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Zacks News
Flowserve (FLS) to Divest Gestra as Part of Restructuring
by Zacks Equity Research
Flowserve (FLS) announced its decision to divest the Gestra AG business unit to Spirax-Sarco Engineering plc for $198.4 million.
Why Is Middleby (MIDD) Down 2.9% Since the Last Earnings Report?
by Zacks Equity Research
Middleby (MIDD) reported earnings 30 days ago. What's next for the company? We take a look at earnings estimates for some clues.
Parker-Hannifin Renames O-Ring Division Following Reshuffle
by Zacks Equity Research
Premium motion and control technologies provider, Parker-Hannifin Corporation's (PH) O-Ring Division has been renamed Parker O-Ring & Engineered Seals Division, following the consolidation of its Engineered Material Group.
ABB Wins Deal to Supply Roof-Mounted Traction Transformers
by Zacks Equity Research
The premium robotics and power grid solutions provider, ABB Ltd (ABB), recently clinched a contract from Bombardier Transportation.
Flowserve Unlikely to Stage a Comeback Soon: Here's Why
by Zacks Equity Research
For more than two years now, premium industrial and environmental machinery provider, Flowserve Corporation (FLS), has been plagued by familiar macroeconomic woes that have severely maligned the performance firms tied to the energy complex.
Middleby Corp. (MIDD) Poised to Grow Amid Macro Headwinds
by Zacks Equity Research
We issued an updated research report on the premium diversified machinery company Middleby Corp. (MIDD) on Mar 2, 2017.
Middleby (MIDD) Beats on Q4 Earnings & Revenue Estimates
by Zacks Equity Research
Machinery behemoth, The Middleby Corporation (MIDD) reported better-than-expected fourth-quarter 2016 results.
Earnings Are Finally a Support for Stocks
by Sheraz Mian
Earnings growth turned positive in Q3 and is on track to reach the highest level in 7 quarters in the Q4 earnings season.
Here's Why Quanta Services' Bull Run Continues into 2017
by Zacks Equity Research
Without doubt, engineering, procurement and construction services provider, Quanta Services, Inc. (PWR) has emerged as one of the biggest winners of 2016, rallying a whopping 85.1% over the past one year.
Altra Industrial (AIMC) Completes Acquisition of Stromag
by Zacks Equity Research
Altra Industrial Motion Corporation (AIMC) recently announced that it has successfully closed the acquisition of Stromag business of GKN plc on Dec 30, 2016.
Sun Hydraulics Upgraded to Strong Buy on Bright Prospects
by Zacks Equity Research
Zacks Investment Research upgraded Sun Hydraulics Corp. (SNHY) to a Zacks Rank #1 (Strong Buy) on Jan 3, 2017.
Manitex Sells CVS Subsidiary as Part of Corporate Program
by Zacks Equity Research
Manitex International, Inc. (MNTX) announced the sale of its subsidiary, CVS Ferrari, S.r.l. for $5 million in cash.
5 Solid Reasons You Should Invest in EnerSys (ENS) Now
by Zacks Equity Research
EnerSys (ENS) has appreciated almost 40% in the past year, and we believe it still has more room to run.
5 Reasons Why You Should Add A.O. Smith to Your Portfolio
by Zacks Equity Research
Commercial and residential water heating equipment manufacturer, A. O. Smith Corporation (AOS), has been one of the strongest contenders of the Zacks categorized Machinery-Electrical industry, proving its mettle despite formidable macro woes.
KBR Growth Prospects Bright on Multiple Global Contracts
by Zacks Equity Research
Premium engineering, procurement and construction company, KBR, Inc. (KBR), is on a roll, securing a bunch of contracts across the globe.
GE to Lay Off All Employees at Latham Turbocharger Plant
by Zacks Equity Research
General Electric Company (GE) recently announced that it plans to lay off all of its remaining employees at its locomotive turbocharger manufacturing plant in Latham, NY.
Fluor to Build Novo Nordisk's $2B API Manufacturing Unit
by Zacks Equity Research
Fluor Corporation (FLR) recently announced that it has clinched a major engineering, procurement, construction and construction management contract from Denmark-based pharmaceutical behemoth, Novo Nordisk.
UTX's Pratt & Whitney PurePower Engines to Power ANA Jets
by Zacks Equity Research
United Technologies Corporation (UTX), recently delivered the first PurePower Geared Turbofan engine to a Japanese airline company, All Nippon Airways Co., Ltd. or ANA, the largest airline in the country.
UTX's Pratt & Whitney Engines to Power China Southern Jets
by Zacks Equity Research
United Technologies Corporation (UTX) recently delivered the first of the 24 PurePower engines to China Southern Airlines, one of the leading airline companies in the country.
Honeywell Offers Tepid 2017 Guidance on Sluggish Demand
by Zacks Equity Research
Honeywell International Inc. (HON) recently offered a lackluster guidance for 2017 owing to continued macroeconomic woes.
Middleby (MIDD) Looks Bullish on Robust Growth Drivers
by Zacks Equity Research
We issued an updated research report on the premium diversified machinery company Middleby Corp. (MIDD) on Dec 16, 2016.
United Technologies Reaffirms '16 View, Offers '17 Guidance
by Zacks Equity Research
United Technologies Corporation (UTX) recently reiterated its earlier view for 2016 and provided an initial guidance for 2017 based on current business scenario and market expectations.
3M Poised for Solid Growth on Diligent Execution of Plans
by Zacks Equity Research
3M Company (MMM) recently debriefed investors about its diligent execution of the core strengths that are likely to fuel its growth in 2017 and beyond.
Dover Expands in Global Retail Fueling with Wayne Buyout
by Zacks Equity Research
Dover Corporation (DOV) has completed the acquisition of Wayne Fueling Systems Ltd.
Will Donaldson (DCI) Stock Rally on Restructuring Efforts?
by Zacks Equity Research
Bloomington, MN-based filtration firm, Donaldson Company, Inc. (DCI) has charted an impressive trajectory, with shares gaining 54.1% year to date, surpassing the Zacks-categorized Pollution Control Equipment & Services industry average of 47.2%.