Carlisle Companies to buy Hawk Corp for $413m
Manufacturing group Carlisle Companies (NYSE:CSL) said Friday that it has agreed to acquire Hawk Corp (NYSE Amex:HWK), a supplier of friction products for brakes, clutches and transmissions, for $413...
View ArticleLeCroy widens Q1 losses, but meets Wall Street estimates
LeCroy (Nasdaq: LCRY), a supplier of oscilloscopes based in New York, met analyst expectations for its first quarter fiscal 2011 results, despite widening its losses during the period. For the quarter...
View ArticleRitchie Bros. Auctioneers Q3 Results Beats Estimates; Reaffirms 2010 Guidance
Ritchie Bros. Auctioneers (TSX: RBA, NYSE:RBA), an industrial equipment auctioneer based in British Columbia, Canada, reported today that profits increased by 5% during the third quarter, beating...
View ArticleDXP Enterprises to acquire assets of D&F Distributors for $13.4 m
Products and service distributor DXP Enterprises (NASDAQ: DXPE) said it has agreed to acquire the assets of D&F Distributors, a company that services and distributes industrial, commercial and...
View ArticleA.O. Smith To Sell Electronic Motor Division To Regal Beloit For $875 Million
A.O. Smith (NYSE: AOS), a water purifier manufacturer, announced today it has agreed to sell its electric motor division to electric motor manufacturer Regal Beloit (NYSE: RBC) in a deal worth about...
View ArticleEnWave announces positive dehydration testing results for preserving...
EnWave Corp (TSX-V: ENW)(FSX: E4U) said Thursday that the Saskatchewan Research Council (SRC) has received positive results from tests designed to measure the benefits of EnWave's freezeREV dehydration...
View ArticleEnWave’s dehydrating technology has potential to become new food industry...
REV technology allows faster dehydration using less energy with a smaller machine- the company claims up to 80% reduction in processing costs. Food has been shown to retain better color, texture, and...
View ArticleA-Power Energy signs $30.5m contract to build biomass power plant in China
Chinese wind turbine manufacturer A-Power Energy Generation Systems (NASDAQ:APWR) announced Monday that it has signed a RMB 200.7 million (roughly US$30.5 million) contract to develop a biomass power...
View ArticleNF Energy Saving shares down as Q4 earnings slide
NF Energy Saving Corp. (NASDAQ:NFEC), a Chinese manufacturer of energy-saving flow control equipment, said Friday that fourth quarter earnings dropped 64% due to disruptions resulting from the...
View ArticleA.O. Smith triples Q2 profits, but lowers full year forecast
A.O. Smith (NYSE:AOS) on Tuesday posted strong earnings in the second quarter, beating analyst forecasts, as its water business in China continued to expand, but residential water heater sales in North...
View ArticleEnWave signs research agreement with Merck
EnWave Corp. (CVE:ENW) has signed a research evaluation agreement with Merck, the company said Monday. Under the deal's terms, Merck will perform a field test to suss-out the feasibility of EnWave’s...
View ArticleLeCroy posts preliminary Q2 results in line with estimates, shares up 6.5%
LeCroy Corp. (NASDAQ:LCRY), a supplier of oscilloscopes, reported preliminary second quarter revenue in line with market expectations, the company said Monday. Revenues are seen rising 13.5 percent...
View ArticleA.O. Smith Q4 sales up 24% but profits flat
Water heater and electric motor maker A.O. Smith (NYSE:AOS) posted better-than-expected fourth quarter sales spurred by acquisitions and organic growth, despite reporting flat profits, the company said...
View ArticleAnturion: Right place, right time, right product
The next 12 months could utterly transform PLUS-listed Anturion (Symbol:ATNP), which has developed an exhaust sensor that helps cut down harmful vehicle emissions. By the end of 2012 the business...
View ArticleParker Drilling widens Q4 loss on impairment charge
Parker Drilling (NYSE:PKD) said Thursday it widened its fourth quarter loss as it was hit with a massive impairment charge. For the three months that ended December 31, the drilling contractor posted a...
View ArticleRitchie Bros. Q4 profit doubles on higher auction revenue
Ritchie Bros. Auctioneers' (NYSE:RBA) said Tuesday that fourth-quarter profit almost doubled as auction revenue jumped 28 percent.For the quarter to December 31, net profit for the company which...
View ArticleCanElson Q4 profit more than triples, revenue jumps 163%
CanElson Drilling (TSE:CDI) said Monday its fourth quarter profit more than tripled on higher sales, as the company's board approved an initial dividend. For the three months that ended December 31,...
View ArticleAnturion reports further positive results from NOx sensor tests
Anturion (LON:ATNP) has moved closer to commercialising its exhaust sensor to detect harmful nitrogen oxides (NOx) as further tests of the product have yielded successful results. Anturion said the...
View ArticleAnturion nears commercialisation of NOx sensors, plans to start sales in 2012
Anturion (LON:ANTP), which is focused on the development of exhaust sensor to detect harmful nitrogen oxides (NOx), confirmed plans to begin sales before the end of 2012 in today's full year report....
View ArticleA.O. Smith Q1 sales and earnings increase, raises FY 2012 guidance
A.O. Smith Corp. (NYSE:AOS) Friday reported that its first quarter sales and earnings increased on contributions from acquired business and growth in China.Smith’s shares rose 5.62 percent on the back...
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