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Stock Market & Financial Investment News

News Breaks
December 21, 2012
07:25 EDTCR, CRCrane to host conference call
Conference call to discuss agreement to acquire MEI Conlux Holdings will be held on December 21 at 8 am. Webcast Link
News For CR From The Last 14 Days
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April 27, 2015
17:51 EDTCRCrane cuts FY15 sales decline to 6%-4% from decline of 4%-2%
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17:44 EDTCRCrane cuts FY15 EPS to $4.30-$4.50 from $4.45-$4.65, consensus $4.46
"Given the sustained strength of the U.S. dollar, we are updating our guidance to reflect foreign exchange rates as of the end of March, reducing full-year EPS expectations by 15c," said Crane.
17:42 EDTCRCrane reports Q1 adjusted EPS 92c, consensus $1.00
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April 14, 2015
08:27 EDTCRPrivate equity business model strong, results likely strong, says Oppenheimer
Oppenheimer's analyst says that private equity's business model is the best one he has seen in 30 years of following financial stocks. The firm expects most of the companies in the sector to report strong Q1 results, and predicts that investors will gain confidence in the sustainability of private equity firms' businesses. Oppenheimer identifies Crane (CR) and KKR (KKR) as its favorite names in the sector.

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