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	<title>Stock Blog Hub &#187; Astec Industries Inc.</title>
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		<title>(XLI) Stock Market News for September 14, 2011 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2011/09/14/xli-stock-market-news-for-september-14-2011-market-news/83160</link>
		<comments>http://www.stockbloghub.com/2011/09/14/xli-stock-market-news-for-september-14-2011-market-news/83160#comments</comments>
		<pubDate>Wed, 14 Sep 2011 16:32:32 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[AAPL]]></category>
		<category><![CDATA[Apple Inc.]]></category>
		<category><![CDATA[ASTE]]></category>
		<category><![CDATA[Astec Industries Inc.]]></category>
		<category><![CDATA[CAT]]></category>
		<category><![CDATA[Caterpillar Inc.]]></category>
		<category><![CDATA[Cisco Systems]]></category>
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		<description><![CDATA[Markets registered their first back-to-back gains this month, as industrial and material stocks helped push the benchmarks higher. The trading session was significantly calm compared to the high levels of volatility that the markets endured since early last month. For the first time since July 26, the Dow traded in a narrow range of a little over 150 points. Hopes about European leaders taking steps to resolve the Greek debt crisis also helped the markets’ uptrend. The Dow Jones Industrial Average (DJIA) gained 0.4% and finished the day at 11,105.85. The Standard &#38; Poor 500 (S&#38;P 500) was up 0.9% and settled at 1,172.87. The Nasdaq Composite Index closed at 2,532.15, after gaining 1.5%. The fear-gauge CBOE Volatility Index hovered around 38, reflecting lingering fears among investors. Consolidated volumes on ]]></description>
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		<title>(ASTE) Astec Industries &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2009/12/01/aste-astec-industries-bear-of-the-day/21598</link>
		<comments>http://www.stockbloghub.com/2009/12/01/aste-astec-industries-bear-of-the-day/21598#comments</comments>
		<pubDate>Wed, 02 Dec 2009 01:07:19 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Farm & Construction Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[ASTE]]></category>
		<category><![CDATA[Astec Industries Inc.]]></category>

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		<description><![CDATA[Astec Industries (ASTE) reported third-quarter EPS of $0.15, which is well below the Zacks Consensus Estimate of $0.32. Except for the Mobile Asphalt Paving group that is benefiting from the stimulus packages, sales were down in all other Astec segments. Uncertainty surrounding the Highway Bill renewal is currently a major concern for the company. With no progress on the reauthorization of the bill, Astec&#8217;s customers are staying away from investing in capital equipment. Given continued weakness in most of its end-markets and uncertainty surrounding the Highway Bill, we do not expect to see a major improvement in Astec&#8217;s numbers until 2011. We are downgrading the stock from Neutral to Underperform. Zacks Investment Research]]></description>
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		<title>(ASTE) Astec Industries Earns Downgrade</title>
		<link>http://www.stockbloghub.com/2009/11/30/aste-astec-industries-earns-downgrade/21547</link>
		<comments>http://www.stockbloghub.com/2009/11/30/aste-astec-industries-earns-downgrade/21547#comments</comments>
		<pubDate>Tue, 01 Dec 2009 00:51:19 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Farm & Construction Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[ASTE]]></category>
		<category><![CDATA[Astec Industries Inc.]]></category>

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		<description><![CDATA[Astec Industries (ASTE) is a leading manufacturer and marketer of road building equipment. The company sells equipment used in each phase of road building, from quarrying and crushing the aggregate to applying the asphalt. Uncertainty surrounding the Highway Bill renewal is currently a major concern for the company. A large number of Astec’s customers depend substantially on government funding of highway construction and maintenance and other infrastructure projects. With no progress on the reauthorization of Highway Bill, Astec’s customers are staying away from investing in capital equipment. Astec does not see any drivers in the domestic market until Congress renews the Highway Bill, which is not expected until late 2010. The economic downturn had an adverse impact on the demand for Astec’s products. The slowdown in economic growth led to ]]></description>
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