BGG News and Press, Briggs & Stratton Corporation From 06/17/20

Thesis Summary Briggs & Stratton ( BGG ) skipped the interest payment on the 6.875% senior notes on June 15 and approved cash retention bonus to the executive senior management team. This is a common set up for a Chapter 11 filing. Unless the company can execute on a major assets sale...

Gainers:  WW +11.8% . NYMT +8.3% . BGG +7.9% . INFN +7.1% . MBIO +4.1% . More news on: WW International, Inc., New York Mortgage Trust, Inc., Briggs & Stratton Corporation, Stocks on the move, , Read more ...

In a new press release , Briggs & Stratton (NYSE: BGG ) says it recently announced a new strategic supply agreement with Ingersoll Rand (NYSE: IR ) to power Club Car vehicles with its Vanguard Commercial Lithium-Ion Battery Packs. More news on: Briggs & Stratton Corporation, Inger...

MILWAUKEE , June 9, 2020 /PRNewswire/ -- Briggs & Stratton Corporation recently announced a new strategic supply agreement with Ingersoll Rand ® to power Club Car ® vehicles with its Vanguard ® Commercial Lithium-Ion Battery Packs. Beginning in ...

MILWAUKEE , June 2, 2020 /PRNewswire/ -- Long a leader in smart power management systems for standby generators, Briggs & Stratton Corporation has upgraded its power management offerings with the introduction of the new Amplify Power Management System. "Power manage...

MILWAUKEE , June 1, 2020 /PRNewswire/ -- Briggs & Stratton Corporation's Ferris brand is excited to introduce two all-new models in the Ferris ISX3300 platform powered exclusively by the Vanguard BIG BLOCK 40.0 Gross HP* EFI ETC engine, the first in the lineup to feature Vanguard...

Misvaluation The relative valuation between the senior notes and the Briggs & Stratton ( BGG ) equity doesn't make sense. The senior notes most recently traded around 32-32.5 cents on the dollar. Let's use the mid price of 32.25, and given the ~$195 million face value, indicates a mar...

Co-written by Robert & Sam Kovacs “ Only when the tide goes out do you discover who's been swimming naked” Probably one of my favorite Warren Buffett quotes. With global lockdowns having taken place throughout the past two months, people have been staying in, while man...

Image source: The Motley Fool. Briggs & Stratton   (NYSE: BGG) Q3 2020 Earnings Call May 07, 2020 , 10:00 a.m. ET Operator Continue reading

Briggs & Stratton Corporation (BGG) Q3 2020 Results Conference Call May 07, 2020 10:00 AM ET Company Participants Mark Schwertfeger - Chief Financial Officer Todd Teske - Chief Executive Officer Conference Call Participants Sam Darkatsh - Raymond James Tim Wojs - Robert...