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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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October 23, 2014
07:48 EDTBCBrunswick revises FY14 adjusted EPS view to $2.30-$2.35, consensus $2.33
Brunswick Chairman and CEO Dustan E. McCoy stated, “Our guidance continues to reflect another year of strong growth in adjusted operating earnings, as well as adjusted pretax earnings growth of 28%-31%. Finally, we are revising our previously stated 2014 diluted EPS, as adjusted, guidance to $2.30-$2.35."
07:47 EDTBCBrunswick sees business to continue to benefit from several new products in Q4
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07:43 EDTBCBrunswick reports Q3 EPS $64c, consensus 58c
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October 22, 2014
10:00 EDTBCBrunswick authorizes $200M stock repurchase plan
Brunswick Corporation announced that its board of directors has authorized the discretionary repurchase of up to $200M of the company's outstanding common stock. Share repurchases will be systematically completed in the open market or through privately negotiated transactions over approximately a two-year period, Brunswick said.

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