CR News and Press, Crane Co. From 10/04/22

Summary Gabelli Funds’ 13F portfolio value decreased from $15.22B to $13.02B this quarter. They increased NextEra Energy while decreasing Chevron. The top five positions are NextEra Energy, Microsoft, Alphabet, National Fuel Gas, and Mastercard, and they add up to ~7% o...

Summary Hyster-Yale Materials Handling has seen a lot of pain recently even as revenue and backlog rise. The company's profits and cash flows are struggling and that picture seems to be getting worse as time goes on. Add on top of this the weakening in orders the business is e...

Crane Holdings, Co., a diversified manufacturer of highly engineered industrial products, today announced its regular quarterly dividend of $0.47 per share for the fourth quarter of 2022. The dividend is payable on December 14, 2022 to shareholders of record as of the close of business ...

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...

Summary Following price declines since the start of 2022, A. O. Smith now looks to be reasonably valued. The business seems to be past the worst of the pandemic-related issues with good pricing, revenue, and margins in Q2. A. O. Smith is an attractive business with good profit...

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...

Transportation still is the most attractive subsector. VIS fast facts. 10 stocks cheaper than their peers in August. This monthly article series shows a dashboard with aggregate subsector metrics in industrials. It is also a review of sector exchange-traded funds ("ETFs"...

Crane ( NYSE: CR ) said Monday it divested its unit Redco , which holds all asbestos liabilities and related insurance assets, to Spruce Lake Liability Management Holdco. The deal removes all asbestos related liabilities and obligations, related insurance assets and associ...

Key Highlights Announces sale of subsidiary holding all asbestos liabilities, related insurance assets, and approximately $550 million of cash Buyer is Spruce Lake Liability Management, a long-term liability management company specializing in the acquisition and management...

Crane Holdings Co. has performed really well lately, driven by continued sales growth and rising net income. Some issues do exist, namely centered around other profitability metrics, but this doesn't change the investment thesis. On the whole, shares still look attractively priced...