International Business News - BEZ http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif An analyst upgraded the shares of Baldor Electric Co. Tuesday, saying its low price makes it attractive for long-term, value-oriented investors. "We believe current valuation represents an attractive, cyclical entry point for patient investors," Robert W. Baird analyst Michael Schneider wrote in a note to investors. "We believe downside risk appears limited from here as a 'draconian' recession scenario appears to be priced in the stock." http://www.ibtimes.com/articles/20080930/ahead-of-the-bell-baldor-electric-stock-upgraded.htm Tue, 30 Sep 2008 08:57:32 EDT Electric motor and generator maker Baldor Electric Co. said Monday it expects its third-quarter earnings to remain flat, and to miss Wall Street expectations. http://www.ibtimes.com/articles/20080929/baldor-sees-3q-earnings-shortfall-completes-sale.htm Mon, 29 Sep 2008 14:54:53 EDT Electric motor and generator maker Baldor Electric Co. said Tuesday that it acquired Canada-based Poulies Maska Inc. for an undisclosed sum. The Ste-Claire, Quebec-based company, is a designer, manufacturer and marketer of sheaves, bushings, couplings and related mechanical power transmission components. http://www.ibtimes.com/articles/20080902/baldor-buys-poulies-maska-for-undisclosed-sum.htm Tue, 02 Sep 2008 11:03:26 EDT Shares of electrical equipment companies opened lower Friday as the broader market fell sharply amid worries over government-backed mortgage companies Fannie Mae and Freddie Mac, while oil prices climbed to new record highs. http://www.ibtimes.com/articles/20080711/opening-glance-electrical-equipment-shares-slip.htm Fri, 11 Jul 2008 10:54:07 EDT Shares of electrical equipment companies closed mostly higher Thursday, along with the broader market, helped by the more than $15 billion buyout of Rohm and Haas Co. by rival Dow Chemical Co. http://www.ibtimes.com/articles/20080710/closing-glance-electrical-equipment-shares-rise.htm Thu, 10 Jul 2008 16:22:09 EDT Shares of electrical equipment companies opened higher on Monday with the broader market, as oil prices declined and the dollar strengthened. Light, sweet crude fell $4.04 to $141.25 on the New York Mercantile Exchange. http://www.ibtimes.com/articles/20080707/opening-glance-electrical-equipment-shares-climb.htm Mon, 07 Jul 2008 10:31:38 EDT Shares of electrical equipment makers finished lower on Wednesday after the Commerce Department said factory orders rose 0.6 percent in May. The reading was in line with economists' estimates but was the worst result in three months. http://www.ibtimes.com/articles/20080702/closing-glance-electrical-equipment-shares-fall.htm Wed, 02 Jul 2008 16:14:39 EDT Shares of electrical equipment companies were mixed at the opening bell as the broader market declined following a fresh spike in oil prices. Light, sweet crude topped $142 a barrel in premarket trading on the New York Mercantile Exchange, and remained above $141 in regular trading early Friday. http://www.ibtimes.com/articles/20080627/opening-glance-electrical-equipment-shares-mixed.htm Fri, 27 Jun 2008 10:18:34 EDT Shares of electrical equipment companies closed mostly lower on Monday as investors focused on a jump in oil prices and awaited the Federal Reserve's meeting that starts Tuesday. http://www.ibtimes.com/articles/20080623/closing-glance-electrical-equipment-declines.htm Mon, 23 Jun 2008 16:14:34 EDT Shares of electrical equipment companies closed lower on Friday as the broader market fell sharply on a spike in oil prices and concerns over the health of the financial sector. http://www.ibtimes.com/articles/20080620/closing-glance-electrical-equipment-stocks-sink.htm Fri, 20 Jun 2008 16:16:56 EDT Shares of electrical equipment companies closed higher on Thursday as the broader market rose following a downturn in crude oil prices. Light, sweet crude for July delivery fell fell $4.06 to $132.62 per barrel on the New York Mercantile Exchange after China disclosed plans to raise fuel prices, which could lead to lowered demand. http://www.ibtimes.com/articles/20080619/closing-glance-electrical-equipment-shares-rise.htm Thu, 19 Jun 2008 16:10:41 EDT Shares of electrical equipment companies ended lower on Tuesday as the broader market was pulled down by a higher reading on wholesale inflation. The Labor Department said its index of producer prices rose 1.4 percent in May, the biggest increase in six months. Excluding volatile food and energy costs, however, the reading rose by just 0.2 percent. http://www.ibtimes.com/articles/20080617/closing-glance-electrical-equipment-finishes-down.htm Tue, 17 Jun 2008 16:17:21 EDT Shares of electrical equipment companies started higher with the broader market after the Commerce Department said retail sales rose 1 percent in May while brewer Anheuser-Busch Cos. got a buyout offer from Belgium-based InBev SA. http://www.ibtimes.com/articles/20080612/opening-glance-electrical-equipment-shares-rise.htm Thu, 12 Jun 2008 10:26:41 EDT Shares of electrical equipment companies opened mixed while the broader market wavered Tuesday, as the price of oil rose again and speculation grew that the Federal Reserve might raise interest rates to curb inflation. http://www.ibtimes.com/articles/20080610/opening-glance-electrical-equipment-opens-mixed.htm Tue, 10 Jun 2008 10:46:00 EDT Shares of electrical equipment makers ended mixed on Tuesday as the broader market tumbled on concerns that the financial sector continues to suffer from the credit crisis. The Wall Street Journal reported Tuesday that investment bank Lehman Brothers Holdings Inc. is planning to raise cash to shore up its balance sheet. http://www.ibtimes.com/articles/20080603/closing-glance-electrical-equipment-cos-end-mixed.htm Tue, 03 Jun 2008 16:13:18 EDT Shares of electrical equipment companies opened higher with the broader markets after Federal Reserve Chairman Ben Bernanke told an audience in Spain that he expects the U.S. economy will improve later in the year, although he indicated interest rates would remain unchanged. http://www.ibtimes.com/articles/20080603/opening-glance-electrical-equipment-shares-rise.htm Tue, 03 Jun 2008 10:35:34 EDT Shares of electrical equipment companies ended higher on Friday as the broader market ended narrowly mixed, after a government report showed personal spending rose somewhat in April, but only to keep pace with rising costs. http://www.ibtimes.com/articles/20080530/closing-glance-electrical-equipment-shares-up.htm Fri, 30 May 2008 16:43:44 EDT Shares of electrical equipment companies ended higher Tuesday as the broader market advanced following a decline in oil prices and a report showing that new home sales grew in April, their first increase in six months. http://www.ibtimes.com/articles/20080527/closing-glance-electrical-equipment-shares-climb.htm Tue, 27 May 2008 16:36:31 EDT Shares of electrical equipment companies finished mostly lower, following the broader market down as the price of oil marched higher and a report from the National Association of Realtors showed sales of existing homes fell by 1 percent in April. http://www.ibtimes.com/articles/20080523/closing-glance-electrical-equipment-ends-lower.htm Fri, 23 May 2008 16:21:34 EDT Shares of electrical equipment companies closed mostly lower Tuesday as the broader markets were dragged down by a spike in oil prices and concerns over inflation. http://www.ibtimes.com/articles/20080520/closing-glance-electrical-equipment-ends-lower.htm Tue, 20 May 2008 16:16:46 EDT