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Stock Market & Financial Investment News

News Breaks
May 29, 2014
08:55 EDTNPO, NPOEnPro to host conference call
Conference call to discuss their subsidiary, Garlock Sealing Technologies' amended plan of reorgnization to be held on May 30 at 9 am. Webcast Link
News For NPO From The Last 14 Days
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April 30, 2015
07:12 EDTNPOEnPro seeing slowing demand from oil and gas markets
“OEM order activity remains firm in our semiconductor, aerospace and trucking markets, and we have a healthy backlog and order rate in Power Systems,” said Steve Macadam, president and CEO. “However, we are seeing slowing demand from oil and gas markets as low commodity prices result in reduced project and maintenance spending. In addition, we expect the weakness of the euro and other foreign currencies to continue to have an unfavorable effect on our results as we translate sales denominated in those currencies to U.S. dollars. Longer term, we expect to benefit from our strategic growth initiatives including growth from new products and recent strategic acquisitions.”
07:11 EDTNPOEnPro reports Q1 adjusted EPS 25c, consensus 28c
Reports Q1 revenue $277.5M, consensus $275.27M.

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