con-way inc (CNW) Key Developments
Con-way Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Second Quarter and CapEx Guidance for Full Year of 2015
Apr 29 15
Con-way Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenue of $1,372,431,000 against $1,368,843,000 a year ago. Operating income was $51,927,000 against $33,062,000 a year ago. Income before income tax provision was $36,395,000 against $19,222,000 a year ago. Net income was $21,792,000 or $0.37 per diluted share against $12,893,000 or $0.22 per diluted share a year ago. Net income (Adjusted Non-GAAP) was $22,711,000 against $11,231,000 a year ago. Earnings per diluted common share (Adjusted Non-GAAP) were $0.39 against $0.20 a year ago. Net revenue (Adjusted Non-GAAP) was $190,155,000 against $182,490,000 a year ago. Cash from operations totaled $69 million compared to a negative $5 million in the first quarter of last year. Net capital expenditures were $46 million in the quarter as compared to $67 million in the first quarter of 2014.
For the second quarter of 2015, the company currently expects the operating income to be in a range of $70 million to $75 million.
The company expects full year of net CapEx for 2015 to be around $300 million.
Con-way Inc. Board Declares Quarterly Dividend on Common Stock Payable on June 12, 2015
Apr 23 15
The Board of Directors of Con-way Inc. has declared a cash dividend of 15 cents per share on the company's common stock. The dividend is payable on June 12, 2015 to shareholders of record on May 15, 2015.
Con-way Inc. to Report Q1, 2015 Results on Apr 29, 2015
Apr 7 15
Con-way Inc. announced that they will report Q1, 2015 results at 5:00 PM, Eastern Standard Time on Apr 29, 2015
Con-way Inc., Annual General Meeting, May 12, 2015
Mar 30 15
Con-way Inc., Annual General Meeting, May 12, 2015., at 09:00 US Eastern Standard Time. Location: Westin Hotel - Detroit Metropolitan Airport. Agenda: To elect to the Board of Directors the eleven director nominees who are named in the attached Proxy Statement for a one-year term until the 2016 Annual Meeting; to approve, through a non-binding advisory vote, the compensation of the named executive officers of the company as disclosed in the attached Proxy Statement; to ratify the appointment of KPMG LLP as the company’s independent registered public accounting firm for 2015; and to transact any other business properly brought before the Annual Meeting.
Con-way Inc. Presents at Bank of America Merrill Lynch 2015 Transportation Conference, May-14-2015
Mar 24 15
Con-way Inc. Presents at Bank of America Merrill Lynch 2015 Transportation Conference, May-14-2015 . Venue: The Four Seasons, Boston, Massachusetts, United States. Speakers: Douglas W. Stotlar, Chief Executive Officer, President and Director.