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Kadant adds to stock preparation product line

2014-11-05 05:33:41| Paper - Topix.net

Kadant Inc. has completed the acquisition of the screen cylinder product line from J&L Fiber Services, Inc. This acquisition further extends Kadant's stock preparation product offerings of screen cylinder products applied to recycled fiber lines, thick stock, broke, and other aggressive applications.

Tags: line product stock preparation

 

Marchionne gains $13 million with stock sale after Ferrari deal

2014-11-05 01:47:20| Automakers - Topix.net

Fiat Chrysler Automobiles CEO Sergio Marchionne made about 10.7 million euros from a surge in the automaker's share price after he announced a plan to spin off Ferrari. Marchionne exercised options for 6.25 million Fiat Chrysler shares on Oct. 30 and sold that amount of shares by Oct. 31. He did the same for an equal amount of stock in CNH Industrial NV, the truck and tractor maker that was previously part of the Fiat group.

Tags: sale stock million deal

 
 

Marchionne gains $13 million with stock sale after Ferrari deal

2014-11-04 22:22:10| Industrial Machines - Topix.net

Fiat Chrysler Automobiles CEO Sergio Marchionne made about 10.7 million euros from a surge in the automaker's share price after he announced a plan to spin off Ferrari. Marchionne exercised options for 6.25 million Fiat Chrysler shares on Oct. 30 and sold that amount of shares by Oct. 31. He did the same for an equal amount of stock in CNH Industrial NV, the truck and tractor maker that was previously part of the Fiat group.

Tags: sale stock million deal

 

Is It Time to Buy Kimberly Clark Corp Stock?

2014-11-04 18:54:10| Paper - Topix.net

Those are the traits that make consumer staples stocks very appealing to more risk-averse investors such as retirees who desire relative safety and investment income. But whether these qualities make Kimberly Clark stock a buy right now is a different question.

Tags: time buy stock corp

 

AK Steel (AKS) Stock Lower Today After Third Quarter Earnings Results

2014-11-04 18:44:13| Steel - Topix.net

The Ohio-based steel company reported net sales for the third quarter of $1.59 billion on shipments of 1,462,900 tons, compared to net sales of $1.33 billion on shipments of 1,242,400 tons for the year-ago third quarter. Analysts forecast 9 cents of earnings per share and revenue of $1.49 billion, according to the average of analyst estimates compiled by Yahoo Finance .

Tags: results today stock lower

 

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