Installed Building Products, Inc. (the “Company”) (NYSE:IBP), an
industry-leading installer of insulation and other complementary
building products, announced today it has agreed to repurchase 300,000
shares of its common stock for an aggregate purchase price of $5.3
million from Cetus Capital II, LLC, one of its largest stockholders.
By Sara Sjolin, MarketWatch
LONDON (MarketWatch) -- U.S. stock futures pointed to a red open on Wall Street on Friday, as a further slump in oil prices continued to dampen the investment mood and fanned fears of an imminent stock-market correction.
BRP reports third-quarter results for fiscal year 2015 Canada NewsWire
Highlights: Revenues of $918 million , gross profit margins of 26.1%; Normalized EBITDA  of $134.1 million ; Net income of $37.2 million ; Normalized net income  of $71.9 million , a 22% increase compared to the same period last year, which resulted in a normalized diluted earnings per share  of $0.60 ; Great feedback from dealers and media following the launch of the 2015 cruiser-type Can-Am Spyder F3 and the launch of the Can-Am Maverick X ds model; and Financial guidance revised to account for the significant decline in the value of the Russian ruble versus the euro since the end of the third quarter.
By Tapan Panchal
LONDON--Shares of Hargreaves Services PLC (HSP.LN) plunged by more than 14% in early trade Friday after the energy and commodities company said that it will proceed with the closure of a coke plant in Monckton, England, due to no major improvement in customer demand.
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