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Energy Recovery, Inc. Reports Fiscal Year-End and Fourth Quarter 2010 Unaudited Financial Results
Thursday, March 3, 2011 - 5:15pm | 143Energy Recovery, Inc. (Nasdaq: ERII), a leader in the design and development of energy recovery devices for desalination, announced today the unaudited results of its fourth quarter and fiscal year ended December 31, 2010. In the fourth quarter of 2010, ERI achieved net revenue of $13 million, a 17...
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Options Brief: Barnes Group Inc. (B)
Thursday, March 3, 2011 - 2:05pm | 75Shares of Barnes Group Inc. (NYSE: B) are higher on the session by 2.53%, trading at $21.50. Overall put volume is now running at 12.59x the daily average, with 57% of all puts traded being purchases on the offer. 1,171 contracts have traded on the session so far. Barnes Group Inc. is an...
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L.B. Foster Supplies 1,553 Tons of Rail for Iowa Interstate RR
Thursday, March 3, 2011 - 10:42am | 60L.B. Foster Company (Nasdaq: FSTR) of Pittsburgh, PA is supplying 1,553 tons of new rail to Iowa Interstate Railroad, LTD for new track installation and spur improvements. A specially-equipped L.B. Foster work train will deliver approximately 80,000 linear feet of 115# standard continuous welded...
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Deutsche Bank Reiterates Buy on Ingersoll-Rand (IR)
Thursday, March 3, 2011 - 9:30am | 101Deutsche Bank is out with its report today on Ingersoll-Rand (NYSE: IR), reiterating Buy after IR's Annual Investor Day. In a note to clients, Deutsche Bank states, "The message focused heavily on IR's ambitious path from under- performer to over-achiever, reiterating the 5% p.a. productivity goal...
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BB&T Upgrades WTS To Buy
Thursday, March 3, 2011 - 7:41am | 73Analysts at BB&T upgrade Watts Water Technologies Inc (NYSE: WTS) from “hold” to “buy.” The target price for WTS is set to $47. WTS shares fell 0.11% to close at $37.50 yesterday. <a href="http://www.benzinga.com/analyst-ratings">...
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Manitex International, Inc. Receives $13.5M in New Orders
Wednesday, March 2, 2011 - 12:02pm | 88Manitex International, Inc. (Nasdaq: MNTX) announced today that Manitex, Inc., its Georgetown, Texas-based boom truck subsidiary, has recently received orders totaling over $11.5 million. The Manitex, Inc. orders are placed for second and third quarter 2011 shipments throughout North America....
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Benzinga's Volume Movers (PEET, SLRC, RUSHA, MIDD)
Wednesday, March 2, 2011 - 11:15am | 155Peet's Coffee & Tea Inc (NASDAQ: PEET) shares moved up 7.32% to $46.01 at 10:15 am. The volume of PEET shares traded was 328% higher than normal. Analysts at Janney Capital upgraded PEET from “neutral” to “buy.” Solar Capital Ltd (NASDAQ: SLRC) shares rose 2.93% to $24.91. The volume of SLRC...
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Middleby Reports Q4 EPS of $1.13
Wednesday, March 2, 2011 - 8:55am | 55Middleby Corp (NASDAQ: MIDD) reported its Q4 EPS at $1.13, versus the consensus of $1.07. MIDD reported its Q4 revenue at $207.2 million, versus the consensus of $181.82 million. MIDD shares gained 0.10% to close at $89.76 yesterday. Read more from Benzinga's Company news.
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3-1-11 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Tuesday, March 1, 2011 - 11:37pm | 4261Matthew Craft and David K. Randall, AP Business Writers Stocks slide as jump in oil prices renews worries Stocks fall sharply with oil nearing $100; Bernanke says rising oil prices could hurt economy NEW YORK (AP) — Stocks suffered steep losses as oil prices surged on Tuesday, renewing worries...
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Nordson Corporation Board of Directors Declare 2-For-1 Stock Split
Tuesday, March 1, 2011 - 3:01pm | 64Nordson Corporation (Nasdaq: NDSN) announced today that its board of directors has declared a 2-for-1 stock split, in the form of a 100-percent stock dividend, effective April 12, 2011 for all shares outstanding at the close of business on March 25, 2011. As a result of the 2-for-1 stock split,...
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Illinois Tool Works Acquires SOPUS Products' Car Care Business
Tuesday, March 1, 2011 - 10:06am | 62Illinois Tool Works Inc. (NYSE: ITW) today announced that it has acquired SOPUS Products' Car Care business. SOPUS Products' Car Care business includes the appearance and performance chemical and windshield wiper blade brands of Pennzoil–Quaker State Company dba SOPUS Products, a subsidiary of...
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Top 4 Large-Cap Stocks In The Industrial Electrical Equipment Industry With The Highest Revenue (ABB, ETN, NJ, ROK)
Tuesday, March 1, 2011 - 3:58am | 127Below are the top large-cap industrial electrical equipment stocks on the NYSE and the NASDAQ in terms of revenue. The trailing-twelve-month revenue at ABB Ltd (NYSE: ABB) is $31.59 billion. ABB's ROE for the same period is 18.19%. The trailing-twelve-month revenue at Eaton Corporation (NYSE: ETN)...
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Puts Purchased on Dover Corporation (DOV)
Monday, February 28, 2011 - 11:54am | 146Shares of Dover Corporation (NYSE: DOV) are higher on the session by 0.73%, currently trading at $64.53. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A...
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Merger Arbitrage Mondays – February 28, 2011
Monday, February 28, 2011 - 11:11am | 4863Merger activity increased last week with six new deals announced and five deals closing. You can find all the deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal Statistics: Total Number of Deals Closed in 2011 29 Total Number of Deals Not...
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Oak Street Wealth Management's Market Commentary 2-28-11
Monday, February 28, 2011 - 10:40am | 1368Barron's - All eyes are on Saudi Arabia. If the House of Saud falls, oil prices are likely to increase and stock prices to fall in the U.S. and abroad. If the kingdom's rulers once more display great skill at assuaging the religious establishment, and thus the citizenry, oil prices will most likely...