Successful Acquisitions, Invitations to Investors Conferences, and Property Expansion - Research Report on Meritage Homes, Nordson, Actuant, Hovnanian, and Beazer
NEW YORK, September 9, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Meritage Homes Corporation (NYSE: MTH), Nordson Corporation (NASDAQ: NDSN), Actuant Corporation (NYSE: ATU), Hovnanian Enterprises Inc. (NYSE: HOV), and Beazer Homes USA Inc. (NYSE: BZH). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Meritage Homes Corporation Research Report
On September 4, 2013, Meritage Homes Corporation (Meritage Homes) announced that it has acquired the assets and operations of Phillips Builders to expand its presence to the Nashville, Tennessee market. The Company informed that in accordance to the acquisition deal, it will operate in Nashville under the Phillips Builders brand name, while Jason and Charlie Phillips will continue to lead the Company with the responsibility to grow the homebuilding business for Meritage Homes in the region. Steven J. Hilton, Chairman and CEO of Meritage Homes said, "The acquisition of Phillips Builders provides Meritage with a successful operation, respected management team and valuable asset position in the strong and growing Nashville market. This is our fourth expansion market in the last two years and is consistent with our strategy to enlarge our Southeast Region. We are excited about the additional opportunities for growth that it presents for Meritage." The Full Research Report on Meritage Homes 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/45c8_MTH]
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Nordson Corporation Research Report
On September 3, 2013, Nordson Corporation (Nordson) reported that it successfully completed the acquisition of Kreyenborg Group's Kreyenborg GmbH and BKG Bruckmann & Kreyenborg Granuliertechnik GmbH companies. The update comes in connection to a Nordson's previous announcement dated July 18, 2013, that it has entered into an agreement to acquire the businesses. Michael F. Hilton, Nordson's President CEO, commented, "These high quality properties add to our portfolio of highly engineered melt stream components and enhance our ability to serve our OEM machine builder customers in plastic extrusion markets, ultimately helping them to deliver the highest value and system performance to their end users. The new businesses also bring product solutions that expand Nordson's addressable market to include plastic compounding, recycling and related applications. We are pleased to welcome the employees of Kreyenborg and BKG to Nordson and are excited by the many opportunities we see for continued profitable growth." 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.AnalystsCorner.com/r/full_research_report/68c0_NDSN]
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Actuant Corporation Research Report
On August 27, 2013, Actuant Corporation (Actuant) reported that it has completed the acquisition of Viking SeaTech (Viking) for a total consideration of £150 million (c.$225 million). According to the Company, the transaction was funded from Actuant's cash and revolving credit facility. Actuant also informed that it will announce its Q4 FY 2013 and full year FY 2013 financial results on Tuesday, October 1, 2013. The Full Research Report on Actuant 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/d677_ATU]
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Hovnanian Enterprises Inc. Research Report
On August 26, 2013, Hovnanian Enterprises Inc. (Hovnanian) reported that on Monday, September 9, 2013, it will release its financial results for Q3 FY 2013 (period ended July 31, 2013). Hovnanian informed that it will also provide a webcast of its Q3 FY 2013 earnings conference call at 11:00 a.m. ET on the same day. According to the Company, interested parties can access the call and presentations used via the Investor Relations section of the Company's website and the webcast archive will be accessible for 12 months. Hovnanian stated that users can also access a listen-only archive of the broadcast under the Audio Archives section of the Investor Relations section of the Hovnanian. The Full Research Report on Hovnanian Enterprises 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/bb4c_HOV]
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Beazer Homes USA Inc. Research Report
On September 3, 2013, Beazer Homes USA Inc. (Beazer) announced its plans to construct a new community on a 204-acre land parcel in Tomball, Texas - one of the thriving submarkets for new homes in Houston. Beazer reported that it plans to spearhead development efforts for the Master Planned Community of Hayden Lakes in and on completion, Hayden Lakes will have 588 single-family residences, ranging in sizes from c. 2,000 square feet to over 4,500 square feet. Bruce Craig, Division President for Beazer Homes in the Houston area, commented, "We are excited to expand our presence in Northwest Houston in a large-scale Master Planned Community. With numerous floor plans, elevations and recreational amenities, Hayden Lakes should appeal to a variety of homebuyers who will enjoy living in an energy efficient, new Beazer home." Beazer informed that it anticipates the development at Hayden Lakes to start in late 2013 with the intention of offering its first homes for sale into this community in mid-2014. The Full Research Report on Beazer Homes USA 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/b5dd_BZH]
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