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Stock Market & Financial Investment News

News Breaks
November 21, 2012
07:02 EDTDCIDonaldson sees FY13 tax rate 28%-31%, operating margin 14.2%-15%
Continues to forecast full-year sales growth as strong Gas Turbine project shipments in the next two quarters and improving demand for replacement filters are anticipated to offset weaker demand from our Engine OEM and Disk Drive Customers. Expects foreign currency translation to have a negative impact on sales for most of the fiscal year. Sees FY13 Engine Products sales equal to FY12, including the negative impact of foreign currency. Sees FY13 Industrial Products sales up 4%-10% over FY13, including the negative impact of foreign currency.
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August 28, 2014
08:15 EDTDCIDonaldson price target raised to $47 from $42 at Jefferies
Jefferies raised its price target on Donaldson to $47 after the company's Q4 beat, but the firm maintains its Hold rating on the shares as it believes the stock will be range bound as its FY15 growth is expected to come mainly in the second half of the fiscal year.
August 27, 2014
06:06 EDTDCIDonaldson sees FY15 EPS $1.81-$2.01, consensus $1.93
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06:05 EDTDCIDonaldson reports Q4 EPS 50c, consensus 47c
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August 26, 2014
15:36 EDTDCINotable companies reporting before tomorrow's open
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