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Stock Market & Financial Investment News

News Breaks
April 26, 2013
05:55 EDTECL, ECLEcolab management to meet with Oppenheimer
Meeting to be held in the Mid-Atlantic area on May 3 hosted by Oppenheimer.
News For ECL From The Last 14 Days
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February 24, 2015
08:36 EDTECLEcolab sees Q1 adjusted EPS 78c-83c, consensus 86c
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08:35 EDTECLEcolab sees FY15 adjusted EPS $4.50-$4.70, consensus $4.69
Sees FY15 adjusted gross margin 47%-48%, adjusted tax rate approx. 27%. The company says "When compared with the 2014 performance, we expect further solid fixed currency sales growth with improved growth in our Institutional, Industrial and Other segments and slower fixed currency sales gains in our Energy segment. We look for an improved adjusted gross margin, with a comparable selling, general and administrative (SG&A) ratio to sales, slightly lower interest expense and a similar adjusted tax rate versus 2014. Pension expense is expected to be an unfavorable $0.09 per share in 2015. We expect a lower number of shares outstanding for the full year. At current rates of exchange, we expect foreign currency to have an unfavorable impact on sales of five to six percentage points and be unfavorable to earnings per share by an estimated $0.26. Net, we expect solid fixed currency sales growth, improved efficiency, cost savings and merger synergies to more than offset impacts from unfavorable currency exchange and pension expense and produce another strong full-year adjusted earnings per share increase in 2015." Special gains and charges for the full-year 2015 are expected to be approximately a $0.20 per share net charge, primarily driven by restructuring charges and integration costs.
08:34 EDTECLEcolab announces plans to repurchase $1B of shares
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08:33 EDTECLEcolab reports Q4 adjusted EPS $1.20, consensus $1.20
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February 23, 2015
15:23 EDTECLNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Comcast (CMCSA), consensus 78c... Home Depot (HD), consensus 89c... American Tower (AMT), consensus 51c... Ecolab (ECL), consensus $1.20... Macy's (M), consensus $2.40... Pall Corp. (PLL), consensus 87c... Windstream (WIN), consensus 3c.

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