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Berkshire Hathaway Unit Precision's $734M Award Against German Pipemaker Upheld By New York Court
Wednesday, July 15, 2020 - 11:44pm | 376Read More...United States District Court in Manhattan on Wednesday upheld an arbitration panel's decision to award $734 million to Berkshire Hathaway Inc's (NYSE: BRK-A) (NYSE: BRK-B) subsidiary Precision Castparts Corp. against a German pipemaker that purportedly inflated revenue and...
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The 20 Stocks with the Highest Share Price
Wednesday, May 15, 2013 - 12:48pm | 142Read More...It's official. With its shares eclipsing the $900 mark, Google (NASDAQ: GOOG) is trading in the nosebleeds. Out of curiosity, Benzinga decided to look where other publicly traded companies in the S&P 500 (NYSE: SPY) were trading at. This only includes the S&P 500 -- otherwise companies...
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J.P. Morgan Raises PT To $164 On PCP
Friday, May 13, 2011 - 7:39am | 181Read More...J.P. Morgan is raising its price target on Precision Castparts (NYSE: PCP) from $161 to $164 following a Q4 miss. Says J.P. Morgan, of the miss, “Q4 missed our estimate by 4 cents on lower than expected Forged Products margins, our main concern coming into the quarter. This miss did not derail the...
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Morgan Stanley Initiating PCP At Equal-Weight
Friday, March 4, 2011 - 10:48am | 144Read More...Morgan Stanley is initiating coverage of Precision Castparts Corp. (NYSE: PCP) at Equal-weight. “PCP is one of the most levered players to the aerospace upcycle, with double-digit revenue growth FY11-13 atop industry-leading margins driving 14-17% EPS growth over the next couple of years,” Morgan...
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Citi Sees Long-Term Opportunities for Precision Castparts Corp.
Monday, December 13, 2010 - 10:00am | 111Read More...Citi initiates coverage on Precision Castparts Corp. (NYSE: PCP) with a Buy rating and $173 price target. Citi set its price target based on its belief that PCP can sustain long-term growth. In a note to clients, Citi writes, "Emerging market exposure in energy production, particularly in China,...
