Tyco International Ltd. (TYC) reported fourth-quarter earnings per share from continuing operations of 61 cents. This was higher than the Zacks Consensus Estimate of 54 cents per share.   Quarterly Revenues of $4.4 billion declined 16% versus the prior year with an organic revenue decline of 12%. For the largest operating segment, ADT Worldwide, revenues of $1.8 billion declined 9% in the quarter with an organic revenue decline of 5% and a 4% decline due to changes in foreign currency. ADT's recurring revenues grew 4% organically on a global basis. Systems installation and service revenue declined 14% organically, mostly due to weakness in North America and Europe, as a result of continuing lower sales to commercial customers, including the retailer end market.

For Flow Control, revenues of $1 billion declined 15% in the quarter with an organic revenue decline of 10%. Organic revenues declined 7% in the Valves business, 17%

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Parker Hannifin Corporation (PH) reported fiscal 2010 first quarter net income, which declined 71% to $73.5 million from $250.2 million in the first quarter of fiscal 2009. Earnings per diluted share declined 70% to 45 cents. This was higher than the Zacks Consensus Estimate of 17 cents.  Sales were $2.2 billion in the quarter, a decline of 27% from $3.1 billion in the first quarter a year ago.  In the Industrial North America segment, sales declined 29.3% to $783.1 million and operating income declined 52.5% to $76.2 million, compared with the same period a year ago. In the Industrial International segment, sales declined 30.5% to $850.3 million, and operating income declined 69.5% to $61.8 million compared with the same period a year ago. In the Aerospace segment, sales decreased 12.9% to $416.9 million and operating income declined 22.0% to $53.1 million, compared with the same period ...

For Immediate Release

Chicago, IL – November 4, 2009 – Zacks.com releases the latest Industry Outlook. Today, Zacks Equity Research discusses the Aerospace & Defense sector, including United Technologies Corporation (UTX), Oshkosh Corporation (OSK), The Boeing Company (BA) and Honeywell International Inc. (HON).

A synopsis of today’s Industry Outlook is presented below. The full article can be read at http://www.zacks.com/stock/news/26834/Aerospace+%26amp%3B+Defense.

With core defense spending expected to slow, U.S. defense contractors need to identify additional revenue sources for the coming years. 2009 holds potential for interesting merger and acquisition (M&A) activity, mostly smaller deals by larger A&D firms to fill in capability gaps -- particularly in the security, defense electronics and aftermarket services business areas. U.S. defense firms may see opportunities in credit-squeezed markets to pick up U.S. assets at historically low price-to-earnings multiples.

Some large companies are expanding into the adjacent markets

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OVERVIEW Inherently, big defense contractors are expected to eliminate jobs as the Pentagon has lowered spending on traditional weapon systems, while smaller, niche companies may accelerate hiring as the United States garners resources to protect ground troops and strategic computer networks. Industry pioneer Lockheed Martin Corporation (LMT) aims to reduce 600 jobs as a result of the US Defense Department's decision to terminate the VH-71 presidential helicopter program. The Boeing Company (BA) hinted that Pentagon cuts would claim 1,000 jobs in its defense business, affecting staffing at various work sites in the United States in missile defense and in the Army's Future Combat Systems modernization program, which is now being opened to more competition. The large commercial aircraft sector is expected to generate most of its revenue from Asia Pacific Japan (APJ) and the Middle East, relying less on U.S. orders because of the ...

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

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Tuesday October 13, 2009

DrStockPick.com Stock Report!

JNPR, PWRM, FISV, CSRH, CSCO, CVAT, HON, AQNM, HAL

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JNPR, Juniper Networks, Inc.

JNPR is the leader in high-performance networking. JNPR offers a high-performance network infrastructure that creates a responsive and trusted environment for accelerating the deployment of services and applications over a single network.

CANARIE Inc., Canada’s advanced research and innovation network, has implemented JNPR’s MX Series Ethernet Services Routers into its national network. This deployment will allow CANARIE’s 39,000 researchers at almost 200 universities in Canada, and their colleagues around the world, to exchange and analyze large volumes of information more quickly, driving innovation

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Tuesday October 6, 2009

DrStockPick.com Stock Report!

EMR, PWRM, AVCT, CSRH, MSFT, CVAT, PALM, AQNM, HON

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EMR, Emerson Electric Co. and AVCT, Avocent Corporation

EMR a diversified global technology company, engages in designing and supplying product technology and delivering engineering services to various industrial and commercial, and consumer markets worldwide.

AVCT designs, manufactures, licenses, and sells software and hardware products and technologies that provide connectivity and centralized management of information technology (IT) infrastructure in the United States and internationally.

EMR has agreed to buy AVCT for about $1.2 billion in cash

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PWRM, Power 3 Medical Products Inc, PWRM.OB

Power3 Medical Products, Inc. is

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Thursday October 1st, 2009

DrStockPick.com Stock Report!

IMCI, IBM, PWRM, ADSK, CSRH, CVAT, ADBE, HON

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IMCI, Infinite Group Inc., IMCI.OB

IMCI is a world-class IT services and solutions provider serving a range of government and commercial organizations. Headquartered in Pittsford, New York, with offices in the Washington, D.C., metropolitan area and Colorado Springs, Colorado, IMCI is focused on the following, interconnected practice areas: IT Infrastructure Services, Virtualization and Consolidation, Cloud Computing, Project and Program Management, and Business and Technology Integration. IMCI is dedicated to the alignment of business and technology initiatives, and the delivery of superior results.

IMCI’s division Cloud-CastSM announced that

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Monday September 21, 2009

DrStockPick.com Stock Report!

BIIB, PWRM, CHIP, CVAT, CSRH, HON

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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, and mechanisms of diseases through the development of diagnostic tests and drug targets. Power3’s patent-pending technologies are being used to develop screening and diagnostic tests for the early detection and prognosis of disease, identify protein biomarkers, and drug targets. Diagnostic tests are targeted toward markets with critical unmet needs in areas including neurodegenerative disease (NuroPro) and breast cancer (BC-SeraPro). Power3 expects to

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Honeywell International Inc. (HON) announced that it has been awarded an additional option year on a contract from the U.S. Army to improve performance and extend the life of the AGT1500 turbine engine that powers the M1 Abrams tank.

The Total Integrated Engine Revitalization Program fourth year option has a not-to-exceed value of more than $300 million, bringing the total contract value to more than $1.4 billion. Honeywell is working with the Army’s Program Manager Heavy Brigade Combat Team, TACOM Life Cycle Management Command and Anniston Army Depot (ANAD) under the contract to provide parts, engineering, depot and field support services, enabling ANAD to reset and maintain approximately 750 engines.

The company also announced that United Kingdom’s Ministry of Defense will purchase the Honeywell 55-L-714A engine and spares, valued at approximately $185 million, to retrofit their fleet of Chinook helicopters. The engines will be provided to the Ministry of Defense over

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