Leadership Appointments, New Combined Facilities, Strategic Divestitures, and Technical Updates - Analyst Notes on Eaton, Colfax, ExOne, Actuant and Polypore
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, June 25, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Eaton Corporation (NYSE: ETN), Colfax Corporation (NYSE: CFX), The ExOne Company (NASDAQ: XONE), Actuant Corporation (NYSE: ATU) and Polypore International Inc. (NYSE: PPO). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4079-100free.
Eaton Corporation Analyst Notes
On June 17, 2014, Eaton Corporation (Eaton) announced the appointment of Astrid Mozes as the Chief Technology Officer for the Company's Hydraulics Group. Commenting on the appointment, Bill VanArsdale, President of Hydraulics Group, whom Ms. Mozes will report to, said, "Astrid's technical and market expertise is ideally suited for this role. This new position is key in our transformation toward commercial excellence. We are excited to have Astrid in this role to drive our goals around innovation and new product development." Ms. Mozes joined Eaton in 1990 and has held several positions in sales, marketing, product management, business development and strategic planning. The full analyst notes on Eaton are available to download free of charge at:
http://www.analystsreview.com/Jun-25-2014/ETN/report.pdf
Colfax Corporation Analyst Notes
On June 20, 2014, Colfax Corporation (Colfax) stock increased slightly to end the day at $74.70 compared to the previous day's closing price of $74.00, representing close to a one percent growth. At the close of the session, the RSI reading of the stock had reached 92.52, suggesting an overbought stock. From June 16, 2014, the shares prices have risen continuously, gaining 2.09% since that date. In comparison, the broader market indices, Dow Jones Industrial Average and Standard & Poor's 500, have registered slightly lesser gains of 1.02% and 1.37%, respectively, over the same period of time. The full analyst notes on Colfax are available to download free of charge at:
http://www.analystsreview.com/Jun-25-2014/CFX/report.pdf
The ExOne Company Analyst Notes
On June 19, 2014, The ExOne Company (ExOne) announced its plans to open a combined Production Service Center (PSC) and Machine Sales Center in the Lombardy region of Italy on August 1, 2014. The Company informed that the location, consisting of approximately 3,300 square foot leased facility, was selected due to its close proximity to foundries and operations supporting the aviation, automotive and other industries around Milan, Torino and Venetiau. Commenting on its plans, Rainer Hoechsmann, Chief Development Officer and General Manager of ExOne GmbH, said, "The opening of our new combined sales and PSC facility in Italy will help us to drive further revenue growth in Europe, consistent with our expansion strategy. Italy has been a strong source of work for our existing European PSC and this new location, combined with onsite demonstration of our 3D printing capabilities using our binder jetting technology, will enable our growing list of customers and prospects in Italy to experience how our machines and products can directly change and benefit their business." The full analyst notes on ExOne are available to download free of charge at:
http://www.analystsreview.com/Jun-25-2014/XONE/report.pdf
Actuant Corporation Analyst Notes
On June 16, 2014, Actuant Corporation (Actuant) announced that it has successfully divested its Recreational Vehicle (RV) business to Drew Industries. The Company informed that its RV business designs and manufactures motorhome leveling and room slide-out systems, and retractable steps, predominately under the PowerGear and Kwikee brand names. Mark Goldstein, Actuant CEO, commented, "We are pleased to have completed the divestiture of the RV business to a strategic buyer whose complementary product offerings provide a clear fit for the business. The sale is part of our ongoing portfolio management efforts to proactively focus Actuant on our four macro growth markets of Energy, Infrastructure, Food/Farm Productivity and Natural Resources/Sustainability, where we can build meaningful positions and support our strategic growth initiatives." The business which has annual revenues of approximately $30 million was sold for total cash proceeds of approximately $35.0 million, and is expected to be recorded as an aggregate net gain on the Company's financial statements. The full analyst notes on Actuant are available to download free of charge at:
http://www.analystsreview.com/Jun-25-2014/ATU/report.pdf
Polypore International Inc. Analyst Notes
On June 20, 2014, Polypore International, Inc. (Polypore) stock ended the day at $47.42, clocking a 1.74% growth over its previous day's closing price. The Company's stock has increased 0.92% over the past five trading days, compared to the Dow Jones Industrial Average which grew 1.02% and to Standard & Poor's 500 which went up 1.37% during the same trading period. The full analyst notes on Polypore are available to download free of charge at:
http://www.analystsreview.com/Jun-25-2014/PPO/report.pdf
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.
===============
EDITOR'S NOTES:
===============
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.
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.
NOT FINANCIAL ADVICE
Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
http://www.analystsreview.com/
SOURCE Analysts Review
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article