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Stock Market & Financial Investment News

News Breaks
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.
News For XYL From The Last 14 Days
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July 30, 2015
07:20 EDTXYLXylem sees 2015 adjusted EPS $1.82-$1.87, consensus $1.86
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07:19 EDTXYLXylem reports Q2 adjusted EPS 43c, consensus 43c
Reports Q2 revenue $920M, consensus $923.66M.
July 29, 2015
10:13 EDTXYLXylem awarded $6M rental contract for Panama Canal expansion
Xylem announced it is providing its heavy duty Godwin dewatering pumps to fill the third set of basin locks on the Pacific Ocean sector of the Panama Canal Expansion Program, with 1.7B gallons of water, as part of performance trials for the system prior to its commissioning. The Panama Canal Expansion Program is scheduled for completion in the second quarter of 2016.
July 20, 2015
07:18 EDTXYLXylem execution leads to growing constructive opinion at Canaccord
Canccord said they are clearly growing more constructive on Xylem following several quarters on the sidelines. The firm cited solid execution and operational initiatives that should prove beneficial this year, as well as bolt-on acquisition potential and the company's strong balance sheet. Canaccord maintains its Hold rating and $38 price target on Xylem shares.

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