Edition:
India

Rexnord Corp (RXN.N)

RXN.N on New York Stock Exchange

28.95USD
12:44am IST
Change (% chg)

$0.91 (+3.25%)
Prev Close
$28.04
Open
$28.02
Day's High
$29.02
Day's Low
$28.02
Volume
112,364
Avg. Vol
254,620
52-wk High
$31.44
52-wk Low
$21.84

Latest Key Developments (Source: Significant Developments)

Rexnord Corporation To Acquire Centa Power Transmission
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Rexnord Corp ::REXNORD CORP - HAS ENTERED INTO A DEFINITIVE AGREEMENT TO ACQUIRE CENTA POWER TRANSMISSION.REXNORD CORPORATION TO ACQUIRE CENTA POWER TRANSMISSION.  Full Article

Rexnord Corp Announces Pricing Of $500 Mln Of 4.875 Pct Senior Notes Due 2025
Friday, 1 Dec 2017 

Nov 30 (Reuters) - Rexnord Corp ::REXNORD CORPORATION ANNOUNCES PRICING OF $500 MILLION OF 4.875% SENIOR NOTES DUE 2025.REXNORD CORP - ‍ NOTES WILL MATURE ON DECEMBER 15, 2025​.REXNORD CORP - ‍NOTES WILL PAY INTEREST SEMI-ANNUALLY AT A RATE OF 4.875% PER ANNUM, ON EACH JUNE 15 AND DECEMBER 15, COMMENCING ON JUNE 15, 2018​.  Full Article

Rexnord Corporation Announces Offering Of Senior Notes
Wednesday, 29 Nov 2017 

Nov 28 (Reuters) - Rexnord Corp ::REXNORD CORPORATION ANNOUNCES OFFERING OF SENIOR NOTES.REXNORD CORP - ‍ANNOUNCED ITS INTENTION TO COMMENCE AN OFFERING OF $500.0 MILLION AGGREGATE PRINCIPAL AMOUNT OF SENIOR NOTES​.REXNORD CORP - ‍NOTES WILL BE ISSUED BY COMPANY'S WHOLLY-OWNED, INDIRECT SUBSIDIARIES RBS GLOBAL, INC. AND REXNORD LLC​.REXNORD- TO USE PROCEEDS, WITH AVAILABLE CASH, TO REDUCE OUTSTANDING INDEBTEDNESS THROUGH REFINANCING, AMENDMENT TO CERTAIN TERMS OF CREDIT AGREEMENT​.  Full Article

Rexnord Corp reports Q2 adjusted earnings per share $0.32
Thursday, 2 Nov 2017 

Nov 1 (Reuters) - Rexnord Corp :Rexnord reports q2 fy2018 financial results and increases fy2018 operating outlook.Q2 adjusted earnings per share $0.32.Q2 earnings per share $0.23.Q2 sales $511 million versus I/B/E/S view $505.4 million.Q2 earnings per share view $0.31 -- Thomson Reuters I/B/E/S.Rexnord Corp - ‍project fiscal 2018 net income to be in a range of $95 million to $102 million​.Rexnord Corp - ‍ project fiscal 2018 adjusted EBITDA to be in a range of $375 million to $385 million​.Rexnord Corp - ‍project fiscal 2018 free cash flow to exceed net income​.  Full Article

Rexnord Corporation acquires World Dryer Corporation
Tuesday, 10 Oct 2017 

Oct 9 (Reuters) - Rexnord Corp :Rexnord Corporation acquires World Dryer corporation.Rexnord Corp - ‍ World Dryer will join Rexnord's Zurn business​.  Full Article

Rexnord sees q2 adjusted earnings per share $0.36 to $0.39
Tuesday, 2 Aug 2016 

Rexnord Corp : Sees q2 adjusted earnings per share $0.36 to $0.39 . Q1 gaap earnings per share $0.18 from continuing operations . Q1 sales $472 million versus i/b/e/s view $459.5 million . Reaffirms fy 2017 adjusted earnings per share view $1.47 to $1.57 . Rexnord reports q1 fy2017 financial results . Q1 adjusted earnings per share $0.35 . Sees q2 sales $492 million to $502 million . Q1 earnings per share view $0.30 -- Thomson Reuters I/B/E/S . Q2 earnings per share view $0.38 -- Thomson Reuters I/B/E/S . Q2 revenue view $497.3 million -- Thomson Reuters I/B/E/S .Fy2017 revenue view $1.95 billion -- Thomson Reuters I/B/E/S.  Full Article

Rexnord to acquire Cambridge International Holdings for $210 mln
Thursday, 19 May 2016 

Rexnord Corp : Total transaction value of $210 million .Rexnord to acquire Cambridge International Holdings Corp.  Full Article

Rexnord Corp says Q4 adjusted EPS $0.37
Thursday, 19 May 2016 

Rexnord Corp : For FY, expect core growth to range from -2% to +1%, adjusted EPS between $1.47 - $1.57, and for free cash flow to exceed net income . Rexnord Corporation reports fourth quarter and full fiscal year 2016 results . Sees Q1 adjusted earnings per share $0.28 to $0.30 . Q4 adjusted earnings per share $0.37 . Sees Q1 sales $457 million to $467 million . Q4 sales $493 million versus I/B/E/S view $498.6 million .Q4 earnings per share view $0.36 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Rexnord Corporation To Acquire Centa Power Transmission

* REXNORD CORP - HAS ENTERED INTO A DEFINITIVE AGREEMENT TO ACQUIRE CENTA POWER TRANSMISSION