Moody's Ratings (Moody's) upgraded its ratings of EnPro Industries, Inc. (EnPro); corporate family rating (CFR) to Ba2 from Ba3, probability of default rating to Ba2-PD from Ba3-PD and senior unsecured rating to Ba3 from B2. The speculative grade liquidity rating has been upgraded to SGL-1 from SGL-...
A director at Enpro Inc sold 1,548 shares at 150.058USD and the significance rating of the trade was 50/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showi...
ear Market Until Proven Otherwise In our Sept. 27 Compass, and with the S&P 500 down 11.5% during the prior two weeks, we discussed our belief that the market indexes could see a bounce or pause in selling. The S&P 500 and Russell 2000 (IWM) have gone virtually nowhere since (i.e., a pause), and we still cannot rule out a bear market rally as long as the 200-week MA (3590-3600) holds on the S&P 500, and as long as $162-163 holds on the Russell 2000 (IWM). To confirm a bear market rally, we need...
Moody's Investors Service ("Moody's") says that EnPro Industries, Inc.'s (EnPro) agreement to sell its GGB business to The Timken Company for $305 million and strategic review of its Garlock Pipeline Technologies, Inc. (GPT) business is credit positive. EnPro's ratings, including its Ba3 Corporate F...
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