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ANN ARBOR, Mich., March 11 /PRNewswire-FirstCall/ — Tecumseh Products Company (Nasdaq – TECUA, TECUB), a leading global manufacturer of compressors and related products, today reported a net loss of $30.5 million, or $1.65 per diluted share, for the fourth quarter of 2009, compared with a net loss of $63.3 million, or $3.43 per diluted share, in the same period in 2008.
The fourth quarter net loss from continuing operations was $26.8 million, or $1.45 per
Continue reading: Tecumseh Products Company Reports Fourth-Quarter and Full Year 2009 Results
WATERTOWN, Mass., March 9, 2010 (GLOBE NEWSWIRE) — A123 Systems (Nasdaq:AONE), a developer and manufacturer of advanced Nanophosphate™ lithium ion batteries and battery systems, today announced financial results for the fourth quarter and full year ended December 31, 2009.
David Vieau, CEO of A123 Systems, said, "The fourth quarter capped off a record year for A123 Systems and our momentum is strong entering 2010. In recent months we signed new or expanded relationships with Fisker Automotive
Continue reading: A123 Systems Announces Fourth Quarter and Full Year 2009 Financial Results
ANN ARBOR, Mich., March 2 /PRNewswire/ — Tecumseh Products Company (Nasdaq: TECUA, TECUB) announced today that it will release its 2009 fourth quarter and full-year financial results after the market close on Tues., March 9, 2010. The company will broadcast its financial results conference call live over the Internet on Wed., March 10, 2010 at 11:00 a.m. Eastern.
Those who wish to listen to this conference call should visit the Investor Relations section of the Company’s
Continue reading: Tecumseh Products Company Announces Fourth Quarter 2009 Earnings Call
Settlement involves no additional financial contribution by the Company
January 13, 2010 – Arotech Corporation (NasdaqGM: ARTX) announced today that it has reached an agreement with lead plaintiffs to settle the consolidated putative securities class-action lawsuit originally filed in March 2007 in the United States District Court for the Eastern District of Michigan.
Under the terms of the proposed settlement, the lawsuit will be dismissed with prejudice, and Arotech and all current and former officers and
Continue reading: Arotech Reaches Settlement in Securities Class-Action Litigation
Multi-Wavelength LIDAR Will Measure Atmospheric Properties for Climate Change, Atmospheric Chemistry, and Air Quality
Michigan Aerospace Corporation, an advanced engineering and products company, today announced that it was awarded a $1.5 million grant under the National Institute of Standards and Technology (NIST) Measurement Science and Engineering Research Grants Program, funded through the American Recovery and Reinvestment Act.
Michigan Aerospace will develop and deploy a multi-wavelength Light Detection and Ranging (LIDAR) system that will measure properties of
Continue reading: Michigan Aerospace Awarded NIST Grant
ANN ARBOR, Mich., Jan. 8 /PRNewswire-FirstCall/ — Tecumseh Products Company (NASDAQ:TECUA) (NASDAQ:TECUB) , a leading global manufacturer of compressors and related products, announced today that James J. Connor has been named vice president, treasurer and chief financial officer, effective immediately. Connor has broad experience with manufacturing companies at the CFO and CEO levels and as a strategic advisor.
Connor’s appointment follows the Company’s Dec. 23 announcement that Michael A. Noelke has been named executive vice president,
Continue reading: James J. Connor Joins Tecumseh Products as Vice President and Chief Financial Officer
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Ann Arbor, MI