Crane Co. Reports Strong Second Quarter Results

Crane Co. reported second quarter 2013 earnings of $0.93 per diluted share, compared to $1.07 in the second quarter of 2012.

Second quarter 2013 sales in Crane’s Fluid Handling segment increased $6.7 million, or 2%, which included a core sales increase of $9.2 million (3%), and unfavorable foreign exchange of $2.5 million (1%). More...