Cooper Industries Inc
Article Abstract:
Cooper Industries Inc Chmn Robert Cizik's announcement that 1992 sales for its Petroleum and Industrial Products division could decrease by approximately 10% led to downgradings by analysts of the company's stocks. Most analysts lowered their rating of the company's shares and decreased their estimated projections on its prices. However, none of the analysts gave an adverse evaluation of the company as a whole in consideration of seven consecutive years of increased profits, a 10% net income advance for the March qtr and Cizik's confidence in the other divisions.
Publication Name: The Insiders' Chronicle
Subject: Business
ISSN: 0162-5152
Year: 1992
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Video Lottery Technologies, Inc
Article Abstract:
Video Lottery Technologies Inc stock might not immediately recover from a 60% price decline for the Sep 1992 quarter. Several analysts, however, have shown interest on the video terminal and control system supplier due to the resignation of Chmn and CEO Larry Lippon. A sale of 909,000 shares by Lippon and Richard Barber has also altered the weak outlook for the stock. Analyst James Stark believes that Lippon's exit lessened the risks of the stock. Tom Sprague and Bruce Turner have also expressed similar favorable speculations on Video Lottery Technologies.
Publication Name: The Insiders' Chronicle
Subject: Business
ISSN: 0162-5152
Year: 1992
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Roper Industries Inc
Article Abstract:
Roper Industries Dir Donald Calder and George Ohrmstrom Jr purchased 40,000 shares on Sep 14, 1992 at a time when the company started a runup from its 11.5 low. Purchase for the shares were from 14.5 to 17.25. The company is seemingly undergoing a prime turn around with its acquisition of Compressor Controls Corp. At the same time, Roper announced earnings of $1.5 million with pre-tax sales of $8.8 million for the six months ending Jun 1992. For 7 million shares, Roper pays 16 cents.
Publication Name: The Insiders' Chronicle
Subject: Business
ISSN: 0162-5152
Year: 1992
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