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Stock Market & Financial Investment News

News Breaks
July 7, 2014
08:57 EDTRPMRPM acquires Krud Kutter Cleaners and Removers
RPM announced that its Rust-Oleum Group has acquired Krud Kutter, a producer of cleaners and removers for residential, commercial and industrial environments. Krud Kutter has approximately $13Mmin annual sales. Terms of the transaction, which is expected to be accretive to earnings within one year, were not disclosed.
News For RPM From The Last 14 Days
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July 27, 2015
08:05 EDTRPMRPM sees FY16 capital expenditures of $120M
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07:40 EDTRPMRPM says consumer segment getting off to weak start in Q1 due to weather
Results for industrial segment, with 50% of its sales outside of the U.S. will be somewhat weighted to 2H16 due to expected negative impact of foreign exchange translation during 1H16, offset in part by expected continuing solid performance of the SPHC companies.
07:39 EDTRPMRPM sees FY16 Industrial segment sales growth of 8%-10%
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07:38 EDTRPMRPM sees FY16 consumer segment sales up 4%-5%
The company said core consumer business continues to gain market share with new product innovations, but poor weather from the spring has continued into the summer months, dampening first-quarter sales. Expects both top- and bottom-line growth in Synta and Kirker units.
07:37 EDTRPMRPM sees FY16 EPS $2.55, consensus $2.73
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07:36 EDTRPMRPM reports Q4 Industrial segment sales up 14.2% to $878.5M
Reports Q4 Industrial segment organic sales up 6.4%. Reports Q4 Consumer segment sales down 2.5% to $494.7M, organic sales down 1.3%.
07:35 EDTRPMRPM reports Q4 EPS 94c, consensus 84c
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