Actuant Agrees to Sell Electrical Segment for $258M
Actuant will sell the segment to Sentinel Capital Partners.
Actuant will sell the segment to Sentinel Capital Partners.
Pharmaceutical declines from expired contracts impacted results.
The company began a new expanded contract with Walgreen Co. during the fourth quarter.
During the first nine months, DXP spent $61 million on acquisitions.
Multi-family residential new construction continued to be a bright spot.
The risks we don't think about often disrupt business most.
Research found that customers aren't necessarily looking for what B-to-B businesses are trying to sell.
CEO: Weak industrial demand continued during the quarter.
The newly public company recorded a loss for the period of $5.5 million, including $9 million of charges related to its IPO.
In part due to restructuring activities, building products distributor reports a net loss for the period.
CFO: The Barnes Distribution North America contribution to results exceeded expectations.
Praxair also announced a new CFO.
Total sales for the company increased 2 percent year-over-year.
Excluding acquisitions, sales were essentially flat.
Profit decreased 3 percent.
Acquisitions contributed 5 percent.
For the 12 months ended September, prices for finished goods rose 0.3 percent.
JCC will operate as a wholly owned subsidiary of Leviton.
Only one of four segments saw a sales increase during the quarter.
Nine-month sales increased slightly.