Lennox International Reports Record Profit in Second Quarter

- Revenue up 3% and up 6% at constant currency
- Adjusted EPS from continuing operations up 22% to record $1.84
- GAAP EPS from continuing operations up 19% to record $1.79
- Updating 2015 revenue growth at constant currency guidance range from 4-8% to 4-7%
- Narrowing 2015 adjusted EPS from continuing operations guidance range from $5.20-$5.60 to $5.25-$5.50

DALLAS, July 20, 2015 -- Lennox International Inc. (LII) today reported financial results for the second quarter of 2015. Financial results reflect sold businesses in discontinued operations.

Revenue for the second quarter was $993 million, up 3% from the prior-year quarter including the negative impact from foreign exchange. At constant currency, revenue was up 6% on growth across all three business segments. Adjusted earnings per share from continuing operations was a record $1.84, up 22% from the prior-year quarter. On a GAAP basis, earnings per share from continuing operations was a record $1.79, up 19% from the prior-year quarter.

Shiloh Industries Reports Second Quarter 2015 Results

VALLEY CITY, OH--(Jun 4, 2015) -  Shiloh Industries, Inc. (NASDAQ: SHLO) today reported financial results for the second quarter ended April 30, 2015.

Second Quarter 2015 Highlights:

• Sales revenue for the quarter was $280.4 million, an increase of 34.2 percent compared to the prior year quarter
• Gross profit for the quarter improved by 39.3 percent and was $29.3 million, as the gross margin expanded by 40 basis points to 10.4 percent compared to prior year quarter
• Net income per share diluted for the quarter was $0.42 per share
• Announced plans to open a new aluminum casting plant in Nantong, China

  Published: 04 June 2015

  Written by Editor

  Nasdaq   Financial Results   Up on News  

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Stock Building Supply Holdings, Inc. and Building Materials Holding Corporation Announce Merger Creating Premier Building Materials Distribution Services and Solutions Company

Complementary Businesses Will Create Stronger, More Efficient Competitor Able to Accelerate Profitable Growth
Combination Enhances Geographic Reach in Key Growth Markets Across the United States and Expands Product and Service Offerings
Transaction Expected to Result in Annual Synergies of $30 to $40 Million and to Be Accretive to Stock Building Supply's Earnings per Share in the First Year Following Closing

RALEIGH, N.C. and ATLANTA, June 3, 2015 -- Stock Building Supply Holdings, Inc. (STCK) ("Stock Building Supply") and Building Materials Holding Corporation ("BMC"), two leading building materials and solutions providers to professional contractors, today announced the signing of a definitive merger agreement under which the two companies will combine in an all-stock transaction. The combined company is expected to have an implied pro forma enterprise value of $1.5 billion based on Stock Building Supply's closing price on June 2^nd.

PyroGenesis Announces Shipping the First of Ten Powder Production Systems for 3D Printing under a $12.5MM Contract

MONTREAL, May 25, 2015  - PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSXV:PYR.V), a TSX Venture 50^® clean-tech company (the "Company" or "PyroGenesis") that designs, develops, manufactures and commercializes plasma waste-to-energy systems and plasma torch products, announces today that it is shipping the first of ten powder production systems for 3D printing due under a $12.5MM contract signed last year.

As reported last July, the Company signed a contract with a major international manufacturer (the 'Customer') for ten plasma-based, powder production systems for 3D printing. Under the contract, PyroGenesis is to supply ten of its unique metal powder production platforms to an Asian Customer for a total contract value of $12.5 MM. The Customer's name was withheld for competitive reasons.