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PR News Wire (Free subscription) | 29/08/2008
- Updates fiscal 2009 guidance
CLEVELAND, Aug. 29 /PRNewswire-FirstCall/ -- Applied Industrial
Technologies (NYSE: ) today announced it has successfully completed the
previously announced acquisition of Fluid Power Resource, LLC (FPR) and the
following seven fluid power distribution businesses: Bay Advanced
Technologies, Carolina Fluid Components, DTS Fluid Power, FluidTech, Hughes
HiTech, Hydro...
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Seeking Alpha (Free subscription) | 09/08/2008
Applied Industrial Technologies (AIT) F4Q08 Earnings Call Complete Story »
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Market Watch (Free subscription) | 08/08/2008
NEW YORK (MarketWatch) -- Applied Industrial Technologies said Friday its second-quarter profit totaled $24.4 million, or 57 cents a share, from $24.6 million, or 56 cents a share, in the same quarter a year before. Analysts had also expected earnings on average of 57 cents a share, according to a FactSet Research survey. Sales for the quarter totaled $530 million compared to $528 million in the year-ago...
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PR News Wire (Free subscription) | 08/08/2008
CLEVELAND, Aug. 8 /PRNewswire-FirstCall/ -- Applied Industrial
Technologies (NYSE: ) today reported sales and earnings for its fourth
quarter and fiscal 2008 year ended June 30. Fiscal 2008 sales increased
3.7% to a record $2,089,456,000 from $2,014,109,000 in fiscal 2007. Net
income for the year also established a new high as it rose 11% to
$95,456,000 versus $86,022,000 in the previous year. Earnings...
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PR News Wire (Free subscription) | 31/07/2008
CLEVELAND, July 31 /PRNewswire-FirstCall/ -- Applied Industrial
Technologies (NYSE: ) will announce its fourth quarter and year-end
results on the morning of Friday, August 8, 2008, and will also host its
conference call for investors and analysts at 3 p.m. ET that same day. The
conference call had previously been set to start at 2 p.m.
To join in the call, dial 1-888-581-9259, passcode 54843171....
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News & Information (Free subscription) | 31/07/2008
CLEVELAND, July 31 /PRNewswire-FirstCall/ — Applied Industrial Technologies (NYSE: AIT) will announce its fourth quarter and year-end results on the morning of Friday,……Read more
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PR News Wire (Free subscription) | 14/07/2008
- Provides greater coverage to North American industry
- Extends dedicated fluid power business to 67 sales and service facilities
CLEVELAND, July 14 /PRNewswire-FirstCall/ -- Applied Industrial
Technologies (NYSE: ) today announced it has agreed to acquire the
assets of Fluid Power Resource, LLC (FPR) and the following seven fluid
power distribution businesses: Bay Advanced Technologies, Carolina...
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PR News Wire (Free subscription) | 17/06/2008
CLEVELAND, June 17 /PRNewswire/ -- For the second consecutive year
Applied Industrial Technologies (NYSE: ) has earned the prestigious Gold
Alliance Supplier Award from Vulcan Materials Company. Applied received
this award for its services in 2007. The award is unique because plant
managers at 175 Vulcan facilities rate suppliers on key operations criteria
that include product quality, customer service,...
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PR News Wire (Free subscription) | 11/06/2008
CLEVELAND, June 11 /PRNewswire-FirstCall/ -- Applied Industrial
Technologies (NYSE: ) today announced it has successfully completed the
acquisition of Suministros Industriales Enol, S.A. de C.V. and its group of
companies. The transaction officially closed on May 30, 2008.
Enol, headquartered in Puebla, Pue., is one of Mexico's largest
distributors of power transmission products including bearings,...
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PR News Wire (Free subscription) | 14/05/2008
CLEVELAND, May 14 /PRNewswire-FirstCall/ -- Applied Industrial
Technologies (NYSE: ) today announced it has reached an agreement in
principle to acquire Suministros Industriales Enol, S.A. de C.V. and its
group of companies. The transaction is expected to close on or before May
30, 2008. Terms were not disclosed.
Enol, headquartered in Puebla, Pue., is one of Mexico's largest
distributors of power...
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Market Watch (Free subscription) | 24/04/2008
TEL AVIV (MarketWatch) -- Applied Industrial Technologies, the Cleveland provider of a range of products and services, reported fiscal third-quarter earnings rose 8.7% on 1.7% higher sales, and it cut a nickel from the bottom end of its estimated full-year earnings range. For the quarter ended March 31, earnings reached $23.6 million, or 55 cents a share, from $21.7 million, or 49 cents, in the year-earlier...
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PR News Wire (Free subscription) | 23/01/2008
- EPS of $0.52 on 8.2% sales gain
- Raises fiscal year guidance
CLEVELAND, Jan. 23 /PRNewswire-FirstCall/ -- Applied Industrial
Technologies (NYSE: ) today reported record second quarter sales and
earnings. For its fiscal 2008 second quarter, ended December 31, 2007, net
income rose 23.7% on a sales increase of 8.2%.
Net sales for the second quarter increased to $511,008,000 from
$472,365,000...
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PR News Wire (Free subscription) | 07/01/2008
CLEVELAND, Jan. 7 /PRNewswire-FirstCall/ -- Applied Industrial
Technologies (NYSE: ) today said it expects to report fiscal 2008 second
quarter earnings before market opens on the morning of Wednesday, January
23. The company's fiscal 2008 second quarter ended December 31, 2007.
The quarterly conference call for investors and analysts will begin at
4 p.m. ET on January 23. The call will be conducted...
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PR News Wire (Free subscription) | 17/12/2007
CLEVELAND, Dec. 17 /PRNewswire-FirstCall/ -- Applied Industrial
Technologies (NYSE: ) today announced the acquisition of VYCMEX S.A. de
C.V. and its group of companies. VYCMEX, headquartered in Monterrey, is
Mexico's largest independent fluid power distributor with over 70
employees.
VYCMEX operates 5 service centers in Monterrey, Mexico City, Veracruz
and San Luis Potosi. The company will operate...
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PR News Wire (Free subscription) | 23/10/2007
CLEVELAND, Oct. 23 /PRNewswire-FirstCall/ -- Applied Industrial
Technologies (NYSE: ) Chairman & Chief Executive Officer David L. Pugh
today announced that the Company's Board of Directors has declared a
quarterly cash dividend of $0.15 per common share, payable on November 30,
2007, to shareholders of record on November 15, 2007.
With more than 445 facilities and 4,600 employee-associates across
North...
