Social Activities, New Contract Awards, and Quarterly Cash Dividends - Research Report on Pentair, CB&I, ABB, Foster Wheeler, and Toro

Mon Sep 30, 2013 8:00am EDT

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Social Activities, New Contract Awards, and Quarterly Cash Dividends - Research Report on Pentair, CB&I, ABB, Foster Wheeler, and Toro

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NEW YORK, September 30, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Analysts' Corner announced new research reports highlighting Pentair, Inc. (NYSE: PNR), Chicago Bridge & Iron Company N.V. (NYSE: CBI), ABB Ltd. (NYSE: ABB), Foster Wheeler AG (NASDAQ: FWLT), and Toro Co. (NYSE: TTC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Pentair, Inc. Research Report

On September 24, 2013, Pentair, Inc. (Pentair) announced its Commitment to Action to address safe water needs for the people in Kibera, a poverty-stricken settlement in Nairobi, Kenya, at the Clinton Global Initiative (CGI) Annual Meeting. Through this commitment, the Company said that it will help reduce the total number of residents undergoing water-borne illnesses, the leading cause of death around the world. Randall J. Hogan, Chairman and CEO, Pentair, commented, "We are excited to announce our Clinton Global Initiative commitment to deliver clean water to the people of Kibera. We believe that the innovative model set forth by Shining Hope for Communities holds great promise. Through our safe water work around the globe, Pentair has developed sustainable and cost-effective solutions that not only drastically reduced waterborne diseases in the communities served, but also provide key learnings that will be applied to the Building a Better Kibera project."

The Full Research Report on Pentair, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/2bad_PNR]

Chicago Bridge & Iron Company N.V. Research Report

On September 19, 2013, Chicago Bridge & Iron Company N.V. (CB&I) announced that Sunoco Partners Marketing and Terminals L.P. has granted the Company a contract valued in excess of $50 million. As per the contract, CB&I will supply engineering, procurement, construction and pre-commissioning for two large low-temperature liquefied propane and butane tanks for Sunoco Logistics' Mariner South project in Nederland, Texas. Commenting on the new contract, Luke Scorsone, President of CB&I's Fabrication Services operating group, said, "This award builds on CB&I's proven capabilities in the engineering and construction of low-temperature tanks for major projects. Our experience, client offerings and vast resources position CB&I to support current and future propane and butane infrastructure projects in the liquefied petroleum gas industry." The Full Research Report on Chicago Bridge & Iron Company N.V. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/f103_CBI]

ABB Ltd. Research Report

On September 19, 2013, ABB Ltd. (ABB) announced that it has been awarded an order worth approximately $25 million to supply its marine propulsion system, Azipod, and complete electric power plants for two new rescue and salvage icebreakers that are undergoing construction at Nordic Yards GmbH in Germany. Veli-Matti Reinikkala, Head of ABB's Process Automation division, commented, "Since ABB's first delivery of Azipod technology for ice breakers in the 1990s, 60 units have been delivered for more than 30 ice-going vessels. On average, two out of three high ice-class vessels built today are fitted with ABB systems. This order sustains our reputation as a long-term and reliable partner in the Russian market." The Full Research Report on ABB Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/78d4_ABB]

Foster Wheeler AG Research Report

On September 25, 2013, Foster Wheeler AG (Foster Wheeler) announced that a subsidiary of its Global Engineering and Construction Group was offered a contract by Wood Mackenzie Limited to provide consultancy services for two projects in Peru, namely, the Energy Security and South Pipeline Project and the Energy Node in South Peru Project. According to the Company, the undisclosed contract value was included in its Q2 2013 bookings. Umberto della Sala, President and Chief Operating Officer of Foster Wheeler, commented, "Both projects leverage our technical expertise in geographical information systems, pipelines and power plant design. We will evaluate options for the proposed gas transportation infrastructure and routing, as well as power plant configuration and location, to accommodate the challenging Peruvian geography and to optimize the implementation schedule for the projects." The Full Research Report on Foster Wheeler AG - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/fbfa_FWLT]

Toro Co. Research Report

On September 17, 2013, Toro Co.'s (Toro) Board of Directors announced a regular quarterly cash dividend of $0.14 per share. Toro informed that shareholders of record as on September 30, 2013 will be paid the dividends on October 15, 2013. The Full Research Report on Toro Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/0f3b_TTC]

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