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Magnetek Inc (MAG) Bought By Columbus McKinnon Corp. (CMCO) And The Hedge Funds That Profited
2015-07-27 21:39:21| Industrial Machines - Topix.net
Shares of Magnetek Inc are up by over 53% in trading today as the producer of power supply systems for the material handling industry was bought by one of the leading producers of material handling products, McKinnon Corp. . Shares of McKinnon meanwhile are up slightly after briefly vaulting by nearly 10% earlier in the day.
Magnetek Inc (MAG) Bought By Columbus McKinnon Corp. (CMCO) And The Hedge Funds That Profited
2015-07-27 21:01:28| Electronics - Topix.net
Shares of Magnetek Inc are up by over 53% in trading today as the producer of power supply systems for the material handling industry was bought by one of the leading producers of material handling products, McKinnon Corp. . Shares of McKinnon meanwhile are up slightly after briefly vaulting by nearly 10% earlier in the day.
Columbus McKinnon to celebrate 175 years by ringing closing bell
2015-07-04 10:09:15| Industrial Machines - Topix.net
One of the Buffalo area's oldest manufacturers will mark its 175th anniversary by closing the NASDAQ market on Monday, July 7. Columbus McKinnon Corp. has been invited to Times Square to mark the occasion. Timothy Tevens , the company's chief executive officer, will ring the closing bell at 4 p.m. Headquartered in Amherst, Columbus McKinnon designs, manufactures and markets material handling products and systems.
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Columbus McKinnon sales, profits drop in 4Q
2015-05-28 18:13:33| Industrial Machines - Topix.net
Company CEO Timothy Tevens said sales started off slow in the quarter but ramped up, with especially encouraging growth in Germany. Profits for the manufacturer , which is headquartered in Amherst but has operations around the world, were affected by European factory consolidations and the cost of an acquisition announced in January.
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Columbus McKinnon Corp. (CMCO) Set to Announce Quarterly Earnings on Thursday
2015-05-26 11:44:14| Industrial Machines - Topix.net
Columbus McKinnon Corp. will be announcing its Q415 earnings results on Thursday, May 28th. Analysts expect the company to announce earnings of $0.52 per share and revenue of $154.73 million for the quarter.
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