Industrial Machinery

Illinois Tool Works Inc. (NYSE: ITW) today announced that on February 4 the Federal Court of Australia issued a favorable decision regarding the Company's dispute with the Australian Taxation Office over income tax deductions in connection with an intercompany financing transaction. As a result,...

Badger Meter, Inc. (NYSE: BMI) today reported results for the fourth quarter and full year ended December 31, 2010. Both earnings and earnings per share from continuing operations set new annual records for the company. Net sales were $64,843,000 for the fourth quarter of 2010, a 14.9% increase...

CIRCOR International, Inc. (NYSE: CIR) today announced that the U.S. District Court for the District of Delaware has affirmed the U.S. Bankruptcy Court's confirmation of the amended pre-negotiated Chapter 11 reorganization plan filed by its wholly owned subsidiary, Leslie Controls, Inc. CIRCOR...

Merger Monday's like today are what propel the equity markets higher. The flurry of action we've seen today show that corporate deal making is alive and well, despite most of us having a hangover from our Super Bowl parties last night. Precisely at 12:01 a.m. this morning, AOL (NYSE: AOL)...

Emergent Group Inc (AMEX: LZR) climbed 39.11% to $8.43 at 10:00 am. LZR has agreed to be purchased by Universal Hospital Services Inc for $8.46 per share. Research Frontiers Incorporated (NASDAQ: REFR) jumped 27.53% to $9.31. REFR had $6.38 million in total cash and no debt for the recent quarter....

Shares of Southwest Airlines Co (NYSE: LUV) gained about 1.8% after the company reported 13.2% y/y rise in its total January traffic. LUV's total January capacity increased 7.5% y/y to 8.19 billion available seat miles. The company's load factor in January increased to 76% from 72.1% last year....

Goldman Sachs has published a research report on Danaher Corporation (NYSE: DHR) and has moved the company to Not Rated in response to recent news. In the report, Goldman Sachs writes "The Americas Investment Review Committee has determined that the ratings and price target for Danaher Corp. should...

Pre-open movers US stock futures are higher this morning. Futures for the Dow Jones Industrial Average gained 30 points to 12,075, while those for the S&P 500 index gained 3.4 points to 1,311. Futures for the Nasdaq Composite rose 5.25 points to 2,343. A Peek Into Global Markets Positive...

Jefferies & Company has raised the price target on Actuant (NYSE: ATU) from $32 to $35 and maintains its Buy rating.

Shares of St. Louis, Missouri-based ESCO Technologies Inc. (NYSE: ESE) are trading up 11.5% at $41.20 per share during the Friday afternoon trading session. The day's trading range for shares of ESCO Technologies Inc has been between $38.12 and a 52-week high of $43.15 per share. Analysts covering...

J.P. Morgan raised its ESCO Technologies (NYSE: ESE) price target to $44 from $3 and maintained its Neutral rating in a research report published today. In the report, J.P. Morgan states, "ESE reported solid F1Q results well ahead of expectations with strength in each operating segment. FY11...

JP Morgan has raised the price target on ESCO Technologies (NYSE: ESE) from $43 to $44 and maintains its Neutral rating.

ESCO Technologies Inc. (ESE) reported fiscal first quarter diluted earnings per share of 40 cents, crushing Zacks Consensus Estimate of 20 cents. The result was also up considerably from last year's 2 cents per share. Quarterly Performance Net sales of $159.9 million were way ahead of the...

ESCO Technologies Inc. (ESE) reported fiscal first quarter diluted earnings per share of 40 cents, crushing Zacks Consensus Estimate of 20 cents. The result was also up considerably from last year's 2 cents per share. Quarterly Performance Net sales of $159.9 million were way ahead of the...

Snap-on Inc. (SNA) reported earnings from continuing operations of 99 cents per share for the fourth quarter of 2010, exceeding the Zacks Consensus Estimate of 88 cents.  Revenues of $696.9 million increased 12.7%, from the corresponding prior-year period and was ahead of the Zacks Consensus...