Factors Moving Markets: New Research on Hyster-Yale, IDEX, Ingersoll-Rand, ITT Corp. and James Hardie
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, January 16, 2015 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including Hyster-Yale (NYSE: HY), IDEX (NYSE: IEX), Ingersoll-Rand (NYSE: IR), ITT Corp. (NYSE: ITT), and James Hardie (NYSE: JHX). 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.
To access our full PDF reports on a complementary basis, please visit the links below.
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Today's update concerns the following companies:
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Full PDF Download Links (you may have to copy and paste the following links into your browser):
HY Research Report: ( http://get.analystsreview.com/pdf/?c=Hyster-Yale&d=16-Jan-2015&s=HY ),
IEX Research Report: ( http://get.analystsreview.com/pdf/?c=IDEX&d=16-Jan-2015&s=IEX ),
IR Research Report: ( http://get.analystsreview.com/pdf/?c=Ingersoll-Rand&d=16-Jan-2015&s=IR ),
ITT Research Report: ( http://get.analystsreview.com/pdf/?c=ITT%20Corp.&d=16-Jan-2015&s=ITT ),
JHX Research Report: ( http://get.analystsreview.com/pdf/?c=James%20Hardie&d=16-Jan-2015&s=JHX ).
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Analyst Update: Acquisitions, Earnings Release Schedules, and Dividends
Reviewed by: Rohit Tuli, CFA®
The U.S. stocks fell for the fifth session in a row on Thursday, led by decline in the financial sector stocks following disappointing earnings from major Wall Street banks and continued concerns over the global economic growth. The Swiss equity markets tumbled after the Swiss central bank scrapped its three-year old ceiling on franc. The move drove franc soaring against euro on Thursday, leaving investors fretted over its potential negative impact on exports of Switzerland. The Dow Jones Industrial Average ended the session 0.61% lower at 17,320.71, the S&P 500 lost 0.92% to close at 1,992.67, and the Nasdaq Composite dropped 1.48% to 4,570.82. Meanwhile, the European markets rallied on Thursday after Swiss central bank lifted the cap on franc. The Swiss central bank's action is seen as an indication of a higher magnitude of the upcoming stimulus programme from the European Central Bank to counter deflation. Most Asian markets were higher on Thursday, led by a sharp rally in the Indian benchmark indices following a policy rate cut.
Hyster-Yale Materials Handling, Inc. (Hyster-Yale) announced that its operating company, NACCO Materials Handling Group, Inc. (NMHG), (collectively, the Company) has acquired Billerica, Massachusetts-based Nuvera Fuel Cells, Inc (Nuvera). Nuvera's acquisition offers the Company the opportunity for direct access to fuel cells particularly suitable for lift truck applications, as well as the supporting fuel technologies that are applicable to its product lines.
IDEX Corporation (IDEX) is set to live broadcast its fourth quarter 2014 earnings conference call on January 29, 2015 at 9:30 a.m. CT. Chairman and CEO Andrew Silvernail, and Senior Vice President and CFO Heath Mitts, will discuss the Company's financial performance and take questions from the financial community.
Ingersoll Rand plc (Ingersoll Rand) has acquired assets of Cameron International Corporation's centrifugal compression division for $850 million, to strengthen its compressed air systems and services business. Ingersoll Rand informed that the transaction was completed on January 1, 2015.
ITT Corp. announced completion of the inaugural year of the ITT Golden Gear Academy, a program dedicated to offering educational opportunities to promising engineering and mechanics students in China. The program brings together senior professors, industry experts and elite students with the goal of cultivating China's engineering technology talent and enhancing the competitiveness of the industry.
James Hardie Industries plc (James Hardie) to pay H1 2015 ordinary dividend of eight US cents (9.8704 Australian cents) per CUFS on February 27, 2015 to security holders registered at the December 23, 2014 record date. The Company has scheduled to release its Q3 FY 2015 and 9M FY 2015 financial results on February 20, 2015.
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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.
Compliance Procedure: Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA®. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review 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.
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