Machinery: Strong Economy Drives New Demand - Research Report on Pentair, ITT, Xylem, Nordson and Kubota PR Newswire NEW YORK, March 19, 2013 NEW YORK, March 19, 2013 /PRNewswire/ -- Today, Wall Street Source announced new research reports highlighting Pentair, Ltd. (NYSE:PNR), ITT Corp (NYSE:ITT), Xylem Inc (NYSE:XYL), Nordson Corporation (NASDAQ:NDSN) and Kubota Corp (NYSE:KUB). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. Pentair, Ltd.Research Report Pentair saw its shares rise 3.3 percent late February, the most it rose in two months after announcing that the water filtration company raised its quarterly dividend to 25 cents a share through the second quarter of 2014, up from 23 cents a share in the first and second quarters of this year. This comes despite posting a lower-than-expected Q1 2013 forecast in late January, with expected revenue of $1.8 billion and earnings of 54 to 56 cents per share, compared to analysts' expectations of $1.86 billion in revenue and earnings of 68 cents a share. Nevertheless, Q4 2012 results were in line with expectations, posting $1.75 billion in revenue, up from $866 million a year ago taking into consideration the earlier Tyco flow-control deal. The Full Research Report on Pentair, Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wallstsource.com/r/full_research_report/2aa5_PNR] ITT Corp Research Report ITT reported its Q4 2012 earnings toward the end of February this year, posting growth in both revenue and earnings per share due to stronger North American demand, as well as growth in the global oil and gas and chemical markets. Revenue rose 9 percent to $554.3 million from $509.9 million, while earnings per share came in at 37 cents per share, up from 36 cents per share a year ago. In comparison, analysts wanted to see revenue of $534.8 million and earnings per share of 37 cents. For the full year, the company earned $125.4 million or $1.33 per share, compared with a loss of $129.5 million or $1.40 per share in 2011. Revenue, meanwhile, increased to $2.23 billion from $2.09 billion. The forecast for 2013 is a profit of $1.80 to $1.90 per share and revenue of $2.43 billion to $2.47 billion. The Full Research Report on ITT Corp - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wallstsource.com/r/full_research_report/d245_ITT] Xylem Inc Research Report Xylem announced that it has acquired Australian water and wastewater company MultiTrode Pty. Ltd. for $26 million to complement its existing water treatment business with the latter's portfolio of pump station controllers and supervisors, level-sensing devices, web-based monitoring services, supervisory control and data acquisition software, panels and engineering and integration services. In addition, the deal expands Xylem's presence in Australia, as well as adding technology for reducing energy consumption, call-outs, failures, and overflows. Meanwhile, MultiTrode recorded $13 million in sales in fiscal 2012, resulting in a price-to-sale valuation of 2 on the purchase, higher than the 1.3-times-sale valuation of Xylem's shares. The Full Research Report on Xylem Inc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wallstsource.com/r/full_research_report/c5eb_XYL] Nordson Corporation Research Report Nordson announced that it has activated its existing stock repurchase plan, with approximately $85 million available for repurchasing the company's common shares under the plan's total authorization of $100 million. Meanwhile, the company earlier posted its Q1 2013 results, where it met expectations on revenues and missed estimates on earnings per share. Nordson reported revenue of $347.0 million, up 26 percent from the prior-year quarter's $275.8 million, while earnings came in at 62 cents per share, same from the previous year. In comparison, analysts wanted to see revenue of $348.9 million and earnings of 68 cents per share. For the next quarter, the average estimate is revenue of $386.8 million and earnings per share of 91 cents. The Full Research Report on Nordson Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wallstsource.com/r/full_research_report/61c9_NDSN] Kubota Corp Research Report Kubota announced the release of its pellet screening system Super PLATON, which sorts out foreign matters based on color differences such as minute black spots, blurs, black particles, among others that are generated during the production process of plastic pellets. The company expects to sell 100 units for the first year. Meanwhile, Kubota posted revenue of $8.72 billion for the last 9 months of 2012, 13 percent or $1 billion higher than the same period in 2011. Operating income meanwhile came in at $825.42 million, up 1.7 percent or $13.72 million year over year. For the year ending March 31, 2013, the company expects revenue of $12.24 billion. The Full Research Report on Kubota Corp - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wallstsource.com/r/full_research_report/6fe7_KUB] Consider Wall Street Source Tired of hearing about the latest, greatest trade opportunity... only to realize that the ship has long sailed? You need a strong, informative community in your arsenal. Join the group that has been consistently identifying momentous situations as they develop - long before they become the next top news on major financial networks. Contact: Joe Thomas Email: email@example.com Main: +1-310-496-8071 (North America) SOURCE Wall Street Source
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Machinery: Strong Economy Drives New Demand - Research Report on Pentair, ITT, Xylem, Nordson and Kubota
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