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India

Crane Co (CR.N)

CR.N on New York Stock Exchange

88.26USD
18 Apr 2019
Change (% chg)

$0.39 (+0.44%)
Prev Close
$87.87
Open
$88.18
Day's High
$89.00
Day's Low
$87.53
Volume
63,666
Avg. Vol
109,461
52-wk High
$100.14
52-wk Low
$67.34

Latest Key Developments (Source: Significant Developments)

Crane Co Says CEO Max Mitchell's FY 2017 Total Compensation Was $6.2 Mln
Thursday, 15 Mar 2018 

March 15 (Reuters) - Crane Co ::CRANE CO SAYS CEO MAX MITCHELL'S FY 2017 TOTAL COMPENSATION WAS $6.2 MILLION VERSUS $5.8 MILLION IN FY 2016 - SEC FILING.  Full Article

Crane Co. Announces Pricing Of $350 Million Of Senior Notes
Friday, 2 Feb 2018 

Feb 1 (Reuters) - Crane Co ::CRANE CO. ANNOUNCES PRICING OF $350 MILLION OF SENIOR NOTES.CRANE CO - ‍ANNOUNCED PRICING OF AN UNDERWRITTEN PUBLIC OFFERING OF $350 MILLION OF 4.20% SENIOR NOTES DUE 2048​.  Full Article

Crane Co Files For Potential Debt Shelf Offering, Size Not Disclosed
Tuesday, 30 Jan 2018 

Jan 30 (Reuters) - Crane Co ::CRANE CO FILES FOR POTENTIAL DEBT SHELF OFFERING, SIZE NOT DISCLOSED - SEC FILING.  Full Article

Crane Co. Q4 GAAP Loss Per Share $0.48
Tuesday, 30 Jan 2018 

Jan 29 (Reuters) - Crane Co ::. REPORTS 2017 RESULTS AND UPDATES 2018 GUIDANCE.SEES FY 2018 GAAP EARNINGS PER SHARE $4.65 TO $4.85.Q4 GAAP LOSS PER SHARE $0.48.Q4 SALES $714 MILLION VERSUS I/B/E/S VIEW $702 MILLION.Q4 EARNINGS PER SHARE VIEW $1.17 -- THOMSON REUTERS I/B/E/S.Q4 EARNINGS PER SHARE $1.18 EXCLUDING ITEMS.SEES FY 2018 EARNINGS PER SHARE $5.35 TO $5.55 EXCLUDING ITEMS.FLUID HANDLING ORDER BACKLOG WAS $262 MILLION AT DECEMBER 31, 2017, COMPARED TO $228 MILLION AT DECEMBER 31, 2016‍​.Q4 OF 2017 INCLUDED A ONE-TIME TAX CHARGE OF $87 MILLION RELATED TO TAX CUTS AND JOBS ACT.AEROSPACE & ELECTRONICS ORDER BACKLOG WAS $374 MILLION AT DECEMBER 31, 2017, COMPARED TO $353 MILLION AT DECEMBER 31, 2016‍​.SEES 2018 CORE SALES GROWTH OF +2 PERCENT TO +4 PERCENT.FULL YEAR 2018 FREE CASH FLOW EXPECTED TO BE IN A RANGE OF $220 MILLION TO $250 MILLION.SEES 2018 CAPITAL EXPENDITURES OF APPROXIMATELY $125 MILLION.FY2018 EARNINGS PER SHARE VIEW $5.16 -- THOMSON REUTERS I/B/E/S.ON A PRE-TAX BASIS, INCREMENTAL GROWTH INVESTMENTS ARE EXPECTED TO BE APPROXIMATELY $20 MILLION IN 2018 AND $10 MILLION IN 2019.  Full Article

Crane Co. Declares First Quarter Dividend And Announces 6 Pct Dividend Increase
Tuesday, 30 Jan 2018 

Jan 29 (Reuters) - Crane Co ::CRANE CO. DECLARES FIRST QUARTER DIVIDEND AND ANNOUNCES 6% DIVIDEND INCREASE.CRANE CO - BOARD OF DIRECTORS DECLARED A 6% INCREASE IN QUARTERLY DIVIDEND, TO $0.35 PER SHARE FROM $0.33 PER SHARE.  Full Article

Crane Co Says Entered $550 Million 5-Year Revolving Credit Agreement
Friday, 22 Dec 2017 

Dec 21 (Reuters) - Crane Co ::CRANE CO SAYS ENTERED $550 MILLION 5-YEAR REVOLVING CREDIT AGREEMENT - SEC FILING.CRANE CO - NEW REVOLVING CREDIT AGREEMENT REPLACES EXISTING $500 MILLION REVOLVING CREDIT FACILITY.  Full Article

Crane Co Says If Merger Deal Terminated Under Certain Circumstances, Crane & Co Inc To Pay Co Termination Fee Of $36 Mln
Wednesday, 6 Dec 2017 

Dec 5 (Reuters) - Crane Co ::CRANE CO SAYS IF MERGER DEAL TERMINATED UNDER CERTAIN CIRCUMSTANCES, CRANE & CO INC TO PAY CO TERMINATION FEE OF $36 MILLION - SEC FILING.  Full Article

Diversified Industrial Crane Co. To Acquire Crane & Co Inc For $800 Million
Wednesday, 6 Dec 2017 

Dec 5 (Reuters) - Crane Co ::DIVERSIFIED INDUSTRIAL CRANE CO. TO ACQUIRE BOSTON-BASED CRANE & CO., INC. (“CRANE CURRENCY”) FOR $800 MILLION.- INITIAL 2018 EARNINGS GUIDANCE IS $4.85-$5.05 PER DILUTED SHARE, EXCLUDING ANY POTENTIAL IMPACT FROM PENDING ACQUISITION OF CRANE CURRENCY.- ACQUISITION EXPECTED TO BE ACCRETIVE TO EPS BY $0.15 IN FIRST FULL YEAR POST-CLOSING, INCREASING TO ABOUT $1.00 BY 2021.- 2018 OUTLOOK INCLUDES A CORE SALES GROWTH ASSUMPTION OF +2% TO +4%.- EXPECT 2017 EARNINGS OF $4.38-$4.48 PER DILUTED SHARE.- EXCLUDING TRANSACTION RELATED CHARGES, CONTINUE TO EXPECT 2017 EARNINGS OF $4.45-$4.55 PER DILUTED SHARE.FY2017 EARNINGS PER SHARE VIEW $4.52 -- THOMSON REUTERS I/B/E/S.- INTENDS TO FINANCE ACQUISITION THROUGH A COMBINATION OF CASH ON HAND AND ADDITIONAL DEBT.- WITH THE ACQUISITION, CO EXPECTS TO DELIVER GREATER THAN 10% ADJUSTED EPS GROWTH FOR NEXT SEVERAL YEARS.- TO BUY CRANE CURRENCY FROM PRIVATE EQUITY FIRM LINDSAY GOLDBERG, MEMBERS OF CRANE FAMILY, AND OTHER SHAREHOLDERS.FY2018 EARNINGS PER SHARE VIEW $5.03 -- THOMSON REUTERS I/B/E/S.  Full Article

Crane Co reports Q3 earnings per share $1.13
Tuesday, 24 Oct 2017 

Oct 23 (Reuters) - Crane Co ::Crane Co reports third quarter results and raises full-year guidance.Q3 earnings per share $1.13.Q3 sales $696 million versus I/B/E/S view $681.5 million.Q3 earnings per share view $1.10 -- Thomson Reuters I/B/E/S.Sees fy 2017 earnings per share $4.45 to $4.55 excluding items.Sees FY 2017 GAAP earnings per share $4.41 to $4.51.Crane Co - ‍fluid handling order backlog was $269 million at September 30, 2017, compared to $228 million at December 31, 2016​.Crane co - ‍aerospace & electronics order backlog was $348 million at September 30, 2017, compared to $328 million at June 30, 2017.  Full Article

Crane Co Q2 earnings per share $1.14
Tuesday, 25 Jul 2017 

July 24 (Reuters) - Crane Co ::Crane Co. reports second quarter results.Q2 earnings per share $1.17 excluding items.Q2 gaap earnings per share $1.14.Q2 sales $703 million versus I/B/E/S view $702 million.Q2 earnings per share view $1.17 -- Thomson Reuters I/B/E/S.Sees FY 2017 earnings per share $4.35 to $4.55 excluding items.Sees FY 2017 gaap earnings per share $4.31 to $4.51 including items.Says fluid handling order backlog was $259 million at june 30, 2017 compared to $228 million at december 31, 2016, and $246 million at june 30, 2016.Qtrly aerospace & electronics order backlog was $328 million at june 30, 2017, compared to $353 million at december 31, 2016, and $436 million at june 30, 2016.Re-Affirming FY 2017 adjusted eps guidance of $4.35-$4.55.Excluding special items, q2 2017 earnings per diluted share were $1.17, compared to $1.21 per share in q2 of 2016.  Full Article

India Ratings for Indian debt instruments – Feb 13

Feb 13 Below are the ratings awarded by India Ratings and Research Private Ltd (India Ratings), formerly known as Fitch Ratings India for local debt instruments as of February 12, 2019. COMPANY INSTRUMENT RATING AMOUNT MOVEMENT (RS.MLN) ------ ---------- ------ ------ --------- SHORT TERM RATINGS: ---------------