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Energy Recovery Downgraded to Hold at Ardour Capital
Friday, November 5, 2010 - 10:10am | 32Energy Recovery (NASDAQ: ERII) is downgraded from Accumulate to Hold at Ardour Capital. The analysts lowered their price target on Energy Recovery from $5 to $4.
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MKm Partners Initiate Coverage On Ingersoll Rand PLC
Friday, November 5, 2010 - 9:48am | 145MKM Partners has initiated coverage on Ingersoll Rand PLC (NYSE: IR) with a Buy rating and $48 PT. MKM believes consensus reflects the Street's skepticism regarding Ingersoll-Rand's Gap to Excellence program, which outlines a path to more than $6.00 of earnings power by 2013 via productivity...
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Met-Pro to Present at Maxim Group Growth Conference
Friday, November 5, 2010 - 9:07am | 135Met-Pro Corporation (NYSE: MPR) announced today that Raymond J. De Hont, Chairman and Chief Executive Officer, and Gary J. Morgan, Senior Vice President of Finance and Chief Financial Officer, will present at the Maxim Group Growth Conference in New York City on Thursday, November 18, 2010...
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MKM Partners Initiate Coverage On Pentair
Friday, November 5, 2010 - 8:58am | 148MKM Partneres Initiate coverage on Pentair (NYSE: PNR) with a Neutral rating and $37 PT. Cyclical recovery under way, but water super-cycle likely to build over time. MKM would not look for an expansion of the company's premium water/growth multiple or a step-function acceleration in organic...
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Estimates And PT For Energy Recovery Lowered
Friday, November 5, 2010 - 8:38am | 166Piper Jaffray has published a research report on Energy Recovery, Inc. (NASDAQ: ERII) after the company reduced its guidance once again, and thus Piper has lowered estimates. In the report, Piper Jaffray writes "We are lowering our estimates and price target following ERII's soft 3Q results and...
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Energy Recovery Falls 11.8% On Earnings Miss (ERII)
Thursday, November 4, 2010 - 6:52pm | 226Energy Recovery, Inc. (Nasdaq: ERII) announced after the market closed on Thursday that it missed consensus Wall Street estimates, which sent its share price plummeting. Energy Recovery, Inc reported a wider than expected 3rd quarter adjusted loss of 6 cents per share, on revenue of $6.92 million....
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Tecumseh Products Company Reports Third-Quarter EPS of $(0.17)
Thursday, November 4, 2010 - 4:50pm | 132Tecumseh Products Company (Nasdaq: TECUA) today reported for the quarter and nine months ended September 30, 2010, a net loss of $3.2 million, or $0.17 per diluted share and a net loss of $50.2 million, or $2.72 per diluted share, respectively. This compares with a net loss of $14.1 million, or $0...
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Energy Recovery, Inc. Reports Third Quarter 2010 Financial Results: Loss of $0.07 Per Share
Thursday, November 4, 2010 - 4:44pm | 117Energy Recovery, Inc. (Nasdaq: ERII), a leader in the design and development of energy recovery devices for desalination, announced today the results of its third quarter ended September 30, 2010. In the third quarter of 2010, ERI achieved net revenue of $6.9 million, a 27% decrease compared to the...
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CIRCOR International Beats Estimates, Hits 52-Week High (CIR)
Thursday, November 4, 2010 - 3:40pm | 224Shares of CIRCOR International, Inc. (NYSE: CIR) are currently up 11.1% at $39.07 per share during Thursday afternoon trading. Today's trading range for shares of CIRCOR International, Inc has been between $34.97 and a 52-week high of $39.09 per share. The consensus price target of analysts...
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11-4-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Thursday, November 4, 2010 - 1:14pm | 4620David K. Randall, AP Business Writer Stocks surge a day after Fed reveals stimulus plan Dow jumps 190 as retailers, energy shares post big gains; European shares up sharply NEW YORK (AP) — Stocks rose sharply Thursday, one day after the Federal Reserve announced a $600 billion plan to stimulate...
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Calls Purchased on Ingersoll-Rand (IR)
Thursday, November 4, 2010 - 12:31pm | 171Shares of Ingersoll-Rand plc (NYSE: IR) are higher on the session by 1.86%, currently trading at $40.35. The stock has been moving largely higher over the past three months and is currently trading above the 50-day and 200-day moving averages. IR is sitting at resistance; a break sharply higher or...
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NASDAQ Stocks Hitting 52-Week Highs (SSRX, AIMC, ACGL, ARUN)
Thursday, November 4, 2010 - 11:32am | 1443SBio Inc (NASDAQ: SSRX) shares gained 2.63% to create a new 52-week high of $16.02. SSRX is all set to release its Q3 unaudited financial results on November 15. Altra Holdings Inc (NASDAQ: AIMC) shares jumped 2.12% to touch a new 52-week high of $16.39. AIMC reported a 23% y/y rise in its Q3...
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CIRCOR International Announces Filing of S-3 to Sell up to $400M of Common Stock
Thursday, November 4, 2010 - 11:16am | 88CIRCOR International, Inc. (NYSE: CIR) today announced the filing of a universal shelf registration statement on Form S-3 with the Securities and Exchange Commission. If and when the shelf registration statement is declared effective, it will permit the Company from time to time, to offer and sell...
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Hardinge Inc. Announces Third Quarter EPS of $(0.11)
Thursday, November 4, 2010 - 9:06am | 232Hardinge Inc. (Nasdaq: HDNG) today announced results for its third quarter and nine months ended September 30, 2010. Performance Summary: Third quarter orders were $70.6 million, a 51% increase compared to third quarter 2009 Third quarter sales were $71.9 million, a 44% increase compared to...
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CIRCOR Reports Third-Quarter EPS of $.60
Thursday, November 4, 2010 - 8:44am | 119CIRCOR International, Inc. (NYSE: CIR) today announced financial results for the third quarter ended October 3, 2010. Revenues for the third quarter of 2010 were $177.6 million, a 23% increase from $144.3 million generated in the third quarter of 2009. CIRCOR reported net income for the third...