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Stock Market & Financial Investment News

News Breaks
August 6, 2014
16:39 EDTRXNRexnord reports Q1 adjusted EPS 26c, consensus 25c
Reports Q1 revenue $509.8M, consensus $513.4M. Process and Motion Control net sales decreased 3% year-over-year to $305M in Q1. Water Management net sales increased 6% from the prior year to $205M in Q1.
News For RXN From The Last 14 Days
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April 9, 2015
10:00 EDTRXNOn The Fly: Analyst Downgrade Summary
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07:11 EDTRXNRexnord downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank downgraded Rexnord to Hold after lowering its estimates to reflect currency headwinds and a lack of evidence for a pickup in North American capital spending. The firm cut its price target for shares to $27 from $30.

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