Layne Christensen Company

Entity type image
Type: Company
Name: Layne Christensen Company
First reported Jun 18 2013 - Updated Jun 18 2013 - 1 reports

Commissioners OK tax abatement on 8-story building

By Howard Roden Houston Community NewspapersMontgomery County commissioners approved a seven-year tax abatement Monday for a company that will occupy the top two stories of an office building under construction in The Woodlands.Layne Christian, a drilling ... [Published Cleveland Advocate - Jun 18 2013]
First reported Jun 17 2013 - Updated Jun 17 2013 - 1 reports

One Hughes Landing tops out in The Woodlands

THE WOODLANDS - The 197,000-sf, eight-story One Hughes Landing has been topped out. The building is located at Hughes Landing on Lake Woodlands, a 66-acre mixed-use development on the east shore of the 200-acre Lake Woodlands.Occupancy is scheduled for ... [Published Real Estate Center - Jun 17 2013]
First reported Jun 14 2013 - Updated Jun 14 2013 - 1 reports

Real Estate Home sales/BSouth

AVON 33 N Main St. Justin G. Cronin and Terry L. Cronin to Jean M. Brooks, $263,000 91 Robbins St. Robbins Street RT and Maria Monteiro to Adelin Charnel, $160,000 BRIDGEWATER 60 Fireworks Circle Layne Christensen Co to Fireworks 60 RT and Matthew J. ... [Published HighBeam Research - Jun 14 2013]
First reported Jun 10 2013 - Updated Jun 10 2013 - 2 reports

Innovative Collaborations, Long-term Investments and Financial Results - Research Report on Waste Management, Darling, Layne Christensen, Clean Harbors, and Covanta

SOURCE Wall Street ReportsNEW YORKEditor Note: For more information about this release, please scroll to bottom.Today, Wall Street Reports announced new research reports highlighting Waste Management, Inc. (NYSE: WM), Darling International Inc. (NYSE: ... [Published WAFF - Jun 10 2013]
First reported Jun 05 2013 - Updated Jun 05 2013 - 2 reports

Xerox, Dollar General, Audience are big movers

Xerox Corp., down 24 cents at $8.75The business services provider and copier company said that it is buying online educational services provider LearnSomething.Dollar General Corp., up $1.55 at $50.19Shares of the discounter retailer rebounded a day after ... [Published News Talk 990 AM WNTP - Jun 05 2013]
First reported Jun 05 2013 - Updated Jun 05 2013 - 1 reports

Form 8-K LAYNE CHRISTENSEN CO For: Jun 05

StreetInsider.com - Form 8-K LAYNE CHRISTENSEN CO For: Jun ... [Published Street Insider - Jun 05 2013]
First reported Jun 05 2013 - Updated Jun 05 2013 - 4 reports

Layne Christensen Management Discusses Q1 2014 Results - Earnings Call Transcript

11:00 AM ETOperatorGood day, ladies and gentlemen, and welcome to the Layne Christensen Company Reports Fiscal Year 2014 First Quarter Financial Results. [Operator Instructions] As a reminder, this conference may be recorded. I would now like to introduce ... [Published Seeking Alpha - Jun 05 2013]
First reported Jun 05 2013 - Updated Jun 05 2013 - 1 reports

Layne Christensen posts $23.8M loss for 1Q

MISSON WOODS, Kan. --Drilling and construction services provider Layne Christensen posted a loss of $23.8 million for its fiscal first quarter, hurt by hefty losses at a key business and higher corporate expenses.The results missed Wall Street estimates ... [Published South Carolina Enquirer-Herald - Jun 05 2013]
First reported Jun 05 2013 - Updated Jun 05 2013 - 1 reports

UPDATE: Layne Christensen Posts Q1 Loss

Layne Christensen Co (NASDAQ: LAYN) posted a loss in the fiscal first quarter.Layne posted a quarterly loss of $23.8 million, or $1.22 per share, versus a year-ago profit of $3.75 million, or $0.19 per share.Its revenue fell 17% to $226.4 million. However, ... [Published Benzinga.com - Jun 05 2013]
First reported Jun 05 2013 - Updated Jun 05 2013 - 1 reports

Layne Christensen Slips To Q1 Loss - Quick Facts

Layne Christensen Co. (LAYN: Quote) reported first-quarter net loss attributable to the company of $23.78 million, or $1.22 a share, compared with a profit of $3.75 million, or $0.19 a share last year. On average, 2 analysts polled by Thomson Reuters ... [Published RTTNews.com - Jun 05 2013]
First reported May 30 2013 - Updated May 31 2013 - 2 reports

Garmin, Waddell & Reed, H&R Block, YRC take market hits

Among the biggest percentage losers were YRC, down 2.3 percent; Garmin, off 1.9 percent; Waddell & Reed, off 1.9 percent, and Kansas City Southern, off 1.2 percent.Sprint Nextel, the region’s largest public company, lost .6 percent.Overall, stocks dropped ... [Published KansasCity.com - May 31 2013]
First reported May 29 2013 - Updated May 29 2013 - 2 reports

Layne Christensen Company Schedules Release of First Quarter..

Layne Christensen Company Schedules Release of First Quarter Fiscal 2014 Financial Results and Conference CallLayne Christensen Company (MM) (NASDAQ:LAYN)Intraday Stock ChartToday : Thursday 30 May 2013Layne Christensen Company (Nasdaq:LAYN) ("Layne" ... [Published ADVFN Australia - May 29 2013]

Quotes

...Our client, a large independent E&P company, said that we were "the most professional team that they had ever seen in water transfer." Ironically, we know we can do better than what they saw. Our water transfer system is designed to be safe, fast and sustainable, meaning, leakproof
"Our year-over-year comparisons were down, impacted by losses at Geoconstruction, higher corporate expenses, including costs related to our headquarters consolidation to The Woodlands, TX, and reduced profits at Mineral Exploration. However, we are pleased with our sequential quarterly progress as we operate in an environment that is distinctly different from last year. When compared to Q4 FY 2013, profits in Q1 FY 2014 improved at Water Resources, Inliner, Heavy Civil and Mineral Exploration. We expect that our performance will improve as the year progresses. The headwinds at Geoconstruction are abating, and we are beginning to book new projects at this division; we expect our efforts in this regard will begin to manifest in Q3 FY 2014. We are very pleased with the significant improvement at Heavy Civil, where revenues rose and our segment losses narrowed substantially. We continue to expect that Heavy Civil will return to profitability by mid-calendar 2013. Inliner continued to produce good results and we expect this business will demonstrate further growth in FY 2014. Mineral Exploration operated profitably despite a sluggish global commodities market. Although we believe that this market will be soft for most of FY 2014, we are taking the necessary steps to maintain profitability at this business until the industry recovers. The growth of our Energy Services Division continues, as evidenced by higher quarter-over-quarter revenues and the launch of our Water Transfer business in Q1 FY 2014. We expect to introduce additional solutions under our Energy Services banner later this year. We remain committed to the One Layne philosophy of collaboration across divisions; as a result of its adoption, we have won several important projects and we are currently pursuing $1.1 billion of potential projects that leverage and combine the unique skill sets of our division professionals."
"Our performance in Q4 FY2013 was slightly better than the forecast we issued in March 2013. With the exception of Inliner, each of our divisions reported quarterly losses and we incurred non-cash charges and non-recurring expenses associated with various aspects of our growth and operating evolution. We expect Layne's overall profitability will be impacted in FY2014 by temporary weakness at Geoconstruction, continuing investments in our Energy Services Division and higher corporate overhead costs due to our strategic move to The Woodlands, Texas. We expect Heavy Civil to return to profitability by mid-calendar 2013, driven by our progress in working through older projects that do not meet our profitability expectations, securing new projects with higher associated margins and cost savings associated with headcount reductions and other measures at this division. The vast majority of Heavy Civil's current backlog, which is higher than a year ago, reflects projects we expect to complete at improved margins during FY2014 and beyond. Mineral Exploration should return to profitability in Q1 FY2014, albeit at a lower level than last year. For the year, we believe that exploration programs will continue, but at a slower pace due to the global mining expenditure slowdown and, in some cases, as mining companies work through the integration of large acquisitions. We now believe that this market may be soft for most of FY2014, but could begin to improve in the latter half of this fiscal year as long as gold and copper prices remain stable. Our Energy Services Division remains a key part of our strategy and we expect to announce new contracts and business initiatives in the coming months. We remain focused on new business development across our divisions and are confident in our ability to successfully execute our strategies and perform to our expectations."
...Rene Robichaud, Chief Executive Officer of Layne, stated, "This transaction reflects our strategy to transform Layne into a leading sustainable solutions provider to the world of essential natural resources ? water, mineral, and energy. Although we are exiting the energy production business, we do intend, as previously communicated, to be in the oil and gas services business for the foreseeable future. We see a significant opportunity to build a total water managementmanagement solutions business under the Layne Energy Services banner that sustainably addresses the critical water issues challenging the E&P industry. We plan to develop this business into a $200 million revenue enterprise over the next 3-5 years." As reflected in the consolidated financial statements of the second quarter ended July 31, 2012, Layne reclassified its Energy Division as a discontinued...

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All (76) | News (57) | Reports (2) | Blogs (5) | Audio/Video (1) | Fact Sheets (0) | Press Releases (11)
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Commissioners OK tax abatement on 8-story building [Published Cleveland Advocate - Jun 18 2013]
Water-source test drilling on horizon [Published Woonsocket Call - Jun 18 2013]
Garmin climbs 3.6 percent; Sprint falls [Published KansasCity.com - Jun 17 2013]
One Hughes Landing tops out in The Woodlands [Published Real Estate Center - Jun 17 2013]
Real Estate Home sales/BSouth [Published HighBeam Research - Jun 14 2013]
June 2013 [Published Engineering And Mining Journal - Jun 14 2013]
Do Hedge Funds and Insiders Love Orion Marine G... [Published InsiderMonkey.com - Jun 13 2013]
Sprint closes unchanged; H&R Block falls 2 percent [Published KansasCity.com - Jun 12 2013]
Here is What Hedge Funds Think About Matrix Ser... [Published InsiderMonkey.com - Jun 12 2013]
This Metric Says You Are Smart to Sell Aegion C... [Published InsiderMonkey.com - Jun 12 2013]
Spring gains more than 2 percent, YRC up 5 percent [Published KansasCity.com - Jun 11 2013]
Horizontal Collector Wells Provide Additional W... [Published Water & Wastes Digest - Jun 11 2013]
UMB, Commerce on the upside; Sprint dips [Published KansasCity.com - Jun 10 2013]
Form 8-K LAYNE CHRISTENSEN CO For: Jun 06 [Published Street Insider - Jun 10 2013]
Innovative Collaborations, Long-term Investment... [Published WAFF - Jun 10 2013]
Innovative Collaborations, Long-term Investment... [Published Stockwatch - Jun 10 2013]
Innovative Collaborations, Long-term Investment... [Published Financial Services - Jun 10 2013]
Here is What Hedge Funds Think About Dycom Indu... [Published InsiderMonkey.com - Jun 08 2013]
Sprint shares fall on speculation of SoftBank's... [Published KansasCity.com - Jun 07 2013]
Membrane Bioreactor Systems Market - by Types, ... [Published TickerTech.com - Jun 07 2013]
Company News for June 6, 2013 Zacks [Published Yahoo! Finance - Jun 06 2013]
Layne Christensen Co. (LAYN) Fell To A 1-Month ... [Published RTTNews.com - Jun 06 2013]
Xerox, Dollar General, Audience are big movers [Published News Talk 990 AM WNTP - Jun 05 2013]
Xerox, Dollar General, Audience are big movers [Published Minneapolis Star Tribune - Jun 05 2013]
Form 8-K LAYNE CHRISTENSEN CO For: Jun 05 [Published Street Insider - Jun 05 2013]
Layne Christensen Management Discusses Q1 2014 ... [Published Seeking Alpha - Jun 05 2013]
Stock Upgrades: Oil's Well With ConocoPhillips [Published Minyanville - Jun 05 2013]
Layne Christensen Co. (LAYN) Is Losing Ground A... [Published RTTNews.com - Jun 05 2013]
Layne Christensen posts $23.8M loss for 1Q [Published South Carolina Enquirer-Herald - Jun 05 2013]
New Stock Coverage: Jump Into Jive Software [Published Nasdaq - Jun 05 2013]
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Layne Christensen Earnings: Everything You Must... [Published Wall St. Cheat Sheet - Jun 05 2013]
Layne Christensen Co. ( NASDAQ:LAYN ) had a loss and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.Markets are at 5-year ...
Layne Christensen Earnings: Everything You Must... [Published Wall St. Cheat Sheet - Jun 05 2013]
Layne Christensen Co. ( NASDAQ:LAYN ) had a loss and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Markets are at ...
Barron’s Bounce: Layne Christensen, Sebesp & Apple [Published BARRONS.com Stocks To Watch Today - Apr 29 2013]
In this week’s issue of Barron’s, we make a bullish call on Layne Christensen (LAYN) reiterating a position taken in October; warn investors about heavy government involvement in Brazilian water utility Sabesp‘s (SBS) business; and point out why the Apple ...
These 5 Stocks Saw Trading Price Swings This Pa... [Published Wall St. Cheat Sheet - Apr 20 2013]
Layne Christensen Co. ( NASDAQ:LAYN ) had a loss and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share increased to $-0.91 in the quarter versus EPS of $-4.55 in the year-earlier quarter. ...
Layne Christensen Co. Earnings: Here’s Why Inve... [Published Wall St. Cheat Sheet - Apr 15 2013]
Layne Christensen Co. ( NASDAQ:LAYN ) had a loss and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are down ...
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Audio/Video

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Barron's Bounce: Turnaround at Layne Christensen [Published WSJ.com Video - Business - Apr 29 2013]
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Press Releases

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Innovative Collaborations, Long-term Investment... [Published Financial Services - Jun 10 2013]
Layne Christensen Reports First Quarter Fiscal ... [Published GlobeNewswire: Acquisitions News - Jun 05 2013]
Layne Christensen Company Schedules Release of ... [Published GlobeNewswire: Acquisitions News - May 29 2013]
SADIF Analytics releases new rating update repo... [Published PR inside - May 21 2013]
Layne Christensen Launches Water Transfer Busin... [Published GlobeNewswire: Acquisitions News - May 08 2013]
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