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Companies Increase Dividends, Expand Facilities and Report Top-line Growth - Research Report on Dover, Polypore, ExOne, ITT, and Babcock & Wilcox


News provided by

Investors' Reports

Aug 12, 2013, 08:00 ET

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NEW YORK, August 12, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Investors' Reports announced new research reports highlighting Dover Corp. (NYSE: DOV), Polypore International Inc. (NYSE: PPO), The ExOne Company (NASDAQ: XONE), ITT Corporation (NYSE: ITT), and The Babcock & Wilcox Company (NYSE: BWC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Dover Corp. Research Report

On August 1, 2013, Dover Corp.'s (Dover) Board of Directors announced that it has increased its quarterly cash dividend from $0.35 to $0.375 per share. As per Dover, this is the 58th consecutive year in which the Company has increased its annual cash dividend. The dividend will be payable on September 16, 2013, to shareholders of record August 30, 2013. The Full Research Report on Dover Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-07/DOV]

--

Polypore International Inc. Research Report

On August 7, 2013, Polypore International Inc. (Polypore) reported its Q2 2013 financial results with reported sales of $168.9 million compared to $167.6 million in Q2 2012. Segment operating income totaled $33.8 million for the quarter compared with $38.8 million in Q2 2012. Adjusted income from continuing operations totaled $15.9 million or $0.34 per diluted share, compared with $21.1 million or $0.45 per diluted share in Q2 2012. Commenting on the Q2 2013 results, Robert B. Toth, President and Chief Executive Officer, said, "Our Transportation and Industrial and Separations Media segments continued to deliver solid performance. In the Electronics and EDVs segment, the sales improvement we experienced in March was sustained through the second quarter, with the sequential improvement being driven by sales into EDV applications. Additionally, we continued to utilize our cash to drive shareholder value through additional stock repurchases." The Full Research Report on Polypore International Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-07/PPO]

--

The ExOne Company Research Report

On August 6, 2013, The ExOne Company (ExOne) announced that it has purchased land and will soon begin construction on a new facility in Gersthofen, Germany. Rainer Hoechsmann, General Manager of ExOne GmbH, commented, "We were fortunate to secure a strategic location for our new facility, located in an industrial region directly on a German autobahn. This provides easy access to our growing customer base, our vendors, as well as our employees. Consolidating all of our activities, which include production, warehousing, a production service center, an R&D lab, as well as our European headquarters, into a single facility will further improve our efficiency, enhancing our ability to service our customers." The Company expects the completion of the new facility in the latter half of 2014. The Full Research Report on The ExOne Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-07/XONE]

--

ITT Corporation Research Report

On August 1, 2013, ITT Corp. (ITT) reported its Q2 2013 financial results with revenue growth of 9% YoY to $609 million. Adjusted earnings from continuing operations grew 4% YoY to $0.51 per share, reflecting a 15% YoY increase in adjusted segment operating income that was partially offset by a higher effective tax rate and the impacts of favorable prior-year corporate items. Denise Ramos, Chief Executive Officer and President commented, "In both quarters, we continued to drive market expansion with strong growth in emerging markets, winning share in a tough Western European environment and enhancing our presence in key global end markets such as energy and automotive." The Company has also raised its full-year guidance and anticipates revenue growth of 10% to 11% YoY, and adjusted earnings in the range of $1.86 to $1.92 per share. The Full Research Report on ITT Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-07/ITT]

--

The Babcock & Wilcox Company Research Report

On Aug 7, 2013, The Babcock & Wilcox Company (B&W) reported its Q2 2013 financial results with total revenues of $886 million, representing a 3.9% YoY growth. GAAP EPS for the quarter remained flat year-on-year at $0.65. Adjusted EPS of $0.72 represented a growth of 10.8% YoY. Commenting on the results, E. James Ferland, President and Chief Executive Officer of B&W said, "Overall, B&W's second quarter results reflect solid performances across our business units, highlighted by improved bookings and revenue, as well as the benefit of the DOE grant." The Company anticipates its full-year 2013 consolidated revenues to be in the range of $3.4 billion a $3.5 billion, and adjusted EPS in the range of $2.25 and $2.45. The Full Research Report on The Babcock & Wilcox Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-07/BWC]

----

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. 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.
  4. 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 [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

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 has, through Chartered Financial Analysts, 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.

http://www.investorsreports.com

SOURCE Investors' Reports

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