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TriMas Corporation Reports Q4 EPS of $0.11 vs. $0.14
Monday, February 28, 2011 - 9:05am | 88TriMas Corporation (Nasdaq: TRS) today announced financial results for the quarter and full year ended December 31, 2010. For the quarter, the Company reported net sales from continuing operations of $222.7 million, an increase of 16.5% compared to fourth quarter 2009. Fourth quarter 2010 income...
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Kaydon Corporation Reports Q4 EPS of $0.37 vs. $0.36
Friday, February 25, 2011 - 9:33am | 113Kaydon Corporation (NYSE: KDN) today announced its results for the fourth fiscal quarter and full year ended December 31, 2010. Sales in the fourth fiscal quarter of 2010 were $105.0 million, compared to sales of $108.9 million in the fourth quarter of 2009. Net income for the fourth quarter of...
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Kaydon Corporation to Acquire HAHN-Gasfedern GmbH
Friday, February 25, 2011 - 9:32am | 71Kaydon Corporation (NYSE: KDN) today announced that it has entered into a definitive agreement to purchase all of the outstanding shares of HAHN-Gasfedern GmbH and related real estate and intangible property from Ulrich Hahn e.K. The acquisition is expected to close in the second quarter of 2011...
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UPDATE: Jefferies Color On IEX Initiation
Friday, February 25, 2011 - 9:14am | 85Jefferies, 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...
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Piper Jaffray Raises PT On Chart Industries To $56
Friday, February 25, 2011 - 8:42am | 27Piper Jaffray has raised the price target on Chart Industries (NASDAQ: GTLS) from $44 to $56 and maintains its Overweight rating.
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Jefferies Initiates IDEX At Buy, $54 PT
Friday, February 25, 2011 - 8:36am | 25Jefferies & Company has initiated coverage on IDEX Corporation (NYSE: IEX) with a Buy rating and $54 price target.
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Top 4 Small-Cap Stocks In The Diversified Machinery Industry With The Highest EPS Estimates (MIDD, MKSI, TWIN, GLPW)
Friday, February 25, 2011 - 5:21am | 151Below 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...
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Watts Water Technologies Reports Q4 EPS of $0.40 vs. $0.47
Thursday, February 24, 2011 - 5:18pm | 92Watts 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...
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JBT Corporation Announces $8M Award of New Juice Processing Project in Dubai
Thursday, February 24, 2011 - 12:06pm | 107JBT 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...
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Morning Market Movers (CRFN, ROYL, TORM, KAI)
Thursday, February 24, 2011 - 10:57am | 123Crescent 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...
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Goldman Sachs Suggest Buying Calls on Eaton (ETN)
Thursday, February 24, 2011 - 10:11am | 168Goldman 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...
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Jefferies Expects Accelerating EPS Growth From FLS
Thursday, February 24, 2011 - 9:59am | 57Flowserve'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...
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L.B. Foster Reports Q4 EPS of $0.60 vs. $0.60
Thursday, February 24, 2011 - 8:56am | 80L.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...
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Roth Capital Opens XRM With Buy
Thursday, February 24, 2011 - 8:06am | 51Analysts 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
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Enter Today's Date into Your Trading Diary 02-23-2011
Wednesday, February 23, 2011 - 8:00pm | 897Cusick's Corner What a day -- the market at the Midday did test the 1300 level in the Futures & Cash (ESH11 & SPX) but then bounced. Holding the lower channel into the After Hours of this 3 month rally was important, it has not shifted the short-term trade of short risk assets and long...