MTW » Topics » Forward-looking Statements

This excerpt taken from the MTW 8-K filed Oct 29, 2009.

Forward-looking Statements

 

This press release includes “forward-looking statements” intended to qualify for the safe harbor from liability under the Private Securities Litigation Reform Act of 1995. Any statements contained in this press release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current expectations of the management of the company and are subject to uncertainty and changes in circumstances.  Forward-looking statements include, without limitation, statements typically containing words such as “intends,” “expects,” “anticipates,” “targets,” “estimates,” and words of similar import. By their nature, forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results and developments to differ materially include, among others:

 

·                  unanticipated changes in revenues, margins, costs, and capital expenditures;

·                  uncertainties associated with new product introductions and the successful development of innovative products that drive growth;

·                  the ability to generate cash consistent with Manitowoc’s stated goals;

·                  matters impacting the successful and timely implementation of ERP systems;

·                  foreign currency fluctuations and their impact on hedges in place with Manitowoc;

·                  changes in raw material prices;

·                  unexpected issues associated with the availability and viability of suppliers;

·                  unanticipated changes in global demand for high-capacity lifting equipment;

·                  the risks associated with growth;

·                  geographic factors and political and economic risks;

·                  actions of competitors;

·                  changes in economic or industry conditions generally or in the markets served by Manitowoc;

·                  the state of financial and credit markets;

·                  unanticipated changes in customer demand;

·                  the ability of Manitowoc’s customers to receive financing;

·                  unanticipated issues associated with refresh/renovation plans by national restaurant accounts;

·                  efficiencies and capacity utilization of facilities;

·                  issues related to workforce reductions;

·                  work stoppages, labor negotiations, and labor rates;

·                  government approval and funding of projects;

·                  the ability to complete and appropriately integrate restructurings, consolidations, acquisitions, divestitures, strategic alliances, and joint ventures;

·                  finalization of the price and other terms of now-completed divestitures and unanticipated issues associated with transitional services provided by Manitowoc in connection with those divestitures;

·      in connection with the now-completed acquisition of Enodis: potential balance sheet changes resulting from finalization of purchase accounting treatment; the ability to appropriately and timely integrate the acquisition of Enodis; realization of anticipated earnings enhancements, cost savings, strategic options and other synergies and the anticipated timing to realize those savings, synergies and options; and

·                  risks and other factors cited in Manitowoc’s filings with the United States Securities and Exchange Commission.

 

Manitowoc undertakes no obligation to update or revise forward-looking statements, whether as a result of new information, future events, or otherwise. Forward-looking statements only speak as of the date on which they are made. Information on the potential factors that could affect the company’s actual results of operations is included in its filings with the Securities and Exchange Commission, including but not limited to its Annual Report on Form 10-K for the fiscal year ended December 31, 2008.

 

This excerpt taken from the MTW 8-K filed Jul 28, 2009.

Forward-looking Statements

 

This press release includes “forward-looking statements” intended to qualify for the safe harbor from liability under the Private Securities Litigation Reform Act of 1995. Any statements contained in this press release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current expectations of the management of the company and are subject to uncertainty and changes in circumstances.  Forward-looking statements include, without limitation, statements typically containing words such as “intends,” “expects,” “anticipates,” “targets,” “estimates,” and words of similar import. By their nature, forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results and developments to differ materially include, among others:

 

·                  unanticipated changes in revenues, margins, costs, and capital expenditures;

·                  uncertainties associated with new product introductions;

·                  matters impacting the successful and timely implementation of ERP systems;

·                  foreign currency fluctuations and their impact on hedges in place with Manitowoc;

·                  changes in raw material prices;

·                  unexpected issues associated with the availability and viability of suppliers;

·                  unanticipated changes in global demand for high-capacity lifting equipment;

·                  the risks associated with growth;

·                  geographic factors and political and economic risks;

·                  actions of competitors;

·                  changes in economic or industry conditions generally or in the markets served by Manitowoc;

·                  the state of financial and credit markets;

·                  unanticipated changes in customer demand;

·                  the ability of Manitowoc’s customers to receive financing;

·                  unanticipated issues associated with refresh/renovation plans by national restaurant accounts;

·                  efficiencies and capacity utilization of facilities;

·                  issues related to workforce reductions;

·                  work stoppages, labor negotiations, and labor rates;

·                  government approval and funding of projects;

·                  the ability to complete and appropriately integrate restructurings, consolidations, acquisitions, divestitures, strategic alliances, and joint ventures;

·                  finalization of the price and other terms of now-completed divestitures and unanticipated issues associated with transitional services provided by Manitowoc in connection with those divestitures;

·                  in connection with the now-completed acquisition of Enodis: potential balance sheet changes resulting from finalization of purchase accounting treatment; the ability to appropriately and timely integrate the acquisition of Enodis; realization of anticipated earnings enhancements, cost savings, strategic options and other synergies and the anticipated timing to realize those savings, synergies and options; and

·                  risks and other factors cited in Manitowoc’s filings with the United States Securities and Exchange Commission.

 

Manitowoc undertakes no obligation to update or revise forward-looking statements, whether as a result of new information, future events, or otherwise. Forward-looking statements only speak as of the date on which they are made. Information on the potential factors that could affect the company’s actual results of operations is included in its filings with the Securities and Exchange Commission, including but not limited to its Annual Report on Form 10-K for the fiscal year ended December 31, 2008.

 



 

This excerpt taken from the MTW 8-K filed May 15, 2009.

Forward-looking Statements

 

This press release includes “forward-looking statements” intended to qualify for the safe harbor from liability under the Private Securities Litigation Reform Act of 1995. Any statements contained in this press release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.   These statements are based on the current expectations of the management of the company and are subject to un-certainty and changes in circumstances.  Forward-looking statements include, without limitation, statements typically containing words such as “intends,” “expects,” “anticipates,” “targets,” “estimates” and words of similar import.  By their nature, forward-looking statements are not guarantees of future performance or results and involve risks and un-certainties because they relate to events and depend on circumstances that will occur in the future.  There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements.  Factors that could cause actual results and developments to differ materially include, among others:

 

·                  the final net purchase price of the transaction, after all adjustments, taxes, fees and expenses;

·                  the basis and book value of the businesses being sold;

·                  unanticipated changes in revenues, costs, margins, results from operations, and capital expenditures;

·                  changes in economic or industry conditions generally or in the markets served by Manitowoc;

 



 

·                  unanticipated issues associated with the company’s existing debt and in obtaining covenant relief, if necessary; and,

·                  risks and other factors cited in the company’s  filings with the United States Securities and Exchange Commission.

 

Manitowoc undertakes no obligation to update or revise forward-looking statements, whether as a result of new information, future events or otherwise. Forward-looking statements only speak as of the date on which they are made.  Information on the potential factors that could affect the company’s actual results of operations is included in its filings with the Securities and Exchange Commission, including but not limited to its Annual Report on Form 10-K for the fiscal year ended December 31, 2008.

 

This excerpt taken from the MTW 8-K filed May 1, 2009.

Forward-looking Statements

 

This press release includes “forward-looking statements” intended to qualify for the safe harbor from liability under the Private Securities Litigation Reform Act of 1995. Any statements contained in this press release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current expectations of the management of the company and are subject to uncertainty and changes in circumstances.  Forward-looking statements include, without limitation, statements typically containing words such as “intends,” “expects,” “anticipates,” “targets,” “estimates,” and words of similar import. By their nature, forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. There are a number of factors that could cause actual results and developments to differ materially

 



 

from those expressed or implied by such forward-looking statements. Factors that could cause actual results and developments to differ materially include, among others:

 

·

unanticipated issues associated with the proposed sale of the Enodis ice business;

·

unanticipated issues that could adversely affect the net proceeds Manitowoc receives upon the closing of the sale of the Enodis ice business;

·

unanticipated issues associated with obtaining financial covenant relief under Manitowoc’s credit facility, if necessary;

·

unanticipated changes in revenues, margins, costs, and capital expenditures;

·

issues associated with new product introductions;

·

matters impacting the successful and timely implementation of ERP systems;

·

foreign currency fluctuations and their impact on hedges in place with Manitowoc;

·

changes in raw material prices;

·

unexpected issues associated with the availability and viability of suppliers;

·

unanticipated changes in consumer spending;

·

unanticipated changes in global demand for high-capacity lifting equipment;

·

the risks associated with growth;

·

geographic factors and political and economic risks;

·

actions of competitors;

·

changes in economic or industry conditions generally or in the markets served by Manitowoc;

·

the state of financial and credit markets;

·

unanticipated changes in customer demand;

·

unanticipated issues associated with refresh/renovation plans by national restaurant accounts;

·

efficiencies and capacity utilization of facilities;

·

issues related to workforce reductions;

·

work stoppages, labor negotiations, and labor rates;

·

government approval and funding of projects;

·

the ability of our customers to receive financing;

·

the ability to complete and appropriately integrate restructurings, consolidations, acquisitions, divestitures, strategic alliances, and joint ventures;

·

in connection with the now-completed sale of Manitowoc Marine Group, the tax gain, the earnings impact, and the costs incurred in completing the sale;

·

in connection with now-completed acquisition of Enodis, potential balance sheet changes resulting from finalization of purchase accounting treatment, compliance with the terms and conditions of regulatory approvals relating to the required divestiture of Enodis’ global ice business and the timing, price, and other terms of the required divestiture, the ability to complete and appropriately and timely integrate the acquisition of Enodis, anticipated earnings enhancements, estimated cost savings and other synergies and the anticipated timing to realize those savings and synergies, the costs incurred in completing the acquisition of Enodis, the divestiture of the Enodis global ice business, and in achieving synergies, potential divestitures and other strategic options; and

·

risks and other factors cited in the company’s filings with the United States Securities and Exchange Commission.

 

Manitowoc undertakes no obligation to update or revise forward-looking statements, whether as a result of new information, future events, or otherwise. Forward-looking statements only speak as of the date on which they are made. Information on the potential factors that could affect the company’s actual results of operations is included in its filings with the Securities and Exchange Commission, including but not limited to its Annual Report on Form 10-K for the fiscal year ended December 31, 2008.

 

This excerpt taken from the MTW 8-K filed Mar 31, 2009.

Forward-looking Statements

This press release includes “forward-looking statements” intended to qualify for the safe harbor from liability under the Private Securities Litigation Reform Act of 1995. Any statements contained in this press release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current expectations of the management of the company and are subject to uncertainty and changes in circumstances. Forward-looking statements include, without limitation, statements typically containing words such as “intends,” “expects,” “anticipates,” “targets,” “estimates,” and words of similar import. By their nature, forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results and developments to differ materially include, among others:

 

·

unanticipated issues associated with the closing of the proposed sale of the Enodis ice business;

·

unanticipated issues that could adversely affect the net proceeds Manitowoc receives upon closing the sale of the Enodis ice business;

·

unanticipated issues associated with obtaining covenant relief, if necessary;

·

unanticipated changes in revenues, margins, costs, and capital expenditures;

·

unanticipated changes in consumer spending;

·

unanticipated changes in global demand for high-capacity lifting equipment;

·

geographic factors and political and economic risks;

·

actions of competitors;

·

changes in economic or industry conditions generally or in the markets served by Manitowoc;

·

the state of financial and credit markets;

·

unanticipated changes in customer demand;

·

the ability of our customers to receive financing;

·

the ability to complete and appropriately integrate restructurings, consolidations, acquisitions, divestitures, strategic alliances, and joint ventures;

·

risks and other factors cited in the company’s filings with the United States Securities and Exchange Commission.

 

Manitowoc undertakes no obligation to update or revise forward-looking statements, whether as a result of new information, future events, or otherwise. Forward-looking statements only speak as of the date on which they are made. Information on the potential factors that could affect the company’s actual results of operations is included in its filings with the Securities and Exchange Commission, including but not limited to its Annual Report on Form 10-K for the fiscal year ended December 31, 2008.

 

This excerpt taken from the MTW 8-K filed Mar 3, 2009.

Forward-looking Statements

 

This press release includes “forward-looking statements” intended to qualify for the safe harbor from liability under the Private Securities Litigation Reform Act of 1995. Any statements contained in this press release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current expectations of the management of the company and are subject to uncertainty and changes in circumstances. Forward-looking statements include, without limitation, statements typically containing words such as “intends,” “expects,” “anticipates,” “targets,” “estimates,” and words of similar import. By their nature, forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results and developments to differ materially include, among others:

 

·                  unanticipated changes in revenues, margins, costs, and capital expenditures;

·                  issues associated with new product introductions;

·                  matters impacting the successful and timely implementation of ERP systems;

·                  foreign currency fluctuations and their impact on hedges in place with Manitowoc;

·                  increases in raw material prices;

·                  unexpected issues associated with the availability of local suppliers and skilled labor;

·                  unanticipated changes in consumer spending;

·                  unanticipated changes in global demand for high-capacity lifting equipment;

·                  the risks associated with growth;

·                  geographic factors and political and economic risks;

·                  actions of competitors;

·                  changes in economic or industry conditions generally or in the markets served by Manitowoc (including Enodis plc);

·                  the state of financial and credit markets;

·                  unanticipated changes in customer demand;

·                  unanticipated issues associated with refresh/renovation plans by national restaurant accounts;

·                  efficiencies and capacity utilization of facilities;

·                  issues related to new facilities and expansion of existing facilities;

·                  work stoppages, labor negotiations, and labor rates;

·                  government approval and funding of projects;

·                  the ability of our customers to receive financing;

·                  the ability to complete and appropriately integrate restructurings, consolidations, acquisitions, divestitures, strategic alliances, and joint ventures;

·                  in connection with the now-completed sale of Manitowoc Marine Group, the tax gain, the earnings impact, and the costs  incurred in completing the sale;

·                  in connection with now-completed acquisition of Enodis plc, potential balance sheet changes resulting from finalization of purchase accounting treatment, compliance with the terms and conditions of regulatory approvals relating to the required divestiture of Enodis’ global ice business and the timing, price, and other terms of the required divestiture, the ability to complete and appropriately and timely integrate the acquisition of Enodis plc, anticipated earnings enhancements, estimated cost savings and other synergies and the anticipated timing to realize those savings and synergies, the costs incurred in completing the acquisition of Enodis, the divestiture of the Enodis global ice business, and in achieving synergies, potential divestitures and other strategic options; and

·                  risks and other factors cited in the company’s filings with the United States Securities and Exchange Commission.

 

Manitowoc undertakes no obligation to update or revise forward-looking statements, whether as a result of new information, future events or otherwise. Forward-looking statements only speak as of the date on which they are made. Information on the potential factors that could affect the company’s actual results of operations is included in its filings with the Securities and Exchange Commission, including but not limited to its Annual Report on Form 10-K for the fiscal year ended December 31, 2008.

 

This excerpt taken from the MTW 8-K filed Jan 29, 2009.

Forward-looking Statements

This press release includes “forward-looking statements” intended to qualify for the safe harbor from liability under the Private Securities Litigation Reform Act of 1995. Any statements contained in this press release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the

 



 

current expectations of the management of the company and are subject to uncertainty and changes in circumstances. Forward-looking statements include, without limitation, statements typically containing words such as “intends,” “expects,” “anticipates,” “targets,” “estimates,” and words of similar import. By their nature, forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results and developments to differ materially include, among others:

 

·      unanticipated changes in revenues, margins, costs, and capital expenditures;

·      issues associated with new product introductions;

·      matters impacting the successful and timely implementation of ERP systems;

·      foreign currency fluctuations and their impact on hedges in place with Manitowoc;

·      increases in raw material prices;

·      unexpected issues associated with the availability of local suppliers and skilled labor;

·      unanticipated changes in consumer spending;

·      unanticipated changes in global demand for high-capacity lifting equipment;

·      the risks associated with growth;

·      geographic factors and political and economic risks;

·      actions of competitors;

·      changes in economic or industry conditions generally or in the markets served by Manitowoc (including Enodis plc);

·      the state of financial and credit markets;

·      unanticipated changes in customer demand;

·      unanticipated issues associated with refresh/renovation plans by national restaurant accounts;

·      efficiencies and capacity utilization of facilities;

·      issues related to new facilities and expansion of existing facilities;

·      work stoppages, labor negotiations, and labor rates;

·      government approval and funding of projects;

·      the ability of our customers to receive financing;

·      the ability to complete and appropriately integrate restructurings, consolidations, acquisitions, divestitures, strategic alliances, and joint ventures;

·      in connection with the now-completed sale of Manitowoc Marine Group, the tax gain, the earnings impact, and the costs  incurred in completing the sale;

·      in connection with now-completed acquisition of Enodis plc, potential balance sheet changes resulting from finalization of purchase accounting treatment, compliance with the terms and conditions of regulatory approvals relating to the required divestiture of Enodis’ global ice business and the timing, price, and other terms of the required divestiture, the ability to complete and appropriately and timely integrate the acquisition of Enodis plc, anticipated earnings enhancements, estimated cost savings and other synergies and the anticipated timing to realize those savings and synergies, the costs incurred in completing the acquisition of Enodis, the divestiture of the Enodis global ice business, and in achieving synergies, potential divestitures and other strategic options; and

·      risks and other factors cited in the company’s filings with the United States Securities and Exchange Commission.

 

Manitowoc undertakes no obligation to update or revise forward-looking statements, whether as a result of new information, future events or otherwise. Forward-looking statements only speak as of the date on which they are made. Information on the potential factors that could affect the company’s actual results of operations is included in its filings with the Securities and Exchange Commission, including but not limited to its Annual Report on Form 10-K for the fiscal year ended December 31, 2007.

 

This excerpt taken from the MTW 8-K filed Jan 8, 2009.

Forward-looking Statements

This press release includes “forward-looking statements” intended to qualify for the safe harbor from liability under the Private Securities Litigation Reform Act of 1995. Any statements contained in this

 



 

 

press release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current expectations of the management of the company and are subject to uncertainty and changes in circumstances. Forward- looking statements include, without limitation, statements typically containing words such as “intends,” “expects,” “anticipates,” “targets,” “estimates,” and words of similar import. By their nature, forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results and developments to differ materially include, among others:

 

     —    unanticipated changes in revenues, margins, costs, and capital expenditures;

     —    issues associated with new product introductions;

     —    matters impacting the successful and timely implementation of ERP systems;

     —    foreign currency fluctuations and their impact on hedges in place with Manitowoc;

     —    increases in raw material prices;

     —    unexpected issues associated with the availability of local suppliers and skilled labor;

     —    unanticipated changes in consumer spending;

     —    unanticipated changes in global demand for high-capacity lifting equipment;

     —    the risks associated with growth;

      —    geographic factors and political and economic risks;

     —    actions of competitors;

     —    changes in economic or industry conditions generally or in the markets served by Manitowoc (including Enodis plc);

     —    the state of financial and credit markets;

     —    unanticipated changes in customer demand;

     —    unanticipated issues associated with refresh/renovation plans by national restaurant accounts;

     —    efficiencies and capacity utilization of facilities;

     —    issues related to new facilities and expansion of existing facilities;

     —    work stoppages, labor negotiations, and labor rates;

     —    government approval and funding of projects;

     —    the ability of our customers to receive financing;

     —    the ability to complete and appropriately integrate restructurings, consolidations, acquisitions, divestitures, strategic alliances, and joint ventures;

     —    in connection with the now-completed sale of Manitowoc Marine Group, the tax gain, the earnings impact, and the costs  incurred in completing the sale;

     —    in connection with now-completed acquisition of Enodis plc, compliance with the terms and conditions of regulatory approvals relating to the required divestiture of Enodis’ global ice business and the timing, price, and other terms of the required divestiture, the ability to complete and appropriately and timely integrate the acquisition of Enodis plc, anticipated earnings enhancements, estimated cost savings and other synergies and the anticipated timing to realize those savings and synergies, the costs incurred in completing the acquisition of Enodis, the divestiture of the Enodis global ice business, and in achieving synergies, potential divestitures and other strategic options; and

     —    risks and other factors cited in the company’s filings with the United States Securities and Exchange Commission.

 

Manitowoc undertakes no obligation to update or revise forward-looking statements, whether as a result of new information, future events or otherwise. Forward-looking statements only speak as of the date on which they are made. Information on the potential factors that could affect the company’s actual results of

 

 



 

operations is included in its filings with the Securities and Exchange Commission, including but not limited to its Annual Report on Form 10-K for the fiscal year ended December 31, 2007.

 

 

This excerpt taken from the MTW 8-K filed Jan 2, 2009.

Forward-looking Statements

 

This press release includes “forward-looking statements” intended to qualify for the safe harbor from liability under the Private Securities Litigation Reform Act of 1995. Any statements contained in this press release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.   These statements are based on the current expectations of the management of the company and are subject to uncertainty and changes in circumstances.  Forward-looking statements include, without limitation, statements typically containing words such as “intends,” “expects,” “anticipates,” “targets,” “estimates,” and words of similar import.  By their nature, forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future.  There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements.  Factors that could cause actual results and developments to differ materially include, among others:

 

·  the final net purchase price of the transaction, after all adjustments, taxes, fees, and expenses;

·   the basis and book value of the businesses being sold;

·  the applicable tax rate; and

·  risks and other factors cited in the company’s  filings with the United States Securities and Exchange Commission.

 

Manitowoc undertakes no obligation to update or revise forward-looking statements, whether as a result of new information, future events, or otherwise. Forward-looking statements only speak as of the date on which they are made.  Information on the potential factors that could affect the company’s actual results of operations is included in its filings with the Securities and Exchange Commission, including but not limited to its Annual Report on Form 10-K for the fiscal year ended December 31, 2007.

 



 

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