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Quarterly Dividends, State-of-the-Art Architecture, Q2 2013 Results, Strengthened Market Positions, and Improved Product Selections - Research Report on Corning, Eaton, Amphenol, ABB, and Molex

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


News provided by

Analysts' Corner

Jul 25, 2013, 08:00 ET

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

Today, Analysts' Corner announced new research reports highlighting Corning Inc. (NYSE: GLW), Eaton Corporation (NYSE: ETN), Amphenol Corporation (NYSE: APH), ABB Ltd. (NYSE: ABB), and Molex Inc. (NASDAQ: MOLX). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Corning Inc. Research Report

On July 17, 2013, Corning Inc.'s (Corning) Board of Directors has declared a quarterly dividend on the Company's common stock of $0.10 per share. The quarterly dividend will be payable on September 30, 2013, to holders of record as of August 30, 2013. The Full Research Report on Corning 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/b0cb_GLW ]

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Eaton Corporation Research Report

On July 22, 2013, Eaton Corporation (Eaton) celebrated the commencement of the construction work at its new state-of-the-art Innovation Center in Roztoky, Czech Republic. Eaton's regional leaders, senior representatives of the Czech Technical University (CVUT), the Mayor of Roztoky u Prahy, the government agency Czech Invest, and the site developers Trigema were present at the ground breaking ceremony. The new facility, which aims to accommodate the rapid expansion of Eaton's European Innovation Center in Prague, will be completed around the end of 2014 with employees moving in from the beginning of 2015. Ram Ramakrishnan, Eaton's Executive Vice President and Chief Technology Officer, said, "Eaton's investment in its European Innovation Center represents a vote of confidence in the Czech Republic and its engineering talent pool as well as the importance of European industry as a driver of global innovation in the realm of power management. We look forward to working with our valued partners at the CVUT and our colleagues across Eaton to realize our ambitious growth plans for the Innovation Center over the coming years." The Full Research Report on Eaton 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/9d5a_ETN ]

--

Amphenol Corporation Research Report

On July 18, 2013, Amphenol Corporation (Amphenol) declared its financial results for Q2 2013. The Company reported diluted earnings per share of $0.95 compared to $0.86 per share in Q2 2012. Sales for the Q2 2013 were $1.1 billion, reflecting an increase of 7.1% YoY. Currency translation resulted in increased sales by an estimated $2.1 million in the Q2 2013 compared to Q2 2012. Amphenol President and Chief Executive Officer, R. Adam Norwitt, said, "Our strong growth is further confirmation of the significant benefits of the Company's technology leadership and diversification. We are encouraged to have achieved orders of $1.177 billion in the second quarter, representing a book-to-bill of 1.04 to 1. These results are a direct result of our management team's ability to react quickly in a dynamic environment, especially given the continuing high levels of uncertainty in most of the world's economies. I am very proud of our organization as we continue to execute well." The Full Research Report on Amphenol 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/6a4f_APH ]

--

ABB Ltd. Research Report

On July 22, 2013, ABB Ltd. (ABB) has continuously maintained its position as market leader in the low-voltage motors and has also developed at accelerated rates compared to the market, according to the latest report from information and analytics provider IHS, called "The World Market for Low Voltage Motors 2013 Edition." Ulrich Spiesshofer, Head of ABB's Discrete Automation and Motion division, commented, "The strengthening of our market position reflects the successful integration of Baldor in our total offering. We are now realizing the synergies that were created by this deal." Robert Larsson, Manager of ABB's business unit Motors and Generators, added, "ABB has a strong value proposition and I am happy to see that so many customers appreciate that. These recent findings by IHS motivate us to press ahead with reducing cost of ownership through customer service and innovation." The Full Research Report on ABB 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/78d4_ABB ]

--

Molex Inc. Research Report

On July 16, 2013, Molex Inc. (Molex) introduced a novel line of 'seamless-barrel metric ring terminals, which enable universal use with metric-size studs and screws up to 10mm in diameter and wire sizes up to 6mm².Ideal for terminating to metric screws or threaded posts, the new range of metric ring terminals can also be used in solderless wiring applications in the industrial, automotive, and consumer industries. The metric ring terminals also provide similar features and benefits as the traditional insulated Avikrimp and un-insulated VersaKrimp solderless ring terminals such as enhanced current carrying capability and increased reliability. Chip Walsh, Product Manager, Molex, commented, "Molex is introducing its metric ring terminals to meet the demand from customers that use metric screw or stud sizes and are looking for a wider range of options that provide a more precise fit. Many competitors only offer rings in ASME/ASTM standard sizes and imperial/US customary unit dimensions or in a limited amount of metric sizes." The Full Research Report on Molex 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/f112_MOLX ]

----

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 Analysts' Corner

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