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Steelcase Named One of America’s Most Responsible Companies by Newsweek

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Steelcase recognized among top 400 U.S. companies for giving to communities in which they operate

Steelcase (NYSE:SCS) has been named to Newsweek’s 2021 list of America’s “Most Responsible Companies” for positive efforts in environmental stewardship, social impact and corporate governance. … Read more

Herman Miller Grabs the Title

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Steelcase found itself in unfamiliar territory on Thursday night when they released their third-quarter earnings. It turns out that for the first time in the past five decades, Steelcase is no longer the largest office furniture manufacturer in the world… Read more

Steelcase Inc. Thursday Reported Third-Quarter Revenue of $617.5

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MILLION and net income of $2.1 million, or diluted earnings of $0.02 per share, which included $11.4 million of pre-tax restructuring costs related to previously announced workforce reductions. Excluding those charges, net of related income tax benefits, adjusted earnings were … Read more

Microsoft Surface Hub 2S 50 launched in China for CNY 72,888 (~$11,000)

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Microsoft China had an event today during which it announced its digital whiteboard, the Surface Hub 2S 50. The product launched was announced back in 2019 but it has just landed in China.

The Surface Hub 2S will sell for … Read more

Cyberattack caused global shutdowns for Steelcase, potential for delayed shipments

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GRAND RAPIDS — A recent cyberattack caused global operations for office furniture manufacturer Steelcase Inc. to shut down for two weeks, according to new information the company submitted to the U.S. Securities and Exchange Commission.

Steelcase’s latest Form 8-K filed … Read more

Steelcase Cyber Attack Should Be a Wakeup Call

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In late October, another manufacturer fell victim to a serious ransomware attack. Specifically, Grand Rapids, MI-based Steelcase suffered a Ryuk ransomware attack, forcing it to halt global operations for roughly two weeks. As the world’s largest office furniture manufacturer, Steelcase
… Read more

Ocean Waste Clean Impact Textiles for office furniture sector

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Duvaltex, a global leader in contract textiles, and Steelcase, a leader in office furniture, are introducing Intersection, an exclusive Steelcase screen and panel fabric. Co-created by Duvaltex and Steelcase, in partnership with the Seaqual initiative, which turns … Read more

Steelcase experiences cyberattack

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Steelcase was the target of a ransomware attack on its information technology systems, the company says.

The attack occurred Oct. 22, according to Steelcase, who added that they acted quickly to contain the issue.

“Steelcase is actively engaged in

… Read more

Steelcase furniture giant hit by Ryuk ransomware attack

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Office furniture giant Steelcase has suffered a ransomware attack that forced them to shut down their network to contain the attack’s spread.

Steelcase is the largest office furniture manufacturer globally, with 13,000 employees and $3.7 billion in 2020.

In an … Read more

Steelcase Inc. (SCS) 14-day ATR is 0.56: This Stock is Set to Soar Above its Peers

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Steelcase Inc. (NYSE: SCS) flaunted slowness of -0.76% at $11.76, as the Stock market unbolted on October 14, 2020. During the day, the stock rose to $12.15 and sunk to $11.75 before settling in for the price of $11.85 at … Read more