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Profit for Hasbro Inc. fell 6.4 percent to $130.3 million, or 99 cents per diluted share, in the fourth quarter of 2012 and 12.8 percent to $336 million, or $2.55 per diluted share, for 2012 as a whole, the company announced after markets closed Thursday.
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By PBN Staff
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The A.T. Cross Co., a producer of high-end writing utensils and other personal accessories, announced in a press release late Monday that it is “exploring strategic alternatives” for its Cross Accessory Division.
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By PBN Staff
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Orders placed with U.S. factories increased less than forecast in December, reflecting a drop in non-durable goods that partly countered gains in construction equipment and computers
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By Michelle Jamrisko |
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Sensata Technologies N.V. reported a bottom line of $177.5 million, or 98 cents per diluted share, for 2012, versus profit of $6.5 million, or 4 cents per diluted share, reported during 2011.
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By PBN Staff
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William J. Murray has been appointed president of Teknor Apex Co., the international polymer technology company announced today.
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By PBN Staff
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Juvenile health, safety and wellness product maker Summer Infant Inc. has separated the positions of CEO and chairman of the board of directors, naming Dan Almagor as chairman.
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By PBN Staff
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Medical technology maker Covidien PLC reported first-quarter earnings of $493 million, or $1.03 per diluted share, a slight decrease from the $494 million, or $1.02 per diluted share, reported for the first-quarter of its fiscal 2012.
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By PBN Staff
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Textron Inc. – parent of Bell Helicopter, Cessna Aircraft Company and Textron Systems – posted net income of $148 million, or 51 cents per share, in the fourth quarter of 2012, reversing the $19 million, or 7 cents per share, loss for the same 2011 period.
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By PBN Staff
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ATW Companies, a provider of highly engineered metal manufacturing solutions, has relocated its Metalform product line manufacturing operations to ATW’s Rhode Island facility.
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By PBN Staff
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Chronic delays and concerns over poor workmanship have prompted Massachusetts Bay Transportation Authority official to threaten cancelation of the $190 million double-decker rail car construction contract with Hyundai Rotem, the Boston Globe reported.
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By PBN Staff
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