Baird Remains Sidelined on Grace (GRA) Following Mixed 2Q Results
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Grace Announces Quarterly Dividend
August 1, 2016 6:05 AM EDTCOLUMBIA, Md., Aug. 01, 2016 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE: GRA) today announced that it has declared a quarterly cash dividend of $0.17 per share. The dividend is payable September 14, 2016, to shareholders of record at the close of business as of August 23,... More
Grace Reports Second Quarter 2016 Results
August 1, 2016 6:00 AM EDTIncome from continuing operations attributable to Grace of $38.1 million up 17% and Adjusted EBIT of $96.1 million up 17% Diluted EPS from continuing operations of $0.54 up 20% and Adjusted EPS of $0.74 up 45%Gross margin of 44.4% up 320 bps and Adjusted Gross Margin of 44.6% up 280 bpsNet cash flow provided by operating activities of $136.8 million and Adjusted Free Cash Flow of $132.5 million year-to-dateDeclaring quarterly cash dividend of $0.17 per share
COLUMBIA, Md., Aug. 01, 2016 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:... More
