Crane Co. (CR), which boasts an industry-leading yield of 2.7%, recently declared a quarterly dividend of 20 cents per share. The company also posted solid results for the third quarter, raising the lower end of its earnings outlook.

Company Description

Crane Co. manufactures highly engineered industrial products. Founded in 1855, the company provides products and solutions to customers in the aerospace, electronics, hydrocarbon processing, petrochemical, chemical, power generation, automated merchandising, transportation and other markets. Crane's five business segments are: Aerospace & Electronics, Engineered Materials, Merchandising Systems, Fluid Handling and Controls. Crane has approximately 11,000 employees in North America, South America, Europe, Asia and Australia.

Solid Income

The company recently declared a quarterly dividend of 20 cents per share, noting that it is payable on December 10 to shareholders of record as of the close of business on November 30.

Crane's dividend yield of 2.7% tops the industry average of 1.6%

A Strong Quarter

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For Immediate Release

Chicago, IL – November 13, 2009 – Zacks Equity Research highlights Expedia Inc. (EXPE) as the Bull of the Day and Triumph Group, Inc. (TGI) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Target (TGT), TJ Maxx/Marshall’s (TJX) and Abercrombie & Fitch (ANF).

Full analysis of all these stocks is available at http://at.zacks.com/?id=5506

Here is a synopsis of all five stocks:

Bull of the Day:

Expedia Inc. (EXPE) is one of the leading online travel companies in the world. The company reported strong results in the last quarter, beating the Zacks Consensus Estimate. Promotional activity continues to have a positive impact on the conversion rate, and spending is expected to strengthen in the next few quarters.

We are also positive about international initiatives, which we think will be the key to future growth.

...

We maintain our Underperform rating on Triumph Group, Inc. (TGI) based on the belief that there will be no significant recovery in the delivery of new commercial aircraft in the medium term. A weak commercial OEM market is likely to continue for the coming months.

Huge dependence on government spending as well as on Boeing, its largest customer, is also discouraging. Intense competition in the aerospace is likely to have an adverse impact on the company.

The company's strategy to grow through acquisition involves risks that could adversely affect the operating results, including difficulties in integrating its recently acquired business.Zacks Investment Research

Yesterday, Triumph Group, Inc. (TGI) priced its previously announced offering of $175 million aggregate principal amount of senior subordinated notes due in 2017. The notes will have an interest rate of 8% per annum and are being issued at a price equal to 98.56% of their face value. The offering of the notes is expected to close on Nov 16, 2009.   The net proceeds from the offering is expected to be approximately $168.5 million after deducting the effects of original issue discount, initial purchaser discounts and estimated offering fees and expenses. The net proceeds from the issuance of the notes are to be used for general corporate purposes, which may include debt reduction, including the repayment of amounts outstanding under its revolving credit facility at a future date, without any permanent reduction of the commitments there under.   The notes will be issued and guaranteed on a senior ...

Revenues and profits for Titanium Metals Corporation (TIE) plunged in the third quarter of 2009 due to lower shipments on the back of weak demand from commercial aircraft builders and lower selling prices. Earnings per share for the country's largest producer of titanium was $1.1 million, or $0.01 per share, compared to last year's $40.2 million, or $0.22 per share. Earnings also missed the Zacks Consensus Estimate of 3 cents.

Revenues of $181.4 million declined 39% year over year. Volumes in the melted product segment were down 39% to 675 million tons while prices weakened 20% to $23.9 per ton from $29.85 per ton last year. Shipments in the mill product business plummeted 31% to 3.8 billion tons and prices dropped 6% to $56 per ton from $59.4 per ton. Lower sales were followed by a significant 93% fall in operating income to $3.5 million. Cost of sales declined

...

Earlier today, General Dynamics Corporation (GD) swept past the Zacks Consensus Estimate EPS of $1.40 by 8 cents in the third quarter of fiscal 2009. However, it fell 11 cents short of the year-ago figure of $1.59 in the third quarter of fiscal 2008. In the reported quarter, the company witnessed weak demand for its Gulfstream business jets. However, showing resilience, the company was able to beat market expectations through strong demand from defense-related products. On the revenue front, the company witnessed 8.1% growth year-over-year to $7.7 billion. During the quarter, General Dynamics witnessed a rapid escalation in the top line of its Combat Systems (year-over-year growth of 26.9%), Information Systems & Technology (8.8%) and Marine Systems (8.1%). However, Aerospace fell 18.4% year-over-year. The growth failed to trickle down due to dismal results at the Aerospace segment, where operating earnings shrunk 55.5% year-over-year to $125 ...

Honeywell International Inc., a Fortune 100 diversified technology and manufacturing leader, recently announced that the company’s third-quarter profit fell 15 percent due to slower sales in all its divisions with aviation and industrial products continuing to struggle.

For the third quarter ended September 30, the company earned $608 million, or 80 cents per share, down from $719 million, or 97 cents per share, one year ago. In addition, revenue declined 17 percent to $7.7 billion, down from $9.28 billion during the third quarter of 2008. Analysts surveyed by Thomson Reuters expected lower earnings of 72 cents per share on higher revenue of $7.88 billion.

More than half of Honeywell’s sales are overseas and as a result, the company has been hit by some of the economy’s weakest sectors, including the aerospace, automotive and construction markets. Sales in the company’s aerospace business decreased 16 percent in the third quarter compared with one year

...

The Boeing Company (BA) yesterday announced that it will record a $1 billion charge in the third quarter of fiscal 2009. The company attributed the charge from a delay in producing a new version of the 747-8 series freighter jet, leading to slow sales and late design changes. The aircraft competes with Airbus' A380 series aircraft. The goliath of commercial aerospace, Boeing has witnessed falling orders for its commercial planes in the recent times on account of tepid demand for air travel and cargo services. Already, a slew of commercial airlines have cancelled or deferred their fleet additions. Boeing has cut costs, reduced workforce and scaled back production of some aircrafts to cope with the changing market dynamics.   The $1 billion charge includes $640 million for higher estimated production costs consisting of late engineering design changes. This is besides the $360 million stemming from Boeing's decision ...

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Tuesday September 29, 2009

DrStockPick.com Stock Report!

PFE, PWRM, TXN, CSRH, AA, CVAT, DOW

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PFE, Pfizer Inc.

PFE is the world’s premier biopharmaceutical company taking new approaches to better health. We discover, develop, manufacture and deliver quality, safe and effective prescription medicines to treat and help prevent disease for both people and animals.

China’s Ministry of Commerce has approved PFE’s pending acquisition of Wyeth. The Ministry’s decision includes PFE’s commitment to divest certain animal health assets in China.

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PWRM, Power 3 Medical Products Inc, PWRM.OB

Power3 Medical Products, Inc. is a leading bio-medical company engaged in the commercialization of neurodegenerative disease and cancer biomarkers, pathways,

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L-3 Communications Holdings, Inc. (LLL) is seeing higher Zacks Consensus Estimates ahead of reporting next month. The 2009 year forecast of $7.38 per share is up 7 cents over the past 3 month. For the following year, analysts polled by Zacks are calling for earnings of $8.16, representing 11% growth year-over-year.

Company Description

L-3 Communications supplies a broad range of products and services used in aerospace and defense platforms.

The company provides various systems, subsystems and products on many, including those for secure networked communications and communication products, mobile satellite communications, information security systems, shipboard communications, naval power systems, missiles and munitions, telemetry and instrumentation and airport security systems.

L-3 is also a prime system contractor for aircraft modernization and operations & maintenance (O&M), Command, Control & Communications (C3), Intelligence, Surveillance and Reconnaissance (ISR) collection systems and services, training and simulation, intelligence services and government support services.

Customers include the U.S. Department of

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