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Harsco Receives Japan and North America Railway Equipment Orders Totaling $13 Million
Monday, August 22, 2011 - 11:39am | 89Worldwide industrial solutions company Harsco Corporation (NYSE: HSC) announced today new orders for railway track maintenance equipment totaling more than $13 million from customers in Japan and North America. The Japan order calls for Harsco's 20-stone rail grinder configuration, a self-...
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Barnes Group Receives Binding Offer from Berner to Acquire Its Barnes Distribution Europe Business
Monday, August 22, 2011 - 7:45am | 176Barnes Group Inc. (NYSE: B) today announced that it has received a binding offer from Berner SE to acquire its Barnes Distribution Europe business, comprised of the businesses that operate as Kent, BD France and Toolcom, subject to customary conditions and approvals. Berner SE is a leading direct...
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L.B. Foster Relocating Water System Tubular Products Facility
Friday, August 19, 2011 - 8:44am | 93L.B. Foster Company (NASDAQ: FSTR) of Pittsburgh, PA, is relocating its Threaded Products unit from Houston to a new manufacturing facility in Magnolia, Texas. This innovative plant will utilize advanced technology threading and conveyance equipment to increase production capacity and improve...
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Pre-Market Losers; Cincinnati Bell Down 13%
Friday, August 19, 2011 - 8:23am | 113Cincinnati Bell (NYSE: CBB) -13.18% Aeropostale (NYSE: ARO) -12.97% on disappointing same store sales data. Nordson Corporation (NASDAQ: NDSN) -10.39% on disappointing earnings and guidance. DexCom (NASDAQ: DXCM) -8.94% on heavy volume. Advantage Oil & Gas (NYSE: AAV) -8.93% on heavy...
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American Electric Tech's CEO Pierce Will Leave Post
Thursday, August 18, 2011 - 4:00pm | 36American Electric Technologies, Inc. (Nasdaq: AETI) today announced the departure of Frank Pierce, the company's Chief Financial Officer, who will be leaving the company to pursue other opportunities.
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Notable Call Options Activity in Danaher
Thursday, August 18, 2011 - 10:22am | 93Shares of Danaher (NYSE: DHR) are lower on the session by 4.95%, currently trading at $41.48. The stock has been moving largely lower over the past three months and is currently trading below the 50-day average. Options traders are focusing on calls today. A short while ago the September 2011 $47....
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FBR Capital Lowers PT On IRF To $31
Thursday, August 18, 2011 - 7:55am | 101FBR Capital, citing a weak quarter from the company, has lowered its price target on International Rectifier (NYSE: IRF) from $34 to $31. Says FBR Capital, in its report, “International Rectifier (IR) reported weak financial results and guidance as macro sluggishness and supply chain inventory...
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Met-Pro's Environmental Air Solutions Business Unit Receives Flex-Kleen Brand Equipment Order Totaling Approximately $500K
Thursday, August 18, 2011 - 7:50am | 65Raymond 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 approximately $500,000, to supply multiple Flex-Kleen® brand dust collectors to a Fortune 100...
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Earnings Scheduled For August 18
Thursday, August 18, 2011 - 3:17am | 594Dollar Tree Inc (NASDAQ: DLTR) is projected to report its Q2 EPS at $0.75 on revenue of $1.55 billion. Sears Holdings Corporation (NASDAQ: SHLD) is estimated to post a Q2 loss at $0.46 per share on revenue of $10.13 billion. Gap Inc (The) (NYSE: GPS) is projected to report its Q2 EPS at $0.33 on...
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KeyBanc Capital Initiates Blount International Coverage With Buy, $20 PT
Wednesday, August 17, 2011 - 12:57pm | 86KeyBanc Capital Markets initiated Blount International (NYSE: BLT) coverage with a Buy rating and $20 price target in a research report published today. In the report, KeyBanc Capital Markets states, "In our view, BLT possesses a well established market niche and maintains meaningful opportunities...
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Blount International Announces $185M Acquisition of Woods Equipment Company
Wednesday, August 17, 2011 - 7:33am | 145Blount International, Inc. (NYSE: BLT) today announced the execution of a definitive agreement to acquire GenWoods HoldCo, LLC and its wholly owned subsidiary, Woods Equipment Company. Woods is based in Oregon, Illinois, with approximately $160 million in sales for the twelve months ended July...
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Top 4 Small-Cap Stocks In The Textile Industrial Industry With The Highest Revenue
Wednesday, August 17, 2011 - 3:17am | 127Below are the top small-cap textile industrial stocks on the NYSE and the NASDAQ in terms of revenue. The trailing-twelve-month revenue at Interface Inc (NASDAQ: IFSIA) is $1.03 billion. IFSIA's PEG ratio is 0.98. The trailing-twelve-month revenue at Albany International Corporation (NYSE: AIN)...
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Standard & Poor's Announces Changes to S&P SmallCap 600 Index
Tuesday, August 16, 2011 - 5:29pm | 140S&P will make the following changes to the S&P SmallCap 600 Index: iRobot Corp. (NASDAQ: IRBT) will replace EMS Technologies Inc. (NASDAQ: ELMG) after the close of trading on Friday, August 19. S&P 500 constituent Honeywell International (NYSE: HON) is acquiring EMS Technologies in a...
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Nordson Corporation Increases Dividend by 19% to $0.125
Tuesday, August 16, 2011 - 7:35am | 56Nordson Corporation (Nasdaq: NDSN) today announced that its board of directors has approved an increase in the company's quarterly cash dividend to $0.125 per common share from $0.105, an increase of 19 percent. The dividend is payable on September 13, 2011 to shareholders of record as of the...
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Wuhan General Announces Extension of Form 10-Q Filing
Tuesday, August 16, 2011 - 7:03am | 55Wuhan General Group, Inc. (Nasdaq: WUHN) today announced that it will file Form 12b-25 with the Securities and Exchange Commission on August 16, 2011 to extend the filing of the Company's Form 10-Q for the three and six months ended June 30, 2011 for up to an additional five calendar days.