Dresser-Rand Group Inc. (NYSE:DRC) announcement that Rolls-Royce signed an agreement to sell its Energy gas turbine and compressor business to Siemens. Dresser-Rand has worked closely with Rolls-Royce Energy for well over 30 years and has been very successful in supplying compressors for the upstream and midstream market applications. In the last few years, Dresser-Rand has also succeeded in penetrating the Liquefied Natural Gas (LNG) / Floating LNG (FLNG) market. Dresser-Rand Group Inc. (NYSE:DRC) net profit margin is 5.10% and weekly performance is -0.94%. On last trading day company shares ended up $61.04. Analysts mean target price for the company is $63.54. Dresser-Rand Group Inc. (NYSE:DRC) distance from 50-day simple moving average (SMA50) is 4.85%.
Brown Shoe Co. (NYSE:BWS) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a report released on Tuesday, American Banking News.com reports. The firm currently has a $29.50 target price on the stock. Zacks‘s target price indicates a potential upside of 19.58% from the stock’s previous close. Brown Shoe Company, Inc. (NYSE:BWS) shares advanced 3.30% in last trading session and ended the day on $24.42. BWS Gross Margin is 40.40% and its return on assets is 3.20%. Brown Shoe Company, Inc. (NYSE:BWS) quarterly performance is 2.73%.
April 29 — Briggs & Stratton Corporation (NYSE:BGG), reported third-quarter fiscal 2014 (ended Mar 30, 2014) adjusted earnings of 81 cents per share, which declined 9% year over year. The results also lagged the Zacks Consensus Estimate of 87 cents. Briggs & Stratton Corporation (NYSE:BGG) shares moved up 2.85% in last trading session and was closed at $20.90, while trading in range of $20.13 – $20.90. Briggs & Stratton Corporation (NYSE:BGG) year to date (YTD) performance is -3.42%.
ITT Corp (NYSE:ITT) announced that it has accepted the resignation of its Industrial Process Business President Robert J. Pagano, effective May 26. Pagano is departing ITT to become President and CEO of Watts Water Technologies (WTS). ITT EVP Aris Chicles will have interim leadership responsibility for the IP business. ITT Corp (NYSE:ITT) ended the last trading day at $44.38. Company weekly volatility is calculated as 1.75% and price to cash ratio as 7.03. ITT Corp (NYSE:ITT) showed a positive weekly performance of 0.86%.
AMETEK, Inc. (NYSE:AME) announced the appointment of Vincent Misciagna as Vice President and General Manager, Maintenance, Repair and Overhaul (MRO), within AMETEK Aerospace & Defense. AMETEK, Inc. (NYSE:AME) shares moved down -0.30% in last trading session and was closed at $52.97, while trading in range of $52.69 – $53.20. AMETEK, Inc. (NYSE:AME) year to date (YTD) performance is 0.68%.