Thursday, June 13, 2:35 PM
Polypore (PPO -3.8%) slides after Topeka Capital cut the shares to Hold on valuation earlier today. The firm recommends moving to the sidelines, saying that the company has been benefiting from better EDV sales, but its adoption curve slope remains muted. Meanwhile, potentially imminent news regarding Microporous could be a negative catalyst.
Comment![On the Move]
Friday, May 24, 2:01 PM
Polypore International (PPO -2%) slips on a tepid initiation at Ascendiant Capital with a Neutral and a $45.50 price target. The firm says the stock is trading a premium to its peers, and appears fairly valued based on current metrics. Also adding to the weakness in the shares today could be the plunge in Exide (XIDE -43%).
Comment![On the Move]
Friday, May 24, 1:37 PM
Shares of Exide Technologies (XIDE -43%) collapse to a nine year low on a report that it's hired Lazard and Akin Gump Strauss Hauer & Feld to advise on a restructuring, including a possible Chapter 11 filing. The company had initially engaged Deutsche Bank last year to lead a global refinancing, but the effort failed, and management is now pursuing more aggressive restructuring alternatives amid a looming September maturity on its convertible notes.
8 Comments[On the Move]
Wednesday, May 8, 4:26 PMPolypore International (PPO): Q1 EPS of $0.27 misses by $0.13. Revenue of $163.5M misses by $12.4M. Shares -8.8% AH. (PR)
Comment![Earnings, Breaking News, On the Move]
Thursday, April 4, 11:59 AM
Polypore (PPO +0.9%) gets a boost from Topeka Capital Markets which "suddenly sees more reasons to be bullish again." These reasons include "sufficiently low" Q1 expectations and an "imminently forthcoming" demand inflection. The stock is upgraded to Buy from Hold with a $46 price target. FYI: 34% of the company's float is sold short.Comment!
Wednesday, February 20, 4:39 PM
More on Polypore (PPO): Q4 misses across the board. Total sales declined by 7% Y/Y, reflecting weak end-market demand in its Electronics and Electric Drive Vehicles segment. Consumer electronic sales were especially weak. Shares -8.3% AH.
Comment![Earnings, On the Move]
Wednesday, February 20, 4:23 PMPolypore (PPO): Q4 EPS of $0.43 misses by $0.09. Revenue of $180.2M misses by $11.62M. Shares -8.6% AH. (PR)
Comment![Earnings, Breaking News, On the Move]
Tuesday, October 30, 2012, 4:05 PMPolypore International (PPO): Q3 EPS of $0.30 misses by $0.04. Revenue of $177.6M (-6.8% Y/Y) beats by $3M. (PR)
Comment![Earnings]
Monday, October 29, 2012, 4:12 PM
Polypore (PPO) says the company has retained Wells Fargo Securities to assist in evaluating alternatives for its Daramic lead-acid battery separator facilities. PPO says it doesn't have a defined timeline for the formal evaluation of the assets.
Comment![M&A]
Perkins Cove: So, does this mean your post delay is down to under 2 hrs? Still way too long....will keep your case upfront. Cheers.
May 31, 5:32 PM
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1980XLS: Can run from 2 mins to 2 days, or never at all. One never knows 6:19 EDT
Jun 1, 2:22 PM
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Market Maven I see Elon Musk $TSLA buying $PPO in the near future - makes perfect sense from a business point of view. Buy the cow, get the milk for free