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Precision Castparts First Quarter Fiscal 2016 Earnings

2015-07-28 09:58:55| Industrial Machines - Topix.net

Organic sales down 2 percent on a constant currency basis year-over-year, up 1 percent excluding oil & gas and other non-IGT power generation markets PORTLAND, Ore., July 28, 2015 -- Precision Castparts Corp. reported its results for the first quarter of fiscal 2016: "Operationally, Investment Cast Products delivered solid performance, effectively leveraging volume growth into strong margin expansion versus the first quarter of fiscal 2015," said Mark Donegan, chairman and chief executive officer of Precision Castparts Corp. "Industrial gas turbine and the next generation aircraft engines remain solid demand drivers for the segment.

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Precision Castparts to buy Noranco for $560 mln

2015-07-28 08:58:42| Industrial Machines - Topix.net

Precision Castparts Chairman and Chief Executive Mark Donegan said in prepared remarks Monday that the addition of Noranco "strengthens our existing market position in airframe products and their engine, landing gear, and machining capability will expand our product offering on current and next generation aircraft." Precision Castparts stated that Noranco's largest customers include Honeywell International Inc., Safran SA, Bombardier Inc., and Spirit AeroSystems Holdings Inc. Noranco, which has 1,100 employees in North America, has strong content positions on the next generation commercial platforms made by Boeing Co.

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Precision Castparts Corp. Sets First Quarter Fiscal 2016 Earnings Release Date

2015-07-15 00:06:34| Industrial Machines - Topix.net

Precision Castparts Corp. will host a conference call to discuss first quarter fiscal 2016 earnings on Tuesday, July 28, 2015, at 8:00 a.m. Pacific Time. This link will provide both audio and video through the Internet connection.

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Precision Castparts buys California manufacturer to strengthen aerospace position

2015-07-14 05:32:53| Industrial Machines - Topix.net

The Portland-based manufacturer said Monday it had acquired Composites Horizons LLC from American Industrial Partners. It will pay cash for the company, but did not disclose the financial terms of the deal, which is expected to close in 2016.

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Precision Castparts For Your Crosshair

2015-07-07 02:43:55| Industrial Machines - Topix.net

Precision Castparts Corp. surprises because it misses too many watch-lists. But that omission need go no further because $30 Billion mkt cap companies that generate $10 Billion in Revenue, Margins in excess of 30%, Interest Coverage over 25X, a P/E below the S&P500 average apparently don't make it to headline news but it is now on your desktop! Rhythmically PCP delivers opportunities for the patient & timely investor.

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