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Stock Market & Financial Investment News

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March 4, 2013
16:14 EDTBCBrunswick says production consolidation to reduce costs, shorten production time
"This action allows us to reduce production costs and shorten production cycle times of yachts. Further, the transition is planned so that we can take full advantage of initial retail demand for our new yacht models that we are bringing to the marketplace over the next two years. Concurrent with the transition, comprehensive marketing materials will be provided to our dealer network to support the pre-sale of the new yacht models under development. We can still support significant sales growth in these segments, as our post-consolidation manufacturing footprint will retain capacity to compete in a market in excess of 2.5 times current worldwide demand for yachts and motor yachts," said BBG President Andy Graves.
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April 9, 2014
07:37 EDTBCBrunswick should be bought after negative Q1 preannouncement, says Wells Fargo
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April 8, 2014
09:32 EDTBCHouse Ways & Means Committee to hold a hearing
The Committee holds a hearing entitled, "The Benefits of Permanent Tax Policy for America’s Job Creators" with VP Zelisko of Brunswick Corporation (BC) on April 8 at 10 am. Webcast Link
08:20 EDTBCBrunswick reaffirms FY14 EPS view of $2.40-$2.55, consensus $2.54
08:19 EDTBCBrunswick reports preliminary Q1 EPS 59c-60c, consensus 66c
Brunswick chairman and CEO Dustan E. McCoy stated, "Weather conditions in important marine markets had a negative impact on Q1 U.S. retail and wholesale demand. The severity of the weather patterns has not only reduced sales, but it has also masked the underlying demand for our boat and engine products."

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