Nortek Reports First-Quarter 2014 Results
PR Newswire - Mon May 05, 5:00PM CDT
Nortek, Inc. (Nasdaq: NTK), a global diversified company with leading brands and innovative air management and technology-driven products and solutions for residential and commercial applications, today announced financial results for the three months ended March 29, 2014.
ABB completes sale of Thomas & Betts HVAC business to Nortek
M2 - Fri May 02, 10:09AM CDT
ABB, the leading power and automation technology group, has completed the sale of Thomas & Betts' heating, ventilation and air conditioning (HVAC) business to Nortek, Inc. (Nasdaq: NTK). The transaction, announced on 21 March, closed yesterday for $260 million in an all-cash transaction.
Nortek Names Mark DeVincent as Group President, Custom and Engineered Solutions
PR Newswire - Fri May 02, 7:30AM CDT
Nortek, Inc. (Nasdaq: NTK), a global diversified company with leading brands and innovative air management and technology-driven products and solutions for residential and commercial applications, today announced the appointment of Mark DeVincent as Group President of its Custom and Engineered Solutions (CES) segment. DeVincent replaces Eric Roberts, who resigned following a five-year career with Nortek.
Nortek Completes Acquisition of Thomas & Betts' HVAC Business
PR Newswire - Wed Apr 30, 5:00PM CDT
Nortek, Inc. (Nasdaq: NTK), a global diversified company with leading brands and innovative air management and technology-driven products and solutions for residential and commercial applications, today announced the closing of its previously disclosed acquisition of the heating, ventilation and air conditioning (HVAC) business of Thomas & Betts Corporation, which is a wholly owned subsidiary of ABB Ltd (VTX: ABBN), a global power and automation company.
Weyerhaeuser's Q1 Earnings Beats Est. - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Apr 25, 10:40AM CDT
Weyerhaeuser Company (WY) reported earnings per share, before special items, of 26 cents in first-quarter 2014, flat year over year and 2 cents above the Zacks Consensus Estimate of 24 cents.
Nortek Names Matthew Hughes as Vice President, Treasurer
PR Newswire - Thu Apr 24, 9:30AM CDT
Nortek, Inc. (Nasdaq: NTK), a global diversified company with leading brands and innovative air management and technology-driven products and solutions for residential and commercial applications, today announced the appointment of Matthew Hughes as vice president, treasurer.
Nortek to Announce First-Quarter 2014 Financial Results on May 5
PR Newswire - Thu Apr 24, 7:30AM CDT
Nortek, Inc. (Nasdaq: NTK), a global diversified manufacturer of innovative air management and technology-driven products and solutions for residential and commercial applications, today announced that it will release its first-quarter 2014 financial results after the close of the market on Monday, May 5, 2014. Nortek will host a conference call to discuss the results on Tuesday, May 6 at 10:00 a.m. ET.
Lennox Q1 Earnings Beat Ests, Lags on Rev - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Apr 22, 8:40AM CDT
Lennox International reported adjusted earnings per share of 42 cents in first-quarter 2014, up 27.3% year over year and higher than the Zacks Consensus Estimate of 41 cents.
Watsco Earnings Outperform, Shares Up - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Apr 21, 9:20AM CDT
Watsco's first-quarter 2014 earnings beat the Zacks Consensus Estimate by a penny.
Linear, a Nortek Company, Wins Security Industry Association's Prestigious Best New Product Award for New Z-Wave Garage Door Controller
Business Wire - Wed Apr 09, 11:13AM CDT
Linear, LLC, a subsidiary of Nortek Inc., and an industry leader in residential and commercial access control, health and wellness, security and home control, today announced that the Security Industry Association (SIA) selected its Z-Wave Garage Door Opener Remote Controller as Best New Product in the Residential and Monitoring Solutions category. The coveted awards are given out once a year at ISC West as part of the SIA's New Product Showcase competition which recognizes the most innovative products, services and solutions in electronic physical security.
James Hardie Industries Down to Sell - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Apr 08, 9:30AM CDT
Zacks Investment Research has downgraded James Hardie Industries to a Zacks Rank #4 (Sell).
MasTec Upped to Strong Buy - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Apr 08, 9:10AM CDT
Zacks Investment Research has upgraded MasTec to a Zacks Rank #1 (Strong Buy).
Gefen, a Nortek Company, Launches a New and Strengthened Business Strategy at NAB
Business Wire - Mon Apr 07, 11:00AM CDT
Gefen, the digital connectivity solutions company of Nortek Inc. (NASDAQ: NTK), today re-launched its business with a strengthened and revitalized business strategy. Gefen's transformative evolution includes an enhanced product development process refocusing its leading-edge roadmap, and a new go-to-market program supporting consistent, profitable business delivery to its partner base. This re-launch of the Gefen business is reflected in a new, bold brand and identity refresh indicating a stronger alignment across Nortek's Technology Solution Group (TSG) brands, offering partners and customers a total solution of connectivity, with the widest breadth of audio and video solution offerings.
Linear, a Nortek Company, Maker of #1 Installed Home Control Platform, Showcases Smart Control - IoT Tech at ISC West
Business Wire - Thu Apr 03, 11:19AM CDT
Linear LLC, a subsidiary of Nortek, Inc. (NASDAQ: NTK), today presents a range of next generation smart control and Internet of Things (IoT) technologies in their booth at ISC West.
ABB to Divest Thomas & Betts' HVAC Biz - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 24, 5:20PM CDT
Recently, ABB Ltd. announced that its has signed an agreement to divest Thomas & Betts' heating, ventilation and air conditioning business to Nortek Inc.
Eaton-Williams Receives Dell GSD Data Center Consulting Services Award
Business Wire - Mon Mar 24, 7:00AM CDT
The development of energy-saving free cooling technologies by Eaton-Williams Group, Limited was recognized by Dell with the presentation of a Data Center Consulting Services Partner Award at the Dell Data Center Technical Summit held in Kuala Lumpur in February 20, 2014.
ABB to divest Thomas & Betts HVAC business for $260 million to Nortek
M2 - Fri Mar 21, 11:44AM CDT
ABB, the leading power and automation technology group, announced that it has signed an agreement to divest the Thomas & Betts' heating, ventilation and air conditioning (HVAC) business for $260 million in an all-cash transaction to Nortek, Inc. (Nasdaq: NTK), headquartered in Providence, Rhode Island. The sale is expected to close in the second quarter of 2014, subject to regulatory clearance.
Nortek Positions Itself as Major Air Management Supplier with Acquisition of Thomas & Betts' HVAC Business
PR Newswire - Fri Mar 21, 7:00AM CDT
Nortek, Inc. (Nasdaq: NTK), a global diversified manufacturer of innovative, air management and technology-driven products and solutions for residential and commercial applications, today announced it has signed a definitive agreement to acquire the heating, ventilation and air conditioning (HVAC) business of Thomas & Betts Corporation, which is a wholly owned subsidiary of ABBLtd (VTX: ABBN), a global power and automation company. Wells Fargo Securities, LLC served as exclusive financial advisor to Nortek.
CES Group Introduces New Website Focused on Expanding Data Center Products Business
Business Wire - Thu Mar 13, 7:00AM CDT
CES Group, LLC, a leader and manufacturer of innovative custom and engineered solutions (CES) for heating, ventilating and cooling, has introduced a new website focused on its growing Data Center Products business.
Nortek Reports Fourth-Quarter and Full-Year 2013 Results
PR Newswire - Tue Mar 11, 6:10PM CDT
Nortek, Inc. (Nasdaq: NTK), a global diversified company with leading brands and innovative, technology-driven products and solutions for residential and commercial applications, today announced financial results for the three- and 12-month periods ended December 31, 2013.