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ITT to Purchase Business Operations Of EchoStorm Worldwide
Friday, December 3, 2010 - 10:06am | 110ITT Corporation (NYSE: ITT) today has announced its agreement to purchase the business operations of EchoStorm Worldwide. The privately held EchoStorm delivers innovative video and data management technology for military, government, and commercial applications. EchoStorm, founded in 2003,...
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A Peek Into The Market Before The Trading Starts
Friday, December 3, 2010 - 9:01am | 511Pre-open movers US stock futures are mixed, this morning as investors awaited nonfarm payrolls figures for November. Futures on the Dow Jones Industrial Average gained 6 points to 11,369 and S&P 500 futures fell 0.20 point to 1,223. Nasdaq 100 futures rose 2 points to 2,189. A Peek Into Global...
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Flow International Announces 2011 Second Quarter EPS of $(0.01)
Thursday, December 2, 2010 - 5:07pm | 82Flow International Corporation (Nasdaq: FLOW) today reported results for its fiscal 2011 second quarter ended October 31, 2010. For the second quarter of fiscal 2011, Flow reported consolidated revenues of $52.9 million, a 26% increase from $42.0 million in the prior-year period. Net loss in the...
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Kadant Receives $17.6 Million in Orders for Recycling Systems
Thursday, December 2, 2010 - 5:03pm | 82Kadant Inc. (NYSE: KAI) today announced that it has received orders totaling $17.6 million for eight stock-preparation systems from four containerboard producers in China since the beginning of the fourth quarter of 2010. Included in the total were $14.1 million of pending orders that were...
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Align Downgraded to Neutral - Analyst Blog
Thursday, December 2, 2010 - 3:00pm | 550Recently, we downgraded Align Technology (ALGN) to Neutral with a target price of $18.00. Align manufactures and markets the Invisalign system, a proprietary method for treating malocclusion or misalignment of teeth. The system corrects malocclusion using some nearly invisible and removable...
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Lincoln Electric Increases Dividend 10.7% to $.31
Thursday, December 2, 2010 - 2:48pm | 54The Board of Directors of Lincoln Electric Holdings, Inc. (Nasdaq: LECO) today raised the Company's quarterly dividend $0.03 per share, a 10.7% increase, from $0.28 per share to $0.31 per share, or $1.24 per share on an annual basis. The dividend is payable January 14, 2011, to holders of record...
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Met-Pro Misses Estimates (MPR)
Thursday, December 2, 2010 - 9:22am | 233Met-Pro Corporation (NYSE: MPR) announced on Thursday morning that it failed to meet consensus Wall Street estimates. Met-Pro Corporation reported that its 3rd quarter net income rose to $1.4 million, or 10 cents per share, up from $1.0 million, or 7 cents per share, a year earlier. The company's...
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Align Downgraded to Neutral - Analyst Blog
Thursday, December 2, 2010 - 9:21am | 550Recently, we downgraded Align Technology (ALGN) to Neutral with a target price of $18.00. Align manufactures and markets the Invisalign system, a proprietary method for treating malocclusion or misalignment of teeth. The system corrects malocclusion using some nearly invisible and removable...
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Met-Pro Corporation Announces Third Quarter EPS of $.10
Thursday, December 2, 2010 - 9:13am | 91Raymond J. De Hont, Chairman and Chief Executive Officer of Met-Pro Corporation (NYSE: MPR), today announced the Company's financial results for the third quarter ended October 31, 2010. Net sales for the third quarter ended October 31, 2010 were up 8% to $21.4 million compared with $19.8 million...
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Earnings Scheduled For December 2 (NOVL, PAY, PVH, KR, TOL, MOV, TD, AVGO, MPR, CASC, GIL, LQDT, LAVA)
Thursday, December 2, 2010 - 6:39am | 327Novell (NASDAQ: NOVL) is projected to post its FQ4 EPS at $0.07 on revenue of $204.08 million. Verifone Holdings Inc (NYSE: PAY) is estimated to report its FQ4 earnings at $0.36 per share on revenue of $262.69 million. Phillips-Van Heusen (NYSE: PVH) is forecast to report its profit at $1.43 per...
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Align to Resolve Warning Letter Issue - Analyst Blog
Wednesday, December 1, 2010 - 5:01pm | 525Align Technology (ALGN) received a warning letter from the US Food and Drug Administration (FDA) on November 18 requesting additional documentation over and above its response provided earlier related to the inspection of its corporate headquarters in California (between June and August). The FDA...
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Align to Resolve Warning Letter Issue - Analyst Blog
Wednesday, December 1, 2010 - 11:35am | 525Align Technology (ALGN) received a warning letter from the US Food and Drug Administration (FDA) on November 18 requesting additional documentation over and above its response provided earlier related to the inspection of its corporate headquarters in California (between June and August). The FDA...
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Illinois Tool Works To Host Annual Outlook Meeting On 12/3 In New York
Wednesday, December 1, 2010 - 10:24am | 192Deutsche Bank has published a research report on Illinois Tool Works, Inc. (NYSE: ITW) in anticipation of the company's Annual Outlook Meeting in New York this Friday, 12/3. In the report, Deutsche Bank writes "On Friday, ITW will host its Annual Meeting, where the highlight will be the initiation...
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Top 4 Small-Cap Stocks In The Industrial Equipments & Components Industry With The Highest Cash (WTS, CRDN, NPO, AFP)
Wednesday, December 1, 2010 - 6:13am | 152Below are the top small-cap industrial equipment & component stocks on the NYSE, the NASDAQ and the AMEX in terms of cash. Watts Water Technologies Inc (NYSE: WTS) had $296.30 million in total cash for the latest quarter. WTS' total debt stood at $378.90 million in the same period. Ceradyne Inc...
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RBC Bearings Incorporated Announces New $150 Million Credit Facility
Tuesday, November 30, 2010 - 5:01pm | 40RBC Bearings Incorporated (Nasdaq: ROLL) today announced the establishment of a new $150 million 5-year senior secured revolving credit facility. The new facility replaces the existing facility which would have expired in June 2011.