Recent Developments in Capital Goods Sector: Special Research on Friedman, Gorman-Rupp, Intelligent Systems, inTest, and Kelso

NEW YORK, February 5, 2015 /PRNewswire/ --

Moments ago, Analysts Review released new research updates concerning several important developing situations including Friedman (NYSEMKT: FRD), Gorman-Rupp (NYSEMKT: GRC), Intelligent Systems (NYSEMKT: INS), inTest (NYSEMKT: INTT), and Kelso (NYSEMKT: KIQ). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.

To access our full PDF reports on a complementary basis, please visit the links below.

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Today's update concerns the following companies:

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Full PDF Download Links (you may have to copy and paste the following links into your browser):

FRD Research Report: ( http://get.analystsreview.com/pdf/?c=Friedman&d=05-Feb-2015&s=FRD ),

GRC Research Report: ( http://get.analystsreview.com/pdf/?c=Gorman-Rupp&d=05-Feb-2015&s=GRC ),

INS Research Report: ( http://get.analystsreview.com/pdf/?c=Intelligent%20Systems&d=05-Feb-2015&s=INS ),

INTT Research Report: ( http://get.analystsreview.com/pdf/?c=inTest&d=05-Feb-2015&s=INTT ),

KIQ Research Report: ( http://get.analystsreview.com/pdf/?c=Kelso&d=05-Feb-2015&s=KIQ ).

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Analyst Update: Dividends, Scheduled Annual Meeting, Updates on Strategic Plans, Quarterly Results, and Leadership Changes

Reviewed by: Rohit Tuli, CFA®  

Snapping two-day long winning streak, the U.S. benchmark indices ended lower on Wednesday as the European Central Bank (ECB) tightened restrictions on Greece's bailout and as oil prices retreated after four consecutive sessions. While the Dow Jones Industrial Average ended almost flat for the day, the S&P 500 and the Nasdaq Composite indexes finished lower by 0.42% and 0.23%, respectively. The ECB on Wednesday said that it would no longer accept junk-rated Greece government debt as collateral for loans. The move came as a huge blow to the Greece's new government which has been seeking to renegotiate the terms of bailout with its lenders. Meanwhile, European stocks rose for the third straight session on Wednesday, helped by rise in the health care stocks and the Greece market which also overshadowed the decline in energy stocks. Asian stocks mostly ended higher on Wednesday, tracking gains in the European and the US markets.

Friedman Industries Inc.'s (Friedman) Board of Directors declared a cash dividend of $0.02 per share on its common stock, payable on February 13, 2015. Earlier in its Q2 FY 2014 financial results, the Company posted net earnings of $0.7 million, compared with $27,659 in Q2 FY 2013. Net sales for the quarter also increased to $31.5 million from $26.3 million in Q2 FY 2013.

The Gorman-Rupp Company's (Gorman-Rupp) Board of Directors has scheduled its Annual Meeting of Shareholders for Thursday, April 23, 2015. Shareholders of record at the close of business on March 6, 2015 are entitled to notice of and to vote at the meeting.

Intelligent Systems Corporation (Intelligent Systems) plans to more actively explore strategic alternatives to enhance shareholder value. The Company was also approached with indications of interest for both of its major subsidiaries ChemFree Corporation and CoreCard Software.

inTest Corporation (inTest) announced Q3 2014 financial results with net revenues at $10.8 million, compared to $9.9 million in Q3 2013. During Q3 2014, bookings were $10.6 million, compared with $10.4 million in Q3 2013.

Kelso Technologies Inc (Kelso) provided an update on the various changes to its organizational structure to meet the challenges of future business development. Mr. Anthony (Tony) J. Andrukaitis was appointed as the Executive Vice President of Business Development for the Company. 

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About Analysts Review  

At Analysts Review, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

Analysts Review was designed for investors. By providing the best information available, we have set ourselves apart as one of the premier online investor communities.

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Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.

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.

Further Resources: For more information about this release including editorial notes, compliance procedures and legal disclosures, please visit: http://www.analystsreview.com/editors

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