Textron 1Q Sales Fall 12.5%
Automotive and defense business offsets aircraft delivery decline for Textron.
Day: April 22, 2010
Cooper Industries Core Sales Decline 4.7%
In anticipation of the completion of the joint venture with Danaher, the electrical products and tool manufacturer realigned its reporting segments.
Watsco Same-Store Sales Fall 3% in 1Q
With Carrier Enterprise, Watsco sales grew to $510 million for the quarter, up 75%.
Applied Industrial Technologies Sales Rise 7.6% in 3Q
AIT profit also grows compared with 2009; end-market activity improves.
Reliance Steel & Aluminum Profit Climbs 122% in 1Q
CEO: 'Business conditions continued to improve in the first quarter."
Wholesale Prices Rise 0.7% in March
Increase in Producer Price Index follows a decline in February.
United Rentals 1Q Sales Down 18.5%
United Rentals recorded a net loss of $40 million for the period.
Hubbell 1Q Sales Decline 3%
The fourth quarter 2009 acquisition of Burndy contributed 7 percent to overall sales for the manufacturer of electrical and electronic products.
Oak Hill Capital Partners Agrees to Buy The Hillman Companies
Deal is valued at $815 million for Hillman, a distributor of fasteners and other hardware items.