The company's share price at midday Friday was $46.48 (symbol LUFK on the Nasdaq stock exchange). The company has seen an increased demand for high-speed gears. The growth has been especially increased in the energy and …
Nomura Securities' analyst Shannon O'Callaghan said GE's (NYSE: GE) purchase of Lufkin (NASDAQ: LUFK) for ~13.5x 2013E consensus EBITDA highlights the value of rival Dover Corp. (NYSE: DOV). Lufkin competes directly with Dover's …
"GE has long been considered not only one of LUFK's leading strategic suitors, but also the most likely to prevail if the sale of LUFK came down to a bidding war," Wells Fargo wrote in a research note on Monday morning. "That being …
Is the current inventory situation at Lufkin Industries (NASDAQ: LUFK) out of line? To figure that out, start by comparing the company's inventory growth to sales growth. How is Lufkin Industries doing by this quick checkup? At first glance, …
The second quarter earnings season gets into high gear this week as earnings reports from 280 companies come out, including 90 S&P 500 companies. By the end of the week, we will have reports from 122 S&P 500 companies, or …
General Electric (GE) will buy Lufkin Industries (LUFK), an oilfield services provider in a deal worth about $3.3 billion. The offer puts a price on Lufkin of $88.50 per share, a 38 percent premium to Friday's close. Lufkin makes artificial lift ...
Next week the fourth quarter earnings season is in full swing. A total of 492 firms are due to report, including 61 S&P 500 firms. So far the earnings season seems to be going well. The firms reporting this week include several icons of U.S. …
South Korea’s stock market has noticeably declined over the period. For the week the market posted a 2.29% gain, closing at 1588.85 (its second highest closing in history), just 0.28% off its all-time closing high set the day before. The …
Stocks reversed their early losses to end near session highs in thin trading Monday ... (Read More: Now It's Earnings That Could Stall the Stock-Market Rally) "Sometimes, earnings are a secondary trigger for markets – it's been more news …
LUFKIN's oil field pumping units are known throughout the world as the industry standard. The types of units produced include conventional Mark II, beam-balanced, air-balanced, low profile, slant hole, and trailer mounted. The Company's …