-
Top 4 Large-Cap Stocks In The Conglomerates Sector With The Highest Cash (GE, UTX, MMM, DHR)
Tuesday, August 31, 2010 - 5:24am | 146Below are the top large-cap conglomerate stocks on the NYSE and the NASDAQ in terms of cash. General Electric Company (NYSE: GE) had $73.85 billion in total cash and $489.74 billion in total debt for the latest quarter. United Technologies Corporation (NYSE: UTX) had $5.00 billion in total cash for...
-
Volume is Still Missing 08-30-2010
Monday, August 30, 2010 - 7:06pm | 693Cusick’s Corner Today’s market action was good for traders, but uncertainty and emotion are also high. What’s missing is volume, so you should keep an eye on volume to see if this recent M&A activity pulls in some larger players over this upcoming holiday weekend. Watch Consumer Confidence...
-
Donaldson Reports Fourth Quarter EPS of $.65 (DCI)
Monday, August 30, 2010 - 5:02pm | 47Donaldson Company, Inc. (NYSE: DCI) announced its financial results for its fiscal 2010 fourth quarter. Summarized financial results are as follows (dollars in millions, except per share data): Three Months Ended July 31 Net sales $ 515 Operating income 75 Net...
-
Gardner Denver, Inc. - Growth & Income
Monday, August 30, 2010 - 9:04am | 722Gardner Denver, Inc. (GDI) is seeing what you'd expect in a global recovery: increased demand. The company is expected to grow earnings by an average of 20% over the next 5 years. Gardner Denver manufactures reciprocating, rotary and vane compressors, liquid ring pumps and blowers for various...
-
Valmont Industries, Inc. (VMI) - Bear of the Day
Monday, August 30, 2010 - 8:34am | 192We are downgrading Valmont Industries (VMI) to Underperform from Neutral and are also reducing our target price to $63.00 from $91.00 due to the company's muted second quarter 2010 profitability and poor topline growth. Valmont fell short of the Zacks Consensus Estimate by 39 cents. Results were...
-
THE BOJ “EASES MONETARY” POLICY
Monday, August 30, 2010 - 1:11am | 692Here’s some so-called “breaking news” in the world of finance: the Bank of Japan has decided to “ease monetary policy” – as though it could get any easier than it has been in Japan for two decades (via Yahoo Finance): “Japan’s central bank has decided to ease monetary policy amid a strong yen and...
-
Flowserve Wins Contract - Analyst Blog
Friday, August 27, 2010 - 2:09pm | 497Flowserve Corporation (FLS) has won three contracts for supplying isolation valves to China Nuclear Power Engineering Company Ltd. These are expected to be utilized at Yangjiang, Fangchenggang and Ningde locations. The valves are fast response, energy actuated valves and are expected to close...
-
Benzinga’s Top Upgrades (GBX, MPR, TSO, MAG)
Friday, August 27, 2010 - 11:12am | 142The Greenbrier Companies (NYSE: GBX) was upgraded by Longbow from "neutral" to "buy." GBX’s shares gained 5.14% to $11.04 at 11:00 am. Greenbrier’s quarterly earnings surged 107.49% y/y. Maxim upgraded Met-Pro Corporation (NYSE: MPR) from "hold" to "buy." MPR’s shares rose 6.90% to $9.61. Met-Pro’s...
-
Eaton Acquires Wright Line - Analyst Blog
Friday, August 27, 2010 - 7:36am | 449Electrical equipment maker Eaton Corporation (ETN) announced the completion of its acquisition of Wright Line Holding Inc. The company had agreed to acquire Worcester-based Wright Line on Aug 4, 2010. Maker of information technology equipment, Wright Line’s sales were roughly $101 million for the...
-
Zacks Releases Four Powerful ''Buy'' Stocks: Kaiser Aluminum, Pall Corporation, Clearwater Paper and Trina Solar - Press Releases
Thursday, August 26, 2010 - 11:54am | 1324For Immediate Release Chicago, IL – August 26, 2010 – Four free stock picks are being made available today on Zacks.com. The industry’s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive...
-
8-26-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Thursday, August 26, 2010 - 11:51am | 4219Stephen Bernard, AP Business Writer Stocks mixed as caution about recovery remains Stocks mixed even as claims for unemployment benefits fall more than expected NEW YORK (AP) — Major stock indexes turned mixed Thursday as a drop in new claims for unemployment benefits wasn’t enough to resolve...
-
Piper Jaffray: European Nat Gas Pipeline Disruptions Positive For LNG & Chart Industries
Thursday, August 26, 2010 - 10:29am | 302Analysts at Piper Jaffray reiterate their "overweight" rating on Chart Industries Inc (NASDAQ: GTLS). The target price for GTLS is set to $24. Piper Jaffray mentions, “According to the International Energy Agency (IEA) nat gas represents ~25% of Europe's energy consumption. The continent produces...
-
SPX Declares Dividend
Thursday, August 26, 2010 - 9:04am | 58SPX Corporation (NYSE: SPW) today announced that its board of directors has declared a quarterly dividend of $0.25 per common share payable on October 5, 2010, to shareholders of record on September 15, 2010. SPX Corporation is a Fortune 500 multi-industry manufacturing leader that provides its...
-
Timken Opens New Office in Jakarta
Thursday, August 26, 2010 - 8:55am | 123Consistent with its strategy to serve growth throughout Asia, The Timken Company (NYSE: TKR) has opened a new office in Jakarta, Indonesia. Affiliated with the Timken Singapore Pte, Ltd. subsidiary, the Jakarta office will serve growing demand in the region, particularly from customers in the...
-
Deutsche Bank Sees Strong Upside In Shares Of Dover (DOV)
Thursday, August 26, 2010 - 8:07am | 181Deutsche Bank is reiterating its Buy rating and $59 price target on shares of Dover Corporation (NYSE: DOV) after the investment bank met with company management. In a note to investors, Deutsche Bank writes, "DOV's commentary around QTD trends was extremely upbeat and broad-based, underlining our...