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Stock Market & Financial Investment News

News Breaks
August 6, 2014
18:46 EDTMIDDMiddleby reports Q2 EPS 85c, consensus 75c
Reports Q2 revenue $424.78M, consensus $407.98M. Net sales at the company’s Commercial Foodservice Equipment Group increased by $40.9M, or 18.3%, to $263.9M in Q2. Net sales at the company’s Food Processing Equipment Group increased by $8.0M, or 9.8%, to $89.9M in Q2. Net sales at the company’s Residential Kitchen Equipment Group increased by $12.1M, or 20.6%, to $70.9M in Q2.
News For MIDD From The Last 14 Days
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October 16, 2014
09:26 EDTMIDDMiddleby weakness a buying opportunity, says RW Baird
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October 14, 2014
09:16 EDTMIDDMiddleby to acquire U-Line Corporation; terms not disclosed
The Middleby Corporation announced it has entered into a definitive agreement to acquire the U-Line Corporation. U-Line is involved in the premium residential built-in modular ice making, refrigeration and wine preservation market. U-Line has annual revenues of approximately $60M.

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