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Flowserve (NYSE:FLS) rose almost 1% after some speculation earlier that the the company could attract an activist, especially after news that its flow control Peer Crane (CR) was separating into two companies. Flowserve could be viewed as an activist candidate due to the company's l...
Crane (NYSE:CR) +1.7% pre-market after its board approved a plan to separate into two independent, publicly-traded companies. Crane Co. will retain the aerospace and electronics business as well as its process-flow technologies unit, while the payment and merchandising technologies busin...
Tax-Free Spin-Off Creates Two Optimized, Technology-Driven Companies with Strong Financial Profiles and Operating Metrics Payment and Merchandising Technologies Business to Become “Crane NXT” Aerospace & Electronics and Process Flow Technolo...
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...
For as long as there has been a Crane Co., there has been an unwavering commitment to the words and ideals of Richard T. Crane The Crane Foundation, Inc., a private charitable entity administered by members of Crane Co.’s leadership, recently donated $215,000 to suppo...
Crane has been beating expectations and should have further growth on the way, as later-cycle process markets recover, aerospace builds increase, and cash-based transaction volumes recover. The aerospace business has established leadership in areas like braking and sensing and could p...
Transportation is the only undervalued industrial subsector relative to 11-year averages. Building/construction/equipment is the most overvalued one. VIS: almost an equivalent to XLI. 10 stocks cheaper than their peers in March. For further details see: VIS: Industri...
Crane Co. (NYSE: CR), a diversified manufacturer of highly engineered industrial products, reported today that the Department of Justice (“DOJ”) has filed a complaint to enjoin the sale of its Engineered Materials segment to Grupo Verzatec, S.A. de C.V. (“Verzatec...
Crane's (NYSE:CR) proposed $360 million sale of its engineered materials business to Group Verzatec is being challenged the U.S. Dept. of Justice on antitrust grounds. The DOJ filed a civil lawsuit Thursday to stop Grupo Verzatec from acquiring its biggest competitor, Crane Composites, ...
Growing concerns over high inflation, escalating sanctions on Russia, and a surge in oil and commodity prices have pushed major benchmark indexes to correction territory. And analysts expect this string of concerns to culminate in a bear market. Therefore, we think it could be wise to bet on ...
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Crane Company (NYSE: CR) today announced its regular quarterly dividend of $0.205 per share for the third quarter of 2024. The dividend is payable on September 11, 2024 to shareholders of record as of August 30, 2024. About Crane Company Crane Company has delivered innovation and tech...
Shares of Crane Co. (NYSE: CR) traded at a new 52-week high today and are currently trading at $155.82. So far today, approximately 32,113 shares have been exchanged, as compared to an average 30-day volume of 247.44k shares. Crane Company, together with its subsidiaries, manufactures and sel...
Crane Company (NYSE: CR) announces the following schedule and teleconference information for its second quarter 2024 earnings release: Earnings Release: July 29, 2024 after close of market by public distribution and the Crane Company website at www.craneco.com . Teleconference...