Innovative Products, Improving Operational Efficiencies, Cost Reduction Initiatives and Increased Dividends - Research Report on 3D Systems, Joy Global, Pall, Xylem, and Lennox

Tue Jun 4, 2013 8:00am EDT

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Innovative Products, Improving Operational Efficiencies, Cost Reduction Initiatives and Increased Dividends - Research Report on 3D Systems, Joy Global, Pall, Xylem, and Lennox

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PR Newswire

NEW YORK, June 4, 2013 /PRNewswire/ --

Today, Wall Street Reports announced new research reports highlighting 3D Systems Corp. (NYSE: DDD), Joy Global, Inc. (NYSE: JOY), Pall Corp. (NYSE: PLL), Xylem Inc. (NYSE: XYL), and Lennox International, Inc. (NYSE: LII). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

3D Systems Corp. Research Report

On May 30, 2013, 3D Systems Corp. (3D Systems) announced that SYNNEX Corp. (SYNNEX), a leading distributor of IT products and services, has joined its expanding global reseller network. Under the agreement, SYNNEX will sell and support 3D Systems' complete portfolio of personal and professional 3D printers and materials through its PRINTSolv Wide Format group in the U.S. and Canada. Avi Reichental, President and Chief Executive Officer of 3D Systems, stated, "This new relationship substantially expands our North American reach through a Fortune 500 organization with a track record of delivering exceptional customer service." The Full Research Report on 3D Systems Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/7455_DDD]

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Joy Global, Inc. Research Report

On May 30, 2013, Joy Global Inc. (Joy Global) reported its Q2 FY 2013 financial results (period ended April 26, 2013). The Company reported net sales of $1.4 billion, compared to $1.5 billion reported in Q2 FY 2012. The Company's operating income was $279 million, compared to $333 million in Q2 FY 2012. Income from continuing operations was $182 million or $1.69 per fully diluted share, compared to $218 million or $2.04 per fully diluted share in Q2 FY 2012. "This quarter again reflected strong execution against continued market headwinds," said Mike Sutherlin, President and Chief Executive Officer of the Company. He added, "Revenues were down 12 percent, in line with expectations, and operating profit margin remained strong at nearly 21 percent due to operational efficiencies and cost reduction efforts. Our original equipment order stream included a longwall system for U.S. coal and, as expected, our aftermarket orders improved sequentially. Even though the overall order rate continues to reflect soft market conditions, the base order rate, before major projects, has been consistent over the last five quarters. We see this as providing market stability until the current commodity supply surplus is worked off." The Company narrowed its full-year FY 2013 revenue guidance to range from $4.9 billion to $5.0 billion, from its previous guidance range of $4.9 billion to $5.2 billion. Further, the Company expects earnings per fully diluted share to be between $5.60 and $5.80, down from its previous guidance range of $5.75 to $6.35. The Full Research Report on Joy Global, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/b40d_JOY]

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Pall Corp. Research Report

On May 30, 2013, Pall Corp. (Pall) reported its Q3 FY 2013 financial results (period ended April 30, 2013). The Company reported sales of $641.2 million, representing a 2.6% YoY decline. Diluted EPS was $0.65, compared to $0.60 in Q3 FY 2012. Larry Kingsley, President and Chief Executive Officer of Pall, said, "The best way to summarize our performance for the quarter and nine months is that, in the face of continued economic challenges, we are delivering pretty solid returns. This is largely due to improved operational execution and the effect of our structural cost actions." "While the company is executing well, we're mindful of the slower global environment that many of our customers are experiencing and now expect full year sales to be flat year over year, excluding impact from foreign currency translation. Full-year pro forma EPS is now expected to be in the range of $2.95 to $3.05, and within our previously discussed range, but narrowed to the bottom half," concluded Kingsley. The Full Research Report on Pall Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/dffd_PLL]

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Xylem Inc. Research Report

On May 24, 2013, Xylem Inc. (Xylem) announced that its Lowara Ecocirc circulator pump has won the Plus X "Best Product of the Year 2013" award. The Lowara Ecocirc high-efficiency circulator pump was selected for its unique magnetite-resistant "anti-block" technology. Giorgio Menegazzi, Xylem's Global Product Manager for Circulators, commented, "At Xylem, we constantly strive to ensure our products meet our customers' requirements while maintaining the highest pumping standards. To win the best product of the year award is a true endorsement of our product design and application expertise, and we're delighted to have been recognized." The Ecocirc pump is specifically designed for heating systems in domestic environments and can reduce electricity costs by up to 90% compared to traditional fixed three-speed pumps. The Full Research Report on Xylem Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/c5eb_XYL]

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Lennox International, Inc. Research Report

On May 15, 2013, Lennox International, Inc.'s (Lennox) Board of Directors voted to increase the quarterly cash dividend from $0.20 per share of common stock to $0.24 per share of common stock. The dividend is payable on July 15, 2013 to stockholders of record as of June 28, 2013. Further, Chairman and Chief Executive Officer Todd Bluedorn addressed the KeyBanc Capital Markets Industrial, Automotive and Transportation Conference on May 30, 2013, Thursday. The presentation materials can be viewed on the Company's official website. The Full Research Report on Lennox International, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/31f8_LII]

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