Key Developments: CLARCOR Inc (CLC)

CLC on New York Consolidated

63.58USD
24 Oct 2014
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$0.90 (+1.44%)
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Latest Key Developments (Source: Significant Developments)

CLARCOR Inc increases quarterly dividend by 18 pct.
Friday, 26 Sep 2014 08:08pm EDT 

CLARCOR Inc:Says that board has resolved to increase the company's regular quarterly dividend by about 18 pct., from $0.17 per share of common stock to $0.20 per share of common stock.Resolves to pay the new $0.20 per share dividend on Oct. 17, to shareholders of record on Oct. 10.  Full Article

Clarcor Inc raises FY 2014 EPS guidance
Wednesday, 17 Sep 2014 05:10pm EDT 

Clarcor Inc:Projects FY 2014 GAAP diluted earnings per share to be in the range of $2.79 and $2.85, a $0.05 increase at the mid-point from prior FY 2014 diluted earnings per share guidance of $2.72 to $2.82.Projects FY 2014 non-GAAP adjusted diluted earnings per share to be in the range of $2.92 to $2.98.FY 2014 EPS of $2.82 - Thomson Reuters I/B/E/S.  Full Article

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

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