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Stock Market & Financial Investment News

News Breaks
February 16, 2014
22:08 EDTNPOEnPro could rise another 25%, Barron's says
EnPro's stock could rise another 25%, to around $90 a share, driven by improving operations, increasing profit margins, and the company's subsidiary, Garlock, emerging from bankruptcy court, Barron's argues in a feature article. Reference Link
News For NPO From The Last 14 Days
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July 31, 2014
07:36 EDTNPOEnPro sees 'improved' results in most business for balance of year
The company said, "We expect improved results in most of our businesses for the balance of the year as we benefit from activity in our markets and internal developments. Order activity remains robust in our semiconductor, aerospace and trucking markets, and orders have improved in the process industries served by the Garlock family of companies and CPI. The company also pointed out that the company expects second half revenues and segment profits in the Power Systems segment to increase over the 1H14 and 2H13, primarily as a result of higher engine revenues and stronger aftermarket sales. At the same time we are seeing these developments in our markets, we also expect to benefit longer term from a number of strategic growth initiatives underway, including our investments in the Stemco distribution center, the new opposed piston engine in Power Systems, and focused business development efforts across the company."
07:34 EDTNPOEnPro reports Q2 adjusted EPS 57c, consensus 59c
Reports Q2 revenue $313.1M, consensus $312.57M.

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