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Gorman-Rupp Company Declares Dividend of $.105
Thursday, January 27, 2011 - 2:13pm | 67The Board of Directors of The Gorman-Rupp Company (NYSE: GRC) declared a quarterly cash dividend of 10.5 cents per share on the common stock of the Company, payable March 10, 2011, to shareholders of record February 15, 2011. This marks the 244th consecutive dividend paid by The Gorman-Rupp...
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Options Brief: SPX Corporation (SPW)
Thursday, January 27, 2011 - 1:46pm | 79Shares of SPX Corporation (NYSE: SPW) are higher on the session by 0.44%, trading at $77.63. Overall put volume is now running at 3.15x the daily average, with 78% of all puts traded being purchases on the offer. 1,201 contracts have traded on the session so far. SPX Corporation is a global multi-...
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Deutsche Bank Comments on Danaher's Q410 Results (DHR)
Thursday, January 27, 2011 - 11:27am | 121Deutsche Bank is out with its report on Danaher (NYSE: DHR), commenting on Q410 results. In a note to clients, Deutsche Bank writes, "Core revenue growth was very strong with revenues exceeding our estimates by 2% at $3.61bn. Core revenues grew 13%, ahead of our 10% forecast driven by T&M (24%...
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Danaher Corp. Matches Estimates - Analyst Blog
Thursday, January 27, 2011 - 10:31am | 418Danaher Corporation (DHR) reported fourth quarter 2010 earnings from continuing operations of 66 cents per share, excluding one-time income tax gains. This matches the Zacks Consensus Estimate. Revenues for the quarter were $3.6 billion, 15% higher than the $3.1 billion reported for the...
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Danaher Corp. Matches Estimates - Analyst Blog
Thursday, January 27, 2011 - 10:00am | 418Danaher Corporation (DHR) reported fourth quarter 2010 earnings from continuing operations of 66 cents per share, excluding one-time income tax gains. This matches the Zacks Consensus Estimate. Revenues for the quarter were $3.6 billion, 15% higher than the $3.1 billion reported for the...
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Briggs & Stratton Beats Estimates (BGG)
Thursday, January 27, 2011 - 8:58am | 148Wauwatosa, Wisconsin-based Briggs & Stratton Corporation (NYSE: BGG) on Thursday morning released financial results that beat Wall Street expectations. Briggs & Stratton Corporation reported a 2nd quarter net loss of $1.3 million, or 3 cents per share, compared to net income of $3.0 million...
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Timken Reports Q4 EPS of $.87 vs. $.71
Thursday, January 27, 2011 - 8:42am | 136The Timken Company (NYSE: TKR) today reported sales of $4.1 billion for 2010, an increase of 29 percent from the prior year. Light-vehicle demand provided an early boost in sales and remained strong throughout the year. For the quarter ended Dec. 31, 2010, Timken reported sales of $1.1 billion, an...
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Briggs & Stratton Corporation Reports Q2 EPS of $(0.03) vs. $.02
Thursday, January 27, 2011 - 8:37am | 112Briggs & Stratton Corporation (NYSE: BGG) today announced financial results for its second fiscal quarter and first six months ended December 26, 2010. Second quarter fiscal 2011 consolidated net sales of $450.3 million increased $57.3 million or 14.6% from the second quarter of fiscal 2010....
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US Stock Futures Flat As Investors Await Earnings Reports, Economic Data
Thursday, January 27, 2011 - 7:58am | 484US stock futures are trading flat this morning, as investors are awaiting earnings reports from many companies and economic data on weekly jobless claims. Futures for the Dow Jones Industrial Average gained 15 points to 11,951, while those for the S&P 500 fell 2.10 points to 1,291.50. Futures...
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Danaher Reports Q4 EPS of $0.67
Thursday, January 27, 2011 - 7:10am | 56Danaher Corp (NYSE: DHR) reports its Q4 adjusted EPS at $0.67, versus the consensus of $0.66. DHR reports its Q4 revenue at $3.61 billion, versus the estimates of $3.49 billion. DHR shares rose 0.21% to $47.40 in after-hours trading. Read more from Benzinga's Company news.
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Robbins & Myers, Inc. - Momentum
Thursday, January 27, 2011 - 3:00am | 527Robbins & Myers, Inc. (RBN) recently spiked to a new 52-week high after reporting strong Q3 results in early January that included a 33% earnings surprise. With an average earnings surprise of 39% over the last three quarters and bullish growth projection, this Zacks # 1 rank stock has some...
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Robbins & Myers, Inc. - Momentum
Thursday, January 27, 2011 - 1:00am | 527Robbins & Myers, Inc. (RBN) recently spiked to a new 52-week high after reporting strong Q3 results in early January that included a 33% earnings surprise. With an average earnings surprise of 39% over the last three quarters and bullish growth projection, this Zacks # 1 rank stock has some...
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How Might Boeing's Weak Guidance Affect Others? (BA)
Wednesday, January 26, 2011 - 6:14pm | 347What's that in the sky? Is it a bird? Is it a plane? It could very well be a plane, but not Boeing's (NYSE: BA) 787 Dreamliner. Boeing has provided its 2011 earnings outlook, and it is a bleaker sight than analysts expected. According to the New York Times, Boeing said that 2011 earnings would be...
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Watts Water Technologies CEO Resigns
Wednesday, January 26, 2011 - 5:42pm | 84Watts Water Technologies, Inc. (NYSE: WTS) today announced that Patrick S. O'Keefe has resigned from his positions as President, Chief Executive Officer and Director of the Company for health reasons and that the Board of Directors has named David J. Coghlan, currently the Company's Chief Operating...
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Calls Purchased on The Timken Company (TKR)
Wednesday, January 26, 2011 - 3:36pm | 135Shares of The Timken Company (NYSE: TKR) are higher on the session by 1.23%, currently trading at $51.66. 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 calls on the name today. A...