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Parker Hannifin Reports Second Quarter EPS of $1.39
Thursday, January 20, 2011 - 8:33am | 151Parker Hannifin Corporation (NYSE: PH) today reported record results for the fiscal 2011 second quarter ending December 31, 2010. Fiscal 2011 second quarter sales were $2.9 billion, an increase of 21.7 percent from $2.4 billion in the same quarter a year ago. Net income was $231.8 million an...
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Market Roundup (WFC, USB, SPW, RDS.A)
Wednesday, January 19, 2011 - 1:35pm | 297Shares of Wells Fargo & Co (NYSE: WFC) fell about 1.42% after the company reported its Q4 profit of $0.61 per share, versus $0.08 per share, in the year-ago period. The bank's revenue dropped to $21.5 billion, from $22.7 billion, in the year-ago period. However, analysts were expecting earnings...
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Chevrolet to Offer Electric Vehicle Charging Stations to Chevrolet Dealerships
Wednesday, January 19, 2011 - 11:18am | 106Coulomb Technologies today announced that Chevrolet will offer Coulomb's ChargePoint electric vehicle charging stations for use at its US Chevrolet dealerships in support of the arrival of the award-winning Volt. SPX Corporation (NYSE: SPW), Chevrolet's home charging installation partner, will...
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SPX Sees 2011 EPS of $4.20 to $4.50
Wednesday, January 19, 2011 - 9:34am | 216SPX Corporation (NYSE: SPW), today announced its 2011 annual financial guidance. "We are encouraged going into 2011 and believe we are now in the early stages of recovery. For 2011 we expect organic growth in all four of our segments. We are targeting an EPS increase of approximately 24 percent...
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Avnet Gets Upgraded as Semiconductor Stocks in General Repopulate our High Quality List
Wednesday, January 19, 2011 - 12:34am | 1379Model Portfolio Daily Update: January 18, 2011 Subscribers log in for the full report: This content is for members only. New Actions Required: This content is for members only. Of Note: Avnet Inc. (AVT) was upgraded to Buy from Neutral with a $41 price target today by Longbow Research. This is...
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Embraer Sells in China - Analyst Blog
Monday, January 17, 2011 - 5:14pm | 356Empresa Brasileira de Aeronautica S.A., or Embraer (ERJ), the largest Brazilian aircraft manufacturer, sold ten EMBRAER 190s to CDB Leasing Co., Ltd. (CLC), of China. The delivery is expected in the second half of fiscal 2011. Recently, Embraer delivered the first Legacy 650 large executive jet...
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Embraer Sells in China - Analyst Blog
Monday, January 17, 2011 - 4:30pm | 356Empresa Brasileira de Aeronautica S.A., or Embraer (ERJ), the largest Brazilian aircraft manufacturer, sold ten EMBRAER 190s to CDB Leasing Co., Ltd. (CLC), of China. The delivery is expected in the second half of fiscal 2011. Recently, Embraer delivered the first Legacy 650 large executive jet...
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Pall Corporation - Growth & Income
Monday, January 17, 2011 - 3:01am | 708Pall Corporation (PLL) recently delivered its third consecutive positive earnings surprise on solid revenue growth and an expanding gross margin. Management also raised its guidance following the strong quarter, prompting analysts to revise their estimates higher. This sent the stock to a Zacks #1...
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Watts Water Technologies, Inc. - Momentum
Monday, January 17, 2011 - 3:01am | 797Watts Water Technologies, Inc. (WTS) just hit a fresh multi-year high at $37.79 after jumping higher with the market in December. With four consecutive earnings surprises and a bullish growth projection, this Zacks #1 rank stock has the right flow for momentum. Our last update on Watts came in...
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Watts Water Technologies, Inc. - Momentum
Monday, January 17, 2011 - 1:00am | 797Watts Water Technologies, Inc. (WTS) just hit a fresh multi-year high at $37.79 after jumping higher with the market in December. With four consecutive earnings surprises and a bullish growth projection, this Zacks #1 rank stock has the right flow for momentum. Our last update on Watts came in...
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Pall Corporation - Growth & Income
Monday, January 17, 2011 - 1:00am | 708Pall Corporation (PLL) recently delivered its third consecutive positive earnings surprise on solid revenue growth and an expanding gross margin. Management also raised its guidance following the strong quarter, prompting analysts to revise their estimates higher. This sent the stock to a Zacks #1...
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1-14-11 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Friday, January 14, 2011 - 1:13pm | 4410Matthew Craft, AP Business Writer Banks lead stocks higher, led by JPMorgan Chase Stocks rise in midday trading after JPMorgan reports quarterly earnings rose 47 percent NEW YORK (AP) — JPMorgan Chase & Co. and other banks are leading stocks slightly higher in midday trading. JPMorgan's income...
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Genzyme Cuts 2011 Outlook - Analyst Blog
Friday, January 14, 2011 - 12:01pm | 882Genzyme Corp. (GENZ) recently provided a preliminary look at its results for the fourth quarter and full year ended December 31, 2010. While fourth quarter revenues increased 23% to $1.15 billion, full year revenues increased 2% to $3.97 billion. Both fourth quarter and full year revenues missed...
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Genzyme Cuts 2011 Outlook - Analyst Blog
Friday, January 14, 2011 - 11:30am | 882Genzyme Corp. (GENZ) recently provided a preliminary look at its results for the fourth quarter and full year ended December 31, 2010. While fourth quarter revenues increased 23% to $1.15 billion, full year revenues increased 2% to $3.97 billion. Both fourth quarter and full year revenues missed...
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Citigroup Remains Unfavorable On SPX's Late-Cycle Exposures
Friday, January 14, 2011 - 9:57am | 200Citigroup has published a research report on SPX Corporation (NYSE: SPW) in anticipation of the company's annual Outlook meeting, which outlined such hot buttons as competition from China and Power Gen Cycles affecting 2011 guidance. In the report, Citigroup writes "The annual Outlook meeting for...