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Finning International Inc (FTT.TO)

FTT.TO on Toronto Stock Exchange

26.83CAD
9 Dec 2016
Change (% chg)

$-0.15 (-0.56%)
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$26.98
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Volume
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469,199
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$28.02
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Latest Key Developments (Source: Significant Developments)

Finning Q2 adjusted earnings per share C$0.20
Wednesday, 3 Aug 2016 06:00am EDT 

Finning International Inc : Finning reports Q2 2016 results . Q2 adjusted earnings per share C$0.20 . Q2 earnings per share C$0.03 . Q2 earnings per share view C$0.20 -- Thomson Reuters I/B/E/S . Qtrly revenue $1,310 million versus $1,680 million .Q2 revenue view C$1.36 billion -- Thomson Reuters I/B/E/S.  Full Article

Finning announces renewal of share repurchase program
Monday, 9 May 2016 09:00am EDT 

Finning International Inc : Says to purchase for cancellation up to 16.8 million of its common shares .Finning announces renewal of share repurchase program.  Full Article

Finning International Inc swings to loss; to cut more jobs - Reuters
Thursday, 18 Feb 2016 09:41am EST 

Finning International Inc:Finning International Inc, swung to a quarterly loss and said it would cut more jobs.- 0 RTRS.The company, which cut 13 percent of its global workforce last year, said it would cut another 400-500 jobs by mid-2016.  Full Article

Finning Announces Board Chair Succession and Board Appointment
Thursday, 18 Feb 2016 09:01am EST 

Finning International Inc:Says that as part of ongoing board renewal Doug Whitehead will step down as Chairman of the Board at the Company's Annual General Meeting (AGM) on May 4, 2016.Whitehead, who has been Chairman of the Board since 2008 and a member of the Board since 1999, will remain on the Board of Directors, subject to his re-election to the Board at the AGM.Mike Wilson will succeed Whitehead as Chairman of the Board of Directors on May 4, 2016, also subject to his re-election to the Board.Appointment of Stuart Levenick to the company's Board of Directors effective March 1, 2016.  Full Article

Finning International Inc to cut more jobs, shut outlets - Reuters
Thursday, 12 Nov 2015 10:05am EST 

Finning International Inc:Finning International Inc said on Thursday it would cut another 1,100 jobs in Canada and South America and close 11 Canadian locations due to weak sales - RTRS.The latest job cuts bring the total to 1,900 this year, or 13 percent of the company's global workforce - RTRS.Finning said it would shut 11 facilities in Western Canada to reduce costs. The company had already announced the closure of 16 locations in the country - RTRS.The company said it would cut 450 jobs in Canada, bringing the total job cuts to 1,100 in the country this year - RTRS.About 550 jobs will be cut in South America, bringing the total cuts in the region to 1,200 since mid-2013. The latest cuts also include 100 jobs in the UK and Ireland - RTRS.  Full Article

Finning International Inc declares dividend
Thursday, 6 Aug 2015 09:00am EDT 

Finning International Inc:Approves a quarterly dividend of $0.1825 per share, payable on Sept. 3 to shareholders of record on Aug. 20.  Full Article

Finning announces completion of acquisition of Cat(R) Dealership in Saskatchewan
Thursday, 2 Jul 2015 09:00am EDT 

Finning International Inc:Has completed its acquisition of the operating assets of the Cat dealership of Kramer Ltd. and is the approved Cat dealer in Saskatchewan.The acquired dealership business combines Finning's Western Canadian operations in British Columbia, Alberta, Yukon, Northwest Territories and part of Nunavut with Saskatchewan and diversifies the company's revenue base into sectors such as potash and uranium.  Full Article

Finning International to acquire Kramer Cat(R) Dealership
Wednesday, 6 May 2015 09:01am EDT 

Finning International Inc:Says it has reached an agreement to purchase the operating assets of the Cat dealership of Kramer Ltd. for about $230 mln.In support of this acquisition, Finning's financial and legal advisors were RBC Capital Markets and Borden Ladner Gervais LLP, respectively.  Full Article

Finning International Inc approves quarterly dividend
Wednesday, 6 May 2015 09:00am EDT 

Finning International Inc:Approves 2.8 pct increase in the quarterly dividend to $0.1825 per share from $0.1775 per share, payable on June 4, to shareholders of record on May 21.  Full Article

Finning International announces chief financial officer appointment
Tuesday, 10 Mar 2015 09:00am EDT 

Finning International Inc:Says the appointment of Steven Nielsen as the company's executive vice president and chief financial officer.  Full Article

BRIEF-Finning International reports Q3 EPS c$0.22

* Finning International Inc says board of directors has approved a quarterly dividend of $0.1825 per share