NEW YORK, January 21, 2015 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including Meritor (NYSE: MTOR), Methode (NYSE: MEI), Mettler-Toledo (NYSE: MTD), Miller Industries (NYSE: MLR), and Modine (NYSE: MOD). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
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Today's update concerns the following companies:
Full PDF Download Links (you may have to copy and paste the following links into your browser):
MTOR Research Report: ( http://get.analystsreview.com/pdf/?c=Meritor&d=21-Jan-2015&s=MTOR ),
MEI Research Report: ( http://get.analystsreview.com/pdf/?c=Methode&d=21-Jan-2015&s=MEI ),
MTD Research Report: ( http://get.analystsreview.com/pdf/?c=Mettler-Toledo&d=21-Jan-2015&s=MTD ),
MLR Research Report: ( http://get.analystsreview.com/pdf/?c=Miller%20Industries&d=21-Jan-2015&s=MLR ),
MOD Research Report: ( http://get.analystsreview.com/pdf/?c=Modine&d=21-Jan-2015&s=MOD ).
Analyst Update: Scheduled Events, Quarterly Results, Course Offerings, and New Products
Reviewed by: Rohit Tuli, CFA®
U.S. stock markets started the week with moderate gains, after being closed on Monday in observance of the Martin Luther King Jr. holiday. The NASDAQ Composite ended at 4,654.85, up 0.44%, the Dow Jones Industrial Average advanced 0.02% to finish the day at 17,515.23, and the S&P 500 closed at 2,022.55, up 0.15%. The gains were broad based as seven out of ten sectors ended the session in positive. Asian stocks rose for a second day, driven by consumer discretionary stocks, as Chinese equities rebounded and investors patiently await the outcome of Central Bank policy meetings in Japan as well in Europe. Equities also got a lift from better-than-expected economic data from China, which recorded a GDP growth of 7.4% in 2014, the slowest rate of growth since 1990, but beating market expectations of 7.2%. Meanwhile, European equities rose for a fourth day and traded near seven-year highs ahead of an expected sovereign-bond-buying program by the European Central Bank when it convenes a meeting this Thursday.
Meritor, Inc. (Meritor) will host its Analyst Day from 9 a.m. until noon ET on Thursday, February 5, 2015 at The St. Regis New York. The Company is also scheduled to release its Q1 FY 2015 financial results on January 28, 2015, followed by a conference call at 9 a.m. ET to discuss the results.
Methode Electronics, Inc.'s (Methode) second-quarter fiscal 2015 net sales grew 20.3% YoY to $229.7 million. Net income for the quarter increased to $26.0 million, or $0.66 per share, from $19.8 million, or $0.51 per share, in the same period of fiscal 2014. The Company also increased its earnings guidance for fiscal 2015.
Mettler-Toledo International, Inc. (Mettler-Toledo) posted strong growth in its top line and bottom line in its Q3 2014 results. Net earnings per diluted share were $2.89, compared with $2.43 in the third quarter of 2013 while net sales in local currency increased 6.3% YoY to $629.1 million.
Miller Industries, Inc. (Miller Industries) introduced 5' Trailer Plate & Frame Rail Chain - a new accessory to its heavy-duty product line. This exclusive chain assembly consists of two chains that each feature a flat throat hook at one end and a grab hook at the other and has a working load limit of 15,000 lbs. per assembly.
Modine Manufacturing Company (Modine) announced that it is offering a full schedule of Continuing Education Units (CEU) courses on January 26 - 28 at 2015 AHR Expo: The World's Largest HVACR Marketplace, to be held in Chicago.
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Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.
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