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Zacks News
Middleby Business Opportunities Solid, Competition a Drag
by Zacks Equity Research
Middleby (MIDD) is poised to gain from solidifying business platforms, innovation investments and synergies from buyouts. Industry competition and woes in residential kitchen equipment remain issues.
Middleby's Food Processing Unit to Gain From Scanico Buyout
by Zacks Equity Research
Middleby Corporation's (MIDD) Scanico buyout will strengthen the company's existing product offerings and technological expertise in the Food Processing Equipment Group.
Middleby (MIDD) Eyes Growth on Buyouts, Headwinds Linger
by Zacks Equity Research
Middleby (MIDD) believes recent acquisitions and strategic investments will boost its near-term results. However, restructuring expenses remain a drag.
Middleby's (MIDD) Q3 Earnings Miss Estimates, Revenues Beat
by Zacks Equity Research
Middleby Corporation (MIDD) reported weaker-than-expected third-quarter 2017 earnings. However, profitability is anticipated to improve in the near term, backed by solid revenues and successful acquisition-integration moves.
Middleby (MIDD) Downgraded to Sell, Macro Headwinds Linger
by Zacks Equity Research
Middleby's (MIDD) near-term results likely to be hurt due to the strong U.S. dollar, restructuring initiatives or reduced sales from major chain restaurant customers and European end markets.
Middleby Buys QualServ to Boost Kitchen Equipment Business
by Zacks Equity Research
The Middleby Corporation (MIDD) acquires QualServ Solutions, LLC, on the wake of boosting competency in the commercial foodservice equipment industry.
Middleby (MIDD) Q2 Earnings Beat by a Penny, Revenues Miss
by Zacks Equity Research
Middleby Corporation's (MIDD) second-quarter 2017 results benefited from acquisitions, however adverse foreign currency translation played a spoilsport.
Industrial Stocks Q2 Earnings Due on Aug 9: MIDD, WBT & SITE
by Zacks Equity Research
The Middleby Corporation (MIDD), Welbilt (WBT) and SiteOne Landscape Supply (SITE) are scheduled to release second-quarter 2017 results on Aug 9.
Middleby (MIDD) Downgraded to Sell, Macro Headwinds Linger
by Zacks Equity Research
On Jul 11, The Middleby Corporation (MIDD) was downgraded to a Zacks Rank #4 (Sell) from a Zacks Rank #3 (Hold).
Middleby Buys CVP Systems to Boost Food Processing Platform
by Zacks Equity Research
The Middleby Corporation (MIDD) reinforced its inorganic growth trajectory by successfully acquiring CVP Systems Inc. (CVP Systems), for an undisclosed amount.
Middleby (MIDD) Braves Headwinds on Robust Growth Drivers
by Zacks Equity Research
We issued an updated research report on premium diversified machinery company, The Middleby Corporation (MIDD) on May 12.
Middleby (MIDD) Tops Q1 Earnings, Misses Sales Estimate
by Zacks Equity Research
Machinery behemoth, The Middleby Corporation (MIDD) reported mixed first-quarter 2017 results.
Tetra Tech (TTEK) Beats on Q2 Earnings, Raises EPS View
by Zacks Equity Research
In the recently reported second-quarter fiscal 2017 results, Tetra Tech Inc. (TTEK) posted its second consecutive earnings beat.
Emerson (EMR) Q2 Earnings in Line, Guidance Raised Again
by Zacks Equity Research
Emerson (EMR) second-quarter fiscal 2017 earnings were in line with estimates, while revenues beat.
Flowserve (FLS) Q1 Earnings Top, Down Y/Y, Guidance Intact
by Zacks Equity Research
Flowserve Corp.'s (FLS) first-quarter 2017 adjusted earnings of 25 cents per share topped the Zacks Consensus Estimate of 20 cents by 25.0%.
A.O. Smith (AOS) Keeps Earnings Beat String Alive in Q1, Grows Y/Y
by Zacks Equity Research
A. O. Smith Corporation (AOS) reported first-quarter 2017 earnings per share of 50 cents. The company comfortably beat the Zacks Consensus Estimate of 47 cents by 6.4%, thus maintaining its earnings beat streak for the twenty-second straight quarter.
Snap-On (SNA) Beats on Q1 Earnings, Organic Growth Strong
by Zacks Equity Research
Snap-On's (SNA) first-quarter 2017 earnings and revenues trumped estimates.
ABB Ltd (ABB) Clinches Order for UK-France Power Link
by Zacks Equity Research
ABB Ltd (ABB) recently announced that it has secured an order from the UK grid operator, National Grid and R??seau de Transport d'Electricit??, to provide its proprietary HVDC (high-voltage direct current) technology.
Fluor Secures Texas Contract for U.S. 287 Expansion Project
by Zacks Equity Research
Premium engineering and construction firm, Fluor Corporation (FLR), recently announced that it has clinched a "bid-build contract" from Texas Department of Transportation ("TxDOT"), for the U.S. 287 Expansion Project in Ellis County.
Flowserve (FLS) to Divest Gestra as Part of Restructuring
by Zacks Equity Research
Flowserve (FLS) announced its decision to divest the Gestra AG business unit to Spirax-Sarco Engineering plc for $198.4 million.
Why Is Middleby (MIDD) Down 2.9% Since the Last Earnings Report?
by Zacks Equity Research
Middleby (MIDD) reported earnings 30 days ago. What's next for the company? We take a look at earnings estimates for some clues.
Parker-Hannifin Renames O-Ring Division Following Reshuffle
by Zacks Equity Research
Premium motion and control technologies provider, Parker-Hannifin Corporation's (PH) O-Ring Division has been renamed Parker O-Ring & Engineered Seals Division, following the consolidation of its Engineered Material Group.
ABB Wins Deal to Supply Roof-Mounted Traction Transformers
by Zacks Equity Research
The premium robotics and power grid solutions provider, ABB Ltd (ABB), recently clinched a contract from Bombardier Transportation.
Flowserve Unlikely to Stage a Comeback Soon: Here's Why
by Zacks Equity Research
For more than two years now, premium industrial and environmental machinery provider, Flowserve Corporation (FLS), has been plagued by familiar macroeconomic woes that have severely maligned the performance firms tied to the energy complex.
Middleby Corp. (MIDD) Poised to Grow Amid Macro Headwinds
by Zacks Equity Research
We issued an updated research report on the premium diversified machinery company Middleby Corp. (MIDD) on Mar 2, 2017.