Deane Dray News
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Itron Inc., the largest U.S. maker of metering devices that save energy and cut waste, said smart meters installed in Mumbai reduced water losses by half.
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Tyco International Ltd.’s slimmed- down focus on commercial fire and security products coupled with its projected 52 percent profit growth is making the company takeover bait, again.
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Dave Cote has won analysts’ support for his view that Honeywell International Inc. is on a path to higher margins and revenue growth that merit a premium stock valuation. Converting investors may prove tougher.
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3M Co. rose the highest in New York trading since August after agreeing to buy Avery Dennison Corp.’s office-products business for $550 million.
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W.W. Grainger Inc. had its biggest two-day loss in more than three years, on concern that its revenue and profit growth will be crimped by Amazon.com Inc.’s foray into online tool distribution.
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Honeywell International Inc. is tapping into a shale-drilling boom by selling customers such as Dow Chemical Co. a technology to convert propane found alongside natural gas into a raw material for plastics.
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July 17 (Bloomberg) -- On today's "The Next Big Trade," Citigroup's Deane Dray talks about the first trade for tomorrow. He speaks on Bloomberg Television's "Street Smart." (Source: Bloomberg)
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Jeffrey Immelt, saying he holds few regrets after leading General Electric Co. in 10 years bracketed by terrorism and a nuclear meltdown, predicts a payoff through 2013 as reinvigorated industrial units expand globally.
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General Electric Co. fell the most in a month as tighter margins in industrial divisions overshadowed a fourth straight quarter of profit growth combined with a dividend increase.
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3M Co.’s Inge Thulin, named today to become chief executive officer Feb. 24, pledged to keep the strategy set by predecessor George Buckley of using research and development and emerging-market expansion to drive growth.
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