Oppenheimer Cuts Price Target on Ametek (AME) Following an In-Line 4Q EPS
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Ametek (AME) Acquires Brookfield Engineering Labs and ESP/SurgeX
February 5, 2016 7:04 AM ESTAMETEK, Inc. (NYSE: AME) announced that it has completed two acquisitions: Brookfield Engineering Laboratories, the world's leading manufacturer of viscometers and rheometers, and ESP/SurgeX, a leader in energy intelligence and power protection solutions.
"Brookfield Engineering and ESP/SurgeX are excellent acquisitions and strong additions to our Electronic Instruments Group. These businesses will allow us to expand our presence in laboratory instrumentation and power protection, two attractive growth platforms," comments Frank S. Hermance, AMETEK Chairman and Chief Executive Officer.
Brookfield EngineeringBrookfield offers a complete range of viscometers and rheometers as... More
Ametek (AME) Reports In-Line Q4 EPS; Guides FY16 EPS Above Expectations
February 5, 2016 6:49 AM ESTAmetek (NYSE: AME) reported Q4 EPS of $0.63, in-line with the analyst estimate of $0.63. Revenue for the quarter came in at $988 million versus the consensus estimate of $1.01 billion.
GUIDANCE:
Ametek sees Q1 2016 EPS of $0.56-$0.58, versus the consensus of... More
Trading Radar for 2/5: Badger Meter (BMI), Moody's (MCO), Weyerhaeuser (WY), Tyson Foods (TSN) Report
February 4, 2016 2:13 PM ESTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EST
Ametek (AME) Declares $0.09 Quarterly Dividend; 0.8% Yield
February 4, 2016 9:09 AM ESTAmetek (NYSE: AME) declared a quarterly dividend of $0.09 per share, or $0.36 annualized.
The dividend will be payable on March 31, 2016, to stockholders of record on March 17, 2016, with an ex-dividend date of March 15, 2016.
The annual yield on the dividend is 0.8 percent.
For a... More
