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Brunswick Corp (BC.N)

BC.N on New York Stock Exchange

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19 Nov 2018
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Latest Key Developments (Source: Significant Developments)

Brunswick Corporation Brunswick Announces CEO Transition
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Brunswick Corp ::ORATION : BRUNSWICK ANNOUNCES CEO TRANSITION.SAYS CEO AND CHAIRMAN OF THE BOARD MARK SCHWABERO TO RETIRE.MANNY FERNANDEZ TO BECOME NON-EXECUTIVE CHAIRMAN.MARK SCHWABERO TO RETIRE AT END OF 2018,.MANNY FERNANDEZ TO BECOME NON-EXECUTIVE CHAIRMAN.MARK SCHWABERO TO RETIRE AT END OF 2018, SUCCEEDED BY DAVID FOULKES.FERNANDEZ WAS FORMERLY CHAIRMAN AND CHIEF EXECUTIVE OFFICER OF GARTNER GROUP.  Full Article

Brunswick Entered Into Amended And Restated Credit Agreement
Friday, 28 Sep 2018 

Sept 28 (Reuters) - Brunswick Corp ::BRUNSWICK CORP - ON SEPTEMBER 26, 2018, CO ENTERED INTO AN AMENDED AND RESTATED CREDIT AGREEMENT - SEC FILING.BRUNSWICK CORP - REVOLVING CREDIT AGREEMENT PROVIDES FOR EXTENDING MATURITY DATE TO SEPTEMBER 26, 2023, WITH UP TO TWO ONE-YEAR EXTENSIONS AVAILABLE.BRUNSWICK - CREDIT AGREEMENT PROVIDES FOR INCREASED REVOLVING COMMITMENTS OF $400 MILLION, CAPACITY TO ADD UP TO $100 MILLION OF REVOLVING COMMITMENTS.  Full Article

Brunswick, MRAA Partner For Healthcare And Extended Service Contracts
Wednesday, 26 Sep 2018 

Sept 26 (Reuters) - Brunswick Corp ::BRUNSWICK CORPORATION : BRUNSWICK AND THE MRAA PARTNER FOR HEALTHCARE AND EXTENDED SERVICE CONTRACTS.BRUNSWICK - BRUNSWICK DEALER ADVANTAGE (BDA), AND MARINE RETAILERS ASSOCIATION OF AMERICAS ANNOUNCED A PARTNERSHIP.  Full Article

Brunswick Corp Elects Joseph Mcclanathan To Board Of Directors
Tuesday, 17 Jul 2018 

July 17 (Reuters) - Brunswick Corp ::BRUNSWICK CORPORATION : BRUNSWICK CORPORATION ELECTS JOSEPH MCCLANATHAN TO BOARD OF DIRECTORS.BRUNSWICK CORP - WITH ADDITION OF MCCLANATHAN, TOTAL NUMBER OF MEMBERS OF BRUNSWICK BOARD OF DIRECTORS INCREASES TO 11.  Full Article

Genstar Capital To Sell Power Products' Global Marine And Mobile Business To Brunswick Corp
Friday, 29 Jun 2018 

June 29 (Reuters) - Brunswick Corp ::PRESS RELEASE - GENSTAR CAPITAL ANNOUNCES AGREEMENT TO SELL POWER PRODUCTS' GLOBAL MARINE AND MOBILE BUSINESS TO BRUNSWICK CORPORATION.GENSTAR CAPITAL - UPON COMPLETION OF DEAL, GENSTAR WILL CONTINUE TO OWN ELECTRICAL CONSTRUCTION & MAINTENANCE BUSINESS OF POWER PRODUCTS.  Full Article

Brunswick To Buy Power Products' Global Marine & Mobile Business
Friday, 29 Jun 2018 

June 29 (Reuters) - Brunswick Corp ::BRUNSWICK CORPORATION : BRUNSWICK TO ACQUIRE POWER PRODUCTS' GLOBAL MARINE & MOBILE BUSINESS; WILL ENHANCE MERCURY MARINE'PARTS & ACCESSORIES ENTERPRISE.BRUNSWICK CORP - DEAL FOR FOR $910 MILLION IN CASH.BRUNSWICK CORP - WILL BE USING A COMBINATION OF DEBT AND CASH ON ITS BALANCE SHEET TO FUND ACQUISITION.  Full Article

Marinemax Provides Update On Sea Ray
Monday, 25 Jun 2018 

June 25 (Reuters) - MarineMax Inc ::MARINEMAX PROVIDES UPDATE ON SEA RAY.COMMENTED ON BRUNSWICK RETAINING OWNERSHIP OF ITS BOAT BRAND SEA RAY.SEA RAY BRAND ACCOUNTED FOR ABOUT 23% OF CO'S FISCAL 2017 REVENUE; IT WILL BE ABLE TO REPLACE SEA RAY SPORT YACHT AND YACHT REVENUE.  Full Article

Brunswick Says Co To Retain And Reinvent Sea Ray Business
Monday, 25 Jun 2018 

June 25 (Reuters) - Brunswick Corp ::BRUNSWICK CORPORATION : BRUNSWICK TO RETAIN AND REINVENT SEA RAY BUSINESS.BRUNSWICK CORP - DISCONTINUE SEA RAY SPORT YACHT AND YACHT MODELS AND WIND DOWN PRODUCTION IN 2018.BRUNSWICK CORP - WILL RESTRUCTURE SEA RAY TO FOCUS ON GROWTH OPPORTUNITIES IN SPORT BOAT AND CRUISER.BRUNSWICK CORP - WILL DISCONTINUE SEA RAY SPORT YACHT AND YACHT MODELS, RESULTING IN WIND DOWN OF YACHT PRODUCTION IN Q3 OF 2018.BRUNSWICK CORP - SEA RAY WILL BEGIN TO WIND DOWN SPORT YACHT AND YACHT PRODUCTION IN Q3, INVOLVING ELIMINATION OF AS MANY AS 825 POSITIONS.BRUNSWICK CORP - "PALM COAST IS TARGETED FOR CLOSURE AS SOON AS PRACTICAL IN 2018".  Full Article

Brunswick Corp Qtrly EPS $0.91
Thursday, 26 Apr 2018 

April 26 (Reuters) - Brunswick Corp ::BRUNSWICK RELEASES FIRST QUARTER 2018 EARNINGS.QTRLY EPS OF $0.91.FOR THE FIRST QUARTER OF 2018, BRUNSWICK REPORTED NET SALES OF $1,155.4 MILLION, UP FROM $1,082.1 MILLION A YEAR EARLIER.QTRLY ADJUSTED DILUTED EPS WAS $1.01.Q1 EARNINGS PER SHARE VIEW $0.94, REVENUE VIEW $1.15 BILLION -- THOMSON REUTERS I/B/E/S.SAYS "OUR OUTLOOK FOR 2018 REMAINS GENERALLY CONSISTENT WITH OUR RECENTLY PROVIDED THREE-YEAR STRATEGIC PLAN".RAISING LOWER END OF REVENUE GUIDANCE FOR 2018 AND NOW EXPECT REVENUE GROWTH OF 6 PERCENT TO 7 PERCENT IN 2018.EXPECT MARINE BUSINESSES' TOP-LINE PERFORMANCE TO BENEFIT FROM CONTINUATION OF SOLID GLOBAL MARKET GROWTH.SAYS NARROWING RANGE FOR FULL-YEAR EXPECTATIONS OF DILUTED EPS, AS ADJUSTED, TO $4.50 TO $4.65.FY2018 EARNINGS PER SHARE VIEW $4.60 -- THOMSON REUTERS I/B/E/S.FY2018 REVENUE VIEW $4.78 BILLION -- THOMSON REUTERS I/B/E/S.OPERATING EXPENSES ARE ESTIMATED TO INCREASE IN 2018.  Full Article

Brunswick Corporation Intends To Sell Sea Ray
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Brunswick Corp ::BRUNSWICK CORPORATION : BRUNSWICK CORPORATION INTENDS TO SELL SEA RAY.BRUNSWICK CORP - REAFFIRMING ITS RECENT EPS GUIDANCE AND TARGET RANGES FOR 2017, 2018 AND 2020 PLAN.BRUNSWICK - LAZARD'S MIDDLE MARKET ADVISORY ACTING AS CO'S INVESTMENT BANKER FOR SEA RAY DEAL, WHICH IS EXPECTED TO BE COMPLETED IN H1 2018.  Full Article

Deals of the day-Mergers and acquisitions

June 29 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday: