Last $36.30 USD
Change Today +0.57 / 1.60%
Volume 231.8K
LBY On Other Exchanges
As of 8:04 PM 02/26/15 All times are local (Market data is delayed by at least 15 minutes).

libbey inc (LBY) Key Developments

Libbey Initiates Quarterly Dividend, Payable on March 3, 2015

Libbey initiated a quarterly dividend of $0.11 per share. The new quarterly dividend been approved by the board and will be paid on March 3 to shareholders of record as of Feb. 3, 2015.

Libbey Inc. Provides Earnings Guidance for the Fourth Quarter and Full-Year 2014

Libbey Inc. provided earnings guidance for the Fourth quarter fiscal 2014 results are estimated to include nearly $232 million in sales, an approximate 4.9% year-over-year increase; Adjusted EBITDA is expected to range between $29 and $31 million. For the full-year 2014, sales are estimated to be approximately $853.0 million, an increase of over 4% compared to sales of $818.8 million in 2013; Adjusted EBITDA is expected to be between $121.8 and $123.8 million.

Libbey Mulls Acquisitions

Libbey Inc. (AMEX:LBY) is looking for acquisitions. Sherry Buck, Vice President and Chief Financial Officer of Libbey Inc. said, "We will invest in the business through both CapEx and the P&L to support organic growth opportunities, new technologies, prudent acquisitions, and other strategic initiatives that are enablers to delivering our Own the Moment strategy."

Libbey Inc. - Analyst/Investor Day

Libbey Inc. - Analyst/Investor Day

Libbey Inc. Announces Auditor Changes

The Audit Committee of the Board of Directors of Libbey Inc. conducted a comprehensive, competitive process to determine the company's independent registered public accounting firm for the company's fiscal year ended December 31, 2015. On November 17, 2014, the Audit Committee approved the dismissal of Ernst & Young LLP and approved the engagement of Deloitte & Touche LLP (D&T) as the company's independent registered public accounting firm for the Company's fiscal year ended December 31, 2015. The dismissal of EY will become effective upon issuance by EY of its reports on the consolidated financial statements as of and for the year ended December 31, 2014 and the effectiveness of internal control over financial reporting as of December 31, 2014.


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