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Stock Market & Financial Investment News

News Breaks
March 21, 2013
08:52 EDTMOG.A, PNR, MOG.BMoog acquires Moog Moog Pentair subsidiary Aspen Motion Technologies for $34M
Moog (MOG.A, MOG.B) announced that it has acquired Aspen Motion Technologies, a subsidiary of Pentair (PNR), located in Radford, Virginia. The purchase price is approximately $34M in cash.
News For B;PNR From The Last 14 Days
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July 30, 2015
09:33 EDTBBarnes Group management to meet with Oppenheimer
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July 29, 2015
17:24 EDTPNRTrian Fund Management lowers stake in Pentair to 7.22% from 7.24%
The Trian Group continues to engage in constructive discussions with the company as well as the possibility of the Trian Group having representation on the company's board.
July 24, 2015
06:42 EDTBBarnes Group reports Q2 organic sales up 4%
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06:40 EDTBBarnes Group CEO sees FY15 a year of "good organic growth"
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06:38 EDTBBarnes Group narrows FY15 EPS view to $2.45 to $2.55 from $2.45-$2.60
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06:33 EDTBBarnes Group reports Q2 adjusted EPS 62c, consensus 61c
Reports Q2 revenue $315M, consensus $319.83M. Q2 industrial sales were $202.6M, down 5% from $212.8M in the same period last year. Q2 aerospace sales were $112.4M, up 3% from $109.3M in the same period last year.
July 23, 2015
16:55 EDTBBarnes Group to acquire Thermoplay for EUR50M
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July 22, 2015
10:01 EDTPNROn The Fly: Analyst Downgrade Summary
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07:06 EDTPNRPentair downgraded to Market Perform from Outperform at William Blair
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06:06 EDTPNRPentair downgraded to Hold from Buy at Jefferies
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July 21, 2015
07:12 EDTPNRPentair sees Q3 EPS 94c-97c, consensus $1.01
Sees Q3 revenue approximately $1.6B, consensus $1.62B. The company expects Q3 revenue to be approximately $1.6B, which would be down approximately 8%-9% on a reported basis and down 2%-3% on a core basis compared to Q3 of FY14 revenue. Going forward, Pentair will exclude non-cash amortization from adjusted EPS guidance to better reflect the company's performance.
07:11 EDTPNRPentair updates FY15 adj. EPS view to $3.80-$3.90 from $3.80, consensus $3.72
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07:07 EDTPNRPentair reports Q2 adjusted EPS 96c, consensus 95c
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July 20, 2015
15:01 EDTPNRNotable companies reporting before tomorrow's open
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08:12 EDTBBarnes Group management to meet with Jefferies
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