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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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July 27, 2015
19:03 EDTCROn The Fly: After Hours Movers
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17:16 EDTCRCrane lowers FY15 ex-items EPS view to $4.10-$4.30 from $4.30-$4.50
Consensus $4.35. Management now expects FY15 core sales in a range of down 1% to up 1%, compared to its prior range of flat to up 2%.
17:14 EDTCRCrane reports Q2 EPS $1.06, consensus $1.06
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