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High Construction Activity, Collaborations, New Contracts, and Certifications Boost Growth - Research Report on Caterpillar, John Deere, Toll Brothers, Fluor, and TXI

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


News provided by

Investors' Reports

Jul 25, 2013, 08:00 ET

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NEW YORK, July 25, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting Caterpillar Inc. (NYSE: CAT), Deere & Company (NYSE: DE), Toll Brothers Inc. (NYSE: TOL), Fluor Corporation (NYSE: FLR), and Texas Industries, Inc. (NYSE: TXI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Caterpillar Inc. Research Report

On July 22, 2013, Caterpillar Inc. (Caterpillar) announced that its Global Governmental Affairs Director Bill Lane represented the Company at the U.S. Global Leadership Coalition (USGLC) annual conference. According to Caterpillar, leaders from government, military, and the business community were present at the event to discuss international development and diplomacy programs vitally important for America's economic future, national security, and global influence. Caterpillar said that as Co-President of the USGLC, Lane helped launch the organization's new Smart Power Innovations campaign, a movement highlighting how businesses and non-governmental organizations (NGOs) are working with one another and with government in innovative ways to make smart power tools for future development. The Full Research Report on Caterpillar Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-23/CAT]

--

Deere & Company Research Report

On July 17, 2013, John Deere Power Systems (JDPS), a Deere & Company (John Deere) subsidiary, announced that the Company's engine lineup 130 kW (174 hp) and above has received the US Environmental Protection Agency (EPA) Final Tier 4, European Union (EU) Stage IV and California Air Resources Board (CARB) emissions certification. JDPS said that the PowerTech PVS 6.8L, PowerTech PSS 6.8L, PowerTech PSS9.0 L, and PowerTech PSS13.5L models are the first John Deere off-highway engines to receive that type of certification in the 130 kW to 560 kW (174 hp to 750 hp) power category. The Company said that Final Tier 4/Stage IV emissions regulations will begin on January 1, 2014 for engines 130 kW (174 hp) and above, and require an 80% reduction in nitrogen oxides (NOx) from previous Interim Tier 4/Stage III B requirements. Particulate matter (PM) levels remain the same as those mandated by Interim Tier 4/Stage III B regulations. The Full Research Report on Deere & Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-23/DE]

--

Toll Brothers Inc. Research Report

On July 18, 2013, Toll Brothers, Inc. (Toll Brothers) announced its first closings of condominium units at The Touraine, its ultra-luxury 22-story residential building at 135A East 65th Street off Lexington Avenue on Manhattan's Upper East Side in New York City. Toll stated that out of 22 condominiums in the building 21 are under contract and the first 15 have been delivered to residents in the Company's Q3 FY 2013 (period ending July 31, 2013). According to the Company, it now expects that by the end of Q3 FY 2013, a total of 16 units, amounting to approximately $50.7 million in revenues, will have been delivered to residents. Toll Brothers added that it expects the remaining five units under contract, representing approximately $38.3 million of revenues, along with associated earnings, to be delivered in early Q4 FY 2013 (period ending October 31, 2013). The Full Research Report on Toll Brothers Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-23/TOL]

--

Fluor Corporation Research Report

On July 15, 2013, Fluor Corporation (Fluor) announced that the Company has secured a front-end engineering and design (FEED) contract for Sasol's world-scale ethane cracker and associative derivative chemicals facility at its Lake Charles Chemical Complex in Louisiana. According to Fluor, the Company will book approximately $120 million into backlog in Q2 2013 for the FEED contract. Peter Oosterveer, President of Fluor's Energy & Chemicals Group, said, "We expect to leverage our extensive global supply chain capability and maximize the use of modular fabrication and self-perform construction to provide Sasol with schedule and cost certainty for their landmark capital investment in the U.S. Gulf Coast region." The Company said that FEED work is expected to be completed late in 2013. The Full Research Report on Fluor Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-23/FLR]

--

Texas Industries, Inc. Research Report

On July 10, 2013, Texas Industries Inc. (TXI) reported its financial results for Q4 FY 2013 and full-year FY 2013 (period ended May 31, 2013). For Q4 FY 2013, net income was $44.1 million or $1.52 per diluted share compared to net income of $60.2 million or $2.15 per diluted share in Q4 FY 2012. According to TXI, net income from discontinued operations in Q4 FY 2013 stood at $28.5 million and included a pre-tax gain on the disposition of expanded shale and clay operations of $41.1 million, while net income in Q4 FY 2012 included pre-tax gains of $60.1 million from asset sales and a joint venture agreement, as well as net income from discontinued operations of $3.1 million. Net income for full-year FY 2013 was $24.6 million or $0.86 per diluted share, compared to net income for full-year FY 2012 of $7.5 million or $0.27 per diluted share. Mel Brekhus, CEO of TXI, said, "The fourth quarter certainly benefited from the continuing recovery of construction activity in our major markets." The Full Research Report on Texas Industries, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-23/TXI]

----

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.

SOURCE Investors' Reports

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