Business
Algoma Central Corporation to Webcast, Live, at RetailInvestorConferences.com June 5th
Company invites individual and institutional investors as well as advisors to attend interac...
About this update from Algoma Central Corporation
[{"type":"text","content":"\n\nCompany invites individual and institutional investors as well as advisors to attend interactive real-time virtual RetailInvestorConferences.com\n\n\nNEW YORK, June 2, 2014 /CNW/ - Algoma Central Corporation (TSX:ALC), (\"Algoma\" – www.algonet.com) , today announced that Greg Wight, President & CEO and Peter Winkley, Vice President, Finance & CFO will present at RetailInvestorConferences.com on June 5th. \nDATE: Thursday, June 5, 2014\nTIME: 10:00 AM EDT\nLINK: http://retailinvestorconferences.com > red \"register/ watch event now\" button\nThis will be a live, interactive online event where investors are invited to ask the company questions in real-time - both in the presentation hall as well as the association's \"virtual trade booth.\" If attendees are not able to join the event live on the day of the conference, an on-demand archive will be available for 90 days.\nIt is recommended that investors pre-register and run the online system check to save time and receive event updates.\nRecent Algoma Highlights\n\nIn May, Algoma took delivery of the second of six state-of-the-art Equinox Class bulk freighters, part of the Corporation's $500 million investment in domestic fleet renewal. \nEarnings per share for fiscal 2013 were $1.08 and average adjusted return on capital employed over the past ten years was 10.7%. \nEarnings for the first quarter of 2014 improved 24% over the same prior year period.\n\nAbout Algoma Central Corporation\nAlgoma Central Corporation owns and operates the largest Canadian flag fleet of dry and liquid bulk carriers operating on the Great Lakes - St. Lawrence Waterway, including 18 self-unloading dry-bulk carriers, seven gearless dry bulk carriers and seven product tankers. Algoma also has interests in ocean dry-bulk and product tanker vessels operating in international markets. Algoma provides ship management services for other ship owners and owns a diversified ship repair and steel fabricating facility active in the Great Lakes and St. Lawrence regions of Canada. In addition, Algoma owns and manages commercial real estate properties in Sault Ste. Marie, St. Catharines and Waterloo, Ontario.\nAbout RetailInvestorConferences.com\nSince 2010, RetailInvestorConferences.com, created by BetterInvesting (NAIC) PR Newswire and MUNCmedia, has been the only monthly virtual investor confer...