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Stock Market & Financial Investment News

News Breaks
February 28, 2013
07:42 EDTROP, WTS, ITT, TWIN, XYL, CR, NPOGabelli to hold a conference
23rd Annual Pump, Valve, & Energy Infrastructure Conference is being held in New York on February 28.
News For ITT;NPO;XYL;WTS;CR;TWIN;ROP From The Last 14 Days
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March 25, 2015
09:23 EDTWTSWatts Water management hires lower risk, says Sterne Agee
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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.
16:09 EDTWTSWatts Water appoints Todd Trapp as CFO
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March 23, 2015
10:00 EDTXYLOn The Fly: Analyst Downgrade Summary
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08:13 EDTCRBofA/Merrill airlines/aerospace analysts hold analyst/industry conference call
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08:01 EDTCRBofA/Merrill industrials/EU autos analysts hold analyst/industry conference call
Analysts provide a discussion of the key takeaways from the recently held Global Industrials & European Autos Conference on an Analyst/Industry conference call. to be held on March 23 at 10 am.
06:03 EDTXYLU.S. Multi-Industry sector downgraded to Neutral at Barclays
Barclays downgraded the U.S. Multi-Industry space to Neutral from Overweight saying rising headwinds could limit share upside to mid-single-digit levels in 2015, with only slight improvement in 2016. The firm believes the credit cycle is peaking and views the U.S. Dollar strength along with lower oil prices as headwinds. Concurrent with sector rating change, Barclays downgraded Dover (DOV), Grainger (GWW), Xylem (XYL) and WESCO (WCC) to Equal Weight from Overweight. It also upgraded Tyco (TYC) to Overweight from Equal Weight and Lennox (LII) to Equal Weight from Underweight, calling both defensive names in the space. The firm is also "comfortable" owning General Electric (GE), Honeywell (HON), Sensata (ST) and HD Supply (HDS) at current levels. It prefers waiting for pullbacks to buy shares of 3M (MMM).
05:48 EDTXYLXylem downgraded to Equal Weight from Overweight at Barclays
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March 20, 2015
10:31 EDTCRCrane management to meet with FBR Capital
Meetings to be held in California March 24-25 hosted by FBR Capital.
08:03 EDTNPOEnPro outlook still attractive, says Oppenheimer
Following EnPro's Analyst Day, Oppenheimer thinks the company's long-term outlook remains attractive, despite negative foreign exchange effects and weakness in its energy business. The firm significantly lowered its estimates after the company provided revenue guidance. However, it keeps a $92 price target and Outperform rating on the shares.

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