Electro Scientific to buy back up to $20M in stock Electro Scientific Industries Inc. said Monday that its board approved a plan to buy back up to $20 million in outstanding common shares, mainly to offset dilution that resulted from equity compensation programs. 19 May 2008
542.
Opening Glance: Electrical equipment opens higher Shares of electrical equipment companies opened mostly up, as the broader markets edged higher following a report from a private business group showing an index of leading economic indicators climbed modestly in April. 19 May 2008
543.
Opening Glance: Rails, shippers jump after upgrade Shares of railroads hit highs Monday, as a Stifel Nicolaus analyst upgraded Union Pacific Corp. to "Buy," and raised 12-month target prices for two other rail companies. Package shippers also rose with the broader market, even as oil climbed closer to its trading record. 19 May 2008
544.
Euroseas buys containership for $43.5 million Greek shipper Euroseas Ltd. on Monday said it agreed to buy the M/V Maersk Noumea, an intermediate container ship of 34,677 deadweight tons, for $43.5 million. 19 May 2008
545.
Opening Glance: Construction, engineering mixed Shares of heavy construction and engineering companies opened mostly higher on Monday as broader markets rose slightly, with investors restrained following a report showing that U.S. economic growth remains sluggish. 19 May 2008
546.
Euroseas raises dividend by 1 cent to 31 cents Greek shipper Euroseas Ltd. on Monday said its board boosted its quarterly cash dividend by a penny to 31 cents. The dividend will be paid on June 18 to shareholders of record as of June 6, Euroseas said. 19 May 2008
547.
Raven Industries 1Q profit rises 27 percent Plastics and electronics engineering company Raven Industries Inc. said Monday its first-quarter profit jumped 27 percent due to strong demand for flow controls products. 19 May 2008
548.
Honeywell reaffirms 2008 profit, sales projection Diversified manufacturer Honeywell International Inc. on Monday reaffirmed its 2008 earnings and sales projections, which were increased a month ago when the company reported strong first-quarter results. 19 May 2008
549.
Ametek lowers second-quarter, full-year outlooks Ametek Inc., which makes electronic and electromechanical devices, on Monday lowered its second-quarter and full-year guidance because of stock-based compensation expense. 19 May 2008
550.
Echelon projects loss in 2nd quarter Industrial control systems and software maker Echelon Corp. on Monday projected a loss of 21 cents per share for the second quarter and 35 cents for the full year. 19 May 2008
0.31%QQQQ 43.45 
0.48%XLF 21.74 
