Key Developments: CLARCOR Inc (CLC.N)

CLC.N on New York Stock Exchange

61.01USD
10 Jul 2014
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$-0.28 (-0.46%)
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Latest Key Developments (Source: Significant Developments)

CLARCOR declares regular quarterly dividend
Tuesday, 24 Jun 2014 06:12pm EDT 

CLARCOR Inc:Declares a regular quarterly dividend of $0.17 per share.Dividend will be paid on July 18 to shareholders of record on July 7.  Full Article

Clarcor Inc raises FY 2014 EPS guidance
Wednesday, 18 Jun 2014 05:08pm EDT 

Clarcor Inc:Projects FY 2014 GAAP diluted earnings per share to be in the range of $2.72 and $2.82 compared with previous FY 2014 diluted earnings per share guidance of $2.60 to $2.75.Says increase in this guidance range at the mid-point was primarily driven by the Stanadyne acquisition which it expect to be accretive for FY 2014.Projects FY 2014 non-GAAP adjusted diluted earnings per share to be in the range of $2.85 to $2.95.FY 2014 EPS of $2.73 - Thomson Reuters I/B/E/S.  Full Article

Clarcor Inc completes acquisition of Stanadyne filtration business
Thursday, 1 May 2014 04:28pm EDT 

Clarcor Inc:Completed the acquisition of the filtration business of Stanadyne Corporation.  Full Article

Stanadyne to sell Filtration Business to CLARCOR
Monday, 28 Apr 2014 04:38pm EDT 

Stanadyne Corp:To sell its Filtration business to Clarcor, Inc for about $325 mln.Proceeds will be used to retire debt and pay expenses related to the transaction.Closing is expected to occur in early-May.Robert W. Baird & Co. and Ropes & Gray LLP served as exclusive financial and legal advisors, respectively, to Stanadyne.XMS Capital Partners served as exclusive financial advisor and Bass Berry & Sims PLC served as lead legal advisor to CLARCOR in connection with the transaction.  Full Article

CLARCOR Inc agrees to acquire the filtration business of Stanadyne Corp
Monday, 28 Apr 2014 04:20pm EDT 

CLARCOR Inc:Entered into an agreement to acquire the filtration business of Stanadyne Corporation, a portfolio company of Kohlberg & Co., LLC, for about $325 million.Transaction is expected to close within the next two weeks.  Full Article

CLARCOR Inc declares regular quarterly dividend
Wednesday, 26 Mar 2014 05:28pm EDT 

CLARCOR Inc:Declares regular quarterly dividend of $0.17 per share of common stock.Dividend will be paid on April 21, 2014 to shareholders of record on April 7, 2014.  Full Article

CLARCOR Inc raises FY 2014 EPS guidance; gives FY 2014 revenue guidance in line with analysts' estimates
Wednesday, 19 Mar 2014 09:56pm EDT 

CLARCOR Inc:Says as a result of $2.8 million bargain purchase gain recognized pursuant to Bekaert Advanced Filtration acquisition, the company is increasing its fiscal 2014 guidance for consolidated diluted earnings per share (EPS) to be in range of $2.60 to $2.75.Says this revised guidance is $0.05 higher than its prior guidance at both the upper and lower ends.Says this guidance is inclusive of its anticipated financial results from the GE Air Filtration and Bekaert Advanced Filtration acquisitions.Says these expected results are based upon projected consolidated net sales between $1.410 bln and $1.470 bln for fiscal 2014.Fiscal 2014 EPS estimate $2.70 and revenue estimate $1.431 bln - Thomson Reuters I/B/E/S.  Full Article

CLARCOR Inc gives FY 2014 mixed guidance
Wednesday, 15 Jan 2014 08:54pm EST 

CLARCOR Inc:Says its guidance for consolidated fiscal 2014 diluted earnings per share (EPS)-inclusive of anticipated results from the GE Air Filtration and Bekaert Advanced Filtration acquisitions-is $2.55 to $2.70.Says these expected results are based upon projected consolidated net sales between $1.410 bln and $1.470 bln and consolidated operating margin between 13.25 pct. and 14.5 pct.Says inIncluded in its consolidated fiscal 2014 guidance are estimated diluted earnings per share of between $2.45 and $2.55 for the company's base business and from $0.10 to $0.15 from the GE Air Filtration and Bekaert Advanced Filtration acquisitions.Fiscal 2014 EPS of $2.73 - Thomson Reuters I/B/E/S.Fiscal 2014 revenue of $1.223 bln - Thomson Reuters I/B/E/S.  Full Article

CLARCOR Inc declares regular quarterly dividend
Wednesday, 18 Dec 2013 06:09pm EST 

CLARCOR Inc:Says has declared a regular quarterly dividend of $0.17 per share of common stock.Says the dividend is to be paid on Jan. 17, 2014 to shareholders of record on Jan. 3, 2014.  Full Article

CLARCOR Inc completes acquisition of Air Filtration Business from General Electric Co's Power & Water
Monday, 16 Dec 2013 06:26pm EST 

CLARCOR Inc:Completes acquisition of the Air Filtration business of General Electric Company`s Power & Water division.Says the acquired business will maintain and promote the well-known BHA and Altair names and operate as CLARCOR Industrial Air.Says CLARCOR is based in Franklin, Tennessee, and is a diversified marketer and manufacturer of mobile, industrial and environmental filtration products and consumer and industrial packaging products sold in domestic and international markets.Says common shares of the company are traded on the New York Stock Exchange under the symbol CLC.  Full Article

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