NEW YORK, July 9, 2013 /PRNewswire/ --
Today, Wall Street Reports announced new research reports highlighting KB Home (NYSE: KBH), CEMEX, S.A.B. de C.V. (NYSE: CX), Mohawk Industries Inc. (NYSE: MHK), CLARCOR Inc. (NYSE: CLC), and Carpenter Technology Corp. (NYSE: CRS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
KB Home Research Report
On June 27, 2013, KB Home (KB Home) released its Q2 FY 2013 financial results (period ended May 31, 2013). Revenues increased by 73.1% YoY to $524.4 million. The Company reported net loss of $3.0 million, higher as compared to net loss of $24.1 million in Q2 FY 2012. Diluted loss per share went up to $0.04 from $0.31 in Q2 FY 2012. Jeffrey Mezger, President and Chief Executive Office of the Company said, "Our strong second quarter results demonstrate the successful execution of our business strategies and improved operating leverage. Our actions to optimize pricing and margins while maintaining a healthy pace of net orders per community have generated substantial increases in our net order value, average selling price, revenues and operating income, and significantly expanded our housing gross margin." The Full Research Report on KB Home - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/1e86_KBH]
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CEMEX, S.A.B. de C.V. Research Report
On June 26, 2013, CEMEX, S.A.B. de C.V. (CEMEX) announced that in collaboration with BirdLife International, it developed an inspiring new publication that captures the Company's approach to biodiversity conservation. According to the Company, the launch of this publication signals significant progress in the company's ten-year global conservation partnership with Birdlife International, the world's largest civil society partnership for nature. Company's Senior Vice President of Energy and Sustainability, Luis Farias, said, "CEMEX takes its responsibility as a steward for the environment very seriously. This is why the company took this opportunity to capture experiences - from helping conserve important wildlife sites to creating habitat for threatened species - gained from international conservation partnerships from Mexico to Malaysia and share them with the wider BirdLife partnership." The Full Research Report on CEMEX, S.A.B. de C.V. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/1de3_CX]
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Mohawk Industries Inc. Research Report
On June 26, 2013, Mohawk Industries Inc. (Mohawk Industries) released its fourth annual sustainability report. According to the Company, the report puts an emphasis on the Company's commitment to customers, employees, shareholders, communities and the environment, while maintaining excellence in consistency, transparency, and accuracy in reporting. The Company reported that for the second year in a row, the report meets Global Reporting Initiative's (GRI) requirement of a B+ application level, which places the Company among the leaders in transparency of reporting sustainable practices. According to Jeff Loberbaum, Chairman and Chief Executive Officer of the Company, "Our success as a company is defined by the choices we make every day. As our global footprint continues to grow, we'll continue to make responsible choices that bring the most value to our stakeholders, our customers and our people." The Full Research Report on Mohawk Industries Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/c78e_MHK]
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CLARCOR Inc. Research Report
On June 19, 2013, CLARCOR Inc. (CLARCOR) announced that its Q2 FY 2013 diluted earnings per share increased to $0.66, compared to $0.65 in Q2 FY 2012. According to Chris Conway, the Company's Chief Executive Officer, "We are pleased with our second quarter results, particularly in light of the current global macroeconomic environment. Despite continued slow economic expansion in the U.S., uncertainty in China and recessionary conditions in Europe, we were able to grow consolidated net sales 1% from last year's second quarter." In other news date, June 25, 2013, the Company Board of Directors declared a regular quarterly dividend of $0.14 per share of common stock, payable on Friday, July 19, 2013 to shareholders of record on July 8, 2013. The Full Research CLARCOR Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/df96_CLC]
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Carpenter Technology Corp. Research Report
On June 28, 2013, Carpenter Technology Corp. (Carpenter) announced its successful completion of a $500 million syndicated credit facility. Carpenter informed that the new five year revolving credit facility, which replaces the $350 million revolver due to expire in June 2016, comprised of ten lenders, and was substantially oversubscribed prior to allocations. As stated by Tony Thene, Senior Vice President and Chief Financial Officer, "Favorable markets and rates gave us the opportunity to significantly increase our financial flexibility with improved pricing and lower borrowing costs The completion of this $500 million credit facility contributes to having a financial structure in place that supports the Company's overall growth strategy." The Full Research Report on Carpenter Technology Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/0e52_CRS]
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SOURCE Wall Street Reports