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Stock Market & Financial Investment News

News Breaks
March 3, 2014
07:12 EDTHSC, XYLHarsco announces CEO Patrick Decker resigns, names David Everitt Interim CEO
Harsco (HSC) announced that Patrick K. Decker has stepped down as president and CEO and member of the board, effective immediately, to become CEO of Xylem (XYL). Harsco director David C. Everitt has been appointed Interim president and CEO and will continue as a member of the board. Everitt has served as a member of the board at Harsco since 2010 and brings significant senior executive experience to his new responsibilities.
News For HSC;XYL From The Last 14 Days
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July 29, 2014
07:05 EDTXYLXylem increases FY14 EPS outlook to $1.90 to $2.00, consensus $1.95
Still sees FY14 revenue $4B, consensus $3.96B. Xylem's increased EPS guidance reflects a 14%-20% growth over 2013. Sees FY14 adjusted net income in the range of approximately $350M-$370M. The company anticipates that restructuring and realignment costs will range from $40M-$50M for the year.
07:02 EDTXYLXylem reports Q2 adjusted EPS 48c, consensus 44c
Reports Q2 revenue $1B, consensus $988.16M.
July 28, 2014
15:47 EDTXYLNotable companies reporting before tomorrow's open
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July 21, 2014
07:55 EDTXYLXylem weakness creates buying opportunity, says Oppenheimer
Oppenheimer believes that the recent weakness in Xylem was caused by the company's statement in the middle of Q2 that sales were tracking at the low end of a 1%-3% increase. However, the firm predicts that the company's Q2 results will be boosted by efficiency gains, and it thinks that the results will be in-line and solid. The firm keeps an Outperform rating on the shares.

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