AIMC News and Press, Altra Industrial Motion Corp.

REGAL REXNORD CORPORATION COMPLETES ACQUISITION OF ALTRA INDUSTRIAL MOTION CORP. PR Newswire Positions Regal Rexnord For Accelerated Growth, Higher Margins, Stronger Free Cash Flow And Higher ROIC By Enhancing Its Value Proposition With Key Stakeholders Transforms Rega...

2023-03-22 21:13:21 ET Regal Rexnord ( NYSE: RRX ) and Alta Industrial ( NASDAQ: AIMC ) said the companies received all regulatory approvals for the transaction. Regal Rexnord's ( RRX ) purchase of Altra Industrial ( AIMC )  is set to close on or aroun...

REGAL REXNORD AND ALTRA ANNOUNCE RECEIPT OF ALL REQUIRED REGULATORY APPROVALS FOR MERGER PR Newswire BELOIT, Wis. and BRAINTREE, Mass. , March 22, 2023 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) ("Regal Rexnord") and Altra Industrial Motion Corp. (...

BELOIT, Wis. and BRAINTREE, Mass., March 22, 2023 (GLOBE NEWSWIRE) -- Regal Rexnord Corporation (NYSE: RRX) (“Regal Rexnord”) and Altra Industrial Motion Corp. (Nasdaq: AIMC) (“Altra”) jointly announced today that they have received all required regulatory approvals to...

Summary Soros' 13F portfolio value increased from $5.86B to $7.26B this quarter. The number of positions decreased from 270 to 208. Soros increased Alphabet and Tesla while decreasing Rivian, Amazon, Nike, T-Mobile, and Biohaven. Horizon Therapeutics at 4.48% of the portfolio is the...

Summary Altra's fourth quarter results included a few curious items, as management's calculation of organic revenue may have understated underlying growth. The Automation and Specialty business appeared to have posted healthy double-digit growth on solid underlying automation demand, wh...

Altra Industrial Motion press release ( NASDAQ: AIMC ): Q4 Non-GAAP EPS of $0.73. Revenue of $469.4M (-0.1% Y/Y). For further details see: Altra Industrial Motion  Non-GAAP EPS of $0.73, revenue of $469.4M

Summary Gates Industrial Corporation has seen a decent amount of volatility in recent years, particularly from a profit and cash flow perspective. Management also seems optimistic about the future, with core sales, profits, and cash flows likely to grow. The stock is just cheap enou...

Summary Regal Rexnord's fourth quarter revenue performance was better than it looks, and the company outperformed on margins. Management guidance/commentary was surprisingly positive, with a more bullish outlook on short-cycle demand and strong confidence in later-cycle markets like aer...

Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. Investors are eager to herald a return to low inter...