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Stock Market & Financial Investment News

News Breaks
July 7, 2014
09:20 EDTAITApplied Industrial upgraded at BB&T
As previously reported, BB&T upgraded Applied Industrial to Buy from Hold. The firm upgraded shares citing leverage to improved macros and easy comps over next year.
News For AIT From The Last 14 Days
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January 28, 2016
06:41 EDTAITApplied Industrial increases dividend 3.7% to 28c per share
Applied Industrial declared a 1c increase in the quarterly cash dividend to 28c per common share. The dividend is payable on February 29 to shareholders of record on February 16.
06:40 EDTAITApplied Industrial reports Q2 EPS 61c, consensus 61c
Reports Q2 revenue $610.3M, consensus $619.92M.
06:38 EDTAITApplied Industrial lowers FY16 EPS view to $2.45-$2.60 from $2.65-$2.85
Consensus for FY16 EPS is $2.59. Sees FY16 revenue down 8%-10%, consensus $2.56B.

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