Cummins Inc. (NYSE: CMI) designs, manufactures, and distributes diesel engines, electric power generation systems, and engine-related products, such as filtration and emissions solutions. Late last Month, Cummins reported its 2Q12 results and the reported EPS of $2.40 was better than the consensus estimates ($2.27) by a fair margin. Despite a [...]
Posts in category Industrials
Cummins: A Good Buy For Both Near and...
Cummins Inc. (NYSE: CMI) designs, manufactures, and distributes diesel engines, electric power generation systems, and engine-related products, such as filtration and emissions solutions. Late last Month, Cummins reported its 2Q12 results and the reported EPS of $2.40 was better than the consensus estimates ($2.27) by a fair margin. Despite a [...]
Why Stryker can Outperform Despite Q2...
Last month, Stryker (NYSE: SYK) reported lower than expected 2Q results with sales of $2.11B (vs. consensus estimates of $2.14B) and adjusted EPS of $0.98 (a penny below the consensus). Also, management reiterated its commitment to 10% EPS growth in FY13 including a 7% EPS headwind from the device tax. Operating margins improved by 150 bps d [...]
Covidien: A Conviction Buy
Covidien plc (NYSE: COV) is a worldwide leader in Medical Devices & Diagnostics products. The company operates through three segments: Medical Devices, Pharmaceutical/Imaging Products, and Medical Supplies. Late last month, Covidien reported fiscal 3Q results with sales of $3 billion(up 3% YoY) and EPS of $1.07 vs. the consensus estimate [...]
Zimmer Holding Needs Implants to Perf...
Zimmer Holdings (NYSE: ZMH) is the leading manufacturer of major joint (hip and knee) replacement and extremity (e.g., shoulder and elbow) implants. Zimmer’s growth has been negatively impacted over the past several years by a combination of product recalls; the fallout from the DOJ investigation into the orthopedic industry; poor execution; [...]
Analyzing CB&I’s Shaw Group Acqu...
Recently, Chicago Bridge & Iron Company N.V. (NYSE:CBI) announced its intention to purchase The Shaw Group Inc. (NYSE:SHAW) for $46 per share, a 72% premium to Shaw’s pre deal closing price of $26.69 per share. CB&I will pay $41 per share in cash and $5 per share in CB&I stock. The cash part is expected to be financed by cash on t [...]
Secular Long Term Story And Abating N...
W.W. Grainger, Inc. (NYSE:GWW) recently reported mixed results with EPS beating consensus expectations by 1 cent and revenues slightly lower than expectations. The more encouraging fact however was that the company reported July sales were trending inline with June despite of 4th July holiday (Holidays usually affect industrial distributors n [...]