Acquisitions, Relocations of Headquarters, Dividends, and Product Orders - Research Report on AMETEK, Xylem, Lennox, Crane, and Adept Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, December 20, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting AMETEK Inc. (NYSE: AME), Xylem Inc. (NYSE: XYL), Lennox International, Inc. (NYSE: LII), Crane Co. (NYSE: CR), and Adept Technology Inc. (NASDAQ: ADEP). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
AMETEK Inc. Research Report
On December 4, 2013, AMETEK, Inc. (AMETEK) announced its acquisition of Powervar, a leading provider of power management systems and uninterruptible power supply (UPS) systems, for c.$128 million. "Powervar is an excellent addition to our power systems and instruments business. Its strong presence in medical and life sciences provides our power businesses with excellent new growth opportunities in these attractive market segments. Its products are highly complementary to our existing power quality and UPS systems. In addition, Powervar provides world-class applications expertise, considerable new product development capability, and best-in-class product quality," said Frank S. Hermance, AMETEK's Chairman and CEO. The Full Research Report on AMETEK Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Xylem Inc. Research Report
On December 9, 2013, Xylem Inc. (Xylem) announced the relocation of its corporate headquarters to a new space in Rye Brook, keeping more than 100 jobs in the state of New York. The Company informed that it has signed a 10-year lease agreement to rent the second and third floors at Reckson Executive Park at 1 International Drive in Rye Brook, N.Y., 10573. Xylem added that the building is on track to be LEED certified in keeping with the Company's commitment to environmentally sustainable business practices. "We're excited to be moving to our new location, and are pleased to be staying in Westchester County," said Xylem's CEO and President, Steve Loranger. "This move represents Xylem's commitment to growth and innovation. Our new, expanded space is a modern, world-class headquarters designed to encourage collaboration and training." The Full Research Report on Xylem Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Lennox International, Inc. Research Report
On December 13, 2013, Lennox International, Inc. (Lennox) announced that its Board of Directors has voted to declare a quarterly cash dividend of $0.24 per share of common stock. According to the Company, the dividend will be paid on January 15, 2014, to stockholders of record as of December 31, 2013. The Full Research Report on Lennox International, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Crane Co. Research Report
On December 11, 2013, Crane Co. (Crane) announced the completion of its previously announced acquisition of MEI Conlux Holdings (MEI). Crane Co. informed that it will provide additional information concerning MEI on January 27, 2014, and in connection with its Q4 2013 earnings release on February 27, 2014, during its Annual Investor Day Conference. The Full Research Report on Crane Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Adept Technology Inc. Research Report
On December 3, 2013, Adept Technology, Inc. (Adept) announced that it has received orders from Cornerstone Automation Systems, LLC (CASI) for a fleet of Adept "Lynx" mobile robots. According to the Company, CASI will integrate the robots into state-of-the-art pharmacy automation systems slated to deploy at three customer facilities in the United States in 2014. Adept's President and CEO, Rob Cain, said, "We are pleased to welcome CASI as a preferred partner for mobile robots. Our companies have a very successful history together in the implementation of industrial robots at some strategic customers. We are excited to be a part of the unique solution CASI is providing for pharmacy automation and look forward to establishing our foothold in this promising market." The Full Research Report on Adept Technology Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
- For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network 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.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.http://www.AnalystsCorner.com
SOURCE Analysts' Corner