Pentair Approves Plan to Split into Two Independent Companies
Separation expected to occur through a tax-free spin-off.
May 9, 2017
BMC Stock Sales Up 4.2% in 1Q
Company's profit of $3.7 million up from loss same quarter last year.
Canadian Building Permits Down 5.8 percent in March
Decrease mainly the result of lower construction intentions for multi-family dwellings.
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Welbilt Inc Sales Up 0.7% in 1Q
Profit increased 72.3 percent for the quarter.
NFIB Small Business Optimism Down 0.2% in April
Third straight month of declining optimism drops index to 104.5.
Sealed Air Sales Up 2.6% in 1Q
The company reported a loss of $43.2 million for the quarter.
Manitowoc Sales Down 28.4% in 1Q
Company reported a loss of $36 million for the quarter.
Park-Ohio Sales Up 4.8% in 1Q
Profit increased to $9.8 million.
Regal Beloit Sales Down 0.5% in 1Q
Profit increased 11.5 percent year-over-year.
