LAYN News 17.87 Layne Christensen Company (LAYN)

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Layne Christensen Company (LAYN) 17.87 $LAYN

Layne Christensen Company Schedules Release of Fourth Quarter and Fiscal 2014 Financial Results and Conference Call
GlobeNewswire - Thu Apr 17, 12:20PM CDT
Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the "Company" today announced that it will issue its financial results for the fiscal 2014 fourth quarter and year ended January 31, 2014 on Thursday, May 1, 2014 after the close of the stock market. Management will conduct a conference call on Friday, May 2, 2014 at 11:00 am ET / 10:00 am CT to discuss the results.

Layne Christensen Declares New Credit Facility - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 16, 1:00PM CDT
Layne Christensen Company recently announced its agreement for a $135 million senior secured revolving credit facility ??? the ABL Facility.

Layne Christensen Announces New $135 Million Credit Facility
GlobeNewswire - Tue Apr 15, 5:00PM CDT
Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the "Company" announced today that it has signed a new five-year $135 million senior secured asset-backed revolving credit facility (the "ABL Facility" with PNC Bank National Association as Administrative Agent, Co-collateral Agent and Lender; Wells Fargo Bank N.A. as Co-collateral Agent and Lender and Jefferies Finance LLC as Lead Arranger, Book Running Manager, Syndication Agent and Lender. The ABL Facility will bear interest at a rate of LIBOR plus 2.75 - 3.25%, depending on average utilization, as determined quarterly. The ABL Facility has an accordion feature that could increase the borrowing capacity to up to $200 million.

Layne Christensen's Heavy Civil Division Announces $24 Million in New Contracts
GlobeNewswire - Thu Apr 10, 8:15AM CDT
Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the "Company" announced today that its Heavy Civil division has received two separate water infrastructure contracts with an aggregate value of approximately $24 million.

Layne Christensen's Water Resources Division Awarded $6.9 Million Contract
GlobeNewswire - Thu Apr 03, 8:00AM CDT
Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the "Company" announced today that its Water Resources Division received a contract from the Broward County Department of Public Works in Fort Myers, Florida to drill two injection wells and one dual-zone aquifer monitoring well for the North Regional Wastewater Treatment Plant.

Contracts Galore for Layne Christensen - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 26, 9:30AM CDT
Layne Christensen Company recently announced that its Geoconstruction division has been awarded a troika of contracts.

Layne Christensen's Geoconstruction Division Awarded New Contracts Totaling Approximately $50 Million
GlobeNewswire - Tue Mar 25, 3:30PM CDT
Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the "Company" announced today that Bencor Corporation of America, a wholly-owned subsidiary of Layne which operates as part of the Geoconstruction division, has received three separate contracts with an aggregate value of approximately $50 million.

Layne Christensen To Present at Upcoming Investor Conferences
GlobeNewswire - Wed Feb 05, 3:05PM CST
Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the "Company" announced today that Rene Robichaud, President and CEO of Layne, and James R. Easter, Layne's Chief Financial Officer, will be presenting at the following investor conferences during the month of February:

5 Rallying Stocks As Construction Spending Grows
at The Street - Mon Feb 03, 3:34PM CST
James Dennin, Kapitall: Construction spending was released this morning, so we found 5 Rallying stocks in the industry. a���� Construction spending [...]

Gabelli & Company's 24th Annual Industrial Flow & Infrastructure Conference
Business Wire - Thu Jan 23, 7:00AM CST
Gabelli & Company will host its 24th Annual Industrial Flow & Infrastructure Conference on February 26 in New York City. The conference will feature panel discussions and fireside chats between company management and Gabelli analysts. Institutional investors should contact their salesperson for more information or to register for the conference.

Layne Christensen's Geoconstruction Division Awarded $20.7 Million Contract
GlobeNewswire - Tue Jan 14, 7:00AM CST
Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the "Company" announced today that Costa Fortuna S.A., a wholly owned subsidiary of Layne which operates as part of the Geoconstruction division, received a contract to perform specialized foundation construction work, including driving steel pipe for a pier and nautical support (jack-up barge), in connection with the construction of a liquefied natural gas (LNG) terminal in Punto Sayago, Uruguay.

Earnings Releases, Stock Price Movements, Public Offerings, New Townhomes, and New Contracts - Research Report on DR Horton, Layne, NVR, Foster Wheeler, and Meritage Homes
PR Newswire - Tue Jan 14, 7:00AM CST
Editor Note: For more information about this release, please scroll to bottom.

Post Earnings Update: Layne Christensen Has Climbed 3.4% Higher in Past 2 Weeks (LAYN)
Comtex SmarTrend(R) - Mon Dec 23, 7:08AM CST
When Layne Christensen (NASDAQ:LAYN) reported earnings 14 days ago on December 9th, 2013, analysts, on average, expected the company to report a loss of $0.34 on sales of $255.0 million. Layne Christensen actually reported a loss of $0.97 per share on sales of $216.5 million, missing EPS estimates by $0.63 and missing revenue estimates by $38.5 million. Shares of Layne Christensen have climbed from $15.02 to $15.53, representing a gain of 3.4% since the company reported earnings 14 days ago.

20.5% Return Seen to Date on SmarTrend Layne Christensen Call (LAYN)
Comtex SmarTrend(R) - Thu Dec 19, 11:17AM CST
SmarTrend identified a Downtrend for Layne Christensen (NASDAQ:LAYN) on July 29th, 2013 at $19.33. In approximately 5 months, Layne Christensen has returned 20.54% as of today's recent price of $15.36.

Post Earnings Update: Layne Christensen Has Climbed 0.3% Higher in Past Week (LAYN)
Comtex SmarTrend(R) - Mon Dec 16, 7:15AM CST
When Layne Christensen (NASDAQ:LAYN) reported earnings 7 days ago on December 9th, 2013, analysts, on average, expected the company to report a loss of $0.34 on sales of $255.0 million. The company actually reported a loss of $0.97 per share on sales of $216.5 million, missing EPS estimates by $0.63 and missing revenue estimates by $38.5 million. Since the company's report, shares of Layne Christensen have risen from $15.02 to $15.06, representing a gain of 0.3% in the past 7 days.

Downtrend Call Working As Layne Christensen Stock Falls 25.5% (LAYN)
Comtex SmarTrend(R) - Thu Dec 12, 9:55AM CST
SmarTrend identified a Downtrend for Layne Christensen (NASDAQ:LAYN) on July 29th, 2013 at $19.33. In approximately 5 months, Layne Christensen has returned 25.45% as of today's recent price of $14.41.

LAYNE CHRISTENSEN REPORTS THIRD QUARTER FISCAL 2014 FINANCIAL RESULTS
GlobeNewswire - Mon Dec 09, 6:00AM CST
-- Revenues for Q3 FY 2014 declined to $216.5 million from $281.3 million in Q3 FY 2013

Layne Christensen Company Announces Full Exercise of Over-Allotment Option by the Initial Purchaser of its 4.25% Convertible Senior Notes due 2018
GlobeNewswire - Thu Dec 05, 1:15PM CST
Layne Christensen Company (Nasdaq:LAYN) (the "Company" announced today that the initial purchaser of the Company's previously announced private placement of 4.25% Convertible Senior Notes due 2018 (the "notes" has exercised in full the initial purchaser's option to purchase an additional $15.0 million aggregate principal amount of notes to cover over-allotments. The net proceeds to the Company from the exercise of this option, after deducting the initial purchaser's discounts and commissions, will be approximately $14.5 million, including accrued interest. The Company intends to use these proceeds to pay off the amounts outstanding under the Company's revolving credit facility and intends to use the excess for working capital and general corporate purposes. The notes were offered and sold to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, by the initial purchaser of the notes. The closing of the over-allotment option is expected to occur on December 5, 2013, subject to customary closing conditions.

Downtrend Call Working As Layne Christensen Stock Falls 17.4% (LAYN)
Comtex SmarTrend(R) - Thu Dec 05, 9:33AM CST
SmarTrend identified a Downtrend for Layne Christensen (NASDAQ:LAYN) on July 29th, 2013 at $19.33. In approximately 4 months, Layne Christensen has returned 17.38% as of today's recent price of $15.97.

Layne Christensen Company Schedules Release of Fiscal 2014 Third Quarter Financial Results and Conference Call
GlobeNewswire - Mon Dec 02, 12:15PM CST
Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the "Company" today announced that it will issue its financial results for the fiscal 2014 third quarter ended October 31, 2013 on Monday, December 9, 2013 before the stock market opens. Management will conduct a conference call later that day at 11:00 am ET / 10:00 am CT to discuss the results.
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