Recent Developments in Industrial Sector: Special Research on Xylem, Acme United, Air Industries, Breeze-Eastern, and Coast Distribution
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, February 4, 2015 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including Xylem (NYSE: XYL), Acme United (NYSEMKT: ACU), Air Industries (NYSEMKT: AIRI), Breeze-Eastern (NYSEMKT: BZC), and Coast Distribution (NYSEMKT: CRV). 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):
XYL Research Report: ( http://get.analystsreview.com/pdf/?c=Xylem&d=04-Feb-2015&s=XYL ),
ACU Research Report: ( http://get.analystsreview.com/pdf/?c=Acme%20United&d=04-Feb-2015&s=ACU ),
AIRI Research Report: ( http://get.analystsreview.com/pdf/?c=Air%20Industries&d=04-Feb-2015&s=AIRI ),
BZC Research Report: ( http://get.analystsreview.com/pdf/?c=Breeze-Eastern&d=04-Feb-2015&s=BZC ),
CRV Research Report: ( http://get.analystsreview.com/pdf/?c=Coast%20Distribution&d=04-Feb-2015&s=CRV ).
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Analyst Update: Appointments, Awards, and Quarterly Results
Reviewed by: Rohit Tuli, CFA®
The U.S. stocks gained for the second consecutive session on Tuesday as a continued recovery in the oil prices coupled with rising hopes of a Greek debt deal eased some concerns over the global economy. Helped by rally in the energy shares, the S&P 500 index advanced 1.44% on Tuesday to close at 2,050.03. The index has advanced 2.76% over the last two sessions, erasing most of its decline in the month of January. The Dow Jones Industrial Average rose 1.76% to close at 17,666.40, and the Nasdaq Composite gained 1.09% to end at 4,727.74. Adding to the gains were shares of automobile companies after January car sales topped market expectations. Meanwhile, the hopes of Greek debt deal also helped European stocks advance on Tuesday. Greek Finance Minister said that the new PM was working on a "road plan" to ease the country's debt burden, and hoped to reach an agreement with the Greece's lenders by the beginning of June. In Asia, markets ended on a mixed note as Chinese and Australian stocks gained while Japanese stocks ended lower.
Xylem Inc. (Xylem) has roped in Anthony Milando as Senior Vice President for Continuous Improvement and Business Transformation, effective February 2, 2015. Milando, in this newly created position, will be responsible for driving operational excellence and process simplification across the organization.
Acme United Corporation (Acme United) has bagged GOOD DESIGN award for its Westcott brand iPoint Orbit electric pencil sharpener from the Chicago Athenaeum, Museum of Architecture and Design. Amid hundreds of submissions from over 40 countries, Acme United was among the companies like Apple, Hewlett Packard and BMW, to have received the GOOD DESIGN award this year.
Air Industries Group (Air Industries), an aerospace and defense company, announced that Scott Glassman has resigned as the Chief Accounting Officer of the Company. The Company also announced that it has appointed Jim Sartori as Scott's successor.
Breeze-Eastern Corporation (Breeze-Eastern) has reported a massive growth in its net income for fiscal 2015 third quarter, helped by improved margins, lower engineering expenses and a tax credit. Breeze-Eastern said that it earned $9.0 million, or $0.91 per diluted share, in Q3 FY 2015 versus $1.7 million, or $0.17 per diluted share, for the same period last year.
Coast Distribution System, Inc. (Coast Distribution), North America's largest aftermarket suppliers of replacement parts, accessories and supplies for the recreational vehicle (RV) and outdoor recreation industries, announced that it has been named as one of the preferred suppliers of after-market parts and accessories to the Priority Network of RV dealers.
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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.
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