Diversified Machinery
(ITT) ITT Wins US Army Night Vision Goggle Contract
ITT Corporation (ITT) has received a contract to supply its AN/AVS-6(V) 3 aviator night vision goggle and spare image intensifier tubes to the US Army. The contract has been awarded by the U.S. Army Research,...
(CMI) Cummins Incorporated – Bull of the Day
Cummins (CMI) is set to benefit from fuel economy improvements, new emission standards and increased prices. Liquidity is also improving.
The company reported strong results in the most recent quarter,...
(ITT) ITT Wins $260 Million U.S. Army Research Contract
ITT Corporation (ITT) received contract of about $260 million for the enhanced night vision goggle (ENVG) system from the U.S. Army Research, Development & Engineering...
(ITW) Illinois Tool Works Revenue Update – Guidance Intact
Illinois Tool Works Inc. (ITW) reported a 16% year-over-year rise in operating revenues for the three months ended July 31, 2010. The increase includes a 13% growth attributable to a hike in base revenue and...
(ITW) Illinois Tool Works Hikes Dividend Rate
Illinois Tool Works Inc.’s (ITW) Board of Directors approved a 10.0% hike in the company’s quarterly dividend rate. The revised quarterly rate now stands at 34 cents per common share...
(FLS) Flowserve Second Quarter 2010 Earnings Ahead of Consensus
Flowserve Corp. (FLS) reported second quarter 2010 earnings per share from continuing operations of $1.72, exceeding the Zacks Consensus Estimate of $1.65. Earnings per share, excluding realignment charges...
(ITT) ITT Beats Earnings Expectations on Lower Revenue
ITT Corporation’s (ITT) second quarter 2010 earnings results, released before the opening bell today, beat the Zacks Consensus Estimate on the bottomline. The company reported earnings per share from continuing...
(DOV) Dover Corporation Beats Expectations on Higher Revenues
Dover Corporation (DOV) reported second-quarter 2010 earnings from continuing operations of 91 cents per share, beating the Zacks Consensus Estimate of 78 cents by 13 cents. Results were ahead of the prior-year...
(CMI) Cummins’ First Quarter 2010 Earnings Scorecard
Cummins Inc. (CMI) reported its first quarter earnings for 2010 on April 27, 2010, outperforming the Zacks Consensus Estimate by an impressive margin of 17 cents per share. The market reacted favorably, with...
(CMI) Cummins Incorporated – Bull of the Day
Cummins, Inc. (CMI) is set to benefit from fuel economy improvements, new emission standards and increased prices. Liquidity is also improving. However, a slump in key markets Incorporatedluding the U.S.,...
(ITW) Illinois Tool Works Turns to Profit – Beats Expectations
Illinois Tool Works Inc. (ITW) reported encouraging results for the first quarter of fiscal 2010. EPS was 58 cents, compared to a loss of 2 cents during the first quarter of fiscal 2009. EPS was slightly above...
(ITW) Illinois Tool Works Reduces Earnings Guidance
Illinois Tool Works Inc. (ITW) receives Medicare prescription drug subsidies for retiree prescription drug coverage. However, based on the Patient Protection and Affordable Health Care program, those subsidies...
(PLL) Pall Corporation Wins Order From the National Renewable Energy Laboratory
Pall Corporation (PLL) has been awarded an order by the National Renewable Energy Laboratory (“NREL”) to develop critical filtration and separation processes for a U.S. Department of Energy advanced...
(ATU) Actuant Corporation’s Second Quarter Beats Expectations
Actuant Corp. (ATU) recently posted fiscal 2010 second-quarter net income of $7.2 million, compared to $3.2 million in the year-ago period. Excluding special items, adjusted earnings per share came in at 19...
(PLL) Pall Wins National Renewable Energy Laboratory Order
Pall Corporation (PLL) has been awarded an order by the National Renewable Energy Laboratory (“NREL”) to develop critical filtration and separation processes for a U.S. Department of Energy advanced...
(ITT) ITT Corporation Wins U.S. Army Deal
ITT Corp. (ITT) has been awarded a contract by the U.S. Army Contracting Command to provide supplies, food service, transportation, public works, community service, medical, safety, environmental, fire, and...
(NDSN) Nordson – Earnings Estimates Climbing Higher
Nordson (NDSN) easily topped first-quarter estimates and management guided higher for the second quarter.
Company Description
Nordson is one of the world’s leading producers...
(ITW) Illinois Tool Works Offers Bright Operating Outlook
Recently, Illinois Tool Works Inc. (ITW) reported a year-on-year increase of 10% in total operating revenue for the three months ended Feb 28, 2010.
Base revenues contributed 2% to revenue growth, and...
(FLS) Flowserve Corporation Wins $15 Million Order
Flowserve Corp. (FLS) received an order worth more than $15 million from State Nuclear Power Engineering Company Ltd. (SNPEC) in China for ASME Section III safety-related globe and gate valves and Flowserve...
(CMI) Cummins Future Projections are Optimistic
At a meeting at the New York Stock Exchange, Cummins Inc. (CMI) has revealed that it expects to top its 2008 sales record of $14 billion during 2012. For 2014, the Indiana-based manufacturer and distributor...
(ITT) ITT Corporation Earns U.S. Military Order
ITT Corporation (ITT) has been awarded a contract to provide maintenance, supply and transportation services to the U.S. Army and U.S. Marine Corps on Camp Arifjan and other locations in Southwest Asia. The...
(FLS) Flowserve Corporation’s Earnings Report Ahead of Estimates
Flowserve Corp. (FLS) reported fourth-quarter earnings per share from continuing operations of $2.41, exceeding the Zacks Consensus Estimate of $1.87.
Earnings per share, excluding realignment charges,...
(ITW) Illinois Tool Works Sees Revenue Growth
Illinois Tool Works Inc. (ITW) reported operating revenue for the three months ended January 31, 2010. During the quarter, total operating revenue increased 5% year over year. The growth in revenue was due...
(ITT) ITT Corporation Report Tops Estimates
ITT Corporation (ITT) reported fourth quarter 2009 earnings from continuing operations of 97 cents per share, exceeding the Zacks Consensus Estimate of 93 cents. The company reported revenue of $2.9 billion...
(CMI) Cummins Incorporated Reports Solid Quarter
Cummins Inc. (CMI) has posted a profit of $270 million or $1.36 per share in the fourth quarter of 2009 compared to $43 million or 22 cents a share a year ago. This was the company’s most profitable fourth...
(DOV) Dover Corporation Sees End-market Recovery
Dover Corporation (DOV) reported fourth quarter earnings of 55 cents per share, beating the Zacks Consensus Estimate of 48 cents. However, third quarter EPS was down 39.6% year-over-year.
Quarterly...
(ITW) Illinois Tool Works Analyst Coverage Initiated at Neutral
Illinois Tool Works Inc. (ITW), a manufacturer of a diversified range of industrial products and equipment, was recently initiated as “Neutral.”
Illinois has grown through its ability to develop...
(PLL) Pall Corporation Acquires MicroReactor Technologies
Pall Corporation (PLL) has announced the acquisition of MicroReactor Technologies Inc. (MRT), a privately held U.S. biotechnology company....
(BGG) Briggs & Stratton’s Report Offers No Surprises
Briggs & Stratton Corporation (BGG) reported fiscal second quarter earnings of 6 cents per share, which is in-line with the Zacks Consensus Estimate. Quarterly earnings were flat compared to last year...
(DOV) Dover Unit Acquires FLIR Systems’ Arm
A subsidiary of industrial products company Dover Corp. (DOV) purchased the data systems division of a FLIR Systems Inc. (FLIR) subsidiary....