Company Financials – Page 46
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Garmin reports 24% gain in marine sales
Growth in the fourth quarter came from its updated line of chartplotters and fishfinders as well as its recently acquired Navionics product line
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FLW gets big sponsor, bigger investor
Walmart will become long-term sponsor in 2011, while oil magnate T. Boone Pickens has signed on as a partner
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ESPN to sell BASS LLC to private investment group
The investment group is comprised of a former ESPN host and former president of Time Warner
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Marine business latest stock price review
In this week's share price review, Caterpillar profit in second quarter, FLIR Sysytems release financial results
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Marine business latest stock price review
In this week's share price review, Bnteau reports Q3 sales, Garmin completes incorporation transfer, operations improve at Poncin Yachts and Yamaha Marine Group names new president
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Operations improve for Poncin
French boatbuilder Groupe Poncin Yachts releases its first semester results for 2009/2010 and reports that its order book grew 'comfortably' through the autumn
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Buenos Aires marina and moorings forum
The 2nd National Nautical Forum will take place on August 26-27 at Punta Chica Marina in Parque Nutico San Fernando
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Alexandre Rodriguez resigns as Rodriguez Group chairman
Company founder Gerard Rodriguez takes over as chairman
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MIT receives Investors in People award
The UK's Marine & Industrial Transmissions (MIT) was honoured for its long-standing commitment to employee training
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Investors acquire majority stake in Sunseeker
A group of investors led by FL Partners, a Dublin-based private equity firm, have acquired a majority stake in the UK boatbuilder for 25m
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Marine business latest stock price review
In this week's share price review, Brunswick, West Marine, MPC, Cummins, Teleflex and Caterpillar all release Q1 results, Raymarine take over latest and Bayliner recruits more staff,
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Brunswick sees 15 per cent sales gain in Q1, and posts first quarterly operating profit in two years
Its stock jumps 16 per cent in early morning trading
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Oceanco changes ownership
Superyacht builder Oceanco has been acquired by Mohammed Al Barwani, a private investor based in the Sultanate of Oman
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Volvo Penta goes from loss to profit
The company has reported improved profitability and growing sales during the three months ended March 31, 2010
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Elan chairman expects to emerge from receivership in May
But the Slovenian firm is selling one of its boatbuilding facilities in Croatia
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Two analysts cite near-term caution on Brunswick
But both say the company has significant long-term earnings potential
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Actuant reports stronger Q2 results
While sales are flat with Q2 2009, they are up since the last quarter
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West Marine reports strong gains in 2009
The US accessories retailer finished the year debt-free, with a record amount of cash on hand. Net income reached US$12.4m in 2009, a gain of US$51.2m compared to fiscal 2008