Honeywell International Evaluates Targets and 3 Stocks Hitting 52-Week Highs
Carlisle Companies Incorporated (NYSE:CSL): Closing price $67.38
Carlisle has posted fourth quarter revenue at $845.3 million, against a consensus of $826.6 million. Income was positively impacted by organic sales growth, savings from the Carlisle Operating System and operational improvements, particularly at Transportation Products. Negatively impacting fourth quarter results were 8 cents per diluted share of after-tax charges for pension settlement and business development expense incurred at Corporate. The effective tax rate of 32 percent in the fourth quarter compared to a rate of 16 percent year-over-year from 2011, which had been favorably impacted by tax benefits from excess foreign tax credits resulting from restructuring. Shares closed up 3.95 percent on the day at $67.38, and have traded in a 52-week range of $46.69 to $65.64.