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Business Wire (Free subscription) | 05/01/2009
MINNEAPOLIS--(BUSINESS WIRE)--Directors of Pentair, Inc. (NYSE:PNR) recently approved an increase in the company’s quarterly cash dividend of one cent per share, effective with the quarterly dividend payable in
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Reading Tea Leaves by Randy Wilson (Free subscription) | 19/12/2008
Targanta to lay off 75 percent of staff Employees laid off at FiveRuns Corp. Piedmont Hospital halts project, will cut jobs Vanda Pharmaceuticals cuts half its staff Caterpillar plants in Clayton, Sanford to have temporary layoffs Plug Power lays off 90 Pentair cutting 1,600 jobs, 110 in MN Whitman-Walker lays off 25% GSO plant to close, cut 143 jobs Georgia-Pacific to lay off Palatka [...]
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The Minneapolis/St. Paul Business Journal (Free subscription) | 18/12/2008
Citing rapidly declining global economic conditions, Pentair Inc. announced it will cut approximately 1,600 jobs, or 10 percent of its work force. (PNR)
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Star Tribune (Free subscription) | 18/12/2008
The cuts represent 10 percent of the Golden Valley company's workforce.
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Market Watch (Free subscription) | 18/12/2008
To account for sharp declines in market demand, industrial manufacturers Ingersoll-Rand and Pentair lower their respective earnings forecasts, with Pentair also planning to cut about 10% of its workforce.
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Reuters UK (Free subscription) | 18/12/2008
NEW YORK, Dec 18 (Reuters) - Ingersoll Rand and Pentair joined a growing list of industrial companies warning markets of tumbling revenues and sagging earnings as the economic slowdown slams the sector.
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Market Watch (Free subscription) | 18/12/2008
NEW YORK (MarketWatch) -- Pentair Inc. on Thursday lowered its forecast for adjusted fourth-quarter earnings from continuing operations to a range of 40 cents to 42 cents a share, compared to its previous view of 52 cents to 55 cents a share. On average, analysts polled by FactSet Research expected earnings of 48 cents a share. For the full year 2008, the company expects adjusted earnings of $2.19...
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Market Watch (Free subscription) | 18/12/2008
NEW YORK (MarketWatch) -- Pentair Inc. on Thursday lowered its forecast for adjusted fourth-quarter earnings from continuing operations to a range of 40 cents to 42 cents a share, compared to its previous view of 52 cents to 55 cents a share. On average, analysts polled by FactSet Research expected earnings of 48 cents a share. For the full year 2008, the company expects adjusted earnings of $2.19...
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Business Wire (Free subscription) | 18/12/2008
MINNEAPOLIS--(BUSINESS WIRE)--Pentair, Inc. (NYSE: PNR) today announced that it expects fourth quarter earnings per share from continuing operations (EPS) will be $0.40 to $0.42, on an adjusted basis. For the year, the
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Business Wire (Free subscription) | 18/11/2008
MINNEAPOLIS--(BUSINESS WIRE)--Pentair, Inc. (NYSE:PNR) today announced that it has agreed to sell its Spa and Bath business to Balboa Water Group in a cash transaction.
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Business Wire (Free subscription) | 04/11/2008
MINNEAPOLIS--(BUSINESS WIRE)--Pentair, Inc. (NYSE: PNR) Chairman and Chief Executive Officer Randall J. Hogan will present at the Baird 2008 Industrial Conference on November 11th, 2008 in
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The Minneapolis/St. Paul Business Journal (Free subscription) | 21/10/2008
Pentair Inc. reported a big dip in third-quarter profits, but said that full-year 2008 numbers will be 20 percent better than 2007, despite a projected flat-earnings fourth quarter. (PNR)