Key Developments: ACCO Brands Corp (ACCO.K)

ACCO.K on New York Consolidated

6.06USD
15 Apr 2014
Price Change (% chg)

$0.06 (+1.00%)
Prev Close
$6.00
Open
$6.00
Day's High
$6.08
Day's Low
$5.89
Volume
403,080
Avg. Vol
721,907
52-wk High
$7.63
52-wk Low
$5.47

Search Stocks

Latest Key Developments (Source: Significant Developments)

ACCO Brands Corp gives FY 2014 guidance; EPS guidance below analysts' estimates
Wednesday, 12 Feb 2014 07:00am EST 

ACCO Brands Corp:Expects fiscal 2014 sales to decline in the mid-single digits.Expects fiscal 2014 adjusted earnings per share (EPS) of $0.70-$0.76, both of which assume negative effects of foreign currency.Reports net sales of $1.77 billion in fiscal 2013.Fiscal 2014 revenue of $1.70 billion - Thomson Reuters I/B/E/S.Fiscal 2014 EPS of $0.81 - Thomson Reuters I/B/E/S.  Full Article

ACCO Brands Corp updates on FY 2013 revenue guidance; lowers high end of prior FY 2013 EPS guidance
Tuesday, 14 Jan 2014 08:00am EST 

ACCO Brands Corp:Says for FY 2013 it expects sales to decline 5 pct, when compared to the prior-year pro forma level, to $1.79 billion, excluding a 2 pct negative impact from foreign currency (or $1.76 billion including the currency impact).Says it expects to meet its adjusted earnings per share guidance for FY 2013, which excluded the anticipated negative impact of foreign currency.Says it estimates that FY 2013 adjusted earnings per share, excluding an about 3 cent currency impact, are likely to be around $0.78-$0.79 (or $0.75-$0.76 including the currency impact).FY 2013 revenue of $1.75 billion - Thomson Reuters I/B/E/S.  Full Article

ACCO Brands Corp Lowers FY 2013 Guidance
Wednesday, 30 Oct 2013 07:01am EDT 

ACCO Brands Corp announced that as a result of a challenging industry and macro environment factors, the Company now expects fiscal 2013 sales to decline at a rate of mid- to high-single-digits. The Company expects fiscal 2013 adjusted EPS of $0.78-to-$0.81, excluding currency. The Company reported revenue of $1.759 billion in fiscal 2013. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $1.804 billion and EPS of $0.88 for fiscal 2013.  Full Article

ACCO Brands Corp Lowers FY 2013 Guidance
Wednesday, 31 Jul 2013 07:00am EDT 

ACCO Brands Corp announced that for fiscal 2013, it expects pro forma adjusted earnings per share to be $0.90-$0.95, or pro forma growth of 10% -16%, excluding currency. The earnings improvement is expected to be driven by the realization of $20 million of cost synergies and now $25 million of productivity improvements. The Company now expects fiscal 2013 sales to be down approximately 3%-6%, on a pro forma basis, excluding currency, driven by softer volume. The Company reported revenue of $1.758 billion in fiscal 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $1.8 billion and EPS of $1.00 for fiscal 2013.  Full Article

ACCO Brands Corp Reaffirms FY 2013 Guidance
Friday, 26 Apr 2013 07:01am EDT 

ACCO Brands Corp reaffirmed fiscal 2013 guidance and expects adjusted earnings per share (EPS) growth of 16% to 28%, resulting in a range of $0.95-$1.05. The company expects pro forma sales to be roughly even with the prior year. The Company reported revenue of $1.758 billion in fiscal 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $1.00 for fiscal 2013.  Full Article

ACCO Brands Corp Issues FY 2013 EPS Guidance In Line With Analysts' Estimates; Comments On FY 2013 Revenue Guidance
Wednesday, 13 Feb 2013 07:02am EST 

ACCO Brands Corp announced that for fiscal 2013, it expects adjusted earnings per share (EPS) growth of 16% to 28%, resulting in a range of $0.95-$1.05. The mid-point of the range assumes modest pro forma revenue growth, including sales synergies, and earnings improvement that is primarily driven by the realization of cost synergies and productivity improvements. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $1.01 on revenue of $1.92 billion for fiscal 2013.  Full Article

ACCO Brands Corp Announces Senior Management Changes
Monday, 14 Jan 2013 07:00am EST 

ACCO Brands Corp announced that Boris Elisman will succeed Robert J. Keller as Chief Executive Officer (CEO)effective March 31, 2013. Mr. Keller will remain as Executive Chairman of the Company's Board of Directors. Mr. Elisman will also join the Company's Board of Directors when he becomes CEO.  Full Article

ACCO Brands Corp Reaffirms FY 2012 Guidance
Wednesday, 31 Oct 2012 07:01am EDT 

ACCO Brands Corp reaffirmed fiscal 2012 guidance and expects pro forma sales, including Mead C&OP for the entire 12 month period, to be $1.90-$1.95 billion, compared to $2.1 billion in the comparable 2011 year period, and adjusted pro forma earnings per share (EPS) in the range of $0.82-$0.85. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of 1.94 billion and EPS of $0.82 for fiscal 2012.  Full Article

ACCO Brands Corp Lowers FY 2012 Guidance; Raises FY 2013 EPS Guidance
Thursday, 9 Aug 2012 07:00am EDT 

ACCO Brands Corp announced that for fiscal 2012, it expects pro forma sales, including Mead C&OP for the entire 12-month period, to be $1.90-$1.95 billion, compared to $2.1 billion in the comparable 2011 year period. Adjusted pro forma earnings per share are expected to be $0.82-$0.85. For fiscal 2013 the company expects an increase in adjusted pro forma earnings per share of approximately $0.20, primarily driven by cost synergies. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of revenue of $1.99 billion and EPS of $1.00 for fiscal 2012; EPS of $1.15 for fiscal 2013.  Full Article

ACCO Brands Corp Reaffirms FY 2012 Revenue Guidance; Issues FY 2012 And FY 2013 EPS Guidance
Thursday, 10 May 2012 07:00am EDT 

ACCO Brands Corp announced that as previously stated on April 17, 2012, assuming the Mead Consumer & Office Products business was owned for all of 2012, combined sales are expected to be flat in fiscal 2012, compared to $2.1 billion in the comparable prior-year period, with modest growth at constant currency offset by negative impacts of foreign currency translation. The Company expects fiscal 2012 adjusted combined earnings per share (EPS) of approximately $1.06. The fiscal 2012 estimate assumes $0.02 of dilution due to higher share count, a $0.04 impact from adverse currency and does not assume any benefit from cost synergies. The benefits from the refinancing are included in both years. For fiscal 2013 the Company expects adjusted combined earnings per share to be around $1.25 per share, including cost synergies.  Full Article

Search Stocks