penniesfromheaven1
14 년 전
Teledyne Technologies to Present at the Needham Growth Conference on January 11
Teledyne (NYSE:TDY)
Intraday Stock Chart
Today : Monday 10 January 2011
Teledyne Technologies Incorporated (NYSE:TDY) today announced that Jason VanWees, vice president, corporate development and investor relations, will make a presentation at the 13th Annual Needham Growth Conference on Tuesday, January 11, at 8:00 a.m. (Eastern) at The New York Palace Hotel in New York City.
A live webcast of Teledyne Technologies’ conference presentation may be accessed via the company’s website at www.teledyne.com. In addition, Teledyne Technologies’ latest investor presentation will be publicly available on the company’s website.
Teledyne Technologies is a leading provider of sophisticated electronic subsystems, instrumentation and communication products, engineered systems, aerospace engines, and energy and power generation systems. Teledyne Technologies’ operations are primarily located in the United States, the United Kingdom and Mexico. For more information, visit Teledyne Technologies’ website at www.teledyne.com.
Teledyne’s investor relations presentation contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995, relating to earnings, growth opportunities, product sales, pension matters, stock option compensation expense, interest expense, credit facility renewal, American Centrifuge Plant remobilization, and strategic plans. All statements made in the investor presentation that are not historical in nature should be considered forward-looking. Actual results could differ materially from these forward-looking statements. Many factors could change the anticipated results: including continuing disruptions in the global economy; insurance and credit markets; changes in demand for products sold to the defense electronics, instrumentation and energy exploration and production, commercial aviation, semiconductor and communications markets; funding, continuation and award of government programs; continued liquidity of the company’s suppliers and customers (including commercial aviation customers); availability of credit to the company’s suppliers and customers; and a potential decrease in offshore oil production and exploration activity due to April 2010 oil spill in the Gulf of Mexico. Increasing fuel costs could negatively affect the markets of the company’s commercial aviation businesses. Lower oil and natural gas prices could negatively affect the company’s business units that supply the oil and gas industry. In addition, financial market fluctuations affect the value of the company’s pension assets. The forward-looking information may also include statements about the expected effects on Teledyne of the pending Continental Motors and DALSA transactions, the anticipated timing and scope of the transactions, expected timing of the completion of the transactions, anticipated earnings enhancements, estimated cost savings and other synergies, costs to be incurred in achieving synergies, anticipated capital expenditures, other strategic options and all other statements other than historical facts. Many factors could change anticipated results, including unanticipated issues associated with the satisfaction of the conditions to the transactions, issues associated with obtaining necessary regulatory approvals and the terms and conditions of such approvals, Teledyne’s ability to integrate the acquired operations, retain customers and achieve operating synergies, the ability to develop and market new products, failure of the requisite number of DALSA shareholders to approve the transaction, operating results of DALSA being lower than anticipated, and unexpected acquisition and divestiture-related costs and expenses.
Global responses to terrorism and other perceived threats increase uncertainties associated with forward-looking statements about the company’s businesses. Various responses to terrorism and perceived threats could realign government programs, and affect the composition, funding or timing of the company’s programs. Changes in the policies of U.S. and foreign governments could result, over time, in reductions and realignment in defense or other government spending and further changes in programs in which the company participates, including anticipated reductions in the company’s missile defense engineering services, as well as certain NASA programs.
The company continues to take action to assure compliance with the internal controls, disclosure controls and other requirements of the Sarbanes-Oxley Act of 2002. While the company believes its control systems are effective, there are inherent limitations in all control systems, and misstatements due to error or fraud may occur and not be detected.
Teledyne Technologies’ growth strategy includes possible acquisitions. The company cannot provide any assurance as to when, if or on what terms any other acquisitions will be made. Acquisitions involve various inherent risks, such as, among others, the company’s ability to integrate acquired businesses and retain customers and to achieve identified financial and operating synergies. There are additional risks associated with acquiring, owning and operating businesses outside of the United States, including those arising from U.S. and foreign government policy changes or actions and exchange rate fluctuations.
Additional information concerning factors that could cause actual results to differ materially from those projected in the forward-looking statements is contained in Teledyne Technologies’ periodic filings with the Securities and Exchange Commission, including its 2009 Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. The company assumes no duty to update forward-looking statements.
Doubledown22
15 년 전
Wow...this has had a very nice December eond of year run from 33ish level... Motley Fool has alerted its readers to this stock.
"A High-Tech Government Fortress
It's not every day you find a company whose portfolio comprises a motley assortment of gadgets including:
Tools to locate gas and oil reserves beneath the ocean floor.
Devices to monitor air pollutants emitted from industrial stacks.
Mechanisms to detect defects in plastic, metal, and glass food containers.
Helmet-mounted systems used in F-15, F-16, and F-18 aircraft, allowing a pilot to designate a target simply by looking at it.
Imagine if you were a potential customer -- these aren't products you'd buy from just any company...
You'd demand a long track record of success, decades' worth of experience, and plenty of knowledge of the relevant rules and regulations.
And that's exactly what makes this company so attractive...
Founded in 1960 by a man whom Warren Buffett considers one of the world's best capital allocators, this company quickly developed a reputation as a high-quality technological powerhouse.
As a result, it's won contracts left and right from the U.S. government -- with the Department of Defense being the biggest client. It's built all sorts of gadgets for the Army, the Navy, and the Air Force -- even NASA's Hubble Space Telescope.
The federal government was responsible for over 40% of its nearly $2 billion in sales over the past year.
It's no household name, but Teledyne Technologies [NYSE: TDY] has the potential to hand investors attractive returns.
Especially now that the company is focusing on gaining more governmental contracts -- business that comes with extremely high barriers to entry, keeping potential competitors far away.
The best part is... the market has hammered down shares of this technological titan...
We believe that the stock is worth about $45.
The stock is currently sitting at $35, so you can get in while it's cheap... with a nice margin of safety."
Well they have it right so far with a $4 gain in just a couple of weeks since their alert.
DD22