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News Breaks
August 1, 2014
11:01 EDTWORWorthington acquires business of Midstream Equipment Fabrication for $40M
Worthington Industries announced that it has acquired the business of Midstream Equipment Fabrication. MEF manufactures patented horizontal heated and high pressure separators used to separate oilfield fluids and gas for customers drilling in the Eagle Ford Shale and is well-situated to serve customers in the Permian Basin. The purchase price was $40M.
News For WOR From The Last 14 Days
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September 24, 2015
09:05 EDTWOROn The Fly: Pre-market Movers
HIGHER: Arrowhead Research (ARWR), up 35% after disclosing top-line findings from the Heparc-2001 Phase 2a clinical study of ARC-520, its candidate for the treatment of chronic hepatitis B infection... Conatus Pharmaceuticals (CNAT), up 19% after the company's Phase 2 Portal Hypertension clinical trial of emricasan met its primary endpoints... Keryx Biopharmaceuticals (KERX), up 13% after announcing that the European Commission has approved Fexeric for the control of elevated serum phosphorus levels, or hyperphosphatemia, in adults with chronic kidney disease. LOWER: Caterpillar (CAT), down 5% after announcing restructuring plans, lowering revenue guidance, and having stock initiated with a Sell rating and a $28 price target at Axiom... Twitter (TWTR), down 1.5% after Citi cut estimates below consensus and lowered its price target to $30. DOWN AFTER EARNINGS: Worthington (WOR), down 12.5%... Accenture (ACN), down 3%.
September 23, 2015
17:23 EDTWORWorthington says 'optimistic' about momentum heading into Q2
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17:22 EDTWORWorthington reports Q1 adjusted EPS 54c, consensus 51c
Reports Q1 revenue $758.1M, consensus $844.96M.

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