Acquisitions, Relocations of Headquarters, Dividends, and Product Orders - Research Report on AMETEK, Xylem, Lennox, Crane, and Adept

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Dec 20, 2013, 08:00 ET from Analysts' Corner

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:


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