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United States

EnPro Industries Inc (NPO.N)

NPO.N on New York Stock Exchange

67.02USD
21 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Enpro Industries prices offering of $150 million of senior notes
Tuesday, 21 Mar 2017 01:44pm EDT 

Enpro Industries Inc : Enpro Industries prices tack-on offering of $150 million of senior notes . Enpro Industries Inc - priced its previously announced offering of $150 million aggregate principal amount of its 5.875% senior notes due 2022 .Enpro Industries Inc - additional notes were priced at 101.0% of principal amount, plus accrued interest from march 15, 2017 to closing date.  Full Article

Enpro Industries announces proposed tack-on offering of $150 mln of senior notes
Monday, 20 Mar 2017 08:13am EDT 

Enpro Industries Inc : Enpro industries announces proposed tack-on offering of $150 million of senior notes . Enpro industries - announced its intention to commence an offering of $150 million aggregate principal amount of its 5.875% senior notes due 2022 .Enpro industries - additional notes will be treated as single series with outstanding $300 million aggregate principal amount 5.875% senior notes due 2022.  Full Article

Enpro industries qtrly loss per share $0.14
Wednesday, 15 Feb 2017 07:34pm EST 

Enpro Industries Inc : Enpro industries reports results for the fourth quarter of 2016 . Qtrly loss per share $0.14 . Enpro Industries Inc - in q4, company completed organization-wide cost reduction effort initiated late in q2 . Enpro Industries Inc qtrly adjusted diluted earnings per share $0.15 . Enpro Industries Inc - annualized cost savings are expected to be approximately $18 million on a consolidated basis from cost reduction effort . Enpro Industries Inc - assuming receipt of court approvals, expect consummation and reconsolidation of gst into enpro to occur in Q3 of this year . Enpro Industries Inc - "demand in nearly all of our markets continued to be soft in Q4" .Enpro Industries Inc qtrly net sales $286.9 million versus $321.9 million.  Full Article

Enpro industries qtrly loss per share $0.14
Wednesday, 15 Feb 2017 06:30pm EST 

Enpro Industries Inc : Enpro industries reports results for the fourth quarter of 2016 . Qtrly loss per share $0.14 . Enpro Industries Inc - in q4, company completed organization-wide cost reduction effort initiated late in q2 . Enpro Industries Inc qtrly adjusted diluted earnings per share $0.15 . Enpro Industries Inc - annualized cost savings are expected to be approximately $18 million on a consolidated basis from cost reduction effort . Enpro Industries Inc - assuming receipt of court approvals, expect consummation and reconsolidation of gst into enpro to occur in Q3 of this year . Enpro Industries Inc - "demand in nearly all of our markets continued to be soft in Q4" .Enpro Industries Inc qtrly net sales $286.9 million versus $321.9 million.  Full Article

EnPro Industries announces court approval of settlement regarding Canadian Asbestos claims
Thursday, 2 Feb 2017 06:30am EST 

EnPro Industries Inc : EnPro Industries announces court approval of settlement regarding Canadian Asbestos claims . EnPro Industries Inc - as contemplated by comprehensive settlement, GST and COLTEC have filed a modified joint plan of reorganization with bankruptcy court . EnPro industries-agreement further provides it is not binding on any of EnPro parties unless and until effective date of joint plan shall have occurred .EnPro Industries Inc - order approving settlement with workers' compensation boards for 10 canadian provinces to resolve current, future asbestos claims.  Full Article

EnPro Industries reports further progress in Asbestos resolution proceedings
Monday, 30 Jan 2017 08:30am EST 

EnPro Industries Inc : EnPro Industries reports further progress in Asbestos resolution proceedings . EnPro Industries Inc says anticipated corporate restructuring of EnPro's Coltec subsidiary has been completed . EnPro Industries Inc says in connection with restructuring, EnPro Holdings entered into a keep well agreement with OldCo . EnPro Industries Inc says Coltec successor files prepackaged chapter 11 petition . Timing of subsidiaries' emergence from bankruptcy remains on target .EnPro says under keep well agreement, EnPro Holdings will make equity contributions to OldCo sufficient, with other funds available to OldCo.  Full Article

EnPro Industries posts Q2 adj. earnings $0.60/shr
Tuesday, 2 Aug 2016 06:17pm EDT 

EnPro Industries Inc : Enpro Industries reports results for the second quarter of 2016 . Qtrly shr $0.17 . Qtrly net sales $313.2 mln vs $298.4 mln . Qtrly adj shr $0.60 . Initiated an organization-wide cost reduction effort late in q2 with $20 mln of estimated annualized savings on a pro forma basis . Remain on track for confirmation,ultimate consummation of joint plan of reorganization filed pursuant to settlement announced in march . "expect to reconsolidate gst into enpro late next summer" . Says "conditions in many of our markets continue to be quite soft" .Q2 shr view $0.66, rev view $311.9 mln -- Thomson Reuters I/B/E/S.  Full Article

EnPro Industries Inc declares regular quarterly dividend
Wednesday, 4 May 2016 06:30am EDT 

EnPro Industries Inc:Declared a regular quarterly dividend of $0.21 per share.Dividend is payable June 15, 2016 to shareholders of record on June 1, 2016.  Full Article

EnPro Industries Inc announces agreement to acquire Rubber Fab Gasket & Molding Inc
Monday, 25 Apr 2016 06:30am EDT 

EnPro Industries Inc:Announces agreement to acquire Rubber Fab Gasket & Molding Inc.Terms of deal were not disclosed.Rubber Fab will become part of EnPro's Garlock Family of Companies.Business will be acquired from Rubber Fab in a cash transaction.  Full Article

EnPro Industries Inc reaches permanent, comprehensive settlement of current and future asbestos claims
Thursday, 17 Mar 2016 04:53pm EDT 

EnPro Industries Inc:Has reached a comprehensive settlement to resolve current and future asbestos claims.Agreement contemplates the establishment of a $480 million trust to be fully funded within a year of consummation of the proposed plan.Says cash contribution of $400 million would be made upon consummation of the plan, and a contribution valued at $80 million would be made no later than the first anniversary of consummation.Estimates the present value, after tax, of these contributions to the Trust to be $284 million.  Full Article

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BRIEF-Enpro Industries prices offering of $150 million of senior notes

* Enpro Industries prices tack-on offering of $150 million of senior notes