New Products, Aircraft Testing, and Earnings Releases - Research Reports on John Deere, Lockheed Martin, Precision Castparts, Manitowoc and Cummins

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

Today, Analysts Review released its research reports regarding Deere & Company (NYSE: DE), Lockheed Martin Corporation (NYSE: LMT), Precision Castparts Corp (NYSE: PCP), The Manitowoc Company, Inc (NYSE: MTW) and Cummins Inc (NYSE: CMI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5438-100free.

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Deere & Company Research Reports
On July 11, 2014, Deere & Company (John Deere) announced the launch of its new offering, ForestSight™, an integrated suite of technology solutions that brings the machine, technology, and the dealer together to help loggers better manage their equipment and operations. Jena Holtberg-Beng, Director, John Deere WorkSight™ and ForestSight, said, "Loggers demand more uptime. With the support of a dealer, the technology solutions available under the ForestSight umbrella work together to help loggers automate their business processes and stay on top of their machine health." The Company stated that ForestSight optimizes machines by letting loggers and dealers see machines that are idling excessively or inactive, optimizes uptime by integrating machine data, prognostics and remote diagnostic tools combined with dealer support, and optimizes jobsites as well by letting loggers and dealers to see when and where machines are working, how many cycles they are completing and how much time operators spend out of the cab. The full research reports on John Deere are available to download free of charge at:

http://www.analystsreview.com/Aug-05-2014/DE/report.pdf

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Lockheed Martin Corporation Research Reports
On July 30, 2014, Lockheed Martin Corporation (Lockheed Martin) announced that its F-35B has completed the wet runway and crosswind testing at Edwards Air Force Base, California required for getting the U.S. Marines Corps Initial Operational Capability (IOC) certification. "This testing is absolutely critical to 2B flight software fleet release and the Marine Corps' IOC," said J.D. McFarlan, Lockheed Martin's Vice President for F-35 Test & Verification. "Collectively, the results support clearing the 20 knot crosswind envelope for Conventional Take Off & Landings (CTOL), Short Take Offs (STO) and Short Landings (SL), with ideal handling quality ratings and meaningful improvement over legacy 4th generational fighter aircraft." According to the Company, the F-35 Lightning II, a 5th generation fighter, has the features of advanced low observable stealth technology with fighter speed and agility, fully fused sensor information, network-enabled operations and advanced sustainment. The full research reports on Lockheed Martin are available to download free of charge at:

http://www.analystsreview.com/Aug-05-2014/LMT/report.pdf

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Precision Castparts Corp Research Reports
On July 24, 2014, Precision Castparts Corp (Precision Castparts) announced its financial results for Q1 FY 2015 (period ended June 29, 2014). Net sales grew 6.8% YoY to $2,528 million, primarily on account of a 17.6% YoY increase in revenues of Airframe Products segment due to boost in demand for key components and more aggressive shipment schedules. Net income came in at $483 million or $3.31 per diluted share as compared to $436 million or $2.96 per diluted share in Q1 FY 2014. The full research reports on Precision Castparts are available to download free of charge at:

http://www.analystsreview.com/Aug-05-2014/PCP/report.pdf

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The Manitowoc Company, Inc Research Reports
On July 30, 2014, The Manitowoc Company, Inc (Manitowoc) announced its financial results for Q2 2014. During the quarter, the Company's net sales declined by 2.3% YoY to $1,012.8 million, primarily on account of a 6.4% YoY decline in revenue in its Cranes and related products segment as orders were impacted by prolonged economic pressures from the North American boom truck and rough-terrain crane markets, limited activity in Latin America and the Greater Asia/Pacific region, and ongoing project delays in Russia. The Company generated net profit of $46.6 million or $0.34 per diluted share as compared to $57.6 million or $0.43 per diluted share in Q2 2013. The full research reports on Manitowoc are available to download free of charge at:

http://www.analystsreview.com/Aug-05-2014/MTW/report.pdf

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Cummins Inc Research Reports
On July 28, 2014, Cummins Inc. (Cummins) announced its Q2 FY 2014 (period ended June 29, 2014) financial results. Net sales increased by 6.9% YoY to $4,835 million, driven by stronger demand in on-highway markets and distributor acquisitions in North America. On a regional basis, revenues in North America grew at a strong 14% YoY, while revenues from the international markets declined by 1% YoY. Net profit came in at $446 million or $2.43 per diluted share as compared to $414 million or $2.20 per diluted share in Q2 2013. For full-year 2014, the Company expects revenues to grow between 8% and 11%, up from its previous forecast of 6%-10%, driven by improving demand in North America, with EBIT expected to be in the range of 12.75% to 13.25% of sales. The full research reports on Cummins are available to download free of charge at:

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

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EDITOR'S NOTES:
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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.

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