Industrial Electrical Equipment
(ETN) Eaton Corporation – Bull of the Day
Eaton Corp. (ETN), a diversified power management company and global leader in electrical components and systems, outperformed Zacks Consensus Estimates yet again, driven by 12% end-market growth. Eaton sees 2011 shaping up as the best year in its history. Following the better-than-expected...
26Aug2011 | vitalstocks | 0 comments | Continued(ABB) ABB Announces Equipment Orders
ABB Ltd. (ABB) received several orders for equipment from Samsung Heavy Industries, Hyundai Heavy Industries, Keppel FELS and Jurong Shipyard Pte Ltd., for a total value of $200 million. The company will be supplying 23 new Jack-Up and DP drilling vessels and one FPSO will be...
16Aug2011 | vitalstocks | 0 comments | Continued(BGC) Company News for August 3, 2011 – Corporate Summary
• Westlake Chemical Corporation (NYSE:WLK) posted Q2 EPS of $1.21, beating analysts’ estimates of $1.19 per share. Revenues rose 13% year-over-year to $925.0 million • Engineering company Foster Wheeler AG’s (NASDAQ:FWLT) shares rose 2.12% to close at $27.02...
3Aug2011 | vitalstocks | 0 comments | Continued(ABB) ABB Acquires Lorentzen & Wettre to Strengthen Business
ABB Ltd. (ABB) has entered into an agreement to acquire Lorentzen & Wettre from ASSA ABLOY AB (publ) for a price of about $119 million (SEK 750 million). The acquisition is directed to solidify the company’s pulp and paper business. Lorentzen & Wettre, based in the...
7Jul2011 | vitalstocks | 0 comments | Continued(ETN) Eaton Completes ATCOM Buy
Eaton Corporation (ETN) said it has successfully completed the acquisition of the previously announced ACTOM’s Low-Voltage Electrical Business in South Africa. Eaton expects the addition of ACTOM’s low-voltage business to help establish a prominent presence for itself in...
5Jul2011 | vitalstocks | 0 comments | Continued(RBC) Regal Beloit to Replace Credit Facility
Regal Beloit Corporation (RBC) recently completed its $500 million five-year unsecured revolving credit facility for general corporate purposes. This new facility will replace the previous credit facility of $500 million, which is due to expire in April 2012. Under the previous...
5Jul2011 | vitalstocks | 0 comments | Continued(ABB) ABB Modernizes German Steel Plants
ABB Ltd. (ABB) will work on the ThyssenKrupp Steel’s Duisburg-Bruckhausen steel plant at Germany. The company received three contracts from ThyssenKrupp Steel Europe to upgrade the 7-stand hot strip rolling mill no 1 of the steel plant. The conglomerate value of the contracts...
30Jun2011 | vitalstocks | 0 comments | Continued(ABB) Orders Flow for ABB Limited
ABB Ltd. (ABB) received a contract from the transmission system operator in Finland, called Fingrid, for expansion and upgrade of an existing 400/110 kV (kilovolt) substation. The contract is valued at $19 million and is a part of the project to solidify Finland’s main electrical...
29Jun2011 | vitalstocks | 0 comments | Continued(ENR) Energizer Holdings Beats The Street on Strong Top Line
Energizer Holdings Inc. (ENR) reported second quarter 2011 non-GAAP earnings (excluding charges) of $1.04 per share, comprehensively beating the Zacks Consensus estimate of 91 cents per share. The upside surprise was driven by better-than-expected top-line growth. Operating Performance Earnings...
3May2011 | vitalstocks | 0 comments | Continued(BGC) General Cable Corporation Beats Estimates
General Cable Corporation (BGC) reported first-quarter 2011 earnings per share of 70 cents, beating the Zacks Consensus Estimate of 52 cents. The earnings per share were above the prior-year loss per share of 15 cents. Excluding the impact of $0.09 per share of non-cash convertible...
3May2011 | vitalstocks | 0 comments | Continued(ETN) Eaton in “Smart Buildings Initiative”
Eaton Corporation (ETN) has been selected for the General Services Administration’s (GSA) Smart Buildings Initiative. Under the initiative, Eaton has been assigned the first project of modernizing the Edith Green-Wendell Wyatt Federal Building in Portland, Oregon. As part of...
13Apr2011 | vitalstocks | 0 comments | Continued(ENR) Energizer Holdings Miss The Street – Guides Future Lower
Energizer Holdings Inc. (ENR) reported first quarter 2011 non-GAAP earnings (excluding charges) of $1.68 per share, well below the Zacks Consensus of $1.92 per share, based on increased expenses, poor margins and lower profit from the battery business in the quarter. Earnings...
3Feb2011 | vitalstocks | 0 comments | Continued(ETN) Will the Market Bounce Last? – Five Stocks to Buy
Today’s strong bounce above Dow 11,000 is not a surprise when you consider the ingredients: Another country clean-up job in Europe Jobless Claims report under 450K (3 of the last 4 in that camp) Leading Economic Indicators at impressive levels for another month Philadelphia...
7Dec2010 | vitalstocks | 0 comments | Continued(ABB) Company News for November 30, 2010 – Corporate Summary
• Zurich-based ABB (NYSE:ABB) said it agreed to buy Baldor Electric (NYSE:BEZ) for $4.2 billion, or $63.50 per share • Google (NASDAQ:GOOG) is rumored to be in talks with online discounter Groupon, in a deal valued as much as $6 billion • Seagate Technologies (NASDAQ:STX)...
5Dec2010 | vitalstocks | 0 comments | Continued(ETN) Eaton & Best Buy Join Effort on Electric Vehicles
Diversified power management company Eaton Corporation (ETN) announced that it has teamed up with Best Buy Co. Inc. (BBY) to provide logistical facilities for electrical vehicles, to be launched by Mitsubishi Motors North America, Inc, with an aim to boost sales. The logistical...
25Nov2010 | vitalstocks | 0 comments | Continued(ENR) Energizer Holdings Wins Aquisition Bid for American Safety Razor
Energizer Holdings Inc. (ENR), a leading manufacturer and marketer of batteries, lighting and personal care products announced that it has won the bid to acquire substantially all the assets and certain liabilities of American Safety Razor Co. for $301 million in cash in a competitive...
12Oct2010 | vitalstocks | 0 comments | Continued(ENR) Energizer Holdings in Hostile Bid for American Safety Razor
According to a Bloomberg report, Energizer Holdings Inc. (ENR), a leading manufacturer and marketer of batteries, lighting and personal care products, plans to acquire American Safety Razor Co. for $301 million in cash in a competitive bidding process. Based in New Jersey, privately...
3Oct2010 | vitalstocks | 0 comments | Continued(AME) AMETEK Incorporated – Strong Second Quarter Results
AMETEK Inc (AME) reported a second quarter sales increase of 13% from the same period in 2009. The company also saw orders jump 33% in the quarter. AMETEK is a global manufacturer of electronic instruments and electro-mechanical devices. It is based in Pennsylvania and has a...
14Sep2010 | vitalstocks | 0 comments | Continued(ENR) Energizer Holdings – Bull of the Day
Energizer Holdings’ (ENR) third quarter 2010 earnings beat the Zacks Consensus Estimate by $0.39 per share or 41%, riding on higher sales, launch of new Schick Hydro, meaningful cost-saving initiatives, favorable foreign currency impact, higher battery sales and lower-than-expected...
22Aug2010 | vitalstocks | 0 comments | Continued(ETN) Fundamentals Behind Soaring Nickel Prices
If you lived through the Great Depression, you’d likely remember the song: “Brother, Can You Spare a Dime?” These days, commodity investors are singing a slightly different tune: “Brother, Can You Spare a Nickel.” And they’re singing it for very different reasons. You...
12May2010 | InvestmentU | 0 comments | Continued(ROK) Rockwell Automation Earnings Report Handily Beats Expectations
Rockwell Automation Inc. (ROK) reported earnings from continuing operations of 77 cents per share, exceeding the Zacks Consensus Estimate of 51 cents for the second quarter of FY10. FY 2010 second quarter revenue was $1,164.5 million, up 10% compared to $1,058.1 million in the...
29Apr2010 | vitalstocks | 0 comments | Continued(ETN) Eaton Corporation Surpasses Consensus Estimates
Electrical equipment maker Eaton Corp. (ETN) reported better-than-expected first-quarter 2010 results, helped by surging sales and cost cuts amid a rebounding global economy. Earnings per share, excluding the impact of acquisition integration charges and the non-cash tax charge...
20Apr2010 | vitalstocks | 0 comments | Continued(ETN) Eaton Corporation Wins Army and Air Force Contracts
Eaton Corporation (ETN) has received two major supply contracts this week from the Army Corps and the U.S. Air Force. Yesterday, the company won a $2.5 million contract from the Army Corps of Engineers to supply electrical products and services to upgrade the Hartwell Dam hydro-electrical...
19Apr2010 | vitalstocks | 0 comments | Continued(ETN) Eaton Corporation Announces Health Reforms Charge
Eaton Corporation (ETN) announced the addition of a $25 million charge to its first quarter results due to the recently passed health care legislation. The charge in the form of a one-time income tax expense relates to the retiree drug coverage subsidy. The new Health Care and...
1Apr2010 | vitalstocks | 0 comments | Continued(FSIN) Fushi Copperweld Incorporated – Earnings Surprised By 25.9% for the Fourth Quarter
Fushi Copperweld, Inc. (FSIN) saw sales rebound in the fourth quarter on China’s continuing growth. The stock is cheap, trading at just 9.3x forward earnings. Company Description Fushi Copperweld is a Chinese-based manufacturer of copper-cladded bi-metallic engineered conductor...
1Apr2010 | vitalstocks | 0 comments | Continued(ETN) Eaton Expanding Vehicle Operations in China
Eaton Corporation (ETN) announced that it will expand its vehicle operations in China by investing in a new engine valve production facility in Jining City, Shandong Province. The facility will be located in the campus of Eaton Hydraulics System (Jining) Co. Ltd., which produces...
30Mar2010 | vitalstocks | 0 comments | Continued(ENR) Energizer Holdings Analysts Upgrade Stock to Neutral
We are upgrading Energizer Holdings, Inc. (ENR) to Neutral from our previous Underperform rating indicating that it will continue to perform in line with the market. The target price of $66.00 is based on a P/E multiple of 12.5X our 2010 EPS estimate. Energizer Holdings’ first...
25Mar2010 | vitalstocks | 0 comments | Continued(ROK) Rockwell Automation – Bull of the Day
Rockwell Automation (ROK) has a strong global market presence. The company is focused on further expanding its global footprint in emerging markets, as it expects automation growth rates in the emerging markets to be 50% higher than growth rates in the developed countries. Emerging...
10Mar2010 | vitalstocks | 0 comments | Continued(LFUS) Littelfuse Incorporated – Reports Another Earnings Surprise
Littelfuse, Inc (LFUS) topped analysts expectations once again. This was the third consecutive earnings surprise and shares continue to climb. Company Description Littelfuse makes components a variety electrical components that are used in the auto, computer and other industries....
3Mar2010 | vitalstocks | 0 comments | Continued(LFUS) Littlefuse Incorporated – Earnings Estimates Trending Higher
Littlefuse, Inc. (LFUS) recently hit a new 52-week high on strong Q4 results from early February that sent the current and next-year estimates spiraling higher. Company Description Littlefuse, Inc. designs, manufactures and sells circuit protection devices for the automotive,...
17Feb2010 | vitalstocks | 0 comments | Continued