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Flow International Beats on Top and Bottom Lines (FLOW)
Tuesday, September 7, 2010 - 4:18pm | 140Flow International Corp. (NASDAQ: FLOW) reports Q2 EPS of $0.00 versus estimates of $0.03 loss. Flow International Corp. reports revenues of $46.6 million versus estimates of $44.38 million. Revenues increased by 23.4% year over year. Aggregate gross margins were 42% for the quarter, compared to...
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Flow International Announces Q1 Results
Tuesday, September 7, 2010 - 4:08pm | 122Flow International Corporation (Nasdaq: FLOW) today reported results for its fiscal 2011 first quarter ended July 31, 2010. For the fiscal 2011 first quarter, Flow reported consolidated revenues of $46.6 million, a 23% increase from $37.8 million in the prior-year period. Net loss in the current...
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ITT Wins US Army Contract - Analyst Blog
Tuesday, September 7, 2010 - 3:03pm | 841ITT Corporation (ITT) has received a contract to supply its AN/AVS-6(V) 3 aviator night vision goggle and spare image intensifier tubes to the US Army. The contract has been awarded by the U.S. Army Research, Development & Engineering Command. The order, valued at $19.9 million, also...
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9-7-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Tuesday, September 7, 2010 - 12:59pm | 3984Stephen Bernard, AP Business Writer Stocks fall on fresh European bank concerns Stocks retreat to kick off holiday-shortened week following European bank worries NEW YORK (AP) — Fresh worries about European banks sent stocks lower Tuesday. Treasury prices rose as investors sought out safe places...
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A Peek Into The Market Before The Trading Starts
Tuesday, September 7, 2010 - 9:17am | 558Pre-open movers US stock futures are signaling a lower start on the Wall Street today, after a long holiday weekend. Shares of Barclays Plc (NYSE: BCS) might suffer after the company named its new chief executive. Futures on the Dow Jones Industrial Average dropped 51.00 points to 10,385, while S...
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Colfax's Allweiler Business Awarded Euro 5 Million Fuel Injection Skid Order for Iraqi Power Plants
Tuesday, September 7, 2010 - 8:41am | 284Colfax Corporation (NYSE: CFX), a global leader in fluid-handling solutions for critical applications, announced its Allweiler AG business unit will deliver a euro 5 million fuel-injection skid order through Siemens AG for use in gas turbines in Iraq. The skids will be used for power plant...
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ESCO Announces Acquisition of Xtensible (ESE)
Tuesday, September 7, 2010 - 8:40am | 72ESCO Technologies Inc. (NYSE: ESE) today announced that it has acquired Xtensible Solutions, Inc.. Xtensible is the thought leader in Enterprise Information Management Strategy, and is a leading provider of semantic-based information management and integration solutions to the utility industry...
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Piper Jaffray Sees Nearly 50% Upside In Pentair (PNR)
Tuesday, September 7, 2010 - 6:39am | 122Piper Jaffray is reiterating its Overweight rating and $47 price target on shares of Pentair, Inc. (NYSE: PNR), ahead of meeting with company management. In a note to clients, Piper Jaffray writes, "We are reiterating our Overweight rating on PNR shares ahead of the company's annual analyst/...
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Earnings Scheduled For September 7 (PVH, FLOW, CMM, AHII, CASY, CMRO, EXXI, MIND, FIZZ, NCS)
Tuesday, September 7, 2010 - 5:28am | 281Phillips-Van Heusen (NYSE: PVH) is expected to report its FQ2 earnings of $0.55 per share on revenue of $1.09 billion. Flow International Corp (NASDAQ: FLOW) may post its Q1 loss of $0.02 per share on $44.38 million in revenue. China Mass Media Corp (NYSE: CMM) is estimated to report its latest...
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Stocks To Watch For September 7 (PVH, AMR, CASY, AHII, FLOW)
Tuesday, September 7, 2010 - 4:45am | 206Some of the stocks that may grab the investor focus today are: Wall Street expects Phillips-Van Heusen (NYSE: PVH) to report its FQ2 earnings of $0.55 per share. PVH’s shares gained 0.10% to $51.15 in after-hours trading. AMR Corp (NYSE: AMR) reported a 3.1% rise in its August traffic, after the...
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Kabul Bank: When They Don’t Fear the Regulators Enough to Even Hide the Abuses
Monday, September 6, 2010 - 9:36am | 5175Kabul Bank: When They Don’t Fear the Regulators Enough to Even Hide the Abuses William K. Black Associate Professor of Economics and Law University of Missouri-Kansas City The World Bank sent me to India several years ago to assist their anti-corruption unit in revising their computerized systems...
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Merger Arbitrage Mondays – September 06, 2010
Monday, September 6, 2010 - 1:33am | 4844Merger activity increased last week with five new deals announced and three deals closing. Deal Statistics: Total Number of Deals Closed in 2010 64 Total Number of Deals That Did Not Complete in 2010 4 Total Number of Pending Deals Cash Deals 45 Stock Deals 9 Stock & Cash Deals 13...
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9-3-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Friday, September 3, 2010 - 12:01pm | 4131Stephen Bernard, AP Business Writer Stocks extend September rally after jobs report Stocks extend September rally after jobs data eases fears about economic slowdown NEW YORK (AP) — Stocks extended their rally Friday after an encouraging report on jobs lifted hopes about the pace of economic...
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ITT Awarded $19.9 Million U.S. Army Order
Friday, September 3, 2010 - 9:00am | 83The U.S. Army Research, Development & Engineering Command has awarded ITT Corporation (NYSE: ITT) a $19.9 million order for ITT’s AN/AVS-6(V)3 aviator night vision goggle and spare image intensifier tubes including ITT’s highest-performing Generation 3 Pinnacle® image intensifier in production...
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Hurco Reports Q3 Results (HURC)
Friday, September 3, 2010 - 8:02am | 121Hurco Companies, Inc., (Nasdaq: HURC) today reported a net loss of $1,173,000, or $(0.18) per diluted share, for its third quarter ended July 31, 2010, compared to a net loss of $1,231,000, or $(0.19) per diluted share, for the corresponding period in fiscal 2009. For the first nine months of...