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Parker-Hannifin


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Commitment to growth

Parker Hannifin Corporation has acquired Legris, Origa Group and Hargraves Technology in three separate deals that will see it renew its commitment to long-term growth.

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Zacks' Discounted Fundamental Strength strategy highlights ENGlobal, Parker Hannifin, SM&A and Columbus Mckinnon

CHICAGO--(BUSINESS WIRE)--Combining strong underlying fundamentals with low valuations can lower risk and increase portfolio returns. Zacks’ Discounted

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Parker Creates New Leadership Role for Europe, Middle East and Africa and Appoints Officer

CLEVELAND, Sept. 8 -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced the creation of a new leadership role in the company of President - Europe,

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Provisional Rights I: Calculating a reasonable royalty

Parker-Hannifin Corp. v. Champion Labs., 2008 U.S. Dist. LEXIS 61108 (N.D. Ohio 2008) Champion admitted that its oil filter infringed Parker's Patent No. 6,983,851 and also admitted that it owed a "reasonable royalty" to the patentee for pre-issuance sales based...

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Parker Chosen to Develop Hydraulic and Fuel Systems for New Bombardier CSeries Aircraft

CLEVELAND, Sept. 4 -- Parker Hannifin, the global leader in motion and control technologies, today announced that its Parker Aerospace segment has been chosen by Bombardier Aerospace to design and produce the fully inte...

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Parker 'to be greater' than sum of its parts

In an atmosphere of gathering gloom related to the US economy, Don Washkewicz, chief executive of Parker-Hannifin, says he has a million reasons to feel at least moderately upbeat. After all, the engineering company has 1m products in its sales catalogue

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Parker Hannifin Announces Executive Promotions

CLEVELAND, Aug. 15 /PRNewswire-FirstCall/ -- Parker Hannifin Corporation (NYSE: ), the global leader in motion and control technologies, today announced the promotion of Dana A. Dennis to Senior Vice President - Finance, and Jon P. Marten to Vice President and Corporate Controller, following their appointment by the company's Board of Directors. (Logo: ) Dennis has served as Vice President and...

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MBF Financial: *Revised* Analyst Reports for Southern Copper Corporation, Chevron Corporation, Parker Hannifin Corporation, and Aetna Inc.

LONDON (MARKET WIRE) MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Through our numerous partnerships with many of the top investment minds in the world, we provide research on companies making a move in the markets. Investors seeking genuine analyst opinions on their investments for Southern Copper Corporation (NYSE: PCU), Chevron Corporation...

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Parker Hannifin profit rose 16%; shares fall on outlook

Parker Hannifin Corp. shares fell more than 8% in midday trade on Thursday as its fiscal fourth-quarter profit rose but its forecast for fiscal 2009 fell below analyst expectations.

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UPDATE 2-Parker profit tops view but forecast disappoints

NEW YORK, July 31 (Reuters) - Diversified manufacturer Parker Hannifin Corp reported higher quarterly profit Thursday on strong international industrial demand, but a disappointing forecast sent its shares down 5 percent in premarket trading.

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Parker Hannifin quarterly profit rises to $1.47 a share

NEW YORK (MarketWatch) -- Parker Hannifin Corp. said Thursday its second-quarter profit totaled $253 million, or $1.47 a share, from $217 million, or $1.23 a share, in the same quarter a year before. The company matched expectation of analysts for adjusted earnings on average of $1.55 a share, according to a FactSet Research survey. Sales for the quarter were $3.35 billion compared to $2.87 billion...

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Parker Hannifin quarterly profit rises 16 pct

NEW YORK, July 31 (Reuters) - Diversified manufacturer Parker Hannifin Corp reported a 16 percent increase in quarterly profit on Thursday, citing strong demand among international industrial customers, but gave a full-year forecast that was below Wall Street estimates.

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Earnings Preview: Parker-Hannifin

Parker-Hannifin (PH) is expected to report Q4 earnings before market open Thursday, July 31, with a conference call scheduled for 10:00 am ET. Guidance Analysts are looking for EPS of $1.50 on revenue of $3.23B. The consensus range is $1.40 to $1.55 for EPS, and $3.17B to $3.25B for revenue, according to First Call. Complete Story »

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Parker Hannifin Chainless Challenge

If you are going to be in Cleveland the beginning of next week (July 28th and 29th), you might want to check out the Parker Hannifin Chainless Challenge. Teams of up to five engineering students from quite a few different universities have been working for a year on human/hydraulic powered bicycles that will be judged and raced in just a few days. You can read the design guidelines that the students...