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Stock Market & Financial Investment News

News Breaks
February 21, 2014
09:30 EDTALLEAllegion price target raised to $60 from $54 at MKM Partners
MKM Partners increased its price target on Allegion after attending the company's Analyst Day. The firm thinks the company's Europe business is running ahead of expectations, while it is poised to deliver beat and raise results. The firm keeps a Buy rating on the shares.
News For ALLE From The Last 14 Days
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October 30, 2014
06:39 EDTALLEAllegion reports Q3 organic revenue growth of 6.4%
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06:11 EDTALLEAllegion raises FY14 adjusted EPS to $2.37-$2.42 from $2.30-$2.40
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06:09 EDTALLEAllegion reports Q3 EPS adjusted 68c, consensus 65c
Reports Q3 revenue $546.7M, consensus $534.74M
October 29, 2014
09:31 EDTALLEBocom System wins $25M project from China Telecom in Wahu City
Bocom System, a strategic brand of Allegion (ALLE), recently signed an agreement, in alliance with China Telecom (CHA), for the Wuhu City Skynet Project valued at $25M. Bocom System has participated in smart city projects in Shanghai, Tangshan, Shijiazhuang, Handan, Xi’an, Xining, Haikou, Guiyang, Puer and Shenzhen. Bocom System is capitalizing on its expertise in these areas. The project will be executed in Wuhu, the second largest economy in Anhui Province. In 2013, Wuhu’s GDP reached more than $34B . The city is part of a 90-pilot smart cities initiative by China’s Ministry of Housing and Urban-Rural Development.

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