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Stock Market & Financial Investment News

News Breaks
August 7, 2014
07:54 EDTPHParker-Hannifin valuation compelling, says Stifel
After Parker reported weaker than expected results and provided weaker than expected guidance, Stifel thinks the outlook for the company's Q1 results is uncertain due to cost inefficiencies. However, the firm finds the stock's valuation compelling and keeps a Buy rating.
News For PH From The Last 14 Days
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January 22, 2015
16:48 EDTPHParker-Hannifin CEO Donald Washkewicz announces intention to retire
On January 21, Donald E. Washkewicz, Chairman of the Board, CEO president of Parker-Hannifin Corporation, notified the Board of Directors of the company that, effective February 1, he intends to retire as CEO and president of the company. Washkewicz will remain as an executive officer of the company in the position of Chairman of the Board. On January 21, the Board of Directors of the company elected Thomas L. Williams, 56, as CEO of the company, effective February 1, and as a director of the company, effective January 21.
January 14, 2015
09:31 EDTPHParker-Hannifin continues to have risk to 2015 outlook, says Cleveland Research
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