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Stock Market & Financial Investment News

News Breaks
February 27, 2014
07:13 EDTCVA, MG, ITT, LECO, AMRS, TDY, RSG, PWR, FLS, PPO, DY, KMTStifel to hold a conference
2014 Industrials Conference is being held in New York on February 27.
News For DY;RSG;ITT;PPO;TDY;MG;FLS;AMRS;CVA;PWR;LECO;KMT From The Last 14 Days
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March 31, 2015
17:22 EDTFLSFlowserve initiated with a Neutral at Nomura
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March 27, 2015
08:31 EDTPWRQuanta Services selected by SemGroup for Maurepas Pipelines Project
Quanta Services announced that Maurepas Pipeline, a subsidiary of SemGroup, selected Quanta Services for the Maurepas Pipelines Project. Quanta subsidiaries, including Price Gregory International, QPS Engineering and Quanta Capital Solutions, assisted with the development of the project for SemGroup and will provide engineering, procurement and construction services. Engineering, permitting, right of way acquisition and materials procurement has commenced. Construction is expected to begin in the third quarter of 2015 and completion is expected in the third quarter of 2016.
March 25, 2015
10:04 EDTPWRBB&T to hold a conference
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March 24, 2015
19:02 EDTITTITT Corp. makes additional $20M investment in Wuxi, China facility
ITT Corporation announced that it is investing approximately $20M to further expand its braking technology production capabilities in Wuxi, Jiangsu Province, China, bringing its total investment in the facility to nearly $50M over the past three years. The investment in the company’s Motion Technologies business demonstrates ITT’s ongoing commitment in China as it ensures the facility is prepared for future opportunities to support customers and the automotive market in the region. ITT’s Motion Technologies business produces and supplies braking and friction technologies for all categories of passenger cars for major vehicle manufacturers in China and around the world.
March 23, 2015
08:06 EDTDYDycom price target raised to $65 from $55 at FBR Capital
FBR Capital raised its price target for Dycom to $65 saying the FCC's Connect America Fund is an upcoming catalyst that is not yet appreciated. FBR expects the FCC over the next few months to begin shifting $9B over five years from rural subsidies in the Universal Services Fund to the Connect America Fund and its awardees. It believes the Phase II of the fund could add organic revenue growth to Dycom of approximately 5% per year starting in 2016 and develop into a multi-hundred-million-dollar opportunity annually through 2020. It keeps an Outperform rating on the stock.
07:12 EDTFLSFlowserve to supply automated control valves Klabin mill
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