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SOURCE Analysts Review
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NEW YORK, July 4, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding EnerSys (NYSE: ENS), IDEX Corporation (NYSE: IEX), Exelis Inc (NYSE: XLS), A. O. Smith Corp (NYSE: AOS) and Lincoln Electric Holdings, Inc. (NASDAQ: LECO). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4463-100free.
EnerSys Analyst Notes
On June 30, 2014, EnerSys announced that its 3.375% Convertible Senior Notes due 2038 (Convertible Notes), which first became convertible on January 2, 2014, will continue to be convertible from July 1, 2014 until September 30, 2014. According to the Company, Convertible Notes will continue to be convertible as EnerSys' common stock price's last sale price for at least 20 trading days in a period of 30 consecutive trading days, ending on the last trading day of the calendar quarter ended on June 30, 2014 exceeded 130% of the conversion price per share of the Company's common stock on such last trading day. EnerSys stated that the conversion rate of the convertible notes as of July 1, 2014 was c.24.9 shares of its common stock per $1,000 in principal amount of the Convertible Notes due to the cumulative impact of cash dividends paid on EnerSys' common stock. The full analyst notes on EnerSys are available to download free of charge at:
IDEX Corporation Analyst Notes
On June 24, 2014, IDEX Corporation (IDEX) announced that it has scheduled the webcast of its Q2 2014 earnings conference call on Wednesday, July 23, 2014, at 9:30 a.m. CT. The Company stated that its Chairman and CEO Andrew Silvernail and Senior Vice President and CFO Heath Mitts will discuss IDEX's Q2 2014 financial performance and answer questions from the financial community. According to IDEX, the call and presentation slides will be available on its website. A replay of the call will also be available on the said website after the call. The full analyst notes on IDEX are available to download free of charge at:
Exelis Inc Analyst Notes
On June 24, 2014, Exelis Inc (Exelis) reported that it received a contract vehicle from the General Services Administration (GSA) to provide professional services to federal agencies under its One Acquisition Solutions for Integrated Services (OASIS) program. Exelis informed that it will compete with other contractors for task orders under the contract vehicle. According to the Company, OASIS is a program that enables customers to efficiently and economically acquire professional services for integrated solutions and, despite not having any ceiling value, is a multibillion dollar vehicle. Exelis stated that the contract has a five-year base and one five-year option that allows long-term planning for complex program requirements. Pam Drew, President, Information Systems, Exelis said, "Exelis looks forward to this new opportunity to sustain and expand our high-end professional engineering, scientific, program management, management consulting, and logistics services support." The full analyst notes on Exelis are available to download free of charge at:
A. O. Smith Corp Analyst Notes
On July 1, 2014, A. O. Smith Corp (A. O. Smith) reported the launch of the Cyclone® Mxi, its first modulating, high-efficiency commercial gas water heater - the latest advancement of the Cyclone family of condensing gas water heaters. According to the Company, its new modulating process further increases energy efficiency and lowers operating costs by adjusting the burner's firing rate to a specific demand. A. O. Smith added that the new Cyclone Mxi models are all ENERGY STAR® qualified products that deliver up to 98% efficiency. David Chisolm, Vice President, Marketing, A. O. Smith said, "As one of the highest efficiency commercial gas water heaters on the market today, the Mxi is an achievement in product design that delivers superior energy savings and provides our customers with invaluable savings to their wallets." The full analyst notes on A. O. Smith are available to download free of charge at:
Lincoln Electric Holdings, Inc. Analyst Notes
On July 1, 2014, Lincoln Electric Holdings, Inc. (Lincoln Electric) reported that it has launched Techalloy® X, a new nickel-based MIG and TIG welding wire, made from nickel alloy that delivers oxidation resistance and high-temperature strength. According to the Company, this new welding wire provides enhanced stress corrosion cracking, making it perfect for petrochemical applications, and also for aerospace applications that are subject to high operating temperatures. The full analyst notes on Lincoln Electric are available to download free of charge at:
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