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CIRCOR International Inc (CIR.N)

CIR.N on New York Stock Exchange

35.91USD
16 Aug 2019
Change (% chg)

$1.12 (+3.22%)
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$34.79
Open
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Volume
32,056
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66,727
52-wk High
$48.60
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$19.73

Latest Key Developments (Source: Significant Developments)

Crane Co Reports 66.77% Of Circor Shares Supporting Offer Upon July 19 Tender Expiration
Monday, 22 Jul 2019 

July 22 (Reuters) - Crane Co ::CRANE CO. REPORTS 66.77% OF CIRCOR SHARES SUPPORTING OFFER UPON JULY 19 TENDER EXPIRATION.CRANE CO - CO HAS INSTRUCTED DEPOSITARY TO PROMPTLY RETURN ALL CIRCOR SHARES PREVIOUSLY TENDERED AND NOT WITHDRAWN.CRANE - AS OF EXPIRATION OF TENDER OFFER, SOME CONDITIONS TO TENDER OFFER WERE NOT SATISFIED, CO & CR ACQUISITION COMPANY DID NOT WAIVE CONDITIONS.  Full Article

Circor Announces Deal To Dispose Of Its Long-Cycle Upstream Oil & Gas Engineered Valve Business
Thursday, 18 Jul 2019 

July 18 (Reuters) - CIRCOR International Inc ::CIRCOR INTERNATIONAL INC - DEFINITIVE AGREEMENT, DATED JULY 13, 2019, TO DISPOSE OF ITS LONG-CYCLE UPSTREAM OIL & GAS ENGINEERED VALVE BUSINESS.CIRCOR INTERNATIONAL INC - DEAL HAS AN EARNOUT OF 50 PERCENT OF NET INCOME OVER SEVEN YEARS UP TO A MAXIMUM OF EUR 18 MILLION.CIRCOR INTERNATIONAL INC - SEGMENT OPERATING LOSSES ATTRIBUTABLE TO PIBIVIESSE WERE $8.5 MILLION FOR FULL YEAR ENDED DECEMBER 31, 2018..CIRCOR INTERNATIONAL INC - DIVESTITURE TO P&P FLOW CONTROL, AN AFFILIATE OF CERTINA HOLDING AG.  Full Article

CIRCOR To Review Crane’s Revised Unsolicited Tender Offer
Monday, 8 Jul 2019 

July 8 (Reuters) - CIRCOR International Inc ::CIRCOR TO REVIEW CRANE’S REVISED UNSOLICITED TENDER OFFER.CIRCOR INTERNATIONAL INC - CIRCOR SHAREHOLDERS DO NOT NEED TO TAKE ANY ACTION AT THIS TIME.CIRCOR INTERNATIONAL INC - CIRCOR BOARD OF DIRECTORS WILL CAREFULLY REVIEW AND EVALUATE CRANE'S REVISED TENDER OFFER.  Full Article

Circor To Review Crane's Unsolicited Tender Offer
Monday, 17 Jun 2019 

June 17 (Reuters) - CIRCOR International Inc ::CIRCOR TO REVIEW CRANE'S UNSOLICITED TENDER OFFER.CIRCOR INTERNATIONAL INC - BOARD INTENDS TO MAKE ITS RECOMMENDATION WITH RESPECT TO TENDER OFFER TO SHAREHOLDERS WITHIN TEN BUSINESS DAYS.CIRCOR INTERNATIONAL INC - CIRCOR SHAREHOLDERS DO NOT NEED TO TAKE ANY ACTION AT THIS TIME..CIRCOR INTERNATIONAL INC - BOARD OF DIRECTORS INTENDS TO MAKE ITS RECOMMENDATION WITH RESPECT TO TENDER OFFER TO SHAREHOLDERS WITHIN TEN BUSINESS DAYS.  Full Article

Crane Co. Announces All-Cash Proposal To Acquire Circor At A Significant Premium
Tuesday, 21 May 2019 

Crane Co ::CRANE CO. ANNOUNCES ALL-CASH PROPOSAL TO ACQUIRE CIRCOR AT A SIGNIFICANT PREMIUM.CRANE CO. ANNOUNCES ALL-CASH PROPOSAL TO ACQUIRE CIRCOR AT A SIGNIFICANT PREMIUM.CRANE CO - PROPOSED DEAL FOR ENTERPRISE VALUE OF APPROXIMATELY $1.7 BILLION.CRANE CO - PROPOSED DEAL FOR $45 PER SHARE IN CASH.CRANE CO - TRANSACTION WILL NOT BE SUBJECT TO A FINANCING CONTINGENCY..CRANE CO - PROPOSED ALL-CASH TRANSACTION TO CIRCOR'S CEO SCOTT BUCKHOUT ON APRIL 30, 2019, TERMS OF WHICH WERE CONFIRMED BY A LETTER TO CIRCOR BOARD.CRANE CO - CRANE AND CIRCOR ARE COMPLEMENTARY BUSINESSES WITH NO EXPECTED REGULATORY DELAYS TO DEAL.CRANE CO - SUBMITTED A PROPOSAL TO BOARD OF DIRECTORS OF CIRCOR INTERNATIONAL TO ACQUIRE CIRCOR.CRANE CO - ON MAY 13, CIRCOR BOARD SUMMARILY REJECTED CRANE CO.'S PROPOSAL WITH NO OFFER OF DISCUSSIONS OR DUE DILIGENCE.  Full Article

Circor Reports First-Quarter 2019 Financial Results
Thursday, 25 Apr 2019 

April 25 (Reuters) - CIRCOR International Inc ::CIRCOR REPORTS FIRST-QUARTER 2019 FINANCIAL RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.38.Q1 GAAP LOSS PER SHARE $0.42.Q1 REVENUE $270 MILLION VERSUS REFINITIV IBES ESTIMATE OF $257.2 MILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.38 -- REFINITIV IBES DATA.SEES Q2 2019 ADJUSTED EARNINGS PER SHARE $0.40 TO $0.48 EXCLUDING ITEMS.SEES Q2 2019 GAAP LOSS PER SHARE $0.03 TO $0.13.SEES Q2 2019 REVENUE $270 MILLION TO $280 MILLION.Q2 EARNINGS PER SHARE VIEW $0.54, REVENUE VIEW $284.0 MILLION -- REFINITIV IBES DATA."ANTICIPATE IMPROVING RESULTS THROUGH YEAR".REDUCED DEBT BY $53 MILLION IN Q1."EXPECT STRONG FREE CASH FLOW FOR YEAR AND WE CONTINUE TO EVALUATE SALE OF NON-CORE BUSINESSES".EXPECT STRONG FREE CASH FLOW FOR YEAR.  Full Article

Circor Reports Fourth-Quarter And Year-End 2018 Financial Results
Wednesday, 27 Feb 2019 

Feb 26 (Reuters) - CIRCOR International Inc ::CIRCOR REPORTS FOURTH-QUARTER AND YEAR-END 2018 FINANCIAL RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.62.Q4 GAAP LOSS PER SHARE $1.06.Q4 REVENUE $301 MILLION VERSUS REFINITIV IBES ESTIMATE OF $308.8 MILLION.Q4 EARNINGS PER SHARE ESTIMATE $0.60 -- REFINITIV IBES DATA.SEES Q1 2019 ADJUSTED EARNINGS PER SHARE $0.32 TO $0.42 EXCLUDING ITEMS.SEES Q1 2019 GAAP LOSS PER SHARE $0.01 TO $0.15.SEES Q1 2019 REVENUE $245 MILLION TO $260 MILLION.QTRLY ORDERS OF $297 MILLION, UP 37% ON A REPORTED BASIS AND UP 2% ON A PRO FORMA ORGANIC BASIS.DEBT PAY DOWN OF $25 MILLION IN QUARTER.BACKLOG AS OF DEC 31, 2018 $526.9 MILLION VERSUS $502.5 MILLION LAST YEAR.  Full Article

Circor Aerospace & Defense New York & Lockheed Martin Enter Site Agreement For Hellfire Missile Program
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - CIRCOR International Inc ::CIRCOR AEROSPACE & DEFENSE NEW YORK & LOCKHEED MARTIN ENTER SITE AGREEMENT FOR HELLFIRE MISSILE PROGRAM.CIRCOR INTERNATIONAL INC - ESTIMATED VALUE OVER TERM OF AGREEMENT EXCEEDS $12.3 MILLION.  Full Article

Circor International Names Chadi Chahine As Chief Financial Officer
Wednesday, 2 Jan 2019 

CIRCOR International Inc ::CIRCOR INTERNATIONAL NAMES CHADI CHAHINE AS CHIEF FINANCIAL OFFICER.CIRCOR INTERNATIONAL INC - ANNOUNCED APPOINTMENT OF CHADI CHAHINE AS SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER.CIRCOR INTERNATIONAL INC - APPOINTMENT OF CHADI CHAHINE AS SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER, EFFECTIVE JAN 2.  Full Article

Circor Reports Q2 Adjusted Earnings Per Share $0.57
Thursday, 26 Jul 2018 

July 26 (Reuters) - CIRCOR International Inc ::CIRCOR REPORTS SECOND-QUARTER 2018 FINANCIAL RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $0.57.Q2 GAAP EARNINGS PER SHARE $0.30.Q2 REVENUE $301.4 MILLION VERSUS I/B/E/S VIEW $282.3 MILLION.Q2 EARNINGS PER SHARE VIEW $0.49 -- THOMSON REUTERS I/B/E/S.SEES Q3 2018 ADJUSTED EARNINGS PER SHARE $0.45 TO $0.55 EXCLUDING ITEMS.SEES Q3 2018 REVENUE $290 MILLION TO $300 MILLION.SEES THIRD-QUARTER GAAP LOSS PER SHARE OF $0.23 TO $0.06.SEES Q3 2018 GAAP LOSS PER SHARE $0.06 TO $0.23.Q3 EARNINGS PER SHARE VIEW $0.55 -- THOMSON REUTERS I/B/E/S.  Full Article

Deals of the day-Mergers and acquisitions

June 17 The following bids, mergers, acquisitions and disposals were reported by 2015 GMT on Monday: