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Pall Corporation Declares Dividend of $0.175
Thursday, July 14, 2011 - 11:46am | 41The Board of Directors of Pall Corporation (NYSE: PLL) today declared a dividend of $0.175 per share. The dividend is payable on August 19, 2011 to shareholders of record at the close of business on August 5, 2011.
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Met-Pro Corporation's Environmental Air Solutions Business Unit Receives Equipment Order Totaling in Excess of $1.8 Million
Thursday, July 14, 2011 - 10:21am | 218Raymond J. De Hont, Chairman and Chief Executive Officer of Met-Pro Corporation (NYSE: MPR), announced today that the Company's Environmental Air Solutions business unit has received an order, totaling more than $1.8 million, to supply process and air pollution control equipment to a major...
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ITT Announces Names of Companies That Will Result from Spinoffs of Water and Defense Businesses
Thursday, July 14, 2011 - 9:18am | 658ITT Corporation (NYSE: ITT) today announced the future names for its water technology and services business and its Defense & Information Solutions segment, which will become standalone companies following the completion of a previously announced separation plan. Upon completion of the spinoffs...
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James J. Connor Named President and Chief Executive Officer for Tecumseh Products Company
Wednesday, July 13, 2011 - 4:55pm | 66Tecumseh Products Company (Nasdaq: TECUA) announced today that James J. Connor has been named President and Chief Executive Officer effective immediately. Connor has broad experience with manufacturing companies at the CFO and CEO levels and as a strategic adviser to numerous other companies. He...
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American Apparel Receives NYSE Amex Letter Relating to Noncompliance with Listing Standards
Wednesday, July 13, 2011 - 4:00pm | 131American Apparel, Inc. (NYSE: APP)today announced that it received a letter from the NYSE Amex LLC relating to the composition of the Company's Audit Committee and Board of Directors. The letter from the Exchange states that (i) the Company is not in compliance with Section 803(B)(2)(a) of the...
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7-13-11 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Wednesday, July 13, 2011 - 11:18am | 3076Francesca Levy, AP Business Writer Stocks jump as Bernanke opens door to new stimulus Stocks jump as Bernanke says Fed is prepared to take more action to stimulate economy NEW YORK (AP) — Stocks jumped Wednesday as Federal Reserve chairman Ben Bernanke opened the door to more action to stimulate...
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Stocks to Watch for Wednesday 07/13/11: Fresh 52 Week Highs and Lows
Tuesday, July 12, 2011 - 8:24pm | 1637Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Tuesday's trading session (listed from highest total volume to lowest): 1) Adventrx Pharmaceuticals (NYSE: ANX...
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7-12-11 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Tuesday, July 12, 2011 - 4:49pm | 3965Francesca Levy, AP Business Writer Stocks stabilize as Italy pledges action on debt Stocks stabilize after successful bond auction in Italy; country promises action on austerity NEW YORK (AP) — A promise from Italy to fast-track austerity measures nudged stock indexes slightly higher Tuesday....
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Gabelli Lowers PMV on ITT to $91
Tuesday, July 12, 2011 - 8:53am | 80Gabelli is out with its report today on ITT (NYSE: ITT), lowering its PMV from $94 to $91. In a note to clients, Gabelli writes, "Primarily based on debt levels higher than anticipated, we lowered our PMV per share for ITT to $91 per share, from $94 p.s. previously. The PMVs for the water, defense...
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Crane Co. Acquires W. T. Armatur GmbH & Co. for $38M
Tuesday, July 12, 2011 - 8:38am | 88Crane Co. (NYSE: CR) announced today that it has purchased all the equity interests in W. T. Armatur GmbH & Co. KG. WTA is primarily a manufacturer of bellows sealed globe valves, as well as certain types of specialty valves, for chemical, fertilizer and thermal oil applications. The purchase...
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Citi Retains Hold Rating On ITT Corp
Tuesday, July 12, 2011 - 7:33am | 79According to Citi, ITT Corporation (NYSE: ITT) Hold rating is retained. Citi said that it considers all of the key new disclosures in ITT's Form 10s filed on Monday, July 11 to be as-expected and the transaction looks to be proceeding on track for the three-way split by year-end. “With the breakup...
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Stocks to Watch for Tuesday 07/12/11: Fresh 52 Week Highs and Lows
Monday, July 11, 2011 - 5:09pm | 1546Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to lowest): 1) BioSante Pharmaceuticals (NASDAQ: BPAX...
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ITT to Acquire YSI Incorporated; Deal Strengthens Company's Water Instrumentation Business
Monday, July 11, 2011 - 7:30am | 187ITT Corporation (NYSE: ITT) and privately held YSI Incorporated today announced a definitive agreement for ITT to acquire, via merger, YSI, a developer and manufacturer of sensors, instruments, software, and data collection platforms for environmental water monitoring. YSI had 2010 global revenues...
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ITT Businesses File Form 10 Registration Statements as Next Step in Separation into Three Independent Companies
Monday, July 11, 2011 - 7:04am | 92ITT Corporation (NYSE: ITT) today announced in connection with its previously announced plan to pursue a separation into three distinct, publicly traded companies that Form 10 Registration Statements have been filed with the U.S. Securities and Exchange Commission for ITT's water-related businesses...
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The Middleby Corporation Announces Acquisition of Mauer-Atmos
Friday, July 8, 2011 - 10:32am | 74The Middleby Corporation (NASDAQ: MIDD) today announced that it has entered into an agreement to acquire the net assets of Mauer-Atmos GmbH, subject to the satisfaction of certain closing conditions. Mauer-Atmos is a manufacturer of thermal processing systems for the food processing industry based...