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Stock Market & Financial Investment News

News Breaks
August 11, 2014
16:48 EDTRXNRexnord files to sell 10M shares of common stock for holders
Deutsche Bank Securities is acting as the sole underwriter for the offering, and proposes to offer the shares of common stock from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at prevailing market prices, at prices related to prevailing market prices or at negotiated prices.
News For RXN From The Last 14 Days
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February 9, 2016
08:27 EDTRXNRexnord earnings close to positive turning point, says Sterne Agee CRT
Sterne Agee CRT believes that Rexnord's earnings are close to reaching a positive turning point, and the firm recommends that long-term value investors and those looking for cyclical exposure buy the stock. It thinks the shares could reach $36 in three years.
February 3, 2016
08:53 EDTRXNRexnord weakness unwarranted, says Sterne Agee CRT
Sterne Agee CRT says that Rexnord reported solid results, while the company's U.S. industrial distribution end market is stabilizing and its destocking is largely complete.The firm thinks the company's results are nearing a bottom, and it keeps a $27 price target and Buy rating.
February 2, 2016
16:06 EDTRXNRexnord lowers FY15 adjusted EPS view to $1.37-$1.41 from $1.43-$1.48
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16:04 EDTRXNRexnord sees Q4 adjusted EPS 35c-39c, consensus 40c
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16:03 EDTRXNRexnord reports Q3 adjusted EPS 38c, consensus 36c
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