Key Developments For Mobile Mini, Inc.
Mobile Mini, Inc. (MINI.O) (Nasdaq)
Mobile Mini, Inc. Suspends Pratice Of Proving Annual Guidance
Mobile Mini, Inc. announced that it is suspending our practice of providing annual guidance.
Mobile Mini, Inc. Files $300 Million Mixed Securities Shelf-DJ
Dow Jones reported that Mobile Mini, Inc. filed with the Securities and Exchange Commission to sell up to $300 million in mixed securities from time to time. The mixed securities include common and preferred stock, debt securities, guarantees of the Company and its subsidiaries with respect to the debt securities, warrants, and depositary shares. The Company said it will use net proceeds from the sale for general corporate purposes, which may include funding any future fleet and branch expansion, additions to working capital and the repayment of debt.
Mobile Mini, Inc. Announces Restructuring Of Its Manufacturing Operations
Mobile Mini, Inc. announced that that as a result of the merger with Mobile Storage Group (MSG) and the successful consolidation of its North American locations, the Company is leveraging its combined fleet to satisfy the portable storage needs of its customers served by these 80 branches. As a result, Mobile Mini is restructuring its manufacturing operations by reducing overhead and laying off approximately 135 employees or 90% of the workforce at its Maricopa, Arizona manufacturing facility.
Mobile Mini, Inc.'s Executive Vice President And Chief Financial Officer Lawrence Trachtenberg To Retire At Year End
Mobile Mini, Inc. announced that Lawrence Trachtenberg, its Executive Vice President and Chief Financial Officer since December 1995, will retire at the end of 2008 to spend more time with his family. Mr. Trachtenberg had also been the Company's General Counsel until June of this year, when he ceded the position to Chris Miner. He will continue to serve on the Company's Board of Directors after his retirement and will become a part-time advisor to the Company.
Mobile Mini, Inc. Lowers High End Of Prior FY 2008 EPS Guidance To A Range In Line With Analysts' Estimates
Mobile Mini, Inc. announced that it has fine-tuned its non-GAAP earnings guidance for fiscal 2008 to between $1.50 and $1.55 per diluted share (EPS). According to Reuters Estimates, analysts on average are expecting the Company to report EPS of $1.52 for the same period.
