New Agreement, Financial Results, Senior Level Appointment, and Award - Research Reports on Danaher, Cummins, Parker, Raytheon and Fluor

NEW YORK, November 5, 2014 /PRNewswire/ --

Today, Analysts Review released its research reports regarding Danaher Corporation (NYSE: DHR), Cummins Inc. (NYSE: CMI), Parker-Hannifin Corporation (NYSE: PH), Raytheon Company (NYSE: RTN) and Fluor Corporation (NYSE: FLR). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7705-100free.

--
Danaher Corporation Research Reports
On October 13, 2014, Danaher Corporation (Danaher) announced that the Company has entered into a definitive agreement with NetScout Systems, Inc. (NetScout) to combine its Communications business with NetScout in a tax-free transaction, which will lead to the creation a premier global provider of network management tools and security solutions for carrier and enterprise customers. At the closing of the transaction, Danaher shareholders will receive approximately 60% of the issued and outstanding shares of NetScout after giving effect to the transaction. The transaction values the Company's communication business at $2.6 billion, based on NetScout's closing price of $41.91 on October 10, 2014. The transaction, which is expected to be tax-free for Danaher and its shareholders, is anticipated to close in 2015. The full research reports on Danaher are available to download free of charge at:

http://www.analystsreview.com/Nov-05-2014/DHR/report.pdf

--
Cummins Inc. Research Reports
On October 28, 2014, Cummins Inc. (Cummins) reported its Q3 FY 2014 and 9M FY 2014 financial results (period ended September 28, 2014). The Company reported 14.6% YoY improvement in its Q3 FY 2014 net sales to $4.9 billion, driven by stronger demand in on-highway markets and distributor acquisitions in North America, additional content growth for the Components business in Europe and China, and higher engine sales to commercial marine customers. Q3 FY 2014 net income attributable to Cummins came in at $423 million or $2.32 per diluted share, compared to $355 million or $1.90 per diluted share in Q3 FY 2013. On average, 25 analysts polled by Thomson Reuters expected the Company to report Q3 FY 2014 EPS (excluding special items) of $2.28. The Company's 9M 2014 net sales improved 11.2% YoY to $14.1 billion, while net income attributable to Cummins stood at $1.2 billion, up 14.8% YoY. For full-year 2014, the Company expects revenue growth in the range of 10%-12%. The full research reports on Cummins are available to download free of charge at:

http://www.analystsreview.com/Nov-05-2014/CMI/report.pdf

--
Parker-Hannifin Corporation Research Reports
On October 30, 2014, Parker-Hannifin Corporation (Parker) announced that the Company has named Robert Malone as Vice President and President - Filtration Group and an Officer of the Company, effective December 1, 2014. Robert Malone succeeds Peter Popoff, who will retire effective February 1, 2015. Tom Williams, Executive Vice President and Operating Officer, commented, "Following Parker's well established practice of planned succession, we are fortunate to have someone of Rob's caliber to step into this role and continue to pursue our target to grow Parker's leadership position in the global filtration market. I am confident he will lead the group to ongoing success much as his track record and experience indicates in previous leadership positions." The full research reports on Parker are available to download free of charge at:

http://www.analystsreview.com/Nov-05-2014/PH/report.pdf

--
Raytheon Company Research Reports
On October 31, 2014, Raytheon Company (Raytheon) reported that the Company's Senior Vice President, General Counsel and Corporate Secretary Jay B. Stephens has been named as the New England Legal Foundation's first annual John G.L. Cabot Award honoree in recognition of his distinguished service and leadership in both the public and private sectors. Martin Newhouse, President of the New England Legal Foundation, a non-profit, public-interest foundation, said, "No one epitomizes better than Jay Stephens the qualities that the John G.L. Cabot Award seeks to honor: wise leadership, sound judgment and profound legal knowledge." The full research reports on Raytheon are available to download free of charge at:

http://www.analystsreview.com/Nov-05-2014/RTN/report.pdf

--
Fluor Corporation Research Reports
On October 30, 2014, Fluor Corporation (Fluor) reported 18.6% YoY decline in its Q3 2014 revenue to $5.4 billion, trailing the Zacks Consensus revenue estimate of $6.2 billion. During the quarter, the Company's Oil & Gas revenue improved 11.7% YoY to $3.2 billion; Industrial & Infrastructure revenue declined 54.4% YoY to $1.2 billion; Government revenue declined 8.9% YoY to $615.7 million; Global Services revenue declined 6.1% YoY to $140.5 million; and power revenue declined 21.5% YoY to $236.9 million. Q3 2014 net earnings attributable to Flour stood at $69.5 million or $0.44 per diluted share, compared to $173.0 million or $1.05 per diluted share in Q3 2013. The Company's Q3 2014 net earnings from continuing operations stood at $1.15, surpassing Zacks consensus estimate of $1.10. The Company reported 9M 2014 revenue of $16.1 billion, down 23.7% YoY and net earnings attributable to Fluor of $296.4 million, down 40.8% YoY. For full-year 2014, the Company expects diluted EPS from continuing operations in the range of $4.10 - $4.30, compared to the previous range of $4.10 to $4.45. The full research reports on Fluor are available to download free of charge at:

http://www.analystsreview.com/Nov-05-2014/FLR/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.

SOURCE Analysts Review

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED