Griffon Corp
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Industrials : Building Products | Small Cap Blend
Company profile

Griffon Corp is a diversified management and holding company that conducts business through its wholly-owned subsidiaries. The Company operates through three reportable segments: Consumer and Professional Products (CPP), Home and Building Products (HBP) and Defense Electronics. CPP segment consists of AMES Companies, Inc. (AMES), which is a manufacturer of branded consumer and professional tools and products for home storage and organization, landscaping, and enhancing outdoor lifestyles. HBP segment consists of Clopay Corporation (Clopay), which is a manufacturer and marketer of residential and commercial sectional garage doors and rolling steel doors in North America. Defense Electronics consists of Telephonics Corporation (Telephonics), which is a provider of surveillance and communications solutions for defense, aerospace and commercial customers.

Closing Price
$21.44
Day's Change
-0.45 (-2.06%)
Bid
--
Ask
--
B/A Size
--
Day's High
22.09
Day's Low
21.21
Volume
(Below Average)
Volume:
221,643

10-day average volume:
254,513
221,643

T-Mobile shares rally after claim of No. 2 phone spot over AT&T

4:31 pm ET August 6, 2020 (MarketWatch)
Print

T-Mobile US Inc. (TMUS) shares surged in the extended session Thursday after the wireless provider said it surpassed AT&T Inc. (T) in number of customers, making it the second-largest largest U.S. provider behind Verizon Communications Inc. (VZ), following its merger with Sprint. T-Mobile shares rallied 6% after hours, following a 0.2% rise in the regular session to close at $108.10. T-Mobile said it added 1.2 million net new customers for a total of 98.3 million. The company reported second-quarter net income of $110 million, or 9 cents a share, compared with $939 million, or $1.09 a share, in the year-ago period. Revenue rose to $17.67 billion from $10.98 billion in the year-ago quarter. Analysts surveyed by FactSet had forecast earnings of 12 cents a share on revenue of $17.64 billion. T-Mobile closed its acquisition of Sprint back in April (http://www.marketwatch.com/articles/t-mobile-us-finally-completes-its-sprint-acquisition-it-wasnt-easy-51585752809). AT&T reported its earnings back in July (http://www.marketwatch.com/story/att-stock-gains-after-earnings-beat-but-company-predicts-covid-19-will-accelerate-cord-cutting-2020-07-23).

-Wallace Witkowski; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

August 06, 2020 16:31 ET (20:31 GMT)

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