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	<title>Stock Blog Hub &#187; NCI Building Systems Inc.</title>
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		<title>(RTN) Raytheon Beats Earnings Forecast &#8211; Updates Outlook</title>
		<link>http://www.stockbloghub.com/2011/11/03/rtn-raytheon-beats-earnings-forecast-updates-outlook/86081</link>
		<comments>http://www.stockbloghub.com/2011/11/03/rtn-raytheon-beats-earnings-forecast-updates-outlook/86081#comments</comments>
		<pubDate>Thu, 03 Nov 2011 15:11:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Aerospace-Defense - Major Diversified]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[IsoRay Inc]]></category>
		<category><![CDATA[ISR]]></category>
		<category><![CDATA[MCO]]></category>
		<category><![CDATA[Moody's Corporation]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[NCI Building Systems Inc.]]></category>
		<category><![CDATA[NCS]]></category>
		<category><![CDATA[Raytheon Company]]></category>
		<category><![CDATA[RTN]]></category>
		<category><![CDATA[Tenaris SA]]></category>
		<category><![CDATA[TS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=86081</guid>
		<description><![CDATA[Raytheon Company (RTN) reported third-quarter 2011 adjusted earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.33. Results were also higher than the year-ago quarterly earnings of $1.35 per share. Operational Performance Revenue reported by Raytheon in the quarter under review was $6.13 billion, down 2% from $6.27 billion in the year-ago period and also short of the Zacks Consensus Estimate of $6.39 billion. Income from continuing operations decreased to $500 million from $640 million in the year-ago quarter, reflecting a fall of 22%. Overall, the company recorded net income of $510 million compared with $737 million in the year-ago period. Segment Performance Integrated Defense Systems (IDS): Revenue decreased 11% year over year to $1.18 billion in the quarter. The change in net sales was primarily due to lower ]]></description>
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		</item>
		<item>
		<title>(EIA) Oil and Gas Stock Outlook &#8211; October 2011 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2011/10/20/eia-oil-and-gas-stock-outlook-october-2011-industry-outlook/85494</link>
		<comments>http://www.stockbloghub.com/2011/10/20/eia-oil-and-gas-stock-outlook-october-2011-industry-outlook/85494#comments</comments>
		<pubDate>Thu, 20 Oct 2011 14:44:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Closed-End Fund - Debt]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Baker Hughes Inc.]]></category>
		<category><![CDATA[BHI]]></category>
		<category><![CDATA[Cabot Oil & Gas Corporation]]></category>
		<category><![CDATA[CAM]]></category>
		<category><![CDATA[Cameron International Corporation]]></category>
		<category><![CDATA[Canadian Natural Resources Limited]]></category>
		<category><![CDATA[CLB]]></category>
		<category><![CDATA[CNQ]]></category>
		<category><![CDATA[COG]]></category>
		<category><![CDATA[Core Laboratories NV]]></category>
		<category><![CDATA[Devon Energy Corporation]]></category>
		<category><![CDATA[DVN]]></category>
		<category><![CDATA[E]]></category>
		<category><![CDATA[Eni SpA]]></category>
		<category><![CDATA[FMC Technologies Inc.]]></category>
		<category><![CDATA[Forest Oil Corporation]]></category>
		<category><![CDATA[FST]]></category>
		<category><![CDATA[FTI]]></category>
		<category><![CDATA[HAL]]></category>
		<category><![CDATA[Halliburton Company]]></category>
		<category><![CDATA[Helmerich & Payne Inc]]></category>
		<category><![CDATA[HP]]></category>
		<category><![CDATA[NCI Building Systems Inc.]]></category>
		<category><![CDATA[NCS]]></category>
		<category><![CDATA[NEXEN Inc]]></category>
		<category><![CDATA[NXY]]></category>
		<category><![CDATA[Patterson-UTI Energy Inc]]></category>
		<category><![CDATA[PTEN]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[Schlumberger Limited]]></category>
		<category><![CDATA[SLB]]></category>
		<category><![CDATA[StatoilHydro ASA]]></category>
		<category><![CDATA[STO]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[TOT]]></category>
		<category><![CDATA[Total SA]]></category>
		<category><![CDATA[TSO]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>
		<category><![CDATA[Western Refining Inc.]]></category>
		<category><![CDATA[WNR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=85494</guid>
		<description><![CDATA[OUTLOOK Crude Oil Mounting worries about Europe&#8217;s debt crisis, a persistently weak U.S. jobs market and less-than-encouraging guidance from the Federal Reserve have been weighing on investor sentiment, weakening oil prices to around $85 a barrel. Apprehensions about high U.S. crude stocks, the release of emergency oil supplies from government-held strategic reserves into the world market, and uncertainty over oil supply disruptions in the Middle East have added to the negative sentiment. These issues have stoked fears about the demand outlook for oil that has seen the commodity’s price plummet to 12-month lows earlier in the month. Incidentally, crude prices zoomed past the $110 per barrel level during the first half of the year. As per the latest release by the Energy Information Administration (EIA), which provides official energy statistics ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/10/20/eia-oil-and-gas-stock-outlook-october-2011-industry-outlook/85494/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(STO) Statoil ASA to Upgrade Troll Capacity</title>
		<link>http://www.stockbloghub.com/2011/09/20/sto-statoil-asa-to-upgrade-troll-capacity/83617</link>
		<comments>http://www.stockbloghub.com/2011/09/20/sto-statoil-asa-to-upgrade-troll-capacity/83617#comments</comments>
		<pubDate>Tue, 20 Sep 2011 19:47:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[ConocoPhillips]]></category>
		<category><![CDATA[COP]]></category>
		<category><![CDATA[NCI Building Systems Inc.]]></category>
		<category><![CDATA[NCS]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[StatoilHydro ASA]]></category>
		<category><![CDATA[STO]]></category>
		<category><![CDATA[TOT]]></category>
		<category><![CDATA[Total SA]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=83617</guid>
		<description><![CDATA[Statoil ASA (STO) has contracted Norway’s engineering group, Aibel, for the upgrade of a gas compression capacity on the Troll A platform in the North Sea. The contract is worth NOK 2.7 billion ($483 million). Per the agreement, Aibel is responsible for engineering, procurement, onshore and integrated offshore construction as well as completion of two new pre-compressors on the same field. The deal is the part of Statoil’s NOK 11 billion investment in Troll A platform aimed at ensuring gas production all the way till 2063. Statoil and its Troll associates have decided to extend the production life of the field by installing compressors that will alleviate wellhead pressure and thereby expedite output. Aibel will construct and install the two compressors on the Troll platform with offshore installation commencing in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/09/20/sto-statoil-asa-to-upgrade-troll-capacity/83617/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(STO) Statoil ASA and FMC Technologies in $43M Workover Deal</title>
		<link>http://www.stockbloghub.com/2011/07/08/sto-statoil-asa-and-fmc-technologies-in-43m-workover-deal/78639</link>
		<comments>http://www.stockbloghub.com/2011/07/08/sto-statoil-asa-and-fmc-technologies-in-43m-workover-deal/78639#comments</comments>
		<pubDate>Fri, 08 Jul 2011 21:00:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[ConocoPhillips]]></category>
		<category><![CDATA[COP]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[FMC Technologies Inc.]]></category>
		<category><![CDATA[FTI]]></category>
		<category><![CDATA[NCI Building Systems Inc.]]></category>
		<category><![CDATA[NCS]]></category>
		<category><![CDATA[StatoilHydro ASA]]></category>
		<category><![CDATA[STO]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78639</guid>
		<description><![CDATA[Statoil ASA (STO) has awarded a $43 million contract to FMC Technologies Inc. (FTI) in order to support workover operations at four fast-track fields in the North Sea. This goes to show the effort that the company is making to increase productivity in the North Sea region. As per the agreement, FMC will manufacture and provide eight workover adapters for horizontal subsea production trees, five adapters for drill pipe landing strings and topside controls. The equipment, which will be manufactured at FMC’s facility in Kongsberg, Norway are scheduled for release from the second quarter of 2012. The workover system would be used by Statoil to carry out intervention activities on its subsea wells to enhance performance and boost oil recovery. The company also plans to bring about additional flexibility and ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/08/sto-statoil-asa-and-fmc-technologies-in-43m-workover-deal/78639/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(STO) Statoil ASA to Pay $2.47 Billion for New Rigs</title>
		<link>http://www.stockbloghub.com/2011/07/07/sto-statoil-asa-to-pay-2-47-billion-for-new-rigs/78531</link>
		<comments>http://www.stockbloghub.com/2011/07/07/sto-statoil-asa-to-pay-2-47-billion-for-new-rigs/78531#comments</comments>
		<pubDate>Thu, 07 Jul 2011 17:10:24 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[NCI Building Systems Inc.]]></category>
		<category><![CDATA[NCS]]></category>
		<category><![CDATA[StatoilHydro ASA]]></category>
		<category><![CDATA[STO]]></category>
		<category><![CDATA[TOT]]></category>
		<category><![CDATA[Total SA]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78531</guid>
		<description><![CDATA[Oil giant Statoil ASA (STO) has awarded a contract worth $2.47 billion to Norway’s Songa Offshore. Per the deal terms, Songa will build two category D semi-submersible rigs for use on Norwegian Continental Shelf (NCS) with specified terms of 8 years each that could extend to 20 years. With a capability to work in water depths of 100–500 meters, the new rigs can drill to a depth of 8500 meters. These rigs, which are scheduled for delivery in 2014, are 20% more productive than the conventional ones. Statoil contemplated several competitive bids during the procurement process but eventually finalized on Songo. Statoil was in need of a rig capable of working on complex and mature fields. The conceptualization phase took one year and another three years will be taken for ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/07/sto-statoil-asa-to-pay-2-47-billion-for-new-rigs/78531/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(STO) Statoil ASA Awarded Contract for Subsea Compression</title>
		<link>http://www.stockbloghub.com/2011/06/26/sto-statoil-asa-awarded-contract-for-subsea-compression/77461</link>
		<comments>http://www.stockbloghub.com/2011/06/26/sto-statoil-asa-awarded-contract-for-subsea-compression/77461#comments</comments>
		<pubDate>Sun, 26 Jun 2011 17:23:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[E]]></category>
		<category><![CDATA[Eni SpA]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[NCI Building Systems Inc.]]></category>
		<category><![CDATA[NCS]]></category>
		<category><![CDATA[StatoilHydro ASA]]></category>
		<category><![CDATA[STO]]></category>
		<category><![CDATA[TOT]]></category>
		<category><![CDATA[Total SA]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77461</guid>
		<description><![CDATA[Statoil ASA (STO) has awarded a contract to Aker Solutions for subsea compression topside modifications on the Statoil-operated Asgard A and B platforms in the North Sea. The contract is worth NOK 650 million ($116.7 million). This deal is classified as an engineering, procurement, construction and installation contract. Modification work mainly involves the supply of electricity to the Asgard subsea compressor units, slated for installation in 2013. Per the contract terms, Aker will construct and install an 800 ton new module and carry out assimilation work in the region. Aker will initiate design and procurement work immediately, while fabrication work will commence in October 2011. Delivery is scheduled for the last quarter of 2014. The Asgard field is one of the major field developments along the Norwegian Continental Shelf (NCS) ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/26/sto-statoil-asa-awarded-contract-for-subsea-compression/77461/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(STO) Statoil Sets Long-Term Goals</title>
		<link>http://www.stockbloghub.com/2011/06/21/sto-statoil-sets-long-term-goals/76991</link>
		<comments>http://www.stockbloghub.com/2011/06/21/sto-statoil-sets-long-term-goals/76991#comments</comments>
		<pubDate>Wed, 22 Jun 2011 00:27:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[ConocoPhillips]]></category>
		<category><![CDATA[COP]]></category>
		<category><![CDATA[NCI Building Systems Inc.]]></category>
		<category><![CDATA[NCS]]></category>
		<category><![CDATA[StatoilHydro ASA]]></category>
		<category><![CDATA[STO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76991</guid>
		<description><![CDATA[Statoil ASA (STO) has set long-term growth goals for itself. The Norwegian company expects production to exceed 2.5 million barrels of oil equivalents per day in 2020 from 1.9 million barrels in 2010. For the past ten years, Statoil’s production grew at a compound annual growth rate (CAGR) of 3% and is likely to remain unchanged over the next decade. The company expects growth in three phases. The first phase (2010–2012) will yield at a CAGR of 3%, the second (2012–2016) between 2% and 3% and the third between 3% and 4%. For 2011, Statoil reiterated its production guidance of 1.9 million barrels of oil equivalent per day (boed), which is the same as what it produced last year. However, management said that the year’s output could even see a ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/21/sto-statoil-sets-long-term-goals/76991/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(STO) Statoil ASA to Use Subsea Compression</title>
		<link>http://www.stockbloghub.com/2011/06/21/sto-statoil-asa-to-use-subsea-compression/76839</link>
		<comments>http://www.stockbloghub.com/2011/06/21/sto-statoil-asa-to-use-subsea-compression/76839#comments</comments>
		<pubDate>Tue, 21 Jun 2011 18:59:03 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[NCI Building Systems Inc.]]></category>
		<category><![CDATA[NCS]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[StatoilHydro ASA]]></category>
		<category><![CDATA[STO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76839</guid>
		<description><![CDATA[Statoil ASA (STO) is on track to boost its gas recovery rate at subsea wells in various fields. Accordingly, the Norwegian company plans to implement subsea compression &#8212; an advanced process for production enhancement &#8212; at the Gullfaks field, offshore Norway. Since 2008, Statoil and Framo Engineering have been working on technology upgrade for compressing wet gas on the seabed. Such compression also steps up production in a mature field that suffers from a decrease in natural pressure in a reservoir. Now, Statoil has decided to take the compressing concept a step forward in the Gullfaks South subsea field. The company said that the new technology will substantially boost production volume. It would consequently lift the recovery rate for the reserves by three billion cubic meters of gas, implying a ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/21/sto-statoil-asa-to-use-subsea-compression/76839/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NCS) NCI Building Systems Posts Sluggish Results</title>
		<link>http://www.stockbloghub.com/2010/03/19/ncs-nci-building-systems-posts-sluggish-results/31355</link>
		<comments>http://www.stockbloghub.com/2010/03/19/ncs-nci-building-systems-posts-sluggish-results/31355#comments</comments>
		<pubDate>Fri, 19 Mar 2010 23:07:39 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[General Building Materials]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[NCI Building Systems Inc.]]></category>
		<category><![CDATA[NCS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31355</guid>
		<description><![CDATA[Recently, NCI Building Systems, Inc. (NCS) reported discouraging financial results for the first quarter of fiscal 2010. Revenues for the quarter contracted by 29.8% year-over-year driven by the decline in market demand as well as decrease in steel prices. Revenues reached $182.9 million, down from $260.4 million during the same period of fiscal 2009. All the three segments reported significant declines in sales. Engineered Building Systems sales fell 32.7%, while Metal Components and Metal Coil Coatings segments posted sales declines of 28.5% and 6.0%, respectively. Cost of sales declined 30% to $149.7 million from $213.8 million, due to a decline in material costs and strict cost control initiatives undertaken by the company in 2009. Consequently, gross margin expanded to 17.6% from 6.3% in the year-ago quarter. The company reported a negative ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/19/ncs-nci-building-systems-posts-sluggish-results/31355/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NCS) Tough Times for NCI Building Systems</title>
		<link>http://www.stockbloghub.com/2009/12/09/ncs-tough-times-for-nci-building-systems/22372</link>
		<comments>http://www.stockbloghub.com/2009/12/09/ncs-tough-times-for-nci-building-systems/22372#comments</comments>
		<pubDate>Thu, 10 Dec 2009 00:06:56 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[General Building Materials]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[NCI Building Systems Inc.]]></category>
		<category><![CDATA[NCS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=22372</guid>
		<description><![CDATA[NCI Building Systems Inc. (NCS) posted a net loss of $3.59 per share for the fourth quarter of fiscal 2009. This includes non cash debt extinguishment and refinancing costs of $99.2 million. Excluding these costs and other special charges, the company posted net income of 4 cents per share for the reported quarter, compared to a net income of $1.26 per share in the fourth quarter of fiscal 2008. Quarterly sales of $244.4 million were off by 52.0% compared to the comparable period in 2008, driven by double digit declines in volume as well as sales price. Decline in sales prices was primarily due to lower cost of steel. All the three segments reported significant declines in sales. Engineered Building Systems sales fell 60.9%, while Metal Components and Metal Coil ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/12/09/ncs-tough-times-for-nci-building-systems/22372/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NCS) NCI Building Systems Progresses on CD&amp;R Investment</title>
		<link>http://www.stockbloghub.com/2009/10/20/ncs-nci-building-systems-progresses-on-cdr-investment/18152</link>
		<comments>http://www.stockbloghub.com/2009/10/20/ncs-nci-building-systems-progresses-on-cdr-investment/18152#comments</comments>
		<pubDate>Tue, 20 Oct 2009 20:46:48 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[General Building Materials]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[NCI Building Systems Inc.]]></category>
		<category><![CDATA[NCS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=18152</guid>
		<description><![CDATA[NCI Building Systems Inc. (NCS) reported that holders of more than 99% of the aggregate principal amount of its outstanding 2.125% Convertible Senior Subordinated Notes due 2024 have delivered valid tenders. This exceeds the threshold of 95% minimum condition to the offer. NCS has obtained or expects shortly to obtain the consent of lenders representing 100% of its secured debt for the refinancing of its existing credit facility. Full consent is a requirement for the completion of the company’s investment agreement with Clayton, Dubilier &#38; Rice Fund VIII, L.P. (&#8220;the CD&#38;R Fund&#8221;). Earlier, on Oct 9, NCS announced that it had finalized with its lenders terms for a $125 million asset-based revolving credit facility with an additional $50 million accordion feature, and that the company had confirmed participation from lenders ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/10/20/ncs-nci-building-systems-progresses-on-cdr-investment/18152/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NCS) NCI Building Systems Beats Expectations</title>
		<link>http://www.stockbloghub.com/2009/09/10/ncs-nci-building-systems-beats-expectations/14900</link>
		<comments>http://www.stockbloghub.com/2009/09/10/ncs-nci-building-systems-beats-expectations/14900#comments</comments>
		<pubDate>Fri, 11 Sep 2009 02:12:59 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[General Building Materials]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[NCI Building Systems Inc.]]></category>
		<category><![CDATA[NCS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=14900</guid>
		<description><![CDATA[Yesterday, NCI Building Systems Inc. (NCS) posted third-quarter profit of 25 cents per share, which came in well above the Zacks Consensus Estimate of 2 cents. The better-than-expected earnings primarily came from the company’s cost-reduction programs implemented since November 2008. NCI Building not only downsized 43 manufacturing facilities to 32, but also eliminated overlapping and less efficient operations. Moreover, it started utilizing more automation and lean manufacturing tools. These measures reduced cost of goods sold by 17% sequentially and 49.7% on a year-over-year basis. SG&#38;A expenses were down by 9.2% compared to the previous quarter and 31.9% from the year-ago level. However, quarterly earnings were significantly lower than year-ago net income of $1.63 per share due to lower sales. Quarterly sales of $238.4 million were off by 50% compared to ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/09/10/ncs-nci-building-systems-beats-expectations/14900/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(STO) Statoil&#8217;s Positive Production Outlook</title>
		<link>http://www.stockbloghub.com/2009/09/03/sto-statoils-positive-production-outlook/14398</link>
		<comments>http://www.stockbloghub.com/2009/09/03/sto-statoils-positive-production-outlook/14398#comments</comments>
		<pubDate>Thu, 03 Sep 2009 23:48:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[NCI Building Systems Inc.]]></category>
		<category><![CDATA[NCS]]></category>
		<category><![CDATA[Statoilhydro Asa Ads]]></category>
		<category><![CDATA[STO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=14398</guid>
		<description><![CDATA[After drilling an appraisal well in the northeastern segment of the Smorbukk deposit (part of the Asgard field in the Norwegian Sea), StatoilHydro (STO) has confirmed the existence of oil, gas and condensate. The result is encouraging, and development in association with the Asgard B platform will be considered. The company said that production may start in three to four years. The proven resources are estimated to be between 15 and 25 million barrels of recoverable oil equivalent. The Asgard field development includes 58 production and injection wells divided on 16 subsea templates. Two vessels and one platform are located on the field. Discovered in 1984, the Smorbukk field has been on stream since 1999. As of year-end 2008, StatoilHydro had approximately 5.58 billion oil-equivalent barrels in proved reserves. It ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/09/03/sto-statoils-positive-production-outlook/14398/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NCS) NCI Building Systems Obtains Extension of Waivers</title>
		<link>http://www.stockbloghub.com/2009/08/27/ncs-nci-building-systems-obtains-extension-of-waivers/13713</link>
		<comments>http://www.stockbloghub.com/2009/08/27/ncs-nci-building-systems-obtains-extension-of-waivers/13713#comments</comments>
		<pubDate>Fri, 28 Aug 2009 00:13:42 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[General Building Materials]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[NCI Building Systems Inc.]]></category>
		<category><![CDATA[NCS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=13713</guid>
		<description><![CDATA[Earlier today, NCI Building Systems (NCS) announced that it has obtained an extension of the waivers granted by its senior credit facility lenders until November 6, 2009, giving it more time to arrange for refinancing. Previously, these waivers had been in effect through August 14, 2009, with an automatic extension to September 15, 2009 upon the signing of a definitive agreement for an equity investment. The company is in negotiations with the CD&#38;R Fund and some of the company&#8217;s existing convertible noteholders regarding potential amendments to the offer contemplated in the investment agreement. The CD&#38;R Fund would continue to invest $250 million in the company through newly issued Convertible Participating Preferred Shares, but for a pro forma ownership of 68.5% instead of 72%. NCS said that the convertible noteholders would ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NCI) S&amp;P Downgrades NCI Building Systems</title>
		<link>http://www.stockbloghub.com/2009/08/24/nci-sp-downgrades-nci-building-systems/13226</link>
		<comments>http://www.stockbloghub.com/2009/08/24/nci-sp-downgrades-nci-building-systems/13226#comments</comments>
		<pubDate>Mon, 24 Aug 2009 20:36:12 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Staffing & Outsourcing Services]]></category>
		<category><![CDATA[Navigant Consulting Inc.]]></category>
		<category><![CDATA[NCI]]></category>
		<category><![CDATA[NCI Building Systems Inc.]]></category>
		<category><![CDATA[NCS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=13226</guid>
		<description><![CDATA[Correcting and replacing. The previous post had incorrectly listed the ticker for Navigant Consulting (NCI). The downgrade specifically is for NCI Building Systems Inc. (NCS), not Navigant Consulting. A correct version follows. Standard &#38; Poor&#8217;s Ratings Services (S&#38;P) downgraded its rating on NCI Building Systems Inc. (NCS) to non-investment grade of &#8220;CC&#8221; from &#8220;CCC+.&#8221; Last week, NCS announced that it has entered into a definitive agreement with Clayton, Dubilier &#38; Rice Fund VIII, L.P. (&#8220;the CD&#38;R Fund&#8221;), under which the CD&#38;R Fund will invest $250 million in the company by purchasing newly issued convertible participating preferred shares. The company said that this is part of a comprehensive solution to address NCS&#8217;s significant near-term debt repayment obligations, reduce debt by $323 million and position the company for future growth. This transaction ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
	</channel>
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