Regal Beloit (RBC) advances on closing its deal with Rexnord. On completion, the combination of Regal Beloit and Rexnord's PMC business will become a major provider of power transmission solutions.
Regal Beloit (RBC) receives necessary approvals from its shareholders in a special meeting held recently. This will help close the Rexnord deal early in fourth-quarter 2021.
Regal Beloit's (RBC) VGreen Evo variable speed motor delivers energy savings of roughly 80% compared to the standard single speed motors.
Rexnord (RXN) is poised to benefit from its diversified business structure, solid demand for products, acquired assets and shareholder-friendly policies.
RXN earnings call for the period ending June 30, 2021.
Rexnord (RXN) delivered earnings and revenue surprises of 16.00% and 4.42%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Investors may want to pay closer attention to earnings quality metrics when thinking about what to Buy, Hold, and Sell going into second-quarter earnings season.
The Techncial Trigger Driven Option Trade Right Before Rexnord Corp (NYSE:RXN) Earnings.