NEW YORK, March 25, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding
Dresser-Rand Group Inc. (NYSE: DRC), Roper Industries, Inc. (NYSE:
ROP), Actuant Corporation (NYSE: ATU), ABB Ltd. (NYSE: ABB), and
Ocean Power Technologies, Inc. (NASDAQ: OPTT). Private wealth
members receive these notes ahead of publication. To reserve
complementary membership, limited openings are available at:
http://www.AnalystsReview.com/register
Dresser-Rand Group Inc. Analyst Notes
On March 19, 2014, Dresser-Rand
Group, Inc. (Dresser-Rand) announced that it will be participating
at Howard Weil's 42nd Annual Energy Conference at The
Roosevelt New Orleans Hotelon March 26,
2014. The Company's President and CEO, Vincent R. Volpe, Jr., is scheduled to present
at the conference at 10:45 a.m. CDT /
11:45 a.m. EDT. The Company informed
that while there will be no webcast of the presentation, the slides
used during the presentation will be posted on its website. The
full analyst notes on Dresser-Rand Group Inc. are available to
download free of charge at:
http://www.AnalystsReview.com/03252014/DRC/report.pdf
Roper Industries, Inc. Analyst Notes
On March 17, 2014, Roper
Industries, Inc. (Roper) announced that its Board of Directors has
approved a dividend of $0.20 per
share. The dividend is payable on April 25,
2014, to stockholders of record as of April 11, 2014. Roper provides engineered
products and solutions for global niche markets, including software
information networks, medical, water, energy, and transportation.
The full analyst notes on Roper Industries, Inc. are available to
download free of charge at:
http://www.AnalystsReview.com/03252014/ROP/report.pdf
Actuant Corporation Analyst Notes
On March 19, 2014, Actuant
Corporation (Actuant) reported financial results for Q2 FY2014
(period ended February 28, 2014).
During the quarter, the Company's total sales increased 9.1% YoY to
$328.0 million. Q2 FY2014 net
earnings from continuing operations came in at $22.3 million, or $0.30 per diluted share, compared to $25.8 million, or $0.35 per diluted share, in Q2 FY2013. "On a
consolidated basis, results in the quarter were generally in line
with our forecast and reflected the normal seasonal slowdown. The
4% core sales growth includes significantly improved activity in
Energy and continued solid growth in Engineered Solutions,"said
Mark E. Goldstein, CEO of Actuant.
"We are pleased with the progress we are making on some of the
operational issues within Energy that we highlighted last quarter.
However, the impact of segment mix, choppy demand, and other
inefficiencies related to facility closures and relocations weighed
on consolidated profit margins. While our pre-tax income increased
year-over-year, tax expense doubled, resulting in a decline in
year-over-year second quarter EPS." The full analyst notes on
Actuant Corporation are available to download free of charge
at:
http://www.AnalystsReview.com/03252014/ATU/report.pdf
ABB Ltd. Analyst Notes
On March 19, 2014, ABB Ltd. (ABB)
announced that it has won an order worth approximately $110.0 million from the Saudi Electricity Company
(SEC) to construct substations that aims to boost transmission
capacity in the country's western region.The Company said that the
110 kV power supply enabled by the substations will serve the
settlements of Turbah, Al-Khurmah and Rania, mitigating the use of
diesel-generated power in isolated areas. "These substations will
strengthen the grid and enhance transmission capacity, bringing
much-needed electricity to the region to meet growing domestic and
industrial demand," said Claudio
Facchin, Head of Power Systems division at ABB. The full
analyst notes on ABB Ltd. are available to download free of charge
at:
http://www.AnalystsReview.com/03252014/ABB/report.pdf
Ocean Power Technologies, Inc. Analyst Notes
On March 14, 2014, Ocean Power
Technologies, Inc. (OPT) reported financial results for Q3 FY2014
(period ended January 31, 2014).
During the quarter, the Company's revenue declined to $0.2 million, from $0.9
million in Q3 FY2013. Also, net loss attributable to OPT
came in at $0.8 million, or
$0.06 loss per share, compared to a
net loss of $1.5 million, or
$0.14 loss per share, in Q3 FY2013.
OPT recently announced that an amended grant agreement related to
its planned wave power station project off the coast of
Australia was signed with the
Australian Renewable Energy Agency (ARENA)."We are very grateful
for the support of the Australian Government and ARENA in working
with us to make positive improvements to the funding deed and for
their supporting our unique and game-changing technology," said
Charles F. Dunleavy, CEO of OPT.
"This new agreement significantly improves our ability to attract
investors during the early stages of the project. We also
appreciate the involvement of Lockheed Martin and its continuing
efforts as the project enters its next phase." The full analyst
notes on Ocean Power Technologies, Inc. are available to download
free of charge at:
http://www.AnalystsReview.com/03252014/OPTT/report.pdf
About Analysts Review
We provide our members with a simple and reliable way to
leverage our economy of scale. Most investors do not have time to
track all publicly traded companies, much less perform an in-depth
review and analysis of the complexities contained in each
situation. That's where Analysts Review comes in. We provide a
single unified platform for investors' to hear about what matters.
Situation alerts, moving events, and upcoming opportunities.
=============
EDITOR NOTES:
- This is not company news. We are an independent source and our
views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a
best efforts basis and reviewed by Nidhi Vatsal, 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.
- 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.
- 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 pubco [at] AnalystsReview.com.
-
For any urgent concerns or inquiries,
please contact us at compliance [at] AnalystsReview.com.
- Are you a public company? Would you like to see similar
coverage on your company? Send us a full investors' package to
research [at] AnalystsReview.com 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
Analysts Review. An outsourced research services provider
represented by Nidhi Vatsal, CFA, has only reviewed the information
provided by Analysts Review in this article or report according to
the Procedures outlined by Analysts Review. Analysts Review 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
Analysts Review 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
Analysts Review 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 Analysts Review
whatsoever for any direct, indirect or consequential loss arising
from the use of this document. Analysts Review expressly disclaims
any fiduciary responsibility or liability for any consequences,
financial or otherwise arising from any reliance placed on the
information in this document. Analysts Review 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.
http://www.AnalystsReview.com
SOURCE Analysts Review