Donaldson Issues Fiscal 2009 Form 10-K and Proxy Statement

MINNEAPOLIS--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE: DCI - News), announced today that its Annual Report on Form 10-K and Notice of Annual Meeting and Proxy Statement have been filed with the U.S. Securities and Exchange Commission. Electronic copies of our Form 10-K, our Notice of Annual Meeting and Proxy Statement, and our 2009 Shareholder Letter are available on our website at http://ir.donaldson.com/shareholder_meeting.html. Shareholders may request free email or paper copies of these documents through one of the following methods: 1. By internet: www.proxyvote.com3. By email*: ...
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DONALDSON CO INC Financials

PERIOD ENDING31-Jul-0930-Apr-0931-Jan-0931-Oct-08Total Revenue421,321  413,447  460,601  573,260  Cost of Revenue283,112  282,665  326,589  386,557  Gross Profit138,209  130,782  134,012  186,703  Operating ExpensesResearch Development40,643   -   -   -  Selling General and Administrative62,804  93,123  106,165  117,016  Non Recurring -   -   -   -  Others -   -   -   -  Total Operating Expenses -   -   -   -  Operating Income or Loss34,762  37,659  27,847  69,687  Income from Continuing OperationsTotal Other Income/Expenses Net1,022  1,788  2,574  3,104  Earnings Before Interest And Taxes35,784  39,447  30,421  72,791  Interest Expense3,933  4,067  4,728  4,290  Income Before Tax31,851  35,380  25,693  68,501  Income Tax Expense8,297  8,782  (8,100)20,539  Minority Interest -   -   -   -  Net Income From Continuing Ops23,554  26,598  33,793  47,962  Non-recurring EventsDiscontinued Operations -   -   -   -  Extraordinary Items -   - ...
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Donaldson CEO Cook made $1.52M in ’09

Donaldson Co. Inc. CEO William Cook received $1.52 million in total compensation during fiscal 2009, down from nearly $4.4 million the prior year, according to a filing with the U.S. Securities and Exchange Commission. The top executive at the Bloomington-based filtration systems company received a salary of $700,000 in 2009, flat compared to 2008. However, his nonequity compensation pay fell to $60,828 in 2009, down from nearly $1.1 million in the prior year. The amount of nonequity compensation pay granted to an executive is based on the company’s performance. The value of stock awards granted to Cook also fell sharply. Donaldson recognized an expense reversal of $891,000 with respect to Cook’s stock awards, compared to an expense of $1.2 million a year ago. For the 2009 fiscal year, Donaldson (NYSE: DCI) reported a profit of $131.9 million, or $1.67 per share, down from $172 million, or $2.12 million the previous year. Sales were nearly $1.9 billion, down from $2.2 billion the previous year. Donaldson’s stock dropped 14.6 percent during fiscal 2009. During the same time period, Standard & Poor’s Index of Industrial Machinery Companies was down 23.2 percent, and the S&P 500, itself, declined 20 percent. Donaldson plans to hold its annual shareholders meeting at the firm’s Campus West, 2001 W. 94th St., Bloomington, on Friday, November 20, beginning at 1 p.m. Measuring compensation The Minneapolis/St. Paul Business Journal’s methodology uses the total figures found in the proxy’s Summary Table, because they represent the accounting charge — the impact on earnings — for that fiscal year. Others, including the Associated Press, use the Grant of Plan-Based Awards Table to crunch numbers that best represent what the board of directo...
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Shares of Donaldson rise on analyst upgrades

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Lifetime Fitness names two to board

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Donaldson Company Announces First-Quarter Fiscal 2010 Conference Call and Webcast

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Donaldson to Present at Robert W. Baird Industrial Conference

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Coverage initiated on Donaldson by Jefferies & Co

DateResearch FirmActionFromTo17-Nov-09Jefferies & CoInitiatedBuy15-Oct-09Credit SuisseUpgradeUnderperformOutperform27-Apr-09BB&T Capital MktsDowngradeBuyHold5-Mar-09KeyBanc Capital MktsUpgradeUnderweightHold14-Nov-08KeyBanc Capital MktsDowngradeHoldUnderweight3-Jul-08Friedman BillingsInitiatedMkt Perform4-Mar-08BB&T Capital MktsInitiatedBuy23-Jul-07Bear StearnsUpgradePeer PerformOutperform31-May-07BMO Capital MarketsUpgradeUnderperformMarket Perform23-Feb-07BB&T Capital MktsUpgradeUnderweightHold29-Nov-06Robert W. BairdUpgradeUnderperformNeutral9-Oct-06Matrix ResearchUpgradeSellHold7-Sep-06Robert W. BairdDowngradeNeutralUnderperform31-Aug-06BB&T Capital MktsDowngradeHoldUnderweight7-Apr-06LongbowInitiatedNeutral27-Sep-05KeyBanc Capital Mkts / McDonaldInitiatedHold15-Sep-05Harris NesbittInitiatedNeutral1-Dec-04Robert W. BairdDowngradeOutperformNeutral27-May-04Thomas WeiselDowngradeOutperformPeer Perform27-Feb-04Robert W. BairdUpgradeNeutralOutperform27-Feb-04William BlairUpgradeMkt PerformOutperform13-Feb-04William BlairDowngradeOutperformMkt Perform28-Aug-03Robert W. BairdDowngradeOutperformNeutral12-Aug-03William BlairInitiatedOutperform28-Feb-03Robert W. BairdUpgradeNeutralOutperform22-Aug-02Thomas WeiselUpgradeAttractiveBuy17-Jun-02HC WainwrightInitiatedNeutral30-May-02Robert W. BairdDowngrade...
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