Acquisitions, Opening of New Town Homes, Conference Call Schedules and Consolidation of Operations - Analyst Notes on Standard Pacific, Hexcel, NVR, CLARCOR and Regal
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NEW YORK, June 12, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Standard Pacific Corp. (NYSE: SPF), Hexcel Corp. (NYSE: HXL), NVR Inc. (NYSE: NVR), CLARCOR Inc. (NYSE: CLC) and Regal Beloit Corporation (NYSE: RBC). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3642-100free.
Standard Pacific Corp. Analyst Notes
On June 6, 2014, Standard Pacific Corp. (Standard Pacific) announced that it has acquired Austin, Texas-based Streetman Homes' homebuilding operations to strengthen its move-up position in Austin and giving it control of approximately 850 additional homesites in this market. According to the Company, the acquisition includes approximately 10 current and future communities, five of which are actively selling. Scott Stowell, Standard Pacific's CEO stated, "This exciting acquisition bolsters our growth strategy by increasing our land supply, community count and our target move-up position in the important Austin, Texas market. Streetman Homes has clearly earned its reputation as a high quality, move-up homebuilder with an emphasis on strong product execution and customer service which complements our existing operations while providing us with a number of communities in sought-after locations." The full analyst notes on Standard Pacific are available to download free of charge at:
http://www.analystsreview.com/Jun-12-2014/SPF/report.pdf
Hexcel Corp. Analyst Notes
On June 4, 2014, Hexcel Corp. (Hexcel) announced that the repurchase of an additional $150 million of the Company's common stock has been authorized by its Board of Directors. In addition, Hexcel also announced that it recently completed the $150-million share repurchase program authorized in July 2013. Hexcel stated that under the new program purchases may be made from time to time in the open market or in privately negotiated transactions. The Company informed that the amount and timing of the purchases will be determined by a number of factors such as the price and availability of shares of common stock, trading volume and general market conditions. The full analyst notes on Hexcel are available to download free of charge at:
http://www.analystsreview.com/Jun-12-2014/HXL/report.pdf
NVR Inc. Analyst Notes
On June 9, 2014, NVR Inc. (NVR) announced the grand opening of its new Roxbury townhome model at Hamilton Chase in Hamilton, New Jersey, on June 14 and June 15, 2014. The Company stated that Hamilton Chase is a new community built by NVR's Ryan Homes division that offers well-priced, low-maintenance, and fully ENERGY STAR® Certified townhomes, which include landscaping and snow shoveling services, among many of the community's carefree lifestyle amenities. According to the Company, the Roxbury model features up to 1,780 square feet of open-concept living space, including a vast room at the centre of the main living area, seamless layout, lavish owner bedroom, and an upper-level laundry room. NVR added that Hamilton Chase is located four miles from the New Jersey Transit Hamilton station. The full analyst notes on NVR are available to download free of charge at:
http://www.analystsreview.com/Jun-12-2014/NVR/report.pdf
CLARCOR Inc. Analyst Notes
On June 4, 2014, CLARCOR Inc. (CLARCOR) announced that it will be releasing its Q2 FY 2014 financial results on Wednesday, June 18, 2014 after the market closes on the New York Stock Exchange. The Company informed that it will discuss its operating results and provide a business update via a conference call and audio webcast scheduled on Thursday, June 19, 2014; at 10:00 a.m. CT. CLARCOR stated that the call and replay of the same will be accessible on the Company website. The full analyst notes on CLARCOR are available to download free of charge at:
http://www.analystsreview.com/Jun-12-2014/CLC/report.pdf
Regal Beloit Corporation Analyst Notes
On June 5, 2014, Regal Beloit Corporation (Regal) reported that it has informed its employees at its locations in Mt. Sterling and Winchester, Kentucky that the Company will cease operations at both facilities, affecting approximately 200 employees. The Company informed that both facilities' products and processes will be transferred to other Regal and non-Regal facilities. According to Regal, it believes, consolidating the operations on its multiple manufacturing facilities that create different component parts and motors will enable it to remain globally competitive, reduce variation between its manufacturing facilities, and improve cycle times but not as a reflection of its employees. The Company informed that it will meet with the union to discuss its decision's impact in compliance with the National Labor Relations Act. According to Regal, it intends to provide a comprehensive benefits package for affected eligible employees. The full analyst notes on Regal are available to download free of charge at:
http://www.analystsreview.com/Jun-12-2014/RBC/report.pdf
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