Certification, Award of Contracts, Technical Updates, and Financial Results - Research Reports on Cummins, Honeywell, Lennar, D.R. Horton and Deere & Company
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NEW YORK, August 22, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Cummins Inc. (NYSE: CMI), Honeywell International Inc. (NYSE: HON), Lennar Corporation (NYSE: LEN), D.R. Horton, Inc. (NYSE: DHI) and Deere & Company (NYSE: DE). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5913-100free.
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Cummins Inc. Research Reports
On August 15, 2014, Cummins Inc. (Cummins) announced that the Company has received certification for its 6.7L Turbo Diesel from the California Air Resources Board (CARB), meeting the Low-Emission Vehicle III (LEV III) standards. The Company informed that this new standard applies to all vehicles under 14,000 lb GVWR. According to Cummins, its 6.7L Turbo Diesel that powers the Ram Heavy-Duty lineup is the first medium-duty diesel engine in the 8,501lb -14,000 lb GVWR segment to be certified to the new 2015 LEV III standards. Jeff Caldwell, General Manager - Pickup Business said, "Being the first in this segment to certify to these new standards demonstrates our continued commitment to the environment, and meeting more stringent requirements without hardware changes allows us to maintain the proven capability and reliability that our customers have grown to expect." The full research reports on Cummins are available to download free of charge at:
http://www.analystsreview.com/Aug-22-2014/CMI/report.pdf
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Honeywell International Inc. Research Reports
On August 19, 2014, Honeywell International Inc. (Honeywell) announced that it has been selected by BW Offshore to remove contaminants from natural gas aboard a new Floating Production, Storage and Offloading (FPSO) vessel off the coast of Scotland. The Company stated that the vessel which will be leased to Premier Oil, will include its UOP SeparexTM Membrane System to remove carbon dioxide, while Company's UOP guard bed adsorbents will be used to remove mercury and hydrogen sulfide. Honeywell stated that the aim behind removing contaminants is to meet the export and end-user specifications, and to protect downstream equipment. According to the Company, this will be first FPSO in the North Sea to use a membrane-based treatment system. Honeywell informed that the BW Offshore's FPSO, which is scheduled to start in 2017, will be located approximately 125 miles east of Aberdeen, Scotland, in the Catcher oil field. The full research reports on Honeywell are available to download free of charge at:
http://www.analystsreview.com/Aug-22-2014/HON/report.pdf
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Lennar Corporation Research Reports
On August 19, 2014, Lennar Corporation's (Lennar) stock gained 3.33% to end the trading session at $38.80, outperforming the S&P 500 that moved up 0.50% over the same trading session. Shares in Lennar initiated the session at $38.46 and fluctuated between $38.40 and $39.00. The stock has a 52 week high of $44.40 and a 52 week low of $31.08. Over the past three months, the stock has strengthened 2.05%. The shares of the Company are trading below their 50-day moving average of $38.84 and above their 200-day moving average of $38.69. The full research reports on Lennar are available to download free of charge at:
http://www.analystsreview.com/Aug-22-2014/LEN/report.pdf
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D.R. Horton, Inc. Research Reports
On August 19, 2014, shares in D.R. Horton, Inc. (D.R. Horton) ended the day 3.27% higher at $21.82, extending its gains from previous trading session. D.R. Horton's stock opened the session at $21.58 and oscillated in the range of $21.51 - $21.93. Over the past twelve months, the stock has returned 15.39% outperforming the Dow Jones Industrial Average that returned 12.77% over the same period. The full research reports on D.R. Horton are available to download free of charge at:
http://www.analystsreview.com/Aug-22-2014/DHI/report.pdf
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Deere & Company Research Reports
On August 13, 2014, Deere & Company (Deere & Company) reported Q3 FY 2014 (period ended July 31, 2014) financial results with net sales and revenues of $9.5 billion, down 5.1% YoY. During the quarter, the Company's Agriculture and turf sales declined 11.2% YoY to $7.0 billion largely to lower shipment volumes, and the previously announced sales of John Deere Landscapes and John Deere Water. However, Construction and forestry sales improved 19.4% YoY to $1.8 billion mainly as a result of higher shipment volumes and price realization. Net income attributable to Deere & Company came in at $850.7 million or $2.33 per diluted share, compared to $996.5 million or $2.56 per diluted share in Q3 FY 2013. According to 21 analysts polled by Thomson Reuters, the Company was expected to post Q3 FY 2014 EPS of $2.20, while Wall Street analysts expected net sales and revenues of $8.75 billion. For 9M FY 2014 (period ended July 31, 2014) net sales and revenues declined 4.4% YoY to $27.1 billion, while net income attributable to Deere & Company stood at $2.5 billion, down 8.0% YoY. The full research reports on Deere & Company are available to download free of charge at:
http://www.analystsreview.com/Aug-22-2014/DE/report.pdf
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