IN FOCUS

Franklin Electric Co. reported third quarter 2014 adjusted earnings per share (EPS) of $0.50 compared to 2013 third quarter adjusted EPS of $0.50, flat to last year. In the third quarter of 2014, the Company s GAAP fully diluted EPS was $0.46, which was down 10 percent to the GAAP fully diluted EPS from the third quarter of 2013.

HMS Group releases its order intake for the third quarter and the nine months of 2014.

Gas-to-liquids plants can cost up to $15 billion. Coal-to-liquids plants cost even more. Investments in these plants is highly dependent on the perceived demand. This factor, in turn, is a function of attractiveness of alternatives such as wind, solar, electrical energy storage, tar sands, coal bed methane, underground coal gasification, shale gas, shale oil, oil shale, small modular nuclear, small scale LNG, advanced coal-fired power plants, etc.

Parker Hannifin Corporation reported results for the fiscal 2015 first quarter ended September 30, 2014. Fiscal 2015 first quarter sales were $3.27 billion, a first quarter record, compared with $3.23 billion in the prior year quarter. Net income was $280.2 million, a 15 percent increase compared with $244.3 million in the first quarter of fiscal 2014.

Crane Co. reported third quarter 2014 earnings of $0.47 per diluted share, compared to $0.97 per share in the third quarter of 2013. Third quarter 2014 results included Special Items of $38.7 million in after-tax charges, or $0.65 per share. Third quarter 2013 results included Special Items of $4.1 million in after-tax charges, or $0.07 per share.

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

The Gorman-Rupp Company reports financial results for the third quarter and nine months ended September 30, 2014.

ABB’s focus on profitable organic growth and the related strategic initiatives resulted in a strong order increase across all regions in the third quarter.

Double-digit annual growth will result in an ultrapure water system and consumables market in Asia which will exceed $3 billion /yr by 2016. This is the prediction in Ultrapure Water: World Market published by the McIlvaine Company.

Pentair announced third quarter 2014 sales of $1.8 billion. Sales were up 3 percent compared to sales for the same period last year. Third quarter 2014 earnings per diluted share from continuing operations (“EPS”) were $1.00, up 22 percent from adjusted EPS of $0.82 in the third quarter of last year.