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News Breaks
January 28, 2013
18:28 EDTBCOBrink's appoints Darren McCue as Chief Commercial Strategy Officer
The Brink's Company announced that Darren McCue has been appointed Chief Commercial Strategy Officer, effective February 19. In this role, McCue will be responsible for leading the development of new product and service offerings to help Brink's customers become more efficient and successful, facilitating the introduction of existing products and solutions across the company, and identifying growth opportunities for Brink's. McCue will report directly to Thomas C. Schievelbein, Brink's CEO.
News For BCO From The Last 14 Days
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October 6, 2015
15:17 EDTBCOStarboards's Smith says always prepared for proxy fight, Bloomberg says
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07:38 EDTBCOBrink's narrows FY16 EPS view to $2.00-$2.20 from $2.00-$2.40, consensus $1.98
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07:36 EDTBCOBrink's lowers FY15 EPS view to $1.40-$1.50 from $1.55-$1.75, consensus $1.54
Backs FY15 revenue guidance of approximately $3B, consensus $3.01B. The company cited its expectation of lower operating results in the U.S., weak economic conditions in Brazil, and the ongoing effect of negative currency translation as primary factors in its decision to reduce 2015 guidance.
October 5, 2015
08:21 EDTBCOStarboard increases ownership stake in Brink's to 12.4%
Starboard announced that has increased its stake in Brink's to approximately 12.4% and delivered a letter to the CEO, CFO and board of Brink's. In the letter, Starboard commented, "Management must be able to outline a credible turnaround plan with detailed financial metrics that will bring Brink's performance in-line with its best-in-class peers in a reasonable time frame. However, success requires not only sound strategy, but also solid execution. As such, rather than simply hearing about another set of new targets, shareholders will instead be looking for management to demonstrate why the outcome will be different this time versus the prior failed turnaround attempts. We do not believe that shareholders will tolerate further missteps and delays."
October 2, 2015
17:22 EDTBCOStarboard Value raises stake in Brink's to 9.4%
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October 1, 2015
12:19 EDTBCOBrink's to host investor day
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