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Quarterly Dividends, Appointments, Financial Results, Share Repurchase Programs and New Contracts - Research Report on Flowserve, ExOne, Nordson, Xylem, and B&W

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


News provided by

Investors' Reports

Sep 02, 2013, 08:00 ET

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NEW YORK, September 2, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting Flowserve Corp. (NYSE: FLS), The ExOne Company (NYSE: XONE), Nordson Corporation (NASDAQ: NDSN), Xylem Inc. (NASDAQ: XYL), 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.

Flowserve Corp. Research Report

On August 15, 2013, Flowserve Corp. (Flowserve) announced that its Board of Directors has declared a quarterly cash dividend of $0.14 per share on the Company's outstanding shares of common stock. According to the Company, the quarterly cash dividend remains unchanged from the previous quarter rate on a split-adjusted basis. Flowserve informed that the quarterly dividend is payable on October 11, 2013, to shareholders of record on September 27, 2013. The Full Research Report on Flowserve Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-28/FLS]

--

The ExOne Company Research Report

On August 27, 2013, The ExOne Company (ExOne) announced the appointment of John Burn & Co. (John Burn) as its sales representative in the United Kingdom. The Company stated that John Burn specializes in materials for the tooling and composite industry, along with the rapid prototyping market and foundry industry. David Burns, President and Chief Operating Officer of ExOne commented, "The UK market is important for both metal castings and for generalized 3D printing in industrial applications. John Burn is a very distinctive company, in that it has historically supported the casting market and has years of experience in 3D printing. ExOne believes in true partnerships with customers, and John Burn embodies that philosophy as well. We look forward to great success together in the UK market." The Full Research Report on The ExOne Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-28/XONE]

--

Nordson Corporation Research Report

On August 22, 2013, Nordson Corp. (Nordson) reported its Q3 FY 2013 financial results (period ended July 31, 2013). The Company reported sales of $403 million, representing an increase of 6.1% YoY. Operating profit for the quarter totaled $93.2 million, down 5.4% YoY. Net income totaled $65.4 million, down 1.9% YoY and GAAP diluted EPS was $1.01, also down 1.9% YoY. Nordson President and CEO Michael F. Hilton said, "Nordson's global team delivered a solid quarter in a tough macroeconomic environment and in comparison to a particularly strong period of demand a year ago, We delivered this performance while maintaining our focus on initiatives that are expected to drive growth and performance over the long term, including support for new products, new applications, emerging market expansion and enhanced customer facing capabilities." The Company anticipates Q4 FY 2013 sales to be in the range of $391 million to $408 million; and GAAP diluted EPS in the range of $0.87 to $0.98. The Full Research Report on Nordson Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-28/NDSN]

--

Xylem Inc. Research Report

On August 21, 2013, Xylem Inc. (Xylem) announced that its Board of Directors has authorized a quarterly dividend of $0.12 per share. The Company informed that the dividend is payable on September 18, 2013 to shareholders of record on September 14, 2013. Xylem also informed that the Board has approved a $250 million repurchase program and the repurchases under this program are expected to be executed over three years, in the open market. Gretchen McClain, Xylem's President and CEO said, "We believe this provides a balanced approach to enhance shareowner return. Our strong cash generation and prudent usage of cash allow us to deploy our capital in a manner that benefits our shareowners and maintains our focus on growth." 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.investorsreports.com/report/2013-08-28/XYL]

--

The Babcock & Wilcox Company Research Report

On August 20, 2013, The Babcock & Wilcox Company's (B&W) subsidiary, Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), announced that it has been awarded a contract by engineering and construction firm Black & Veatch to design and supply M water tube package boilers for a project at a manufacturing facility in Virginia. According to B&W, each FM water tube package boiler will supply steam for power generation and industrial processes at Celanese Corporation's manufacturing facility in Narrows, Virginia and the dual fuel boilers, which can operate using either natural gas or oil, will replace coal-fired units currently used at the plant. The Company informed that material delivery is scheduled for April 2014. B&W PGG President and Chief Operating Officer J. Randall Data said, "B&W PGG's FM water tube package boilers are a reliable and low-cost-of-operation solution for industrial, commercial and utility applications. We appreciate the opportunity to work with Black & Veatch and Celanese on this project." 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.investorsreports.com/report/2013-08-28/BWC]

----

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.

InvestorsReports.com


 

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