Precision Castparts Newswire

Comprehensive Real-Time News Feed for Precision Castparts.

Results 1 - 20 of 277 in Precision Castparts

  1. 's Top DowngradesRead the original story w/Photo

    Friday Jan 23 | Benzinga

    Analysts at Credit Suisse downgraded Precision Castparts Corp. from Outperform to Neutral. The price target for Precision Castparts has been lowered from $289 to $223.

    Comment?

  2. Credit Suisse Downgrades Precision Castparts On Reduced...Read the original story

    Friday Jan 23 | Benzinga

    In a report published Friday, Credit Suisse analyst Robert Spingarn downgraded the rating on Precision Castparts Corp. from Outperform to Neutral, and lowered the price target from $289.00 to $223.00. In the report, Credit Suisse noted, "While we think PCP is finally turning a corner from a messaging perspective, we will not know for sure until formal FY'16 guidance is introduced in May, and only then if guidance seems achievable.

    Comment?

  3. US Stock Futures Mostly Higher Ahead Of McDonald's EarningsRead the original story w/Photo

    Friday Jan 23 | Benzinga

    ... to a final reading of 49.6 in December. Broker Recommendation Analysts at Credit Suisse downgraded Precision Castparts Corp. (NYSE: PCP ) from Outperform to Neutral. The price target for Precision Castparts has been lowered from $289 to $223. ...

    Comment?

  4. Precision Castparts' (PCP) CEO Mark Donegan on Q3 2015 Results - Earnings Call TranscriptRead the original story w/Photo

    Thursday Jan 22 | Seeking Alpha

    Good morning, and welcome to Precision Castparts' Webcast and Conference Call to discuss its third quarter for fiscal 2015. The duration of the call will be 1 hour.

    Comment?

  5. Precision Castparts Earnings PreviewRead the original story w/Photo

    Thursday Jan 22 | Seeking Alpha

    Last week the company warned revenue and earnings would be negatively impacted by weak demand from oil & gas distributors and destocking by aerospace clients. Precision Castparts Corporation is set to announce Q4 2014 earnings after-hours today.

    Comment?

  6. Why Precision Castparts Missed EstimatesRead the original story

    Thursday Jan 22 | The Motley Fool

    Wall Street analysts reduced their estimates after the preannouncement, but earnings and guidance still came in lighter than the expectations. It was a tough quarter for Precision Castparts -- with organic sales and operating income both up 2% -- so let's take a detailed look at what went wrong in the quarter.

    Comment?

  7. Precision Castparts Posts Weak Results on Low Oil Demand, Deferred ShipmentsRead the original story w/Photo

    Thursday Jan 22 | Wall Street Journal

    Precision Castparts Corp. said Thursday that falling demand for oil, extended equipment maintenance problems and deferred shipments from aerospace customers led to weak results in the December quarter.

    Comment?

  8. Precision Castparts Q3 Profit Misses EstimatesRead the original story

    Thursday Jan 22 | Benzinga

    ... challenges in several of our end markets," said Mark Donegan, chairman and chief executive officer of Precision Castparts Corp. (PCC). "On the plus side, we made solid progress on our production and development aircraft and engines programs, growing ...

    Comment?

  9. Precision Castparts Third Quarter Fiscal 2015 Earnings Sales +5% to...Read the original story w/Photo

    Thursday Jan 22 | GlobeNewswire

    Precision Castparts Third Quarter Fiscal 2015 Earnings Sales +5% to $2.46 Billion; EPS of $3.09, +5% Per Share From Continuing Operations Organic sales up 2 percent year over year, despite headwinds from an aerospace customer's inventory actions, year-end shipment deferrals, softening oil & gas markets, and extended equipment maintenance PORTLAND, Ore., Jan. 22, 2015 -- Precision Castparts Corp. reported its results for the third quarter of fiscal 2015: "Our third quarter performance included some clear achievements, but we also faced some real challenges in several of our end markets," said Mark Donegan, chairman and chief executive officer of Precision Castparts Corp. .

    Comment?

  10. Alcoa Has Run Its Course, Shares Are TiredRead the original story w/Photo

    Wednesday Jan 21 | Seeking Alpha

    ... host of firms that continue to look to increase their exposure to the commercial aerospace markets from Precision Castparts (NYSE: PCP ) to United Tech (NYSE: UTX ) and beyond. The two top performing end markets in the industrial economy continue to ...

    Comment?

  11. Precision Castparts Corp. Price Target Cut to $224.00 by Analysts at JPMorgan Chase & Co.Read the original story

    Tuesday Jan 20 | AmericanBankingNews.com

    ... firms have also recently commented on PCP. Analysts at Barclays lowered their price target on shares of Precision Castparts Corp. from $270.00 to $245.00 and set an "overweight" rating on the stock in a research note on Tuesday. Analysts at RBC ...

    Comment?

  12. Precision Castparts Corp. Given New $245.00 Price Target at BarclaysRead the original story

    Tuesday Jan 20 | AmericanBankingNews.com

    ... Barclays' target price would indicate a potential upside of 19.37% from the company's current price. Precision Castparts Corp. ( NYSE:PCP ) traded up 2.81% on Tuesday, hitting $205.24. 3,342,202 shares of the company's stock traded hands. Precision ...

    Comment?

  13. Precision's Warning Indicates GE May Miss In Q4Read the original story w/Photo

    Tuesday Jan 20 | Seeking Alpha

    ... with this uncertainty removed. Call it luck. Call it experience. Call it what you will, but we removed Precision Castparts (NYSE: PCP ) from the Best Ideas portfolio in late September at nearly $240 per share, roughly 20% higher than current levels. ...

    Comment?

  14. Precision Castparts - Stock For Sale, Take The OpportunityRead the original story w/Photo

    Sunday Jan 18 | Seeking Alpha

    This is message is actually comforting as it indicates execution issues are not the main driver behind the revenue and earnings shortfall. Precision Castparts Corporation is the latest industrial business to warn about its profits for the latest quarter.

    Comment?

  15. Precision Castparts - Stock For Sale, Take The OpportunityRead the original story w/Photo

    Sunday Jan 18 | Seeking Alpha

    This is message is actually comforting as it indicates execution issues are not the main driver behind the revenue and earnings shortfall. Precision Castparts Corporation is the latest industrial business to warn about its profits for the latest quarter.

    Comment?

  16. Precision Castparts: A Long-Term Buy On The PullbackRead the original story w/Photo

    Saturday Jan 17 | Seeking Alpha

    Precision Castparts is a quality company with tremendous contracts in place in the aerospace industry, which accounts for nearly 70% of company revenue. The weakness in the oil and gas markets may weigh on revenue; it's important to remember this makes up a small percentage of Precision Castpart's total sales.

    Comment?

  17. Precision Castparts falls as energy industry demand weakensRead the original story w/Photo

    Saturday Jan 17 | Worcester Telegram & Gazette

    Profit at Wyman-Gordon's parent company, Precision Castparts Corp., a manufacturer of metal components, tumbled the most in more than six years after reporting disappointing fiscal third-quarter earnings amid a drop in demand from the energy industry. The shares slid 9.1 percent to close at $199.63 in New York, the most since December 2008.

    Comment?

  18. Precision Castparts and UBS are big market moversRead the original story w/Photo

    Friday Jan 16 | Seattle Post-Intelligencer

    The movie theater company decided against a sale, saying the move would not be in the best interest of its shareholders. The oil and gas exploration technology and services company reported better-than-expected fourth-quarter profit and cut jobs in response to falling oil prices.

    Comment?

  19. Oregon stocks weekly update: Precision Castparts down 13.03% Barrett Business up 12.53%Read the original story w/Photo

    Friday Jan 16 | The Oregonian

    For the week, Barrett Business Services had the biggest gain at 12.53 percent. Precision Castparts took the bigggest hit, falling 13.03 percent ending at $199.63.

    Comment?

  20. Analyst Update: Apple Inc., Johnson & Johnson, and Precision Castparts Corp.Read the original story

    Friday Jan 16 | SchaeffersResearch.com

    ... while Deutsche Bank cut its price target by $20 to $240, and maintained a "hold" opinion. As such, Precision Castparts Corp. was last seen 9.2% lower at $199.46, and earlier hit $186.17 -- its lowest mark since April 2013. PCP has underperformed the ...

    Comment?