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Potential Growth Transactions, Facility Expansions, Dividends, and Earnings Release Schedules - Research Report on Colfax, ITT, IDEX, Polypore, and Crane

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


News provided by

Analysts' Corner

Oct 16, 2013, 08:00 ET

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NEW YORK, October 16, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Colfax Corporation (NYSE: CFX), ITT Corporation (NYSE: ITT), IDEX Corporation (NYSE: IEX), Polypore International Inc. (NYSE: PPO), and Crane Co. (NYSE: CR). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Colfax Corporation Research Report

On October 1, 2013, Colfax Corp. (Colfax) announced that it has entered into a binding agreement to acquire CKD Kompresory from CKD Group for approximately $57 million. Steve Simms, President and CEO of Colfax, stated, "With a history extending back nearly 150 years, CKD Kompresory is a wonderful brand with a great team and geographic footprint. This transaction will strengthen Howden's compressor business, and expand Colfax's exposure to end markets with exciting growth potential." Colfax reported that the transaction is expected to close in the Q4 2013. The Full Research Report on Colfax Corporation - 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/1585_CFX]

--

ITT Corporation Research Report

On October 8, 2013, ITT Corp. (ITT) announced its facility expansion with the official opening of its latest pump manufacturing facility in the central county of Chungcheongbuk-do in South Korea. ITT reported that the $34 million facility will produce, package and test highly engineered pumps under the Goulds Pumps brand. "This official opening is a major milestone for ITT and our Industrial Process business and reflects our ongoing commitment to being a leader in the global oil and gas industry," said Denise Ramos, ITT's CEO and President. The Company further informed that the new facility will serve as ITT's Eastern Hemisphere Energy Center of Excellence and play a critical role in enhancing its global growth. 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.analystscorner.com/r/full_research_report/d845_ITT]

--

IDEX Corporation Research Report

On September 24, 2013, IDEX Corp. (IDEX) announced that its Board of Directors has authorized and declared a regular quarterly cash dividend in the amount of $0.23 per common share. The Company reported that the dividend is payable on October 31, 2013 to shareholders of record as on October 15, 2013. IDEX further informed that this dividend represents the Company's 76th consecutive regular quarterly cash dividend payment. The Company also announced that it has scheduled the webcast of its Q3 2013 earnings conference call to be held on October 22, 2013, Tuesday, at 9:30 a.m. CT. In the conference call, Andrew Silvernail, Chairman and CEO, and Heath Mitts, Vice President and CFO, will be present to discuss the Company's Q3 2013 financial performance and respond to questions from the financial community. The Full Research Report on IDEX Corporation - 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/b553_IEX]

--

Polypore International Inc. Research Report

On October 7, 2013, Polypore International Inc. (Polypore) announced the schedule of its Q3 2013 earnings release and conference call date. The Company will report its financial results on Monday, November 4, 2013, after the US markets close. Polypore informed that Robert Toth, President and CEO, and Lynn Amos, Chief Financial Officer, will host a conference call to review and discuss the results beginning at 4:45 p.m. ET on November 4, 2013. The call will be webcast live and archived for 30 days at Polypore's website. 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.analystscorner.com/r/full_research_report/c038_PPO]

--

Crane Co. Research Report

On October 7, 2013, Crane Co. (Crane) announced its Q3 2013 earnings release and teleconference schedule. The Company will report its financial results on October 28, 2013, after the close of the market. Following the earnings release, the Company will host a teleconference on October 29, 2013 at 10:00 a.m. ET. Crane informed that Eric C. Fast, CEO, Max H. Mitchell, President and Chief Operating Officer, and Richard A. Maue, VP Finance & Chief Financial Officer will host the teleconference which will also be available for a replay on the Company's website, shortly after the live call. The Full Research Report on Crane Co. - 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/c1b2_CR]

----

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 Ananya Ghosh, a CFA charterholder. 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.
  1. 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].
  2. For any urgent concerns or inquiries, please contact us at [email protected].
  3. 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 represented by Ananya Ghosh, CFA, has 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.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

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