New Contracts, Annual Events, Quarterly Dividends, and New Manufacturing Facility - Research Report on General Electric, Illinois Tool Works, Xylem, Lennox International, and Babcock & Wilcox
NEW YORK, September 26, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts Corner announced new research reports highlighting General Electric Company (NYSE: GE), Illinois Tool Works Inc. (NYSE: ITW), Xylem Inc. (NYSE: XYL), Lennox International, Inc. (NYSE: LII), 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.
General Electric Company Research Report
On September 23, 2013, General Electric Company (GE) announced three contracts with SPE, an affiliate of Sonelgaz, Algeria's national electricity and gas company worth approximately $2.7 billion. Under the agreement, the Company will supply proven and reliable heavy-duty gas turbine combined-cycle and aeroderivative gas turbine technology for nine power plants. GE reported that the addition of nearly 9 gigawatts (GW) of electricity will help strengthen Algeria's power sector to meet the growing requirements of the country. Nabil Kafi, CEO of SPE, stated, "These contracts are undoubtedly the most important acquisitions of SPE in the history of power generation in Algeria. This will create a wealth-generating vision that goes beyond a simple power plant construction agreement." Kafi continued, "This contract is an important step in realizing Sonelgaz's strategy which involves the implementation of a series of industrial partnerships predicated on the use of local resources." The Full Research Report on General Electric Company - 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/6f32_GE]
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Illinois Tool Works Inc. Research Report
On September 19, 2013, Illinois Tool Works Inc. (ITW) announced that it will host its Annual Meeting for Investors on December 6, 2013 at the Hotel Sofitel New York, 45 West 44th Street, New York, NY. The Company also reported that it will serve a breakfast buffet at 8:15 a.m, and conclude the business portion of the meeting by 12:30 p.m. The Company also said that lunch meal will be available for attendees who would like to hold discussions with the ITW Senior Management Team. The Full Research Report on Illinois Tool Works 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/716e_ITW]
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Xylem Inc. Research Report
On September 19, 2013, Xylem Inc. (Xylem) announced that it has won a $517,000 contract to develop and install a secondary wastewater treatment solution that will eliminate effluent odor problems and significantly improve water quality in Tolu, a town located on the Caribbean coast of Colombia. Juan Contreras, Project Manager for Xylem in Colombia, commented, "We are delighted to be partnering with the authorities in Tolu to develop this innovative solution." Contreras added, "This type of innovation will provide a sustainable wastewater solution that will benefit the local eco-system and the environment in the region." The Full Research Report on Xylem 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/c0ed_XYL]
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Lennox International, Inc. Research Report
On September 19, 2013, Lennox International, Inc. (Lennox International) announced that its Board of Directors has declared a quarterly cash dividend of $0.24 per common share. According to Lennox International, the cash dividend is payable on October 15, 2013 to stockholders of record as of October 3, 2013. The Full Research Report on Lennox International, 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/3bf0_LII]
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The Babcock & Wilcox Company Research Report
On September 20, 2013, The Babcock & Wilcox Company (B&W) announced that it has successfully completed the construction of a new boiler auxiliary equipment manufacturing facility for Diamond Power International, Inc. (DPII), a subsidiary of Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), in Jingshan, Hubei Province, China. Commenting on the completion, Mike Parker, General Manager Asia-Pacific Operations, DPII, said, "This new facility will allow us to better serve our customers here, as well as our growing international export markets in Asia and around the world. We would like to thank the Chinese government for the financial support and consideration that made this project possible." J. Randall Data, President and Chief Operating Officer of B&W PGG, added, "We're happy to continue our long-term presence in China and to be able to enhance our ability to serve all of our markets with reliable, high-quality products. This new facility is another example of how we're actively reducing costs, improving competitiveness and working to exceed our customers' expectations in China and worldwide." 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.AnalystsCorner.com/r/full_research_report/7c45_BWC]
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