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CIRCOR Reports Preliminary Q4 GAAP EPS of $0.43 to $0.44
Thursday, February 17, 2011 - 9:06am | 137CIRCOR International, Inc. (NYSE: CIR) today announced preliminary financial results for the fourth quarter of 2010 in advance of its presentation at the Gabelli & Company 21st Annual Pump, Valve and Motor Symposium. The Company expects sales for the fourth quarter to be approximately $194...
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Jefferies Raises Donaldson PT To $67 (DCI)
Thursday, February 17, 2011 - 8:29am | 87Jefferies raised its Donaldson (NYSE: DCI) price target from $62 to $67 in a research report published today. In the report, Jefferies states, "As a market leader in providing filtration technology for the engine and industrial markets, Donaldson provides investors both a solid play on an...
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Jefferies Raises PT On Donaldson To $67
Thursday, February 17, 2011 - 8:15am | 26Jefferies & Company has raised the price target on Donaldson (NYSE: DCI) from $62 to $67 and maintains its Buy rating.
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Top 4 NASDAQ Stocks In The Industrial Metals & Minerals Industry With The Highest Operating Margin (ARLP, JRCC, GSM, BOOM)
Thursday, February 17, 2011 - 4:05am | 132Below are the top industrial metals & mineral stocks on the NASDAQ in terms of operating margin. The trailing-twelve-month operating margin at Alliance Resource Partners LP (NASDAQ: ARLP) is 21.85%. ARLP's ROE for the same period is 82.66%. The trailing-twelve-month operating margin at James...
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Data Points to Inflation 02-16-2011
Wednesday, February 16, 2011 - 7:42pm | 956Cusick's Corner Inflation. The market this morning seems to think that inflation may be coming faster than originally anticipated. This was reflected in the PPI numbers that came in shockingly high, mostly due to commodity inflation. This puts further constraints on the consumer and whether or not...
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Three ETFs For World's Water Shortage
Wednesday, February 16, 2011 - 12:09pm | 646Both macro and microeconomic forces suggest that the global water sector is destined to see exponential growth paving the path to opportunity for the PowerShares Water Resources (PHO), the PowerShares Global Water (PIO) and the Guggenheim S&P Global Water (CGW). From a macro perspective,...
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Baldwin CFO to Leave Company
Wednesday, February 16, 2011 - 10:30am | 55Baldwin Technology Company, Inc. (NYSE: BLD) announced that the Company and John P. Jordan, its Vice President, Chief Financial Officer and Treasurer, have mutually agreed that, effective today, Mr. Jordan's employment with the Company will terminate to allow Mr. Jordan to pursue other...
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Goldman Sachs Suggests Buying Calls on Eaton (ETN)
Wednesday, February 16, 2011 - 10:26am | 169Goldman Sachs is out with a research note this morning, where its analysts suggest that traders buy call 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 21% upside to his $132, 12-month...
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Piper Jaffray Overweight On Lincoln Electric Inc. (LECO)
Wednesday, February 16, 2011 - 9:52am | 128Piper Jaffray has an Overweight rating and a $74 price target on shares of Lincoln Electric Inc. (NASDAQ: LECO). In a note to clients, Piper Jaffray writes, "We expect Lincoln to post solid 4Q10 results, with opportunity for upside when they report on Friday. We see numerous positive catalysts...
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Citi Discusses Sanofi, Genzyme Deal (SNY, GENZ)
Wednesday, February 16, 2011 - 9:47am | 231Citi Investment Research is out with a research report on the Sanofi-Aventis (NYSE: SNY), Genzyme (NASDAQ: GENZ) deal. Sanofi purchased Genzyme at a value of $74 per share, with a contingent value right (CVR) to be as high as $14 per share. In the note, Citi writes, "Combined with an additional...
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EnPro Industries Reports Q4 EPS of $0.30 vs. $0.67
Wednesday, February 16, 2011 - 8:40am | 78EnPro Industries (NYSE: NPO) today reported net income of $6.3 million, or $0.30 a share, for the fourth quarter of 2010. This compares to a net loss of $38.6 million, or $1.93 a share, in the fourth quarter of 2009. Consolidated sales were $191.5 million in the fourth quarter of 2010, while GST...
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BofA/Merrill Upgrades CFX To Buy
Wednesday, February 16, 2011 - 7:52am | 50Analysts at BofA/Merrill upgrade Colfax Corporation (NYSE: CFX) from “neutral” to “buy.” The target price for CFX has been raised from $18 to $26. CFX shares gained 10.05% to close at $20.80 yesterday. More Analyst Ratings here
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US Stock Futures Up Ahead Of Producer Price Data, FOMC Minutes; Dell Reports Upbeat Earnings
Wednesday, February 16, 2011 - 7:30am | 458US stock futures are higher this morning, as Sanofi-Aventis SA (NYSE: SNY) agreed to purchase Genzyme Corp (NASDAQ: GENZ). Dell Inc (NASDAQ: DELL) reported upbeat quarterly earnings. Futures on the Dow Jones Industrial Average gained 30 points to 12,232.00 and S&P 500 futures rose 4.20 points...
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Stocks To Watch For February 16 (GENZ, SNY, ADI, NVDA, DELL, FDO)
Wednesday, February 16, 2011 - 3:54am | 336Some of the stocks that may grab investor focus today are: Wall Street expects Genzyme Corp (NASDAQ: GENZ) to report its Q4 EPS at $0.86 on revenue of $1.17 billion. Sanofi-Aventis SA (NYSE: SNY) has agreed to purchase GENZ for around $20.1 billion in cash. SNY will pay $74 per share in cash plus a...
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L.B. Foster Company Announces Facility Shutdown
Tuesday, February 15, 2011 - 5:46pm | 86L.B. Foster Company (Nasdaq: FSTR) announced today that CXT Inc.'s Grand Island manufacturing plant will be closed. According to Stan Hasselbusch, President and CEO, "The contract that we have with our key customer at this facility, the Union Pacific Railroad, expired on December 31, 2010. They...