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Stock Market & Financial Investment News

News Breaks
December 21, 2012
05:09 EDTCRCrane to acquire MEI Conlux Holdings for approximately $820M
Crane announced that it has signed an agreement to purchase 100% of the equity interests in MEI Conlux Holdings and its affiliate MEI Conlux Holdings from Bain Capital and Advantage Partners. The purchase price is approximately $820M on a cash free and debt free basis, representing 9.6 times MEI's estimated 2012 EBITDA of $85M. MEI, a leading provider of payment solutions for unattended transaction systems, serves customers in the transportation, gaming, retail, service payment and vending markets.
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July 28, 2014
19:06 EDTCRCrane announces 10% dividend increase
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19:04 EDTCRCrane sees strong second half sales growth, increases dividend 10%
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19:00 EDTCRCrane reaffirms FY14 EPS view ex-items $4.55 - $4.75, consensus $4.69
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18:57 EDTCRCrane reports Q2 non-GAAP EPS $1.15, consensus $1.16.
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15:47 EDTCRNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include General Growth Properties (GGP), consensus 30c; Eastman Chemical (EMN), consensus $1.84; Range Resources (RRC), consensus 40c; XL Group (XL), consensus 83c; Plum Creek Timber (PCL), consensus 30c; Masco (MAS), consensus 28c; Jacobs Engineering (JEC), consensus 80c; Herbalife (HLF), consensus $1.57; W.R. Berkley (WRB), consensus 77c; HEALTHSOUTH (HLS), consensus 47c; Denny's (DENN), consensus 8c; Integrated Device Technology (IDTI), consensus 16c; Advent Software (ADVS), consensus 34c; Tile Shop Holdings (TTS), consensus 11c; Meru Networks (MERU), consensus (11c); Crane Co. (CR), consensus $1.16.

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