Improved Internal Operations, Marketing Plans, Investor Conferences, Dividends, and Company Appointments - Research Report on John Deere, Joy Global, Flowserve, ITT, and Polypore
NEW YORK, August 19, 2013 /PRNewswire via COMTEX/ --
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Today, Analysts' Corner announced new research reports highlighting Deere & Company (NYSE: DE), Joy Global, Inc. (NYSE: JOY), Flowserve Corp. (NYSE: FLS), ITT Corporation (NYSE: ITT), and Polypore International Inc. (NYSE: PPO). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Deere & Company Research Report
On August 14, 2013, Deere & Company (John Deere) reported its Q3 FY 2013 (period ended July 31, 2013) financial results with worldwide net sales and revenues totaling $10.0 billion, up 4.4% YoY. Net income attributable to John Deere stood at $996.5 million or $2.56 per share, compared with $788.0 million or $1.98 per share in Q3 FY 2012. Samuel R. Allen, Chairman and CEO, commented, "Sales and income for the period were higher than in any prior third quarter." Allen continued, "Deere's success is a reflection of considerable strength in the farm sector, especially in North and South America. We also are making further progress executing our wide-ranging operating and marketing plans, which call for expanding our global market presence while keeping a close watch on costs and assets." The Company expects FY 2013 net income attributable to Deere & Company to be approximately $3.5 billion. The Full Research Report on Deere & Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/2322_DE]
Joy Global, Inc. Research Report
On August 14, 2013, Joy Global Inc. (Joy Global) announced the scheduled release of its Q3 FY 2013 (period ended July 27, 2013) earnings. The Company stated that it will report its Q3 FY 2013 financial results on Wednesday, August 28, 2013, before the market opens. and the Company will also host a conference call on the same day at 11:00 a.m. EDT. Joy Global informed that Michael W. Sutherlin, President and CEO, and James M. Sullivan, Executive Vice President and CFO, will host the call to discuss the Company's financial results and replay of the call will be available until the close of business on September 30, 2013. The Full Research Report on Joy Global, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/bc04_JOY]
Flowserve Corp. Research Report
On August 14, 2013, Flowserve Corp. (Flowserve) announced that Leif E. Darner has been newly elected to the Company's board of directors. Flowserve stated that after the appointment of Mr. Darner the strength of the Board comes to 11 out of which 10 are independent members. The Company also informed that prior to joining Flowserve he held the role of CEO of Akzo Nobel and led the chemicals business of the global paints and coatings company. James O. Rollans, Non-Executive Chairman of the Flowserve Board of Directors, commented, "Leif's leadership experience, demonstrated through his proven track record of growing international businesses in global markets, aligns well with the Flowserve growth strategy and makes him an ideal fit for the board." The Full Research Report on Flowserve Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/f1c0_FLS]
ITT Corporation Research Report
On August 8, 2013, ITT Corp. (ITT) and its Board of Directors have approved a cash dividend of $0.10 per share for Q3 2013. ITT stated that the dividend is payable on October 1, 2013 to shareholders of record as on August 30, 2013. The Full Research Report on ITT Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/d845_ITT]
Polypore International Inc. Research Report
On August 7, 2013, Polypore International Inc. (Polypore) stated that Christopher L. Cowger is the new President for Energy Storage - Electronics and Electric Drive Vehicles (EDVs) with effect from September 3, 2013. Polypore informed that Mr. Cowger holds vast commercial and operational experience from high technology and automotive companies including GM, Dell and Advanced Micro Devices (AMD), and prior to joining Polypore he served as President and CEO of Ener1. According to the Company, Mr. Cowger will replace Mitchell J. Pulwer and both of them will work together through year-end to ensure a smooth transition. The Full Research Report on Polypore International Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/c038_PPO]
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