Key Developments: Headwaters Inc (HW)
10.25USD
18 Jun 2013
$-0.01 (-0.10%)
$10.26
$10.29
$10.34
$10.18
406,348
681,999
$11.57
$4.06
Latest Key Developments (Source: Significant Developments)
Headwaters Inc Reaffirms FY 2013 EBITDA Guidance
Headwaters Inc reaffirmed fiscal 2013 adjusted EBITDA guidance of $110 million to $125 million. According to I/B/E/S Estimates, analysts are expecting the Company to report EBITDA of $118 million for fiscal 2013. Full Article
Headwaters Inc Reaffirms FY 2013 EBITDA Guidance
Headwaters Inc reaffirmed recently raised guidance of expected fiscal 2013 Adjusted EBITDA of $110 million to $125 million. Full Article
Faruqi & Faruqi, LLP Announces Investigation Of Headwaters Incorporated On Behalf Of Its Shareholders
Faruqi & Faruqi, LLP, announced that it is investigating potential claims against the board of directors of Headwaters Incorporated (Headwaters or the Company) concerning possible breaches of fiduciary duty and other violations of law related to the Company's compensation packages for its executive officers. The investigation focuses on the approval and awarding of certain stock options to executives that may have violated the Company's compensation plans. Full Article
Headwaters Inc Reaffirms FY 2013 Net Income Guidance; Raises FY 2013 EBITDA Guidance
Headwaters Inc announced that it is pleased with the underlying improvement in business and expect to generate net income from continuing operations in fiscal 2013. The Company expect adjusted EBITDA from continuing operations in fiscal 2013 to be in the range of $110 to $125 million, depending on the level of new housing starts, changes in stock price, and ability to effectively manage increased transportation and raw material costs. According to I/B/E/S Estimates, analysts are expecting the Company to report net income of $15.25 million and EBITDA of $116 million for fiscal 2013. Full Article
Law Firm of Levi & Korsinsky, LLP Launches Investigation into Possible Breaches of Fiduciary Duty by Board of Directors of Headwaters Inc in Connection with Executive Compensation
Levi & Korsinsky, LLP announced that it is investigating Headwaters Inc, and its Board of Directors in connection with the compensation provided to certain of its executive officers. Full Article
Headwaters Inc Announces Proposed Public Offering Of Common Stock
Headwaters Inc announced that it is offering 7,600,000 shares of common stock in a public offering. The underwriters will have a 30-day option to purchase up to an additional 1,140,000 shares from Headwaters. Headwaters expects to use the proceeds from the sale of the common stock to acquire the assets of Kleer Lumber, Inc., a manufacturer of high quality and eco-friendly cellular PVC trim board and moulding products, and for general corporate purposes. Deutsche Bank Securities and Stifel Nicolaus Weisel are acting as book-runners for the offering. Full Article
Headwaters Inc Enters Into Agreement to Acquire Assets of Kleer Lumber Inc
Headwaters Inc announced that it has entered into an agreement to acquire the assets of Kleer Lumber Inc manufacturer of cellular PVC trim board and moulding products. Headwaters` proposed acquisition of Kleer Lumber, which is targeted to close by December 31, 2012. Stifel Nicolaus Weisel served as exclusive financial advisor to Headwaters in connection with the acquisition. Financial terms of the transaction were not disclosed. Full Article
Headwaters Inc Issues FY 2013 EBITDA Guidance In Line With Analysts' Estimates; Reaffirms FY 2013 Net Income Guidance
Headwaters Inc announced that the underlying improvement in the business and, should end markets maintain their current momentum, expects to generate net income from continuing operations in fiscal 2013. The Company expects adjusted EBITDA from continuing operations for fiscal 2013 to be in the range of $100 million to $115 million, depending on the level of new housing starts, repair and remodeling spend, and the continued growth of newer products. According to I/B/E/S Estimates, analysts are expecting the Company to report EBITDA of $107 million for fiscal 2013 and net profit of $8.09 million for fiscal 2013. Full Article
Headwaters Inc Reaffirms FY 2012 EBITDA Guidance; Comments On FY 2013 Net Income Guidance
Headwaters Inc reaffirmed fiscal 2012 guidance and expects adjusted EBITDA guidance in the range of $85-$95 million. The Company expects to generate a net profit in fiscal 2013. According to I/B/E/S Estimates, analysts are expecting the Company to report EBITDA of $95 million for fiscal 2012 and net profit of $2.16 million for fiscal 2013. Full Article
Headwaters Inc Reaffirms FY 2012 EBITDA Guidance
Headwaters Inc reaffirmed fiscal 2012 guidance and expects adjusted EBITDA guidance in the range of $85-$95 million. According to I/B/E/S Estimates, analysts are expecting the Company to report EBITDA of $94.35 million for fiscal 2012. Full Article
Earnings vs. 
Estimates
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