Acquisitions, Updated Earnings Outlook, Leadership Changes, Recognitions, and Dividends - Analyst Notes on ATI, Valmont, Tennant, Donaldson and CLARCOR
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NEW YORK, July 1, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Allegheny Technologies Incorporated (NYSE: ATI), Valmont Industries, Inc. (NYSE: VMI), Tennant Company (NYSE: TNC), Donaldson Company, Inc. (NYSE: DCI) and CLARCOR Inc. (NYSE: CLC). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4311-100free.
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Allegheny Technologies Incorporated Analyst Notes
On June 13, 2014, Allegheny Technologies Incorporated (ATI) announced that it has acquired Hanard Machine, Inc. (Hanard). ATI informed that post the acquisition, Hanard will operate as ATI Cast Products, Salem Operations, and will be a part of the Company's titanium investment casting business, located in Albany, Oregon. "The acquisition of Hanard Machine is consistent with our strategy to create value for our customers and stockholders by expanding our capabilities to produce finished specialty materials parts and components. With this acquisition, ATI is now integrated in the production of titanium investment castings from titanium sponge to precision machined finished parts," said Rich Harshman, Chairman, President and CEO of ATI. The full analyst notes on ATI are available to download free of charge at:
http://www.analystsreview.com/Jul-01-2014/ATI/report.pdf
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Valmont Industries, Inc. Analyst Notes
On June 24, 2014, Valmont Industries, Inc. (Valmont) released updates on its earnings outlook for full-year 2014. According to the Company, it has revised its full-year 2014 diluted EPS guidance range to $9.35 to $9.65 from its previous anticipation of $10.00 to $10.50 to reflect the more challenging environment in its North American utility structures business as well as the continued weakness in the Australian economy. For Q2 2014, the Company expects diluted EPS of $2.35 to $2.40, compared to the record $3.33 diluted EPS in Q2 2013. Valmont informed that it will report its Q2 2014 earnings on July 17, 2014. The full analyst notes on Valmont are available to download free of charge at:
http://www.analystsreview.com/Jul-01-2014/VMI/report.pdf
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Tennant Company Analyst Notes
On June 12, 2014, Tennant Company (Tennant) announced that it has appointed Carol E. McKnight to the position of Senior Vice President of Global Human Resources. Tennant informed that McKnight in her new role will replace Tom Dybsky, who will retire from the Company in July 2014. Prior to joining Tennant, McKnight served as Vice President of Human Resources for Alliant Techsystems, Inc. "We are excited to have Carol join our leadership team. Her experience in change management, talent acquisition, organization design and development, and compensation will be critically important in supporting our global growth agenda," said Chris Killingstad, Tennant's President and CEO. "I am confident that Carol is the perfect choice for Tennant as we pursue our global growth goals." The full analyst notes on Tennant are available to download free of charge at:
http://www.analystsreview.com/Jul-01-2014/TNC/report.pdf
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Donaldson Company, Inc. Analyst Notes
On June 16, 2014, Donaldson Company, Inc. (Donaldson) reported that it has been ranked on the Minneapolis Star Tribune's Top 100 Workplaces list, for the second time. The Company ranked number 25 among large Minnesota companies. "It is an honor to again have our Employees' feedback result in Donaldson being named a top workplace in the Twin Cities," said Sandee Joppa, Vice President of Human Resources at Donaldson. "Our Employees are the most important factor in our success. Many thanks to each person who responded to the WorkplaceDynamics survey and to all our Minnesota-based Employees for their commitment to making Donaldson a top employer in our state." The full analyst notes on Donaldson are available to download free of charge at:
http://www.analystsreview.com/Jul-01-2014/DCI/report.pdf
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CLARCOR Inc. Analyst Notes
On June 24, 2014, CLARCOR Inc. reported that its Board of Directors has declared a regular quarterly dividend of $0.17 per share of common stock. The Company informed that the dividend is payable on July 18, 2014 to shareholders of record as of July 7, 2014. The full analyst notes on CLARCOR are available to download free of charge at:
http://www.analystsreview.com/Jul-01-2014/CLC/report.pdf
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