Key Developments: CLARCOR Inc (CLC)
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21 May 2013
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$55.01
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$54.98
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Latest Key Developments (Source: Significant Developments)
CLARCOR Inc Declares Regular Quarterly Dividend
CLARCOR Inc announced that it has declared a regular quarterly dividend of $0.135 per share of common stock. The dividend will be paid on Friday, April 19, 2013 to shareholders of record on April 8, 2013. Full Article
CLARCOR Inc Confirms FY 2013 EPS Guidance
CLARCOR Inc announced that it is confirming its current fiscal 2013 diluted earnings per share (EPS) guidance of $2.45 to $2.60. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of 2.57 for fiscal 2013. Full Article
CLARCOR Inc To Build New U.S. Distribution Center At Baldwin Filters
CLARCOR Inc announced that its Board of Directors has approved an approximately $40 million investment by its subsidiary Baldwin Filters, Inc. to build a new 400,000 square foot warehouse and distribution center adjacent to Baldwin`s current manufacturing facility in Kearney, Nebraska. The project is anticipated to take approximately two years to complete. Groundbreaking for the new facility is expected to take place in the spring of 2013 with the anticipated opening of the facility in the spring of 2015. Full Article
CLARCOR Inc Comments On FY 2013 Revenue Guidance; Issues FY 2013 EPS Guidance Below Analysts' Estimates
CLARCOR Inc announced that for fiscal 2013, it expects consolidated sales growth of 2.5% to 4.0% and diluted earnings per share of $2.45 to $2.60. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $1.20 billion and EPS of $2.62 for fiscal 2013. Full Article
CLARCOR Inc Declares Regular Quarterly Dividend
CLARCOR Inc announced that its Board of Directors at its December board meeting declared a regular quarterly dividend of $0.135 per share of common stock. The dividend will be paid on January 18, 2013 to shareholders of record on January 4, 2013. Full Article
CLARCOR Inc Increases Quarterly Dividend By 12.5%; Names New Chairman
CLARCOR Inc announced that its Board of Directors has resolved to increase the Company's regular quarterly dividend by 12.5%, from $0.12 per share of common stock to $0.135 per share of common stock. The Board resolved to pay the new $0.135 per share dividend on October 19, 2012, to shareholders of record on October 8, 2012. The Board also announced that it has appointed Christopher Conway, CLARCOR's current President, Chief Executive Officer and Director, to the position of Chairman of the Board, and appointed independent director Robert Burgstahler to the newly created position of Lead Director. Both appointments will become effective upon the retirement of the Company's current Executive Chairman, Norm Johnson, which is scheduled to occur at the end of November 2012. Full Article
CLARCOR Inc Lowers FY 2012 EPS Guidance; Issues Q4 2012 EPS Guidance Below Analysts' Estimates
CLARCOR Inc announced that for fiscal 2012, the Company is lowering earnings per share guidance to be in the range of $2.35 to $2.45, down from our previous guidance of $2.50 to $2.65. For fourth quarter, it expects diluted earnings per share to be in a range of $0.65 to $0.75. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $2.58 for fiscal 2012; EPS of $0.78 for fourth quarter of 2012. Full Article
CLARCOR Inc. Declares Regular Quarterly Dividend
CLARCOR Inc. announced that its Board of Directors at its June board meeting declared a regular quarterly dividend of $0.12 per share of common stock. The dividend will be paid July 20, 2012 to shareholders of record on July 6, 2012. Full Article
CLARCOR Inc. Lowers FY 2012 EPS Guidance
CLARCOR Inc. announced that it is reducing guidance for fiscal 2012 diluted earnings per share to $2.50-$2.65 from the previous guidance of $2.55-$2.70. According to I/B/E/S Estimates, analysts on average were expecting the Company to report EPS of $2.68 for fiscal 2012. Full Article
CLARCOR Inc. Announces Acquisition Of Modular Engineering Pty Ltd
CLARCOR Inc. announced that it has acquired 100% of the shares of Modular Engineering Pty Ltd. Modular will become a part of CLARCOR’s PECOFacet division, which is included within CLARCOR’s Industrial/Environmental Filtration segment. Terms of the acquisition were not disclosed. Full Article
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