Key Developments: Pall Corp (PLL)
72.70USD
21 May 2013
$0.77 (+1.07%)
$71.37
$72.18
$72.98
$71.84
251,188
484,254
$72.98
$49.97
Latest Key Developments (Source: Significant Developments)
Pall Corp Declares Quarterly Dividend
Pall Corp announced that its board of directors declared a quarterly dividend of $0.25 per share. The dividend is payable on May 21, 2013 to shareholders of record on the close of business on May 7, 2013. Full Article
Pall Corp Names Akhil Johri CFO
Pall Corp announced that its board of directors will appoint Akhil Johri as Chief Financial Officer (CFO), effective May 1, 2013. Full Article
Pall Corp Names Larry Kingsley As Interim CFO
Pall Corp announced that it has named Larry Kingsley, current Pall President and CEO, to serve as interim Chief Financial Officer (CFO) pending the completion of its search process to replace exiting CFO Lisa McDermott. The company also announced that Frank Moschella will resume the positions of Corporate Controller and Chief Accounting Officer (CAO). Both moves are effective March 10, 2013. As previously announced, Pall is currently conducting an external search for a new CFO. Full Article
Pall Corp Issues FY 2013 EPS Guidance In Line With Analysts' Estimates-Conference Call
Pall Corp announced that for fiscal 2013, it expects earnings per share (EPS) to be in the range of $2.95-$3.15. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $3.06 for fiscal 2013. Full Article
Pall Corp Declares Dividend And Increases Share Repurchase Authorization-DJ
Dow Jones reported that Pall Corp announced that its board of directors declared a quarterly dividend of 25 cents per share. The dividend is payable on February 22, 2013 to shareholders of record on the close of business on February 8, 2013. The Company also announced the increased the Company's authorization to repurchase shares of its common stock by $250 million. There is no time restriction on the company's share repurchase authorization. Full Article
Pall Corp Announces Resignation Of Chief Financial Officer
Pall Corp announced that Lisa McDermott, Chief Financial Officer (CFO) and Treasurer, will be leaving the Company effective March 10, 2013, in order to pursue other interests. While an external search is underway, Ms. McDermott will continue to serve the Company as CFO until her departure on March 10, 2013 or as soon as her successor is named. Full Article
Pall Corp Lowers FY 2013 EPS Guidance
Pall Corp announced that based on the order pattern and implied sales trend, the Company now expect pro forma EPS from continuing operations to be in the range of $2.95-$3.15 for fiscal 2013. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $3.11 for fiscal 2013. Full Article
Pall Corp Announces Dividend Increase
Pall Corp announced that it declared a 19% increase in the Company's quarterly dividend from the current rate of $0.21 to $0.25 per share. The dividend of $0.25 is payable November 2, 2012 to shareholders of record on October 12, 2012. Full Article
Avacta Group Plc and Pall Corp Extend Optim Distribution Relationship To India
Avacta Group Plc announced that it has signed its third agreement with Pall Corp. This latest agreement between the two companies is to sell and distribute Avacta's protein drug development tool "Optim" in India and follows on from the North American and South East Asian agreements which were signed in June and October last year. This development adds India to Pall's existing collaboration agreement, which already gives Pall exclusive marketing and distribution rights to Optim in a number of territories throughout the Pacific Rim, including South Korea, Australia, New Zealand and Singapore. Singapore, home to Pall's 'Centre of Excellence', will also act as a central hub for Malaysia, Indonesia, Thailand and Vietnam. Full Article
Pall Corp Issues FY 2013 EPS Guidance In Line With Analysts' Estimates
Pall Corp announced that for fiscal 2013, it expects pro forma earnings per share (EPS) in the range $3.05-$3.25. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $3.14 for fiscal 2013. Full Article

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