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Terex Corporation Announces First Quarter 2021 Results
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Orthofix Announces Exclusive US License for IGEA s Bone and Joint Stimulation Devices
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Pentair plc: Pentair Reports First Quarter 2021 Results
First quarter GAAP EPS of $0.78 and adjusted EPS of $0.81.
The company updates its full year 2021 GAAP EPS guidance to approximately $2.65 to $2.80 and on an adjusted basis to approximately $2.80 to $2.95.
Reconciliations of GAAP to Non-GAAP measures are in the attached financial tables.
Pentair plc (NYSE: PNR) today announced first quarter 2021 sales of $866 million. Sales were up 22 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales grew 19 percent in the first quarter. First quarter 2021 earnings per diluted share from continuing operations ( EPS ) were $0.78 compared to $0.43 in the first quarter of 2020. On an adjusted basis, the company reported EPS of $0.81 compared to $0.52 in the first quarter of 2020. Segment income, adjusted net income, free cash flow and adjusted EPS are described in the attached schedules.
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NuScale Power gets $40M Equity Investment from a Japanese Firm that Will Also Be Its EPC
NuScale Power announced April 5 on that it has completed an investment and strategic partnership agreement with JGC Holdings Corporation (JGC HD), a holding company of one of the world’s leading EPC contractor group companies headquartered in Japan.
As part of a commercial relationship with Fluor Corporation, NuScale’s majority investor and EPC partner in the United States, JGC HD will provide a $40 million cash investment in NuScale Power and partner with Fluor on the deployment of NuScale Power Plants.
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PRESS DIGEST-Canada - April 9 Reuters 5 hrs ago
April 9 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
THE GLOBE AND MAIL The investment arm of the Canada Pension Plan is restructuring its largest group by assets, according to internal memos, marking the fund manager s first substantial changes under newly appointed Chief Executive Officer John Graham. https://tgam.ca/3s1o0DN
NATIONAL POST The Chief Executive Officer of Royal Bank of Canada Dave McKay on Thursday said that a proposed tweak to a mortgage stress test could have a swift effect on the housing market, which he also noted is currently beset by limited supply and a surge in demand. https://bit.ly/3mBXgZx
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