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Harsco Secures New Multi-Year Contract in Brazil Valued At $90 Million
Monday, July 25, 2011 - 4:28pm | 286Worldwide industrial solutions and engineered products company Harsco Corporation (NYSE: HSC) announced today it has been awarded a new multi-year contract valued at more than $90 million over its duration to support an all-new steel mill in Brazil with onsite environmental and logistics services...
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Lydall Announces a Price Increase of 6-8%
Monday, July 25, 2011 - 4:28pm | 49Lydall, Inc. (NYSE: LDL) today announced a general price increase effective with orders shipped on or after September 12, 2011. This increase is necessary as a result of industry-wide continuing increases in raw material costs such as glass fiber, resins, energy and freight.
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Measuring Demand for Market Protection 07-25-2011
Monday, July 25, 2011 - 2:57pm | 955Cusick's Corner The sellers were out this morning and while the selling has tapered off, it still cannot be overlooked. Longs are looking like they are getting nervous, potentially taking some profits as the Debt debate continues and the Chinese are signaling some mixed data. Market players on the...
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Is Dover Corp. (DOV) a Cyclical, Growth or Dividend Growth Stock?
Monday, July 25, 2011 - 10:27am | 118Dover Corp. (DOV) reported their earnings today. The following excerpt from their press release summarizes their excellent quarter. It was recently suggested that we prepare an article on Dover Corp. (DOV), and therefore, felt it was appropriate to prepare this [...]
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Earnings Roundup
Monday, July 25, 2011 - 9:09am | 832Baker Hughes Inc (NYSE: BHI) reported a strong rise in its second-quarter net profit. Baker Hughes reported its quarterly net profit at $338 million, or $0.77 per share, up from $93 million, or $0.23 per share, in the year-ago period. Excluding items, the company's earnings came in at $0.93 per...
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ITW Acquires Despatch Industries; Company is a Leading Provider of Thermal Processing Equipment
Monday, July 25, 2011 - 9:04am | 228Illinois Tool Works Inc. (NYSE: ITW) today announced that it has acquired Despatch Industries, a provider of thermal processing equipment for the solar, carbon fiber and other thermal technology markets. Terms of the transaction were not disclosed. With full-year 2011 revenues expected to exceed...
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A Peek Into The Market Before The Trading Starts
Monday, July 25, 2011 - 7:23am | 390Pre-open movers US stock futures are lower this morning, as the nation's debt ceiling talks failed to progress. Futures for the Dow Jones Industrial Average dipped 95 points to 12,526.00 and S&P 500 index futures fell 9.80 points to 1,330.20. Nasdaq 100 futures dropped 14.75 points to 2,413.25...
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UPDATE: Eaton Reports Upbeat Q2 Profit, Raises Full-Year Forecast
Monday, July 25, 2011 - 7:00am | 85Eaton Corp (NYSE: ETN) reported better-than-expected quarterly profit on Monday and lifted its full-year outlook. Eaton's quarterly net earnings climbed 49% y/y to $336 million, or $0.97 per share, from $226 million, or $0.66 per share. Its revenue gained 21% to $4.09 billion. Analysts were...
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Earnings Scheduled For July 25
Monday, July 25, 2011 - 4:42am | 459Kimberly Clark Corp (NYSE: KMB) is expected to report its Q2 earnings at $1.15 per share on revenue of $5.13 billion. Broadcom Corp (NASDAQ: BRCM) is estimated to post its Q2 earnings at $0.63 per share on revenue of $1.80 billion. Baker Hughes Incorporated (NYSE: BHI) is expected to report its...
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Earnings Preview: Roper Industries Growth Seen Continuing in Wake of Northern Digital Acquisition
Sunday, July 24, 2011 - 11:17am | 626Roper Industries (NYSE: ROP) is scheduled to report its second-quarter 2011 results Monday, July 25, before the opening bell. Investors will be looking for updates on the recently completed acquisition of Northern Digital, and how the acquisition might influence the company's sales and earnings...
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Earnings Expectations for the Week of July 25
Sunday, July 24, 2011 - 9:40am | 1439The earnings crunch continues this week even as the month of July winds to a close. Quarterly reports of note scheduled for the week include those from Netflix (NASDAQ: NFLX), United Parcel Service (NYSE: UPS), Exxon Mobil (NYSE: XOM), Starbucks (NASDAQ: SBUX), Merck (NYSE: MRK) and Dow Chemical (...
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Is Dover Corp. (DOV) a Cyclical, Growth or Dividend Growth Stock?
Friday, July 22, 2011 - 3:30pm | 1657Dover Corp. (DOV) reported their earnings today. The following excerpt from their press release summarizes their excellent quarter. It was recently suggested that we prepare an article on Dover Corp. (DOV), and therefore, felt it was appropriate to prepare this review on earnings day. Dover...
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Jefferies Reiterates Buy and PT of $55 on IDEX
Friday, July 22, 2011 - 8:54am | 41Jefferies reiterated its Buy rating on IDEX (NYSE: IEX). At the same time, the rating agency left its price target on the company's stock unchanged at $55. On Thursday, IEX closed the day at $44.76.
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Piper Jaffray Raises PT On LECO To $52
Friday, July 22, 2011 - 8:25am | 100Piper Jaffray has issued a report raising the Price Target on Lincoln Electrci (NASDAQ: LECO) from $47 to $52 a share. According to the report, "We are raising our outlook and price target (to $52 from $47) as Lincoln continues to show the ability to execute extremely well across all geographies,...
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Citi Reiterates Buy and PT of $64 on Danaher
Friday, July 22, 2011 - 8:20am | 46Citi reiterated its Buy rating on Danaher (NYSE: DHR). At the same time, the rating agency left its price target on the company's stock unchanged at $64. On Thursday, DHR lost 1.28% of its value to finish the day at $52.43.