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P & F Industries, Inc. - PFIN STOCK NEWS

Welcome to our dedicated news page for P & F Industries (Ticker: PFIN), a resource for investors and traders seeking the latest updates and insights on P & F Industries.

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 P & F Industries'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 P & F Industries's position in the market.

Rhea-AI Summary
P&F Industries, Inc. (PFIN) Completes Sale to ShoreView Industries, Ceases Trading on NASDAQ
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.04%
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Rhea-AI Summary
P&F Industries, Inc. (PFIN) shareholders approved a merger agreement with Shoreview Industries, with shareholders set to receive $13.00 per share in cash. The transaction is expected to be completed later this week, subject to customary closing conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.08%
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Rhea-AI Summary
P&F Industries, Inc. (PFIN) declares $0.05 quarterly cash dividend for Class A Common Stock, payable on November 29, 2023, to stockholders of record as of November 21, 2023.
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Rhea-AI Sentiment
End-of-Day
0.23%
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dividends
Rhea-AI Summary
P&F Industries, Inc. (NASDAQ: PFIN) announced a net revenue of $14,404,000 and $46,309,000 for the three and nine-month periods ended September 30, 2023, reporting a net loss before income taxes of $979,000 and $128,000 for the same periods. The company incurred significant professional fees in connection with an agreement and plan of merger announced on October 13, 2023.
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End-of-Day
0.23%
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Rhea-AI Summary
P&F Industries to release Q3 2023 results and cancels earnings call due to acquisition agreement
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Rhea-AI Sentiment
End-of-Day
0.16%
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conferences
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Rhea-AI Summary
P&F Industries to be acquired by ShoreView Industries in all-cash transaction for $13.00 per share.
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Rhea-AI Sentiment
End-of-Day
91.67%
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Rhea-AI Summary
P&F Industries reports net revenue of $16,163,000 and $31,906,000 for the three and six-month periods ended June 30, 2023, compared to $17,810,000 and $31,831,000 for the same periods in 2022. Net income before income taxes for the three-month period ended June 30, 2023, is $356,000, compared to $55,000 in 2022. The Company's basic and diluted earnings per share for the three and six-month periods ended June 30, 2023, were $0.07 and $0.18, respectively, compared to a loss per share in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.85%
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none
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Rhea-AI Summary
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Rhea-AI Sentiment
End-of-Day
-5.87%
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dividends
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End-of-Day
2.17%
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conferences
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.49%
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P & F Industries, Inc.

Nasdaq:PFIN

PFIN Rankings

PFIN Stock Data

41.52M
2.96M
51.05%
11.99%
0.4%
Hardware Manufacturing
Manufacturing
Link
United States
Melville

About PFIN

p&f industries, inc., through its subsidiaries, designs, imports, and sells pneumatic hand tools primarily to the retail, industrial, automotive, and aerospace markets primarily in the united states. the company offers sanders, grinders, drills, saws, and impact wrenches under the florida pneumatic, universal tool, jiffy air tool, aircat, and nitrocat names, as well as under private label trade names through in-house sales personnel and manufacturers' representatives to retailers, distributors, manufacturers, and private label customers. it also designs, manufactures, and distributes heavy-duty pneumatic impact tools, grinders, air motors, hydro-pneumatic riveters, hydrostatic test plugs, impact sockets, custom gears, accessories, and various replacement parts under the atp, numatx, thaxton, and quality gear brands directly to original equipment manufacturers, as well as through a network of specialized industrial distributors serving power generation, petrochemical, aerospace, constru