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|03/06/17||Applied Industrial Technologies Acquires Sentinel Fluid Controls|
|CLEVELAND, March 06, 2017 (GLOBE NEWSWIRE) -- Applied Industrial Technologies (NYSE:AIT) today announced it has acquired Sentinel Fluid Controls (“Sentinel”), a distributor of hydraulic and lubrication components, systems and solutions. Terms of the purchase were not disclosed.
“The addition of Sentinel complements and enhances our fluid power market leadership,” said Neil A. Schrimsher, President & Chief Executive Officer for Applied. “Their experience and expert fluid power solutions... || |
|01/26/17||Applied Industrial Technologies Reports Fiscal 2017 Second Quarter Results and Increases Dividend|
|Company Raises Low End of Previous Outlook
CLEVELAND, Jan. 26, 2017 (GLOBE NEWSWIRE) -- Applied Industrial Technologies (NYSE:AIT) today reported second quarter fiscal 2017 sales and earnings for the three months ended December 31, 2016.
Net sales for the quarter were $608.1 million, a decrease of 0.4% compared with $610.3 million in the same quarter a year ago. The overall sales decrease for the quarter is impacted by one less selling day which accounts for a 1.6% decline and unfavorable fo... || |
|01/09/17||Applied Industrial Technologies to Report Second Quarter Earnings and Conduct Investor Teleconference on January 26, 2017|
|CLEVELAND, Jan. 09, 2017 (GLOBE NEWSWIRE) -- Applied Industrial Technologies (NYSE:AIT) today announced plans to release its fiscal 2017 second quarter financial results on Thursday, January 26, 2017, before the market opens. The Company’s fiscal 2017 second quarter ended December 31, 2016.
The quarterly conference call for investors and analysts will begin at 10 a.m. ET on January 26. Neil A. Schrimsher – President & CEO, and Mark O. Eisele – CFO will discuss the Company’s performance. T... || |