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Oil price tumble factor in Actuant Corp.'s quarter...

2015-03-18 20:07:49| Industrial Machines - Topix.net

The Actuant Corporation of Menomonee Falls reported a loss of almost $65 million in its fiscal second quarter, or $1.05 per share. Included in that figure was an $85 million pre-tax charge for Actuant's oil and gas business -- namely a weakening of its Viking and Cortland branches, which make cables and rent equipment used for offshore oil drilling.

Tags: price factor oil quarter

 

Industry Seeks FY16 Spending Boost for Corps Civil Works

2015-03-17 22:33:47| ENR.com: Headline News

Waterways and port groups favor higher appropriations from Harbor Maintenance and Inland Waterways Trust Funds.

Tags: works industry civil spending

 
 

Ex-Div Reminder for Bank of America Corp.'s Trust Preferred Securities

2015-03-10 02:27:18| Paper - Topix.net

Corp.'s Trust Preferred Securities will trade ex-dividend, for its quarterly dividend of $0.4031, payable on 3/16/15. As a percentage of MER.PRK's recent share price of $25.71, this dividend works out to approximately 1.57%, so look for shares of MER.PRK to trade 1.57% lower - all else being equal - when MER.PRK shares open for trading on 3/11/15.

Tags: america bank preferred trust

 

Slowly but surely some of our mega corps are being hauled up short

2015-03-03 13:05:43| Trucking - Topix.net

A few days ago it was revealed that Dodd/Frank is indeed "working," not to break up mega banks, but to help them shrink to a more manageable size. Helping things along has been Eric Schneiderman, the Attorney General of New York, who's been methodically going after fraudsters both large and small.

Tags: up short corps slowly

 

Four takeaways from SPX Corp.'s 2014 earnings

2015-02-13 23:02:37| Electronics - Topix.net

SPX Corp. reported 2014 earnings of $397.9 million, for adjusted earnings $9.25 per share, this week and investors reacted well. The stock rose sharply Thursday, closing at $90.18 from a close of $88.81 Wednesday.

Tags: corps earnings spx

 

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