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Zacks News
Milacron (MCRN) to Exhibit Innovative Products at Fakuma
by Zacks Equity Research
Milacron's (MCRN) participation in Fakuma 2017, displaying industry leading technologies, to strengthen customer relationship.
AGCO (AGCO) Expands Parts Distribution Center in Regina
by Zacks Equity Research
AGCO's (AGCO) expansion of parts distribution center in Regina to facilitate faster parts delivery to customers in Western Canada.
Applied Industrial (AIT) Up to Buy on Solid Growth Drivers
by Zacks Equity Research
Robust upstream oil & gas business, strengthening fluid power business and Sentinel Fluid Controls buyout benefits will likely boost Applied Industrial's (AIT) near-term results.
AGCO (AGCO) Collaborates With CPF to Form Manufacturing JV
by Zacks Equity Research
AGCO's (AGCO) JV with CP Foods will significantly expand its GSI division's Asian production capabilities.
Apogee Tweaks FY18 Guidance for EFCO Buy, FY19 View Positive
by Zacks Equity Research
Apogee (APOG) cut fiscal 2018 view due to lower than previously expected revenues and margins from the EFCO acquisition. Strong bidding activity and external metrics point to a better fiscal 2019.
How AGCO Corporation (AGCO) Stock Stands Out in a Strong Industry
by Zacks Equity Research
Agco Corporation (AGCO) is seeing solid earnings estimate revision activity, and is a great company from a Zacks Industry Rank perspective.
Packaging Corporation of America to Buy Assets for $265M
by Zacks Equity Research
Packaging Corporation of America's (PKG) acquisition of assets of Sacramento Container Corporation, and 100% interests of Northern Sheets and Central California Sheets will boost its operations.
Caterpillar Hits 52-Week High on Upbeat Sales Growth Figures
by Zacks Equity Research
Caterpillar (CAT) shares have been on an uptrend this year thanks to its turnaround performance. Shares hit a new 52-week high on Aug 22 triggered by the news of its sales peaking 12% in July.
Deere (DE) Poised on Farm Income Growth Amid Rising Expenses
by Zacks Equity Research
Deere's (DE) raised guidance, continued strength in farm income growth and improving construction bodes well despite unfavorable impacts of raw material prices and rising expenses.
Grainger (GWW) Hits 52-Week Low: What's Dragging it Down?
by Zacks Equity Research
Shares of W.W. Grainger Inc. (GWW) have lost around 31.8% year-to-date and hit a 52 week low of $158.35 on Aug 21. Lackluster Q2 performance, inflationary expenses are affecting the stock performance.
Sealed Air Rides on Product Innovation, Near-Term Risks Stay
by Zacks Equity Research
Sealed Air's (SEE) top-line will be boosted by demand for its core product portfolio, recently-introduced innovations and growth in e-Commerce. However, high raw material costs will impact margins.
Can Parker-Hannifin's (PH) Win Strategy Triumph Headwinds?
by Zacks Equity Research
Parker-Hannifin (PH) saw an outstanding fiscal 2017, with impressive earnings beat and healthy top-line growth. Let's delve deeper into the key growth factors that might drive the stock.
Terex (TEX) Poised to Benefit from Portfolio Restructuring
by Zacks Equity Research
Terex (TEX) is expected to benefit from progress on capital allocation strategy and focus on portfolio restructuring.
Caterpillar's (CAT) Monthly Sales Growth Peaks 12% in July
by Zacks Equity Research
Following an upbeat Q2, Caterpillar Inc. (CAT) reported a 12% rise in July sales, the best reading this year. Aided by the Asia Pacific region, the behemoth seems poised to carry the momentum ahead.
Deere (DE) Beats on Q3 Earnings, Misses Sales, Raises View
by Zacks Equity Research
Deere's (DE) third-quarter fiscal 2017 earnings and sales grew year over year, led by improving farm- and construction-equipment markets. While earnings beat the Zacks Consensus Estimate, sales lagged the consensus mark.
Briggs & Stratton Expands Capacity to Boost Commercial Sales
by Zacks Equity Research
Briggs & Stratton Corporation (BGG) is expanding current manufacturing capacity to ride on strong sales growth in commercial products.
Why Caterpillar (CAT) is a Must-Add Stock to Your Portfolio
by Zacks Equity Research
In this write-up we have highlighted few points that make Caterpillar Inc. (CAT) stock a must buy.
Briggs & Stratton (BGG) Misses on Q4 Earnings & Revenues
by Zacks Equity Research
Briggs & Stratton's (BGG) Q4 earnings remained flat year over year. Revenues declined 5.6% year over year, mainly due to softness in residential sales.
6 Reasons to Steer Clear from Bemis (BMS) Stock for Now
by Zacks Equity Research
Backed by a gamut of reasons which include poor price performance, lower inventory turnover compared with the industry, we suggest investors to stay away from Bemis Company Inc. (BMS) right now.
Manitowoc (MTW) to Grow on Initiatives despite Weak Demand
by Zacks Equity Research
The Manitowoc Company, Inc. (MTW), is poised to grow on the implementation of The Manitowoc Way even as overall global market sentiment for lattice boom crawlers and rough-terrain cranes remains soft.
AGCO (AGCO) to Gain from Acquisitions, Increased Investments
by Zacks Equity Research
AGCO (AGCO) is poised to benefit from increased investments through capital expenditures and engineering spend as well as acquisitions.
Caterpillar Poised to Ride on Asia, Cost Cuts & Construction
by Zacks Equity Research
Caterpillar Inc. (CAT) which had so far been struggling with weak mining has managed to deliver a turnaround this year thanks to its cost saving actions, improvement in construction and Asia Pacific.
EnerSys (ENS) Hit by Escalating Commodity Costs, Expenses
by Zacks Equity Research
EnerSys (ENS) continues to grapple with rising lead costs, which has marred its performance since the fiscal fourth-quarter 2017. Also, rising expenses are putting pressure on margin performance.
Applied Industrial (AIT) Q4 Earnings & Sales Beat, Up Y/Y
by Zacks Equity Research
Applied Industrial Technologies' (AIT) adjusted earnings in fourth-quarter fiscal 2017 surpassed the Zacks Consensus Estimate by a penny.
EnerSys (ENS) Q1 Earnings Miss, Revenues Beat Estimates
by Zacks Equity Research
EnerSys (ENS) reported increase in revenues driven by higher organic volume and pricing of products.