Author: Steven Adams

Store Capital Beats FFO Estimates

Store Capital Beats FFO Estimates

Store Capital (STOR) announced earnings February 20th, with total revenue of $173.5 million for the fourth quarter. This brought total revenue for all of 2019 to $665.7 million.  Christopher Volk, Store Capital CEO, noted the company, “Delivered another year of record investment volume in 2019, reflecting our ongoing success in addressing our large market.” In […]

Vulcan Materials Reports 15% Year-Over-Year Growth

Vulcan Materials Reports 15% Year-Over-Year Growth

Vulcan Materials (VMC) has reported fourth quarter earnings, delivering 15% year-over-year growth. In the current low interest, global slowing environment, earnings were aided by a surprising development. Rising prices. The Asphalt and Aggregates company was able to improve its pricing power, which dropped directly to the bottom line. Tom Hill, Vulcan Chairman and CEO stated, […]

Stanley Black & Decker Reports 3% Year-Over-Year Revenue Increase

Stanley Black & Decker Reports 3% Year-Over-Year Revenue Increase

Stanley Black & Decker (SWK) has been trending higher since reporting in line Q4 earnings. Quarterly revenue rose 2%, while EPS came in at $2.18, rising 3% quarter-over-quarter. Full year 2019 revenue was $14.4 billion rising 3% year-over-year. The company calculated losses from external sources, including tariffs and currency fluctuations, at $445 million. This resulted […]

Illinois Tool Works Beats Earnings and Revenue Estimates

Illinois Tool Works Beats Earnings and Revenue Estimates

A strong earnings report from Illinois Tool Works (ITW) calmed investors worried about the impact of coronavirus on the global manufacturer. ITW addressed the issue, while reporting earnings and revenue in line with expectations. The company was able to grow earnings per share 9%, and 5% for all of 2019, while executing in a declining […]

Celanese Corporation Solidifies Leadership in Acetyl Products With Acquisition of Elotex

Celanese Corporation Solidifies Leadership in Acetyl Products With Acquisition of Elotex

Celanese Corporation (CE) has announced the expansion of a key business line through the acquisition of a business unit of Nouryon. Celanese will acquire Nouryon’s redispersible polymer powders operating in both Europe and China.  The deal will result in the Elotex brand being transferred to Celanese. It includes all production facilities in Europe and Asia, […]