Key Developments: CLARCOR Inc (CLC)

CLC on New York Consolidated

55.58USD
17 Apr 2014
Price Change (% chg)

$0.56 (+1.02%)
Prev Close
$55.02
Open
$55.04
Day's High
$55.97
Day's Low
$55.01
Volume
815,315
Avg. Vol
273,164
52-wk High
$65.08
52-wk Low
$47.99

Search Stocks

Latest Key Developments (Source: Significant Developments)

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

CLARCOR Inc acquires Bekaert Advanced Filtration business from NV Bekaert SA
Tuesday, 3 Dec 2013 06:42pm EST 

CLARCOR Inc:Says that it has acquired the Bekaert Advanced Filtration business from NV Bekaert SA for a purchase price of approximately euros 6 mln ($8 mln), before various contractual adjustments.Says the Advanced Filtration business is engaged in the same line of business as CLARCOR`s subsidiary, Purolator EFP - the manufacture and supply of engineered metal filters and systems used primarily in the polymer fiber and plastics industries.  Full Article

CLARCOR Inc Agrees To Acquire Air Filtration Business From General Electric Company`s Power And Water Division
Tuesday, 5 Nov 2013 07:00am EST 

CLARCOR Inc announced that it has entered into an agreement to acquire the Air Filtration business of General Electric Company's Power and Water division for approximately $265 million. Headquartered in Overland Park, Kansas and with manufacturing operations in Missouri, the UK and China, the business will continue to supply gas turbine air inlet filtration systems and filters to GE, under a multi-year supply agreement. The transaction is expected to close by the end of 2013.  Full Article

CLARCOR Inc Increases Quarterly Dividend by 26%
Monday, 30 Sep 2013 04:19pm EDT 

CLARCOR Inc announced that it resolved to increase the Company`s regular quarterly dividend by approximately 26%, from $0.135 per share of common stock to $0.17 per share of common stock. The Board further resolved to pay the new $0.17 per share dividend on October 18, 2013 to shareholders of record on October 11, 2013.  Full Article

CLARCOR Inc Lowers FY 2013 Guidance
Wednesday, 18 Sep 2013 07:12pm EDT 

CLARCOR Inc announced that it is lowering it's fiscal 2013 expectations for sales growth and diluted earnings per share. The Company expect fiscal 2013 diluted earnings per share to be between $2.35 and $2.45. This range includes the $0.10 per diluted share negative impact of both the $4.6 million loss on disposal of equipment and the $3.1 million non-cash pension charge recognized in the third quarter. For fiscal 2013, the Company expects sales growth in the range of 1.0% to 2.0%. The Company reported revenue of $1.122 billion in fiscal 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $1.153 billion and EPS of $2.52 for fiscal 2013.  Full Article

CLARCOR Inc Declares Regular Quarterly Dividend
Tuesday, 25 Jun 2013 05:00pm EDT 

CLARCOR Inc announced tat at its June board meeting declared a regular quarterly dividend of $0.135 per share of common stock. The dividend will be paid on July 19, 2013 to shareholders of record on July 8, 2013.  Full Article

Search Stocks