Dividends, Conference Participation, Ratified Agreement, Technical Updates, and New Offerings - Analyst Notes on Caterpillar, Xylem, Dresser-Rand, Watts Water Technologies and Mueller Systems
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, June 18, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Caterpillar Inc. (NYSE: CAT), Xylem Inc (NYSE: XYL), Dresser-Rand Group Inc. (NYSE: DRC), Watts Water Technologies, Inc. (NYSE: WTS) and Mueller Water Products, Inc. (NYSE: MWA). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3823-100free.
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Caterpillar Inc. Analyst Notes
On June 11, 2014, Caterpillar Inc.'s (Caterpillar) Board of Directors voted to increase the quarterly cash dividend by 17% to $0.70 per share of common stock, payable on August 20, 2014 to stockholders of record at the close of business on July 21, 2014. Doug Oberhelman, Caterpillar's Chairman and CEO, said, "This dividend increase demonstrates our financial strength and confidence in long-term prospects for the company. Despite business and economic uncertainties around the world, our balance sheet has remained strong - the strongest it's been in more than two decades - positioning us to perform through the cycles. In addition, our global team has delivered solid operational and financial performance, enabling Caterpillar to return over $5.0 billion of capital to stockholders through stock buybacks and dividends since the beginning of 2013." The full analyst notes on Caterpillar are available to download free of charge at:
http://www.analystsreview.com/Jun-18-2014/CAT/report.pdf
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Xylem Inc Analyst Notes
On June 12, 2014, Xylem Inc (Xylem) announced that Colin Sabol, Senior Vice President and President of the Company's Dewatering business unit will participate at the Citi Global Water Investment Conference on June 19, 2014 at the Citi Conference Center in New York. The conference will feature industry-leading panellists, and will discuss trending topics in the water industry. According to Xylem, Sabol will be a featured speaker on the panel entitled on the aforesaid date at 3:00 p.m. on a panel entitled "Next Big Things in Water." The full analyst notes on Xylem are available to download free of charge at:
http://www.analystsreview.com/Jun-18-2014/XYL/report.pdf
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Dresser-Rand Group Inc. Analyst Notes
On June 13, 2014, Dresser-Rand Group Inc. (Dresser-Rand) confirmed that members of the United Steelworkers Union Local 4601 representing 560 workers at the Company's Olean, New York facility, have ratified a new labor agreement, effective June 15, 2014 through June 14, 2017. Chris Rossi, Dresser-Rand's Executive Vice President, Global Operations, said that the agreement allows the Olean Operation to work together with the Union leadership to advance operational excellence initiatives to make further improvements in safety, quality, and cycle time. "I want to thank our employees for taking this positive step in ratifying a new contract that is fair and market competitive," Rossi added. The full analyst notes on Dresser-Rand are available to download free of charge at:
http://www.analystsreview.com/Jun-18-2014/DRC/report.pdf
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Watts Water Technologies, Inc. Analyst Notes
On June 13, 2014, Watts Water Technologies, Inc.'s stock increased 0.10%, ending the day $60.62. Over the previous three trading sessions, shares of the Company decreased 1.37% compared with S&P500, which also decreased 0.75% during the same trading period. The full analyst notes on Watts Water Technologies are available to download free of charge at:
http://www.analystsreview.com/Jun-18-2014/WTS/report.pdf
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Mueller Water Products, Inc. Analyst Notes
On June 11, 2014, Mueller Water Products, Inc. (Mueller Systems) reported that it now offers utilities the ability to remotely detect and monitor leaks in water distribution mains using Mi.Echo system, the Company's latest advanced metering infrastructure (AMI) feature. The Company informed that the system integrates acoustic-based leak detection technology from Echologics, a developer and provider of acoustic-based technologies for water loss management, leak detection, and pipe condition assessment and is part of the Mueller Water Products' Intelligent Water Technology (IWT) portfolio. It is also the only two-way AMI solution that incorporates components of the LeakFinderRT platform to enable utilities to detect and pinpoint leaks, which help utilities reduce non-revenue water while prioritizing and conducting repair projects. Hassan Ali, Vice President and General Manager of Mueller Systems, said, "By integrating technology into water infrastructure, we are giving utilities the ability to access data they can use to make educated decisions that improve the way they manage their water systems, conserve water and better serve their customers." The full analyst notes on Mueller Systems are available to download free of charge at:
http://www.analystsreview.com/Jun-18-2014/MWA/report.pdf
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