HNI Corporation (HNI) Soars 1.19% on July 16

Thursday, 16 July, 2020

HNI Corporation (HNI) had a good day on the market for Thursday July 16 as shares jumped 1.19% to close at $30.72. About 160,925 shares traded hands on 1,846 trades for the day, compared with an average daily volume of n/a shares out of a total float of 42.65 million. After opening the trading day at $30.20, shares of HNI Corporation stayed within a range of $30.93 to $30.06.

Key reasons why dividend hunters should check out Herman Miller Inc

Thursday, 09 July, 2020

In uncertain economic times, dividends play a crucial role in the total return that investors get from shares like Herman Miller Inc (NSQ:MLHR). These payouts – when they remain intact – can compensate for volatile market conditions. When share prices come under pressure, stocks with robust finances continue to offer a regular cash return to shareholders. But finding these reliable payouts is a challenge. With so many ways of assessing dividends – and so many potential traps – it’s important to focus on the most useful measures. To help you find the best dividends possible, there are a few key areas to consider. Let’s take a look at Herman Miller Inc as an example of how this works.

 

Steelcase Recognized as One of the 50 Most Community-Minded Companies in the United States

Wednesday, 08 July, 2020

GRAND RAPIDS, Mich., July 08, 2020 (GLOBE NEWSWIRE) — Recently, Steelcase was named a 2020 honoree of The Civic 50, an initiative of Points of Light. The company’s expansive involvement in community programs – including a mix of volunteered time, product/service donations and financial gifts, as well as the integration of community commitment into business policies and practices – led to the recognition.

BIFMA names new CEO, board

Wednesday, 08 July, 2020

GRAND RAPIDS, Mich.  BIFMA has appointed Deirdre Jimenez as its first president and CEO. She will succeed Tom Reardon, who is retiring after 22 years as executive director of BIFMA, the not for profit trade association for business and institutional furniture manufacturers.

Orgatec 2020 office furniture fair cancelled

Tuesday, 07 July, 2020

This year’s Orgatec trade fair in Cologne, which was set to take place 27 to 31 October, has been cancelled in response to the coronavirus pandemic.

The organisers of the Orgatec office furniture announced that the 2020 event will not take place as numerous exhibitors and visitors cancelled their tickets to the event.

“The situation of this trade fair increasingly began to reflect current developments around Covid-19 and the economic situation,” said trade fair organiser Koelnmesse.

“In recent weeks, a large majority of exhibitors and trade visitors decided not to attend Orgatec after all.”

Adaptable furniture is installed in classrooms to ensure social distancing measures are respected

Wednesday, 01 July, 2020

ACTIU has published a comprehensive guide with advice and recommendations for educational establishments on how to adapt to the «new normal»

In this period of the «new normal» which we have just entered, several questions have arisen concerning the management of collective spaces and the adaptation thereof to the new COVID-19 safety requirements. ACTIU, as a specialist in furniture and collaborative spaces, has created the guide How to adapt educational spaces to the new normal with recommendations on how to equip and adapt educational establishments to this new situation.

Steelcase Reports First Quarter Fiscal 2021 Results

Tuesday, 30 June, 2020

Steelcase Inc. (NYSE: SCS) today reported first quarter revenue of $482.8 million and a net loss of $38.1 million, or a loss of $0.33 per share. The results included a non-cash goodwill impairment charge which increased the net loss by $17.6 million, or $0.15 per share. The adjusted net loss in the quarter totaled $20.5 million, or $0.18 per share. In the prior year, Steelcase reported $824.3 million of revenue and net income of $17.8 million, or diluted earnings of $0.15 per share.
Revenue decreased 41 percent in the first quarter compared to the prior year. The decline was broad-based across all segments as government mandates significantly limited the company’s ability to manufacture and fulfill orders throughout much of the world during the first quarter. Revenue in the Americas declined 42 percent and EMEA declined 38 percent compared to the prior year. The Other category declined 43 percent, or 28 percent on an organic basis after adjusting for the impact of the PolyVision divestiture in February 2020 and currency translation effects.

Herman Miller, Inc. to Host Earnings Call

Tuesday, 30 June, 2020

Herman Miller, Inc. (NASDAQ:MLHR) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on June 30, 2020 at 9:30 AM Eastern Time.

To listen to the event live or access a replay of the call – visit
https://www.investornetwork.com/event/presentation/64467

Former Styles & Wood bosses win £180,000 employment tribunal

Tuesday, 30 June, 2020

Former Styles & Wood directors Tony Lenehan and Phil Lanigan have been awarded more than £180,000 in compensation between them after winning an employment tribunal against their former employer.

Lenehan (pictured) was chief executive at the time he left last November, while Lanigan, 56, who went at the same time, was the collapsed fit-out contractor’s chief finance officer.

 

Steelcase Teams Up With MIT Researchers To Help Create Safer Workplaces

Monday, 29 June, 2020

Steelcase today announces its collaboration with MIT professor and disease transmission specialist Dr. Lydia Bourouiba, director of The Fluid Dynamics of Disease Transmission at MIT to study disease transmission in the workplace. Bourouiba specializes in fluid dynamics and understanding properties of turbulent gas clouds that are produced when people exhale, sneeze or cough and how that spreads respiratory pathogens. The goal of the research is to not only understand how these pathogens spread in typical office layouts, but also to develop design strategies for how to mitigate the spread of COVID-19 and other illnesses at work.