Mueller Water Products jumps after FQ3 results

Mueller Water Products (MWA +3.7%) rises after the company's quarterly profit meets Street expectations.

Net sales growth for FQ3 comes in at 8.5%, while operating income jumps 25.4%.

Free cash flow, which was negative in Q2 2012, is $37.7M.

CEO Gregory Hyland says FQ3 was "the best overall quarter in the past five years." (PR)

Janney Montgomery reportedly upgrades the shares to Buy from Neutral.

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