$CR (Crane Co.)

$CR {{ '2016-04-25T21:16:26+0000' | timeago}} • Announcement

Industrial products manufacturer $CR reported an increase in 1Q16 earnings. Net income in 1Q16 increased to $55MM or $0.93 per share compared to $51.1MM or $0.87 per share in 1Q15. Sales were $660MM, down 3% from 1Q15. The sales decline comprised of a 2% impact from unfavorable FX and a core sales decline of 1%.

$A {{ '2018-01-19T17:03:14+0000' | timeago}} • Announcement

$A elected Dow Wilson, CEO of Varian Medical Systems Inc., to its BoD, effective March 20, 2018. Wilson is also a board member of AdvaMed, a U.S. trade association representing 80% of the medical technology firms in the U.S., and Varex Imaging Corp., which was created through the successful spin-off of Varian Medical.

$CR {{ '2018-01-11T16:16:13+0000' | timeago}} • Announcement

$CR completed the previously announced acquisition of Crane Currency. Crane said the combined businesses will be stronger together, offering end-to-end currency and security solutions, from substrate manufacturing and banknote design and printing to micro-optics and banknote validation.

$COL {{ '2018-01-11T15:45:20+0000' | timeago}} • Announcement

$COL's shareowners overwhelmingly approved the proposed acquisition of $COL by $UTX. $COL will be combined with UTC Aerospace Systems to create a new United Technologies business called Collins Aerospace Systems. The proposed transaction is expected to close by 3Q18.

$AIR {{ '2018-01-10T14:02:05+0000' | timeago}} • Announcement

$AIR declared a quarterly cash dividend of $0.075 per share, payable on February 5, 2018 to stockholders of record as of January 22, 2018.

$AIR {{ '2018-01-10T13:54:51+0000' | timeago}} • Announcement

$AIR's Chairman and CEO David P. Storch announced his plan to retire effective May 31, 2018. President and COO John M. Holmes was elected to become CEO effective June 1, 2018.

$MSM {{ '2018-01-10T12:40:41+0000' | timeago}} • Announcement

$MSM said its sales target for 2Q18 is between $761MM and $775MM, with average daily sales estimated to grow 9.1% annually. The company expects earnings per share in the range of $1.93 to $2.03 for the second quarter. Adjusted earnings, excluding special items, are forecasted between $1.00 per share and $1.04 per share.

$MSM {{ '2018-01-10T12:34:18+0000' | timeago}} • Announcement

$MSM, a distributor of metalworking and maintenance operations, reported a marked rise in 1Q18 profit on higher sales, helped by productivity growth and inputs from acquisitions. First quarter profit was $60MM or $1.05 per share, up from $54MM or $0.96 per share reported in the same period last year. Total sales moved up 12% to $769MM.

$A {{ '2018-01-09T19:50:20+0000' | timeago}} • Announcement

$A acquired Cork, Ireland-based Luxcel Biosciences, a developer of real-time fluorescence plate-reader based in vitro cell assay kits. This acquisition expands $A's cell analysis portfolio with the addition of easy-to-use assay kits that are compatible with industry standard plate-readers.  Financial terms of the deal were not disclosed.

$MSM {{ '2018-01-03T14:15:57+0000' | timeago}} • Announcement

$MSM's BoD declared a cash dividend of $0.58 per share, representing a 21% increase from the previous regular quarterly dividend of $0.48 per share. The dividend is payable on Jan. 30, 2018 to shareholders of record at the close of business on Jan. 16, 2018. The ex-dividend date is Jan. 12, 2018.

$AIR {{ '2017-12-21T21:38:07+0000' | timeago}} • Announcement

$AIR swung to net loss in 2Q18, hurt by the non-cash asset impairment and related charges of $54.2MM. Net loss was $22.6MM or $0.66 per share compared to net income of $12.1MM or $0.35 per share a year ago. Sales rose 6% to $449.7MM, aided by the strong sales growth in Aviation Services segment. Excluding charges, AAR Corp earned $0.35 per share.

$VMI {{ '2017-12-21T16:58:06+0000' | timeago}} • Announcement

$VMI appointed Donna Milrod and Stephen Kaniewski to its BoD, effective Jan. 1, 2018. Also effective Jan. 1, Mogens Bay, Chairman & CEO, will take over as Executive Chairman. Mr. Kaniewski, COO, will succeed Mr. Bay as CEO on Dec. 31, 2017. Catherine J. Paglia will succeed Kenneth E. Stinson as Lead Director upon his retirement on April 25, 2018.

$TXT {{ '2017-12-19T15:57:39+0000' | timeago}} • Announcement

Textron Aviation, a $TXT company, begun delivery to CanWest Air, a division of Nor-Alta Aviation Leasing Inc. When completed, this delivery will include nine Beechcraft King Air turboprop aircraft -- 8 King Air 250 and 1 King Air 350 aircraft -- which CanWest is buying to provide air ambulance support to Alberta Health Services in Alberta, Canada.

$PH {{ '2017-12-19T12:29:08+0000' | timeago}} • Announcement

Tech firm $PH said the US Department of Justice has filed a final judgment in the Delaware Court, seeking approval of settlement in a complaint regarding the company’s qualified aviation ground fuel filtration business. As per the terms, Parker will divest the Facet filtration unit, which was part of the CLARCOR businesses it had acquired earlier.

$TXT {{ '2017-12-18T20:31:44+0000' | timeago}} • Announcement

$TXT company Textron Aviation has obtained supplemental type certificate approval for the ‘Gogo AVANCE L5 connectivity system upgrade’ for its Cessna Citation X business jet. The system providers faster inflight connectivity speeds and enhanced network capacity. The company plans to introduce the AVANCE L5 system to more products.

$WNC {{ '2017-12-15T14:42:16+0000' | timeago}} • Announcement

Industrial manufacturing firm $WNC has appointed Mike Pettit as SVP and Group President for its Final Mile Products division, effective January 1, 2018. Pettit joined Wabash in 2012 as Director of Finance for Commercial Trailer Products, and went on to become VP of Finance and Investor Relations in 2014. Earlier, he held finance positions at $F.

$NX {{ '2017-12-12T12:45:40+0000' | timeago}} • Announcement

For FY18, $NX expects to generate net sales of about $890-900MM and adj. EBITDA of about $103-108MM.

$NX {{ '2017-12-12T12:41:50+0000' | timeago}} • Announcement

During 4Q17, $NX divested its non-core wood flooring business, Owens Flooring, on Oct. 31, 2017. The business generated $9.4MM of revenue and net income of less than $0.1MM.

$NX {{ '2017-12-12T12:37:47+0000' | timeago}} • Announcement

Maker of steel bars and aluminum impact extrusions $NX reported a dramatic rise in 4Q17 earnings, despite a 7% drop in revenues. Net income rose to $10.7MM, or $0.31 per share, from $5.4MM, or $0.16 per share during 4Q16. Adj. EPS was $0.37. Net sales fell to $233MM, hurt by the company's exit from business that did not meet financial objectives.

$B {{ '2017-12-11T16:20:55+0000' | timeago}} • Announcement

$B appointed Peter Gutermann to the position of SVP, General Counsel and Secretary. Prior to joining $B, Gutermann served as Corporate VP, Chief Ethics & Compliance Officer for $UTX.

$COL {{ '2017-12-11T14:12:09+0000' | timeago}} • Announcement

$COL said it will convene a special meeting of its shareowners on Jan. 11, 2018 to vote on the proposals in connection with the proposed acquisition of $COL by $UTX. $COL shareowners of record on Dec. 8, 2017 will be entitled to vote and the annual meeting is set for Feb. 1, 2018.

Recent Transcripts

AA (Alcoa Inc.)
Wednesday, January 17 2018 - 10:00pm
MSM (MSC Industrial Direct Co. Inc.)
Wednesday, January 10 2018 - 1:30pm
AIR (AAR Corp.)
Thursday, December 21 2017 - 9:45pm
NX (Quanex Building Products Corporation)
Tuesday, December 12 2017 - 4:00pm
A (Agilent Technologies Inc.)
Monday, November 20 2017 - 9:30pm
AIRI (Air Industries Group)
Thursday, November 16 2017 - 1:30pm
TGI (Triumph Group, Inc.)
Wednesday, November 8 2017 - 1:30pm
RBC (Regal Beloit Corporation)
Monday, November 6 2017 - 3:00pm
KTOS (Kratos Defense & Security Solutions, Inc.)
Thursday, November 2 2017 - 9:00pm
PH (Parker-Hannifin Corporation)
Thursday, November 2 2017 - 3:01pm
WTS (Watts Water Technologies, Inc.)
Thursday, November 2 2017 - 1:00pm
TTMI (TTM Technologies Inc.)
Wednesday, November 1 2017 - 8:30pm
LBY (Libbey Inc.)
Tuesday, October 31 2017 - 3:00pm
XYL (Xylem Inc.)
Tuesday, October 31 2017 - 1:00pm
MSM (MSC Industrial Direct Co. Inc.)
Tuesday, October 31 2017 - 12:30pm
TOWR (Tower International, Inc.)
Monday, October 30 2017 - 3:00pm
OIS (Oil States International Inc.)
Friday, October 27 2017 - 2:30pm
TEN (Tenneco Inc.)
Friday, October 27 2017 - 1:00pm
RS (Reliance Steel & Aluminum Co.)
Thursday, October 26 2017 - 3:00pm
F (Ford Motor Co.)
Thursday, October 26 2017 - 1:00pm

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