Follow-on Public Offerings, Prestigious Awards, Personal Donations, Product Launches and Acquisition Agreements - Research Report on JinkoSolar, Snap-on, A.O. Smith, Lincoln Electric, and EnerSys
NEW YORK, September 27, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting JinkoSolar Holding Co., Ltd. (NYSE: JKS), Snap-on Inc. (NYSE: SNA), A.O. Smith Corp. (NYSE: AOS), Lincoln Electric Holdings Inc. (NASDAQ: LECO) and EnerSys (NYSE: ENS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
JinkoSolar Holding Co., Ltd. Research Report
On September 19, 2013, JinkoSolar Holding Co., Ltd. (JinkoSolar) announced that its follow-on public offering of 3.8 million American depositary shares, or ADSs, each representing four ordinary shares of the Company at par value $0.00002 per share, was priced at $16.25 per ADS. Further, the Company has granted the underwriters a 30-day option to acquire up to 570,000 more ADSs. JinkoSolar stated that it intends to utilize the net proceeds acquired from this offering for general corporate purposes which may include expanding manufacturing capacity, the development of solar power projects and working capital. 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: [http://www.AnalystsCorner.com/r/full_research_report/4c2b_JKS]
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Snap-on Inc. Research Report
On September 10, 2013, Snap-on Inc. (Snap-on) announced that it was honored with three MOTOR Magazine Top 20 Tools Awards for 2013. The Snap-on® 1/4-inch Drive 8mm and 10mm Semi-Deep Flip Socket, VERUS® PRO Diagnostic and Information System and John Bean® Touchless Alignment Wheel Clamp were selected by the editors of Motor Magazine as being "truly new and innovative." Commenting on these recognitions, Tom Ward, President, Repair Systems and Information Group, Snap-on said, "Our mission fits very well with the criteria for this competition which is to make the jobs of professional shop owners and technicians easier. We believe all three of these innovations achieve that goal. We are honored to be recognized by the technical editors of Motor Magazine as the only company to receive three of these prestigious awards this year." The Full Research Report on Snap-on Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/a84c_SNA]
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AO Smith Corp. Research Report
On September 16, 2013, AO Smith Corp. (A.O. Smith) reported that the board room at Milwaukee's newly launched Global Water Center has been named the Paul and Pat Jones Board Room, following a personal donation made by A. O. Smith Executive Chairman Paul Jones and his wife, Patricia. The Company informed that this announcement was made by the Water Council President and CEO Dean Amhaus at the celebration commemorating the grand opening of the 98,000 square foot Global Water Center in Milwaukee on September 12, 2013. The Company said that the board room, which boasts a capacity for 16 people, is open to tenants of the Global Water Center and other members of the 116-member Water Council. A. O. Smith, which is one of the establishing Water Council organizations, will have a first-floor reliability lab in the GWC to experiment on alternative water treatment technologies and devices from around the world. According to A. O. Smith, the new lab enables the Company's engineers to simulate local water conditions from various countries, and to measure a new technology's ability to filter a variety of non-organic contaminants such as metals and chemical compounds. 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: [http://www.AnalystsCorner.com/r/full_research_report/c480_AOS]
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Lincoln Electric Holdings Inc. Research Report
On September 19, 2013, Lincoln Electric Holdings Inc. (Lincoln Electric) launched a line of rugged, magnetic angle fixturing devices and hand lifters in its Radius™ tool Welding Gear product group. The magnetic fixturing tools can be utilized for positioning steel for tack welding or other pre- or post-weld operations. As per the Company, these tools are ideally suited for cutting and grinding applications. Jamy Bulan, Lincoln Electric Product Manager, Commercial Products, commented, "These devices make it easy to align and hold small parts and sheet metal in place for tack welding. Using the manual hand lifter can reduce contact with hot or sharp-edged steel. These tools represent just one new way we are working to protect the welding operator in the workplace." The Full Research Report on Lincoln Electric Holdings Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/3644_LECO]
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EnerSys Research Report
On September 18, 2013, EnerSys announced that it has entered into an agreement to acquire Purcell Systems, Inc., a leading designer, manufacturer and marketer of thermally managed electronic equipment and battery cabinet enclosures for customers globally in telecommunication, broadband, utility, rail and military applications. The Company reported that the purchase price of $115 million will be funded by its existing cash and credit facilities. Commenting on the deal, John D. Craig, Chairman, President and CEO of EnerSys, said, "We look forward to welcoming the Purcell organization to the EnerSys family and are excited to be able to provide our customers with fully integrated solutions that will ease their equipment deployment process. We look forward to expanding our strategic partnerships with our existing customers and launching the Purcell brand into new and emerging markets. Purcell's products and services are a natural extension of EnerSys' stored energy market leadership." The Full Research Report on EnerSys - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/9458_ENS]
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