer of commercial silica U.S. Silica Holdings Inc (NYSE:SLCA) has announced price increase on its products. The […]<\/p>\n","protected":false},"author":2,"featured_media":22098,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236,263],"tags":[6668,6571,6669,4448,6570,4447],"stock_ticker":[],"class_list":["post-22500","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-technology","tag-macquarie-infrastructure-company-llc-nysemic","tag-nasdaqsypr","tag-nysemic","tag-nyseslca","tag-sypris-solutions-inc-nasdaqsypr","tag-u-s-silica-holdings-inc-nyseslca","entry"],"acf":[],"yoast_head":"\n