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	<title>Stock Blog Hub &#187; Precision Castparts Corporation</title>
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		<title>(BA) Commercial Aerospace &#8211; Upside Story</title>
		<link>http://www.stockbloghub.com/2011/12/08/ba-commercial-aerospace-upside-story/88236</link>
		<comments>http://www.stockbloghub.com/2011/12/08/ba-commercial-aerospace-upside-story/88236#comments</comments>
		<pubDate>Thu, 08 Dec 2011 17:07:05 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Aerospace-Defense - Major Diversified]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[BA]]></category>
		<category><![CDATA[Boeing Company]]></category>
		<category><![CDATA[GE]]></category>
		<category><![CDATA[General Electric Company]]></category>
		<category><![CDATA[HON]]></category>
		<category><![CDATA[Honeywell International Inc.]]></category>
		<category><![CDATA[PCP]]></category>
		<category><![CDATA[Precision Castparts Corporation]]></category>
		<category><![CDATA[TDG]]></category>
		<category><![CDATA[TGI]]></category>
		<category><![CDATA[TransDigm Group Incorporated]]></category>
		<category><![CDATA[Triumph Group Inc.]]></category>
		<category><![CDATA[United Technologies Corporation]]></category>
		<category><![CDATA[UTX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=88236</guid>
		<description><![CDATA[The tide for commercial aerospace appears to have turned, as the global economy continues to recover. Both airline traffic and new aircraft orders have significantly recovered from their recession lows. Therefore, the stocks dealing with aerospace and defense products should be a good pick at least for the next couple years. Aerospace companies see continued growth in their backlog, with the industry now expected to grow in the mid-single-digit rate. However, the past decade has seen a much slower growth rate, so we have our reservations about this optimistic projection. The recent rebound in commercial air traffic and a slight increase in defense spend is good news for companies in the segment. Growth in commercial aircraft is expected to be driven by increased demand for new age jet engines which ]]></description>
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		</item>
		<item>
		<title>(AAPL) 2011 Second Quarter Earnings Preview &#8211; Detailed</title>
		<link>http://www.stockbloghub.com/2011/07/18/aapl-2011-second-quarter-earnings-preview-detailed/79251</link>
		<comments>http://www.stockbloghub.com/2011/07/18/aapl-2011-second-quarter-earnings-preview-detailed/79251#comments</comments>
		<pubDate>Mon, 18 Jul 2011 21:09:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Personal Computers]]></category>
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		<category><![CDATA[8x8 Inc]]></category>
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		<category><![CDATA[Flextronics International Limited]]></category>
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		<category><![CDATA[Fomento Economico Mexicano S.a.b De C.v.]]></category>
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		<category><![CDATA[GS]]></category>
		<category><![CDATA[Gulfmark Offshore Inc.]]></category>
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		<category><![CDATA[Halliburton Company]]></category>
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		<category><![CDATA[Hanesbrands Inc.]]></category>
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		<category><![CDATA[Home Bancshares Inc (Conway AR)]]></category>
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		<category><![CDATA[Honeywell International Inc.]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=79251</guid>
		<description><![CDATA[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&#38;P 500. By next Friday we should have a very good handle on how the overall earnings season will go. The firms reporting this week are sort of like a who&#8217;s who of U.S. industry including: Apple (AAPL), American Express (AXP), Bank of America (BAC), Caterpillar (CAT), General Electric (GE), International Business Machines (IBM), Intel (INTC), McDonald&#8217;s (MCD), Schlumberger (SLB) and Verizon (VZ). That is an interesting cross section of U.S. business. We have a relatively light economic data calendar, so earnings should be front and center, along with the sovereign debt situations on both ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/18/aapl-2011-second-quarter-earnings-preview-detailed/79251/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(COL) Rockwell Collins Sells Rollmet to Precision Castparts</title>
		<link>http://www.stockbloghub.com/2011/06/22/col-rockwell-collins-sells-rollmet-to-precision-castparts/77183</link>
		<comments>http://www.stockbloghub.com/2011/06/22/col-rockwell-collins-sells-rollmet-to-precision-castparts/77183#comments</comments>
		<pubDate>Thu, 23 Jun 2011 01:08:05 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Aerospace-Defense Products & Services]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Astronics Corporation]]></category>
		<category><![CDATA[ATRO]]></category>
		<category><![CDATA[COL]]></category>
		<category><![CDATA[PCP]]></category>
		<category><![CDATA[Precision Castparts Corporation]]></category>
		<category><![CDATA[Raytheon Company]]></category>
		<category><![CDATA[Rockwell Collins Inc.]]></category>
		<category><![CDATA[RTN]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77183</guid>
		<description><![CDATA[Rockwell Collins Inc. (COL) said it has decided upon selling its Rollmet product line to Precision Castparts Corp. (PCP). The company’s decision to sell the Rollmet business stems from its inclination to have a better focus on the core markets, leading to stronger growth. The Rollmet business provides seamless alloy and stainless steel pipes and propulsion system components for the energy, petrochemical and defense industries. Rockwell is of the opinion that the sale would also enhance Rollmet’s position as it will now be better aligned with its end-markets. The company expects the sale to close in the fourth quarter of fiscal 2011, pending customary closing conditions. Separately, Rockwell Collins announced that it expects to release its fiscal third quarter 2011 results on Friday, July 22, 2011. In second quarter 2011, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/22/col-rockwell-collins-sells-rollmet-to-precision-castparts/77183/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PCP) Precision Castparts Quarterly Numbers Beat Estimates</title>
		<link>http://www.stockbloghub.com/2010/11/07/pcp-precision-castparts-quarterly-numbers-beat-estimates/56057</link>
		<comments>http://www.stockbloghub.com/2010/11/07/pcp-precision-castparts-quarterly-numbers-beat-estimates/56057#comments</comments>
		<pubDate>Sun, 07 Nov 2010 20:19:58 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Metal Fabrication]]></category>
		<category><![CDATA[GE]]></category>
		<category><![CDATA[General Electric Company]]></category>
		<category><![CDATA[IGT]]></category>
		<category><![CDATA[International Game Technology]]></category>
		<category><![CDATA[PCP]]></category>
		<category><![CDATA[Precision Castparts Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=56057</guid>
		<description><![CDATA[Precision Castparts Corp. (PCP) released its second quarter fiscal 2011 earnings results before the market opened today, reporting earnings from continuing operations of $1.70. The earnings reported by the company surpassed its year-ago quarter figure of $1.54 and the Zacks Consensus Estimate of $1.68. The company benefited from strong sales growth in aerospace and general industrial businesses and due to an improved cost structure. Total revenue increased by 17% year over year to $1.5 billion, above the Zacks Consensus Estimate of $1.4 billion. Segment Details Investment Cast Products segment sales were $512.3 million, up 15% year over year. Aerospace orders increased substantially in the quarter, leading to a 25% increase in sales. However, sales of industrial gas turbine (IGT) remained weak. The segment operating income was up by 20%. Forged ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/11/07/pcp-precision-castparts-quarterly-numbers-beat-estimates/56057/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PCP) Precision Castpart&#8217;s Quarterly Report Underperforms The Street</title>
		<link>http://www.stockbloghub.com/2010/05/07/pcp-precision-castparts-quarterly-report-underperforms-the-street/36509</link>
		<comments>http://www.stockbloghub.com/2010/05/07/pcp-precision-castparts-quarterly-report-underperforms-the-street/36509#comments</comments>
		<pubDate>Fri, 07 May 2010 16:58:37 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Metal Fabrication]]></category>
		<category><![CDATA[GE]]></category>
		<category><![CDATA[General Electric Company]]></category>
		<category><![CDATA[PCP]]></category>
		<category><![CDATA[Precision Castparts Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=36509</guid>
		<description><![CDATA[Precision Castparts Corp. (PCP) reported earnings per share from continuing operations of $1.66 for the fourth quarter of 2010, below the Zacks Consensus Estimate of $1.71. In the fourth quarter, sales for Precision Castparts Corp. totaled $1.4 billion, versus sales of $1.6 billion in the same quarter a year ago. Segment Details Investment Cast Products: In the fourth quarter, this segment generated sales of $466.9 million, compared to sales of $536.4 million in the same period a year ago. Segment sales included contractual material pass-through pricing of approximately $11.1 million, versus $11.8 million in the fourth quarter of fiscal 2009. Forged Products: Forged Products sales totaled $640.3 million in the most recent quarter, versus sales of $678.0 million a year ago. Contractual material pass-through pricing during the quarter accounted for ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(COL) Rockwell Collins Acquires AR Group</title>
		<link>http://www.stockbloghub.com/2010/01/05/col-rockwell-collins-acquires-ar-group/24210</link>
		<comments>http://www.stockbloghub.com/2010/01/05/col-rockwell-collins-acquires-ar-group/24210#comments</comments>
		<pubDate>Tue, 05 Jan 2010 22:21:35 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Aerospace-Defense Products & Services]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Alliant Techsystems Inc.]]></category>
		<category><![CDATA[ATK]]></category>
		<category><![CDATA[COL]]></category>
		<category><![CDATA[Elbit Systems Limited]]></category>
		<category><![CDATA[ESLT]]></category>
		<category><![CDATA[PCP]]></category>
		<category><![CDATA[Precision Castparts Corporation]]></category>
		<category><![CDATA[Rockwell Collins Inc.]]></category>
		<category><![CDATA[Spirit AeroSystems Holdings Inc]]></category>
		<category><![CDATA[SPR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=24210</guid>
		<description><![CDATA[Rockwell Collins Inc. (COL) completed the acquisition of AR Group Inc. and its affiliated companies Incorporatedluding Air Routing International, a premier provider of trip support services for business aircraft flight operations. Rockwell Collins already has a significant foothold in the aircraft electronic systems market. The acquisition will expand its business to include flight planning and trip support for aircraft flight operations. Under the terms of the agreement, Rockwell Collins will acquire all outstanding shares of AR Group Inc. and its affiliated companies. Rockwell Collins expects the acquisition to be neutral to its fiscal year 2010 earnings. For the fiscal year 2010, Rockwell Collins expects revenues in the range of $4.6 billion to $4.8 billion, EPS in the range of $3.35 to $3.55, and cash flow from operations of $600 million ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/05/col-rockwell-collins-acquires-ar-group/24210/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PCP) Precision Castparts Posts Weak Numbers</title>
		<link>http://www.stockbloghub.com/2009/10/21/pcp-precision-castparts-posts-weak-numbers/18384</link>
		<comments>http://www.stockbloghub.com/2009/10/21/pcp-precision-castparts-posts-weak-numbers/18384#comments</comments>
		<pubDate>Wed, 21 Oct 2009 23:45:18 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Metal Fabrication]]></category>
		<category><![CDATA[PCP]]></category>
		<category><![CDATA[Precision Castparts Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=18384</guid>
		<description><![CDATA[Precision Castparts Corp. (PCP) today reported disappointing results in its fiscal second quarter. Sales in the quarter totaled $1.3 billion, compared to sales of $1.8 billion last year. Included in the year-over-year sales decline were the negative effects of foreign exchange of approximately $29 million, lower material pass-through of approximately $37 million, and lower selling prices of external alloys at the company&#8217;s three primary mills of approximately $62 million. Precision Castparts delivered operating income of $337 million, or 25.9% of sales, versus $404.1 million, or 22.5% of sales a year ago. Total net income from continuing operations in the quarter was $218.3 million, compared to $265.1 million in the same quarter last year. Earnings per share from continuing operations were $1.54 (diluted, based 141.6 million shares outstanding), compared to last ]]></description>
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		<title>(PCP) Precision Castparts Corporation Closes Deals</title>
		<link>http://www.stockbloghub.com/2009/10/07/pcp-precision-castparts-corporation-closes-deals/17100</link>
		<comments>http://www.stockbloghub.com/2009/10/07/pcp-precision-castparts-corporation-closes-deals/17100#comments</comments>
		<pubDate>Wed, 07 Oct 2009 19:30:10 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Metal Fabrication]]></category>
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		<category><![CDATA[Precision Castparts Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=17100</guid>
		<description><![CDATA[Recently, Precision Castparts Corp. (PCP), a diversified manufacturer of complex metal components and products, has completed its acquisition of Carlton Forge Works in Paramount, California. Carlton is a leading manufacturer of seamless rolled rings of nickel, titanium and steel for utilization primarily in aircraft engine (80%) and gas turbine (20%) applications. Precision Castparts has also acquired Arcturus Manufacturing Corporation, a hammer forging operation in Oxnard, California. Precision acquired both Carlton and Arcturus for $850 million. The acquisitions are all-cash deals and are financed primarily through current cash balances and small levels of debt. The transactions will be included in Precision’s Forged Products segment, which accounted for about 42% of the company’s sales in the last quarter of fiscal 2009. Precision generated about 24% of its margins from this segment. Management ]]></description>
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