|Bid||79.75 x 800|
|Ask||79.86 x 800|
|Day's Range||79.49 - 81.21|
|52 Week Range||67.18 - 100.14|
|Beta (3Y Monthly)||1.56|
|PE Ratio (TTM)||13.90|
|Earnings Date||Jul 22, 2019 - Jul 26, 2019|
|Forward Dividend & Yield||1.56 (2.04%)|
|1y Target Est||104.14|
The Chicago-based jet maker said that more than 90 percent of Boeing’s T-X will be made with parts and components in America, supporting more than 17,000 jobs in 34 states.
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […]
U.S. industrial manufacturer Crane Co said on Tuesday it was willing to adjust its $894 million offer for smaller rival Circor International Inc if its board was willing to engage in talks. Crane, which makes pumps and valves, made a hostile takeover bid for Circor in May after an earlier offer was rejected by Circor.
STAMFORD, Conn.-- -- Crane Co. remains firmly committed to pursuing its proposal to acquire CIRCOR CIRCOR shareholders have expressed strong support for engagement and frustration with status quo following Crane’s May 21, 2019 Investor Call Proposal presents a compelling opportunity for CIRCOR shareholders to realize immediate and certain value Willing to adjust proposal if CIRCOR Board engages and ...
Crane (CR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Is Crane Co. (NYSE:CR) a good dividend stock? How would you know? Dividend paying companies with growing earnings can...
This rating action follows the announcement that Crane has launched a hostile take-over bid to acquire CIRCOR International, Inc. (B2, Stable) ("CIRCOR") in a transaction that would be valued at more than $1.7 billion. The review for downgrade reflects the uncertainty regarding timing, transaction execution, price, integration risks and financial leverage resulting from the proposed acquisition of CICOR. The review process will focus on Crane's financial profile, ability to deleverage following the proposed acquisition and potential synergies.
The department store operator's first quarter results and its profit forecast for the year fell short of forecasts. The drug developer is suing the U.S. government over a Medicaid drug rebate decision for its Acthar Gel. Crane Co. is offering to buy the industrial pumps and valves maker for about $895 million in cash.
Shares of Circor International Inc. rocketed 43% in afternoon trade Tuesday, putting them on track for their biggest-ever one-day gain, after industrial products maker Crane Co. said it proposed buying the technology products and sub-systems company in deal valued at $1.7 billion. Under terms of the proposal, Crane would pay $45 a share in cash for each Circor share outstanding, a 47% premium to Monday's closing price of $30.66. Crane said the proposal was made on April 30, and Circor rejected the bid on May 13. "While we had hoped to complete a transaction privately, the Board's rejection of our proposal without comment or discussion led to our decision to make our proposal known to Circor shareholders so they can express their views directly to the Circor Board," said Crane Chief Executive Max Mitchell. "We believe that this business, which has great brands and products, has been meaningfully undermanaged for years." Circor responded to Crane's disclosure, saying it rejected Crane's proposal because it determined the proposal was "highly opportunistic, substantially undervalued Circor and its future prospects and did not constitute a basis for engaging in further dialogue with Crane at this time." Circor's stock has more than doubled (up 105%) year to date, but was still down 15% over the past 12 months, while the S&P 500 has gained 4.9% the past year.
soared nearly 40% to $42.87 Tuesday after industrial manufacturer Crane Co. offered to buy the smaller company in a deal valued at $1.7 billion. Under the proposal, Crane would pay $45 a share in cash for each Circor share outstanding, a 47% premium to Monday's closing price of $30.66.
The Los Angeles-based global value manager NWQ Managers (Trades, Portfolio) bought shares of the following stocks during the first quarter. Warning! GuruFocus has detected 1 Warning Sign with WPX. The guru acquired a new position in WPX Energy Inc. (WPX), buying 2.34 million shares.
The $45-a-share cash bid is a 47% premium to Monday’s closing price and values Burlington, Massachusetts-based Circor at about $1.7 billion, including debt, Crane said Tuesday in a statement, confirming an earlier Bloomberg report. Circor shares rose 40% at 1:25 p.m. in New York, giving the company a market value of about $853 million. Circor received the offer on April 30 and rejected because it was too low, Circor said.
U.S. industrial manufacturer Crane Co on Tuesday made a hostile takeover bid for smaller rival Circor International Inc for about $894 million, after an earlier offer was rejected by Circor's board. Crane's cash offer of $45 per share represents a premium of about 47% to Circor's closing price on Monday. Circor's shares jumped 48.4% to $45.44.
Crane Co. (NYSE: CR ) announced Tuesday that it has submitted a proposal to the board of directors of CIRCOR International, Inc. (NYSE: CIR ) to acquire Circor for $45 per share in cash. The proposal represents ...
U.S. industrial products maker Crane Co said on Tuesday it has offered to buy smaller rival Circor International Inc in a deal valued at $1.7 billion. Crane's cash offer of $45 per share represents a premium ...
Crane Co. (CR), a diversified manufacturer of highly engineered industrial products, today announced that it has submitted a proposal to the Board of Directors of CIRCOR International, Inc. (CIR) or “CIRCOR,” to acquire CIRCOR for $45 per share in cash. Crane Co. proposed the all-cash transaction to CIRCOR’s President and CEO Scott Buckhout on April 30, 2019, the terms of which were confirmed by a letter to the CIRCOR Board of Directors.
The AFA wants its new leader to excel in policy advocacy, workforce development and industry development activities, says its board chairman John Monroe, who is overseeing the search.
The Crane Aerospace business is led by President Steve Zimmerman, who is responsible for its full line of aerospace components and products, including fluid management tools, landing systems, cabin systems, sensing systems, power solutions and microwave-based technology.
The deals are for the MQ-25 aerial refueler and work on its new Ascent business class airplane seat efforts.
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