Fox Business - The Power to Prosper
Search Site

Wednesday, April 7, 2010 as of 11:14 AM ET

Parker Hannifin

Parker Hannifin Corporation (), originally Parker Appliance Company, usually referred to as just Parker, of Mayfield Heights, Ohio (with a Cleveland mailing address), is a corporation specializing in motion and control technologies.

Read More at Wikipedia
Caterpillar, National-Oilwell Varco Among Stocks Down on Above-average Volume Wednesday

Today, these stocks are down on high volume:Trading at a volume of 15.

8 million, or 2.7 its average daily volume, Caterpillar (NYSE:CAT) was down on high volume today. Shares were down 4.6% to $103.44. Shares are down over the last two months as the price has dropped $12.19 (-10.5%) from a price of $115.63 on February 27, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 2.1% above the mark.National-Oilwell Varco (NYSE:NOV) was trading down on above-average volume with 7.1 million shares moving, or 2.3 its average daily volume. Shares dropped 1.5% to $76.83. The stock has been sinking in the last two months, down $8.40 (-9.9%) from a price of $85.23 on February 27, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 2.9% above the mark.Lorillard (NYSE:LO) experienced a price drop on above-average volume today, with 2.6 million shares, or 2.7 its average daily volume, changing hands. Shares fell 3.9% to $129.53. Share...

Read More

  1. Climbing Demand Helps Double Parker Hannifin 2Q Profit

    Fueled by strong global demand for its industrial products, Parker Hannifin (NYSE:PH) reported on Thursday a 120.9% improvement in second-quarter profit, however its...

  2. 65 Companies Citi's Levkovich Says Show Him Emerging Markets Might Be Overdone

    November 29, 2010 04:25 PM UTC by Liz Claman65 Companies Citi's Levkovich Says Show Him Emerging Markets Might Be OverdoneCitigroup’s Investment Research Chief U.S. ...

  3. Parker -Hannifin 3Q Profit Triples on Demand

    Helped by across-the-board increases in demand, Parker-Hannifin (NYSE:PH) closed higher Tuesday after reporting that third-quarter profit tripled.The Cleveland compa...

  4. Parker profit beats, but 2011 outlook is soft

    NEW YORK (Reuters) - Parker-Hannifin Corp reported a higher-than-expected quarterly profit Tuesday as sales to industrial customers rebounded, but issued a 2011 fore...

  5. Parker Hannifin 4Q Earnings Up on Higher Orders

    Parker Hannifin (NYSE:PH) reported stronger-than expected fourth-quarter earnings Tuesday, driven primarily by a hike in orders across a majority of its business seg...

  6. Parker Hannifin Beats 2Q Expectations

    Hydraulic equipment maker Parker Hannifin's (PH) fiscal second quarter earnings dropped sharply, but the company still outperformed analysts' estimates.The company a...

  7. The State of American Financials

    Busy earnings week for the banking sector.

  1. 3M And Industrial Makers Gain On Outlooks

    3M , Parker-Hannifin and other makers of industrial parts sounded optimistic about their businesses Tuesday, helping to ease investor concerns about the health of th...

  2. Power Mover: The Final Four Edition

    FBN’s Liz Claman on the stocks of companies located in Kansas, Kentucky and Ohio.

  3. Parker Hannifin 2Q Sales Meet Street

    Led by growth in its industrial North America business, Parker Hannifin (NYSE:PH) revealed a stronger second-quarter profit and sales that matched Wall Street expect...

  4. United Rental Profits Off Economic Shift

    Michael Kneeland, United Rentals CEO & President, on how his business has been able to thrive in a changing economic climate that is leaning toward rentals.

  5. Industrials could signal slower growth ahead

    By Nick ZieminskiNEW YORK (Reuters) - U.S. manufacturers are entering an period where growth is more muted, profit margins are harder to raise and earnings beats are...

  6. Wirtz: Seize the Summer Market

    Keith Wirtz, FTAM SVP and CIO, on current geopolitical issues and their impact on the market and his predictions for the summer.

  7. Outlook for Markets

    Fifth Third Asset Management President Keith Wirtz weighs in on the future of the markets.

Freebase CC-BY
Source: Parker Hannifin on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL