Scheduled Conference Calls, Agreements, Rocket Launches, Deployments, and Divestitures - Analyst Notes on Meritage Homes, Ballard, Orbital, Embraer and Curtiss-Wright
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NEW YORK, July 4, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Meritage Homes Corp (NYSE: MTH), Ballard Power Systems Inc. (USA) (NASDAQ: BLDP), Orbital Sciences Corp (NYSE: ORB), Embraer SA (NYSE: ERJ) and Curtiss-Wright Corp. (NYSE: CW). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4462-100free.
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Meritage Homes Corp Analyst Notes
On June 26, 2014, Meritage Homes Corp (Meritage Homes) announced its plans to release its Q2 2014 results on Thursday, July 24, 2014 before the market opens, followed by a conference call to discuss the results on the same day at 8:00 a.m. Arizona Time (11:00 a.m. ET). According to the Company, the call will be webcast with an accompanying slideshow on its website. The replay of the call will also be available on the Company's website beginning at 12:30 p.m. ET on July 24, 2014 and will be accessible until August 15, 2014. The full analyst notes on Meritage Homes are available to download free of charge at:
http://www.analystsreview.com/Jul-04-2014/MTH/report.pdf
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Ballard Power Systems Inc. (USA) Analyst Notes
On June 29, 2014, Ballard Power Systems Inc. (USA) (Ballard) announced the signing of an approximately $1 million-worth Fuel Cell Licensing & Engineering Services agreement for the sub-license of intellectual property (IP) to M-Field Energy Corporation, for material handling systems to be deployed in Europe. According to the Company, it will provide M-Field with Engineering Services support into early-2015 through Dantherm Power A/S, its subsidiary in Denmark, to give assistance in optimizing system integration activities that utilizes Ballard fuel cell stacks. Ballard added that under the agreement, it will also exclusively supply fuel cell stacks, including the FCgenTM-1020ACS air-cooled and FCvelocityTM-9SSL liquid-cooled stack products, for all material handling systems deployed by M-Field in Europe. The full analyst notes on Ballard are available to download free of charge at:
http://www.analystsreview.com/Jul-04-2014/BLDP/report.pdf
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Orbital Sciences Corp Analyst Notes
On June 30, 2014, Orbital Sciences Corp (Orbital) announced the successful launch of its Orbital Boost Vehicle (OBV), the booster rocket for the Ground-Based Interceptor (GBI), as part of the test of the Ground-Based Midcourse Defense (GMD) program, from Vandenberg Air Force Base in California (VAFB) on June 22, 2014. The Company provides OBV as part of an industry team led by The Boeing Company for the U.S. Missile Defense Agency (MDA). Orbital stated that this launch was executed under the GMD Development and Sustainment Contract, which extends Orbital's involvement with the GMD program through at least 2018. Mr. Ron Grabe, Executive Vice President and General Manager of Orbital's Launch Systems Group said, "The FTG-06B test marks the thirteenth successful flight of our OBV booster, supporting MDA's ongoing testing of the GMD system." The full analyst notes on Orbital are available to download free of charge at:
http://www.analystsreview.com/Jul-04-2014/ORB/report.pdf
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Embraer SA Analyst Notes
On June 26, 2014, Embraer SA (Embraer) announced that Tianjin Airlines, the first E190 Chinese operator and the largest E-Jets carrier in Asia, will be the launch user for E-Jets AHEAD-PRO (Aircraft Health Analysis and Diagnosis - PROgnosis) system in China. According to the Company, the system will be installed in all 50 E-Jets fleet of Tianjin Airlines. Siu Ying Yeung, Chief Operating Officer, Embraer China, said, "We are glad to have Tianjin Airlines as the first Chinese carrier adopting the Embraer's AHEAD-PRO system, representing a new milestone in our long-term successful partnership. As the state-of-the-art maintenance diagnostic management tool, the system leads to corrective and preventive maintenance planning management optimization and had been well recognized by customers worldwide." The full analyst notes on Embraer are available to download free of charge at:
http://www.analystsreview.com/Jul-04-2014/ERJ/report.pdf
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Curtiss-Wright Corp. Analyst Notes
On July 1, 2014, Curtiss-Wright Corp. (Curtiss-Wright) announced the sale of its Benshaw, Inc. business to Regal-Beloit Corporation at a price of $50 million in cash. David C. Adams, President and CEO of Curtiss-Wright said, "As part of our operating margin improvement initiatives outlined last December, this transaction aligns with our stated objective to divest non-core operations. Furthermore, it enables us to focus on our core industrial markets, while also providing a better strategic fit for Benshaw's product portfolio. Overall, we remain committed to our long-term goals to generating significant free cash flow and operating margin expansion." The Company stated that Benshaw, with estimated annual revenues of c.$60 million, is a market leader in the design, development and manufacture of custom electronic motor control and protection product solutions. The full analyst notes on Curtiss-Wright are available to download free of charge at:
http://www.analystsreview.com/Jul-04-2014/CW/report.pdf
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