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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.
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August 20, 2014
10:13 EDTXYLXylem wins $19.6M contract
Xylem announced that it has won a contract worth $19.6M to provide custom-made Flygt pumps for the Xayaburi run-of-river hydropower dam. The dam is located on the Mekong River in the town of Xayaburi. The construction of the dam allows water to be kept within the riverís course and minimally raises the water level to allow fish migration between the Upper and Lower Mekong, while providing electricity to about 1M people in Laos and 3M people in Thailand. Construction of the $3.5B hydropower dam began in 2012. Commercial operation is slated to begin in 2019.
August 7, 2014
07:42 EDTHSCHarsco sees FY14 adjusted EPS 92c-$1.04, consensus $1.03
07:41 EDTHSCHarsco sees Q3 adjusted EPS 26c-31c, consensus 31c
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07:40 EDTHSCHarsco reports Q2 adjusted EPS 17c, consensus 24c
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