ATTENTION!!
PLEASE TAKE THE TIME TO READ THE FOLLOWING PR'S BETWEEN (THRR) AND COOPER IND.(NYSE)CBE
WE HAVE A STORY HERE THAT WILL GIVE US A PEEK OF WHATS TO COME!!!!!!!
TELL ME IF THIS IS LIKELY OR NOT?
BUYOUT? OR WHAT?
WHATS WITH THE VOLUME ON THE 23RD WITH NO PR FOR 2 WEEKS?
GO WITH THE STORY!
Cooper Industries Appoints New Cooper Tools President
11:00a ET February 17, 2010 (Business Wire)
Cooper Industries today announced the appointment of Laura K. Ulz as President, Cooper Tools. Ulz joined Cooper in 2007 as Vice President, Operations and since then has been responsible for leading Cooper's manufacturing, sourcing, supply chain, quality and continuous improvement groups and will continue to oversee these functions in her new expanded role.
"Laura has a proven track record of success at Cooper and has been instrumental in advancing our operational excellence initiative forward across the entire company," said Cooper Industries Chairman and Chief Executive Officer Kirk S. Hachigian. "She brings a wealth of experience and management expertise to her new additional responsibilities of overseeing Cooper Tools and will help ensure the continued success of this great business."
THRR RECEIVES TOOLING ORDER!!
NOTICE THAT THIS FOLLOWING PR WASN'T RELEASED UNTIL A MONTH LATER!!
Thresher Industries Receives Tooling Order from S&P 500 Conglomerate9:23a ET January 26, 2010 (PR NewsWire)
REMEMBER NEW TOOLS PRES. FOR COOPER!!
Thresher Industries, Inc. (Pink Sheets: THRR), a California-based manufacturer of precision aluminum and advanced metal matrix composite parts, announced today that it has received two purchase orders from an S&P 500 company. Thresher began production on both orders and all parts were shipped by the end of 2009. Thresher received two purchase orders for two parts each. After completing inspection and approval, Thresher has finalized production on the purchase orders and booked the revenue in the amount of approximately $70,000 for the fourth quarter of 2009.
"This represents the first and second production orders for our high pressure casting facility and the first use of our proprietary more thermal conductive alloy. The base alloy for our thermal conductive aluminum is 356, which is not only unique but groundbreaking in the high pressure casting industry," stated Tom Flessner, CEO Thresher Industries. Thresher's high pressure casting machines, coupled with their proprietary processes allow production of this complex part while maintaining a vast cosmetic surface area. The end use for these parts is decorative yet functional, with thermal conductivity being the key element. "We have been able to fulfill the customer's requirement with regard to quality, quantity and time line. This represents the first step in addressing a need for higher thermal conductivity, better surface finishes, while maintaining cost competitiveness in a global economy."
(THRR) STILL DOES NOT REVEAL WHO THIS COMPANY IS!
THE FOLLOWING ARTICLE SAYS THEY ANTICIPATE "BEGINNING" PRODUCTION WHICH "IMO" BELIEVE THEY RECEIVED THE OUTLOOK WEEKS EARLIER.
Thresher Industries Receives Outlook for 2010 - $1.4m From S&P 500 Company9:23a ET February 2, 2010 (PR NewsWire)
Thresher Industries, Inc. (Pink Sheets: THRR), a California-based manufacturer of precision aluminum and advanced metal matrix composite parts, announced today that it has received forecast of purchases for 2010 from an S&P 500 company. Thresher anticipates beginning production for both parts in February. Thresher is estimated to receive between $400,000 and $625,000 in orders for both parts for year 2010 from this S&P 500 company. Thresher has also quoted value added services to these two parts that could raise its revenue another $330,000 to $525,000 for year 2010. Along with these estimates, Thresher anticipates orders for new parts this year that could be as high as $150,000. There is the potential for Thresher to book as much as $1.4m in revenue for year 2010 [b]from this S&P 500 company.
ON FEB 2, THIS WAS GREAT NEWS!! FEB 2ND VOLUME WAS 128 M/ 64M AVE.
POSSIBLE $1.4M IN REV from S&P 500 company?
ISN'T THRRWORTH ABOUT 570K/ OR EVEN LESS? THATS BIG FOR THIS COMPANY ISN'T IT?
AND NOW THE S&P CO. REVEALED WITH GREAT NEWS FOR (THRR)
Thresher Industries Announces Product Launch for S&P 500 Corporation
9:14a ET February 25, 2010 (PR NewsWire)
Thresher Industries (Pink Sheets: THRR) announced today that it has been supplying lighting components to Cooper Industries, Ltd., its previously referred to S&P 500 Conglomerate. These components are being used in a new product line of energy efficient LED light fixtures. "We are very proud to be working with Cooper Lighting, a subsidiary of Cooper Industries, on this program. The parts we supply are highly cosmetic, and function as a heat sink due to our advanced materials and high pressure casting process," said Tom Flessner, President / CEO of Thresher Industries. [b]"Production orders were placed, and deliveries began in Q4 2009, with anticipated follow up orders to come soon to our high pressure casting Hanford facility."
About Cooper Industries
Cooper Industries, Ltd. is a global manufacturer with 2008 revenues of $6.5 billion, approximately 88 percent of which are from electrical products. Founded in 1833, Cooper's sustained level of success is attributable to a constant focus on innovation, evolving business practices while maintaining the highest ethical standards, and meeting customer needs. The Company has eight operating divisions with leading market share positions and world-class products and brands. Cooper, which has manufacturing facilities in 23 countries as of 2008, is incorporated in Bermuda with administrative headquarters in Houston, TX. For more information, visit the web site at www.cooperindustries.com. Cooper Lighting, a subsidiary of Cooper Industries, is the leading provider of innovative, high quality lighting fixtures and related products to worldwide commercial, industrial, retail, residential and utility markets. For more information, visit www.cooperlighting.com.
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HERE IT IS GUYS!!!!!!!!!![/color]
Cooper Lighting Products Recognized in Next Generation Luminaires Solid-State Lighting Design Competition
2:30p ET February 17, 2010 (Business Wire)
Cooper Lighting, a division of Cooper Industries plc (NYSE: CBE) has announced that four of its products have been recognized for excellence by the Next Generation Luminaires(TM) (NGL) Solid-State Lighting Design Competition. Sponsored by the U.S. Department of Energy, the Illuminating Engineering Society of North America, and the International Association of Lighting Designers, the second annual NGL competition was created to recognize and promote excellence in the design of energy-efficient LED commercial lighting luminaires. Cooper Lighting's four awarded products were chosen as winners in four different categories of lighting for both indoor and outdoor environments, showing diversity of the vast company offering of LED products.
The products that have been "recognized," meaning the products are recommended for specification, include Cooper Lighting's Halo Stasis LED track lighting luminaires, the Halo LED 900 recessed downlight series, the Invue LED Entri wall-mount luminaires, and the Streetworks OVH LED Cobrahead roadway luminaire.
"We are extremely honored to have our products recognized for superior design, performance and reliability," says Neil Schrimsher, President, Cooper Lighting. "We invest heavily in product development across all of our portfolio of quality brands and these awards validate our commitment to providing sustainable, energy-efficient LED solutions for our customers."
Earning praise in the accent lighting category, the Halo Stasis LED luminaire is a track-mounted accent fixture, available in two sizes (Small and Medium), three optical distributions (Spot, Narrow Flood and Flood) and two color temperatures (3000K and 4000K). Providing excellent color quality (85 CRI), the Small luminaire consumes only 8 watts with an equivalent intensity of a 50W PAR halogen lamp and the Medium fixture consumes 18 watts, providing the intensity of the 120W PAR halogen or 39W CMH lamp.
Recognized in the recessed downlighting category, the Halo LED 900 series is a new addition to the Halo LED 6" aperture high lumen downlight offering that delivers in the range of 511-945 lumens (depending on the trim and selected color temperature) yielding smooth beam distribution with excellent cutoff. Designed for new construction (with the LED housing Series H750x) or retrofit applications into compatible incandescent housings (using the Edison screw base adapter included), the Halo LED 900 series offers comparable light output and distribution of a 75W PAR30 or PAR38 halogen lamp, or a 26W compact fluorescent luminaire, while consuming less than 15 watts. In addition, the new Halo LED 900 series offers several models that achieve ENERGY STAR(R) qualification.
The Invue Entri LED was recognized in the wall-mount area lighting category. The state-of-the-art LED luminaire features architectural appeal in a compact form. Designers are offered vast versatility in function and performance through downward illumination, upward illumination or a combination of both, in addition to energy saving bi-level switching capabilities and egress solutions using LED battery packs. There is a choice of eight optical distributions and two lumen outputs. Entri's design offers effortless quick-mounting capabilities, toolless access, and sustainable design features that allow field replacement of the LightBAR(TM) and driver system.
Chosen in the street/roadway lighting fixtures category, the OVH LED area luminaire offers a choice of 15 optical patterns and four lumen outputs and is designed for area, walkway, and roadway applications. The 27"L x 13"W x 7"H housing is heavy-duty, die-cast aluminum. The entire LED assembly, individual LightBAR(TM) optical modules, and the driver can be replaced in the field. No tools are required for access. Cooper also offers this product in the Lumark and Streetworks brand portfolios.
Twelve judges independently evaluated 126 products by assessing their lighted performance and appearance, construction, and photometric data with special attention focused on serviceability/replacement issues. Forty-three commercial LED products were chosen as "recognized" winners and four were honored as "best in class." The winning products were announced and awarded at a ceremony at the Strategies in Light conference in Santa Clara, California held on February 11, 2010.[/u]
IT GETS BETTER!!
Cooper Lighting Luminaires Adorn the Vancouver 2010 Olympic Winter Games
11:06a ET February 24, 2010 (Business Wire)
Cooper Lighting, a division of Cooper Industries plc (NYSE: CBE), has announced that the company's lighting fixtures are illuminating key structures at the Vancouver 2010 Olympic Winter Games that officially started on February 12, 2010 in Canada. Thousands of indoor and outdoor lighting products from eight of the company's brands are illuminating the speed skating Richmond Olympic Oval venue, the Olympic Village Vancouver and the Whistler Olympic Athletes' High Performance Centre. In addition, Cooper Lighting luminaires adorn the area's Golden Ears bridge and the public transit Canada Line's Fraser River crossing bridge, and showcases the symbolic Olympic flag located at the Vancouver City Hall. Luminaires are also located in retail outlets and other Vancouver Olympic Committee (VANOC) buildings.
"Cooper Lighting is proud to once again be a part of such a grand event," says Neil Schrimsher, President, Cooper Lighting. "As with the Beijing 2008 Olympic Games, these unique projects demonstrate the breadth of Cooper Lighting's vast product portfolios and the company's ability to address a wide variety of application needs for projects of any size and scope."
Staged in Vancouver and Whistler (and neighboring areas including Richmond), British Columbia, the Cooper Lighting luminaire package includes Invue Slide and Icon decorative site/area exterior fixtures that line the streets of the Olympic Village Vancouver, the "home away from home" for the athletes. Additional exterior products include McGraw-Edison Talon outdoor site lighting fixtures illuminating the Golden Ears bridge, and the Fraiser River bridge features Fail-Safe linear fluorescent vandal resistant products providing safety for the elevated walkway.
Metalux fluorescent commercial fixtures are located in numerous buildings including the sustainable and symbolic speed skating Richmond Olympic Oval. The 355,000 sq. ft. signature facility--a literal and symbolic reflection of local culture--includes Portfolio and PDS recessed downlights throughout and unique RSA custom chandeliers located in the front entrance lobby, as well as the Metalux fixtures. Lumiere architectural outdoor accent and uplighting in-ground luminaires and Invue Vision floodlights illuminate the exterior of the beautiful building, making this venue a memorable staple in the community.
The Whistler Olympic Athletes' High Performance Centre, an epicenter built to serve as a training facility for top athletes before, during and after the Games, contain Cooper's Metalux line of commercial fluorescent fixtures, Halo and PDS recessed downlights, Lumark wall-mount floodlights and Shaper decorative wall sconces.
S&P REITERATES HOLD OPINION ON SHARES OF COOPER INDUSTRIES
(Standard & Poor's)
We are keeping our Q1 EPS estimate of $0.69, despite some negative impact from foreign exchange swings, and our full year '10 forecast of $2.83. These are in line with today's reiterated CBE guidance. Over the next several years, performance in the U.S. should lag relatively, as we see emerging markets becoming more important to the company, as those markets expand more rapidly. We see cash flow and balance sheet strength supportive of acquisitions and other potentially value-adding actions. On a blend of DCF and P/E analyses, we keep our $48 target price.
MAYBE ITS MY NEWBIE UNDERSTANDING, BUT WHY IN THE WORLD WOULD COOPER IND. PAY OUT $1.4 MILLION TO A COMPANY THAT THEY WOULD BE ABLE TO BUY OUT FOR $XXX AND SAVE BIG BUCKS OVER THE LONG RUN?
AGAIN, WHY THE VOLUME GO NUTS ON THE 23RD?
NOTHING WAS RELEASED FOR THE PAST 2 WEEKS!!
