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2014-07-24 08:25:55

- Second quarter earnings per share of $1.00, excluding unusual items HOUSTON, July 24, 2014 /PRNewswire/ -- Cameron (NYSE: CAM) reported earnings per share for the second quarter of 2014 of $1.00 excluding unusual items. This compares to earnings per share for the second quarter of 2013 of $0.77 excluding unusual items. The unusual items for the second quarter of 2014 were after-tax credits of $0.02 per share and a $0.06 per share gain from discontinued operations. The unusual...

2014-06-17 20:21:14

HOUSTON, June 17, 2014 /PRNewswire/ -- Cameron (NYSE: CAM) has priced a public offering of $250 million aggregate principal amount of 1.40% senior notes due 2017 and $250 million aggregate principal amount of 3.70% senior notes due 2024. The sale of the senior notes is expected to settle on June 20, 2014, subject to customary closing conditions. Cameron intends to use a portion of the net proceeds from the offering to redeem all of its 1.60% senior notes due April 30, 2015 and to...

2014-06-03 08:24:56

HOUSTON, June 3, 2014 /PRNewswire/ -- Cameron (NYSE: CAM) announced that it has completed the previously announced sale of its Reciprocating Compression business to GE (NYSE:GE) for cash consideration of approximately $550 million. Jack Moore, Cameron Chairman, President and Chief Executive Officer stated, "The divestiture of our Reciprocating Compression business is consistent with our strategy to build on strong sales and order momentum in our core markets while selectively...

2014-04-30 16:25:01

HOUSTON, April 30, 2014 /PRNewswire/ -- In conjunction with Cameron's (NYSE: CAM) Second Quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on July 24, 2014 at 9:30 a.m. Eastern. What: Cameron Second Quarter Earnings Release Conference Call When: July 24, 2014 at 9:30 a.m. Eastern Where:...

2014-04-24 08:25:26

- First quarter earnings per share of $0.75, excluding charges and discontinued operations HOUSTON, April 24, 2014 /PRNewswire/ -- Cameron (NYSE: CAM) reported earnings per share for the first quarter of 2014 of $0.75 excluding charges and discontinued operations. This compares to earnings per share for the first quarter of 2013 of $0.69 excluding charges. After-tax charges for the first quarter of 2014 were $0.21 per share primarily related to the write-off of non-tax...

2014-03-27 08:27:52

HOUSTON, March 27, 2014 /PRNewswire/ -- Cameron (NYSE:CAM) announced today that it has received an order from Freeport-McMoRan Oil & Gas to supply a 25,000 psi blowout preventer stack and 25,000 psi manifold. Cameron delivered the industry's first and only 13-5/8" 25,000 psi blowout preventer to Freeport-McMoRan in 2011. After successful and extensive use in the Gulf of Mexico, Freeport-McMoRan has decided to place this second order with Cameron for high pressure activity...

2014-03-21 08:22:02

HOUSTON, March 21, 2014 /PRNewswire/ -- Cameron (NYSE: CAM) today announced that its Board of Directors has approved an increase in the Company's share repurchase authorization by an additional $500 million. In addition, the Company reported it has repurchased 12.8 million shares so far in 2014, at a total cost of $780 million. The Company has also established its first commercial paper program which will be used for general corporate purposes including share repurchases. The...

2014-02-19 12:23:01

HOUSTON, Feb. 19, 2014 /PRNewswire/ -- In conjunction with Cameron's (NYSE: CAM) First Quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on April 24, 2014 at 9:30 a.m. Eastern. What: Cameron First Quarter Earnings Release Conference Call When: April 24, 2014 at 9:30 a.m. Eastern Where:...

2014-01-30 08:23:46

- Reports fourth quarter earnings per share of $1.00, excluding charges HOUSTON, Jan. 30, 2014 /PRNewswire/ -- Cameron (NYSE: CAM) reported earnings per share for the fourth quarter of 2013 of $1.00, excluding charges. This compares to earnings per share for the fourth quarter of 2012 of $0.95, excluding charges. After-tax charges for the fourth quarter of 2013 were $0.05 per share, primarily related to integration and restructuring costs. After-tax charges for the fourth...

2014-01-20 12:20:53

Also Announces Intention to Explore Strategic Alternatives for the Remainder of Compression Systems Business HOUSTON, Jan. 20, 2014 /PRNewswire/ -- Cameron (NYSE: CAM) today announced that it has entered into a definitive agreement under which it will sell its Reciprocating Compression business to GE (NYSE:GE) for cash consideration of approximately $550 million, subject to closing adjustments. Cameron also announced that it intends to explore strategic alternatives for its...


Word of the Day
holluschickie
  • A 'bachelor seal'; a young male seal which is prevented from mating by its herd's older males (mated bulls defending their territory).
This comes from the Russian word for 'bachelors.'
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