Innovations, M&A Driving Growth for Machine Makers - Research Report on Ingersoll-Rand, Babcock & Wilcox, Parker-Hannifin, Illinois Tool Works and Pall
NEW YORK, March 5, 2013 /PRNewswire/ --
Today, Investors Alliance announced new research reports highlighting Ingersoll-Rand Plc (NYSE:IR), The Babcock & Wilcox Company (NYSE:BWC), Parker-Hannifin Corporation (NYSE:PH), Illinois Tool Works Inc. (NYSE:ITW) and Pall Corporation (NYSE:PLL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Ingersoll-Rand Plc Research Report
Ingersoll-Rand recently saw insider trading from one of the members of its Board of Directors, with John Bruton purchasing over 1,100 shares of the company's stock last week at an average price of $53.41 per share, increasing his total of 3,600 shares. This comes despite drops in net income and revenue in Q4 2012. Ingersoll-Rand earned $235.6 million or 78 cents per share for the period, 3 percent lower year over year from $242.2 million or 76 cents per share, and revenue of $3.47 billion, or 1 percent less than the $3.51 billion posted the same period in 2011. In comparison, analysts expected earnings of 71 cents per share and revenue of $3.45 billion. For 2013, the company expects earnings between $3.45 and $3.65 per share and revenue at the range of $14.2 billion to $14.6 billion. The Full Research Report on Ingersoll-Rand Plc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/7443_IR]
The Babcock & Wilcox Company Research Report
Babcock & Wilcox reported Q4 2012 net income of $39.7 million, or 33 cents per diluted share, coming from a loss of $63 million, or 53 cents per share, in the same period in 2011. Revenue came in $865.3 million, up from $800.8 million a year earlier. In comparison, analysts expected earnings per share of 42 cents and revenue of $841.7 million. In addition, the company repurchased 3.9 million shares at $96.8 million during the period under its $250 million share repurchase program. However, management expects revenue of $3.4 to $3.55 billion and earnings per share of $2.25 to $2.45 for fiscal year 2013 as Babcock & Wilcox focusing more on strengths and improving efficiency and effectiveness. The Full Research Report on The Babcock & Wilcox Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/5427_BWC]
Parker-Hannifin Corporation Research Report
Parker Hannifin signed an agreement with Shepherd Center, which specializes on spinal cord injury or brain injury treatment and research, to support the commercialization of Parker's exoskeleton device Indego. The medical institution will be the lead rehabilitation center for clinical testing of the device, and will create clinical protocols for the use of the device. Indego, which will go on sale in 2014, has received positive feedback from patients and clinicians for being the only robotic exoskeleton wearable while the patient is in his or her own wheelchair, as well as in a vehicle or even a restaurant booth. In other news, Parker Hannifin increased its regular quarterly cash dividend to 43 cents per share payable on March 1, 2013. The Full Research Report on Parker-Hannifin Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/54eb_PH]
Illinois Tool Works Inc. Research Report
Illinois Tool Works announced that it has begun a review process to explore alternatives for its Industrial Packaging segment, including its sale or spinoff. The segment designs and manufactures steel, plastic and paper products used for bundling, shipping, and protecting transported goods. Brands from the segment include Signode, Strapex, Angleboard and Mima, and generated revenues of approximately $2.4 billion in 2012. The company started reviewing some segments last year in an effort to shed unprofitable lines or combine units. In October it sold a 51 percent stake in its decorative services business for $1.1 billion, which followed the sale of its laminates business and its paint finishing business. The Full Research Illinois Tool Works Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/7617_ITW]
Pall Corporation Research Report
Pall reported its second quarter 2013 results, with earnings of 73 cents per share or 9 percent higher than the previous year's 67 cents, while revenue inched up 3.5 percent year over year to $662.5 million including sales in local currency. In comparison, analysts expected earnings of 75 cents per share and revenue of $636 million. However, weak macroeconomic conditions, particularly in Europe and some of the markets in America, is a concern, and the company also expects slow or moderate overall growth for the year. Nevertheless, Pall has taken some cost reduction initiatives with a focus on the Industrial segment's performance. For fiscal year 2013, management expects earnings to be in the range of $2.95 to $3.15. The Full Research Report on Pall Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/3ffd_PLL]
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SOURCE Investors-Alliance
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