PFIN P & F Industries, Inc. featured news, full reports, and detailed charts
P & F Industries, Inc. (PFIN) Wrap Up:
P&F Industries, Inc. ("P&F") is a Delaware corporation incorporated on April 19, 1963. P&F and each of its subsidiaries are herein referred to collectively as the "Company." In addition, the words "we", "our" and "us" refer to the Company. The Company operates in two primary lines of business, or segments: (i) tools and other products ("Tools") and (ii) hardware and accessories ("Hardware"). Tools We conduct our Tools business through a wholly owned subsidiary, Continental Tool Group, Inc. ("Continental"), which in turn currently operates through its wholly owned subsidiaries, Florida Pneumatic Manufacturing Corporation ("Florida Pneumatic") and Hy-Tech Machine, Inc. ("Hy-Tech"). Florida Pneumatic Florida Pneumatic imports, manufactures and sells pneumatic hand tools, primarily for the industrial, retail and automotive markets, and imports and sells compressor air filters. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f31%2f0001047469-08-003855.html#FIS_BUSINESS"www.pfina.com
214 Employees
Founded in 1959
P&F Industries Inc. (PFIN:NASDAQ)
LAST $2.94 USD
CHANGE TODAY -0.01 -0.34%
VOLUME 240.0
As of 1:37 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).
Snapshot of P&F Industries Inc. (PFIN)
|
OPEN
$2.93
|
PREVIOUS CLOSE
$2.95
|
|
|
DAY HIGH
$2.94
|
DAY LOW
$2.93
|
|
|
52 WEEK HIGH
10/16/09 - $3.23
|
52 WEEK LOW
03/24/09 - $0.71
|
|
|
MARKET CAP
10.6M
|
AVERAGE VOLUME 3 mo
384.0
|
|
|
DILUTED EPS TTM
$-2.04
|
SHARES OUTSTANDING
3.6M
|
|
|
PFIN Does Not Pay Dividends
|
P/E TTM
NM
|
|
| K = Thousands M = Millions B = Billions | ||
PFIN Top Compensated Officers
Mr. Richard A. Horowitz
Founder, Chairman, Chief Executive Officer, P...
Age: 59
Total Annual Compensation: $975.0K
Mr. Joseph A. Molino Jr.
Chief Operating Officer, Chief Financial Offi...
Age: 45
Total Annual Compensation: $350.0K
Executives, Board Directors
Compensation as of Fiscal Year 2008.
Key developments for P&F Industries Inc. (PFIN)
P&F Industries Inc. Reports Consolidated Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2009
11/12/2009
P&F Industries Inc. reported consolidated unaudited earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported operating loss of $421,000, loss before income taxes $1,107,000, loss of $776,000 or $0.21 diluted per share on net revenue of $20,470,000 as compared to operating income of $796,000, income before income taxes $389,000, earnings of $274,000 or $0.07 diluted per share on net revenue of $22,104,000 for the same period last year. For the nine months, the company reported operating loss of $1,421,000, loss before income taxes $2,779,000, loss of $1,947,000 or $0.54 diluted per share on net revenue of $54,560,000 as compared to operating income of $3,332,000, income before income taxes $1,916,000, earnings of $1,131,000 or $0.30 diluted per share on net revenue of $71,983,000 for the same period last year.
P&F Industries Inc., Q3 2009 Earnings Call, Nov-12-2009
11/2/2009
P&F Industries Inc., Q3 2009 Earnings Call, Nov 12 2009
P&F Industries Regains Compliance
10/27/2009
P&F Industries Inc. announced on October 27, 2009 that the Company received a letter from The NASDAQ Stock Market on October 22, 2009 advising the Company that it had regained compliance with NASDAQ's Marketplace Rule 5450(b) (1) (C) (previously known as Market Place Rule 4450(a) (2) which requires companies listed on The NASDAQ Global Market to maintain a minimum market value of publicly held shares (MVPHS) of $5 million. Previously, on October 21, 2008, NASDAQ notified the Company that it was not in compliance with the Rule over the previous 30 consecutive trading days. The October 21, 2008 deficiency letter also stated that the enforcement of the Rule was temporarily suspended through January 16, 2009 due to the economic environment, and that following the reinstatement of the Rule, NASDAQ would provide the Company 90 calendar days to regain compliance by achieving a MVPHS of at least $5 million for at least 10 consecutive trading days. Enforcement of the Rule had been further suspended by NASDAQ, so that the Company had until November 2, 2009 to regain compliance. In its October 22, 2009 letter, NASDAQ confirmed to the Company that the matter is now closed.
PFIN Competitors
| Company | Last | Change |
| Cohesant Inc | $0.45 USD | 0.00 |
| Graco Inc | $28.93 USD | -0.37 |
| Starrett L S Co | $10.04 USD | +0.29 |
| Nordson Corp | $54.84 USD | -1.07 |
| Thermadyne Holdings Corp | $6.49 USD | -0.11 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | PFIN | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.1x |
|
| Price/Book | 0.3x |
|
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
|
PFIN |
||
|
PFIN transactions
| Type Date |
Target | |
| No transactions in the last 6 months. | ||
More Recent News About P & F Industries, Inc.
More news for PFIN
P&F INDUSTRIES INC Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Other Events,
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On and effective October 8, 2009, the Board of Directors (the "Board") of P&F Industries, Inc. (the "Company") amended the By-laws of the Company (the "By-laws"). The following summary of the By-law amendments is qualified in its entirety by reference to the amended By-laws filed as Exhibit 3.1 attached hereto and incorporated herein by reference. Among the changes to the By-laws, the Board: † Amended Article II, Section 2 to clarify that the only business that may be conducted at a special meeting of the Company stockholders is the business specified in the notice of such meeting provided by the person or persons calling the meeting as authorized by Article II, Section 2. † Amended Article II, Section 3 to set forth procedures for giving stockholders notice of a meeting in the event that (1) the Board sets one record date for determining stockholders entitled to notice and to vote at a stockholder meeting, or (2) the Board sets two record dates for a stockholder meeting, one for determining stockholders entitled to notice, and a second for determining stockholders entitled to vote at the meeting. † Amended Article II, Section 3 to clarify that, without limiting the manner by which notice of stockholder meetings may otherwise be given, such notice may be given by electronic transmission. † Amended Article II, Section 3 to set forth notice procedures in the event that a stockholder meeting is adjourned. † Amended Article II, Section 3 and other sections of the By-laws by making "DGCL" a defined term for the Delaware General Corporation Law, and using such term in this and other sections of the By-laws. † Amended Article II, Section 4 to remove language relating to notice of adjournment because notice of adjournment is now addressed in Article II, Se...Click here to read the whole Article (external link)
P&F INDUSTRIES INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
Show all filings for P&F INDUSTRIES INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for P&F INDUSTRIES INC 15-Sep-2009Other Events, Financial Statements and Exhibits Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational pur...Click here to read the whole Article (external link)
P&F Industries to Report Results for the Three and Nine-Month Periods Ended September 30, 2009
P&F Industries to Report Results for the Three and Nine-Month Periods Ended September 30, 2009 - Yahoo! Finance.gnwlistitemmarginbottom {margin-bottom: 10.0px} .gnwtablebottommargin {margin-bottom: 10.0px} .gnwcellpaddingleft0 {padding-left: 0.0px} .gnwverticalaligntop {vertical-align: top} .gnwtextaligncenter {text-align: center} .gnwcellparagraphmargin {margin-bottom: 0px; margin-top: 0px} .gnwverticalalignbottom {vertical-align: bottom} .gnwwhitespacenowrap {white-space: nowrap} .gnwtextalignright {text-align: right} .gnwcellpaddingright0 {padding-right: 0.0px} .gnwunderlinestyle {text-decoration: underline} .gnwtextalignleft {text-align: left} .gnw_heading {font: 16px Arial; text-align: center} .gnw_subhead {font: 12px Arial; text-align: center} .gnw_colhead {font: 12px Arial; text-align: center} .gnw_colhead_uline {font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;} .gnw_colhead_dline {font: 12px Arial; text-align: center; border-bottom: double black 2.5pt;} .gnw_label {font: 12px Arial; vertical-align: bottom; text-align: left } .gnw_label_uline {font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;} .gnw_label_uline_i10 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i15 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i20 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i25 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i30 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_dline {font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: double black 2.5pt;} .gnw_label_i10 {font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;} .gnw_label_i15 {font: 12px Arial; vertical-align: ...Click here to read the whole Article (external link)
P&F INDUSTRIES INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
Show all filings for P&F INDUSTRIES INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for P&F INDUSTRIES INC 30-Oct-2009Other Events, Financial Statements and Exhibits Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational pur...Click here to read the whole Article (external link)
P&F Industries Regains Compliance With NASDAQ Marketplace Rule
MELVILLE, N.Y., Oct. 27, 2009 (GLOBE NEWSWIRE) -- P&F Industries, Inc. (Nasdaq:PFIN - News) announced today that the Company received a letter from The NASDAQ Stock Market on October 22, 2009 advising the Company that it had regained compliance with NASDAQ's Marketplace Rule 5450(b)(1)(C) (previously known as Market Place Rule 4450(a)(2)) (the "Rule") which requires companies listed on The Nasdaq Global Market to maintain a minimum market value of publicly held shares ("MVPHS") of $5 million. Previously, on October 21, 2008, NASDAQ notified the Company that it was not in compliance with the Rule over the previous 30 consecutive trading days. The October 21, 2008 deficiency letter also stated that the enforcement of the Rule was temporarily suspended through January 16, 2009 due to the economic environment, and that following the reinstatement of the Rule, NASDAQ would provide the Company 90 calendar days to regain compliance by achieving a MVPHS of at least $5 million for at least 10 consecutive trading days. Enforcement of the Rule had been further suspended by NASDAQ, so that the Company had until November 2, 2009 to regain compliance. In its October 22, 2009 letter, NASDAQ confirmed to the Company that the matter is now closed. Other Information P&F Industries, Inc., through its two wholly owned operating subsidiaries, Continental Tool Group, Inc. and Countrywide Hardware, Inc., manufactures and/or imports air-powered tools sold principally to the industrial, retail and automotive mar...Click here to read the whole Article (external link)
Q3 2009 P&F Industries Earnings Release - Before Market Open
Earnings Announcements for Thursday, November 12CompanySymbolTimeConferenceCall3i Group plcIII.LBefore Market Open3SBIO INCSSRXAfter Market CloseListenA.D.A.M., Inc.ADAMTime Not SuppliedListenA2A SpAA2A.MITime Not SuppliedAcciona, S.A.ACXIF.PKBefore Market OpenACSM S P AACS.MITime Not SuppliedADDUS HOMECARE CORPADUSBefore Market OpenListenAdvanSource Biomaterials CorporationASBTime Not SuppliedADVANTAGE OIL & GAS LTDAAVAfter Market CloseAECOMACMBefore Market OpenListenAEFFE SPAAEF.MITime Not SuppliedAEGON N.V.AEGOF.PK01:30 am ETAFC Enterprises, Inc.AFCEAfter Market CloseListenAG GROWTH INTL INCAFN.TOBefore Market OpenAir Transport Services Group, Inc.ATSGTime Not SuppliedListenAldila, Inc.ALDAAfter Market CloseALEO SOLAR AG...Click here to read the whole Article (external link)
P&F INDUSTRIES INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Triggering Events That Accelerate
Item 1.01. Entry into a Material Definitive Agreement. On November 3, 2009, P & F Industries, Inc. (the "Registrant"), and its subsidiaries, Florida Pneumatic Manufacturing Corporation ("Florida Pneumatic"), Embassy Industries, Inc. ("Embassy"), Green Manufacturing, Inc. ("Green"), Countrywide Hardware, Inc. ("Countrywide"), Nationwide Industries, Inc. ("Nationwide"), Woodmark International, L.P. ("Woodmark"), Pacific Stair Products, Inc. ("Pacific"), WILP Holdings, Inc. ("WILP"), Continental Tool Group, Inc. ("Continental") and Hy-Tech Machine, Inc. ("Hy-Tech", and collectively with the Registrant, Florida Pneumatic, Embassy, Green, Countrywide, Nationwide, Woodmark, Pacific, WILP and Continental, the "Co-Borrowers"), Citibank, N.A. and HSBC Bank USA, National Association (collectively, the "Lenders") and Citibank, N.A., as Administrative Agent for the Lenders, executed and delivered a letter agreement dated November 2, 2009 (the "Agreement") relating to the secured Credit Agreement, dated as of June 30, 2004, by and among the Co-Borrowers, the Lenders and the Administrative Agent, as previously amended (the "Credit Agreement"). The Agreement reduces the amount of revolving credit loans available under the Credit Agreement from $19.4 million to $17.5 million. Additionally, the Co-Borrowers agreed to release the Lenders and the Administrative Agent from all claims they may have relating to the Credit Agreement against such parties and certain related persons as of the date of the Agreement. The Agreement also confirms that the Co-Borrowers are not in compliance with certain financial covenants contained in the Credit Agreement, and such non-compliance has not been waived by the Lenders or the Administrative Agent. In the Agreement, the Lenders and Administrative Agent reserved all of their respective rights and remedies from any De...Click here to read the whole Article (external link)
P&F INDUSTRIES INC Files SEC form 10-Q, Quarterly Report
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations General The Private Securities Litigation Reform Act of 1995 (the "Reform Act") provides a safe harbor for forward-looking statements made by or on behalf of P&F Industries, Inc. and subsidiaries ("P&F", or "the Company"). P&F and its representatives may, from time to time, make written or verbal forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and in its reports to stockholders. Generally, the inclusion of the words "believe," "expect," "intend," "estimate," "anticipate," "will," and their opposites and similar expressions identify statements that constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and that are intended to come within the safe harbor protection provided by those sections. Any forward-looking statements contained herein, including those related to the Company's future performance, are based upon the Company's historical performance and on current plans, estimates and expectations. All forward-looking statements involve risks and uncertainties. These risks and uncertainties could cause the Company's actual results for the 2009 fiscal year and beyond to differ materially from those expressed in any forward-looking statement made by or on behalf of the Company for a number of reasons, as previously disclosed in the Company's Annual Report on Form 10-K for the year ended December 31, 2008 in response to Item 1A to Part I of Form 10-K. Forward-looking statements speak only as of the date on which they are made. The Company undertakes no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future developm...Click here to read the whole Article (external link)
P&F INDUSTRIES INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibi
Show all filings for P&F INDUSTRIES INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for P&F INDUSTRIES INC 12-Nov-2009Results of Operations and Financial Condition, Financial Statements and Exhibi Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provide...Click here to read the whole Article (external link)
P&F Industries Reports Results for the Three and Nine-Month Periods Ended September 30, 2009
MELVILLE, N.Y., Nov. 12, 2009 (GLOBE NEWSWIRE) -- P&F Industries, Inc. (Nasdaq:PFIN - News) today announced its results of operations for the three and nine-month periods ended September 30, 2009. P&F Industries Inc. reported revenue of $20,470,000 and $54,560,000, respectively, for the three and nine-month periods ended September 30, 2009, compared to $22,104,000 and $71,983,000, respectively, for the same periods in 2008. The Company reported an after tax loss of $776,000 and $1,947,000, respectively, for the three and nine month periods ended September 30, 2009, compared to net income after taxes of $274,000 and $1,131,000, respectively, for the three and nine-month periods in the prior year. The Company reported basic and diluted loss per common share for the three and nine-month periods ended September 30, 2009 of $0.21 and $0.54, respectively, compared to basic earnings per share of $0.08 and $0.31, and diluted earnings per share of $0.07 and $0.30, respectively for the three-and nine-month periods ended September 30, 2008. Richard Horowitz, the Company's Chairman of the Board, Chief Executive Officer and President, stated, "Our results continue to show the effects of the on-going sluggish general economy, compounded by the historically low number of new housing starts, both key factors to our businesses. However, it is important to note that our third quarter 2009 results include after-tax losses incurred at WM Coffman of approximately $647,000. Further, although WM Coffman's resu...Click here to read the whole Article (external link)
Would you like to leave a comment about P & F Industries, Inc. PFIN
Find out what social network information about P & F Industries, Inc. are available on RealpenniesWorst 5 - Click here to find out what stocks have been voted down by our visitors and users
Besides P & F Industries, Inc. there is more great information available at Realpennies.com