QUOTE AND NEWS
Motley Fool  Nov 3  Comment 
Quarterly earnings from Rexnord Corp. didn't leave investors very inspired today.
Motley Fool  Oct 24  Comment 
An analyst upgrade helped push shares of Rexnord Corp. higher today.
Automotive World  Aug 24  Comment 
Rexnord Corporation (NYSE: RXN) today announced that it will participate in the Vertical Research Partners 2016 Industrials Conference at the Water’s Edge Resort and Spa in Westbrook, CT on September 8, 2016, starting at 8:00...
Automotive World  Aug 2  Comment 
Rexnord Corporation (NYSE:RXN): First Quarter Highlights Net sales were $472 million and down 3% year over year. Core sales(1) declined 1%, excluding the 2% impact of the RHF product line exit, while acquisitions contributed 1% and foreign...
Benzinga  Apr 26  Comment 
Rexnord Corporation (NYSE: RXN) revealed its decision to exit a product line in its Water Management platform and the contribution of this product line to consolidated operating results in its fourth quarter and full year. Rexnord said that as...
Forbes  Feb 9  Comment 
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that...




 

Rexnord Corporation (NYSE:RXN)


Business Overview

New Updates

The company's initial public offering of stock on the NYSE occurred on March 28, 2012. The company offered 23.7M shares each for $18. This was at the low end of the initial price range of $18-$20. The deal raised a total of approximately $426M. The lead mangers of the deal were BofA Merrill Lynch, Goldman, Credit Suisse, Deutsche Bank, and Barclays.[1]

Trends & Forces

  1. Renaissance Capital - IPO Home "Rexnord prices IPO at $18, low end of the range" 28 March 2012
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