Company Financials – Page 44
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MPC posts 41 per cent revenue drop in Q4
The parent company of Chaparral and Robalo saw its loss widen to US$2.8m
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Marine business latest stock price review
In this week's share price review, Brunswick opens services all dealers and Twin Disc reports Q2 drop in sales
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Investors buy majority stake in Hunton
A group of investors headed by Arkle Partners LLP has purchased a majority stake in the UK's Hunton Powerboats in return for new capital
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Iridium reports net income down but operational earnings up
The satellite communications provider's income fell by 11.2 per cent due to acquisition costs, while operating earnings grew by 28.4 per cent for the third quarter of 2009
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Madoff yachts on auction next week
Auction company: "The guy is a scoundrel, but he did have good boats"
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Sly Yachts appeals to investors
Italian sailboat builder Sly Yachts appeals to its investors for support, as an Italian sailing magazine reports that the company is unable to honour its commitments
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Sealine posts 3.6m in losses for 2008
But turnover for the British yacht builder was up 16 per cent for the year ending December 31, 2008
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Genmar gets extended time period for reorganisation
The bankruptcy judge also ordered a 20-day exclusivity period for "Potential Stalking Horse" bidder
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Sanlorenzo limits drop in sales to six per cent
Italian superyacht builder Sanlorenzo bucks the trend for two-figure sales drops with an estimated sales volume of 170m for 2009
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New owners at Anytec Boats
A consortium of investors has acquired Sweden's Anytec Boats from its former owner, Fagerdala Marine Systems AB
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Brunswick revenues down 36 per cent
But losses in engines and boat segments are narrowing compared to a year ago
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Demand 'still weak' says Volvo Penta
Sales were down 32 per cent, but Swedish marine engine maker Volvo Penta made a profit in its third quarter thanks to cost-cutting measures
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Twin Disc reports lower Q1 sales
The propeller and transmission manufacturer also reported a net loss
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South Africa yacht brokers charged with fraud
Couple charged with bilking clients of yachts and charters out of millions of Rand
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Actuant reports 26 per cent drop in Q4 sales
But sales in its marine aftermarket segment rose
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Analyst: Brunswick a "compelling three-year earnings recovery story"
RBC Capital Markets raises Brunswick's target earnings rate to US$17
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