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Blount International Sells Gear Products, Inc. for $25M
Friday, October 1, 2010 - 9:04am | 93Blount International, Inc. (NYSE: BLT) today announced the simultaneous signing and closing of the sale of its indirect wholly-owned subsidiary Gear Products, Inc. Blount sold all of the stock of Gear to Tulsa Winch, Inc., an operating unit of Dover Industrial Products, Inc. for approximately $25...
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ITT Awarded $49.5M JTRS Software Support Contract
Friday, October 1, 2010 - 9:01am | 95ITT Corporation (NYSE: ITT) announced today that it has been awarded a contract by the Joint Program Executive Office for the Joint Tactical Radio System valued at up to $49.5 million. The indefinite delivery, indefinite quantity contract provides Software In-Service Support (SwISS), which includes...
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Baldwin Technology Hires Mark T. Becker New CEO
Friday, October 1, 2010 - 8:36am | 25Baldwin Technology Company, Inc. (BLD) announced the appointment of Mark T. Becker as President and CEO, effective immediately.
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CLARCOR Announces 7.7% Dividend Increase
Thursday, September 30, 2010 - 5:01pm | 65At its regular quarterly meeting on September 28, 2010, the CLARCOR Inc. (NYSE: CLC) Board of Directors declared an increase in the regular quarterly dividend from $0.0975 per share to $0.105 per share. This increase raises the annual rate from $0.39 per share to $0.42 per share, a 7.7% increase...
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9-30-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Thursday, September 30, 2010 - 11:06am | 4242Stephen Bernard, AP Business Writer Stocks set to end September surge with more gains Stocks jump on last day of quarter after upbeat reports on unemployment claims, GDP NEW YORK (AP) — Stocks are ending a strong September with more gains Thursday after new reports on unemployment claims, economic...
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JBT Corporation Awarded $14.5 Million Order
Thursday, September 30, 2010 - 10:09am | 79JBT Corporation (NYSE: JBT) today announced that its JBT AeroTech business received a contract award in excess of $14.5 million for the supply of JBT AeroTech's Tempest aircraft deicing vehicles to Delta Air Lines for utilization at eleven U.S. airport operation sites. The deicers will be equipped...
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No Changes Made To Goldman's KMT Estimates Following Investor Meeting
Thursday, September 30, 2010 - 9:16am | 128Goldman Sachs reports no changes to its outlook for Kennametal, Inc. (NYSE: KMT) after attending the company's investor meeting on 9/20 in New York. In its research report, Goldman writes "The new customer-centric organization and brand rationalization under the Kennametal and Widia umbrellas...
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Citi Raises Price Target On Actuant Corporation (ATU)
Thursday, September 30, 2010 - 7:30am | 108Citi Investment Research is raising its price target on Actuant Corporation (NYSE: ATU) from $24 to $25, after the company reported better than expected earnings. It has a Hold/Medium Risk rating on shares. In the research report, Citi writes, "The acceleration in Industrial sales and robust...
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J.P. Morgan Likes Danaher's Acquisition (DHR)
Thursday, September 30, 2010 - 7:25am | 117J.P. Morgan Chase & Co. likes the Danaher Corporation (NYSE: DHR) acquisition of Keithley Instruments, Inc. (NYSE: KEI), and has an Overweight rating and a $48 price target on shares. In the research report, J.P. Morgan writes, "The deal looks right down the middle strategically, providing...
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Goldman Reiterates Buy On Danaher (DHR)
Thursday, September 30, 2010 - 7:09am | 148Goldman Sachs is reiterating its Buy rating on Danaher Corporation (NYSE: DHR) after it purchased Keithley Instruments, Inc. (NYSE: KEI) yesterday. It has a Buy rating, and a $47 price target on shares. In the research note, Goldman writes, "We view the proposed KEI acquisition as strategically...
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Top Narrow Based Indexes For September 29 (LDK, DSTI, KEI)
Wednesday, September 29, 2010 - 11:52am | 227By 11:48 am, the Dow Jones Industrial Average was down 14.01 points, or 0.13%, to 10,844.13, while the broader Standard & Poor's 500 index had lost 1.83 points, or 0.16%. The NASDAQ composite index fell 1.24 points, or 0.05%. Some of the narrow based indexes that are still afloat in the market...
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9-29-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Wednesday, September 29, 2010 - 11:21am | 4688Associated Press Stocks slip as European protests worsen debt fears Stocks falter in early trade, following European markets lower on austerity protests NEW YORK (AP) — Stocks slipped in early trading Wednesday as a wave of protests against austerity measures in Europe brought new worries about...
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Mid-Day Market Movers (DJSPU, KEI, LRAD, THO)
Wednesday, September 29, 2010 - 10:33am | 115DJSP Enterprises Inc (NASDAQ: DJSPU) jumped 175.69% to $11.00 at 10:22 am. DJSPU's trailing-twelve-month ROA is 50.96%. Keithley Instruments Inc (NYSE: KEI) climbed 72.80% to $21.41. Danaher Corporation (NYSE: DHR) has agreed to acquire KEI for about $300 million or $21.60 per share in cash. LRAD...
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JBT Corporation Awarded $6.5 Million Order
Wednesday, September 29, 2010 - 10:17am | 68JBT Corporation (NYSE: JBT) today announced that its JBT AeroTech business was awarded a contract in excess of $6.5 million by Beijing Capital International Airport Company, Ltd. The contract is for the supply of Tempest aircraft deicing vehicles equipped with the environmentally friendly...
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Price Target Changes From FBR Capital
Wednesday, September 29, 2010 - 10:04am | 41FBR Capital has reiterated rating and changed the price targets for the following companies: LSI Logic (NYSE: LSI) Mkt Perform $6.25 » $6 Crane (NYSE: CR) Mkt Perform $39 » $41