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Zacks News
Avery Dennison Closes Buyout of Smartrac's RFID Inlay Unit
by Zacks Equity Research
Avery Dennison (AVY) to bolster its rapidly-growing Intelligent Labels platform across end markets and customers with the acquisition of Smartrac's Transponder (RFID Inlay) Division.
Northwest Pipe Co. (NWPX) Q4 Earnings and Revenues Top Estimates
by Zacks Equity Research
Northwest Pipe Co. (NWPX) delivered earnings and revenue surprises of 24.24% and 0.34%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Greif (GEF) Divests CPG Business Unit to Graphic Packaging
by Zacks Equity Research
The latest divesture will enable Greif (GEF) to deleverage its balance sheet and optimize capital-allocation priorities while focusing on core industrial franchise and strategic growth priorities.
TriMas (TRS) Q4 Earnings Miss on Weak Industrial Demand
by Zacks Equity Research
TriMas' (TRS) fourth-quarter earnings missed the Zacks Consensus Estimate and also declined from the prior year on weak North American industrial end markets and increased freight costs.
Forget Caterpillar, Buy These 5 Industrial Stocks Instead
by Madhurima Das
While the near-term prospects for Caterpillar (CAT) look bleak at the moment, we suggest five industrial stocks that are poised better with positive growth projections and estimate revision activity.
Greif's (GEF) Earnings Surpass, Sales Miss Estimates in Q1
by Zacks Equity Research
Greif's (GEF) Q1 earnings beat estimates but decline year over year.
Here's Why You Should Add Dover (DOV) to Your Portfolio Now
by Zacks Equity Research
An encouraging outlook, robust backlog, cost-reduction initiatives and solid growth projections make Dover (DOV) an attractive investment option.
Here's Why Grainger (GWW) Stock Should be on Your Watchlist
by Zacks Equity Research
W.W. Grainger (GWW) will gain from efforts to strengthen customer base, turnaround in the Canadian business and growth in e-commerce sales.
AptarGroup (ATR) Q4 Earnings Beat Estimates, Revenues Miss
by Zacks Equity Research
AptarGroup (ATR) fourth-quarter earnings decline year-over-year thanks to inventory reductions by customers in the personal care and beauty markets. This is likely to persist in the first quarter of 2020.
Deere's (DE) Earnings and Revenues Trump Estimates in Q1
by Zacks Equity Research
Deere (DE) is well poised to benefit from precision technologies and projects net income in the range of $2.7 billion to $3.1 billion for fiscal 2020.
TriMas (TRS) to Acquire Rapak, Expand in Bag-in-Box Markets
by Zacks Equity Research
TriMas (TRS) is in the process of adding the Rapak brand name that will help it grow in the lucrative bag-in-box market.
John Bean Technologies (JBT) Q4 Earnings & Sales Top Estimates
by Zacks Equity Research
John Bean Technologies' (JBT) Q4 revenues up, year over year, on acquisition growth, offsetting negative impact of foreign-currency translation.
AptarGroup to Acquire Fusion Packaging, Grow in Beauty Markets
by Zacks Equity Research
AptarGroup (ATR) has agreed to acquire Fusion Packaging, in line with its strategy to cater to demand for fast beauty solutions with differentiated design and decorative offerings
TriMas Aerospace Wins Airbus Deals, Boosts Fastener Solutions
by Zacks Equity Research
TriMas' (TRS) alliance with Airbus supports its growth strategy to boost global customer base in commercial and defense aerospace applications.
Terex's (TEX) Q4 Earnings Surpass Estimates, Sales Miss
by Zacks Equity Research
Terex's (TEX) fourth-quarter earnings declined on a year-over-year basis thanks to the weak demand for industrial equipment, which is expected to persist in 2020 as well.
Lincoln Electric (LECO) Q4 Earnings Top, Sales Lag Estimates
by Zacks Equity Research
Lincoln Electric Holdings' (LECO) fourth-quarter earnings continue to bear the brunt of the slowdown in global industrial production and lower capital spending.
Caterpillar Global Retail Sales Dip for Two Months in a Row
by Zacks Equity Research
Caterpillar's (CAT) global retail sales declined 7% in January and 5% in December putting an end to its stint of 33 consecutive months of sales growth.
Sonoco's (SON) Earnings In Line, Sales Miss Estimates in Q4
by Zacks Equity Research
Sonoco's (SON) bottom-line numbers in Q4 benefit from solid productivity improvements and acquisitions despite year-over-year decline.
Manitowoc (MTW) Earnings Beat, Sales Miss Estimates in Q4
by Zacks Equity Research
Manitowoc (MTW) delivered year-over-year growth in fourth-quarter earnings despite weaker-than-expected revenues aided by continued operational improvements.
Sealed Air (SEE) Q4 Earnings & Revenues Top Estimates, Up Y/Y
by Zacks Equity Research
Sealed Air Corporation's (SEE) bottom line improved in the fourth quarter of 2019 aided by Reinvent SEE strategy.
Near-Term Prospects for Metal Fabrication Industry Dull
by Madhurima Das
Despite near-term cost inflation, the Metal Products - Procurement and Fabrication industry is expected to gain on the back of strengthening end markets and product innovation.
Reasons to Add Sealed Air (SEE) Stock to Your Portfolio Now
by Zacks Equity Research
Sealed Air Corporation (SEE) is worth retaining in the portfolio at the moment backed by strong earnings growth, restructuring program and growth in the fresh food and e-commerce market.
Terex (TEX) Bets on Execute to Win Strategy Amid Weak Demand
by Zacks Equity Research
Terex (TEX) has made considerable progress in its strategic transformation plan that has three principal elements - Focus, Simplify and Execute to Win.
Caterpillar to Benefit From Cost Cuts and Strategic Moves
by Zacks Equity Research
Caterpillar's (CAT) focus on strategic investments, cost cutting measures and growing offerings and services, and digital initiatives like e-commerce, will aid growth.
Grainger Scales New 52-Week High: What's Driving the Stock?
by Zacks Equity Research
Encouraging 2019 outlook and stellar growth prospects are contributing to the rally in Grainger's (GWW) shares.