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Stock Market & Financial Investment News

News Breaks
February 21, 2013
08:06 EDTBRCBrady announces plan to reorganize around three platforms
Brady reported that as part of its strategy to improve organic growth and profitability that it will be changing its organizational structure from geographically-based to an organization structured around three global business platforms: Identification Solutions, Workplace Safety and Die-Cut. Matthew Williamson will lead the global Identification Solutions business. Scott Hoffman 6will lead the global Workplace Safety business. Stephen Millar will lead the Die-Cut business. Peter Sephton, currently president of Brady’s EMEA region, will be retiring from Brady effective July 31. The company said, “We believe that our reorganization around global business platforms will create better alignment of resources required to deliver increasing levels of organic sales growth. We will also be able to create a leaner, flatter organization that is closer to the customer, allowing us to reduce costs by approximately $25M-$30M annually, some of which will be reinvested into growth initiatives. Costs to implement this reorganization are expected to range from $15M-$18M. The global business reorganization will be effective May 1, 2013 with most of the restructuring completed by the end of fiscal 2013."
News For BRC From The Last 14 Days
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May 21, 2015
08:04 EDTBRCBrady sees Q4 continuing operations EPS 30c-40c, consensus 45c
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08:02 EDTBRCBrady reports Q3 continuing operations EPS 34c, consensus 37c
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May 20, 2015
15:00 EDTBRCNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's open, with earnings consensus, include Dollar Tree (DLTR), consensus 75c... Best Buy (BBY), consensus 29c... Advance Auto Parts (AAP), consensus $2.48... Patterson Companies (PDCO), consensus 65c... Donaldson Company (DCI), consensus 35c... Booz Allen Hamilton Holding (BAH), consensus 33c... The Buckle (BKE), consensus 78c... Monro Muffler Brake (MNRO), consensus 39c... Brady Corp. (BRC), consensus 37c... Trina Solar (TSL), consensus 9c... Quality Systems (QSII), consensus 15c... Kirkland's (KIRK), consensus 11c... Bon-Ton Stores (BONT), consensus ($1.56).

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