-
Spartan Motors Down 8.5%, Despite Beating Estimates (SPAR)
Tuesday, February 15, 2011 - 4:29pm | 179Despite beating Wall Street estimates, shares of Charlotte, Michigan-based Spartan Motors, Inc. (Nasdaq: SPAR) are currently down 8.5% at $6.89 per share during Tuesday afternoon trading. Today's trading range for shares of Spartan Motors, Inc has been between $6.79 and $7.49 per share. The...
-
Drew Industries Loses Earlier Gains, Up Just 1.7% (DW)
Tuesday, February 15, 2011 - 3:42pm | 188Shares of White Plains, New York-based Drew Industries Inc. (NYSE: DW) are trading up 1.7% at $23.54 per share during the Tuesday afternoon trading session. The day's trading range for shares of Drew Industries Inc has been between $23.47 and $26.51 per share. Analysts covering the company's stock...
-
Spartan Motors Reports Q4 EPS of $0.11 vs. $0.09
Tuesday, February 15, 2011 - 9:12am | 41Spartan Motors, Inc. (Nasdaq: SPAR) today announced improved net sales and profitability for its 2010 fourth quarter. Net sales of $126.9 million (up 31.4 percent) Net earnings from continuing operations of $3.7 million (up from $0.1 million EPS $0.11
-
Drew Industries Reports Q4 EPS of $0.14 vs. $0.09
Tuesday, February 15, 2011 - 8:31am | 95Drew Industries Incorporated (NYSE: DW) today reported net income for the fourth quarter ended December 31, 2010 of $3.1 million, or $0.14 per diluted share, compared to net income of $2.9 million, or $0.13 per diluted share in the fourth quarter of 2009. Net sales in the 2010 fourth quarter...
-
Pre-Market Movers:(TPI),(EXK),(AXL),(OCZ)
Monday, February 14, 2011 - 10:18am | 34Pre-Market Movers:(TPI),(EXK),(AXL),(OCZ)
-
Wunderlich Securities Reiterates Buy Rating, $45 PT On JCI
Monday, February 14, 2011 - 9:04am | 84Both OEM and after-market battery sales could see a big boost this year driven by two factors: cold weather and mild-hybrid or start-stop technology, Wunderlich Securities reports. “Johnson Controls Inc.'s (NYSE: JCI) guidance for the Power Solutions segment is for 11% to 15% revenue growth,”...
-
J.P. Morgan Raises PT on WABCO to $66 (WBC)
Monday, February 14, 2011 - 8:39am | 129J.P. Morgan is out with its report today on WABCO (NYSE: WBC), raising its PT from $49 to $66. In a note to clients, J.P. Morgan writes, "EPS of $1.01 was ahead of the preannounced $0.88-0.93 range, with operating performance about in line and tax adding $0.08. Initial 2011 guidance came in at $3....
-
JP Morgan Raises PT On WABCO To $66
Monday, February 14, 2011 - 8:04am | 27JP Morgan has raised the price target on WABCO Holdings (NYSE: WBC) from $49 to $66 and maintains its Neutral rating.
-
Gabelli Maintains BorgWarner Buy (BWA)
Friday, February 11, 2011 - 11:18am | 79Gabelli & Company maintained its BorgWarner (NYSE: BWA) Buy rating in a research report published today. In the report, Gabelli states, "We continue to recommend BWA as we expect further outperformance from the company as demand for its fuel efficient engine technology outpaces overall global...
-
Deutsche Bank Raises PT on BorgWarner to $73.50 (BWA)
Friday, February 11, 2011 - 9:49am | 110Deutsche Bank is out with its report today on BorgWarner (NYSE: BWA), raising its price target from $66.50 to $73.50. In a note to clients, Deutsche Bank writes, "BWA reported 4Q10 EPS of $0.89 vs DBe of $0.80. The strong results were largely driven by higher-than-expected rev growth (ex currency)...
-
Wabco Holdings Beats Estimates (WBC)
Friday, February 11, 2011 - 9:19am | 231Piscataway, New Jersey-based Wabco Holdings Inc. (NYSE: WBC) on Friday morning released financial results that beat Wall Street expectations. Wabco Holdings Inc reported that its 4th quarter net income rose to $64.6 million, or 96 cents per share, from $38.7 million, or 59 cents per share, a year...
-
Federal-Mogul Enhances Distribution Capability in Spain
Thursday, February 10, 2011 - 1:49pm | 114Federal-Mogul Corporation (Nasdaq: FDML) has opened a new aftermarket distribution center in Madrid to service the Spanish market. Federal-Mogul President and CEO Jose Maria Alapont; David Zapata, managing director of the aftermarket business in Spain; and Angel Viveros, the Mayor of Coslada,...
-
American Axle Rumored To Receive Takeover Interest From GM (AXL)
Thursday, February 10, 2011 - 10:58am | 96American Axle (NYSE: AXL) is receiving takeover interest today from General Motors (NYSE: GM), according to unconfirmed rumors. The current circulating chatter is naming $25/share as a possible target. Sources for this rumor are unconfirmed. This article may include mentions of rumors, chatter, or...
-
BorgWarner Reports Q4 EPS of $0.89 vs. $0.83
Thursday, February 10, 2011 - 9:05am | 60BorgWarner Inc. (NYSE: BWA) today reported fourth quarter 2010 U.S. GAAP earnings of $0.89 per diluted share, a new record for the Company and up 98% compared with U.S. GAAP earnings of $0.45 per diluted share in fourth quarter 2009. Sales were up 28.0% from fourth quarter 2009, sharply higher than...
-
JP Morgan Raises PT On American Axle To $16
Wednesday, February 9, 2011 - 9:09am | 27JP Morgan has raised the price target on American Axle (NYSE: AXL) from $14 to $16 and maintains its Overweight rating.