Industrial Machinery

Jefferies, which initiated coverage of IDEX Corp. (NYSE: IEX), is providing some color on the stock. “IDEX has built a strong earnings track record by leveraging its leading market positions, consistently lowering costs and generating excess cash flow,” Jefferies writes. “Armed with multiple sales...

Piper Jaffray has raised the price target on Chart Industries (NASDAQ: GTLS) from $44 to $56 and maintains its Overweight rating.

Jefferies & Company has initiated coverage on IDEX Corporation (NYSE: IEX) with a Buy rating and $54 price target.

Below are the top small-cap diversified machinery stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next year. The earnings estimate for Middleby Corporation (NASDAQ: MIDD) for the next year ending December, 2011 is $4.51 per share. MIDD's trailing-twelve-month operating...

Watts Water Technologies, Inc. (NYSE: WTS) today announced results for the fourth quarter ended December 31, 2010. Net income per diluted share from continuing operations (EPS) for the fourth quarter of 2010 was $0.30. This represents an increase of 11% as compared to $0.27 of EPS reported in the...

JBT Corporation (NYSE: JBT) announced today that its JBT FoodTech business signed two contracts with Aujan Industries Co. for a total of euro 6.1 million (approximately U.S. $8 million). Aujan is the largest privately owned beverage and confectionery company in the Middle East. JBT FoodTech will...

Crescent Financial Corporation (NASDAQ: CRFN) jumped 89.40% to $4.11 at 9:55 am. Piedmont Community Bank Holdings announced its plans to invest $75 million in CRFN. Royale Energy Inc (NASDAQ: ROYL) shares advanced 37.96% to $4.93. ROYL received regulatory approval to initiate production on the...

Goldman Sachs is out with a research note this morning, where it suggests that traders buy calls on Eaton Corporation (NYSE: ETN) ahead of its analyst day. Goldman Sachs Multi-Industry analyst, Terry Darling, rates ETN as a Buy (on Conviction List) and sees 25% upside to his $132, 12-month price...

Flowserve's (NYSE: FLS) execution of its sales and margin strategies drove superlative earnings growth last cycle and protected earnings in the downturn, Jefferies reports. “With its end-markets improving, and well-conceived sales and margin growth strategies, we expect accelerating EPS growth in...

L.B. Foster Company (Nasdaq: FSTR) today reported that 2010 fourth quarter net income increased by 59.5% to $6.2 million or $0.60 per diluted share, compared to $3.9 million or $0.38 per diluted share in the fourth quarter of 2009. Included in the fourth quarter 2010 results was a $1.4 million...

Analysts at Roth Capital initiate coverage of Xerium Technologies Inc (NYSE: XRM) with a “buy” rating. The target price for XRM is set to $30. XRM shares fell 0.25% to close at $19.84 yesterday. More Analyst Ratings here

Kadant Inc. (NYSE: KAI) reported revenues from continuing operations of $73.3 million in the fourth quarter of 2010, an increase of $16.5 million, or 29 percent, compared with $56.8 million in the fourth quarter of 2009. Revenues for the fourth quarter of 2010 included a $1.1 million, or 2 percent...

Shares of Nordson (NASDAQ: NDSN) are skyrocketing in today's trading session, up 13.68% to $109.70 at the time of posting. Nordson announced record earnings yesterday after the bell, reporting operating profit for the quarter at $66 million, compared to $36 million in its first quarter last year.

Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) shares moved up 15.86% to $44.28 at 10:25 am. The volume of VRTX shares traded was 1323% higher than normal. VRTX reported that its potential cystic fibrosis drug has met study goals. Nordson Corporation (NASDAQ: NDSN) shares rose 14.40% to $110.40...

Nordson Corporation (NASDAQ: NDSN) shares reached $111.68 to create a new 52-week high, before falling to $111.57, representing a 15.62% gain. NDSN reported upbeat Q1 results. Rosetta Resources Inc (NASDAQ: ROSE) shares gained 2.80% to create a new 52-week high of $42.92. ROSE's trailing-twelve-...