Benzinga  Aug 12  Comment 
Wedbush analyst David Rose said that there is a "sense" that water stocks are "approaching the bottom in earnings." However, he cautioned that there are still headwinds. In total, there is a "need to replenish this backlog soon in order to drive...
Motley Fool  May 21  Comment 
Slow growth is dragging down this industrial manufacturer today.
TheStreet.com  May 21  Comment 
NEW YORK (TheStreet) -- Rexnord Corp. was downgraded to "neutral" from "outperform" at Wedbush on Thursday. The firm said it lowered its rating on the multi-platform industrial company as it sees fewer catalysts over the next year given the...
Forbes  Feb 11  Comment 
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money.  So let's look at two noteworthy recent insider buys.
Benzinga  Feb 9  Comment 
Rexnord Corporation (NYSE: RXN) today announced that its Board of Directors has authorized the Company to repurchase up to $200 million of the Company's common stock. The repurchases may be made in open market purchases, privately-negotiated...
TheStreet.com  Feb 6  Comment 
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.  TheStreet Ratings quantitative algorithm...


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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