New Appointments, New Projects, and Financial Results - Research Report on GE, Honeywell, Ingersoll Rand, Parker, and Zoltek
NEW YORK, August 14, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting General Electric Company (NYSE: GE), Honeywell International Inc. (NYSE: HON), Ingersoll Rand plc (NYSE: IR), Parker Hannifin Corporation (NYSE: PH), and Zoltek Companies, Inc. (NASDAQ: ZOLT). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
General Electric Company Research Report
On August 7, 2013, General Electric Company (GE) announced three new appointments. Olivier Fontan has been appointed Vice President, Global Supply Chain - GE China. According to the Company, Olivier will continue to lead supply chain manufacturing operations for Power & Water in Asia. Olivier has previously served as the General Manager, Manufacturing - Asia, GE Power & Water. The second appointment reported was of Marisa Harney, who most recently served as the Head of Corporate Credit Risk of Americas for Bank of America, and now she has been appointed Vice President and Chief Risk Officer of GE Capital Americas, GE Capital's North American lending and leasing business. In her new role, Marisa will lead the independent risk team responsible for managing enterprise risk across the platform including portfolios, systems, and processes. Lastly, Ernest Marshall has been appointed Vice President, Human Resources, GE Aviation. The Full Research Report on General Electric Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/6f32_GE]
Honeywell International Inc. Research Report
On August 7, 2013, UOP LLC (UOP), a Honeywell International Inc. (Honeywell) company, announced that it has been selected by Taiyo Oil Co. Ltd. (Taiyo) to supply technology and catalysts at Taiyo's Shikoku Operations in Ehime, Japan, to improve operational flexibility and increase petrochemical production. According to UOP, the plant will use UOP Tatoray process technology to increase yield of certain petrochemicals by more than 70%, and give the plant more flexibility to produce petrochemicals or gasoline according to the demand. UOP added that the unit is expected to start operations in 2014, and is expected to produce 300,000 metric tons per year of mixed xylene and high-purity beneze, which will require no further processing. The Full Research Report on Honeywell International Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/4b68_HON]
Ingersoll Rand plc Research Report
On August 8, 2013, Ingersoll Rand plc (Ingersoll Rand) announced the appointment of Virginia "Ginny" Mackin as Vice President of Communications and Brand Management, effective September 3, 2013. According to Ingersoll Rand, Mackin will lead the strategy for all internal and external communications, including media relations, brand management, community relations, company reputation management, and web communications in this role. Before joining Ingersoll Rand, Mackin served as the Senior Vice President and Chief Communications Officer of Duke Energy. 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.analystscorner.com/r/full_research_report/344f_IR]
Parker Hannifin Corporation Research Report
On August 6, 2013, Parker Hannifin Corporation (Parker) reported its Q4 FY 2013 and full-year FY 2013 financial results (period ended June 30, 2013). The Company's net sales increased 0.5% YoY to $3.4 billion in Q4 FY 2013, while net sales decreased 1% YoY to $13.0 billion for full-year FY 2013. Net income attributable to common shareholders stood at $271.2 million, or $1.78 per diluted share, in Q4 FY 2013, compared to $302.0 million, or $1.96 per diluted share, in Q4 FY 2012. For full-year FY 2013, net income attributable to common shareholders was $948.4 million, or $6.26 per diluted share, compared to $1.2 billion, or $7.45 per diluted share, in full-year FY 2012. Parker Chairman, Chief Executive Officer, and President, Don Washkewicz, said, "Our performance in fiscal year 2013 largely reflects challenging global macro-economic conditions and integration and acquisition related costs. As the year progressed, we continued to adapt to weak conditions and drive stronger operational performance finishing positively with record fourth quarter sales and our highest quarterly segment operating margin for the fiscal year at 14.5 percent." 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.analystscorner.com/r/full_research_report/ba4f_PH]
Zoltek Companies, Inc. Research Report
On August 9, 2013, Zoltek Companies, Inc. (Zoltek) reported its Q3 FY 2013 financial results (period ended June 30, 2013). The Company's net sales declined 37% YoY to $30.3 million. Net loss stood at $0.9 million, or $0.03 per diluted share, in Q3 FY 2013, compared to net income of $5.6 million, or $0.16 per diluted share, in Q3 FY 2012. Commenting on the results, Zsolt Rumy, Zoltek's Chairman and Chief Executive Officer, said, "The cyclical downturn in the wind energy market that began in the fourth quarter of fiscal 2012, continued to negatively affect our sales and operating results in the third quarter. However, in recent weeks we have seen a number of signs that demand in our sector of the wind energy market - supplying carbon fibers used in the manufacture of the biggest and most advanced wind turbines - is picking up again and will show renewed strength through at least the end of calendar year 2013." The Full Research Report on Zoltek Companies, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/cbb8_ZOLT]
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SOURCE Analysts' Corner
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