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Options Brief: Danaher
Tuesday, August 2, 2011 - 11:50am | 64Shares of Danaher (NYSE: DHR) are lower on the session by 2.37%, trading at $47.28. Overall put volume is now running at 4.53x the daily average, with 53% of all puts traded being purchases on the offer. 3,630 contracts have traded on the session so far. Danaher Corporation designs, manufactures...
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Calls Purchased on Pall
Tuesday, August 2, 2011 - 10:31am | 140Shares of Pall (NYSE: PLL) are lower on the session by 0.72%, currently trading at $48.58. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while ago the...
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JP Morgan Reiterates Overweight on Parker Hannifin
Tuesday, August 2, 2011 - 9:25am | 39JP Morgan reiterated its Overweight rating on Parker Hannifin (NYSE: PH). On Monday, PH closed the day at $77.46. Its shares lost 3.18% of their value in today's pre-market trading to stand around $75.
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Met-Pro Corporation's Environmental Air Solutions Business Unit Receives Equipment Order Totaling in Excess of $2.0 Million
Tuesday, August 2, 2011 - 9:11am | 133Raymond J. De Hont, Chairman and Chief Executive Officer of Met-Pro Corporation (NYSE: MPR), announced today that the Company's Environmental Air Solutions business unit has received an order, totaling more than $2.0 million, to supply six Duall brand air pollution control systems to a leading...
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ISI Group Downgrades Illinois Tool Works To Hold
Tuesday, August 2, 2011 - 8:05am | 19ISI Group has downgraded Illinois Tool Works (NYSE: ITW) to Hold.
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Piper Jaffray Initiates Coverage On Sun Hydraulics
Tuesday, August 2, 2011 - 7:46am | 140Piper Jaffray is out with a research report on Sun Hydraulics Corp. (NASDAQ: SNHY) and is initiating coverage on the name with a Neutral rating and a $33 price target on shares. In a note to clients, Piper Jaffray writes, "We are initiating coverage on Sun Hydraulics at Neutral with a $33 price...
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Piper Jaffray Initiates Sun Hydraulics At Neutral, $33 PT
Tuesday, August 2, 2011 - 6:21am | 25Piper Jaffray has initiated coverage on Sun Hydraulics (NASDAQ: SNHY) with a Neutral rating and $33 price target.
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Stocks to Watch for Tuesday 8/02/2011: Fresh 52-Week Highs and Lows
Tuesday, August 2, 2011 - 4:20am | 3164Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to...
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Top 4 Small-Cap Stocks In The Metal Fabrication Industry With The Highest EPS Estimates
Tuesday, August 2, 2011 - 4:03am | 150Below are the top small-cap metal fabrication stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next year. The earnings estimate for Mueller Industries Inc (NYSE: MLI) for the next year ending December, 2012 is $3.25 per share. MLI's PEG ratio is 1.11. Chart Industries Inc (...
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Mad Money Lightning Round: Cramer Likes eBay
Tuesday, August 2, 2011 - 3:17am | 170On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Hyperdynamics (NYSE: HDY) is a “very speculative stock.” He advises investors “not to buy above $5 a share.” Cramer said that Magnum Hunter Resources (NYSE: MHR) is “too risky right now.” He added, “I would rather go with...
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Fast Money Picks For August 2nd (TTM, LLL, TKR, NVDA)
Monday, August 1, 2011 - 8:47pm | 204On CNBC's Fast Money, Tim Seymour suggested that investors should sell Tata Motors Limited (ADR) (NYSE: TTM) on Tuesday. Tata Motors Limited (ADR) (TTM) gained 0.37% in the regular trading session, and it lost 1.44% in the after hours. Guy Adami thinks that the sell off in the defensive names is...
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Columbus McKinnon Appoints Greg Rustowicz as CFO
Monday, August 1, 2011 - 4:31pm | 70Columbus McKinnon Corporation (Nasdaq: CMCO) announced today that in order to advance its strategic initiative to grow through investments in new products, international markets and bolt-on acquisitions, it has appointed Karen L. Howard, currently Vice President-Finance and CFO, to Vice President,...
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UPDATE: Christopher L. Mapes Named COO at Lincoln Electric
Monday, August 1, 2011 - 4:18pm | 32Lincoln Electric Holdings, Inc. (Nasdaq: LECO) today announced that Christopher L. Mapes has been elected Chief Operating Officer of the Company, effective September 1st.
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UPDATE: Citi Lowers PT on ITT Corporation from $66 to $57
Monday, August 1, 2011 - 9:29am | 158Citi has published a report on ITT Corporation (NYSE: ITT) reviewing second quarter results and lowering the price target from $66 to $57. In the report, Citi wrote, "There were two primary hurdles for ITT this quarter and it cleared them both comfortably. It needed to deliver at least inline...
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EnPro Industries Acquires Tara Technologies, Creates Business Unit Dedicated to High Performance Products; Terms Undisclosed
Monday, August 1, 2011 - 9:01am | 51EnPro Industries, Inc. (NYSE: NPO) today announced it has acquired Tara Technologies Corporation, a privately-held company that offers highly engineered products and solutions to the semiconductor, aerospace, energy and medical markets. Terms of the transaction, which was completed for cash, were...