On Friday, Pier 1 Imports Inc (NYSE:PIR)’s shares inclined 0.58% to $12.07.
Pier 1 Imports Inc (PIR) declared that it will distribute its first quarter fiscal 2016 financial results after market close on Wednesday, June 17, 2015, followed by a conference call at 3:30 p.m. Central Time. The call will be hosted by Alex Smith, President and Chief Executive Officer, and Laura Coffey, Executive Vice President and Interim Chief Financial Officer.
Pier 1 Imports, Inc. engages in the retail sale of decorative home furnishings, furniture, gifts, and related items. The company offers decorative accents and textiles, such as rugs, wall decorations and mirrors, pillows, bedding, lamps, vases, dried and artificial flowers, baskets, ceramics, dinnerware, candles, fragrance, gift, and seasonal items.
Hovnanian Enterprises, Inc. (NYSE:HOV)’s shares dropped -0.63% to $3.17.
Hovnanian Enterprises, Inc. (HOV) a leading national homebuilder, will release financial results for the second quarter ended April 30, 2015 the morning of Tuesday, June 9, 2015. The Company will webcast its second quarter earnings conference call at 11:00 a.m. (ET) on Tuesday, June 9, 2015.
Hovnanian Enterprises, Inc. designs, constructs, markets, and sells residential homes in the United States. It constructs single-family detached homes, attached townhomes and condominiums, urban infill, and active adult homes. The company markets its build homes for first-time buyers, first-time and second-time move-up buyers, luxury buyers, active adult buyers, and empty nesters in 201 communities in 34 markets.
At the end of Friday’s trade, Eaton Corp plc (NYSE:ETN)‘s shares dipped -0.40% to $71.75.
MGX Minerals Inc. declared the Company has reached a Partnering Agreement (the “Agreement”) with Eaton Industries Corporation (ETN) and Highbury Energy Inc. to develop MGX’s flagship Driftwood Creek magnesium property (“Driftwood Creek” or the “Project”).
Eaton and Highbury will work with MGX to develop 7-10 additional industrial mineral projects using a similar business model.
Eaton will right away commence a Scoping Study at Driftwood Creek to establish initial engineering parameters and logistics with results in about 30 days. The envisioned processing plant will comprise industrial kilns and ancillary processing equipment for calcining magnesite ore. The kiln(s) will be powered in part by Highbury’s proprietary biomass gasification technology, which would convert organic matter into bio-gas to provide a clean, low-cost energy source for continued operations at Driftwood Creek.
Mining and processing operations at Driftwood Creek forecast production capacity of 100,000 tonnes per annum combined caustic calcined (CCM) and dead burned magnesia (DBM) products.
Eaton Corporation plc operates as a power administration company worldwide. Its Electrical Products segment offers electrical components, industrial components, residential products, wiring devices, and structural support systems, in addition to single phase power quality, emergency lighting, fire detection, circuit protection, and lighting products. The company’s Electrical Systems and Services segment provides power distribution and assemblies, three phase power quality products, hazardous duty electrical equipment, intrinsically safe explosion-proof instrumentation, utility power distribution products, power reliability equipment, and services.
Esterline Technologies Corporation (NYSE:ESL), ended its Friday’s trading session with -11.83% loss, and closed at $94.35.
Esterline Technologies Corporation (ESL) stated fiscal second-quarter profit of $19.8 million.
On a per-share basis, the Bellevue, Washington-based company said it had profit of 63 cents. Earnings, adjusted for non-recurring costs and restructuring costs, were $1.20 per share.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.31 per share.
The aerospace and defense supplier posted revenue of $500.1 million in the period, also falling short of Street forecasts. Four analysts surveyed by Zacks predictable $526.2 million.
Esterline Technologies anticipates full-year earnings in the range of $4.55 to $4.80 per share, with revenue in the range of $1.83 billion to $1.88 billion.
Esterline Technologies shares have fallen slightly more than 2 percent since the starting of the year. In the final minutes of trading on Thursday, shares hit $107.01, a decrease of 4 percent in the last 12 months.
Esterline Technologies Corporation designs, manufactures, and markets engineered products and systems primarily for aerospace and defense customers in the United States and internationally. It operates through three segments: Avionics & Controls, Sensors & Systems, and Advanced Materials. The Avionics & Controls segment offers global positioning systems, head-up displays, improved vision systems, and electronic flight administration systems for control and display applications.
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