Quarterly Results Announcements, Strategic Acquisitions, Stable Dividends, and New Manufacturing Locations - Research Report on Stanley Black & Decker, Timken, MRC, Kennametal and Proto Labs

NEW YORK, August 22, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Analysts' Corner announced new research reports highlighting Stanley Black & Decker, Inc. (NYSE: SWK), Timken Co. (NYSE: TKR), MRC Global Inc. (NYSE: MRC), Kennametal Inc. (NYSE: KMT) and Proto Labs, Inc. (NYSE: PRLB). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Stanley Black & Decker, Inc. Research Report

On July 26, 2013, Stanley Black & Decker, Inc. (Stanley Black & Decker) released its Q2 FY 2013 (period ended June 29, 2013) financial results. The Company reported total revenue of $2.9 billion, up 11.8% YoY. Net earnings attributable to common shareowners came in higher at $187.1 million or $1.18 per diluted share, compared with $154.8 million or $0.92 per diluted share in Q2 FY 2012. Stanley Black & Decker's Chairman and CEO, John F. Lundgren, commented, "During the quarter we achieved strong organic growth particularly within CDIY and Industrial, bolstered by excellent growth across the emerging markets. We are also encouraged by positive second quarter Security order trends experienced in both North America and Europe which bode well for our second half Security performance." The Company reiterated its full-year FY 2013 guidance with GAAP EPS in the range of $4.46 to $4.71. The Full Research Report on Stanley Black & Decker, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/f855_SWK]

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Timken Co. Research Report

On August 6, 2013, The Timken Company's (Timken) Board of Directors declared a quarterly cash dividend of $0.23 per share. The Company informed that the dividend will be payable on September 4, 2013 to shareholders of record as of August 20, 2013. Timken also stated that the dividend marks the Company's 365th consecutive quarterly dividend paid on the common stock of the Company since 1922, representing one of the longest running dividend records among NYSE-listed companies. The Full Research Report on Timken Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/6d57_TKR]

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MRC Global Inc. Research Report

On August 1, 2013, MRC Global, Inc. (MRC) released its Q2 2013 financial results. MRC reported sales of $1.3 billion, down 11.4% YoY due to a planned reduction in the Company's lower margin oil country tubular goods (OCTG) business. Adjusted EBITDA came in at $98.9 million, compared to $123.6 million in Q2 2012. Net income for the quarter grew to $43.9 million, or $0.43 per diluted share, compared to net income of $31.3 million, or $0.32 per diluted share in Q2 2012. Andrew R. Lane, MRC's Chairman, President and CEO, stated, "While our revenues reflect reduced upstream and midstream customer spending, primarily in the U.S., our efforts to improve operating margins and our fourth quarter 2012 debt refinancing actions to lower our interest costs are resulting in net income and earnings per share improvements. In addition, we are executing on our growth strategy through the previously announced acquisition of Flow Control Products in the Permian Basin and the announcement and implementation of new contracts with NiSource and Celanese during the quarter." The Company anticipates full year 2013 revenue to be in the range of $5.1 billion to $5.3 billion, adjusted EBITDA in the range of $385 million to $415 million, and diluted EPS between $1.65 and $1.85. The Full Research Report on MRC Global Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/0aba_MRC]

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Kennametal Inc. Research Report

On August 1, 2013, Kennametal Inc. (Kennametal) announced that the acquisition of the operating assets of Comercializadora Emura S.R.L (Emura) and certain related entities, based in La Paz, Bolivia has been completed. As per the Company, Emura is the region's principal operation engaged in collection, testing, processing and exporting tungsten ore material and is a long-standing supplier to Kennametal. The Company claims that the addition of Emura enhances its strategic tungsten sourcing capabilities to serve growth globally. The Full Research Report on Kennametal Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/7f13_KMT]

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Proto Labs, Inc. Research Report

On August 15, 2013, Proto Labs, Inc. (Proto Labs) announced that it has purchased the Plymouth Industrial Building at 2600 Niagara Lane, Plymouth, MN. According to Proto Labs, the new manufacturing locations will add additional manufacturing space to accommodate the Company's growing Protomold service. "Proto Labs new Plymouth building will be our fifth building at three different locations in the Twin Cities area," said President and CEO Brad Cleveland. "Proto Labs multi-million dollar investment in acquiring and rehabilitating this property in Plymouth will help facilitate the continued successful growth of our business." The Company expects the building to be operational in the spring of 2014. The Full Research Report on Proto Labs, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/6ece_PRLB]

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