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Stock Market & Financial Investment News

News Breaks
May 20, 2014
08:34 EDTPNRPentair holders approve change in place of incorporation to Ireland
Pentair announced that its shareholders voted to approve changing the place of incorporation of the publicly traded parent company of Pentair from Switzerland to Ireland. Based on the results of the extraordinary general meeting of Pentair shareholders, approximately 99% of Pentair's common shares voted at the meeting were voted in favor of the merger agreement pursuant to which the change in the place of incorporation will be effected. Pentair currently expects the change of the place of incorporation to be finalized during the week of June 1, subject to certain governmental approvals.
News For PNR From The Last 14 Days
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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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