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Franklin Electric Co. reported second quarter 2014 adjusted earnings per share (EPS) of $0.60 compared to 2013 second quarter adjusted EPS of $0.59, a 2 percent increase. In the second quarter of 2014, the Company’s GAAP fully diluted EPS was $0.55 which was down 5 percent to the GAAP fully diluted EPS from the second quarter of 2013.

The picture changes day by day in the oil and gas industry. Some recent developments promise to alter many of the forecasts. These new developments have been incorporated into the latest forecasts in McIlvaine Oil, Gas, Shale and Refining Markets and Projects.

Flowserve Corporation announced its financial results for the 2014 second quarter. In addition, Flowserve also today filed its Form 10-Q with the Securities and Exchange Commission for the period ended June 30, 2014.

ABB reported strong order growth, stable revenues and a significant increase in cash from operations for the second quarter of 2014. The lower operational EBITDA margin mainly reflects ongoing project-related challenges in the Power Systems (PS) division.

CP is improving its organisation by integrating the Marketing department into the Sales department and renaming it Marketing & Sales from 1 July 2014. Heinz Mathys (60) is heading the department and joining the Management Team.

Order intake decreased by 3.7% on an adjusted basis. Adjusted sales increased by 1.2% and profitability for the divisions increased too. Sulzer confirms its guidance for the full year on an adjusted basis and anticipates a stronger second half of 2014.

Sales of macrofiltration equipment and consumables will reach nearly $6.6 billion in 2015. The granular media segment will generate revenues of $1.7 billion or 26 percent of the total, this is the conclusion reached by the McIlvaine Company in Liquid Filtration and Media World Markets.

Colfax Corporation announced that Darryl Mayhorn has been named Senior Vice President of Colfax and President and CEO Colfax Fluid Handling effective July 21, 2014, reporting to Steve Simms, President and CEO of Colfax. As President and CEO of Colfax Fluid Handling, Darryl will be responsible for leading the strategic direction and daily management of the business.

SPX Flow Power & Energy ClydeUnion Pumps’ (CUP) manufacturing facilities in Glasgow and Annecy have been awarded “A” Grade supplier designation by China Nuclear Power Engineering Company (CNPEC) in recognition of their high quality design, manufacturing, service and support.

Edwards, together with its distributor in Russia, Intech Analytics JSC is proud to announce that the GXS dry screw vacuum pump won the Product Innovation Award at Vacuum TechExpo 2014 in Moscow.