Key Developments: Courier Corp (CRRC.O)
14.76USD
17 May 2013
$-0.05 (-0.34%)
$14.81
$14.80
$14.81
$14.62
56,518
30,060
$14.99
$9.25
Latest Key Developments (Source: Significant Developments)
Courier Corp Lowers FY 2013 Revenue Guidance; Reaffirms FY 2013 Earnings Guidance
Courier Corp announced that for fiscal 2013, it expects sales of between $266 million and $281 million, earnings per diluted share (EPS) of between $.75 and $1.05 and EBITDA to be between $39 million and $45 million. Full Article
Courier Corp Acquires FastPencil
Courier Corp announced that it has acquired FastPencil, Inc., a developer of end-to-end, cloud-based content management technology. A startup headquartered in Campbell, California, FastPencil serves authors and publishers with full-featured, open-platform solutions spanning content, workflow, marketing and distribution. It also provides simple automated systems to help self-publishers get to market quickly and effectively in both print and e-book form, including the technology behind Barnes & Noble`s new NOOK Press, introduced earlier this month. Terms of the acquisition were not disclosed. Full Article
Courier Corp Reaffirms FY 2013 Guidance
Courier Corp announced that for fiscal 2013, it expects sales of between $268 million and $283 million, earnings per diluted share (EPS) of between $.75 and $1.05 and EBITDA to be between $39 million and $45 million. Full Article
Courier Corp Declares Quarterly Dividend and Announces New Share Repurchase Plan
Courier Corp announced that it has declared a dividend of 21.0 cents per common share, payable December 14, 2012 to stockholders of record on November 30, 2012. The amount of the dividend is the same as declared in the previous quarter. The Board of Directors also authorized the repurchase of up to $10 million of the Company's outstanding common stock to be carried out over the next twelve months. Share repurchases will take place from time to time at management's discretion depending on market conditions, share price and other factors, either on the open market or privately negotiated, and may include repurchases pursuant to Securities and Exchange Commission Rule 10b5-1 nondiscretionary trading programs. The share repurchase program may be suspended or terminated at any time without prior notice. Full Article
Courier Corp Issues FY 2013 Guidance; EPS Guidance In Line With Analysts' Estimates-Conference Call
Courier Corp announced that for fiscal 2013, it expects sales of between $269 million and $283 million, an increase of between 3% and 8% over the 53-week period of fiscal 2012, earnings per share (EPS) between $0.75 and $1.05, which compares with fiscal 2012 earnings of $0.91 per share and EBITDA to be between $39 million and $45 million compared to $42 million in fiscal 2012, again excluding restructuring charges. According to I/B/E/S estimates, analysts were expecting the Company to report EPS of $0.89 for fiscal 2013. Full Article
Courier Corporation Declares Quarterly Dividend
Courier Corporation announced that it has declared a dividend of $0.21 per common share, payable August 31, 2012, to stockholders of record on August 17, 2012. The amount of the dividend is the same as declared in the previous quarter. Full Article
Courier Corporation Declares Quarterly Dividend And Announces New Share Repurchase Plan
Courier Corporation announced the Board of Directors of the Company have declared a dividend of $0.21 per common share, payable May 25, 2012, to stockholders of record on May 11, 2012. The amount of the dividend is the same as declared in the previous quarter. The Board of Directors also authorized the repurchase of up to $10 million of the Company’s outstanding common stock to be carried out over the next twelve months. Share repurchases will take place from time to time at management’s discretion depending on market conditions, share price and other factors, either on the open market or privately negotiated, and may include repurchases pursuant to Securities and Exchange Commission Rule 10b5-1 nondiscretionary trading programs. The share repurchase program may be suspended or terminated at any time without prior notice. Full Article
Courier Corporation Issues FY 2012 Guidance
Courier Corporation announced that for fiscal 2012, it expects sales of between $271-$282 million and earnings per diluted share of between $.80 and $1.05. Full Article
Courier Corporation Declares Quarterly Dividend
Courier Corporation announced that the Board of Directors has declared a dividend of $0.21 per common share, payable February 24, 2012 to stockholders of record on February 10, 2012. The amount of the dividend is the same as declared in the previous quarter. Full Article
Courier Corporation Issues FY 2012 Guidance; EPS Guidance Below Analysts' Estimates
Courier Corporation announced that for fiscal 2012, it expects sales of between $273-$286 million, expects earnings per diluted share (EPS) of between $0.75-$1.05 and EBITDA to be between $39-$45 million. According to I/B/E/S estimates analysts are expecting the Company to report EPS of $0.95 for fiscal 2012. Full Article
Courier wants attitude change on Davis Cup team
- U.S. Davis Cup captain Jim Courier would like to see an attitude change in his singles players when the Americans take on Serbia and world number one Novak Djokovic in a quarter-finals tie next month in Boise, Idaho.
Earnings vs. 
Estimates
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
