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Paul Mueller Co. - MUEL STOCK NEWS

Welcome to our dedicated news page for Paul Mueller Co. (Ticker: MUEL), a resource for investors and traders seeking the latest updates and insights on Paul Mueller Co..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Paul Mueller Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Paul Mueller Co.'s position in the market.

Rhea-AI Summary
The Paul Mueller Company (MUEL) announced a Tender Offer to repurchase shares of its common stock at $80 per Share, up to $10,000,000. The Board may increase the purchase amount by an additional $5,000,000. The Offer aims to return excess cash to shareholders and enhance liquidity. Shareholders can participate from March 15 to May 7, 2024, with detailed terms in the Offer to Purchase.
Rhea-AI Impact
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End-of-Day
11.66%
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buyback management
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Rhea-AI Summary
Paul Mueller Company (MUEL) reported its earnings for the quarter ended December 31, 2023, showing a decrease in net sales compared to the previous year. The company experienced a net loss for the quarter and the twelve-month period, with significant impacts from operating expenses and income taxes. Despite challenges, the company made efforts to streamline its pension plans, resulting in a one-time charge affecting net income. The financials also reflect changes in the LIFO reserve and currency exchange rates.
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Rhea-AI Sentiment
End-of-Day
11.66%
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earnings
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Rhea-AI Summary
Paul Mueller Company (MUEL) declares a cash dividend of 15 cents per share on its outstanding common stock, payable on March 29, 2024. The announcement was made at the February 9, 2024, special meeting of the Board of Directors.
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Rhea-AI Summary
Paul Mueller Company (MUEL) completes terminations of retirement plans, resulting in a non-cash reduction in 2023 pretax earnings of approximately $42 million.
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Rhea-AI Summary
Paul Mueller Company (MUEL) announces a $4 million expansion project of its Component Products facilities, marking a strategic growth move during a strong 2023. The expansion includes adding 11,000 square feet of manufacturing space, with Phase II scheduled for completion in late 2024. The expansion aims to meet customers’ diverse needs worldwide, create substantial gains through advanced manufacturing technologies, and support career development opportunities for coworkers.
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0.46%
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Rhea-AI Summary
Paul Mueller Company (OTC: MUEL) Declares 15 Cents Cash Dividend per Share
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Rhea-AI Summary
Paul Mueller Company (OTC: MUEL) announced earnings for the quarter ended September 30, 2023. Net sales increased by 24.8% to $57.1 million compared to the same quarter last year. Gross profit also increased by 65.3% to $18.1 million. Operating income increased to $6.9 million from $1.3 million in the previous year. Net income increased to $5.5 million from $0.98 million. The backlog as of September 30, 2023, is $99.4 million, down from $132.8 million in the previous year. The Company's pension plan termination is progressing well.
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Rhea-AI Summary
Paul Mueller Company (OTC: MUEL) has declared a cash dividend of 15 cents ($0.15) per share on its outstanding common stock. The dividend will be payable on September 29, 2023, to shareholders of record on August 29, 2023.
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Rhea-AI Summary
Paul Mueller Company (OTC: MUEL) announced earnings for the quarter ended June 30, 2023. Net sales for the quarter were $59,931,000, an increase of 30% compared to the same period last year. Gross profit was $18,552,000, a 78% increase. Operating income was $5,838,000, compared to a loss of $38,000 in the previous year. Net income for the quarter was $4,813,000, compared to a loss of $149,000 last year.
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Rhea-AI Summary
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-1.54%
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dividends
Paul Mueller Co.

OTC:MUEL

MUEL Rankings

MUEL Stock Data

85.20M
1.02M
6.44%
Plate Work Manufacturing
Manufacturing
Link
US
Springfield

About MUEL

at paul mueller company, we are united by a belief that the only quality that matters is quality that works for life. with every piece of stainless steel processing equipment we build, our goal is to have lasting impact. this collective vision has led us from a small sheet metal shop to a global supplier of heating, cooling and storage solutions that allow farmers, brewers and engineers to keep their products fresh and their inventory strong. whether our equipment preserves milk in rural areas or helps manufacture medicine with broad health benefits, we are making an impact across the globe.