Product Line Expansion, Development Updates, Declared Dividends, Executive Appointment, and Closing of Transactions - Analyst Notes on A.O. Smith, Arotech, Belden, CIRCOR, and EnPro
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, March 12, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding A.O. Smith Corporation (NYSE: AOS), Arotech Corporation (NASDAQ: ARTX), Belden Inc. (NYSE: BDC), CIRCOR International, Inc. (NYSE: CIR), and EnPro Industries, Inc. (NYSE: NPO). 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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A.O. Smith Corporation Analyst Notes
On March 3, 2014, A.O. Smith Corporation (A.O. Smith) announced the launch of its latest high-efficiency residential water heater - the Vertex 100 Power Direct Vent 75-Gallon Gas Water Heater. The Company noted that the product is ENERGY STAR® qualified and has up to 96% thermal efficiency. "With the addition of the 75-gallon Vertex, the best gas water heater on the market gets better. This Vertex gives homeowners even more of what they want most out of their water heater: plenty of hot water when they need it and a high-efficiency design that reduces their energy costs and protects the environment. Vertex is able to provide these key benefits for homeowners all while giving our contractors the flexibility they need for a simple installation," said David Chisolm, Vice President of Marketing at A.O. Smith. The full analyst notes on A.O. Smith Corporation are available to download free of charge at:
http://www.AnalystsReview.com/03122014/AOS/report.pdf
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Arotech Corporation Analyst Notes
On March 6, 2014, Arotech Corporation (Arotech) announced advancement in the development of an iron flow battery to provide storage for grid power by its Battery and Power Systems Division. The Company informed that the announcement has come after achieving promising results in lab tests, and that the Company has also filed a patent application covering this new technology. "We are very pleased with the results from lab tests on this new technology, which opens a huge new market for us. While flow batteries themselves are not new technologies, with over fifty flow batteries installed globally as at the end of last year, our design uses a patent-pending iron chemistry providing the highest ROI, with the lowest total lifecycle, capital and maintenance costs. While this will be a multi-year development effort until commercialization, we believe that given the sheer size of the market, which is expected to exceed $400 billion by 2020, this is a project highly worthy of our R&D investment," said Robert S. Ehrlich, Chairman and CEO of Arotech. The full analyst notes on Arotech Corporation are available to download free of charge at:
http://www.AnalystsReview.com/03122014/ARTX/report.pdf
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Belden Inc. Analyst Notes
On March 5, 2014, Belden Inc. (Belden) announced that its Board of Directors has declared a regular quarterly dividend of $0.05 per share. The dividend is payable on April 2, 2014, to all shareholders of record as of March 18, 2014. The full analyst notes on Belden Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03122014/BDC/report.pdf
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CIRCOR International, Inc. Analyst Notes
On March 6, 2014, CIRCOR International, Inc. (CIRCOR) announced the appointment of Vincent Sandoval to the position of Group President of CIRCOR Aerospace & Defense division, effective March 19, 2014. Sandoval is currently the President of TransDigm Group, Inc.'s Semco Instruments subsidiary. "Vince has a proven track record of improving the operational performance and organic growth of global businesses under his command. I am confident that he is the right person to take the reins at CIRCOR Aerospace & Defense, as we continue to pursue our goal of improving operating margins, improving customer relationships and leveraging our existing businesses in this key segment," said Scott Buckhout, President and CEO of CIRCOR. The full analyst notes on CIRCOR International, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03122014/CIR/report.pdf
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EnPro Industries, Inc. Analyst Notes
On March 5, 2014, with a focus on product line and geographic expansion in its Sealing Products segment, EnPro Industries, Inc. (EnPro) announced the closing of transactions. Detailing the transactions, EnPro informed that its Stemco LP (Stemco) subsidiary has acquired the remaining interest of the Stemco Crewson LLC joint venture from Tramec, LLC; while Garlock Taiwan Corporation has acquired the assets of Strong-Tight Co. Ltd. (Strong-Tight). "Stemco Crewson enables Stemco to continue to grow in an attractive segment of its heavy-duty truck market. Strong-Tight provides Garlock an important toehold to increase the brand's presence in Asia. We look forward to their benefit," said Steve Macadam, President and CEO of EnPro. The full analyst notes on EnPro Industries, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03122014/NPO/report.pdf
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