News about

UPDATE: Credit Suisse Downgrades Gardner Denver to Underperform on Acquisition by KKR

Wed, 15 May 2013 09:44:54 -0400

In a report published Wednesday, Credit Suisse analyst Julian Mitchell downgraded the rating on Gardner Denver (NYSE: GDI) from Outperform to Underperform, but slightly raised the price target from $75.00 to $76.00.

In the report, Mitchell noted, “Given that the acquisition by KKR appears to be on track, and

US Stock Futures Down Ahead Of GDP Data

Fri, 26 Apr 2013 06:01:04 -0400

US stock futures are lower this morning, as investors are awaiting growth data. Futures for the Dow Jones Industrial Average dropped 38 points to 14,615.00 and S&P 500 index futures fell 5.20 points to 1,576.50. Nasdaq 100 futures declined 8.50 points to 2,835.50.

US stocks closed higher on Thursday, with the

Earnings Scheduled For April 26, 2013

Fri, 26 Apr 2013 04:14:25 -0400

American Electric Power Co (NYSE: AEP) is estimated to report its Q1 earnings at $0.80 per share on revenue of $3.78 billion.

ACCO Brands (NYSE: ACCO) is expected to report its Q1 earnings at $0.00 per share on revenue of $386.18 million.

Burger King Worldwide (NYSE:

IDEX Acquires FTL Seals Technology – Analyst Blog

Tue, 19 Mar 2013 13:50:01 -0400

IDEX Corporation, an applied solutions company, recently acquired England based private company FTL Seals Technology Ltd., which specializes in custom made products for the oil & gas, marine markets and power generation.

Kohlberg Kravis in Expansion Mode – Analyst Blog

Mon, 11 Mar 2013 18:10:01 -0400

Private-equity firm Kohlberg Kravis Roberts & Co. announced its plan to acquire Pa.-based industrial equipment manufacturer Gardner Denver Inc.

Gardner to be Acquired by Kohlberg – Analyst Blog

Mon, 11 Mar 2013 13:50:01 -0400

The engineered products manufacturer, Gardner Denver Inc. announced that it has entered into a definitive agreement to be sold to a global investment firm, Kohlberg Kravis Roberts & Co. L.P. for $3.9 billion.

Benzinga's M&A Chatter for Friday March 8, 2013

Sat, 09 Mar 2013 10:05:33 -0500

The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday March 8, 2013:

Gardner Denver to Be Acquired By KKR for $76/Share

The Deal:Gardner Denver (NYSE: GDI) and KKR (NYSE: KKR) announced Friday that the companies have agreed to merge in a transaction

A Big Jobs Number Means Party Time for the Bulls

Fri, 08 Mar 2013 16:15:00 -0500

Today's financial recap and tomorrow's financial outlook.

KKR to Acquire Gardner Denver for $3.9 Billion (GDI, KKR)

Fri, 08 Mar 2013 08:49:36 -0500

Compressor and vacuum manufacturer, Gardner Denver, Inc. (GDI) and investment company, KKR & Co. L.P. (KKR) reported on Friday morning that they have finalized a deal to merge the two companies. Talks of a merger between the companies caused the share price to rise late Thursday. On Friday morning, an official deal was announced that [...]

Chart Outperforms in 4Q – Analyst Blog

Tue, 05 Mar 2013 13:39:01 -0500

Chart Industries Inc., an engineered equipment manufacturer for industrial gases, posted strong results for the fourth quarter and full-year 2012. Chart posted earnings of 80 cents per share, increasing 56.9% year over year.

Benzinga's M&A Chatter for Monday March 4, 2013

Mon, 04 Mar 2013 17:17:53 -0500

The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday March 4, 2013:

New Energy Systems Receives Non-Binding Going Private Proposal from Chairman of $1.30/Share

The Offer:New Energy Systems Group (NYSE: NEWN) announced Monday, that its Board of Directors has received a preliminary, non-binding proposal

Tuesday March 5th watchlist

Mon, 04 Mar 2013 17:09:00 -0500

Strong 4Q12 for Middleby – Analyst Blog

Wed, 27 Feb 2013 12:40:01 -0500

The Middleby Corporation posted earnings per share of $2.03 for fourth-quarter 2012, up 8.6% compared with $1.87 in the year-ago quarter. It also surpassed the Zacks Consensus Estimate of $1.78 by 14.0%.

Benzinga's M&A Chatter for Friday February 22, 2013

Sat, 23 Feb 2013 10:53:57 -0500

The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday February 22, 2013:

Ark Restaurants Rejects Landry's $22/Share Bid

The Rejection:Ark Restaurants (NASDAQ: ARKR) said Friday that its Board of Directors has decided that the unsolicited proposal from Landry's to acquire Ark Restaurants for $22

Gardner Denver Receives Takeover Offer From KKR (GDI, KKR)

Fri, 22 Feb 2013 10:08:45 -0500

Investment firm, KKR & Co. L.P(KKR) makes offer on Thursday to acquire compressor and vacuum company, Gardner Denver, Inc.(GDI). The firm offered $75 per share for the company which was valued at approximately $3.68 billion. KKR was the only remaining bidder for the company after potential buyers decided to pass on the company. Previously, a [...]

Earnings Scheduled For February 22, 2013

Fri, 22 Feb 2013 04:32:32 -0500

Abercrombie & Fitch Co (NYSE: ANF) is expected to report its Q4 earnings at $1.96 per share on revenue of $1.49 billion.

Barnes Group (NYSE: B) is estimated to report its Q4 earnings at $0.51 per share on revenue of $326.20 million.

Charter Communications (NASDAQ: CHTR)

Stocks To Watch For February 22, 2013

Fri, 22 Feb 2013 04:16:13 -0500

Some of the stocks that may grab investor focus today are:

Wall Street expects Abercrombie & Fitch Co (NYSE: ANF) to report its Q4 earnings at $1.96 per share on revenue of $1.49 billion. Abercrombie & Fitch shares rose 0.92% to $49.50 in after-hours trading.

Hewlett-Packard Co (NYSE:

Benzinga's M&A Chatter for Thursday February 21, 2013

Thu, 21 Feb 2013 18:07:33 -0500

The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday February 21, 2013:

LINN Energy, LinnCo to Acquire Berry Petroleum for $4.3B in All-Stock Deal

The Deal:LINN Energy (NASDAQ: LINE), LinnCo (NASDAQ: LNCO) and Berry Petroleum (NYSE: BRY) announced Thursday, the

Gardner Denver Soars on KKR's $75/Share Buyout Bid

Thu, 21 Feb 2013 17:13:31 -0500

Shares of industrial machinery and parts maker Gardner Denver (NYSE: GDI) are soaring by more than five percent in Thursday's after-hours session on reports that private equity firm KKR has offered $75 a share to acquire the Pennsylvania-based company.

The news was originally reported by Bloomberg, which cited

UPDATE: KeyBanc Upgrades Gardner Denver to Buy on Compelling Valuation

Thu, 21 Feb 2013 14:29:42 -0500

KeyBanc upgraded Gardner Denver (NYSE: GDI) from Hold to Buy and announced a $78.00 price target.

KeyBanc commented, "We are upgrading GDI based on … 1) a compelling valuation following a period of share underperformance (trading at 7.2x 2013 EV/EBITDA vs. its peer group at 9.8x EV/EBITDA); 2) a

Earnings Scheduled For February 21, 2013

Thu, 21 Feb 2013 04:29:46 -0500

Aircastle (NYSE: AYR) is expected to report its Q4 earnings at $0.39 per share on revenue of $167.13 million.

Chesapeake Energy (NYSE: CHK) is projected to report its Q4 earnings at $0.14 per share on revenue of $2.86 billion.

Wal-Mart Stores (NYSE: WMT) is expected to

Babcock & Wilcox Strikes Twin Deals – Analyst Blog

Tue, 12 Feb 2013 15:10:01 -0500

The Babcock & Wilcox Company has won 2 U.S. Naval Reactors Program contracts to render procurement and assembling services.

Benzinga's M&A Chatter for Monday February 11, 2013

Mon, 11 Feb 2013 17:39:35 -0500

The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday February 11, 2013:

Hearing Interest Waning in Gardner Denver as Takeover Target

The Rumor:Shares of Gardner Denver (NYSE: GDI) tumbled on a report from Deal Reporter that interest in the company from potential bidders is

Benzinga's M&A Chatter for Friday December 21, 2012

Sat, 22 Dec 2012 12:59:15 -0500

The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday December 21, 2012:

Carl Icahn Sells Greenbrier Shares after Company Rejects American Railcar $22/Share Bid

The Rejection:Investor Carl Icahn sold most of his holdings in Greenbrier Companies (NYSE: GBX) Friday, following the company's rejection

Top 4 NYSE Stocks In The Diversified Machinery Industry With The Highest EPS Estimates

Mon, 17 Dec 2012 04:56:17 -0500

Below are the top diversified machinery stocks on the NYSE in terms of earnings estimate for the next year.

Flowserve (NYSE: FLS) is likely to earn $10.40 per share in the next year ending December, 2013. Flowserve's trailing-twelve-month operating margin is 13.66%.

Cummins (NYSE: CMI) may earn $9.05

Benzinga's M&A Chatter for Friday December 14, 2012

Sat, 15 Dec 2012 10:23:45 -0500

The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday December 14, 2012:

Hearing SPX Deal for Gardner Denver Could be Announced Next Week

The Rumor:SPX's (NYSE: SPW) bid to acquire Gardner Denver (NYSE: GDI) could be announced next week, according to the

Benzinga's M&A Chatter for Wednesday December 12, 2012

Wed, 12 Dec 2012 17:59:40 -0500

The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday December 12, 2012:

Hearing Unconfirmed Chatter of Potential Sanofi Bid for Dendreon

The Rumor:Sanofi (NYSE: SNY) may bid as much as $10 per share to acquire Dendreon (NASDAQ: DNDN), according to unconfirmed market

Tuesday’s biggest gaining and declining stocks

Tue, 11 Dec 2012 08:49:03 -0500

Urban Outfitters and Gardner Denver are moving in morning trade.

Company News for October 30, 2012 – Corporate Summary

Tue, 30 Oct 2012 10:06:01 -0400

Companies in the News are: PCG,L,BKW,GDI

(ALNY) Company News for July 17, 2012 – Corporate Summary

Tue, 17 Jul 2012 13:11:30 -0400

• Shares of Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY) surged 53% following positive results...

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Zacks Releases Four Powerful ”Buy” Stocks: Towers Watson, CA, Landstar System and Gardner Denver – Press Releases

Tue, 14 Feb 2012 08:30:01 -0500

Zacks Releases Four Powerful ''Buy'' Stocks: Towers Watson, CA, Landstar System and Gardner Denver

Gardner Denver, Inc. – Value

Tue, 14 Feb 2012 00:00:01 -0500

Gardner Denver, Inc. - Value

Zacks Releases Four Powerful ”Buy” Stocks: Chemtura, Cardinal Health, HiTech Pharmacal and Gardner Denver – Press Releases

Fri, 30 Dec 2011 08:30:01 -0500

Zacks Releases Four Powerful ''Buy'' Stocks: Chemtura, Cardinal Health, HiTech Pharmacal and Gardner Denver

Gardner Denver, Inc. – Value

Fri, 28 Oct 2011 01:00:01 -0400

Gardner Denver, Inc. - Value

Dover Earnings Preview: Analysts Expect Higher EPS, Revenue

Tue, 18 Oct 2011 15:40:10 -0400

Dover (NYSE: DOV) announces its next round of earnings this Friday, October 21, 2011. Get prepared with Benzinga's ultimate preview for Dover's third quarter earnings.Earnings and Revenue: Analysts are predicting an EPS reading of $1.13/s...

(AAPL) A Busy Week Ahead – Earnings Preview

Mon, 17 Oct 2011 11:31:27 -0400

Earnings Preview 10/14/11 While the earnings season kicked off this past week, only 38 firms...

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Gardner Denver, Inc. – Value

Mon, 08 Aug 2011 01:00:01 -0400

Gardner Denver, Inc. - Value

(AAPL) 2011 Second Quarter Earnings Preview – Detailed

Mon, 18 Jul 2011 17:09:50 -0400

Earnings Preview 7/15/11 Second quarter earnings season is now under way, but things really start to move into high gear next week. There will be 348 firms reporting, and 108 of those are in the S&P 500. By next Friday we should have a very good handle on how the overall earnings season will go. [...]

(AAPL) 2011 Second Quarter Earnings Preview – Detailed

S&P 500 shrugs off the commodities crash

Tue, 10 May 2011 11:59:54 -0400

Market bulls remain on the offensive despite last week’s commodities crash.

To make money in stocks, follow the big money

Wed, 27 Apr 2011 00:01:03 -0400

To understand which stocks are likely to advance the most in this market cycle, you need to know who the big buyers are and what they?re after. Note to Google: It?s not you.

Gardner Denver (GDI) Down 1.3% Despite Being Upgraded By RBC Capital Markets

Mon, 14 Feb 2011 12:58:48 -0500

Gardner Denver (GDI) was upgraded today by analysts at RBC Capital Markets and the stock is now at $75.55, down $0.97 (-1.27%) on volume of 201,445 shares traded. R...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)

Momentum Stock: Gardner Denver, Inc.

Wed, 08 Dec 2010 02:05:06 -0500

Gardner Denver, Inc. (NYSE:GDI) has been surging with the market since early September, recently hitting a new all-time high at $70.03 on the heels of a solid 21%, Q3 earnings surprise. With an attractive valuation and bullish growth projection, this Zacks #1 rank stock has engineered some serious momentum for itself. Company Description Gardner Denver, [...]

Stocks in focus Tuesday: ConAgra, Adobe

Mon, 20 Sep 2010 20:36:40 -0400

Among the companies whose shares are expected to see active trade in Tuesday’s session are ConAgra Inc., AutoZone Inc. and Adobe Systems Inc.

Stock Buy: WD-40 Company

Mon, 17 May 2010 08:00:08 -0400

Wd-40 Company (NASDAQ:WDFC) is a well-known consumer products company that should continue to produce steady revenues and profits. Growth and Income Analysts estimate that WD-40 will achieve long-term EPS growth of 11.5%, and its stock has a dividend yield of 2.8%. The Zacks #2 Rank stock trades at 17.6x fiscal 2010 consensus estimates and 16.3x fiscal 2011 consensus ...

Stock Buy: Gardner Denver

Tue, 11 May 2010 01:00:00 -0400

Gardner Denver (NYSE:GDI) recently reported better-than-expected first-quarter results, and management upped its guidance for the full year. Gardner Denver is a Zacks #2 Rank stock with a reasonable valuation. It trades at 17.2x 2010 the Zacks Consensus Estimate and 14.5x the 2011 Zacks Consensus Estimate. Growth and Income Analysts estimate that Gardner Denver will generate long-term EPS growth ...

Gardner Denver (GDI) NewsBite - GDI Upgraded By EVA Dimensions, LLC

Thu, 25 Mar 2010 13:06:21 -0400

Gardner Denver (GDI) was upgraded today by analysts at EVA Dimensions, LLC and the stock is now at $44.13, down $0.17 (-0.38%) on volume of 180,077 shares traded. EVA Dimens...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)

Gardner Denver (GDI) Gets Broker Upgrade

Thu, 07 Jan 2010 14:16:37 -0500

Gardner Denver (GDI) was upgraded today by analysts at EVA Dimensions, LLC and the stock is now at $40.98, down $0.31 (-0.75%) on volume of 245,701 shares traded. EVA Dimensions, LLC upgrad...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)

2 Dividend Stocks Added to Database (NOV, GDI)

Tue, 17 Nov 2009 18:35:17 -0500

We are adding two new dividend-paying stocks to our database of nearly 1700 dividend-paying stocks. Gardner Denver Inc. (GDI) – This company designs, manufactures, and markets compressor and vacuum products, and fluid transfer products primarily in the United States, Europe, Asia, Canada, and Latin America. The company sells its products through independent distributors and sales representatives, [...]

CRUISE CONTROL PODCAST:BIG 3 SIT DOWN ROUND ONE, HYUNDAI THETA TURBO and 2010 MUSTANG CHIEF

Tue, 25 Nov 2008 00:09:00 -0500

WWW.CRUISECONTROLRADIO.COM this hour of Cruise Control with Fred Staab and Les Jackson

THE BIG 3 Chieftain's had a sit down with congress and came away empty handed. But they have a homework assignment and you'll hear more about that on December 2nd.

Talking Tech: Hyundai shows off its Theta Turbo GDI power train. Could this be the engine of the future?

Its Leaner Meaner and More Modern. The 2010 Mustang was revealed this week in Los Angles. There are so many new details we thought it best to call in an expert and he is Paul Randle Mustang Chief Engineer .

Plus great news for Jaguar and the Dodge Challenger and "At the wheel reviews" and a whole lot more when we get rolling on this week's Cruise Control Radio.

DOWNLOAD THE CRUISE CONTROL RADIO PODCAST HERE All that and a whole lot more when we get Rollin on this weeks Cruise Control Radio. Tune in on November 28th from 10AM to 12 Noon Eastern time for our 2008 SEMA Special .

Gardner Denver (GDI) NewsBite - GDI Posts Weak Quarterly Earnings

Thu, 24 Jul 2008 09:32:57 -0400

Gardner Denver Inc. (GDI) opened at 40.70. So far today, the stock has hit a low of 40.30 and a high of 45.99. GDI is now trading at 44.20, down 11.53 (-28.33%). The stock hit its 52 week high of 57.87 in June and set its 52 week low of 27.09 in January. GDI slipped during the second half of 2007, but has moved to the upside since the beginning of this year. Gardner Denver reported yesterday evening quarterly revenues and net income of $518.1 million and $49.6 million, respectively. Diluted earn...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)