masco corp (MAS) Key Developments
Masco Corporation Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013
Oct 28 13
Masco Corporation announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company's net sales were $215.0 million against $191.3 million a year ago. Operating profit was $212 million against $108 million a year ago. Income from continuing operations before income taxes was $154 million against $51 million a year ago. Income from continuing operations was $116 million against $35 million a year ago. Net income attributable to the company was $103 million or $0.29 per diluted share against $15 million or $0.07 per diluted share a year ago.
For the nine months, the company's net sales were $617.5 million against $566.4 million a year ago. Operating profit was $532 million against $271 million a year ago. Income from continuing operations before income taxes was $364 million against $99 million a year ago. Income from continuing operations was $273 million against $45 million a year ago. Net income attributable to the company was $227 million or $0.67 per diluted share against net loss attributable to the company of $27 million or $0.04 per diluted share a year ago. Net cash from operating activities was $350 million against $90 million a year ago. Capital expenditures were $88 million against $80 million a year ago.
Masco Corporation to Report Q3, 2013 Results on Oct 28, 2013
Oct 9 13
Masco Corporation announced that they will report Q3, 2013 results After-Market on Oct 28, 2013
Masco Corporation Presents at Baird 43rd Annual Industrial Conference, Nov-05-2013 07:30 AM
Sep 25 13
Masco Corporation Presents at Baird 43rd Annual Industrial Conference, Nov-05-2013 07:30 AM. Venue: Four Seasons Hotel Chicago, 120 East Delaware Place, Chicago, Illinois, United States. Speakers: Jerry Volas, Group President, John G. Sznewajs, Chief Financial Officer, Vice President and Treasurer, Maria Duey, Vice President - Investor Relations, Timothy Wadhams, Chief Executive Officer, President and Director.
Masco Corporation Declares Quarterly Dividend Payable on November 4, 2013
Sep 13 13
Masco Corporation announced that its Board of Directors declared a quarterly dividend of $0.075 per common share, payable on November 4, 2013, to shareholders of record on October 11, 2013.
Masco Mulls Acquisitions
Sep 10 13
Masco Corporation (NYSE:MAS) is seeking acquisitions. John Sznewajs, Treasurer, Vice President and Chief Financial Officer of Masco Corporation , said, "The other thing we look at would be small acquisitions, so we've done a number of very small acquisitions on behalf of some of our larger businesses over the course of the last couple years. All of those have been extremely successful. We'd like to continue to invest in our businesses as well. Innovation is hugely important for all of our businesses, so we'd like to continue to invest in our legacy of innovation that we've had over the years and then look at also some shareholder-friendly things at the right time."