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Industrial Electrical Equipment

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  1. New Morningstar Analyst Report - ABB ADR

    Stock Reports

    Fri, 25 Jun 2010

    The company's inability to redeploy its capital profitably may mean that decent growth opportunities have dried up.With the board making it quite transparent that it is looking to grow through acquisition, the company runs a risk of overpaying for targets as valuations creep up.Revenues from

  2. New Morningstar Analyst Report - EnerSys, Inc.

    Stock Reports

    Tue, 9 Feb 2010

    Lead price increases have dampened profitability and could continue to dampen the returns to shareholders.The battery industry is intensely competitive and friendly competition will not last forever, making it more difficult for firms to survive.Although EnerSys has made some acquisitions to

  3. New Morningstar Analyst Report - Littelfuse Inc.

    Stock Reports

    Mon, 8 Feb 2010

    Cost-cutting efforts and improving demand should boost Littelfuse's profitability.

  4. New Morningstar Analyst Report - Siemens AG ADR

    Stock Reports

    Mon, 1 Feb 2010

    Investments in renewable energy and efficiency give Siemens a strong platform heading into 2010.

  5. New Morningstar Analyst Report - Rockwell Automation

    Stock Reports

    Wed, 27 Jan 2010

    While manufacturers come back to their factories, it is difficult to project when those companies will begin upgrading technology and needing Rockwell's services.Growth in Asia has slowed considerably since its peak, potentially reducing the growth available to Rockwell.Although margins are higher

  6. New Morningstar Analyst Report - Eaton

    Stock Reports

    Mon, 25 Jan 2010

    A continued downturn in North American auto production and a falloff in international production will continue to erode the profitability of the company's automobile segment.Eaton has used its strong balance sheet to finance value-accretive acquisitions, repurchase shares, and increase

  7. Increased utility spending should help push ABB out of the recession.

    Stock Reports

    Mon, 9 Nov 2009

    The inability for the company to redeploy its capital profitably may mean that decent growth opportunities have dried up.With the board making it quite transparent that it is looking to grow through acquisition, the company runs a risk of overpaying for targets as valuations creep up.In spite of

  8. Ametek Announces 3Q Earnings

    Stock Reports

    Wed, 28 Oct 2009

    We are maintaining our fair value estimate for Ametek AME after reviewing the firm's third-quarter results. Revenue declined 23% from the previous year to $497 million, as sales fell 26% at the electronic instruments group and 22% at the electromechanical group. Though acquisitions improved sales

  9. Ballard Reports 3Q Results

    Stock Reports

    Tue, 27 Oct 2009

    Ballard Power Systems BLDP released headline financial results for the third quarter that were consistent with our expectations. The firm's earnings announcement did not give complete financial statements, so we will hold off on making any adjustments to our model until more data is released. ...

  10. General Cable Reports 3Q

    Stock Reports

    Mon, 26 Oct 2009

    General Cable's BGC third-quarter earnings declined substantially as higher raw-material prices and continued weak demand squeezed margins. Copper and aluminum prices increased 75% and 33%, respectively, from their first-quarter lows, thanks largely to developing-country demand (especially Chinese

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