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Stock Market & Financial Investment News

News Breaks
January 25, 2013
07:23 EDTAMEAmetek price target raised to $46 from $38 at RBC Capital
RBC Capital increased its price target on Ametek after the company reported higher than expected Q4 EPS. The firm is encouraged by signs of improvement in both the company's China business and its early-cycle motors business. The firm maintains an Outperform rating on the shares.
News For AME From The Last 14 Days
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February 8, 2016
08:02 EDTAMEAmetek shares have reached attractive entry point, says RBC Capital
RBC Capital believes that most of AMETEK's new headwinds are being driven by increased volatility in its EMIP specialty metals exposures. However, the firm sees this, along with the company's Q4 miss and and :"cautious" 2016 guidance, as "cyclical near-term challenges." The firm remains upbeat on the company's longer term outlook because of what it sees as the company's "operational excellence" and favorable capital allocation policies.
February 5, 2016
06:53 EDTAMEAmetek acquires Brookfield Engineering Laboratories and ESP/SurgeX
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06:51 EDTAMEAmetek sees FY16 EPS $2.55-$2.65, consensus $2.71
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06:50 EDTAMEAmetek sees Q1 EPS 56c-58c, consensus 66c
Sees Q1 revenue to be down low single digits, consensus $1.01B.
06:50 EDTAMEAmetek reports Q4 EIG sales $628.4M, EMG sales $359.6M
06:49 EDTAMEAmetek reports Q4 EPS excluding items 63c, consensus 63c
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