On Wednesday, Rockwell Automation (NYSE:ROK)’s shares declined -0.77% to $115.84.
Rockwell Automation, Inc. (ROK) stated fiscal 2015 third quarter sales of $1,575.2 million, down 4.5 percent from $1,649.5 million in the third quarter of fiscal 2014. Organic sales grew 2.2 percent, and currency translation reduced sales by 6.8 percent.
Fiscal 2015 third quarter Adjusted EPS was $1.59, up 7 percent contrast to $1.49 in the third quarter of fiscal 2014. Total segment operating earnings were $343.7 million in the third quarter of fiscal 2015, up 5 percent from $326.1 million in the same period of fiscal 2014. Total segment operating margin expanded to 21.8 percent from 19.8 percent a year ago, primarily due to higher organic sales and strong productivity, partially offset by raised spending.
On a GAAP basis, fiscal 2015 third quarter net income was $206.1 million or $1.52 per share, contrast to $199.7 million or $1.43 per share in the third quarter of fiscal 2014. Pre-tax margin raised to 18.1 percent in the third quarter of fiscal 2015 from 16.6 percent in the same period last year.
Rockwell Automation, Inc. provides industrial automation power, control, and information solutions. The company operates through two segments, Architecture & Software and Control Products & Solutions. The Architecture & Software segment provides control platforms, counting controllers, electronic operator interface devices, electronic input/output devices, communication and networking products, and industrial computers that perform multiple control disciplines and monitoring of applications, such as discrete, batch and continuous process, drives control, motion control, and machine safety control.
VWR Corp (NASDAQ:VWR)’s shares gained 1.51% to $26.91.
VWR (VWR), a leading global, independent provider of products, services and solutions to laboratory and production facilities, is proud to be the exclusive sponsor of the Start-Up Stadium at the BIO International Convention in Philadelphia. The Start-Up Stadium Is a newly created event designed to provide start-up companies with the opportunity to deliver their pitch to key members of the investment community, venture philanthropy groups, and BIO attendees. Investors will provide live feedback and judge the sessions for an exciting and interactive experience.
As part of its sponsorship, VWR selected promising start-ups to present their emerging company. VWR is proud to declare that the following organizations will be joining 25 other start-up organizations to present at the convention next week.
VWR Corporation provides laboratory products, services, and solutions to the life science, general research, and applied markets worldwide. The company operates through two segments, Americas and EMEA-APAC. It offers chemicals, reagents, consumables, durable products, scientific equipment and instruments. The company also provides custom manufacturing solutions, counting buffers, reagents, and other chemicals used in biopharmaceutical and industrial applications, and production processes. In addition, it offers value-added service under the VWRCATALYST brand, counting sourcing and procurement, logistics, chemical, and equipment tracking and sample administration, in addition to scientific research support services, such as DNA extraction, bioreactor servicing, and compound administration.
At the end of Wednesday’s trade, AmTrust Financial Services Inc (NASDAQ:AFSI)‘s shares dipped -4.91% to $62.97.
In a press release issued under the same headline earlier recently by AmTrust Financial Services, Inc. (AFSI), please note that the Series D cash dividend should be $0.468750, not $0.467850. Also, the payable date should be September 15, 2015, not October 15, 2015 and the record date should be September 1, 2015, not October 1, 2015 as formerly stated.
AmTrust Financial Services, Inc., through its auxiliaries, underwrites and provides property and casualty insurance in the United States and internationally. It operates in three segments: Small Commercial Business, Specialty Risk and Extended Warranty, and Specialty Program.
SunOpta, Inc. (USA) (NASDAQ:STKL), ended its Wednesday’s trading session with -5.74% loss, and closed at $9.86.
SunOpta Inc. (STKL) a leading global company focused on organic, non-genetically modified and healthy foods, recently declared it has signed a definitive agreement to acquire the assets of Niagara Natural Fruit Snack Company Inc. (“Niagara Natural”). The acquisition closed contemporaneously with the execution of the definitive agreement.
Niagara Natural is a growing and innovative manufacturer of healthy non-GMO and organic fruit snacks, enhancing SunOpta’s existing healthy snack platform and focus on integrated consumer products. With the acquisition, SunOpta extends its market presence in fruit snacks and importantly will now have manufacturing operations in both the east and west, providing a competitively positioned platform to improve customer service and also generate meaningful operational and logistical synergies. The acquisition is predictable to be right away accretive to cash flows, and accretive in 2016 to earnings on a GAAP basis.
SunOpta Inc. sources, processes, packages, and markets natural, organic, and specialty food products in the United States, Canada, Europe, China, and Ethiopia. Its Global Ingredients segment offers identity preserved, non-genetically modified (non-GMO), and organic seeds and grains, counting soy, corn, and sunflower; seed and grain-based animal feed, and pet food products; and organic fruit- and vegetable-based raw materials and ingredients, sweeteners, cocoa, coffees, ancient grains, nuts, seeds and pulses, and other organic food products.
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