New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 15, 2013
06:15 EDTRPMRPM upgraded to Perform from Underperform at Oppenheimer
Oppenheimer upgraded RPM to Perform after management expressed confidence in meetings that the company's 524(g) asbestos trust process would resolve favorably.
News For RPM From The Last 14 Days
Check below for free stories on RPM the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 31, 2014
14:41 EDTRPMRPM files to delay 10-K
In a regulatory filing, the company said, "The Audit Committee of the company’s Board of Directors, with the assistance of independent advisors, is conducting an investigation of matters relating to the timing of our disclosure and accrual of loss reserves with respect to our settlement of the previously disclosed General Services Administration and Department of Justice investigation into compliance issues relating to our Tremco Roofing Division’s GSA contracts. The issues being reviewed by the Audit Committee are also the subject of a formal investigation by the SEC. The company is cooperating with the SEC in its ongoing investigation. We believe that the potential financial statement impact of this issue is confined to whether some or all of the reserve accrued in connection with our submission of a settlement proposal during the third quarter of fiscal 2013 should have been recorded during prior quarterly periods of fiscal 2013. As a result, the resolution of this matter is not expected to impact reported annual results for the full fiscal 2012, fiscal 2013 or fiscal 2014 years. The results of the investigation may affect management’s assessment of the company’s disclosure controls and procedures and internal control over financial reporting. As a result of the potential impact of the pendency of the Audit Committee’s investigation on unaudited comparative quarterly information contained in the company’s financial statements and the other required disclosures, the company is unable, without unreasonable effort or expense, to timely file its Form 10-K."
14:39 EDTRPMRPM files to delay 10-K
Subscribe for More Information
July 29, 2014
08:56 EDTRPMRPM has a luncheon meeting with Philadelphia Securities Association
Subscribe for More Information
July 28, 2014
11:04 EDTRPMRPM says raw materials 'relatively stable'
10:26 EDTRPMRPM says 'fully cooperating' with SEC
Subscribe for More Information
07:48 EDTRPMRPM agrees in principle to resolve asbestos personal injury claims
Subscribe for More Information
07:37 EDTRPMRPM sees FY15 EPS $2.38-$2.42, consensus $2.40
Sees FY15 revenue growth of 6%-8%, consensus $4.58B; Sees FY15 consumer segment sales growth of 5%-7%; Sees FY15 industrial segment sales growth of 6%-8%. The company said, "This expectation is predicated on continued growth within our consumer segment, as a result of continuation of trends from fiscal 2014: ongoing recovery in the North American housing market, market share gains and market acceptance of new products at higher price points than our traditional consumer product lines. In the industrial segment, we expect momentum in our European businesses to continue at a more moderate pace, with a return to growth at the Tremco roofing division, along with slow growth in businesses serving the North American commercial construction markets."
07:35 EDTRPMRPM notified that SEC investigating company on timing of GSA accrual
Subscribe for More Information
07:33 EDTRPMRPM reports Q4 Industrial segment sales pu 8.5% to $769.2M
Reports Q4 Industrial segment organic sales up 8.2%; Reports Q4 RPM's consumer segment up 10% to $507.5M, with organic sales up 9%
07:32 EDTRPMRPM reports Q4 EPS 80c, consensus 78c
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use