$SSD (Simpson Manufacturing Co., Inc.)

$SSD {{ '2016-08-30T08:24:33+0000' | timeago}} • Announcement

$SSD said its BoD replaced its previous $50MM repurchase authorization scheduled to expire on Dec. 31, 2016 with a $125MM repurchase authorization that will expire on Dec. 31, 2017. BoD also authorized one or more accelerated share repurchase (ASR) programs at any time before Dec. 31, 2017. $SSD currently expects to execute a $50MM ASR by end 2016.

$PPG {{ '2018-01-19T21:19:56+0000' | timeago}} • Webcast

$PPG said it expects to achieve $45-50MM of the remainder of its $125MM restructuring program in fiscal 2018. The tax rate on earnings from continuing operations is estimated to be in the 23- 24% range, a tad lower than the 2017 level. This year, PPG targets to deploy around $2.4Bil of cash on either acquisitions or share repurchases.

$PPG {{ '2018-01-19T20:33:16+0000' | timeago}} • Webcast

$PPG expects its initiatives to address raw material inflation will yield results in the first half of this year, by bringing in significant raw material efficiency. While focusing on the overall cost structure, PPG plans to continue to execute on its restructuring program. The company expects acquisition-related sales gains of $125MM in FY18.

$PPG {{ '2018-01-19T20:12:57+0000' | timeago}} • Webcast

$PPG said the volume growth in 4Q17 was supplemented by acquisition-related gains from Crown Group, which was added to its fold in October 2017. The company is working with retail firm $HD to have its Timeless product added to more retail locations. In the current fiscal year, PPG plans to spend about $20MM on additional growth-related activities.

$PPG {{ '2018-01-19T12:49:12+0000' | timeago}} • Infographic

$PPG PPG Industries, Inc. Earnings AlphaGraphic: Q4 2017 Highlights

$PPG {{ '2018-01-18T16:01:15+0000' | timeago}} • Announcement

$PPG, a manufacturer of coatings, reported an 8% growth in sales to $3.7Bil in 4Q17, helped mainly by higher selling prices and favorable currency rates. Net earnings were $0.73 per share, compared to $1.31 per share in 4Q16, which included one-time gains. Adjusted for special items, 4Q17 earnings were $1.19 per share, up 3% from last year.

$AQUA {{ '2018-01-10T13:54:54+0000' | timeago}} • Announcement

$AQUA, which provides water treatment solutions, has appointed Peter Wilver to its board of directors. Wilver, a former senior executive at $TMO, most recently served as Thermo Fisher's EVP and Chief Administrative Officer. Earlier, he held financial management roles at various industrial companies including GE, Honeywell and Grimes Aerospace.

$TMO {{ '2018-01-09T12:43:22+0000' | timeago}} • Announcement

$TMO, a leading medical technology company, has signed an agreement with life sciences firm $ILMN, under which Thermo Fisher will provide Illumina with Ion AmpliSeq technology. The tie-up will help Illumina effectively sell Ion AmpliSeq technology to researchers engaged in scientific studies on its next-generation sequencing (NGS) platforms.

$AAON {{ '2018-01-03T12:56:49+0000' | timeago}} • Announcement

$AAON announced personnel employed by the company on Jan. 1, 2018, excluding officers, will receive a $1,000 bonus in recognition of the new tax reform law. $AAON employs about 2,000 individuals at its Tulsa, Oklahoma and Longview, Texas facilities.

$WSO {{ '2018-01-02T13:05:39+0000' | timeago}} • Announcement

$WSO declared a regular quarterly cash dividend of $1.25 on each outstanding share of its Common and Class B common stock. The cash dividend is payable on Jan 31, 2018 to shareholders of record at the close of business on Jan 16, 2018.

$AMWD {{ '2018-01-02T12:08:16+0000' | timeago}} • Announcement

$AMWD completed purchase of RSI Home Products Inc. for consideration consisting of 1.46MM newly issued shares, about $354MM in net cash and the assumption of about $589MM of RSI debt.

$APOG {{ '2017-12-21T12:28:52+0000' | timeago}} • Announcement

For FY18, $APOG expects its revenue to grow approx. 20%. Diluted EPS is expected to be in the range of $2.58-2.68, which includes approx. $0.11 per share of expected 4Q restructuring charges. CapEx is anticipated to be about $55-60MM.

$APOG {{ '2017-12-21T12:24:12+0000' | timeago}} • Announcement

During 3Q18, $APOG's Architectural Framing Systems revenue rose 114% to $194.2MM. Revenues from Architectural Glass segment fell 9% to $96.6MM, due to delays caused by recent hurricane. Revenues in Architectural Services slipped 24% to $49.1MM. Large-Scale Optical Technologies revenue rose 18% to $26MM, due to strong customer orders.

$APOG {{ '2017-12-21T12:13:47+0000' | timeago}} • Announcement

$APOG, a provider of glass solutions, reported a 5% jump in its 3Q18 earnings, helped by strong performance of architectural framing systems segment. Net earnings rose to $23.6MM, or $0.82 per share from $22.55MM, or $0.78 per share in 3Q17. Adj. EPS was $0.90, up 15%. Revenue climbed 30% YoY to $356.5MM during the quarter.

$WOR {{ '2017-12-19T14:04:38+0000' | timeago}} • Announcement

During 2Q18, $WOR's Steel Processing's net sales was $538.4MM, up 6% helped by higher average direct selling prices. Pressure Cylinders' net sales rose 55% YoY to $300.9MM, due to contributions from the Amtrol acquisition and Engineered Cabs' net sales were $30.4MM, up 35%.

$WOR {{ '2017-12-19T13:57:16+0000' | timeago}} • Announcement

$WOR reported 20% jump in its 2Q18 net sales to $871.3MM, helped by higher average direct selling prices in Steel Processing, higher volumes in Pressure Cylinders and contributions from Amtrol acquisition. However, net income fell to $39.4MM, or $0.62 per share, from $46.6MM, or $0.72 per share in 2Q17, due to pre-tax impairment charges of $8.3MM.

$PPG {{ '2017-12-15T11:25:04+0000' | timeago}} • Announcement

$PPG BoD authorized the repurchase of $2.5Bil of outstanding common stock effective immediately. This program is in addition to the company’s existing share repurchase authorization, which was approved in Oct. 2016 and had approx. $1.4Bil remaining as of Sept. 30, 2017.

$XYL {{ '2017-12-11T13:46:00+0000' | timeago}} • Announcement

$XYL agreed to buy Pure Technologies Ltd. for an enterprise value of $397MM. Pure's BoD has unanimously approved the transaction and recommends that Pure shareholders vote in favor of the transaction. It is expected to close in 1Q18. Xylem expects to achieve at least $12MM in annual cost synergies within two years of closing.

$PPG {{ '2017-12-04T13:39:52+0000' | timeago}} • Announcement

$PPG completed a $1.4MM investment at its automotive adhesives and sealants (A&S) manufacturing and research and development (R&D) center in Saint-Just-en-Chaussee, France.

$AMWD {{ '2017-12-01T18:00:19+0000' | timeago}} • Announcement

$AMWD agreed to buy kitchen and bath cabinetry and home storage products manufacturer RSI Home Products Inc. The acquisition is expected to be immediately accretive to $AMWD's profit margins and adjusted EPS. The transaction is expected to close in $AMWD's quarter that ends Jan. 31, 2018.

$AMWD {{ '2017-12-01T17:58:10+0000' | timeago}} • Announcement

$AMWD agreed to buy kitchen and bath cabinetry and home storage products manufacturer RSI Home Products Inc. The implied enterprise value for RSI is about $1.075Bil, including $140MM in $AMWD common stock to be issued to RSI shareholders, about $346MM in cash and about $589MM of RSI debt to be assumed by $AMWD.

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