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Actuant 4Q falls just short of analysts' consensus; firm buying back more stock

2014-10-02 21:07:12| Industrial Machines - Topix.net

Actuant Corp. said Thursday that earnings from continuing operations remained largely flat in the company's fiscal fourth quarter on a modest increase in sales. Actuant , a Menomonee Falls-based manufacturer of branded tools and position and motion control equipment, reported net income from continuing operations of $32.8 million, or 47 cents per share, for the three months ended Aug. 31, compared with $34.5 million, or 46 cents per share, for the same period a year ago.

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