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Stock Market & Financial Investment News

News Breaks
February 26, 2014
07:14 EDTITT, FLS, NPO, GE, CR, GGG, WTS, AME, BMI, XYL, LAYN, ATU, PWR, NFGGabelli to hold a conference
24th Annual Industrial Flow & Infrastructure Conference is being held in New York on February 26.
News For XYL;NFG;ATU;BMI;PWR;LAYN;AME;WTS;GE;FLS;GGG;NPO;ITT;CR From The Last 14 Days
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February 4, 2016
07:16 EDTXYLXylem sees FY16 EPS $1.95-$2.05, consensus $2.01
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07:02 EDTXYLXylem reports Q4 adjusted EPS 60c, consensus 60c
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05:50 EDTITTITT's Cannon receives EN3645 for Circular Series connectors
ITT Corporation's Cannon brand has received EN3645 certification for its aluminum and composite Circular Series III connectors, certified in the United States under MIL-DTL-38999. The certification followed testing, site audits and data collection by the AeroSpace and Defence Industries Association of Europe - Standardization.
February 3, 2016
17:18 EDTFLSFlowserve launches new magnet submersible motor
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10:00 EDTBMIOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: ADT Corp. (ADT) upgraded to Equal Weight from Underweight at Morgan Stanley... Badger Meter (BMI) upgraded to Outperform from Neutral at Baird... Boot Barn (BOOT) upgraded to Buy from Neutral at B. Riley... Chipotle (CMG) upgraded to Outperform from Market Perform at Wells Fargo... Dow Chemical (DOW) upgraded to Top Pick from Outperform at RBC Capital... Electro Scientific (ESIO) upgraded to Buy from Hold at Needham... Hyatt (H) upgraded to Outperform from Market Perform at Wells Fargo... Intel (INTC) upgraded to Neutral from Sell at Goldman... Mallinckrodt (MNK) upgraded to Buy from Neutral at Mizuho... Michael Kors (KORS) upgraded to Neutral from Sell at Citi... NeoPhotonics (NPTN) upgraded to Strong Buy from Outperform at Raymond James... PGT, Inc. (PGTI) upgraded to Buy from Hold at Craig-Hallum... Performance Sports Group (PSG) upgraded to Outperform from Neutral at Wedbush... Superior Drilling (SDPI) upgraded to Buy from Neutral at Roth Capital... Syntel (SYNT) upgraded to Buy from Hold at Maxim... Valley National (VLY) upgraded to Overweight from Neutral at Piper Jaffray... Willis Towers Watson (WLTW) upgraded to Buy from Neutral at SunTrust.
07:51 EDTPWREngineering stock selloff on oil overdone, says JPMorgan
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05:47 EDTBMIBadger Meter upgraded to Outperform from Neutral at Baird
Baird analyst Richard Eastman upgraded Badger Meter (BMI) to Outperform saying the company's three year contract win with American Water (AWK) is very positive. Eastman raised his price target for the shares to $63 from $59 ahead of the company's Q4 results on Friday.
February 2, 2016
10:01 EDTGEGE Appliances agrees to four-year contract extension with Taylor Morrison
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February 1, 2016
16:24 EDTFLSFlowserve sees FY16 adjusted EPS $2.40-$2.75, consensus $2.98
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16:23 EDTFLSFlowserve says undertaking 'significant' additional cost cuts
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16:21 EDTFLSFlowserve sees Q4 bookings roughly $968M, including $56M from SIHI
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16:20 EDTFLSFlowserve cuts FY15 adjusted EPS view to $3.08-$3.13 from $3.10-$3.40
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16:17 EDTFLSFlowserve sees Q4 adjusted EPS 89c-94c, consensus 92c
Sees Q4 revenue roughly $1.2B, consensus $1.18B.
15:17 EDTBMIBadger Meter awarded three-year contract with American Water
Badger Meter announced it has been awarded a three-year contract to supply water meters and metering systems to American Water, the nation's largest publicly traded water and wastewater utility company.
09:07 EDTGEGE to stop making coiled compact fluorescent lamps for U.S. market
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08:32 EDTGEGE Hitachi Nuclear Energy completes services outage at PWR facility
GE Hitachi Nuclear Energy announced the successful completion of its first services outage at a Pressurized Water Reactor, or PWR, facility. The outage, completed in partnership with Exelon Generation at the R.E. Ginna Nuclear Power Plant in Ontario, New York, was completed under budget and ahead of schedule with no safety-related or human performance issues. GEH is a part of a global nuclear alliance created by GE and Hitachi to serve the global nuclear industry.
05:46 EDTGEGE Oil & Gas reports over $700M of customer agreements
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05:44 EDTGEGE Oil & Gas announces investments in Italy worth $600M
GE Oil & Gas announced a new Memorandum of Understanding that will lead to the investment of $600M over the next five years in Italy. The MoU was signed today in Florence by GE Oil & Gas at a ceremony attended by the Minister of Economic Development Federica Guidi, the President of Tuscany Region Enrico Rossi, GE's Chairman and CEO Jeff Immelt, the President and CEO of GE Italia Sandro De Poli, the President and CEO of GE Oil & Gas Lorenzo Simonelli and the President of Nuovo Pignone Massimo Messeri. The investment in significant research, development and technological innovation in the country reaffirms GE Oil & Gas' commitment to the Italian market, and reinforces its cooperation with universities, SMEs and the regional economy where it operates. Tuscany is the home to Oil & Gas' Turbomachinery Solutions division and is also present in Lombardy, Calabria and Apulia. Another Memorandum of Understanding has been signed in the last weeks between Avio Aero - a GE Aviation business - and the Italian Minister of Economic Development, consisting of EUR200M over the next four years and involving Piedmont, Apulia and Campania, the geographical areas in which Avio Aero employs about 4,000 people. The MoU announced today will see GE Oil & Gas operations invest $600M over the next five years establishing a centre of global excellence in Tuscany for the oil and gas sector that will involve 500 highly qualified people coming from GE, universities, research labs, and small and medium-sized enterprises. The project aims at increasing Italian production by 50% and increase company revenue by $1.7B in five years. The program, named Galileo, supports the development of gas turbines and centrifugal compressors with a 5-65MW power range and innovative digital technologies covering their entire life cycle with aim of optimising the performance and operative life of the products.
January 29, 2016
09:34 EDTGEActive equity options trading on open: AMZN MSFT FB AAPL GILD GE
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06:10 EDTGEGE intends to invest $760M in Italy R&D facilities, Bloomberg reports
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