Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
REXNORD (US), a company active in the Diversified Industrials industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 3 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date May 11, 2021, the closing price was U...
Small-Caps Testing Critical Resistance; Downgrading Communications As bullish developments pile up, the weight-of-the-evidence continues to support our belief that we may be in the early stages of a broad-based advance. There are some developments that leave us wanting more, but we are inching toward an outright bullish outlook. • The Failure of a Bearish Pattern is Bullish. We often know the implied direction (up or down) that a specific chart pattern is likely to resolve based on historica...
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
MILWAUKEE--(BUSINESS WIRE)-- Rexnord Corporation (NYSE:RXN): Fourth Quarter Highlights Net sales were $575 million and up 14% year over year (+7% core sales(1), +4% acquisitions, +3% foreign currency translation). Net loss(2) was $68 million, including a $111 million goodwill impairment charge related to the anticipated divestiture of our VAG operations, (diluted loss per share of $0.65), compared with net income of $22 million (diluted EPS of $0.21) in the year-ago quarter. ...
MILWAUKEE--(BUSINESS WIRE)-- Rexnord Corporation (NYSE: RXN) will hold a conference call and webcast presentation on Tuesday, May 15, 2018 at 7:00 a.m. Central Time to discuss its fourth quarter fiscal year 2018 financial results, provide a general business update and respond to investor questions. Rexnord President and CEO Todd Adams and Senior Vice President and CFO Mark Peterson will co-host the call and webcast. The Rexnord Corporation financial report for the fourth quarter ended March 31, 2018 will be released after mar...
MILWAUKEE--(BUSINESS WIRE)-- Rexnord Corporation (NYSE:RXN) announced today that its Board of Directors declared a quarterly dividend to holders of the 5.75% Series A Mandatory Convertible Preferred Stock of $14.375 per share (which dividend corresponds to $0.71875 per depositary share), payable on May 15, 2018 to stockholders of record as of May 1, 2018. About Rexnord Headquartered in Milwaukee, Wisconsin, Rexnord is comprised of two strategic platforms, Process & Motion Control and Water Management, with app...
MILWAUKEE--(BUSINESS WIRE)-- Rexnord Corporation (NYSE: RXN) today announced that it will participate in the Gabelli & Company Pump, Valve, & Water Systems Symposium at the Lotte New York Palace Hotel in New York, NY on February 22, 2018. About Rexnord Headquartered in Milwaukee, Wisconsin, Rexnord is comprised of two strategic platforms, Process & Motion Control and Water Management, with approximately 8,000 employees worldwide. The Process & Motion Control platform designs, manufactures, markets and services specif...
MILWAUKEE--(BUSINESS WIRE)-- Rexnord Corporation (NYSE: RXN) today announced that it will participate in the Barclays Industrial Select Conference at the Loews Miami Beach Hotel in Miami Beach, FL on February 21, 2018. About Rexnord Headquartered in Milwaukee, Wisconsin, Rexnord is comprised of two strategic platforms, Process & Motion Control and Water Management, with approximately 8,000 employees worldwide. The Process & Motion Control platform designs, manufactures, markets and services specified, highly-e...
MILWAUKEE--(BUSINESS WIRE)-- Rexnord Corporation (NYSE: RXN) announced today that it successfully closed on the previously announced acquisition of Centa Power Transmission (Centa Antriebe Kirschey GmbH). Centa is a producer of highly-engineered flexible couplings and shaft lines for industrial and marine applications, for power generation and rail applications. Centa’s couplings are primarily used for diesel-driven applications where the couplings dampen the torsional vibrations of the engine. Headquartered in Haan, Germany,...
MILWAUKEE--(BUSINESS WIRE)-- Rexnord Corporation (NYSE:RXN) Third Quarter Highlights Net sales were $492 million and up 9% year over year (+6% core sales(1), +1% acquisition, +2% foreign currency translation). Net income(2) was $76 million (diluted EPS of $0.67), including a $55 million nonrecurring tax benefit from U.S. tax reform and compared with $2 million (diluted EPS of $0.02) in the year-ago quarter. Adjusted EPS(1) was $0.37, compared with $0.25 in the ...
MILWAUKEE--(BUSINESS WIRE)-- Rexnord Corporation (NYSE: RXN) will hold a conference call and webcast presentation on Thursday, February 1, 2018 at 7:00 a.m. Central Time to discuss its third quarter fiscal year 2018 financial results, provide a general business update and respond to investor questions. Rexnord President and CEO Todd Adams and Senior Vice President and CFO Mark Peterson will co-host the call and webcast. The Rexnord Corporation financial report for the third quarter ended December 31, 2017 will be released aft...
MILWAUKEE--(BUSINESS WIRE)-- Rexnord Corporation (NYSE: RXN) announced today that it has entered into a definitive agreement to acquire Centa Power Transmission (Centa Antriebe Kirschey GmbH), a leading manufacturer of premium flexible couplings and drive shafts for industrial, marine, rail and power generation applications. Subject to customary closing conditions, the transaction is expected to close by the end of February. “Centa is a business that we have long thought would be an outstanding fit with Rexnord and we are ver...
MILWAUKEE--(BUSINESS WIRE)-- Rexnord Corporation (NYSE:RXN) announced today that its Board of Directors declared a quarterly dividend to holders of the 5.75% Series A Mandatory Convertible Preferred Stock of $14.375 per share (which dividend corresponds to $0.71875 per depositary share), payable on February 15, 2018 to stockholders of record as of February 1, 2018. About Rexnord Headquartered in Milwaukee, Wisconsin, Rexnord is comprised of two strategic platforms, Process & Motion Control and Water Management, with ...
MILWAUKEE--(BUSINESS WIRE)-- Rexnord Corporation (the “Company”) (NYSE: RXN) today announced the closing of its offering of $500 million aggregate principal amount of 4.875% senior notes due 2025 (the “notes”). The notes were issued by the Company’s wholly-owned, indirect subsidiaries RBS Global, Inc. and Rexnord LLC (the “issuers”) and guaranteed by the Company and the issuers’ domestic subsidiaries (subject to certain exceptions). The notes will pay interest semi-annually at a rate of 4.875% per year, on each June 15 and ...
MILWAUKEE--(BUSINESS WIRE)-- Rexnord Corporation (the “Company”) (NYSE: RXN) today announced the pricing of its offering of $500 million aggregate principal amount of 4.875% senior notes (the “notes”). The notes will be issued by the Company’s wholly-owned, indirect subsidiaries RBS Global, Inc. and Rexnord LLC (the “issuers”) and guaranteed by the Company and the issuers’ domestic subsidiaries (subject to certain exceptions). The notes will pay interest semi-annually at a rate of 4.875% per annum, on each June 15 and December 15, com...
MILWAUKEE--(BUSINESS WIRE)-- Rexnord Corporation (the “Company”) (NYSE: RXN) today announced its intention to commence an offering, subject to market conditions and other factors, of $500.0 million aggregate principal amount of senior notes. The notes will be issued by the Company’s wholly-owned, indirect subsidiaries RBS Global, Inc. and Rexnord LLC (the “issuers”) and guaranteed by the Company and the issuers’ domestic subsidiaries (subject to certain exceptions). The notes are to be offered and sold in a private offering exempt fro...
MILWAUKEE--(BUSINESS WIRE)-- Rexnord Corporation (NYSE:RXN) Second Quarter Highlights Net sales were $511 million and up 4% year over year (+4% core sales(1), -1% RHF product line exit, +1% foreign currency translation). Diluted EPS was $0.23, compared with $0.24 in the year-ago quarter. Net income(2) was $24 million, compared with $25 million in the year-ago quarter. Adjusted EPS(1) was $0.32, compared with $0.38 in the year-ago quarter. ...
MILWAUKEE--(BUSINESS WIRE)-- Rexnord Corporation (NYSE: RXN) today announced that it will participate in the Baird 2017 Global Industrial Conference at the Four Seasons Hotel Chicago in Chicago, IL on November 7, 2017. About Rexnord Headquartered in Milwaukee, Wisconsin, Rexnord is comprised of two strategic platforms, Process & Motion Control and Water Management, with approximately 8,000 employees worldwide. The Process & Motion Control platform designs, manufactures, markets and services specified, highly-e...
MILWAUKEE--(BUSINESS WIRE)-- Rexnord Corporation (NYSE: RXN) will hold a conference call and webcast presentation on Thursday, November 2, 2017 at 7:00 a.m. Central Time to discuss its second quarter fiscal year 2018 financial results, provide a general business update and respond to investor questions. Rexnord President and CEO Todd Adams and Senior Vice President and CFO Mark Peterson will co-host the call and webcast. The Rexnord Corporation financial report for the second quarter ended September 30, 2017 will be released ...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.