Market Alert: Precision Castparts Corp. (NYSE:PCP), Denbury Resources Inc. (NYSE:DNR), Northrop Grumman Corporation (NYSE:NOC), The Sherwin-Williams Company (NYSE:SHW), Calamos Asset Management (NASDAQ:CLMS)
On Jan. 15, Precision Castparts Corp. (NYSE:PCP) announced that lower demand in oil & gas end markets, further aerospace engine destocking at a single customer, year-end customer inventory management actions, and an extended equipment upgrade negatively impacted the company’s third quarter fiscal year 2015 sales and earnings. The combination of these factors leads the company…
