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iRobot Corp. (NASDAQ: IRBT) today announced it received two contracts from the Naval Oceanographic Office at Stennis Space Center, Miss. The first contract calls for the delivery of iRobot Seaglider™ Unmanned Underwater Vehicles, for a total value of up to $920,000, including options. The company...

Snap-On Inc. (SNA) reported earnings from continuing operations of 80 cents per share for the third quarter of 2010, exceeding the Zacks Consensus Estimate of 65 cents.  Revenues of $653.1 million increased by $71.3 million, or 12.3%, from the corresponding prior-year period.  Segment Results...

ATC Technology Corporation (ATC) (Nasdaq: ATAC), today announced that it has completed its merger with GENCO Distribution System, Inc. and is now a wholly-owned subsidiary of GENCO. Under the terms of the merger agreement, ATC stockholders will receive $25.00 per share in cash, without interest and...

Deutsche Bank is reiterating its Buy rating and $76 price target on Stanley Black & Decker, Inc. (NYSE: SWK) after the company reported blowout earnings yesterday. In a note to clients, Deutsche Bank writes, "Although the market is concerned about conservative guidance for 4Q, we believe that...

Stanley Black & Decker (SWK) reported its financial results for the third quarter of 2010 with earnings per share from continuing operations of 97 cents, up roughly 26% from 77 cents in the comparable quarter of 2009. EPS also surpassed the Zacks Consensus Estimate of 89 cents. Net income from...

Whirlpool Corporation (NYSE: WHR) today announced that a jury in the United States District Court (Chicago) decided unanimously in favor of Whirlpool, finding that Whirlpool steam dryers do, in fact, create steam, and refusing to award any relief to LG. The jury's decision marks the second time...

Stanley Black & Decker (NYSE: SWK) today announced third quarter 2010 financial results. 3Q'10 Pro Forma Revenues Increased 11% To $2.4 Billion; Pro Forma Organic Revenues Up 8% Excluding One-Time Charges Related Primarily To The Black & Decker Merger, 3Q Diluted EPS Was $0.97 Diluted...

Stanley Black & Decker (SWK) is slated to release its third quarter 2010 results on Wednesday, October 20. The current Zacks Consensus Estimate for the third quarter earnings per share (EPS) is 89 cents, representing an annualized growth of 14.94%.    With respect to earnings surprises,...

Global-Tech Advanced Innovations Inc. (NASDAQ: GAI) today announced that, on October 12, 2010, the U.S. Supreme Court granted a writ of certiorari in the case of Global-Tech v. SEB to decide the level of intent required for inducing infringement. Specifically, the question on which the Supreme...

Barron's has compiled a list of 12 companies it believes are ripe for a leveraged buyout. Analyzing candidates the way private-equity firms do, Barron's chose to focus on companies with modest debt that trade for reasonable multiples of earnings and pretax cash flow. For example, Gap, Inc. (NYSE:...

Year 4, Week 11 Major Position Changes To see historic weekly fund changes click here OR the label at the bottom of this entry entitled 'fund positions'. Cash: 64.9% (v 62.5% last week) 19 long bias: 29.8% (v 19.1% last week) 5 short bias: 5.3% (v 18.4% last week)  [Note: Long bond, & long...

Stanley Black & Decker (NYSE: SWK) announced today that its Board of Directors approved a regular fourth quarter cash dividend of $0.34 per common share. This extends the company's record for the longest consecutive annual and quarterly dividend payments among industrial companies listed on...

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