New Tools, Stock Movements, Upcoming Earnings Schedules, Quarterly Results, and Positive Feedback on Innovative Designs - Analyst Notes on John Deere, Polypore, Ocean Power, Joy Global, and Manitowoc
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NEW YORK, March 13, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Deere & Company (NYSE: DE), Polypore International Inc. (NYSE: PPO), Ocean Power Technologies, Inc. (NASDAQ: OPTT), Joy Global, Inc. (NYSE: JOY), and Manitowoc Co. Inc. (NYSE: MTW). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
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Deere & Company Analyst Notes
On March 6, 2014, Deere & Company (John Deere) reported that starting 2015, the John Deere Construction & Forestry Division will provide a retrofit kit that will enable Interim Tier 4 (IT4) machines to be sold in countries where ultra-low sulfur diesel (ULSD) fuel is not accessible. According to John Deere, the kit is compatible with the Company's powered crawler dozers, wheel loaders, articulated dump trucks, motor graders, excavators, and backhoes. Andrew Kahler, Product Marketing Manager, Engine and Driveline, John Deere Construction & Forestry, commented, "This kit will allow customers in markets worldwide to run John Deere IT4 products that deliver premium performance, uptime and durability regardless of fuel sulfur level." The full analyst notes on Deere & Company are available to download free of charge at:
http://www.AnalystsReview.com/03132014/DE/report.pdf
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Polypore International Inc. Analyst Notes
On March 10, 2014, Polypore International Inc.'s (Polypore) stock increased 0.51%, ending the day at $35.26. Over the previous five trading sessions, shares of Polypore increased 3.68%, outperforming the Dow Jones Industrial Average which also gained 1.68% during the same period. The full analyst notes on Polypore International Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03132014/PPO/report.pdf
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Ocean Power Technologies, Inc. Analyst Notes
On March 7, 2014, Ocean Power Technologies, Inc. (Ocean Power Technologies) reported that it will release its Q3 FY 2014 financial results before the market opens on Friday, March 14, 2014. The Company will also hold a conference call to discuss these results at 10:00 a.m. ET on the same day. Interested parties can access a webcast by logging on to the Company's website, clicking on the Investor Relations tab, and then going to Webcasts & Presentations section. The full analyst notes on Ocean Power Technologies, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03132014/JOY/report.pdf
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Joy Global, Inc. Analyst Notes
On March 6, 2014, Joy Global, Inc. (Joy Global) reported its financial results for Q1 FY 2014 (period ended January 31, 2014). Joy Global reported quarterly net sales of $839.3 million, down 27.0% YoY. The Company's net income for the quarter stood at $48.9 million or $0.48 per diluted share, compared with $142.1 million or $1.33 per diluted share in Q1 FY 2013. Commenting on the results, Ted Doheny, President and CEO of Joy Global said, "While comparison with the first quarter of fiscal 2013 is difficult, I am pleased with our team's execution against plan in what is expected to be our slowest quarter of the fiscal year. During the quarter we continued to move forward on our cost reduction programs which will help mitigate the impact from lower volumes during the year. In addition, our continued execution of operational excellence and One Joy Global initiatives will position us well when market demand increases and provides us with the ability to generate improved leverage on future growth opportunities." Joy Global expects full-year FY 2014 revenues to be between $3.6 billion and $3.8 billion with diluted EPS (excluding restructuring and unusual items) in the range of $3.10 to $3.50. The full analyst notes on Joy Global, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03132014/JOY/report.pdf
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Manitowoc Co. Inc. Analyst Notes
On March 10, 2014, Manitowoc Co. Inc. (Manitowoc) reported that it received positive response to its new cranes and innovative crane designs at ConExpo 2014 in Las Vegas. During the five-day show, (which concluded on March 8, 2014), the Company launched a batch of ten technologically advanced products that it claims will significantly boost customers' job-site efficiency, operating cost, and profitability. Glen E. Tellock, Manitowoc's Chairman and CEO, commented, "Overall, Manitowoc had high expectations prior to ConExpo, and they were exceeded. Those that attended the show can certainly attest that the highlight of Manitowoc's exhibit was our new Variable Position Counterweight (VPC) crawler crane technology. The financial benefit of these crawler orders, as well as show orders for various Potain tower cranes and Grove mobile cranes, will positively affect 2015 financial results." The full analyst notes on Manitowoc Co. Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03132014/MTW/report.pdf
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