Industrial Electrical Equipment

(ETN) High Anxiety

When you see a bad deal in the stock market, there’s usually a way to take the other side of that trade and reap the rewards the other party gives up.

With the markets stumbling this year and fear running high, many investors are looking for a way to profit from the anxiety. After all, it’s...

2Mar2014 | | Comments Off on (ETN) High Anxiety | Continued

(ABB) ABB Limited – Long-Term Contract with China’s LNG Shipping

Recently, ABB Ltd. (ABB) entered into a long-term Preventive Service agreement with China LNG Shipping International Co. Ltd. As per the terms of the agreement, ABB will provide maintenance services to all ABB equipment that are on...

2Jul2013 | | Comments Off on (ABB) ABB Limited – Long-Term Contract with China’s LNG Shipping | Continued

(ENS) Generac Holdings Beats Earnings – Guides Higher

Engine powered products manufacturer, Generac Holdings Inc. (GNRC) posted impressive results for the first quarter of 2013. Generac’s adjusted earnings per share in the quarter were $1.21, increasing 26.0% year over year. Increased...

16May2013 | | Comments Off on (ENS) Generac Holdings Beats Earnings – Guides Higher | Continued

(RBC) Regal Beloit Misses on Earnings

Industrial equipment manufacturer Regal Beloit Corporation (RBC) reported first quarter 2013 net income of $50.7 million or $1.09 per share compared to $49.9 million or $1.16 per share in the year-ago quarter. The year-over-year decrease...

15May2013 | | Comments Off on (RBC) Regal Beloit Misses on Earnings | Continued

(ROK) Rockwell Automation Remains Neutral

On Mar 21, we maintained our Neutral recommendation on leading global provider of industrial automation power, control, and information solutions, Rockwell Automation Inc. (ROK), on the basis of expected benefits from expansion in...

25Mar2013 | | Comments Off on (ROK) Rockwell Automation Remains Neutral | Continued

(BDC) Belden – Value – Zacks Rank Buy

Belden Inc. (BDC) has delivered 7 straight positive earnings surprises with an average beat of almost 13.0%. Strong estimate revisions after impressive second quarter results helped this cable, connectivity and networking solutions...

21Aug2012 | | Comments Off on (BDC) Belden – Value – Zacks Rank Buy | Continued

(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...

26Aug2011 | | 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...

16Aug2011 | | 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)...

3Aug2011 | | 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...

7Jul2011 | | 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...

5Jul2011 | | 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...

5Jul2011 | | 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...

30Jun2011 | | 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...

29Jun2011 | | 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...

3May2011 | | 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...

3May2011 | | 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...

13Apr2011 | | 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...

3Feb2011 | | 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 | | 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) terminated...

5Dec2010 | | 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...

25Nov2010 | | 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...

12Oct2010 | | 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...

3Oct2010 | | 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...

14Sep2010 | | 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...

22Aug2010 | | 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...

29Apr2010 | | 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...

20Apr2010 | | 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...

19Apr2010 | | 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...

1Apr2010 | | 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...

1Apr2010 | | 0 comments | Continued