The stock, representing the biggest percentage gainer of the day, soared 51.15% on final trading volume of 16,219,312 shares. Volume was nearly 173.7 times the 30-day average of 93,373, according to FactSet. The stock closed today up 24.96% year-to-date compared with 23% for the benchmark Standard & Poor�� 500 index.
Microsemi�� $7.18-a-share offer represents a premium of 50% over Symmetrom�� closing stock price on Monday.
San Jose-based Symmetricom is not quite what you�� regard as the standard tech-oriented company. It develops, makes and provides timekeeping technology to users in private industry as well as government circles around the world. Its customers have a strong need for very precise timekeeping machinery. Aliso Viego, Calif.-based Microsemi is a semiconductor operation.
Top Machinery Companies To Own For 2015: AGCO Corporation (AGCO)
AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. The company provides tractors, including compact tractors for small farms and specialty agricultural industries comprising dairies, landscaping, and residential areas; utility tractors, such as two-wheel and all-wheel drive versions for small and medium-sized farms, and specialty agricultural industries consist of dairy, livestock, orchards, and vineyards; and horsepower tractors for large farms and on cattle ranches for hay production. It also offers application equipment, which includes self-propelled, three and four-wheeled vehicles, and related equipment for use in the application of liquid and dry fertilizers, and crop protection chemicals; chemical sprayer equipment for planting crops; and related equipment that comprises vehicles for waste application, as well as provides combines. In addition, the company offers hay tools and forage equipment consisting rou nd and rectangular balers, self-propelled windrowers, disc mowers, spreaders and mower conditioners for harvesting and packaging vegetative feeds; and engines, such as diesel engines, gears, and generating sets. Further, it provides implements, including disc harrows for improving field performance; heavy tillage to break up soil and mix crop residue; and field cultivators for preparing smooth seed bed and destroy weeds, as well as offers tractor-pulled planters and loaders. Additionally, the company provides precision farming technologies to enhance productivity and profitability on the farm; and other advanced technology precision farming products to gather information, such as yield data, as well as offers wholesale financing and retail financing. It markets its products under the Challenger, Fendt, Massey Ferguson, and Valtra brand names through a network of independent dealers and distributors. AGCO Corporation was founded in 1990 and is headquartered in Duluth, Georgia .
Advisors' Opinion:- [By Dan Caplinger]
Kubota isn't the only company aggressively challenging Deere. AGCO (NYSE: AGCO ) has made aggressive expansion efforts in Africa, working with specialty agricultural lender Rabobank to try to help farmers on the continent buy more farming equipment. Moreover, both AGCO and CNH Global (NYSE: CNH ) have made emerging markets like Latin America a high priority, reaping benefits from the more rapidly expanding economies among Latin American nations. Deere has targeted Latin America as well, but it hasn't been as aggressive with its international efforts as its peers. Deere's stock price has reflected its lack of initiative in expanding globally:
- [By Ben Levisohn]
But don’t just buy any company, DeBlase says. Instead, focus on those that have EPS momentum, which has generated outperformance in 10 of the past 11 years, DeBlase says. As a result, investors should prefer Terex (TEX), her top pick, and Agco (AGCO), which she rates Outperform. John Deere (DE) and Parker Hannifin (PH) get tarred with Underweight ratings.
- [By vaninaegea]
In august, the Association of Equipment Manufacturers (AEM) published the mid-year review for the agricultural sector. Their findings point to a slowdown for the industry, highlighting a 9.5% decline on exports through the first half of 2013. Also, late soybean planting in the USA is expected to compound the industry�� slowdown. So, what are the prospects for AGCO (AGCO), CNH Global (CNH), and Deere & Co. (DE) under such conditions?
Top 10 Machinery Stocks To Buy Right Now: Rexnord Corp (RXN)
Rexnord Corporation (Rexnord), incorporated on July 13, 2006, is a multi-platform industrial company. The Company comprises of two platforms, Process & Motion Control and Water Management. Rexnord�� Process & Motion Control product portfolio includes gears, couplings, industrial bearings, aerospace bearings and seals, FlatTop chain, engineered chain and conveying equipment, and are marketed and sold globally under brands, including Rexnord, Rex, Falk and Link-Belt. Its Water Management platform operates in the commercial construction market for water management products and the municipal water and wastewater treatment markets. Its Water Management product portfolio includes drainage products, flush valves and faucet products, backflow prevention pressure release valves, PEX piping and engineered valves and gates for the water and wastewater treatment markets. These products are marketed and sold through brand names, including Zurn, Wilkins, VAG, GA, Rodney-Hunt and Fontaine. In August 2013, Rexnord Corp announced that it has acquired the assets of Micro Precision Gear Technology Limited. In December 2013, Rexnord acquired Precision Gear Holdings, LLC (PGH). PGH has two operating subsidiaries, Merit Gear LLC and Precision Gear LLC.
Process & Motion Control
The Company�� Process & Motion Control platform designs, manufactures, markets and services mechanical components used within complex systems. The Company sells its Process & Motion Control products into a diverse group of end markets, including mining, general industrial applications, cement and aggregates, agriculture, forest and wood products, petrochemical, energy, food and beverage, aerospace and wind energy. The Company is a manufacturer of gear drives and gear sets for the heavy duty industrial market. Its gear drives, service and gear sets are used in a number of heavy duty industries. These primary industries include the natural resource extraction, steel, pulp and paper, chemical, forest and wood industries. ! Rexnord manufactures a range of heavy duty, medium and light duty gear drives used for bulk material handling, mixing, pumping and general gearing applications. It also operates a gear service and repair business through its Product Service group (Prager and Renew). Its Couplings are primarily used in high-speed, high-torque applications and are the interface between two shafts that permit power to be transmitted from one shaft to the other. Rexnord�� couplings are sold to a range of end markets, including the petrochemical and refining, wood processing, chemical, power generation and natural resources industries. Couplings comprise of the grid, flexible disc, elastomeric and gear product lines and are sold under the Steelflex, Thomas, Omega, Rex, Viva, Wrapflex, Lifelign, True Torque, Addax and Autogard brand names.
The Company primarily produces mounted bearings, which are offered in a range of specialized housings to suit specific industrial applications. Its FlatTop chain provides a continuous conveying surface that is critical to high-speed operations, such as those used to transport cans and bottles in beverage-filling operations, and is primarily sold to the food and beverage, consumer products, warehousing and distribution, and parts processing industries. The Company supplies its aerospace bearings and seals to the commercial aircraft, military aircraft and regional jet end markets for use in door systems, engine accessories, engine controls, engine mounts, flight control systems, gearboxes, landing gear and rotor pitch controls. Rexnord�� aerospace bearings and seals products consist of rolling element airframe bearings sold under the Shafer brand name, slotted-entry and split-ball sliding bearings sold under the PSI brand name and aerospace seals that are sold under the Cartriseal brand name, which are primarily sold for use in both aerospace and industrial applications.
The Company�� special components products consist of three primary product lines: electri! c motor b! rakes, miniature Process & Motion Control components and security devices for utility companies. These products are manufactured by its businesses, such as Stearns, W.M. Berg and Highfield. Stearns��products are used in a range of applications, including steel mills, oil field equipment, pulp processing equipment, large textile machines, rubber mills, metal forming machinery and dock and pier handling equipment. W.M. Berg sells its products to a range of markets, including aerospace, semiconductor, medical equipment, robotics, instrumentation, office equipment and satellite communications. Highfield�� products are sold to a range of markets, including electric, gas, water, telecommunications, utilities and plumbing and heating.
The Company�� conveying equipment and industrial chain products are used in various applications in a number of industries, including food and food processing, beverage and container, mining, construction and agricultural equipment, hydrocarbon processing and cement and aggregates processing. Its primary products include conveying equipment, engineered steel chain, and roller chain. Its conveying equipment product group provides design, assembly, installation and after-the-sale services primarily to the mining, cement and aggregates industries. Its products include engineered elevators, conveyors and components for medium to heavy duty material handling applications. The Company�� engineered steel chain products are sold under the Link-Belt and Rexnord brand names. These products are used in a number of applications, including cement elevators, construction and mining equipment and conveyors, and they are supplied to the cement and aggregates, energy, food and beverage, and forest and wood products industries.
Water Management
The Company�� Water Management platform designs, procures, manufactures and markets products that provide and enhance water quality, safety, flow control and conservation. The Water Management product port! folio inc! ludes professional grade specification drainage products, flush valves and faucet products, engineered valves and gates for the water and wastewater treatment market and PEX piping and are marketed and sold through brand names, including Zurn, Wilkins, VAG, GA, Rodney Hunt and Fontaine. Rexnord�� Water Management platform has a network of approximately 1,100 independent sales representatives across approximately 210 sales agencies in North America, who work with local engineers, contractors, builders and architects to specify its products for use in construction projects. Its water control and safety products are sold under the Wilkins brand name and encompass a variety of valves, including backflow preventers, fire system valves, pressure reducing valves and thermostatic mixing valves. These products are sold into the commercial and industrial construction applications, as well as the fire protection, waterworks and irrigation end markets.
Zurn�� commercial brass products include manual and sensor operated flush valves marketed under the Aquaflush, AquaSense, AquaVantage and HydroVantage brand names and heavy duty commercial faucets marketed under the AquaSpec brand name. Water conserving fixtures are marketed under the EcoVantage and Zurn One brand names. These products are used in office buildings, schools, hospitals, airports, sports facilities, convention centers, shopping malls, restaurants and industrial production buildings. The Zurn One Systems integrate commercial brass and fixtures into plumbing systems. PEX is its product line manufactured out of cross-linked polyethylene into tubing and is suited for high temperature and pressure fluid distribution piping. Its PEX products include lines of pipe, fittings, valves and installation tools for both potable water and radiant heating systems. Its water and wastewater products are sold under the VAG, GA, Rodney Hunt and Fontaine brand names and are used to control the flow of water and wastewater throughout the water cycle from ra! w water t! hrough collection, distribution and wastewater treatment. Products include automatic control valves, check valves, air valves, butterfly valves, water control gates, hydrants, actuation systems, and other specialized products for municipal, industrial, and hydropower applications. Its product lines are primarily sold into the water supply and treatment markets worldwide.
Advisors' Opinion:- [By Seth Jayson]
Rexnord (NYSE: RXN ) reported earnings on May 21. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q4), Rexnord met expectations on revenues and beat expectations on earnings per share. - [By Ben Levisohn]
Each month, Credit Suisse’s small-cap strategists ask the firm’s analyst to name their favorite small- and mid-cap stocks. This month, six new stocks made the list: RPM International (RPM), SunCoke Energy (SXC), Zions Bancorp (ZION), Signature Bank (SBNY), Edwards Lifesciences (EW) and�Rexnord (RXN).
Top 10 Machinery Stocks To Buy Right Now: Fidia SpA (FDA)
Fidia SpA is an Italy-based company primarily engaged in the production of numerical controls and machine tools. The Company�� activities are divided into three main business lines. In the High-speed Milling Systems, it is involved in the production and sale of milling heads kits and cutting-edge equipment. Through the Numerical Controls, Dives and Software sector, it is active in the manufacture of numerical controls for milling systems, as well as in the development and distribution of computer-aided design (CAD) and computer-aided manufacturing (CAM) software. The After-sales Service sector includes the provision of technical services, sale of spare parts and scheduled maintenance contracts. The Company operates in Germany, France, Brazil, China, Poland and India, among others. Advisors' Opinion:- [By Patricio Kehoe]
Despite recent anti-tobacco laws passed by the European Union and the Food and Drug Administration (FDA) in the U.S, the company�� pricing power has helped maintain its margins. In 2012, for example, Phillip Morris hiked prices on its products in Russia, Germany, Belgium, Canada, France, Greece and Spain, among others. Although the necessary measure caused substantial volume declines in these countries, consumers rapidly became accustomed to the increased prices, and returned to their habitual product consumption. Given the success of this strategy, the firm is likely to rely on it in Japan for 2014, where taxes are expected to increase yet again by 8%, after the 40% spike in October 2010.
- [By Rahul Chattaraj]
Every year more and more people are becoming health conscious and healthcare is one such industry which I feel can never be in slump. It�� is just brilliant of Apple to embed a hardware in a smartphone which will be able to cash on this opportunity. The iPhone 5S already has the hardware components to support the Healthbook app and once the iOS 8 is released for the next iPhone model and upgrades are available for the iPhone 5S, Apple will be poised to see huge surge in the demand for its devices. Certain incidents such as the top Apple executives meeting the US Food and Drug Administration (FDA), and former Mashimo Corp. Chief Medical Officer Michael O'Reilly joining Apple are clearly hinting that the company�� mobile health dreams will very soon turn into reality.
Top 10 Machinery Stocks To Buy Right Now: Emak SpA (EM)
Emak SpA is an Italy-based company primarily engaged in the manufacture of outdoor power equipment for gardening, forestry, agriculture and industry. The Company�� portfolio includes chainsaws, brush cutters, lawnmowers, garden tractors, water pumps, high pressure washers, transporters, rotary cultivators, motor hoes and power cutters, among others. It also manufactures spare parts, accessories and protective clothing. The Company sells its products under various brand names, such as Oleo-Mac, Efco, Bertolini, Nibbi and Staub. Emak SpA directly manages distribution in the Italian market and it sells products, through its commercial subsidiaries, in France, Germany, the United Kingdom, Spain, the countries of Benelux, Poland, Ukraine, among others.The Company is controlled by Yama SpA, which is an industrial holding company. Advisors' Opinion:- [By Canadian Value]
For 20+ years there has been a coherent growth story around Emerging Markets (EM), where the label "Emerging Market" had real meaning within a common knowledge perspective. Today ��not so much. Today the story is that it was easy money from the Fed that drove global growth, EM or otherwise. Today the story is that Emerging Markets are just the levered beneficiaries or victims of Fed monetary policy, no different than anyone else��
Top 10 Machinery Stocks To Buy Right Now: Energy Recovery Inc (ERII)
Energy Recovery, Inc. incorporated in April 1992, is engaged in developing, manufacturing and selling of energy recovery devices and circulation pumps primarily for uses in seawater desalination plants that use reverse osmosis technology. The Company's products are sold under the trademarks AquaBold, AquaSpire, ERITM, PXT, Pressure Exchanger, PX Pressure Exchanger, PEIT, Pump Engineering and Quadribaric. The Company develops and sells two main lines of energy recovery devices: PX pressures Exchanger devices and turbochargers. Each line includes a range of models and sizes to address the breadth of required process flow rates, plant designs and sizes. The company has two wholly owned subsidiaries: Energy Recovery Iberia, S.L. and ERI Energy Recovery Ireland Ltd. During the year ended December 2011, the Company merged three subsidiaries including, Osmotic Power, Inc.; Energy Recovery, Inc. International and Pump Engineering, Inc. into the parent company, Energy Recovery, Inc.
Energy recovery devices
The Company's PX offering includes: the PX-300 and PX-Q300; the 65 series (the PX-260, PX-220 and PX-180); the 4S series (PX-140S, PX-90S, PX-70S, PX-45S and PX-30S) and brackish PX devices (for the desalination of water with a lower concentration of salt than seawater). The Company's turbocharger offering includes: the HTCAT series (HTCAT-1800, HTCAT-2400, HTCAT-3600, HTCAT-4800, HTCAT-7200 and HTCAT-9600); the HALO line (HALO-50, HALO-75, HALO-100, HALO-150, HALO-225, HALO-300, HALO-450, HALO-500, HALO-600, HALO-900 and HALO-1200) and the LPT series for brackish water desalination applications (LPT-63, LPT-125, LPT-250, LPT-500, LPT-1000, LPT-2000 and LPT-3200).
High-pressure and Circulation pumps.
The Company manufactures and sells high-pressure feed, circulation and booster pumps for uses with its energy recovery devices in reverse osmosis desalination plants. The Company's line of pumps includes the AquaBold series (AquaBold 2x3x5, AquaBold 3x4x7 and ! AquaBold 4x6x9); the AquaSpire series (AquaSpire-300, AquaSpire-450, AquaSpire-600, AquaSpire-900, AquaSpire-1200, AquaSpire-1800, AaquaSpire-2400, AquaSpire-3600, AquaSpire-4800, AquaSpire-7200 and AquaSpire-9600) and a line of small circulation pumps.
Technical support and Replacement parts
The Company provides engineering and technical support to customers during product installation and plants commissioning. The Company also offers replacement parts and services for its PX devices and turbochargers. The Company's PX devices and turbochargers are also used to retrofit or replace older energy recovery devices in existing desalination plants.
The Company Competes with Flowserve Corporation (Flowserve) based in Irving, Texas and Fluid Equipment Development Company, Clyde Union Ltd., Duchting Pumpen Maschinenfabrik GmbH & Co KG, KSB Aktiengesellschaft, Torishima Pump Mfg. Co., Ltd. and Sulzer Pumps, Ltd.
Advisors' Opinion:- [By Ant贸nio Costa]
Energy Recovery, Inc. (NASDAQ: ERII) broke out of a small consolidation area with heavy volume and will likely have the attention of the swing-traders in the next days.
Top 10 Machinery Stocks To Buy Right Now: FreightCar America Inc (RAIL)
FreightCar America, Inc. (America) is engaged in manufacturing of aluminum-bodied railcars in North America. America is also a manufacturer of coal cars. During the year ended December 31, 2011(2011), the Company was specialized in the production of coal cars, which represented 93% of its deliveries of railcars. The Company also refurbishes and rebuilds railcars and sells forged, cast and fabricated parts for all of the railcars it produces, as well as those manufactured by others. During 2011, its primary customers were railroads, shippers and financial institutions, which represented 83%, 2% and 1%, respectively, of its total sales attributable to each type of customer. During 2011, it delivered 6,188 railcars, including 4,500 aluminum-bodied coal cars. It offers railcar leasing and refurbishment alternatives to its customers. Through its newly formed subsidiary FreightCar Rail Services, LLC (FCRS), it provides railcar repair and maintenance, inspections, and railcar fleet management services for all types of freight railcars. Its railcar manufacturing facilities are located in Danville, Illinois and Roanoke, Virginia.
The Company also leases freight cars through its JAIX Leasing Company subsidiary. In addition, the Company manufactures coal cars for export to Latin America and manufactures intermodal railcars for export to the Middle East. With operations in Colorado, Indiana and Nebraska, it services freight cars and unit coal trains utilizing rail corridors in the Midwest and Western regions of the United States. The Company designs and manufactures aluminum-bodied and steel-bodied railcars that transport a range of various products. It manufactures two primary types of coal cars, such as gondolas and open-top hoppers. The BethGon is the aluminum-bodied coal gondola railcar segment, which is used in North America. Its aluminum bodied open-top hopper railcar, the AutoFlood, is a five-pocket coal car equipped with a bottom discharge gate mechanism. AutoFlood II and AutoFlood III design! incorporates the automatic rapid discharge system, the MegaFlo door system and a mechanism that uses an over-center locking design, enabling the cargo door to close with tension rather than by compression.
The Company also manufactures a range of other types of aluminum and steel-bodied coal cars, including triple hopper, hybrid aluminum/stainless steel hoppers and gondolas and flat bottom gondola railcars. The Company�� portfolio of other railcar types include the AVC Aluminum Vehicle Carrier design, which is used to transport commercial and light vehicles (automobiles and trucks) from assembly plants and ports to rail distribution centers; the Articulated Bulk Container railcar designed to carry dense bulk products, such as waste products in 20 foot containers; Intermodal Double Stack railcars, including a stand-alone, 40 foot well car and the DynaStack articulated, 5-unit, 40 foot and 3-unit, 53 foot well cars for transportation of containers; a Small Cube Covered Hopper railcar, which is used to transport products, such as roofing granules, fly ash, sand and cement; a Mill Gondola Railcar, which is used to transport steel products and scrap; Slab and Coil steel railcars, which is designed for transportation of steel slabs and coil steel products, respectively; Flat Railcars, Bulkhead Flat Railcars and Centerbeam Flat Railcars, which is designed to transport a range of products, including machinery and equipment, steel and structural steel components (including pipe), forest products and other bulky industrial products; a Woodchip Gondola Railcar, which is designed to haul woodchips and municipal waste, and a range of non-coal carrying open top hopper railcars designed to carry aggregates, iron ore, taconite pellets, petroleum coke and other bulk commodities.
The Company has established a licensing arrangement with a railcar manufacturer in Brazil pursuant to which its technology is used to produce various types of railcars in Brazil. In addition, it manufacture coal car! s for exp! ort to Latin America and have manufactured intermodal railcars for export to the Middle East. Railroads outside of North America have a range of track gauges that are sized differently than in North America, which requires it, in some cases, to alter manufacturing specifications for foreign sales. The Company has added 10 new or redesigned products to its portfolio in the last five years, including the AVC, slab and coil steel railcar, triple hopper and hybrid aluminum/stainless steel railcars, ore cars, ballast cars and aggregate cars. The Company�� manufacturing process involves four basic steps: fabrication, assembly, finishing and inspection. In its fabrication processes, it employ standard metal working tools, many of which are computer controlled. Each assembly line typically involves 15 to 20 manufacturing positions, depending on the complexity of the particular railcar design. It uses mechanical fastening in the fitting and assembly of its aluminum-bodied railcar parts, while it uses welding for the assembly of its steel-bodied railcars.
The Company competes with Trinity Industries, Inc., National Steel Car Limited, The Greenbrier Companies, Inc. and American Railcar Industries, Inc.
Advisors' Opinion:- [By SA Pro Top Ideas]
Stock Movers and Great Calls
On July 24, Mike Williams explained why FreightCar America's (RAIL) shares could double by 2015 as it returned to historic profitability. Shares are +16.3% to date after a strong earnings report this week. Read article » Vince Martin said on June 17 that Cray's (CRAY) sell-off after Q1 earnings was way overdone, offering investors a great deal. After a strong earnings report last week, shares now stand +45% from where they were before the article. Read article »
Alpha-Rich long and short ideas regularly move stocks and identify stocks that are about to move. Some notable recent calls subscribers had early access to:To Come Today
Don't forget to check your SA Pro dashboard later today for the latest Alpha-Rich ideas. Any thoughts to share on the latest Alpha-Rich ideas? Leave a comment here.
SA Pro Editors
…............
The SA Pro team is Eli Hoffmann (Editor in Chief), Rachael Granby (Editorial Product Manager), Daniel Shvartsman, Samir Patel, Michael McDonald, and Jeffrey Fischer (Senior Pro Editors). You can reach us at pro-editors@seekingalpha.com. - [By Eric Volkman]
FreightCar America (NASDAQ: RAIL ) has found an executive to lead its finance team. The company announced that it appointed Charles Avery as its CFO, vice president of finance, and treasurer, replacing Joseph McNeely. Avery will take up his position on Aug. 1.
- [By Eric Volkman]
FreightCar America (NASDAQ: RAIL ) has found an internal candidate to be its new COO and president. The company named CFO Joseph McNeely to the position, effective immediately.
Top 10 Machinery Stocks To Buy Right Now: Xylem Inc (XYL)
Xylem Inc. (Xylem), formerly ITT WCO, Inc., incorporated on May 4, 2011, is a provider of equipment and service for water and wastewater applications with a portfolio of products and services addressing the full cycle of water, from collection, distribution and use to the return of water to the environment. It operates in two segments: Water Infrastructure and Applied Water. The Water Infrastructure segment focuses on the transportation, treatment and testing of water, offering a range of products, including water and wastewater pumps, treatment and testing equipment, and controls and systems. Key brands in this segment include Flygt, Wedeco, Godwin Pumps, WTW, Sanitaire, AADI and Leopold. The Applied Water segment encompasses the uses of water and focuses on the residential, commercial, industrial and agricultural markets. The segment�� products include pumps, valves, heat exchangers, controls and dispensing equipment. Key brands in this segment include Goulds Water Technology (Goulds), Bell & Gossett, AC Fire, Standard, Flojet, Lowara, Jabsco and Flowtronex. The Company sells its products in more than 150 countries through a distribution network consisting of its direct sales force and independent channel partners. On October 31, 2011, ITT Corporation completed Spin-off of Xylem, formerly ITT�� water equipment and services businesses. The Spin-off was completed pursuant to the Distribution Agreement, dated as of October 25, 2011, among ITT, Exelis Inc. (Exelis) and Xylem. In July 2012, it acquired MJK Automation A/S. In March 2013, it acquired MultiTrode Pty Ltd.
Water Infrastructure
Water Infrastructure involves the process that collects water from a source and distributes it to users, and then returns the wastewater to the environment. Water Infrastructure serves three applications: transport, treatment and test of water and wastewater for two types of customers: public utilities and industrial facilities. The Transport application includes all of the equipment and s! ervices involved in the movement of water from sources, such as oceans, lakes, rivers and ground water, to treatment facilities, and then to users. It also includes the movement of wastewater from the point of use to a treatment facility and then back into the environment. The Company serves the equipment markets, such as water and wastewater submersible pumps, monitoring controls, and application solutions. With operations on six continents, it also has dewatering rental fleet, serviced with the Company�� Flygt and Godwin brands. In its Water Infrastructure Segment, Transport accounted for approximately 73% of its consolidated revenue during the year ended December 31, 2011. Flygt is the manufacturer of submersible pumps, mixers, and aeration equipment for use in environments, such as water and wastewater treatment, raw water supply, abrasive or contaminated industrial processes, mining and crop irrigation. Flygt products have applications in various markets, including wastewater lift stations, water and wastewater treatment facilities, pressurized sewage systems, oil and gas, steel, mining and leisure markets. Customers include public utility wastewater and clean water treatment facilities, oil and gas platforms, and steel manufacturing companies.
Godwin Pumps is engaged in pump manufacturing. It manufactures, sells, rents and services products that are customized to the specific needs of its clients. Godwin Pumps��products include the fully automatic self-priming Dri-Prime pump, a range of Sub-Prime electric and Heidra hydraulic submersible pumps, Wet-Prime gasoline-powered contractor pumps and a line of generators and portable light towers. Godwin products are primarily used in construction, disaster recovery, flooding, heavy industry, marine use, mining, oil, gas and chemical extraction, refineries, temporary fire protection and water and wastewater transport. Customers include industrial plants, construction contractors, public utility wastewaters and clean water treatment and tr! ansportat! ion facilities, oil, gas and chemical drilling outfits, and refineries. Godwin�� fleet of equipment is rented through 33 United States branches and a global network of distributors. The Treatment application includes equipment and services that treat both water for consumption and wastewater to be returned to the environment. Leopold is the Company�� filtration brand. Disinfection systems, both ultraviolet (UV) and ozone oxidation, treat both public utility drinking water and wastewater, as well as industrial process water, and are provided through its WEDECO brand. Biological treatment systems are key to the treatment of solids in wastewater plants, which is provided through its Sanitaire brand. In its Water Infrastructure Segment, Treatment accounted for approximately 18% of its consolidated net sales in 2011.
The Company�� Sanitaire brand provides biological wastewater treatment solutions for public utility and industrial applications. Sanitaire�� offering includes diffused aeration, sequencing batch reactors, drum filters and state-of-the-art controls. Sanitaire is a brand in diffused aeration, which is a process that introduces air into a liquid, providing an aerobic environment for degradation of organic matter. Principal Sanitaire customers are public utility and industrial wastewater treatment facilities. WEDECO develops chemical-free and environmentally friendly water treatment technologies, including ultraviolet light and ozone systems. There are over 250,000 installed WEDECO systems for UV disinfection and ozone oxidation globally in private, public utility and industrial locations. Customers include public utility wastewater and clean water treatment facilities, power plants, pulp and paper mills, food products manufacturers and aquaculture facilities. Leopold is a gravity media filtration and clarification solutions for the water and wastewater industry. Nova Analytics, its served market is focused on water and the environment for quality levels throughout the water in! frastruct! ure loop.. Analytical systems are applied in three primary ways: in the field, in a facility laboratory, or real time, online monitoring in a treatment facility process. In its Water Infrastructure Segment, Test accounted for approximately 9% of its consolidated net sales in 2011.
In wastewater treatment facilities, WTW-branded systems monitor parameters, such as dissolved oxygen, pH, and turbidity throughout the water process. WTW�� product offering includes meters, sensors, data-loggers, photometers and software. Aanderaa Data Instruments AS (AADI) offers sensors, instruments and systems for measuring and monitoring in environments, such as rivers, oceans and the polar regions through networked systems using wireless technology that monitors temperature, salinity, oxygen, turbidity, current and waves for ecosystem health. The main market areas are marine transportation, environmental and ocean research, oil and gas, aquaculture, road and traffic, and construction. Oceanography International Corporation (OI Analytical) provides products used for chemical analysis. The Company develops, manufactures, sells, and services analytical instruments that detect, measure, analyze, and monitor chemicals in liquids, solids, and gases. Yellow Springs Instrument Company (YSI) develops and manufactures sensors, instruments, software and data collection platforms for environmental and coastal water quality monitoring and testing. YSI also offers life sciences products, including biochemical analyzers for bioprocess monitoring, food and beverage processing, and sports physiology. The main market areas are marine transportation, environmental and ocean research, oil and gas, aquaculture, road and traffic, and construction.
Applied Water
Applied Water encompasses all the uses of water. Its served market consists of the main uses of global water: Building Services, Industrial Water and Irrigation. The Building Services is defined by four main uses of water in building services ! applicatio! ns, such as in residential homes and commercial buildings, including offices, hotels, restaurants and malls. The first is the supply of potable water for consumption, such as for drinking and hygiene. The Goulds brand offers pumps and boosting systems utilized within buildings, sourcing water from distribution networks or from wells. The second application is wastewater removal with sump and sewage pumps. The third application is in heating, ventilation and air conditioning (HVAC), where Bell & Gossett specializes in pumps and valves that are used in water-based heating and cooling systems. The fourth water-related building service area is fire protection, where its AC Fire brand supplies full pump systems for emergency fire suppression. In Europe, Lowara is a brand in the commercial and residential water market with applications in the four main uses of water. In its Applied Water Segment, Building Services accounted for approximately 51% of its consolidated net sales in 2011.
The Company�� Goulds brand supplies vertical multistage pumps to boost pressure for purposes , such as circulating water through a manufacturing facility to cool machine tools. Its Lowara brand focuses on water treatment, industrial washing equipment and machine tool cooling. The Standard brand delivers heat exchangers for combined heat and power (CHP) applications within power generation plants. It also provides applications, such as flexible impeller pumps for wine processing facilities served by its Jabsco brand, and water-based detergent dispensing and water circulation within car washes served by Flojet and Goulds air-operated diaphragm and end suction pumps. In its Applied Water Segment, Industrial Water accounted for approximately 42% of its consolidated net sales in 2011. The irrigation business consists of irrigation-related equipment and services associated with bringing water from a source to the plant or livestock need, including hoses, sprinklers, center pivot and drip irrigation. The Company focuses ! on the pu! mps and boosting systems that supply this ancillary equipment with water. Its Goulds brand brings mixed flow pumps, and its Flowtronex group specializes in equipment solutions, such as the Hydrovar boosting system, which incorporates monitoring and controls. Its Lowara brand also produces pumps for agriculture applications and irrigation of gardens and parks. In its Applied Water Segment, Irrigation accounted for approximately 7% of the Company�� consolidated net sales in 2011.
Advisors' Opinion:- [By Jim Jubak]
I wouldn't exactly call it super enthusiastic guidance, but this quarter, when so few companies have anything good to say about their business for the fourth quarter, even Xylem's (XYL) tepid enthusiasm stands out.
- [By Holly LaFon]
Xylem Inc. (0.7%) (XYL)(XYL - $36.42 - NYSE) is a global leader in the design, manufacturing, and application of highly engineered technologies for the transportation, treatment, and testing of water. The company is expected to benefit from favorable long term fundamentals in the water industry, driven by scarcity, population growth, aging of the infrastructure, and the need to improve water quality. Further, with a large installed base of pumps and systems, the company is well positioned to increase aftermarket revenue, which currently represents roughly 40% of total revenues. Xylem's attractive business mix also generates strong cash flow, which is expected to support acquisitions, debt service, and dividend growth. Concerns regarding weakness in Europe and municipal spending levels in the U.S. remain, although we believe the long term fundamentals outweigh these concerns. From Mario Gabelli (Trades, Portfolio)'s Gabelli Asset Fund's first quarter 2014 shareholder commentary.Also check out: Mario Gabelli Undervalued Stocks Mario Gabelli Top Growth Companies Mario Gabelli High Yield stocks, and Stocks that Mario Gabelli keeps buying Currently 0.00/512345
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- [By Lauren Pollock]
After giving a downbeat revenue forecast three months ago, Xylem Inc.'s(XYL) results weren’t nearly as bad as feared. But the water firm during the summer saw a “strong performance in emerging markets and better-than-expected activity in Europe.” The cherry on top is Xylem undoing some of July’s cut to 2013 estimates. Shares surged 11% to $32.20 premarket.
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