Photo Release -- Franklin Electric Announces Don Kenney as Vice President and President, Energy Systems
GlobeNewswire - Fri May 09, 4:13PM CDT
Franklin Electric Co., Inc. (Nasdaq:FELE) announces that the Board of Directors appointed Don Kenney Vice President and President, Energy Systems on May 2, 2014.
CORRECTING and REPLACING -- Franklin Electric Declares Payment of Quarterly Cash Dividend on Common Stock
GlobeNewswire - Fri May 02, 3:54PM CDT
In a press release issued earlier today by Franklin Electric Co., Inc. (Nasdaq:FELE), the share payable date has changed, and a new sentence was added to the end of the first paragraph. The full, corrected press release follows:
Franklin Electric Declares Payment of Quarterly Cash Dividend on Common Stock
GlobeNewswire - Fri May 02, 10:15AM CDT
R. Scott Trumbull, Chairman and Chief Executive Officer of Franklin Electric Co., Inc. (Nasdaq:FELE), announced today that the Board of Directors declared a quarterly cash dividend of $.090 per share payable May 29, 2014 to shareowners of record on May 15, 2014.
YieldBoost Franklin Electric To 10.6% Using Options
at The Street - Thu May 01, 10:44AM CDT
Shareholders of Franklin Electric Co., Inc. looking to boost their income beyond the stock's 0.8% annualized dividend yield can sell the October covered call at the $40 strike and collect the premium based on the $1.75 bid, which annualizes to an...
Franklin Electric Reports Record First Quarter 2014 Sales and Earnings
GlobeNewswire - Tue Apr 29, 3:05PM CDT
Franklin Electric Co., Inc. (Nasdaq:FELE) reported first quarter 2014 adjusted earnings per share (EPS) of $0.35 compared to 2013 first quarter adjusted EPS of $0.33, a 6 percent increase (see table below for a reconciliation of GAAP EPS to the adjusted EPS). In the first quarter of 2014, the Company's GAAP fully diluted EPS was $0.35 which was up 9 percent to the GAAP fully diluted EPS from the first quarter of 2013.
Upgrade Alert for Franklin Electric (FELE)
Comtex SmarTrend(R) - Tue Apr 29, 7:04AM CDT
Franklin Electric (NASDAQ:FELE) was upgraded from Neutral to Long-Term Buy at Hilliard Lyons today. The stock closed yesterday at $39.76 on volume of 201,000 shares, above average daily volume of 167,000. Franklin Electric (NASDAQ:FELE) has potential upside of 12.3% based on a current price of $39.76 and analysts' consensus price target of $44.67. Franklin Electric shares should first meet resistance at the 200-day moving average (MA) of $40.41 and find additional resistance at the 50-day MA of $42.09.
Global Electric Motors (AC Motors, DC Motors, Hermetic Motors) Market Report 2013-2019
M2 - Tue Apr 29, 3:27AM CDT
Research and Markets (http://www.researchandmarkets.com/research/957zt5/electric_motors) has announced the addition of the "Global Electric Motors (AC Motors, DC Motors, Hermetic Motors) Market Report 2013-2019" report to their offering. Types of electric motors include AC motors, DC motors and hermetic motors. AC motors are relatively smaller, cheaper and lighter and most commonly used in HVAC equipment, industrial and home appliances; and manufacturing facilities. In 2012, AC motors accounted for the largest revenue share of the overall electric motors market. DC motors are used for variable speed control applications such as motor vehicles, electronic toys, industrial machineries and equipment etc. Hermetic motors are expected to see the fastest growth at a CAGR of 8.5% through the estimated period with rising demand from HVAC manufacturers. Based on output power capacity electric motors are divided into two categories fractional horsepower (FHP) motors and integral horsepower (IHP) motors. Fractional horsepower are generally used in low power applications and accounted for the largest revenue share of the electric motors in 2012. IHP motors are expected to see the fastest growth through the estimated period. Stringent electricity consumptions and benefits of energy efficiency electric motors are motivating industrial users to retrofit their plants with energy efficient electric motors. This represents a positive outlook for IHP motor suppliers in the next six years. In 2012, motor vehicles accounted for the largest application segment for electric motors. Due to rising fuel prices and pollution, demand for electric vehicles is rising rapidly in developed and emerging countries such as the U.S., Japan, Germany, China, India and others. This segment is expected to maintain its dominating position in the electric motors market with increasing production of electric vehicles in the next six years. Significant demand for electric motors is also expected from HVAC industry, household appliances and industrial machinery segment. Asia-Pacific was the largest as well as the fastest growing regional market in the global electric motors market. Growing industrialization and rising disposable income in China, India, Indonesia, Malaysia and several other countries in Asia-Pacific is likely to contribute to the growth of electric motors. North America and Europe is expected to grow blow global electric motors market CAGR through 2013 - 2019. Stringent electricity consumption regulations and government incentive programs for early replacement of low efficient electric motors are expected to drive this growth. Key Topics Covered: - Preface - Executive Summary - Global Electric Motor Market Overview - Global Electric Motor Market, by Output power 2011 - 2019 - Global Electric Motor Market, by Type 2011 - 2019 - Global Electric Motor Market, by Applications 2011 - 2019 - Global Electric Motor Market, by Geography 2011 - 2019 - Company Profiles - ARC Systems, Inc. - Allied Motion Technologies Inc. - Ametek, Inc. - Asmo Co., Ltd. - Baldor Electric Company, Inc. - Brook Crompton UK Ltd - Danaher Motion LLC - Franklin Electric Co., Inc. - Johnson Electric Holdings Ltd. - Regal Beloit Corp. - Rockwell Automation Inc. - Siemens AG For more information visit http://www.researchandmarkets.com/research/95...ric_motors
Rexnord Acquires Green Turtle - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 16, 4:30PM CDT
Rexnord Corporation, a renowned water management products manufacturer, announced the acquisition of Green Turtle, a wastewater pre-treatment solutions provider.
Franklin Electric Schedules Its First Quarter 2014 Earnings Release and Conference Call
GlobeNewswire - Tue Apr 15, 3:50PM CDT
Franklin Electric Co., Inc. (Nasdaq:FELE) will release its first quarter 2014 earnings at 4:05pm EDT on Tuesday, April 29, 2014. A conference call to review earnings and other developments in the business will commence at 5:00pm EDT. The first quarter 2014 earnings call will be available via a live webcast. The webcast will be available in a listen only mode by going to:
ABB to Boost Indian Power Grid - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 09, 4:10PM CDT
ABB yesterday received a contract from Power Grid Corporation of India to construct a 400 kilovolt gas-insulated switchgear substation to boost transmission capacity in the southern region.
ABB to Power Rome, Shares Up - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 31, 4:20PM CDT
Shares of ABB Ltd. increased 1.5% on March 28, following the company's announcement of receiving a contract from a leading Italian multi-utility firm, ACEA.
Updated Research Report on Quanta Services - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 31, 9:00AM CDT
On Mar 27, 2014, we issued an updated research report on Quanta Services Inc.
ABB to Power Western Saudi Arabia - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 20, 6:06PM CDT
Leading power and automation technologies supplier ABB Ltd received a $110 million order from Saudi Electricity Company.
Another Swedish Contract for ABB - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 19, 4:35PM CDT
ABB Ltd. recently received another contract worth $45 million from Sweden's national grid, Svenska kraftnat.
Updated Research Report on Emerson - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 19, 3:30PM CDT
On Mar 13, 2014, we issued an updated research report on Emerson Electric Co.
ABB and Consortium Win UK Rail Project - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 18, 5:10PM CDT
ABB and UK Power Networks received a contract from UK's Network Rail to provide turnkey substations which will upgrade Britain's existing rail network.
Stock to Avoid: II-VI Inc. - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 12, 4:10PM CDT
Zacks Investment Research downgraded II-VI Incorporated to a Zacks Rank #5.
Global Electric Motors Market Forecasts & Trends 2013-2019: AC Motors, DC Motors, Hermetic Motors
M2 - Mon Mar 10, 7:35AM CDT
Research and Markets (http://www.researchandmarkets.com/research/mbtl3l/electric_motors) has announced the addition of the "Electric Motors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" report to their offering. The report provides current market size and forecast for different types of electric motors and its application segments. Value chain of electric motors market helps to understand the role of each player involved in the industry. Porter's Five Forces and competitive landscape gives an overview of industry competition and identifies entry barriers for stakeholders looking to enter this market. The company profiles section included in the report gives an idea about key players in the global electric motors market and their growth strategies. Increase in revenue is motivating market participants to invest in the electric motors market. Countries across the world are realizing the electricity saving opportunities offered by energy efficient electric motors, prompting them to implement stringent regulations and policies to deploy energy efficient electric motors. Thus, the demand for electric motors is rapidly shifting from standard efficiency electric motors to high and premium efficiency motors. This shift in trend is directly contributing to revenue growth of electric motors manufacturers. The study highlights current trends and dynamics affecting the growth of this market. In addition, it also provides detailed information about current effective efficiency standards in each major market and their impact on electric motors market development. The electric motors market is segmented as below: Output Power - Fractional horsepower (FHP) motors - Integral horsepower (IHP) motors Type - AC motors - DC motors - Hermetic motors Application - Motor Vehicles - HVAC equipments - Industrial machinery - Household appliances - Aerospace and other transportation equipments - Commercial and other industry Key Topics Covered: Key Topics Covered: 1 Preface 2 Executive Summary 3 Global Electric Motor Market Overview 4 Global Electric Motor Market, by Output power 2011 - 2019 5 Global Electric Motor Market, by Type 2011 - 2019 6 Global Electric Motor Market, by Applications 2011 - 2019 7 Global Electric Motor Market, by Geography 2011 - 2019 8 Company Profiles - ARC Systems, Inc. - Allied Motion Technologies Inc. - Ametek, Inc. - Asmo Co., Ltd. - Baldor Electric Company, Inc. - Brook Crompton UK Ltd - Danaher Motion LLC - Franklin Electric Co., Inc. - Johnson Electric Holdings Ltd. - Regal Beloit Corp. - Rockwell Automation Inc. - Siemens AG For more information visit http://www.researchandmarkets.com/research/mb...ric_motors
Franklin Electric Reports Record Fourth Quarter 2013 Sales and Earnings
GlobeNewswire - Wed Feb 19, 3:05PM CST
Franklin Electric Co., Inc. (Nasdaq:FELE) reported fourth quarter 2013 adjusted earnings per share (EPS) of $0.30 compared to 2012 fourth quarter adjusted EPS of $0.28, a 7 percent increase (see table below for a reconciliation of GAAP EPS to the adjusted EPS). In the fourth quarter of 2013, the Company's GAAP fully diluted EPS was $0.27 which was flat to the GAAP fully diluted EPS from the fourth quarter of 2012.