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METALS
Dynamic Materials up on report
The metal-working company surged 6.5% to 32.70 after it said its Q4 profit jumped 40% to 28 cents, 4 cents above estimates. Revenue grew 16% to $23.2 mil. Order volume was so strong in Dec. that there was a $42 mil backlog, the firm said. Dynamic Materials set its '06 capital expenditure budget at $4.5 mil, up 50% from last year, and said it would spend up to $8 mil to expand its Pa. welding facility.
TRANSPORTATION
Delta, Northwest face strike risk
Pilots at the Nos. 3 and 4 U.S. airlines voted on strike authorizations as pay-cut talks entered their final day. Delta and Northwest are operating under bankruptcy protection, and they want to reject contracts with their pilots. If a bankruptcy judge agrees, the carriers could impose pay cuts and new work rules. Pilots have threatened to strike if such terms are imposed. ...