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Hubbell Tops, Guidance Conservative - Analyst Blog
Wednesday, February 2, 2011 - 3:21pm | 1191Hubbell Inc.'s (HUB.B) fourth quarter earnings of 97 cents (96 cents available for Hubbell shareholders) that beat the Zacks consensus by 9 cents, or 10.2% on revenues that beat by 2.9%. Total Revenue For the fourth quarter, Hubbell reported revenue of $639.3 million, down 6.7% sequentially...
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Hubbell Tops, Guidance Conservative - Analyst Blog
Wednesday, February 2, 2011 - 3:00pm | 1191Hubbell Inc.'s (HUB.B) fourth quarter earnings of 97 cents (96 cents available for Hubbell shareholders) that beat the Zacks consensus by 9 cents, or 10.2% on revenues that beat by 2.9%. Total Revenue For the fourth quarter, Hubbell reported revenue of $639.3 million, down 6.7% sequentially...
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Borders Bankruptcy, Barnes & Noble Buy? (BGP, GE, BKS, AMZN)
Wednesday, February 2, 2011 - 12:27pm | 450Borders Group (NYSE: BGP) may file bankruptcy as soon as next week, Bloomberg reported yesterday. If bankruptcy is imminent for the company, what is the next step for investors? As Benzinga readers know, Borders reached a tentative agreement with General Electric (NYSE: GE) last week for a new $550...
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3M Completes Acquisition of Tape Business from Alpha Beta Enterprise Co
Wednesday, February 2, 2011 - 12:02pm | 423M (NYSE: MMM) announced today that it has completed its acquisition of the tape-related assets of Alpha Beta Enterprise Co. Ltd., a manufacturer of box sealing tape and masking tape headquartered in Taipei, Taiwan.
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GE Wins Wind Services Contract - Analyst Blog
Wednesday, February 2, 2011 - 3:23am | 449General Electric Company (GE) has won a 10-year contract with Spanish wind developer Cobra Energia to provide advanced services for 178 GE wind turbines installed at eight wind farms across Spain. These services include solutions for advanced unplanned maintenance, troubleshooting, upgrades and...
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GE Wins Wind Services Contract - Analyst Blog
Tuesday, February 1, 2011 - 7:31pm | 449General Electric Company (GE) has won a 10-year contract with Spanish wind developer Cobra Energia to provide advanced services for 178 GE wind turbines installed at eight wind farms across Spain. These services include solutions for advanced unplanned maintenance, troubleshooting, upgrades and...
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GE Wins Wind Services Contract - Analyst Blog
Tuesday, February 1, 2011 - 7:00pm | 449General Electric Company (GE) has won a 10-year contract with Spanish wind developer Cobra Energia to provide advanced services for 178 GE wind turbines installed at eight wind farms across Spain. These services include solutions for advanced unplanned maintenance, troubleshooting, upgrades and...
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GE Wins Wind Services Contract - Analyst Blog
Tuesday, February 1, 2011 - 7:00pm | 449General Electric Company (GE) has won a 10-year contract with Spanish wind developer Cobra Energia to provide advanced services for 178 GE wind turbines installed at eight wind farms across Spain. These services include solutions for advanced unplanned maintenance, troubleshooting, upgrades and...
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Emerson Underperforms Estimates - Analyst Blog
Tuesday, February 1, 2011 - 4:31pm | 799Emerson Electric Company (EMR) released its first quarter 2011 earnings results before the opening bell today, reporting earnings per share from continuing operation of 63 cents, below the Zacks Consensus Estimate of 65 cents. Earnings for the quarter were up 15% year over year. Total revenue...
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Emerson Underperforms Estimates - Analyst Blog
Tuesday, February 1, 2011 - 4:15pm | 799Emerson Electric Company (EMR) released its first quarter 2011 earnings results before the opening bell today, reporting earnings per share from continuing operation of 63 cents, below the Zacks Consensus Estimate of 65 cents. Earnings for the quarter were up 15% year over year. Total revenue...
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Ratings Slide Continues At CNBC
Tuesday, February 1, 2011 - 4:07pm | 321The January numbers from Nielson Media Research indicate that CNBC is seeing deterioration in its ratings compared to the year ago period. Furthermore, the losses are concentrated in the key 25-54 age demographic. The ratings slide could cause changes as Comcast executives review their new NBCU...
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GE Signs Expanded Licensing Agreement for Patented HEROTM Ultrapure Water and Wastewater Production Technology
Tuesday, February 1, 2011 - 3:08pm | 62GE (NYSE: GE) today announced it has completed a new expanded licensing agreement that will allow the company to continue offering High Efficiency Reverse Osmosis (HEROTM) systems to help more of its industrial customers increase their water usage efficiency and reuse capacity as the international...
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GE Oil & Gas Awarded $20M in Subsea Equipment Orders
Tuesday, February 1, 2011 - 2:40pm | 105GE Oil & Gas (NYSE: GE) announces it has been issued orders to supply seven subsea tree and wellhead systems, utilizing the VetcoGray MHXT tree and VetcoGray SG-5 wellhead system, by Maersk Oil North Sea UK Limited for deployment in the U.K. North Sea. The total value of the awards is expected...
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GE Oil & Gas Awarded $50M in Subsea Equipment Orders by Petrobras
Tuesday, February 1, 2011 - 12:18pm | 66GE Oil & Gas (NYSE: GE) has received two contracts with a combined value of more than $50 million to supply a total of 171 subsea wellhead and installation tooling systems to Petróleo Brasileiro S.A. (NYSE: PBR). The equipment will be deployed in Petrobras' Campos and Santos basins projects...
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Jefferies Comments on Teleflex's Leadership Change (TFX)
Tuesday, February 1, 2011 - 9:53am | 106Jefferies is out with its report today on Teleflex (NYSE: TFX), after former CEO Jeffrey Black unexpectedly resigned. In a note to clients, Jefferies writes, "We believe that the unexpected departure indicates the change was more driven at the Board level as opposed to being led by Jeff Black...