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Earnings Preview For Nov 3 - 7 - Earnings Preview

Sat, 01 Nov 2008 01:58:00 GMT

Companies that could issue positive surprises include Becton, Dickinson and Company (BDX), SucessFactors (SFSF) and Sunoco (SUN). Penn Virginia Corporation (PVA) could potentially disappoint investors. The Week's Events November has historically been one of the best months for the major markets, according to the[More...]

Hardinge Inc: Warren Buffett would Love this Company

Tue, 29 Jul 2008 18:58:00 GMT

Remember a time when jobs flocked overseas and everything we bought was from China, India, South America, or Japan? Well folks, you’re about to see a reversal of that. In fact, we’re already seeing signs of it. Why? It’s simple: the value of the American[More...]

ALLOVER THE BOARD

Thu, 08 Nov 2007 16:00:13 GMT

Markets have ticked lower after a higher open on the heels of some unfriendly news out of the Big Ben chronicles going on as I type. I am however expecting a move higher in the markets after this initial probe lower.[More...]

NOON SWOON?

Fri, 26 Oct 2007 16:27:16 GMT

Break In- Larry Kudlow with an exclusive interview of Vice President Dick Cheney- VP reiterates all the same positions (keep taxes and spending low, spend spend spend on defense and watch out Iran) he has had for the last seven years oh and sees no chance of a recession in the...[More...]

NOON LOOK - Oct 17 2007 3:11PM

Wed, 17 Oct 2007 19:05:50 GMT

The early turnaround continues as the DJIA has flipped to red while the NAZ is the place to be up 23. Growth also outpacing value as growth is up about half a percent while value is red. Oil was also a big story hitting near $89 a barrel before turning south.Key stocks about 28 up and 12 down with NVDA INTC JPM RIMM KLAC CROX the winners while...[More...]

MOVING UP

Wed, 10 Oct 2007 22:27:52 GMT

The DJIA is lagging the other indexes as a big chunk of the DOW, BA, has run into a little problem with its Dreamliner plane. BA is down over 3% and is hitting the DJIA by about 25 points. Other DJIA losers include AA AIG HON CAT UTX JPM C GM DD AXP and HD.[More...]

BULLISH MARKETS

Tue, 18 Sep 2007 21:45:03 GMT

Markets seemed to like the the 50bps cut by our Big guy Ben as the DJIA gained 336, NAZ +70 and SPX +43. The RUT 2K was up the most of the major indexes, almost 4%, and is now in the green for 2007. We are also about 300 points from the old highs on the DJIA and 35 away from the all time highs on the SPX. Glad I stayed with the bullish bent and bought stocks/etfs/funds on some of the ugly down days. Always thought that...[More...]

NASDAQ Technical Picture - Trendline Breach - Bullish Bias Intact

Sun, 26 Aug 2007 06:13:35 GMT

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Hardinge Inc. Announces Second Quarter 2009 Results ; Company Announces Strategic Change to North American Manufacturing Operations; Summary of Results Through June 30, 2009:; - Six-Month Cash Flow From Operations of $16.6 Million, Compared to $4.3 Million in 2008; - Sales for the Quarter Were $55.3 Million, Down 43% Compared to 2008; - Orders for the Quarter Were $44.6 Million, Down 59% Compared to 2008; - The Company Was in a Positive Net Cash Position With Consolidated Cash of $16.5 Million, and Total Debt of $12.2 Million

Thu, 06 Aug 2009 15:54:00 GMT

ELMIRA, N.Y., Aug. 6 /PRNewswire-FirstCall/ --
Hardinge Inc. (Nasdaq: HDNG), a leading international provider of advanced metal-cutting solutions, today reported net sales of $55.3 million for the quarter and $107.4 million for the six months ended June 30, 2009, down from $96.6 million and $182.2 million, respectively, during 2008.
Orders for the three and six months ended June 30, 2009 were $44.6 million and $77.4 million, respectively, a decrease of__ 59% compared to the prior year quarter, and a decrease of 62% compared to the six months ended June 30, 2008.

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Hardinge Inc. Announces Second Quarter 2009 Results

Thu, 06 Aug 2009 12:10:00 GMT

Hardinge Inc. Announces Second Quarter 2009 Results[More...]

Hardinge Inc. Announces 2009 Second Quarter Earnings Conference Call

Wed, 29 Jul 2009 14:39:00 GMT

Hardinge Inc. invites you to participate in a conference call to discuss its financial and operating performance for the quarter ended June 30, 2009.[More...]

Hardinge Announces Additional Workforce Reductions

Tue, 21 Jul 2009 13:55:00 GMT

ELMIRA, N.Y., July 21 /PRNewswire-FirstCall/ -- Hardinge Inc. (Nasdaq: HDNG), a leading international provider of advanced metal- cutting solutions, today announced it was further reducing its North American workforce by approximately 50 employees in response to continued weakness in demand for capital goods due to global economic conditions.
This current workforce reduction represents approximately 10% of the Company's North America based employment, which is now almost 40% below mid-year 2008.
"Today's action is very difficult, but necessary given the current business conditions," said Richard L. Simons, President and Chief Executive Office.

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Hardinge Inc. Announces Results for First Quarter 2009

Thu, 07 May 2009 13:48:00 GMT

Summary of First Quarter Performance:
ELMIRA, N.Y., May 7 /PRNewswire-FirstCall/ -- Hardinge Inc. (Nasdaq: HDNG), a leading international provider of advanced metal- cutting solutions, today reported net sales of $52.1 million and a net loss of ($5.4) million for the first quarter of 2009.
Excluding one-time costs which include a voluntary early retirement program, severance costs related to staffing reductions, and recognition of unamortized expenses associated with the early termination of the company's revolving credit facility, the net loss would have been ($2.9) million, or a net loss per share of ($0.25).

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Hardinge Implements Additional Cost Reduction Initiatives

Fri, 01 May 2009 20:52:00 GMT

approximately 80 employees in its Elmira, NY manufacturing machine
This represents roughly 20% of the Elmira based workforce.
Company believes that current customer demand can be satisfied from

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Hardinge Inc. Announces 2009 First Quarter Earnings Conference Call

Wed, 29 Apr 2009 14:50:00 GMT

Hardinge Inc. invites you to participate in a conference call to discuss its financial and operating performance for the quarter ended March 31, 2009.[More...]

Hardinge Inc. Obtains New Bank Financing Arrangement - Mar 23 2009 12:55PM

Mon, 23 Mar 2009 16:50:00 GMT

Company Announces Additional Cost Cutting Actions
ELMIRA, N.Y., March 23 /PRNewswire-FirstCall/ -- Hardinge Inc. (Nasdaq: HDNG), a leading global provider of advanced metal-cutting solutions, announced that on March 16, 2009, the Company entered into a new financing arrangement with Manufacturers and Traders Trust Company ("M&T").
Proceeds from the term loan were used to repay approximately $8 million of Company indebtedness under a secured credit facility entered into in June 2008.

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