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Stock Market & Financial Investment News

News Breaks
June 9, 2014
09:13 EDTFELEFranklin Electric announces Brazil acquisition
Franklin Electric announced that it has acquired Bombas Leao based in Monte Azul Paulista, State of Sao Paulo, Brazil. In 2013 Bombas Leao net revenues were approximately $30M. The company believes the transaction will be accretive to FY14 EPS.
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August 3, 2015
08:14 EDTFELEFranklin Electric increases share repurchase program to 3M shares
Franklin Electric's board approved a stock repurchase program, authorizing the company to repurchase up to 3M shares of outstanding common stock. The board had previously authorized a share repurchase program under which the remaining authorized amount is approximately 535,000 shares. The company intends to complete the existing repurchase program before repurchasing shares under the new program.
July 31, 2015
11:11 EDTFELEFranklin Electric management to meet with Sterne Agee CRT
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July 28, 2015
08:14 EDTFELEFranklin Electric reports Q2 adjusted EPS 35c, consensus 39c
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