Be on Top of the Latest Happenings: New Research on Terex, Textron, Thermo Fisher, Timken, and Toll Brothers
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, January 29, 2015 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including Terex (NYSE: TEX), Textron (NYSE: TXT), Thermo Fisher (NYSE: TMO), Timken (NYSE: TKR), and Toll Brothers (NYSE: TOL). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
To access our full PDF reports on a complementary basis, please visit the links below.
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Today's update concerns the following companies:
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Full PDF Download Links (you may have to copy and paste the following links into your browser):
TEX Research Report: ( http://get.analystsreview.com/pdf/?c=Terex&d=29-Jan-2015&s=TEX ),
TXT Research Report: ( http://get.analystsreview.com/pdf/?c=Textron&d=29-Jan-2015&s=TXT ),
TMO Research Report: ( http://get.analystsreview.com/pdf/?c=Thermo%20Fisher&d=29-Jan-2015&s=TMO ),
TKR Research Report: ( http://get.analystsreview.com/pdf/?c=Timken&d=29-Jan-2015&s=TKR ),
TOL Research Report: ( http://get.analystsreview.com/pdf/?c=Toll%20Brothers&d=29-Jan-2015&s=TOL ).
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Analyst Update: Joint Ventures, Scheduled Earnings, Agreements, and Financial results
Reviewed by: Rohit Tuli, CFA®
The U.S. stocks fell on Wednesday, weighed down by sharp decline in the energy stocks following further decline in the oil prices. Investors were also seen fleeing to the U.S. government bonds on Wednesday, sending the yield on 10-year bonds to their lowest level since May 2013, after Federal Reserve said that it will remain "patient" while deciding when to raise the interest rates as inflation remained below forecasts. The U.S. Fed's statement came after first policy-setting meeting of the year. The Dow Jones Industrial Average fell 1.13% to close at 17,191.37, the S&P 500 lost 1.35% to close at 2,002.16, and the Nasdaq Composite declined 0.93% to end at 4,637.99. Meanwhile, European markets witnessed a choppy session on Wednesday as major indexes came under pressure amid continued slump in Greek stocks. In Asia, markets ended on a mixed note as investors remained cautious following weak cues from the overseas markets on the back of disappointing U.S. earnings and durable-goods orders data.
Terex Corporation (Terex) has successfully formed its Joint Venture with Manitex International, Inc. (Manitex) by completing the previously announced sale of 51% of A.S.V., Inc. to Manitex. Included in the transaction are ASV's Grand Rapids, MN manufacturing facility and certain assets held at Terex's Southaven, MS distribution center.
Textron Inc.'s (Textron) E-Z-GO along with DSG Tag Systems Inc. announced the continuation of their exclusive agreement to co-market and sell DSG Tag GPS-based fleet-management solutions through E-Z-GO's worldwide sales channels through May 20, 2015.
Thermo Fisher Scientific Inc. (Thermo Fisher) has signed an agreement with Cynvenio Biosystems Inc., a molecular testing company focused on the genomic analysis of tumor biomarkers in the bloodstream, for rights to distribute its LiquidBiopsy platform.
Timken Company (Timken) to release its 2014 fourth-quarter and full-year financial results on Thursday, January 29, 2015, prior to the opening of the New York Stock Exchange. The Company will host a conference call on the same day, at 11:00 a.m. ET, to discuss its financial performance.
Toll Brothers Inc. (Toll Brothers) announced its Q4 FY 2014 financial results with net income of $131.5 million, or $0.71 per diluted share, versus $94.9 million, or $0.54 per diluted share, in Q4 FY 2013. Revenues of $1.35 billion were up 29% YoY while home building deliveries of 1,807 units increased 22% YoY.
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About Analysts Review
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Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.
Compliance Procedure: Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA®. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
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