Laclede Group (LG) Tops Q2 EPS by 5c
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The Laclede Group Reports Second Quarter Results
May 6, 2015 7:00 AM EDTST. LOUIS, May 6, 2015 /PRNewswire/ -- The Laclede Group, Inc. (NYSE: LG) ("Company" or "Laclede") today reported operating results for the three months ended March 31, 2015, the second quarter of its fiscal year 2015. Highlights include:
Net economic earnings (non-GAAP) increased to $97.6 million, up from $51.7 million in the prior year, due to the addition of Alabama Gas Corporation (Alagasco) and growth in our gas utility segment Net economic earnings per fully diluted share (non-GAAP) of $2.25 compares to $1.58 per share last year Net income for the quarter was $94.4 million (or $2.18 per... MoreHolcim and Lafarge obtain merger clearances in the United States and Canada paving the way to closing their merger
May 4, 2015 6:27 PM EDTPARIS & ZURICH--(BUSINESS WIRE)-- Regulatory News:
Lafarge (Paris: LG) and Holcim have received final approval for their proposed merger from the competition authorities in the United States and Canada.
All competition approvals necessary for closing the transaction have now been obtained ahead of the expected closing in July 2015.
Following the regulatory assessment in all key jurisdictions, Holcim and Lafarge can now present a final list of divestments to satisfy regulatory requirements (See appendix).
These divestments remain subject to the completion of the merger, including a successful public exchange offering to Lafarges... More
