All Posts Tagged With: "CBE"

(DOV) Dover Updates 2012 and 2013 Outlook

Dover Corporation (DOV) recently updated its outlook for fiscal 2012 and 2013 and highlighted its growth initiatives for the next three years. Dover has trimmed its fiscal 2012 EPS guidance to a range of $4.36 to $4.46 from...

16Dec2012 | | Comments Off | Continued

(ITW) Illinois Tool Works Medical Products Division Expands Product-Line

Industrial tool maker, Illinois Tool Works Inc.’s (ITW) medical products division, ITW Medical Products further enhanced its capabilities by adding Coeur Holding Company to its product portfolio. Financial terms of the transaction...

23Oct2012 | | Comments Off | Continued

(ITW) Illinois Tool Works Raises $1.1 Billion via Notes

Industrial tool maker, Illinois Tool Works Inc. (ITW) recently opted for raising funds from the market through issuance of $1.1 billion principal amount of Senior Unsecured Notes due to mature on September 1, 2042. The notes, expected...

31Aug2012 | | Comments Off | Continued

(ITW) Illinois Tool Works Raises Dividend

Illinois Tool Works Inc.’s (ITW) Board of Directors approved a 6.0% hike in the company’s quarterly dividend rate. The revised quarterly rate now stands at 38 cents per common share compared with 36 cents previously, resulting...

21Aug2012 | | Comments Off | Continued

(ITW) Illinois Tool Works Divests Decorative Surfaces

Industrial tool-maker, Illinois Tool Works Inc.’s (ITW) recently announced a major 51% divestment of its stake in its Decorative Surfaces division to a fund managed by Clayton, Dubilier & Rice, LLC (CD&R). The news was well...

21Aug2012 | | Comments Off | Continued

(ITW) Illinois Tool Works Earnings Preview

Illinois Tool Works Inc.(ITW) is slated to release its second quarter 2012 results on Tuesday, July 24. The current Zacks Consensus Estimate for earnings per share (EPS) is $1.09, representing an annualized growth of 14.02%. With...

13Aug2012 | | Comments Off | Continued

(DOV) Dover Analyst Stays Neutral on Shares

We reiterate our Neutral recommendation on Dover Corporation (DOV), which specializes in industrial products and manufacturing equipment in U.S. and has subsidiaries and affiliates in Canada, France, Germany, the Netherlands, Sweden,...

26Mar2012 | | Comments Off | Continued

(DOV) Dover Set to Acquire Maag Group

Recently, Dover Corporation (DOV) announced its decision to acquire the Maag Group, the global leader in external gear pump technology and engineered solutions. The value of the transaction is undisclosed as yet. Maag Group...

14Feb2012 | | 0 comments | Continued

(ITW) Illinois Tool Works Earnings Preview

Illinois Tool Works Inc.(ITW) is slated to release its third quarter 2011 results on Tuesday, October 25. The current Zacks Consensus Estimate for earnings per share (EPS) is 98 cents, representing an annualized growth of 17.61%. With...

26Oct2011 | | 0 comments | Continued

(AAPL) A Busy Week Ahead – Earnings Preview

Earnings Preview 10/14/11 While the earnings season kicked off this past week, only 38 firms reported. The game really gets under way next week, when we will get reports from 336 firms, including 99 members of the S&P 500. Thus, by the end of the week we will have a very good idea...

17Oct2011 | | 0 comments | Continued

(DOV) Dover Sells a Pair of Companies

Dover Corporation (DOV) stated it has entered into an agreement to sell a couple of its operating companies belonging to the Industrial Products segment to International Equipment Solutions, LLC, an affiliate of KPS Capital Partners,...

12Sep2011 | | 0 comments | Continued

(ITW) Illinois Tool Works Impresses Owners – Increases Divided

Illinois Tool Works Inc.’s (ITW) board of directors approved a 6.0% hike in the company’s quarterly dividend rate. The revised quarterly rate now stands at 36 cents per common share compared with 34 cents previously, resulting...

8Aug2011 | | 0 comments | Continued

(AAPL) 2011 Second Quarter Earnings Preview – Detailed

Earnings Preview 7/15/11 Second quarter earnings season is now under way, but things really start to move into high gear next week. There will be 348 firms reporting, and 108 of those are in the S&P 500. By next...

18Jul2011 | | 0 comments | Continued

(DOV) Dover Completes Vienna Acquisition From NXP Semiconductors NV

Dover Corporation (DOV) completed the acquisition of Vienna, an Austria-based Sound Solutions business line of NXP Semiconductors NV (NXPI) for $855 million. The...

6Jul2011 | | 0 comments | Continued

(ITW) Illinois Tool Works Revises Historicals & Outlook

Illinois Tool Works Inc. (ITW) recently reclassified its historical results giving effect to discontinued operations and announced the impact of its share repurchase activity. The company consummated the repurchase of $550 million...

30Jun2011 | | 0 comments | Continued

(IT) International Business Machines Partners With Commercial Bank of Ethiopia

Information Technology (IT) major, International Business Machines Corp. (IBM) recently signed a deal with the Commercial Bank of Ethiopia (CBE). Under the terms of the agreement, IBM will help CBE to employ...

29Jun2011 | | 0 comments | Continued

(ITW) Illinois Tool Works’ May-end Revenue Update

Illinois Tool Works Inc. (ITW) reported an 18% year-over-year rise in its operating revenues for the three months ended May 31, 2011. The increase records an 8% growth, which can be ascribed to a hike in base revenue and 5% to acquisitions....

23Jun2011 | | 0 comments | Continued

(ITW) Illinois Tool Works Authorizes $4 Billion Buyback

Illinois Tool Works Inc’s (ITW) board of directors recently authorized the company to buyback approximately $4 billion of common shares, representing roughly 70 million shares based on the May 5 closing share price. No time frame...

10May2011 | | 0 comments | Continued

(CBE) Cooper Industries Beats The Street

Cooper Industries Ltd. (CBE) reported its first-quarter 2011 earnings per share from continuing operations of 93 cents, beating the Zacks Consensus Estimate of 84 cents. The company outperformed the prior-year earnings per share by...

3May2011 | | 0 comments | Continued

(ITW) Illinois Tool Works First Quarter Report Surpasses Analyst Estimates

Illinois Tool Works Inc. (ITW) reported first quarter 2011 earnings per share from continuing operations of 91 cents, up 30% year over year. The result was also above the Zacks Consensus Estimate of 84 cents and management’s...

27Apr2011 | | 0 comments | Continued

(ITW) Illinois Tool Works Fourth Quarter Earnings Scorecard

Despite posting somewhat disappointing fourth quarter results, that fell a cent short of the Zacks Consensus Estimate, sentiments were overall positive for Illinois Tool Works Inc. (ITW) triggered primarily by the company’s robust...

9Feb2011 | | 0 comments | Continued

(DOV) Dover Buys NXP Semiconductors NV’s Sound Solution Business

Dover Corp. (DOV) has signed a definitive agreement to acquire Vienna, Austria-based Sound Solutions business line of NXP Semiconductors NV (NXPI) for $855 million. The acquisition is expected to close around the end...

27Dec2010 | | 0 comments | Continued

(ITW) Illinois Tool Works Reports 13% Revenue Increase in Fourth Quarter 2010

Illinois Tool Works Inc. (ITW) reported a 13% year-over-year rise in its operating revenues for the three months ended October 31, 2010. The increase records a 10% growth attributable to a hike in base revenue and 4% to acquisitions. Currency...

13Dec2010 | | 0 comments | Continued

(NWL) Newell Rubbermaid Third Quarter 2010 Earnings Preview

Newell Rubbermaid Inc. (NWL) is scheduled to release its third-quarter 2010 results on Friday, October 29. The Zacks Consensus Estimate for the quarter is pegged at 41 cents a share. Second Quarter Performance Newell...

25Oct2010 | | 0 comments | Continued

(ITW) Illinois Tool Works Third Quarter 2010 Earnings Preview

Illinois Tool Works Inc. (ITW) is slated to release its third quarter 2010 results on Tuesday, October 19. The current Zacks Consensus Estimate for the third quarter earnings per share (EPS) is 82 cents, representing an annualized...

17Oct2010 | | 0 comments | Continued

(ITRI) Itron Analyst Maintains Shar Rating at Neutral

We maintain our Neutral recommendation for Itron, Inc. (ITRI) which means the stock should perform mostly in line with the broader market. The AMI (advanced metering infrastructure) and AMR (automated meter reading) markets exhibit...

17Oct2010 | | 0 comments | Continued

(ITW) Illinois Tool Works Acquires Panreac Group

Illinois Tool Works Inc. (ITW) recently acquired Europe-based chemical company, Panreac Group. The terms of the transaction were not disclosed. Panreac Group serves particularly the laboratory, pharmaceutical, cosmetic and food industries. The...

14Sep2010 | | 0 comments | Continued

(ITW) Illinois Tool Works Announces Sale of Meyercord Revenue Incorporated

Illinois Tool Works Inc. (ITW) disposed of its wholly-owned subsidiary, Meyercord Revenue Inc. to SICPA Product Security LLC for an undisclosed amount. The business was stated to be unfit for Illinois Tool’s long-term growth...

10Sep2010 | | 0 comments | Continued

(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 3% to acquisitions. Currency...

18Aug2010 | | 0 comments | Continued

(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 compared with 31 cents previously,...

9Aug2010 | | 0 comments | Continued