Levi & Korsinsky notifies investors of Zygo Corporation (NYSE:AME) of claims of breaches of fiduciary duty and other violations of state law against the board of directors of the Company in connection with the sale of the Company to AMETEK, Inc. (AME). A complaint was filed in Delaware state court. AMETEK, Inc. (NYSE:AME) shares after opening at $52.64 moved to $53.33 on last trade day and at the end of the day closed at $52.70 . Company price to sales ratio in past twelve months was calculated as 3.60 and price to cash ratio as 43.78. AMETEK, Inc. (NYSE:AME) showed a positive weekly performance of 2.35%.
The Babcock & Wilcox Company (NYSE:BWC) is pleased to announce that the U.S. Department of Energy has selected its subsidiary, Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), to receive a $2.5 million award for Phase 2 development of iron-based Coal Direct Chemical Looping (CDCL) technology. Babcock & Wilcox Co (NYSE:BWC) shares advanced 0.11% in last trading session and ended the day on $35.49. BWC return on equity ratio is recorded as 33.60% and its return on assets is 12.80%. Babcock & Wilcox Co (NYSE:BWC) yearly performance is 31.59%.
The Board of Directors of Dover Corp (NYSE:DOV) declared a regular quarterly cash dividend of $0.375 (thirty-seven and one-half cents) per share, payable on June 16, 2014 to shareholders of record as of May 30, 2014. Dover Corp (NYSE:DOV) shares moved down -0.15% in last trading session and was closed at $85.89 while trading in range of $85.75 – $86.55 – Dover Corp (NYSE:DOV) year to date (YTD) performance is 7.70%.
Rockwell Automation, Inc. (NYSE:ROK) reported fiscal 2014 second quarter sales of $1,600.5 million, up 5 percent from $1,522.8 million in the second quarter of fiscal 2013. Organic sales increased 7 percent, and currency translation reduced sales by 2 percentage points. Rockwell Automation (NYSE:ROK) weekly performance is -4.42%. On last trading day company shares ended up $119.57. Rockwell Automation (NYSE:ROK) distance from 50-day simple moving average (SMA50) is -2.77%. Analysts mean target price for the company is $125.65.