Navigation Links
Rexnord to slash debt after quarterly loss

Milwaukee, Wis. - Following a quarterly net loss of $2.8 million, executive officers at Rexnord Corp., a manufacturer of motion technology products, said the company is focused on reducing its debt.

In a report of first quarter 2007 results, CFO Tom Jansen highlighted increased quarterly sales growth and CEO Bob Hitt identified encouraging tren......

Full article >>> port back, but to be there for the market that we need to support," Hitt said. "Our priorities for the remainder of fiscal 2007 will continue to be to reduce our leverage by focusing on driving growth, margin expansion, and generating cash to reduce our debt."

Rexnord has approximately 5,800 employees worldwide, and total company assets are valued at approximately $1.6 billion.

......

Full article >>>
'"/>

Source:wistechnology.com By Chris Fleissner 08/09/06


Related biology technology :

1. NimbleGen to discontinue IPO after Roches $272.5 million acquisition
2. JT Packard exec resigns after settling copyright disputes
3. UW System says goodbye to Lawson after 5 years, $26 million
4. BIO 2006 aftermath and a taste of bio-generics
5. Criticare narrows loss, but sales drop after partner is bought
6. Reading Tommy Thompsons mind – life after public service
7. Third Wave to seek FDA clearences after expanding pipeline
8. Why you should never name your company after a fruit
9. One year after the 2003 blackout: Is Wisconsin prepared?
10. Sound Focus plans to enter home-entertainment market after taking Governors prize
11. Fiserv posts 30 percent quarterly loss
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:4/27/2016)... ... April 27, 2016 , ... Global Stem Cells ... of an Asia-Pacific Symposium as other research and development initiatives for potential stem cell ... and top Global Stem Cells Group executives began meeting to establish a working agenda ...
(Date:4/26/2016)... ... April 27, 2016 , ... Cameron ... LLP as an associate in the firm’s Intellectual Property practice group. , Clients ... electromechanical patent applications. He has an electrical engineering and computer engineering background, and ...
(Date:4/26/2016)... ... April 26, 2016 , ... Heidelberg ... the latest technology innovation for its Volume Pattern Generator (VPG) line of lithography ... of advanced photomasks as well as a solution for mid volume direct write ...
(Date:4/26/2016)... , ... April 26, 2016 , ... BioFactura, Inc ... Series A round of financing. Healthy investor interest drove significant oversubscription of the ... generic biologics, known as biosimilars, to the advanced preclinical stages. , Chief Executive Officer ...
Breaking Biology Technology:
(Date:3/10/2016)... India , March 10, 2016 ... a new market research report "Identity and Access Management ... & Audit, Compliance, and Governance), by Organization Size, by ... to 2020", published by MarketsandMarkets, The market is estimated ... USD 12.78 Billion by 2020, at a Compound Annual ...
(Date:3/9/2016)... 2016 Nigeria . ... than 23,000 public service employees either did not exist ... salary unlawfully.    --> Nigeria ... more than 23,000 public service employees either did not ... their salary unlawfully.    --> DERMALOG, the ...
(Date:3/3/2016)...  FlexTech, a SEMI Strategic Association Partner, awarded five ... Development, Leadership in Education, and, in a category new ... year of the FLEXI Awards and the winners ... past years . Judging was done on a ... criteria, by a panel of non-affiliated, independent, industry experts. ...
Breaking Biology News(10 mins):