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Diversified Industrial Companies Announce New Appointments, Share Repurchase Programs, Secondary Share Offerings and Financial



 Diversified Industrial Companies Announce New Appointments, Share Repurchase
Programs, Secondary Share Offerings and Financial Results - Research Report on
                   UTC, ITW, Generac, Roper, and Flowserve

PR Newswire

NEW YORK, August 13, 2013

NEW YORK, August 13, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom

Today, Investors' Reports announced new research reports highlighting United
Technologies Corporation (NYSE: UTX), Illinois Tool Works Inc. (NYSE: ITW),
Generac Holdings Inc. (NYSE: GNRC), Roper Industries, Inc. (NYSE: ROP), and
Flowserve Corporation (NYSE: FLS). Today's readers may access these reports
free of charge - including full price targets, industry analysis and analyst
ratings - via the links below.

United Technologies Corporation Research Report

On July 25, 2013, United Technologies Corporation (UTC) announced that it has
appointed Nicole Parent Haughey as the Vice President of Corporate Strategy &
Development. Under this position, UTC informed that Haughey will be
responsible for optimizing the Company's global business portfolio and capital
deployment strategies to drive growth. As per the Company, Haughey will report
to Gregory Hayes, Senior Vice President and CFO of UTC, and succeed Matthew
Bromberg, who has been appointed as the President of Pratt & Whitney
Aftermarket. Prior to joining UTC, Haughey was a Managing Partner at Vertical
Research Partners LLC. The Full Research Report on United Technologies
Corporation - including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.investorsreports.com/report/2013-08-05/UTX]

Illinois Tool Works Inc. Research Report

On August 2, 2013, Illinois Tool Works Inc. (ITW) announced that its Board of
Directors has approved a new share repurchase program, authorizing the
management to buy back up to $6 billion of the Company's common stock over an
open ended period of time. The Company informed that the full authorization
represents approximately 81 million shares based on its closing share price on
August 1, 2013. Further, ITW's Board of Directors has authorized a 10.5%
dividend increase, representing a quarterly increase of $0.04 per share, or
$0.16 per share annually versus the current dividend rate. Regular quarterly
cash dividends will now come in at $0.42 per share, or $1.68 per share on an
annual basis. ITW reported that the dividend will be payable on October 8,
2013 to stockholders of record as of September 30, 2013. The Full Research
Report on Illinois Tool Works Inc. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.investorsreports.com/report/2013-08-05/ITW]

Genera Holdings Inc. Research Report

On August 2, 2013, Generac Holdings Inc. (Generac) announced the pricing of an
underwritten secondary offering of 7.0 million shares of its common stock by
funds affiliated with CCMP Capital pursuant to Generac's shelf registration
statement previously filed with the Securities and Exchange Commission.
Generac informed that the selling stockholders will receive all of the
proceeds from this offering. In other news dated August 1, 2013, the Company
announced the closing of the purchase agreement to acquire equity of Tower
Light Srl (Tower Light) and its wholly-owned subsidiaries from Ambienta I,
advised by Ambienta SGR, and a group of minority-share investors. The Full
Research Report on Generac Holdings Inc. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.investorsreports.com/report/2013-08-05/GNRC]

Roper Industries, Inc. Research Report

On July 29, 2013, Roper Industries, Inc. (Roper) reported financial results
for Q2 2013. The Company's Q2 2013 GAAP revenue was up 8.2% YoY to $784.0
million. GAAP net earnings came in at $111.4 million or $1.11 per diluted
share, compared with $114.8 million or $1.15 per diluted share in Q2 2012. "We
expect total sales growth in the second half of the year to be 12% to 14%,"
said Brian Jellison, Chairman, President, and CEO of Roper. "Contributions
from acquisitions continue to be on-track and due to changes in certain niche
businesses, we expect second half organic growth between 6% and 8%, compared
to our prior expectation of 7% to 9%." For full-year 2013, the Company revised
its guidance for adjusted diluted EPS to be between $5.72 and $5.86, lower
than its previous guidance range of $5.76 to $5.94. The Full Research Report
on Roper Industries, Inc. - including full detailed breakdown, analyst ratings
and price targets - is available to download free of charge at:
[http://www.investorsreports.com/report/2013-08-05/ROP]

Flowserve Corporation Research Report

On July 24, 2013, Flowserve Corporation (Flowserve) reported Q2 2013 financial
results. The Company's Q2 2013 sales were $1.2 billion, up 4.8% YoY, or 5.1%
YoY on a constant currency basis. Q2 2013 operating income increased 11.3% YoY
to $183.5 million. Net earnings attributable to Flowserve for Q2 2013 were
$120.4 million, or $0.84 per diluted share, compared with $107.3 million, or
$0.66 per diluted share, in Q2 2012. "During the second quarter and first half
of 2013, we have leveraged single-digit revenue increases into mid-20% EPS
growth through improving operations, including a combination of solid revenue
flow-through, margin improvement, and cost leverage, as well as share count,"
said Mike Taff, Senior Vice President and CFO of Flowserve. "With these
attributes and our normal earnings seasonality, we remain confident in
reaffirming our 2013 split-adjusted EPS guidance of $3.20 to $3.53." The Full
Research Report on Flowserve Corporation - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.investorsreports.com/report/2013-08-05/FLS]

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SOURCE Investors' Reports

Contact: CONTACT PERSON: Kristi Saunders, CONTACT PHONE: +1-315-982-6420
(North America)
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