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Stock Market & Financial Investment News

News Breaks
January 23, 2014
07:47 EDTBGGBriggs & Stratton reports Q2 adjusted EPS 5c, consensus 9c
Reports Q2 revenue $416.6M, consensus $439.97M; The reduced storm activity reduced net sales and diluted earnings per share by an estimated $55M and 12c in the fiscal quarter compared with last year.
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August 14, 2014
08:56 EDTBGGBriggs & Stratton to acquire Allmand Bros.
Briggs & Stratton announced that it has signed a definitive agreement to acquire U.S. based Allmand Bros. Founded in 1938 and based in Holdrege, Nebraska, Allmand is a designer and manufacturer of high quality towable light towers, industrial heaters, and solar LED arrow boards. Allmand has sales of approximately $80M annually. Briggs & Stratton will acquire all of the outstanding shares of Allmand for approximately $62M in cash, subject to customary due diligence and working capital adjustments. The transaction is expected to close in the next 30 days.
08:55 EDTBGGBriggs & Stratton sees FY15 EPS $1.07-$1.27, consensus $1.16
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08:54 EDTBGGBriggs & Stratton saw improved sales in geines and products despite slower start
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08:53 EDTBGGBriggs & Stratton reports Q4 adjusted EPS 31c, consensus 36c
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August 13, 2014
15:05 EDTBGGNotable companies reporting before tomorrow's open
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13:28 EDTBGGBriggs & Stratton board authorizes additional $50M for stock repurchase program
The stock repurchase program has an expiration of June 30, 2016.
13:27 EDTBGGBriggs & Stratton board increases quarterly dividend by 4% to 12.5c
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