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WSCI Surges On Rise In Q4 Sales
Wednesday, October 20, 2010 - 1:01pm | 70Shares of WSI Industries Inc (NASDAQ: WSCI) jumped after the company reported 47% y/y surge in Q4 sales. WSCI's Board of Directors has also declared a quarterly dividend of $.04 per share payable on November 17 to shareholders, as of record on November 3. WSCI shares advanced 46.28% to $6.29 at 12:...
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10-20-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Wednesday, October 20, 2010 - 12:03pm | 4545David K. Randall, AP Business Writer Airline sector leads stock market higher Strong results from Delta and Boeing help push broad market higher NEW YORK (AP) — Stocks rose early Wednesday, regaining much of the ground lost the day before, following strong earnings reports from manufacturing and...
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WSI Industries Soars on Dividend Reinstatement (WSCI)
Wednesday, October 20, 2010 - 11:52am | 173Shares of WSI Industries, Inc. (NASDAQ: WSCI) are skyrocketing today after the company reported strong fourth quarter earnings, followed by the reinstatement of its dividend. Currently, shares are higher by 42.33%, trading at $6.12. Its board of directors declared a quarterly dividend of $.04 per...
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Briggs & Stratton Declares Dividend of $0.11
Wednesday, October 20, 2010 - 11:45am | 59Briggs & Stratton Corporation (NYSE: BGG): At its regular quarterly meeting held today, the Board of Directors of Briggs & Stratton Corporation declared a quarterly dividend of eleven cents ($0.11) per share on the common stock of the Corporation. The dividend is payable January 3, 2011...
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Briggs & Stratton Corporation Announces Results of Annual Meeting (BGG)
Wednesday, October 20, 2010 - 11:29am | 105Briggs & Stratton Corporation (NYSE: BGG): Briggs & Stratton Corporation announced the following results of its Annual Meeting held today: Shareholders reelected William F. Achtmeyer, David L. Burner and Todd J. Teske as directors to terms expiring in 2013. As previously announced, upon...
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Badger Meter Net Sales Above Sterne Agee Estimates
Wednesday, October 20, 2010 - 11:22am | 129In a report released this morning, Sterne Agee says that Badger Meter, Inc.'s (NYSE: BMI) GAAP EPS $0.60 included $0.05 in previously unrecognized tax benefits. Excluding the tax benefit, adjusted EPS was $0.55, in line with Sterne Agee's estimate and ahead of $0.51 consensus. “Excluding the tax...
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Mid-Day Market Movers (SHZ, WSCI, DEAR, ETRM)
Wednesday, October 20, 2010 - 10:57am | 115China Shen Zhou Mining & Resources Inc (AMEX: SHZ) jumped 66.82% to $3.67 at 10:10 am. SHZ's quarterly revenue jumped 200.60% y/y. WSI Industries Inc (NASDAQ: WSCI) climbed 40.00% to $6.02. WSCI reported 47% y/y surge in Q4 sales. Dearborn Bancorp Inc (NASDAQ: DEAR) shares surged 25.71% to $2....
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Oppenheimer Reiterates Perform Rating on IDEX Corp. (IEX)
Wednesday, October 20, 2010 - 9:47am | 140Oppenheimer is out with a research report this morning, where it reiterates its Perform rating on IDEX Corporation (NYSE: IEX); it did not provide a price target for shares. The Oppenheimer analysts cited the company's recently reported quarterly earnings report, where EPS and revenue beats their...
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Idex Posts Solid Earnings
Wednesday, October 20, 2010 - 9:03am | 139Idex (NYSE: IEX) reported solid 3Q results, but shares underperformed a weak tape, Oppenheimer believes related to some profit taking and expectations for an earnings beat already baked in. While shares currently trade at a premium to the industrial group on '11E, Oppenheimer finds this justified...
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Idex Posts Solid Earnings
Wednesday, October 20, 2010 - 8:55am | 139Idex (NYSE: IEX) reported solid 3Q results, but shares underperformed a weak tape, Oppenheimer believes related to some profit taking and expectations for an earnings beat already baked in. While shares currently trade at a premium to the industrial group on '11E, Oppenheimer finds this justified...
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Idex Posts Solid Earnings
Wednesday, October 20, 2010 - 8:49am | 139Idex (NYSE: IEX) reported solid 3Q results, but shares underperformed a weak tape, Oppenheimer believes related to some profit taking and expectations for an earnings beat already baked in. While shares currently trade at a premium to the industrial group on '11E, Oppenheimer finds this justified...
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Idex Posts Solid Earnings
Wednesday, October 20, 2010 - 8:45am | 139Idex (NYSE: IEX) reported solid 3Q results, but shares underperformed a weak tape, Oppenheimer believes related to some profit taking and expectations for an earnings beat already baked in. While shares currently trade at a premium to the industrial group on '11E, Oppenheimer finds this justified...
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Goldman Sees Sharp Upside In Parker-Hannifin (PH)
Wednesday, October 20, 2010 - 8:36am | 161Goldman Sachs sees sharp upside in shares of Parker-Hannifin Corporation (NYSE: PH), especially after the company blew out earnings expectations yesterday. It has a Neutral rating, but a $92 price target on shares, up from $76. In a note to clients, Goldman writes, "We attribute stronger...
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Benzinga's Top Downgrades (KOF, LLY, ITW, AMLN)
Wednesday, October 20, 2010 - 7:55am | 152Coca-Cola FEMSA SAB de CV (NYSE: KOF) was downgraded by Deutsche Bank from "hold" to "sell." KOF's shares closed at $80.55 yesterday. KOF's quarterly sales moved up 4.11% y/y. Citigroup downgraded Eli Lilly & Co (NYSE: LLY) from "buy" to "hold." LLY's stock closed at $37.45 yesterday. Eli Lilly...
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Badger Meter Beats On Top and Bottom Lines (BMI)
Tuesday, October 19, 2010 - 4:34pm | 204Badger Meter Inc. (NYSE: BMI) reports Q3 earnings of $0.60 versus consensus of $0.52. Badger Meter Inc. reports revenues of $75.7 million versus consensus of $72.77 million Revenues increased 24.5% year over year. The gross profit margin was 36.9% for the third quarter of 2010, compared to 39.0%...