Crane Reports In-line Q2 Earnings, Hikes Dividend by 10% - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 30, 10:30AM CDT
Crane Co. (CR) reported in-line results for second-quarter 2014, along with announcing a 10% quarterly dividend increase on Jul 28. Adjusted earnings per share were $1.15, up 8.5% year over year but in line with the Zacks Consensus Estimate.
Tyco Q3 Earnings in Line with Estimates; Beats on Revenues - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jul 25, 11:10AM CDT
Tyco International (TYC) met the Zacks Consensus Estimate for earnings and surpassed the revenues estimate of the same in its fiscal third-quarter 2014 results, driven by broader product capabilities and more efficient operational execution.
3M Q2 Earnings in Line with Estimates, Revenues Rise Y/Y - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 24, 9:55AM CDT
3M Company (MMM) reported second-quarter 2014 net income of $1,267 million or $1.91 per share compared with $1,197 million or $1.71 a share in the year-earlier quarter.
United Technologies Beats on Q2 Earnings, Shares Slide - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 23, 10:20AM CDT
United Technologies Corp (UTX) reported second quarter 2014 net income of $1,680 million or $1.84 per share up from $1,560 million or $1.70 in the year-ago quarter.
Waters Corporation (WAT) Q2 Earnings Beat, Revenues Increase - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jul 22, 9:40AM CDT
Waters Corporation (WAT) reported second-quarter 2014 non-GAAP earnings of $1.22 per share, beating the Zacks Consensus Estimate by a penny.
3M to Buy Residual Stake in Japanese Venture for $885 Million - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jul 18, 4:10PM CDT
3M (MMM) is set to acquire the remaining 25% stake of Sumitomo 3M Ltd. for approximately $885 million. The transaction is expected to conclude on Sep 1, 2014.
UTX's Pratt & Whitney to Leverage IBM's Big Data Technology - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jul 18, 3:58PM CDT
Pratt & Whitney, a unit of United Technologies (UTX), has collaborated with International Business Machines Corporation (IBM) to incorporate data analytics in its engine fleet management and health solutions.
Honeywell Beats on Q2 Earnings Estimates, Raises EPS Guidance - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jul 18, 9:59AM CDT
Honeywell (HON) reported second-quarter 2014 net income of $1,126 million or $1.38 per share. Earnings per share registered a year-over-year growth of 7.8%. Reported earnings comfortably beat the Zacks Consensus Estimate of $1.36 by 2 cents.
Danaher (DHR) Falls: Stock Goes Down 5.6% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Jul 18, 7:49AM CDT
Danaher has seen positive earnings estimate revisions for the current year along with a significant decline in its share price for the past month
UTX's Pratt & Whitney Clinches Lucrative Engine Contracts - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 16, 11:40AM CDT
Pratt & Whitney, a unit of United Technologies (UTX), has finalized several contracts to deliver engines exclusively to Azul and Philippine Airlines, and via the International Aero Engines consortium to SaudiGulf Airlines and International Airlines Group.
United Technologies Inks Deal with Firth Rixson - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jul 15, 7:24AM CDT
Diversified business conglomerate United Technologies Corp (UTX) recently inked a 10-year deal worth over $1 billion with Firth Rixson, a global supplier of aero engine rolled rings.
United Technologies' UTC Aerospace Wins Airbus Contract - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jul 14, 6:00PM CDT
UTC Aerospace Systems, a part of United Technologies Corp (UTX), has been selected by Airbus to supply new wheels and carbon brakes for A320neo family aircraft.
General Electric Augments MerchSource and OraMetrix Liquidity - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jul 14, 10:20AM CDT
GE Capital, a part of diversified industrial conglomerate General Electric Company (GE), recently provided MerchSource LLC with a $130 million senior credit facility.
GE Capital Extends Financing Program with Bass Pro Shops - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jul 11, 1:50PM CDT
The Commercial Distribution Finance division of GE Capital, a unit of General Electric (GE), declared the extension of its inventory financing program with Bass Pro Shops through 2018.
Honeywell's UOP Technology Selected by UAE's Petrixo - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 10, 10:10AM CDT
UOP LLC, a subsidiary of Honeywell International Inc (HON), recently announced that its green fuels process technology has been selected by Petrixo Oil & Gas - a part of Petrixo Group in United Arab Emirates (UAE).
Honeywell Technology to Reduce Climate Impact in China - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 09, 5:40PM CDT
As per a grant agreement between the U.S. Trade and Development Agency (USTDA) and Midea, Honeywell International Inc (HON) decided to help lessen the climate impact of refrigerators and freezers in China.
General Electric to Power Scottish Wind Farm Projects - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 09, 10:20AM CDT
Diversified industrial conglomerate General Electric Company (GE) was recently selected by SSE Renewables to supply 94 megawatts (MW) of capacity to power the Dunmaglass Wind Farm in Scotland.
General Electric's China CEO to Manage Alstom Integration - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jul 07, 12:00PM CDT
General Electric (GE) has elected Mark Hutchinson, CEO of its Chinese operations, to handle the integration of Alstom's energy assets into the U.S. conglomerate's business framework.
Honeywell Announces Qatar Plant Upgrade Contract - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 03, 11:10AM CDT
Honeywell Process Solutions, a part of Honeywell International Inc (HON), recently won a contract for supply of a new integrated control and safety system for Qatar Fuel Additives Company (QAFAC).
ITT, Servi Hydranor to Ensure Cargo Safety for Statoil - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 02, 5:40PM CDT
ITT Corporation (ITT) recently announced that its Control Technologies business division has joined hands with Norway based hydraulic distributor Servi Hydranor AS to construct a shock and vibration isolation system for Statoil ASA (STO).