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Credit Suisse Alters Company PTs, Initiates Coverage on Dangdang (DANG)
Friday, January 28, 2011 - 12:18pm | 341Credit Suisse is out with its U.S. company change alert this morning. In the report, Credit Suisse initiated coverage on E Commerce China Dangdang (NYSE: DANG) with a rating of Neutral and price target of $30.40. Credit Suisse changed the price target of Diana Shipping (NYSE: DSX) and Genco...
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Hudson Maintains Buy on Briggs & Stratton (BGG)
Friday, January 28, 2011 - 11:38am | 144Hudson is out with its report on Briggs & Stratton (NYSE: BGG), maintaining Buy and a $27 PT. In a note to clients, Hudson writes, "As we enter the big seasonal quarters of the fiscal year, Briggs & Stratton is in good shape from an inventory standpoint and sales are outpacing guidance of a...
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Jefferies Remains Unchanged On Danaher (DHR)
Friday, January 28, 2011 - 10:27am | 93Jefferies remained unchanged on its Danaher (NYSE: DHR) Buy rating and $54 price target in a research report published today. In the report, Jefferies states, "DHR's dramatic portfolio evolution has escalated its secular organic revenue growth and ROIC profiles while reducing the enterprise's...
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Earnings Preview: Illinois Tool - Analyst Blog
Friday, January 28, 2011 - 10:01am | 844Illinois Tool Works Inc. (ITW) is slated to release its fourth quarter and fiscal year 2010 results on Monday, January 31. The current Zacks Consensus Estimate for earnings per share (EPS) is 80 cents, representing an annualized growth of 29.60%. With respect to earnings surprises, over the...
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Earnings Preview: Illinois Tool - Analyst Blog
Friday, January 28, 2011 - 9:45am | 844Illinois Tool Works Inc. (ITW) is slated to release its fourth quarter and fiscal year 2010 results on Monday, January 31. The current Zacks Consensus Estimate for earnings per share (EPS) is 80 cents, representing an annualized growth of 29.60%. With respect to earnings surprises, over the...
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Dover Reports Q4 EPS of .94 vs. $.82
Friday, January 28, 2011 - 8:39am | 128Dover Corporation (NYSE: DOV) announced earlier today that for the fourth quarter ended December 31, 2010, revenue was $1.9 billion, an increase of 24% over the prior year period. The revenue increase was driven by organic growth of 23%, a 2% increase from acquisitions, and a 1% unfavorable impact...
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Columbus McKinnon Loss Widens To $39.6 Million (CMCO)
Friday, January 28, 2011 - 8:11am | 178Amherst, New York-based Columbus McKinnon Corporation (Nasdaq: CMCO) released financial results on Friday morning. Columbus McKinnon Corporation reported that its 3rd quarter net loss widened to $39.6 million, or $2.08 per share, compared with a net loss of $2.3 million, or 12 cents per share, a...
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RBS Introduces Mid Cap Trendpilot ETN
Friday, January 28, 2011 - 3:00am | 537The Royal Bank of Scotland, more commonly known as RBS, added a second product to its US lineup with the introduction of RBS US Mid Cap Trendpilot ETN (TRNM) on Thursday (1/27/11). RBS first entered the US ETN arena with a “timed” S&P 500 product back on December 8, 2010. The new RBS US Mid...
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Strong Markets Lift Eaton Corp. - Analyst Blog
Thursday, January 27, 2011 - 8:01pm | 925Eaton Corporation (ETN) reported fourth quarter and full-year 2010 results. Eaton's fourth quarter earnings per share grew 25% year over year, mainly upon a 13% end-market growth. Earnings per share, excluding acquisition-related integration charges, came in at $1.69 in the quarter, beating the...
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Strong Markets Lift Eaton Corp. - Analyst Blog
Thursday, January 27, 2011 - 7:21pm | 925Eaton Corporation (ETN) reported fourth quarter and full-year 2010 results. Eaton's fourth quarter earnings per share grew 25% year over year, mainly upon a 13% end-market growth. Earnings per share, excluding acquisition-related integration charges, came in at $1.69 in the quarter, beating the...
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1-27-11 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Thursday, January 27, 2011 - 6:35pm | 3978David K. Randall and Matthew Craft, AP Business Writers Stocks edge higher after mixed earnings reports Stock indexes rise slightly after large companies report earnings; S&P 500 nears 1,300 NEW YORK (AP) — A surprise jump in applications for unemployment benefits and mixed earnings from large...
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Parker Increases Quarterly Dividend by 10% to $.32
Thursday, January 27, 2011 - 6:01pm | 80Parker Hannifin Corporation (NYSE: PH) today announced that its Board of Directors increased the Company's regular quarterly cash dividend to 32 cents per share of common stock and declared a dividend payable March 4, 2011 to shareholders of record as of February 10, 2011. This represents a 10...
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Stanley Beats Estimate, Future Strong - Analyst Blog
Thursday, January 27, 2011 - 4:31pm | 942Stanley Black & Decker (SWK) reported its financial results for the fourth quarter of 2010 with earnings per share from continuing operations of $1.05, up roughly 16.7% from 90 cents in the comparable quarter of 2009. EPS also surpassed the Zacks Consensus Estimate of 92 cents. For full-...
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Stanley Beats Estimate, Future Strong - Analyst Blog
Thursday, January 27, 2011 - 4:09pm | 942Stanley Black & Decker (SWK) reported its financial results for the fourth quarter of 2010 with earnings per share from continuing operations of $1.05, up roughly 16.7% from 90 cents in the comparable quarter of 2009. EPS also surpassed the Zacks Consensus Estimate of 92 cents. For full-...
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L.B. Foster Awarded Rail Contract
Thursday, January 27, 2011 - 2:18pm | 102L.B. Foster Company (Nasdaq: FSTR) was awarded a contract by Cedar Rapids and Iowa City Railway (CRANDIC) to provide approximately 1,000 tons of 115# standard rail for the upgrade of aging track, and for the construction of a new 10,000-ft siding for a unit train interchange. An L.B. Foster weld...