December 16, 2013
The company: Reliance Steel & Aluminum Co. Headquarters: Los Angeles Ticker: RS Employees: 14,000 Leadership: David Hannah, chief executive since 1999 2012 revenue: $8.4 billion 2012 net income: $404 million Stock price: $72.34 at Friday's close 52-week range: $59.16 to $76.78 P/E ratio: 17, based on estimated 2013 earnings Quarterly dividend: 33 cents, a current yield of 1.8%
December 10, 2013 |
Shhh -- this is what I'm getting the husband for Christmas: a steel triangle dinner bell, to signal to guests that it's time to sit down at the table. They're inevitably an unruly bunch, wandering around the garden, rubbing scented geranium leaves between their fingers, calling up to find out what's growing on the trellis, whether they can pick some tangerines. Or getting so involved in storytelling that it becomes hard to herd them toward the table mid-story. But this is the solution. And quite a handsome one. Designed by Pat Kim of (where else?
November 25, 2013 |
Warner Bros.' Superman movie "Man of Steel" flew high in its first week of release in the home entertainment market, landing as the top-selling DVD and Blu-ray title. Directed by Zack Snyder and starring Henry Cavill as Clark Kent, the film made $291 million in ticket sales. "Man of Steel" beat "Turbo," the Dreamworks Animation-produced and Fox-distributed 3-D and computer-animated children's movie, which debuted in second place. PHOTOS: Billion-dollar movie club At the box office, "Turbo," about a garden snail with ambitions to become a racing champion, made just shy of $83 million in its theatrical run. Last week's chart-topper "Monsters University" dropped to No. 3, ahead of "Grown Ups 2" and "White House Down," which were the top two rentals. Here are Rentrak's rankings for the week that ended Nov. 16 for sales and Nov. 17 for rentals.
November 10, 2013 |
Frances Ha Criterion Blu-ray, $39.95 Available on VOD beginning Nov. 12 Director Noah Baumbach's "Frances Ha" - co-written by star Greta Gerwig - is another story about an aging post-graduate who can no longer afford to be "fun," "free-spirited" and "irresponsible. " Gerwig stars as Frances, a semi-professional dancer whose roommate moves in with somebody else, forcing Frances to crash on a series of couches while waiting for her dreams to come true. The main character is a too-common type, and Baumbach's use of black-and-white recalls a vintage Woody Allen film, but the movie is so, so funny, full of Baumbach's usual crackling dialogue between people who on some level realize they're just playing artificial roles in each other's lives.
November 8, 2013 |
Trained as an architect, Tony Smith (1912-80) was adept at working with geometric structure in relation to the human body. In the 1950s, when he turned first to painting and then to sculpture, the interplay between the geometric and the organic became a leitmotif. “Maze,” a conundrum in welded steel painted dead-black, is the commanding centerpiece of a beautiful exhibition at Matthew Marks Gallery. The 1967 sculpture consists of two pairs of rectangular forms, each nearly 7-feet tall.
November 5, 2013 |
For those looking for gifts with a little urban edge, we take our Handmade Holidays series to the studio of Meyghan Hill in downtown Los Angeles. That's where Hill welds her Salvaged Steel & Stenciled planters, sold as plain vessels or with personalized graphics. Each planter measures 12 inches wide, 12 inches deep and 8 inches high. Price: $125. Hill sells her various designs on her own studio site as well as through the Angelo:Home store downtown. For those who can spend a bit more, check out her Fallon Salvaged Steel Bound bookend, $275, composed of stair-stepped marble sheets wrangled into brackets that Hill welds herself.
October 27, 2013 |
BAKERSFIELD - Peddling the songs of Buck Owens and Merle Haggard in the heart of Bakersfield - when you're neither Owens nor Haggard - could rank on the scale of tough gigs right up there with hauling coals to Newcastle and selling ice to Eskimos. That was anything but the case, however, when 20-time Grammy Award winner Vince Gill and longtime friend steel guitarist Paul Franklin brought their new tribute album, "Bakersfield," to its namesake town to celebrate the distinctive West Coast strain of country music and its two most prominent practitioners, who emerged there more than half a century ago. It was no surprise, ultimately, that Gill and Franklin were accorded heroes' welcomes for shining the spotlight anew on a richly fertile period and place by nearly 3,000 Bakersfield residents who filed into the Rabobank Arena Theater on Friday night.
October 21, 2013 |
Stainless steel is supposed to be, well, stainless, isn't it? That was John's question after he noticed rust stains on the refrigerator he'd purchased from Sears. John also had purchased an extended warranty, so he contacted Sears and explained the problem. Sears' response: Your warranty doesn't cover cosmetic problems, only technical ones, so those stains on your stainless steel are your problem. ASK LAZ: Smart answers to consumer questions John could take the matter to small-claims court, but I wouldn't bother.
October 18, 2013 |
Concrete structures may look sturdy and durable, but the ones built without steel reinforcing bars, known as rebar, are actually brittle and run the risk of collapsing in a strong earthquake. That's a problem Los Angeles cannot continue to ignore. Building codes in the city were changed after the 1971 Sylmar earthquake to require that all concrete buildings be constructed with more steel support. That law went into effect in 1976. Another law requires that owners changing the use of an old building must meet up-to-date seismic standards, including those for concrete.
CALIFORNIA | LOCAL
October 17, 2013 |
A $250-million runway at Los Angeles International Airport, rebuilt six years ago, is riddled with construction defects, including cracks, exposed steel reinforcing bars and deteriorating concrete, according to city officials. The mounting problems, including the runway's failure to meet Federal Aviation Administration construction standards, could disrupt future flight operations at the nation's third-busiest airport, according to a city lawsuit filed against companies responsible for the work.