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Stock Market & Financial Investment News

News Breaks
July 24, 2013
11:27 EDTEMLEastern Company reports Q2 EPS 35c vs. 42c a year ago
Reports Q2 revenue $39.2M vs. $41.6M in year ago quarter.
News For EML From The Last 14 Days
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May 26, 2015
17:03 EDTEMLEastern announces James Mitarotonda and Michael McManus were elected
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May 22, 2015
11:36 EDTEMLBarington Group says results point to win in Eastern Company proxy contest
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May 14, 2015
16:31 EDTEMLEgan-Jones supports Barrington group nominees for Eastern board
The Barington Group, a significant long-term shareholder of The Eastern Company announced that it has received the support of Egan-Jones Proxy Services, one of the top independent proxy advisory firms in the United States, for the election of its two highly qualified director nominees to the Eastern Board of Directors at the May 20th Annual Meeting of Shareholders. In its report, Egan-Jones states, "We believe that support for voting the Dissident ballot is merited and that voting the dissident ballot is in the best interest of the company and its shareholders." Egan-Jones also states, "We believe that the company's value potential is not being realized under its current Board of Directors. We believe that the current Board's failure to address board and management renewal has put the company in significant risk. We are also concerned that there may be other equally important issues that may have been overlooked. The Barington Group is committed to seeking to enhance the long-term value of the Company's common stock and ensuring that shareholder interests are represented in the boardroom, we recommend support for their director nominees."

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