Canaccord Genuity Cuts Price target on Crane Co. (CR) Following 2016 Guidance
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REPEAT/Gabelli & Company’s 26th Annual Pump, Valve & Water Systems Symposium
January 27, 2016 7:00 AM ESTRYE, N.Y.--(BUSINESS WIRE)-- Gabelli & Company will host its 26th Annual Pump, Valve & Water Systems Symposium on February 25, 2016 in New York City. This research meeting will feature presentations, fireside chats, and one-on-one meetings with senior management of several leading industrial companies, with an emphasis on industry dynamics, new technologies, and company fundamentals.
Additionally, we are pleased to welcome keynote speaker Mark Woodson,... More
Crane Co. Declares First Quarter Dividend
January 25, 2016 5:53 PM ESTSTAMFORD, Conn.--(BUSINESS WIRE)-- Crane Co., a diversified manufacturer of highly engineered industrial products, today announced its regular quarterly dividend of $0.33 per share for the first quarter of 2016. The dividend is payable on March 10, 2016 to shareholders of record as of the close of business on February 29, 2016.
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Crane Co. Reports Fourth Quarter Results and Provides 2016 EPS Guidance
January 25, 2016 5:17 PM ESTExcluding Special Items, earnings per diluted share (EPS) of $1.12 decreased 1% compared to $1.13 in 2014. On a GAAP basis, EPS was $1.11 compared to $0.95 in 2014. Sales of $681 million declined 7% compared to 2014, driven primarily by unfavorable foreign exchange of 3%, and a core sales decline of 3%. Introducing 2016 EPS guidance of $3.85-$4.15 with core sales in a range of -1.5% to +1.5%.
STAMFORD, Conn.--(BUSINESS WIRE)-- Crane Co. (NYSE: CR), a diversified manufacturer of highly engineered industrial products, reported fourth quarter 2015 earnings of $1.11 per diluted... More
