AECOM, URS Declare Merger Consideration Election Results - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Oct 17, 4:30PM CDT
AECOM Corporation (ACM) and URS Corp. (URS) have announced the initial election results of shareholders regarding their merger consideration.
URS: 54.20 (unch), B: 32.69 (-0.34), MIDD: 84.45 (-1.26), ACM: 31.43 (-0.12)
Manitowoc Company Inc. Stock Crashes 24% in 4 Trading Days: Is It Time to Buy?
Neha Chamaria, The Motley Fool - Motley Fool - Fri Oct 17, 12:30PM CDT
Let me confess: When I recently told investors why Manitowoc could fall, I didn't see this crash coming. The stock tanked 24% in four days after the crane maker revised its full-year earnings guidance downward last Friday. MTW data by ...
MIDD: 84.45 (-1.26), TEX: 28.78 (-0.06), CAT: 95.02 (-0.87), MTW: 19.18 (-0.03)
Why Manitowoc Company (MTW) Could Be Positioned for a Slump - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Oct 17, 7:47AM CDT
Manitowoc Company has witnessed a significant price decline in the past four weeks and negative earnings estimate revisions for the current quarter and the current year, making it time for investors to sell it off
MIDD: 84.45 (-1.26), WOR: 35.71 (-0.20), TS: 38.39 (-0.26), MTW: 19.18 (-0.03)
Grainger (GWW) Beats Q3 Earnings on Strong US Performance - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Oct 16, 11:20AM CDT
W.W. Grainger, Inc.'s (GWW) Q3 earnings per share of $3.30 beat the Zacks Consensus Estimate of $3.28 by 1%.
BWC: 28.40 (-0.03), HDS: 26.76 (+0.04), MIDD: 84.45 (-1.26), GWW: 233.89 (-0.61)
Snap-on Tops Earnings & Revenues on Strong Segment Show - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Oct 16, 10:10AM CDT
Snap-on Inc. (SNA) reported strong third-quarter 2014 results with healthy growth in net sales and earnings.
NDSN: 72.16 (-0.02), SNA: 127.59 (-0.20), B: 32.69 (-0.34), MIDD: 84.45 (-1.26)
Middleby to Boost Residential Platform with U-Line Buy - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Oct 15, 6:10PM CDT
Middleby Corporation recently declared that it has entered into an agreement with U-Line Corporation for acquiring the latter's innovative and productive business lines.
NDSN: 72.16 (-0.02), MNTX: 10.60 (unch), B: 32.69 (-0.34), MIDD: 84.45 (-1.26)
A. O. Smith Up on China Market Strength and Raised Outlook - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Oct 15, 2:40PM CDT
Zacks Investment Research upgraded A.O. Smith Corporation (AOS), a leading water heaters and boilers company, to a Zacks Rank #1 (Strong Buy) on Oct 15.
B: 32.69 (-0.34), MIDD: 84.45 (-1.26), CUI: 7.00 (+0.15), AOS: 49.95 (+0.01)
Middleby Promoted to Strong Buy on Healthy Growth Drivers - Analyst Blog
Shradha Bardia - Zacks Investment Research - Tue Oct 14, 5:50PM CDT
Zacks Investment Research upgraded Middleby Corporation (MIDD) to a Zacks Rank #1 (Strong Buy) on Oct 14, 2014.
NDSN: 72.16 (-0.02), MNTX: 10.60 (unch), B: 32.69 (-0.34), MIDD: 84.45 (-1.26)
Harris Williams & Co. Advises U-Line Corporation on its Pending Sale to The Middleby Corporation
Business Wire - Tue Oct 14, 11:16AM CDT
Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide, announces the pending sale of U-Line Corporation (U-Line), portfolio company of Linsalata Capital Partners (Linsalata), to The Middleby Corporation (NASDAQ: MIDD). U-Line is the American leader in the undercounter modular ice making, refrigeration, and wine preservation market. The pending transaction, which is expected to close in the fourth quarter of 2014 and is subject to customary closing conditions, is being led by John Neuner, Brent Spiller, and Corey Benjamin of Harris Williams & Co.'s Consumer Group and Neha Shah of the firm's Richmond office.
MIDD: 84.45 (-1.26), PNC: 82.01 (+0.85)
Middleby to Acquire U-Line Corporation
Business Wire - Tue Oct 14, 8:15AM CDT
The Middleby Corporation (NASDAQ: MIDD) today announced it has entered into a definitive agreement to acquire the U-Line Corporation (U-Line). U-Line is an industry leader in the premium residential built-in modular ice making, refrigeration and wine preservation market.
MIDD: 84.45 (-1.26)
Nordson Expands in Japan with Unicontrols, Shares Dip - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Oct 13, 4:53PM CDT
Nordson Corporation (NDSN) has recently collaborated with Japanese stainless steel tank manufacturer Unicontrols Co., Ltd to expand its business operations in Japan.
NDSN: 72.16 (-0.02), MNTX: 10.60 (unch), B: 32.69 (-0.34), MIDD: 84.45 (-1.26)
Manitowoc (MTW) Hits 52-week Low: Should You Dump It Now? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Oct 13, 3:45PM CDT
Shares of Manitowoc Company, Inc. (MTW) hit a 52-week low of $17.72 on Oct 10.
NDSN: 72.16 (-0.02), MNTX: 10.60 (unch), MIDD: 84.45 (-1.26), MTW: 19.18 (-0.03)
Manitowoc's (MTW) Q3 Results Affected by Weak Demand - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Oct 10, 11:50AM CDT
Shares of Manitowoc Company, Inc. (MTW) plunged 5.5% following announcement of preliminary Q3 results and outlook for the full year.
NDSN: 72.16 (-0.02), MIDD: 84.45 (-1.26), TEX: 28.78 (-0.06), MTW: 19.18 (-0.03)
AGCO (AGCO) Down to Strong Sell on Trimmed Guidance - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Oct 10, 11:40AM CDT
On Oct 10, Zacks Investment Research downgraded AGCO Corporation (AGCO) to a Zacks Rank #5 (Strong Sell).
NDSN: 72.16 (-0.02), MIDD: 84.45 (-1.26), AGCO: 44.58 (-0.12), AOS: 49.95 (+0.01)
iRobot (IRBT) Introduces uPoint Multi-Robot Control System - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Oct 10, 11:00AM CDT
iRobot Corporation (IRBT) recently unveiled a multi-robot controller, uPoint Multi-Robot Control (MRC) system. This system can be used for controlling all robotic products of the company.
NDSN: 72.16 (-0.02), MIDD: 84.45 (-1.26), IRBT: 36.05 (+4.44)
Graco Honours FTC Order, To Sell Liquid Finishing Assets - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Oct 09, 12:30PM CDT
Graco, Inc. (GGG) has signed an agreement with Carlisle Companies Incorporated (CSL) to divest its liquid finishing business acquired from Illinois Tool Works Inc. (ITW) in 2012. The transaction value has been fixed at $590 million.
GGG: 74.54 (-0.67), MIDD: 84.45 (-1.26), CSL: 85.17 (-0.60), ITW: 86.91 (+0.31)
Advanced Atomization Tech to Expand NY Plant, Workforce (Revised) - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Oct 09, 8:00AM CDT
Recently, Advanced Atomization Technologies (AA Tech) ??? the joint venture between Parker (PH) Aerospace and GE Aviation (GE) ??? announced plans of expanding its New York facility.
NDSN: 72.16 (-0.02), PH: 110.77 (-0.52), MIDD: 84.45 (-1.26)
Advanced Automization Tech to Expand NY Plant, Workforce - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Oct 08, 4:10PM CDT
Recently, Advanced Automization Technologies (AA Tech) ??? the joint venture between Parker (PH) Aerospace and GE Aviation (GE) announced plans of expanding its New York facility.
NDSN: 72.16 (-0.02), GE: 25.36 (-0.09), PH: 110.77 (-0.52), MIDD: 84.45 (-1.26)
Actuant Corporation Down to Strong Sell on Weak Q4 Earnings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Oct 08, 10:30AM CDT
Zacks Investment Research downgraded Actuant Corporation (ATU) to a Zacks Rank #5 (Strong Sell) on Oct 7, 2014.
NDSN: 72.16 (-0.02), ABB: 21.27 (+0.30), MIDD: 84.45 (-1.26), ATU: 30.10 (-0.19)
Graco gets FTC Order for Sale of Liquid Finishing Assets - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Oct 07, 11:10AM CDT
Graco, Inc. (GGG) received a final order from the U.S. Federal Trade Commission (FTC) for divestment of the liquid finishing business acquired from Illinois Tool Works Inc. (ITW) in 2012. The business sale is to be completed within 180 days.
NDSN: 72.16 (-0.02), GGG: 74.54 (-0.67), MIDD: 84.45 (-1.26), ITW: 86.91 (+0.31)