Inclusion in Indices, Earnings, Investor Conferences, Solar Projects, and Additional Interest on Notes - Research Report on AO Smith, GrafTech International, JinkoSolar, General Cable, and Woodward
NEW YORK, November 7, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting AO Smith Corp. (NYSE: AOS), GrafTech International Ltd. (NYSE: GTI), JinkoSolar Holding Co., Ltd. (NYSE: JKS), General Cable Corp. (NYSE: BGC), and Woodward, Inc. (NASDAQ: WWD). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
AO Smith Corp. Research Report
On October 31, 2013, AO Smith Corp. (AO Smith) announced that it has been selected to join the S&P MidCap 400 effective after the close of trading on November 4, 2013. The Company informed that it was a former constituent of the S&P SmallCap 600. AO Smith also stated that it will be added to the Global Industry Classification Standard (GICS) Building Products Sub-Industry Index, replacing Saks Inc. in the S&P MidCap 400. The Full Research Report on AO Smith Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
GrafTech International Ltd. Research Report
On October 31, 2013, GrafTech International Ltd. (GrafTech) announced its Q3 2013 financial results, and initiatives to improve operating efficiencies and global competitiveness. Net sales were down by 5.5% YoY to $303.1 million during the quarter. EBITDA stood at $34.6 million compared with $65.4 million in Q3 2012.Net loss came in at $7.6 million or $0.06 diluted share, versus net income of $29.6 million or $0.22 diluted share in Q3 2012. Commenting on the results, Craig Shular, CEO of GrafTech stated, "We remain in a difficult operating environment, particularly for our Industrial Materials segment. We have announced initiatives today designed to significantly improve our competitiveness, allow us to better serve customers and position our Industrial Materials business well when global economies and steel demand recover." GrafTech also announced global initiatives to reduce its industrial materials' cost base and improve its competitive position, addressing three key areas: improving profitability, optimizing cash flow and positioning for future growth. The Company added that for full year 2013, it is targeting EBITDA to be in the range of $145 million to $155 million. The Full Research Report on GrafTech International Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
JinkoSolar Holding Co., Ltd. Research Report
On October 30, 2013, JinkoSolar Holding Co., Ltd. (JinkoSolar) announced that it has supplied 1.2 MW solar PV modules to SolaireDirect Chile -an Independent Power Producer using solar energy based in Chile. According to JinkoSolar, the project that began commercial operations in June 2013, is located in the high mountainous deserts of Chile's Fourth Region and will provide energy to both mining companies and the Chilean spot energy market through the Chilean Central Interconnected System. The Company added that the project generates enough energy to meet the requirements of between 1,200 and 1,800 local households. Mr. Xiande Li, Chairman of JinkoSolar commented, "We are very pleased to have the opportunity to cooperate with SolaireDirect on this project in Chile. This contract demonstrates to our customers in the region that our high-efficiency modules are well suited for desert conditions in geographically diverse regions such as Chile." The Full Research Report on JinkoSolar Holding Co., Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
General Cable Corp. Research Report
On October 30, 2013, General Cable Corp. (General Cable) announced that under the terms of the indenture governing the 2029 notes it is electing to pay an additional interest of 0.50% per annum on its Subordinated Convertible Notes due by 2029, for up to 365 days starting October 29, 2013. General Cable stated that it had previously disclosed its non-compliance with the reporting covenant under the 2029 Indenture as it did not timely file its Form 10-Q for the Q2 2013 with the trustee of the 2029 Notes. The Company stated that under the terms of the 2029 Indenture, it may elect to limit the sole remedy of the holders of the 2029 Notes for the non-compliance, by paying additional interest, to the holders at an annual rate equal to 0.50% of the principal amount of the 2029 Notes until the Company complies with the reporting covenant. The Full Research Report on General Cable Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Woodward, Inc. Research Report
On October 30, 2013, Woodward, Inc. (Woodward) announced that it will report its Q4 FY 2013 and full-year FY 2013 financial results on November 12, 2013, at approximately 4:00 p.m. EST in a news release. The Company informed that it will also host a conference call to provide an overview of its business highlights and financial performance on the same day at 4:30 p.m. EST. The Company added that a webcast presentation will be available on its website under "Investors/Calendar of Events" section, which can be accessed for 14 days at the same location. The Full Research Report on Woodward, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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