Schnitzer Steel Witnesses A Strong Quarter On The Back Of Strong Domestic Demand

Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) is a steel recycling and scrap manufacturing company based out of Portland, Oregon. The company reported third-quarter financial results on 31st May 2022. MarketBeat.com – MarketBeat Highlights: -Results came in better than expected as the company benefited from domestic non-ferrous sales.-Net income came in at $75 million, versus $65…

Guidewire Software Stock is Set to Rebound

Software provider to property and casualty insurers Guidewire Software (NYSE: GWRE) stock has plunged (-31%) in this year but is staging a comeback with the launch of its first Guidewire Cloud offering known as Elysian. Guidewire provides mission-critical essential software systems to the $2.5 trillion global property and casualty insurance industry with many non-discretionary products…