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Zacks News
EnerSys' Alpha Group Buyout to Strengthen Earnings Prospects
by Zacks Equity Research
EnerSys (ENS) acquires the Alpha Technologies Group of companies, in a bid to expand its product portfolio across the telecom, broadband, industrial and renewable markets.
Illinois Tool Provides Long-Term Goals, Initiates 2019 View
by Zacks Equity Research
On its Investors Day, Illinois Tool (ITW) emphasizes its Enterprise Strategy and provides financial targets for 2019 and the five-year period from 2019 till 2023.
Graco Hikes Dividend, to Buyback 18M Shares Under New Program
by Zacks Equity Research
Graco's (GGG) rewards to shareholders, including hike in quarterly dividend rate and share repurchase of up to 18 million shares, are in compliance with its sound capital-allocation strategies.
Kaman Seals New K-Max Aircraft Order From Precision Lift
by Zacks Equity Research
Precision Lift places second order for K-MAX helicopter from Kaman's (KAMN) unit, Kaman Aerosystems, in order to reinforce its existing firefighting assets portfolio.
Macquarie Refinances & Amends Existing Debt Facilities
by Zacks Equity Research
Macquarie (MIC) amends and refinances the existing debt facilities supporting its Atlantic and IMTT subsidiaries, and also extends its weighted average debt maturity period.
Here's Why It's Worth Investing in Flowserve (FLS) Stock Now
by Zacks Equity Research
Flowserve (FLS) to gain from strengthening demand in end markets served, initiatives to improve operations, lower taxes and effective capital-allocation strategies.
Regal Beloit (RBC) to Sell Drives & Control Business by 1Q19
by Zacks Equity Research
Regal Beloit's (RBC) divestment of its highly engineered drives and control systems business will help it focus more on its core businesses.
Why Welbilt (WBT) Could Be Positioned for a Slump
by Zacks Equity Research
Welbilt (WBT) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.
4 Manufacturing Stocks to Bet on Despite Trade War Jitters
by Zacks Equity Research
As stocks tumble on rekindled trade worries, we suggest four industrial stocks that you can bet on backed by their robust growth prospects and solid data coming from the manufacturing sector.
HD Supply Ups FY18 View, Announces New $500M Buyback Program
by Zacks Equity Research
HD Supply (HDS) increases financial projections for fiscal 2018, after reporting robust fiscal third-quarter results. It also receives its board's approval for additional $500-million share buyback.