WELLESLEY HILLS, MA --
- 'Clinical Map Initiative' On Track; Human Proof of Concept Results for RG-101 and Nomination of Third Clinical Candidate Expected by YE 2014 - - Maintained Strong Financial Position Ending Q2 2014 with $103.5 Million in Cash -
LA JOLLA, Calif.
Transgenomic, Inc. (NASDAQ: TBIO) today announced the following
Transgenomic, Inc. Second Quarter 2014 Financial Results and
Business Update Conference Call
Wednesday, August 6, 2014 @ 5:00 p.m. Eastern
To access the call via telephone, dial 866-952-1908 from the U.S. and
Canada or 785-424-1827 for international participants and enter
conference ID TRANS.
PHILADELPHIA, PA --
By Rex Crum, MarketWatch
Search-engine changes lead to woes for online coupon leader
-Rex Crum; 415-439-6400; AskNewswires@dowjones.com
SAN FRANCISCO (MarketWatch)--Everyone likes to get a deal when they go shopping.
Rexnord Corporation (NYSE:RXN):
First Quarter Highlights
Net sales were $510 million
Income from operations was $58 million or 11% of net sales
Adjusted EBITDA was $93 million or 18% of net sales
Diluted earnings per share was $0.11, including a $10 million
non-cash, non-recurring tax restructuring charge
Excluding Mill Products (1) , net sales increased 2% year
over year (-1% core sales, +3% acquisitions). Mill Products'
contribution to earnings per share in the quarter was immaterial
Adjusted earnings per share, excluding Mill Products, increased 18%
from the prior year to $0.26
Total liquidity was $646 million ($311 million of cash plus $335
million of available borrowings)
By Tom Essaye
The return of global growth, or the global reflation trade, is one of the under-followed themes in this market, so, if you want to ride it before everyone else, then a great way to do it is with BHP.
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