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Crane Announces Max Mitchell Appointed Chief Operating Officer
Monday, May 23, 2011 - 12:31pm | 48Crane Co. (NYSE: CR) today announced the appointment of Max H. Mitchell as Executive Vice President and Chief Operating Officer, effective immediately. Mr. Mitchell, 47, has served as President of the Fluid Handling Group, which represents 46% of Crane's sales, since April, 2005.
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L.B. Foster Company Announces $25M Stock Repurchase Authorization
Monday, May 23, 2011 - 11:45am | 80The L.B. Foster Company (NASDAQ: FSTR) announced that its Board of Directors authorized the repurchase of up to $25 million of its common shares until December 31, 2013 at which time this authorization will expire. The Board also declared a $0.025 per share quarterly cash dividend on its issued...
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ITT Water Pump Earns Popular Mechanics Editor's Choice Award
Monday, May 23, 2011 - 10:01am | 223Popular Mechanics magazine has honored ITT Corporation's (NYSE: ITT) AquaCharge portable rechargeable water pump with an Editor's Choice Award at the 2011 National Hardware Show in Las Vegas, Nev. The magazine's Editor's Choice awards highlight a select group of products that demonstrate...
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Morning Market Movers
Monday, May 23, 2011 - 9:49am | 121Sequans Communications SA (NYSE: SQNS) shares advanced 19.85% to $10.93 at 9:45 am. SQNS' trailing-twelve-month revenue is $83.76million. Peoples Educational Holdings Inc (NASDAQ: PEDH) shares surged 16.41% to $1.49. PEDH's trailing-twelve-month revenue is $31.84 million. Krispy Kreme Doughnuts...
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Goldwind and Timken Sign Memorandum of Collaboration Advancing Wind Energy
Monday, May 23, 2011 - 9:04am | 55The Timken Company (NYSE: TKR) and Xinjiang Goldwind Science & Technology today signed a memorandum of long-term strategic collaboration in the United States to cooperate on a range of technical services, products and aftermarket support for the development, supply and maintenance of advanced...
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Stan L. Hasselbusch to Retire as CEO of L.B. Foster Co.
Monday, May 23, 2011 - 8:50am | 138The L.B. Foster Co. (NASDAQ: FSTR) today announced that Stan L. Hasselbusch, President and Chief Executive Officer, plans to retire on December 31, 2011. Mr. Hasselbusch joined the company in 1972 and held successfully progressing positions ultimately becoming President and CEO in 2002. Lee B....
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Oppenheimer Initiates Coverage On CLH, ESE, INSU, TTEK
Monday, May 23, 2011 - 7:52am | 64Oppenheimer has initiated coverage on the following companies: Clean Harbors (NYSE: CLH) Perform, $110 PT ESCO Technologies (NYSE: ESE) Outperform, $46 PT Insituform Technologies (NASDAQ: INSU) Perform, $28 PT Tetra Tech (NASDAQ: TTEK) Outperform, $30 PT
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Oppenheimer Reports on Esco Technologies
Monday, May 23, 2011 - 7:43am | 149In a report released today, Oppenheimer commented on Esco Technologies (NYSE: ESE). In the report, Oppenheimer was positive in its assessment of the company. Oppenheimer writes, "We are initiating coverage of ESCO Technologies with an Outperform rating and a $46 price target, representing 30%...
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UPDATE: Jefferies Color on Donaldson Company PT Increase
Monday, May 23, 2011 - 7:31am | 99Jefferies, which raised its PT on shares of Donaldson Company, Inc. (NYSE: DCI), is providing some color on the stock. “Q3 EPS of $0.79 was $0.06 above consensus,” Jefferies writes. “With capacity utilization back to pre-recession levels, and raw materials escalating, incremental margins have...
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US Stock Futures Signal Lower Start On Wall Street
Monday, May 23, 2011 - 6:07am | 369US stock futures are lower this morning, as sovereign debt worries hit Europe. Futures on the Dow Jones Industrial Average dipped 124 points to 12,342.00 and futures on the S&P 500 stock index fell 13.50 points to 1,314.30. Nasdaq 100 futures dropped 24.25 points to 2,319.25. US stocks closed...
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Jefferies Raises PT On Donaldson To $71
Monday, May 23, 2011 - 6:07am | 26Jefferies & Company has raised the price target on Donaldson (NYSE: DCI) from $67 to $71 and maintains its Buy rating.
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Oppenheimer Initiates ESCO Technologies At Outperform, $46 PT
Monday, May 23, 2011 - 5:54am | 24Oppenheimer has initiated coverage on ESCO Technologies (NYSE: ESE) with an Outperform rating and $46 price target.
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6 Dividend Rockets Poised to Take Off
Monday, May 23, 2011 - 3:07am | 126By Andrew Hawkins, Guest Editor We took a look at some dividend rockets that are poised to see growth in the near future. These companies may not all fit the typical connotation of a “rocket”, but I feel that these companies have strong payout ratios and will experience growth soon. Eaton...
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American Express: The Best Stock in Warren Buffett's Portfolio
Monday, May 23, 2011 - 3:01am | 126By Andrew Hawkins, Guest Editor We took a look at some dividend rockets that are poised to see growth in the near future. These companies may not all fit the typical connotation of a “rocket”, but I feel that these companies have strong payout ratios and will experience growth soon. Eaton...
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Picking Apart Ivy Fund's Quasi-Emerging Markets Holdings
Monday, May 23, 2011 - 2:58am | 126By Andrew Hawkins, Guest Editor We took a look at some dividend rockets that are poised to see growth in the near future. These companies may not all fit the typical connotation of a “rocket”, but I feel that these companies have strong payout ratios and will experience growth soon. Eaton...