Stocks With Major Move: Pentair plc (NYSE:PNR), Axalta Coating Systems Ltd. (NYSE:AXTA), Pfizer Inc. (NYSE:PFE)

April 8, 2015 10:34 AM

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Pentair plc (NYSE:PNR) [Trend Analysis] on Tuesday lowered its first quarter financial outlook, citing the negative impacted of a stronger dollar, slower than expected oil and gas industry shipments and orders, broad-based slowing of global capital spending, and customer inventory de-stocking. The company said that it now expects first quarter revenue to be $1.48 billion and earnings from continuing operations for the quarter to be about $0.65 per share. Previously, the company expected revenue of about $1.6 billion and earnings of $0.75 to $0.77 per share. Pentair plc (NYSE:PNR) stock closed at $64.46 in last session with the total traded volume of 743631. As taking short look on the firm profit margin was recorded 4.70% and operating margin was recorded 13.40%. The Financial Institutional ownership of the firm was 89.80% while by insiders was -33.63%.

Axalta Coating Systems Ltd. (NYSE:AXTA) [Trend Analysis] announced that an affiliate of Berkshire Hathaway Inc. has entered into a definitive stock purchase agreement with certain affiliates of The Carlyle Group for the purchase of a total of 20 million of Axalta’s common shares for an aggregate pur...

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