Precision Castparts Newswire

Comprehensive Real-Time News Feed for Precision Castparts.

Results 1 - 20 of 270 in Precision Castparts

  1. Power Generation Market Throws Precision Castparts A CurveballRead the original story w/Photo

    Yesterday | Seeking Alpha

    Weakened power generation sales have slowed revenue expansion for Precision Castparts, but the firm's exceptionally strong aerospace segment should be able to offset dislocations in the energy market. We're big fans of the resiliency of the commercial aircraft making business.

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  2. Why I Am Exiting My Position In General Electric.Read the original story w/Photo

    Friday | Seeking Alpha

    ... cost structure with incoming order levels," said Mark Donegan, chairman and chief executive officer of Precision Castparts Corp. "We have developed strong capabilities in the oil & gas and power pipe markets; however, near-term demand trends remain ...

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  3. Glean Information from Option ActionRead the original story w/Photo

    Thursday Apr 16 | GuruFocus.com

    Precision Castparts had been strengthening late on April 14. It closed at $215.97 on Tuesday after touching north of $217 intraday. Wednesday morning's pre-announcement of a $363 MM non-recurring charge and somewhat below expectation earnings saw the stock plunge as low as $203.94 within seconds of the opening.

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  4. CherryA Aerospace Landmark Decision Designates Century Fasteners Corp. with Boeing D1 RatingRead the original story

    Thursday Apr 16 | Freshnews

    ... tes, shear pin fasteners and installation tools. The company is a member of the SPS Fastener Division of Precision Castparts Corp.

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  5. Precision Castparts (PCP) Stock Falling Today on Weak GuidanceRead the original story w/Photo

    Wednesday Apr 15 | TheStreet.com

    ... in adjusted earnings analysts polled by Thomson Reuters are expecting. About 4.28 million shares of Precision Castparts have exchanged hands as of 2:22 p.m. ET, compared to its average trading volume of about 967,230 shares a day. Portland, OR-based ...

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  6. Precision Castparts Corp. Downgraded by DA Davidson to "Neutral"Read the original story

    Wednesday Apr 15 | AmericanBankingNews.com

    Shares of Precision Castparts Corp. traded down 3.44% during mid-day trading on Wednesday, hitting $208.54. 3,972,649 shares of the company's stock traded hands.

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  7. To keep unhappy investors at bay, Triumph Group needs more than a new CEO.Read the original story w/Photo

    Wednesday Apr 15 | TheStreet.com

    ... than an operator. Triumph since the beginning of 2013 has bought assets including Primus Composites from Precision Castparts , a hydraulics business from General Electric along with companies including General Donlee Canada . The next CEO figures to ...

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  8. Triumph Group Needs More Than a New CEO to Keep InvestorsRead the original story w/Photo

    Wednesday Apr 15 | TheStreet.com

    ... than an operator. Triumph since the beginning of 2013 has bought assets including Primus Composites from Precision Castparts , a hydraulics business from General Electric along with companies including General Donlee Canada . The next CEO figures to ...

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  9. Precision Castparts Gives Tepid ForecastRead the original story

    Wednesday Apr 15 | WRKO-AM Brighton

    Precision Castparts warned that earnings in its latest quarter will likely fall well below Wall Street expectations, as the metal-products maker struggles with deteriorating demand in its energy and power businesses.

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  10. Precision Castparts to book up to $363M chargeRead the original story w/Photo

    Wednesday Apr 15 | MarketWatch

    Precision Castparts Corp. on Wednesday warned that earnings in its latest quarter will likely fall well below Wall Street expectations, as the metal-products maker struggles with deteriorating demand in its energy and power businesses. Precision also disclosed that it has idled parts of its Morgantown, Pa., plant after an industrial explosion on March 27 killed one person and injured three others.

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  11. Precision Castparts profit hurt by energy industry demandRead the original story w/Photo

    Wednesday Apr 15 | Worcester Telegram & Gazette

    The parent company of Wyman-Gordon forecast lower-than-expected quarterly profit and said it will take as much as $363 million in writedowns because of declining demand for pipes used in the energy industry. Precision Castparts Corp., a manufacturer of metal components, said the biggest part of the writedown in fiscal fourth quarter earnings, as much as as $220 million, will be taken on its exit from a Chinese steel-tube maker.

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  12. S&P 500 Movers: PCP, DALRead the original story w/Photo

    Wednesday Apr 15 | Forbes.com

    ... has lost about 9.5% of its value. And the worst performing S&P 500 component thus far on the day is Precision Castparts (PCP), trading down 2.9%. Precision Castparts is lower by about 13.0% looking at the year to date performance. Two other ...

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  13. Precision Castparts Hit By Weak Oil Sector DemandRead the original story w/Photo

    Wednesday Apr 15 | Investor's Business Daily

    The maker of fasteners and castings for the aerospace and industrial markets said the charge would total $363 million with $125 million to $135 million from its oil and gas and power-pipe businesses and $210 million to $220 million from its 50% stake in Yangzhou Chengde Steel Tube. Precision is looking to sell its stake.

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  14. Precision Castparts Sets Write-DownsRead the original story w/Photo

    Wednesday Apr 15 | Wall Street Journal

    Precision Castparts Corp. on Wednesday said it would book up to $363 million in pretax charges to write down certain business and cut jobs in light of deteriorating demand.

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  15. Value Investor Bill Nygren Reveals His Two New Stock PicksRead the original story w/Photo

    Tuesday Apr 14 | GuruFocus.com

    ... been buying some new stocks. In the interview below he tips his hand on a couple of them. The first is Precision Castparts ( PCP ) which is a company Nygren has long admired but never found attractively valued. The recent pullback in shares from ...

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  16. Barron's Highlights GuruFocus for 'Extensive' Buffett CoverageRead the original story w/Photo

    Monday Apr 13 | GuruFocus.com

    In the wake of Berkshire Hathaway and 3G Capital's purchase of Kraft , Barron's searched for investing websites with insights into Buffett and company's strategy, and highlighted GuruFocus as a site to follow for extensive Warren Buffett coverage. In the April 11 article , Barron's refers to the Buffett-Munger newsletter pick of Precision Castparts as one that makes more sense than the Kraft purchase, a company that looks expensive to most investors.

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  17. Bill Nygren Buys Two New Stocks, Sells WalmartRead the original story w/Photo

    Wednesday Apr 8 | GuruFocus.com

    ... a 3.4% dividend yield and a strong balance sheet, we find Caterpillar to be a compelling investment. "Precision Castparts Corp. ( PCP ) is a manufacturer of complex metal components and products, including castings, forgings, fasteners and ...

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  18. Triumph Group Rises Most Since 2011 After CEO Frisby DepartRead the original story

    Wednesday Apr 8 | The Washington Post

    ... to target executives at industrial companies like United Technologies Corp., General Electric Co. and Precision Castparts Corp. "with track records of operations improvement." Frisby has been at Triumph, as president of the Aerospace Systems Group ...

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  19. Bill Nygren's Oakmark Fund - 1Q 2015 LetterRead the original story

    Wednesday Apr 8 | GuruFocus.com

    ... in these sectors during the quarter. We also initiated new positions in Caterpillar Inc. ( CAT ) and Precision Castparts Corp. ( PCP ), as discussed below. We eliminated the position in Walmart ( WMT ) because its share price appreciated toward our ...

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  20. Prem Watsa's Stocks With Growing EBITDARead the original story

    Wednesday Apr 8 | GuruFocus.com

    ... according to GuruFocus , New Oriental Education & Technology Group Inc. ( EDU ), NewMarket Corp ( NEU ), Precision Castparts Corp ( PCP ), and CSX Corp ( CSX ) are the 4 companies that are having the highest growing EBITDA. has a market Cap of $3.91 ...

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