| Crane NXT: Shares Offer Strong Potential On Continued Growth |
Crane NXT's stock surged 7% after Q1 2025 results that exceeded analysts' expectations. The company's growth is driven by acquisitions, such as OpSec Security and De La Rue Authentication, aiming for $3 billion in annual revenue by 2028. Despite economic uncertainties and tariff impacts, Crane NXT's long-term prospects remain strong, with management optimistic about achieving high EBITDA margins and significant revenue growth. |
seekingalpha.com |
2025-05-09 08:23:14 |
Czytaj oryginał (ang.) |
| Crane NXT Reports First Quarter 2025 Results |
Completes Acquisition of De La Rue Authentication, a Global Leader in Security and Authentication Technologies Increases Sales Growth Guidance to 6% to 8% for Full Year 2025; Maintaining Full Year EPS Guidance of $4.00 to $4.30 WALTHAM, Mass., May 07, 2025 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced its financial results for the first quarter ended March 31, 2025. |
globenewswire.com |
2025-05-07 20:05:00 |
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| Crane NXT Completes Acquisition of De La Rue Authentication Solutions |
WALTHAM, Mass., May 01, 2025 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has completed its acquisition of De La Rue Authentication Solutions, a global leader in security and authentication technologies, complementing the authentication and online brand protection solutions of OpSec Security (“OpSec”) and expanding the Company's portfolio to include security technologies for government-issued identification documents and credentials. |
globenewswire.com |
2025-05-01 11:03:00 |
Czytaj oryginał (ang.) |
| Is the Options Market Predicting a Spike in Crane Company Stock? |
Investors need to pay close attention to CR stock based on the movements in the options market lately. |
zacks.com |
2025-04-30 14:05:38 |
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| Crane Company (CR) Q1 2025 Earnings Call Transcript |
Crane Company (NYSE:CR ) Q1 2025 Earnings Conference Call April 29, 2025 10:00 AM ET Company Participants Allison Poliniak - VP, IR Max Mitchell - Chairman, President, & CEO Alex Alcala - EVP & COO Rich Maue - EVP & CFO Conference Call Participants Damian Karas - UBS Scott Deuschle - Deutsche Bank Jeffrey Sprague - Vertical Research Partners Nathan Jones - Stifel Jordan Lyonnais - Bank of America Matt Summerville - D.A. Davidson Justin Ages - CJS Securities Tony Bancroft - Gabelli Funds Operator Welcome to the Crane Company First Quarter 2025 Earnings Conference Call. |
seekingalpha.com |
2025-04-30 04:21:37 |
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| S&P 500 (VOO) Live: Trump Administration Blasts Amazon.com, and the S&P 500 Tumbles |
Live Updates Live Coverage Has Ended S&P 500 Extends Its Winning Streak 4:18 pm The S&P 500 closed up 0.6% for Tuesday, extending its winning streak to six straight days. Trade Talks Keep S&P 500 Moving Higher 1:51 pm “Ask, and ye shall receive.” Investors for example have been asking a lot lately, for proof that President Trump’s tariffs threats will result in trade deals that can benefit the U.S. economy. Today, Treasury Secretary Scott Bessent announced that the conclusion of a trade deal with India is almost set now, with deals with both Japan and South Korea likely to follow in short order. That’s exactly what investors wanted to hear. The S&P 500 is now up 0.7%, and so is “the Voo.” Trump Growls, Amazon Caves 12:13 pm Well, that was quick! No sooner had the White House expressed disapproval of an Amazon plan to inform customers of how much tariffs were raising the cost of goods sold on its site, than Amazon has abandoned the plan. Amazon spokesman Tim Doyle has just tossed the idea under the proverbial bus, admitting he “considered the idea” but it “was never approved and not going to happen.” Commerce Secretary Howard Lutnick (see above) commented: “Good move,” Amazon. Tariffs Threaten Supply Chain, Wall Street Shrugs 10:57 am Gene Seroka, the executive director of the Port of Los Angeles, is warning of a “precipitous drop” in shipments from China as “major American retailers stop … all shipments from China based on the tariffs” announced by President Trump earlier this month. Despite the warning, investors have resumed buying stocks, and the S&P 500 is now in positive territory, up 0.3%. Stock markets opened lower on Tuesday, threatening to break the S&P 500’s five-day winning streak, although the market is moving back towards breakeven now. The S&P 500 opened 0.3% lower this morning, and the Vanguard S&P 500 ETF (NYSEMKT: VOO) likewise opened down 0.3%. T In political news, White House press secretary Karoline Leavitt blasted a reported plan by Amazon.com (Nasdaq: AMZN), to display the cost of wares on its site next to the amount the cost was inflated by tariffs cost, as a “hostile and political act.” Things could be worse, though. Last night, Commerce Secretary Howard Lutnick promised to “reward … companies who manufacture domestically” by reducing tariffs on foreign auto parts used to manufacture cars in the U.S. General Motors (NYSE: GM) CEO Mary Barra responded to the news by promising to “invest even more in the U.S. economy.” Ford (NYSE: F) CEO agreed that the move “will help mitigate the impact of tariffs on automakers, suppliers and consumers.” Earnings Speaking of General Motors, the automotive giant reported this morning that its Q1 profits came in at $2.78, $0.17 ahead of analyst forecasts. Commercial truckmaker Paccar (Nasdaq: PCAR) on the other hand reported profits $0.14 below forecasts. In housing, we see LGI Homes (Nasdaq: LGIH) miss badly, but paintmaker Sherwin-Williams (NYSE: SHW) beat. In airlines, Jetblue Airways (Nasdaq: JBLU) reported a $0.59 per share loss, but this was $0.02 better than the $0.61 per share loss it was expected to report. Analyst Calls Analyst action is so far muted. Swiss bank UBS upgraded cranemaker Crane (NYSE: CR) to buy. Tariffs war and “market uncertainty” notwithstanding, UBS says it’s “increasingly confident in the long-term earnings outlook and M&A opportunity” for the company. Not everyone’s so confident, however. Already this morning we’re seeing downgrades outnumber upgrades, with Stifel cutting Builders FirstSource (Nasdaq: BLDR) to neutral, Bank of America lowering ConocoPhillips (NYSE: COP), also to neutral, and TD Cowen downgrading GLP-1 drugs compounder Hims & Hers (NYSE: HIMS) to hold, citing increased competition from Novo Nordisk (NYSE: NVO) and Eli Lilly (NYSE: LLY), and a lack of near-term catalysts to move the stock higher. The post S&P 500 (VOO) Live: Trump Administration Blasts Amazon.com, and the S&P 500 Tumbles appeared first on 24/7 Wall St.. |
https://247wallst.com |
2025-04-29 20:32:49 |
Czytaj oryginał (ang.) |
| Crane Company Reports First Quarter 2025 Results and Reaffirms Full Year EPS Guidance |
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company ("Crane," NYSE: CR) today announced its financial results for the first quarter of 2025 and reaffirmed its full-year adjusted EPS outlook. Max Mitchell, Crane's Chairman, President and Chief Executive Officer, stated: "We delivered a very strong start to 2025, with exceptional results in the first quarter of 24.1% adjusted EPS growth driven by 7.5% core sales growth and strong operating leverage. Furthermore, demand trends across our strategic gro. |
businesswire.com |
2025-04-28 20:15:00 |
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| Crane Company Announces Date for First Quarter 2025 Earnings Release and Teleconference |
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE: CR) announces the following schedule and teleconference information for its first quarter 2025 earnings release: Earnings Release: April 28, 2025 after close of market by public distribution and the Crane Company website at www.craneco.com. Teleconference: April 29, 2025 at 10:00 AM (Eastern) hosted by Max H. Mitchell, President & CEO, Alex Alcala, Executive Vice President & COO, and Richard A. Maue, Executive Vice President & C. |
businesswire.com |
2025-04-01 14:00:00 |
Czytaj oryginał (ang.) |
| Crane NXT Announces Dates for First Quarter 2025 Earnings Release and Earnings Call |
WALTHAM, Mass., March 26, 2025 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT), a premier industrial technology company, today announced its schedule for the company's first quarter 2025 results. |
globenewswire.com |
2025-03-26 18:15:00 |
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| Constellation Ahead of Schedule for Launch of Crane Clean Energy Center |
LONDONDERRY TOWNSHIP, Pa.--(BUSINESS WIRE)--Five months after announcing plans to restart Three Mile Island Unit 1 and launch the Crane Clean Energy Center, Constellation is ahead of schedule. |
businesswire.com |
2025-02-19 10:14:00 |
Czytaj oryginał (ang.) |
| Crane NXT Announces Fourth Quarter and Full Year 2024 Results; Raises Annual Dividend by 6% |
Delivers full year Sales growth of 7%, GAAP EPS of $3.19 and Adjusted EPS of $4.26 On track to close De La Rue Authentication acquisition in the second quarter of 2025 WALTHAM, Mass., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced its financial results for the fourth quarter and full year ended December 31, 2024. |
globenewswire.com |
2025-02-12 18:15:00 |
Czytaj oryginał (ang.) |
| Crane NXT Still Offers A Chance At A Nice Payday |
Crane NXT operates in Security and Authentication Technologies and Payment Innovations, with significant growth driven by acquisitions like OpSec Security and De La Rue Authentication Solutions. Despite recent underperformance, Crane NXT shows strong financials and growth potential, with management targeting $3 billion in revenue and $825 million in EBITDA by 2028. Current valuation suggests Crane NXT is fairly priced, with market-beating potential, making it attractive for value investors seeking growth. |
seekingalpha.com |
2025-02-07 16:39:40 |
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| Crane Stock Soars, But the Best Could Be Yet to Come: Here's Why |
Crane Company NYSE: CR stock is up more than 100% since its separation from Crane NXT NYSE: CXT and can continue to rise by another triple-digit. The rise in stock price is driven by the company's growth, positioning, margin, cash flow, and capital return outlook, which is robust. |
marketbeat.com |
2025-02-02 09:00:13 |
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| Crane Company (CR) Q4 2024 Earnings Call Transcript |
Crane Company (NYSE:CR ) Q4 2024 Earnings Conference Call January 28, 2025 10:00 AM ET Company Participants Allison Poliniak - Vice President, Investor Relations Max Mitchell - Chairman, President, & Chief Executive Officer Alex Alcala - Executive Vice President & Chief Operating Officer Rich Maue - Executive Vice President & Chief Financial Officer Conference Call Participants Nathan Jones - Stifel Matt Summerville - D.A. Davidson Jordan Lyonnais - Bank of America Justin Ages - CJS Securities Tony Bancroft - Gabelli Funds Operator Welcome to the Crane Company Fourth Quarter and Full Year 2024 Earnings Conference Call. |
seekingalpha.com |
2025-01-28 13:11:47 |
Czytaj oryginał (ang.) |
| Crane Company Reports Fourth Quarter 2024 Results, Initiates Full Year 2025 EPS Guidance, and Raises Annual Dividend by 12% |
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company ("Crane," NYSE: CR) today announced its financial results for the fourth quarter of 2024 and initiated its adjusted full-year 2025 EPS outlook. Following the completion of the Engineered Materials divestiture effective on January 1, 2025, results for the fourth quarter of 2024 and all prior periods have been recast with the Engineered Materials segment presented as discontinued operations. Max Mitchell, Crane's Chairman, President and Chief Execut. |
businesswire.com |
2025-01-27 18:15:00 |
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| Crane Company: A Profitable Growth Firm In A Virtuous Circle |
Crane Company is rated a Strong Buy with a one-year price target of $185.41, indicating a 13.81% increase from January 23, 2025. The company's strategic focus on Aerospace & Electronics and Process Flow Technologies, along with successful acquisitions, drives its projected earnings growth of over 14% annually through 2027. Despite being in highly competitive markets, Crane's technological differentiation and strong financial performance provide it with a competitive edge and a narrow to medium moat. |
seekingalpha.com |
2025-01-25 07:12:24 |
Czytaj oryginał (ang.) |
| Crane NXT Announces Dates for Fourth Quarter and Full Year 2024 Earnings Release and Earnings Call |
WALTHAM, Mass., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT), a premier industrial technology company, today announced its schedule for the company's fourth quarter and full year 2024 results. |
globenewswire.com |
2025-01-15 18:05:00 |
Czytaj oryginał (ang.) |
| New Strong Sell Stocks for January 9th |
BIDU, CENTA and CR have been added to the Zacks Rank #5 (Strong Sell) List on January 9, 2024. |
zacks.com |
2025-01-09 06:36:08 |
Czytaj oryginał (ang.) |
| Crane NXT to Participate in the CJS Securities 25th Annual New Ideas for the New Year Conference |
WALTHAM, Mass., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT), a premier industrial technology company, announced that Aaron Saak, President and Chief Executive Officer, and Christina Cristiano, Senior Vice President and Chief Financial Officer, will participate in a fireside chat at the CJS Securities 25th Annual New Ideas for the New Year Conference on Tuesday, January 14, 2025 at 8:00 a.m. ET. |
globenewswire.com |
2025-01-07 18:05:00 |
Czytaj oryginał (ang.) |
| Crane Company Announces Divestiture of Engineered Materials Segment |
CR sells its Engineered Materials segment for $227 million to focus on the core businesses while supporting capital allocation priorities. |
zacks.com |
2025-01-06 14:21:27 |
Czytaj oryginał (ang.) |
| Crane Company Announces Close of Engineered Materials Divestiture |
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE:CR) (“Crane” or the “Company”), a premier industrial manufacturing and technology company, today announced that it has closed on the previously announced divestiture of its Engineered Materials business to KPS Capital Partners, LP (“KPS”). About Crane Company Crane Company has delivered innovation and technology-led solutions to its customers since its founding in 1855. Today, Crane is a leading manufacturer of highly engineered components f. |
businesswire.com |
2025-01-02 18:30:00 |
Czytaj oryginał (ang.) |
| New Strong Sell Stocks for December 31st |
AGL, AMPH and CR have been added to the Zacks Rank #24 (Strong Sell) List on December 31, 2024. |
zacks.com |
2024-12-31 08:51:19 |
Czytaj oryginał (ang.) |
| GNRC or CR: Which Is the Better Value Stock Right Now? |
Investors interested in stocks from the Manufacturing - General Industrial sector have probably already heard of Generac Holdings (GNRC) and Crane (CR). But which of these two companies is the best option for those looking for undervalued stocks? |
zacks.com |
2024-12-23 14:46:22 |
Czytaj oryginał (ang.) |
| New Strong Sell Stocks for December 20th |
ICLR, BHP and CR have been added to the Zacks Rank #5 (Strong Sell) List on December 20, 2024. |
zacks.com |
2024-12-20 11:16:15 |
Czytaj oryginał (ang.) |
| Crane Company Announces Promotion of Alejandro (Alex) Alcala to Chief Operating Officer |
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE:CR) (“Crane” or the “Company”), a premier industrial manufacturing and technology company, has promoted Alejandro (Alex) Alcala to Chief Operating Officer (COO), effective immediately. In this role, Alex will provide both strategic and operational oversight of all Crane business segments, as well as the Crane Business System organization. Max H. Mitchell, Chairman of the Board, President and Chief Executive Officer of Crane Company said, “Si. |
businesswire.com |
2024-12-09 18:30:00 |
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| KPS CAPITAL PARTNERS TO ACQUIRE THE ENGINEERED MATERIALS BUSINESS OF CRANE COMPANY |
LEADING PROVIDER OF FIBERGLASS REINFORCED PLASTIC COMPOSITE PRODUCTS NEW YORK , Dec. 2, 2024 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that, through a newly formed affiliate, it has signed a definitive agreement to acquire the Engineered Materials business ("Crane Composites" or the "Company") from Crane Company ("Crane", NYSE: CR), for an enterprise value of $227 million. Completion of the transaction is expected in the first quarter of 2025 and is subject to customary closing conditions and approvals. |
prnewswire.com |
2024-12-02 18:42:00 |
Czytaj oryginał (ang.) |
| Crane Company Announces Agreement To Sell Engineered Materials Segment To KPS Capital Partners, LP |
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE:CR) (“Crane” or the “Company”), a premier industrial manufacturing and technology company, announced that it has entered into a definitive agreement to sell its Engineered Materials business to KPS Capital Partners, LP (“KPS”) for $227 million. Max Mitchell, Chairman of the Board, President and Chief Executive Officer of Crane Company said, “This divestiture reflects yet another important step forward following the numerous actions we have t. |
businesswire.com |
2024-12-02 18:30:00 |
Czytaj oryginał (ang.) |
| Crane NXT, Co. Reports Third Quarter 2024 Results |
Delivers sales growth of 14%; core sales growth increases 5% Narrows full year Adjusted EPS guidance to $4.22 to $4.30 WALTHAM, Mass., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced its financial results for the third quarter ended September 30, 2024. |
globenewswire.com |
2024-11-06 18:05:00 |
Czytaj oryginał (ang.) |
| Crane Company: Simply Impressive M&A Strategy |
Crane Company's strategic split in 2023 led to a focused business, with the company focusing on aerospace, electronics, and process flow technologies. Despite high expectations, Crane's shares have risen another 45% this year, driven by strong earnings growth and strategic acquisitions. While operating momentum is strong and capital allocation policies are sound, valuation multiple inflation leaves the risk-reward not to be compelling at current levels. |
seekingalpha.com |
2024-11-05 20:16:56 |
Czytaj oryginał (ang.) |
| Crane Company (CR) Q3 2024 Earnings Call Transcript |
Crane Company (NYSE:CR ) Q3 2024 Earnings Call Transcript October 29, 2024 10:00 AM ET Company Participants Allison Poliniak - VP of IR Max Mitchell - Chairman, President and CEO Rich Maue - EVP and CFO Conference Call Participants Matt Summerville - D.A. Davidson Justin Ages - CJS Securities Scott Deuschle - Deutsche Bank Damian Karas - UBS Ron Epstein - Bank of America Adam Farley - Stifel Jeff Sprague - Vertical Research Tony Bancroft - Gabelli Funds Operator Hello, everyone, and welcome to the Crane Company Third Quarter 2024 Earnings Conference Call. |
seekingalpha.com |
2024-10-29 18:31:04 |
Czytaj oryginał (ang.) |
| Crane (CR) Beats Q3 Earnings and Revenue Estimates |
Crane (CR) came out with quarterly earnings of $1.38 per share, beating the Zacks Consensus Estimate of $1.31 per share. This compares to earnings of $1.03 per share a year ago. |
zacks.com |
2024-10-28 20:51:12 |
Czytaj oryginał (ang.) |
| Crane Company Reports Third Quarter 2024 Results and Raises Full Year EPS Guidance |
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company ("Crane," NYSE: CR) today announced its financial results for the third quarter of 2024 and raised and narrowed its adjusted full-year EPS outlook. Max Mitchell, Crane's Chairman, President and Chief Executive Officer, stated: "We delivered another quarter of excellent results, with 34% adjusted EPS growth driven by 6% core sales growth, reflecting continued strong execution by our teams globally. Furthermore, demand trends across our strategic gr. |
businesswire.com |
2024-10-28 18:15:00 |
Czytaj oryginał (ang.) |
| Crane (CR) Earnings Expected to Grow: Should You Buy? |
Crane (CR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2024-10-21 15:05:27 |
Czytaj oryginał (ang.) |
| Will Crane (CR) Beat Estimates Again in Its Next Earnings Report? |
Crane (CR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. |
zacks.com |
2024-10-15 17:15:39 |
Czytaj oryginał (ang.) |
| Crane NXT to Acquire De La Rue Authentication Solutions, a Global Leader in Security and Authentication Technologies |
WALTHAM, Mass., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has signed a definitive agreement with De La Rue plc to acquire its authentication business for 300 million British pounds in cash, subject to customary adjustments. |
globenewswire.com |
2024-10-15 06:15:00 |
Czytaj oryginał (ang.) |
| Crane NXT, Co. Announces Appointment of Dr. Aleta Richards as President of Crane Currency |
WALTHAM, Mass., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has appointed Dr. Aleta Richards as President of its Crane Currency business, effective October 14, 2024. |
globenewswire.com |
2024-10-14 12:30:00 |
Czytaj oryginał (ang.) |
| Crane NXT, Co. Announces Dates For Third Quarter 2024 Earnings Release and Earnings Call |
WALTHAM, Mass., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, announced today its schedule for the Company's third quarter 2024 results. |
globenewswire.com |
2024-10-10 20:10:00 |
Czytaj oryginał (ang.) |
| Crane Company Announces Date for Third Quarter 2024 Earnings Release and Teleconference |
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE: CR) announces the following schedule and teleconference information for its third quarter 2024 earnings release: Earnings Release: October 28, 2024 after close of market by public distribution and the Crane Company website at www.craneco.com. Teleconference: October 29, 2024 at 10:00 AM (Eastern) hosted by Max H. Mitchell, President & CEO, and Richard A. Maue, Executive Vice President & CFO. The call can be accessed in a listen-only. |
businesswire.com |
2024-10-01 14:00:00 |
Czytaj oryginał (ang.) |
| Constellation to Launch Crane Clean Energy Center, Restoring Jobs and Carbon-free Power to the Grid |
LONDONDERRY, Pa.--(BUSINESS WIRE)--Constellation signed an agreement with Microsoft that will pave the way for the launch of the Crane Clean Energy Center. |
businesswire.com |
2024-09-20 11:00:00 |
Czytaj oryginał (ang.) |
| Crane (CR) Is Up 7.51% in One Week: What You Should Know |
Does Crane (CR) have what it takes to be a top stock pick for momentum investors? Let's find out. |
zacks.com |
2024-09-19 17:01:08 |
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