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Kaydon Corporation Raises Third Quarter Dividend by 5.3% to $0.20/Share
Wednesday, July 27, 2011 - 5:15pm | 123Read More...Kaydon Corporation (NYSE: KDN) today announced that its Board of Directors declared a 5.3 percent increase in its regular quarterly dividend, to $.20 per share from $.19 per share. The dividend is payable on October 3, 2011 to shareholders of record as of the close of business on September 12, 2011...
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Options Brief: The Timken Company
Wednesday, July 27, 2011 - 12:08pm | 84Read More...Shares of The Timken Company (NYSE: TKR) are lower on the session by 3.76%, trading at $45.59. Overall call volume is now running at 7.32x the daily average, with 75% of all calls traded being purchases on the offer. 1,251 contracts have traded on the session so far. The Timken Company develops...
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Calls Purchased on The Timken Company
Wednesday, July 27, 2011 - 10:20am | 109Read More...Shares of The Timken Company (NYSE: TKR) are lower on the session by 3.44%, currently trading at $45.74. The stock has been moving largely lower over the past three months and is currently trading below the 200-day moving average. Options traders are buying calls on the name today. A short while...
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Wedbush Reports Buying Opportunity On Pentair
Wednesday, July 27, 2011 - 9:23am | 92Read More...According to Wedbush, Pentair (NYSE: PNR) presents a buying opportunity. Wedbush said that it believes concerns about the guidance for slower growth in Q3 are placing undue pressure on PNR shares as investors overlook a solid, in-line quarter and upbeat full-year guidance that reflects a strong...
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Wunderlich Reiterates Buy on The Timken Company
Wednesday, July 27, 2011 - 9:21am | 148Read More...Wunderlich is out with its report today on The Timken Company (NYSE: TKR), reiterating Buy. In a note to clients, Wunderlich writes, "Street consensus for The Timken Company looks a little bit low for the year and there is room for us to move our estimates up. TKR steel mills are running flat out...
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Sterne Agee Lowers PT on ITW To $60
Wednesday, July 27, 2011 - 8:58am | 28Read More...Sterne Agee has lowered the price target on Illinois Tool Works (NYSE: ITW) from $70 to $60 and maintains its Neutral rating.
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Top 4 Small-Cap Stocks In The Farm & Construction Machinery Industry With The Lowest PEG Ratio
Wednesday, July 27, 2011 - 4:09am | 119Read More...Below are the top small-cap farm & construction machinery stocks on the NYSE and the NASDAQ in terms of PEG ratio NACCO Industries Inc (NYSE: NC) has a PEG ratio of 0.13. NC's trailing-twelve-month ROE is 28.86%. Lindsay Corporation (NYSE: LNN) has a PEG ratio of 0.99. LNN's trailing-twelve-...
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ITT Earnings Preview: Analyts Expect Higher Earnings, Revenue from Prior Quarter
Tuesday, July 26, 2011 - 1:31pm | 561Read More...ITT (NYSE: ITT) releases its next round of earnings this Friday, July 29, 2011. Here's Benzinga's advanced look at ITT's second quarter earnings report. Earnings and Revenue: Wall Street expects a EPS of $1.17 per share and revenues of $2.83 billion. Wall Street will be looking to see how...
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Illinois Tool Works Down Over 8% on Downbeat Earnings
Tuesday, July 26, 2011 - 11:35am | 51Read More...Illinois Tool Works (NYSE: ITW) is down over 8% on downbeat earnings that were reported earlier this morning. The company reported Q2 EPS of $0.96 vs. $1.02 Est and revenues of $4.61B vs. $4.69B Est. Illinois Tool Works is currently trading at $52.18 a loss of $4.83 or 8.47%.
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Earnings Roundup
Tuesday, July 26, 2011 - 9:32am | 1635Read More...Lockheed Martin Corp (NYSE: LMT) reported a 10% decline in its Q2 profit. Lockheed Martin's quarterly net earnings dropped to $742 million, or $2.14 per share, from $824 million, or $2.22 per share, in the year-earlier quarter. Its net sales increased to $11.55 billion from $11.28 billion....
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Bank of America Reiterates Buy on Danaher, Raises PT to $63
Tuesday, July 26, 2011 - 9:29am | 43Read More...Bank of America reiterated its Buy rating on Danaher (NYSE: DHR). At the same time, the rating agency raised its price target on the company's stock from $55 to $63. On Monday, DHR closed the day at $51.52.
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Goldman Sachs Reiterates Buy on Eaton
Tuesday, July 26, 2011 - 9:10am | 150Read More...Goldman Sachs is out with its report today on Eaton (NYSE: ETN), maintaining Buy. In a note to clients, Goldman Sachs writes, "We reiterate our CL-Buy with 27% upside potential to target and believe the market continues to underestimate ETN's earnings revision potential. Shares are +4% ytd versus...
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Met-Pro Corporation's Environmental Air Solutions Business Unit Receives Equipment Order in Excess of $675,000
Tuesday, July 26, 2011 - 9:06am | 221Read More...Raymond J. De Hont, Chairman and Chief Executive Officer of Met-Pro Corporation (NYSE: MPR), announced today that the Company's Environmental Air Solutions business unit has received an order from one of the nation's leading natural resource companies, totaling more than $675,000, to supply a multi...
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UPDATE: ITW Reports Downbeat Q2 Profit; Shares Down In Pre-Market
Tuesday, July 26, 2011 - 8:31am | 64Read More...Illinois Tool Works Inc (NYSE: ITW) reported downbeat quarterly profit on Tuesday. ITW reported its quarterly earnings at $498.4 million, or $0.99 per share, up from $411.5 million, or $0.81 per share, in the year-earlier period. Its revenue climbed 18% to $4.62 billion. Analysts were expecting a...
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Bank of America Raises PO On Danaher To $63
Tuesday, July 26, 2011 - 7:44am | 27Read More...Bank of America has raised the price objective on Danaher (NYSE: DHR) from $55 to $63 and maintains its Buy rating.

