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Stock Market & Financial Investment News

News Breaks
December 21, 2012
05:16 EDTCRCrane to acquire MEI Conlux
Eric Fast, president and CEO of Crane Co., said, "Excluding inventory step-up and one-time transaction costs, we expect MEI to be accretive to earnings within the first year of acquisition by approximately 25c per share, including 5c in synergies. We expect synergies to grow to $25M annually on a pre-tax basis, or 30c per share in 2015."
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September 23, 2014
08:38 EDTCRBofA/Merrill airlines/aerospace analysts hold analyst/industry conference call
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