Strategic Investments, Financial Results Releases, Promotions, and Product Line Expansions - Analyst Notes on GE, Flowserve, Cummins, USG and John Deere - KMPH FOX 26 | Central San Joaquin Valley News Source

Strategic Investments, Financial Results Releases, Promotions, and Product Line Expansions - Analyst Notes on GE, Flowserve, Cummins, USG and John Deere

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SOURCE Analysts Review

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NEW YORK, April 29, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding General Electric Company (NYSE: GE), Flowserve Corp. (NYSE: FLS), Cummins Inc (NYSE: CMI), USG Corporation (NYSE: USG) and Deere & Company (NYSE: DE). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1754-100free.

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General Electric Company Analyst Notes
On April 25, 2014, General Electric Company (GE) informed that GE Energy Financial Services - the Company's energy investment business - has forayed in Indian solar power sector by investing $24 million in a 151 (DC)-megawatt solar photovoltaic power project put up by Welspun Renewables Energy Pvt. Ltd. (WREPL). The project, part of WREPL's 308 (DC)-megawatt operational solar portfolio, is located on an 800-acre site in Neemuch, which sits on a 500-meter-high barren land ridge in the Indian state of Madhya Pradesh. The Company informed that the project, one of the world's largest solar plants, powers 624,000 homes and mitigates an estimated 216,372 tons of carbon emissions annually. With this transaction, GE Energy Financial Services has surpassed $10 billion in cumulative renewable energy investment commitments worldwide, which includes $1.8 billion in solar power commitments in seven countries. The full analyst notes on GE are available to download free of charge at:

http://www.analystsreview.com/1754-GE-29Apr2014.pdf

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Flowserve Corp. Analyst Notes
On April 23, 2014, Flowserve Corp. (Flowserve) reported its financial results for Q1 2014. The Company posted 2.6% YoY decline in net sales to $1.7 billion. Net earnings for Q1 2014 came in at $107.7 million, or $0.78 per diluted share, as compared to $97.8 million, or $0.67 per diluted share, in Q1 2013. The analysts polled by Thomson Reuters expected earnings of $0.75 per share for the quarter. Mike Taff, Flowserve's Senior Vice President and CFO, commented, "We remain encouraged by the momentum we are seeing in our end markets, particularly the strong bidding activity in North America. When combined with our improving backlog, this supports reaffirming our full year 2014 guidance, including 3 to 6 percent constant currency revenue growth and EPS between $3.65 and $4.00." The shares of the Company fell 5.34% to close the session at $73.96 on April 24, 2014. The full analyst notes on Flowserve are available to download free of charge at:

http://www.analystsreview.com/1754-FLS-29Apr2014.pdf

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Cummins Inc Analyst Notes
On April 17, 2014, Cummins Inc. (Cummins) announced the promotion of Jason MacLean Vice President, Power Generation Business Unit (PGBU) Supply Chain. In his new role, MacLean will become an officer of the Company. The Company informed that MacLean will continue to lead all functions within supply chain within the Power Generation Business Unit including global manufacturing of generator sets and alternators in 16 locations, purchasing, logistics, order management, planning and Supply Chain HSE and quality. Commenting on MacLean's promotion, Tony Satterthwaite, President, Power Generation Business and Vice President, Cummins, said, "Jason has been instrumental in leading important supply chain improvements for the Power Generation business over the past three years and he is a key driver of our forward-looking strategy in this area." The full analyst notes on Cummins are available to download free of charge at:

http://www.analystsreview.com/1754-CMI-29Apr2014.pdf

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USG Corporation Analyst Notes
On April 23, 2014, USG Corporation (USG) announced its Q1 2014 financial results. During the quarter, the Company reported net sales of $850.0 million, up 4.4% YoY. USG's net income during the quarter was $45 million, or $0.32 per diluted share, compared to $2 million, or $0.02 per diluted share, in Q1 2013. The Q1 2014 adjusted earnings per basic share increased to $0.14 from $0.01 during Q1 2013, but fell short of Bloomberg's consensus estimate of $0.20. Commenting on the performance, USG's Chairman, President and CEO, James S. Metcalf said, "Despite the harsh winter conditions across most of the United States during the first quarter, we delivered positive operating results and net income." USG's stock declined 4.12% to close at $30.99 on April 24, 2014. The full analyst notes on USG are available to download free of charge at:

http://www.analystsreview.com/1754-USG-29Apr2014.pdf

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Deere & Company Analyst Notes
On April 17, 2014, Deere & Company (John Deere) announced the expansion of its Mulch On Demand (MOD) mower deck offering in order to serve the needs of its customers. The Company informed that the exclusive MOD has been made available in the 2014 QuikTrak commercial mower lineup, which includes the 652R MOD and 652R EFI MOD models. The John Deere MOD deck allows an operator to switch between mulching and side discharging without leaving the mower. Chris Russell, John Deere Product Manager, commented, "The Mulch On Demand deck has proven capabilities that allow the operator to boost productivity and versatility in their commercial mowing operation." The full analyst notes on John Deere are available to download free of charge at:

http://www.analystsreview.com/1754-DE-29Apr2014.pdf

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About Analysts Review
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EDITOR'S NOTES:
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1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE
Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

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