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I would think that we should hear very soon on the ST urn since the design for that had been previously approved.
Basser
When is Matthews going to put out the specs on the Vatican casket? I am ready to see what it is going to look like. Also I am looking forward to the Star Trek urn, that should be cool when released?
Very nice accomplishment for the family. It appears that MATW is set to continue the bullish trend it is in now, especially as new products are announced. Bring on that Vatican Line and Star Trek of the new product line.
Nice call...lets see if it gets there...
Thats why I posted the weekly...last cross it gained about $7 before topping out...Thinking $40 if follows pattern, break $40 could head towards $50/sh by mid summer...Hmmmmmm just in time for another stock as well.....
I was looking at the short term chart with a target of around 36.5 - 37.5....
Long term weekly looks good too...
All buys?
Looks like all gifts of 2045 shares through the 1994 director fee plan....
"Explanation of Responses:
1. Award of restricted stock made under the 1994 Director Fee Plan, as amended, subject to the agreement entered into under the Plan. In general, the shares vest on the second anniversary of the award.
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000063296&owner=include&count=40
All buys:
Form 4 Mar 15, 2010 Mar 11, 2010
Form 4 Mar 15, 2010 Mar 11, 2010
Form 4 Mar 15, 2010 Mar 11, 2010
Form 4 Mar 15, 2010 Mar 11, 2010
Form 4 Mar 15, 2010 Mar 11, 2010
Form 4 Mar 15, 2010 Mar 11, 2010
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=matw
have 30M shares outstanding and have authorized a 12.5M repurchase program.??? Approximately 68,000 shares remain to be purchased under this authorization. Upon the repurchase of these remaining shares, the new authorization allows Matthews to purchase up to an additional 2,500,000 shares of the Company's common stock
FISHER, Circuit Judge.
Steven W. Robinson ("Robinson") appeals from an order of the District Court granting a motion for summary judgment in favor of defendant, Matthews International Corporation ("Matthews"), holding that Matthews did not violate Robinson's rights under the Age Discrimination in Employment Act ("ADEA"), 29 U.S.C. § 621, et seq. For the reasons stated herein, we will affirm the judgment of the District Court.
MFI 5 flattening in oversold area...Upticks coming...small consolidation over last week...IMO...
looks like MATW getting a boost this AM...Wonder if its because of the future #1 selling casket in the world????
The more I look at that EI contract the more money Mathews can make. Just displays could give them $10mil...At a 50% profit that gives them $5mil and EI $5mil...without reorder sales...JMO I do not know the actual breakdown...
love the pic...Mathews is a big boy isn't he....
Nothing yet here on Saturday!
From what I gather it will be in about 1-2 months...
I wonder when they will start buying up ETNL shares, or at least post a PR about their new deal together
They just acquired a company that does memorials for $9mil....
MATTHEWS INTERNATIONAL CORPORATION, headquartered in Pittsburgh, Pennsylvania, is a designer, manufacturer and marketer principally of memorialization products and brand solutions. Memorialization products consist primarily of bronze memorials and other memorialization products, caskets and cremation equipment for the cemetery and funeral home industries. Brand Solutions include graphics imaging products and services, marking products and merchandising solutions. The Company’s products and services include cast bronze memorials and other memorialization products; caskets; cast and etched architectural products; cremation equipment and cremation-related products; mausoleums; brand management, printing plates, pre-press services and imaging services for the primary packaging and corrugated industries; marking and coding equipment and consumables, and industrial automation products for identifying, tracking and conveying various consumer and industrial products, components and packaging containers; and merchandising display systems and marketing and design services.
The Bronze segment manufactures and markets products in NorthAmerica, Europe and Australia used in the cemetery, funeral home and architectural industries. The segment’s principal products include cast bronze memorials and other memorialization products used mainly in cemeteries. Memorial products include flush bronze memorials, flower vases, crypt plates and letters, cameo portraits, cremation urns, niche units, cemetery features and statues, community and family mausoleums, and granite monuments and benches. In addition, the segment manufactures and markets cast bronze and aluminum architectural products used to identify or commemorate people, places and events.
The Casket segment is a leading manufacturer of caskets in North America, producing a wide variety of wood and metal caskets. It is also a leader in providing assortment planning and merchandising and display products for funeral service businesses. These products assist funeral service professionals in providing value and satisfaction to their client families.
The Cremation segment is the leading designer and manufacturer of cremation equipment and cremation-related products in North America. Cremation equipment and products are sold primarily to funeral homes, cemeteries, crematories, animal disposers and veterinarians within North America, Asia, Australia and Europe. The segment also manufactures environmentally-friendly caskets, which are manufactured from wood fibers and corrugated materials covered with cloth, or paper veneer, which gives the appearance of wood.
The Graphics Imaging segment provides brand management, pre-press services, printing plates and creative design services to the primary packaging and corrugated industries. The segment’s principal products and services include brand management, pre-press graphics services, printing plates, print process assistance, print production management, digital asset management, content management and package design. These products and services are used by consumer products companies and packaging manufacturers to develop and print packaging graphics that identify and help sell the product in the marketplace.
The Marking Products segment designs, manufactures and distributes a wide range of marking and coding equipment and consumables, and industrial automation products used by customers to identify, track andconvey various consumer and industrial products, components and packaging containers. Marking technologies include contact and ink-jet printing using awide range of specialty inks, as well as indenting and etching processes. Marking solutions can be a stand-alone operation or integrated directly into the manufacturing process at high speeds with extreme accuracy.
The Merchandising Solutions segment is an industry leader in providing value-added comprehensive merchandising solutions to consumer product marketers and retailers in industries such as electronics, technology, entertainment, food and beverage, apparel, footwear, home improvement, petroleum, appliances and flooring. The segment designs, engineers,manufactures and installs merchandising and display systems, and also provides creative merchandising and marketing solutions services.
These guys are tight to...#2 in industry...$33 pps....WOW...
Great to see Matthews teaming up with Eternal Image with their licensing. This announcement today is going to be huge in the funeral industry.
Here is the link:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7079335
Watch out Batesville...
#2 in funeral industry pulls in baby BB!!!
Matthews International Corporation Increases Quarterly Dividend
PITTSBURGH, Oct. 22 /PRNewswire-FirstCall/ -- The Board of Directors of Matthews International Corporation (NASDAQ:MATW) today declared a quarterly dividend of $0.07 per share on the Company's common stock. The quarterly dividend has been increased one-half cent per share from $0.065 to $0.07. The dividend is payable November 16, 2009 to stockholders of record November 2, 2009.
Joseph C. Bartolacci, President and Chief Executive Officer, stated, "Despite the challenges of fiscal 2009, we continue to have confidence in our long-term strategies. Accordingly, Matthews believes a modest increase in our dividend is appropriate." Mr. Bartolacci noted that this was the Corporation's 15th dividend increase since Matthews became a publicly traded stock in July 1994.
Matthews International Corporation, headquartered in Pittsburgh, Pennsylvania, is a designer, manufacturer and marketer principally of memorialization products and brand solutions. Memorialization products consist primarily of bronze memorials and other memorialization products, caskets and cremation equipment for the cemetery and funeral home industries. Brand solutions include graphics imaging products and services, marking products, and merchandising solutions. The Company's products and services include cast bronze memorials and other memorialization products; caskets; cast and etched architectural products; cremation equipment and cremation-related products; mausoleums; brand management; printing plates and cylinders, pre-press services and imaging services for the primary packaging and corrugated industries; marking and coding equipment and consumables, and industrial automation products for identifying, tracking and conveying various consumer and industrial products, components and packaging containers; and merchandising display systems and marketing and design services.
DATASOURCE: Matthews International Corporation
CONTACT: Steven F. Nicola, Chief Financial Officer, Secretary &
Treasurer, +1-412-442-8262
Web Site: http://www.matw.com/
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Matthews International Corporation
2 North Shore Center
Pittsburgh, PA 15212-5851
Phone: 412-442-8200
Fax: 412-442-8290
Web Site: http://www.matw.com
Mr. Joseph C. Bartolacci , 50
Chief Exec. Officer, Pres, Director and Member of Exec. Committee
Mr. Steven F. Nicola , 50
Chief Financial Officer, Sec. and Treasurer
Mr. Franz J. Schwarz , 62
Pres of Graphics Europe
Mr. James P. Doyle , 59
Group Pres of Memorialization
Matthews International Corporation designs, manufactures, and markets memorialization products and brand solutions for the cemetery and funeral home industries in the United States, Mexico, Canada, Europe, Australia, and Asia. It operates in six segments: Bronze, Casket, Cremation, Graphics Imaging, Marking Products, and Merchandising Solutions. The Bronze segment manufactures cast bronze memorials and other memorialization products; and cast and etched architectural products, as well as builds mausoleums. The Casket segment manufactures and distributes wood and metal caskets; and casket components, such as stamped metal parts, metal locking mechanisms for gasketed metal caskets, adjustable beds, interior panels, and plastic ornamental hardware, as well as provides assortment planning and merchandising, and display products to funeral service businesses. The Cremation segment offers various products and services, including cremation equipment; cremation caskets; equipment service and repair; and supplies and urns. The Graphics Imaging segment provides brand management, pre-press services, printing plates, gravure cylinders, steel bases, embossing tools, special purpose machinery, engineering and print process assistance, print production management, digital asset management, content management, and package design services. The Marking Products segment offers a range of marking and coding products and related consumables, and industrial automation products for identifying, tracking, and conveying consumer and industrial products, components, and packaging containers. The Merchandising Solutions segment provides merchandising displays and systems comprising permanent and temporary displays, custom store fixtures, brand concept shops, interactive kiosks, custom packaging, and screen and digitally printed promotional signage, as well as offers design and engineering services. Matthews International was founded in 1850 and is based in Pittsburgh, Pennsylvania.
Investors Overview:
http://www.matw.com/reports/Fact%20Sheet-2010.pdf
52-Week Price Range:
$40.52-$27.11
Fiscal 2009 Earnings Per Share:
$1.90
Annual Dividend Per Share:
$0.28
Shares Outstanding at 12/31/09:
30,382,641
NEWS: http://finance.yahoo.com/q?s=matw
What Investors Think About Matthews International: http://www.fool.com/investing/general/2010/02/24/what-investors-think-about-matthews-international.aspx
Three Dividend Stocks Worth Revisiting:
First on our list is Matthews International (MATW). Matthews International was initially recommended on March 31, 2009 near the lows of the bear market. At the time, according to Dow Theory, we felt that the company had upside targets of $31, $40, and $49. On August 4, 2009, we issued a sell recommendation of MATW when it was trading at $31.95, a gain of 10% in four months. Subsequently, MATW was able to get within $0.50 of the $40 target. After hitting the $39 range, MATW has fallen to the current level of $32.50. MATW has increased the dividend for 14 consecutive years in a row.
According to Value Line, MATW has a book value of $14.32. If we assume the lowest quarterly earnings during the worst of the economic crisis from Q4 2007 to Q1 2009 and project those earnings (the most conservative estimate) into the future, we get a Q1 2011 P/E ratio of 16.92. Value Line also considers MATW at fair valuation around $41.86 or 13 times cash flow per share. Using the most optimistic scenario according to Dow Theory, MATW is considered fairly valued at $35.77.
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