Diebold Inc. (DBD:NYSE)
Key News About Diebold Inc. (DBD)
In 2002, United Technologies Corp.'s security business didn't exist, and so the conglomerate's new deal with General Electric would have come as a shock at the time. Since then, UTC has invested more than $7 billion to assemble its Farmington-based Fire & Security unit, which sells a wide variety of equipment, from safes to safety equipment and controls for access and surveillance.
An integrated physical and logical security solution from Diebold, Incorporated enables Ascend Federal Credit Union to enhance security, improve efficiency, reduce information technology costs and simplify access management at its corporate headquarters in Tullahoma, Tenn.
Diebold Inc. couldn't pull enough money out of its ATMs and other related products and services for the third quarter to keep it from a loss. The Green ATM manufacturer and financial industry service provider reported Tuesday it lost more than $7.1 million, or 11 cents a share, on revenue of $645.2 million for the three months ending Sept. 30.
Diebold Inc. couldn't pull enough money out of its ATMs and other related products and services for the third quarter to keep it from a loss. The Green ATM manufacturer and financial industry service provider reported it lost more than $7.1 million, or 11 cents a share, on revenue of $645.2 million for the three months ending Sept. 30.
ATM maker Diebold Inc. on Tuesday posted a third-quarter loss as it absorbed a big loss on the sale of its voting machine business. But Diebold President and CEO Thomas W. Swidarski saw encouraging signs in the results, given the difficulties faced by its financial market customers.
-- Third quarter revenue down 26%, compared with record third quarter 2008 revenue -- Company records loss of $31.4 million, net of tax, on sale of Premier Election Solutions -- Significant improvement in YTD cash flow from operations and lower net debt* -- Service gross margin continues to improve -- Company tightens previous full-year guidance.
Modine Manufacturing Co., which makes heaters and air conditioners for cars and trucks, said Monday that Bradley Richardson will step down as chief financial officer and a director, effective Nov. 13. Richardson, 51, has accepted the CFO position at North Canton, Ohio-based ATM maker Diebold Inc., effective Nov. 23.
In the news release, Diebold Names Bradley C. Richardson Chief Financial Officer, issued Nov. 2, 2009 by Diebold, Incorporated over PR Newswire, we are advised by the company that the first paragraph, second sentence, should read "He will join the company and assume the CFO role effective November 23" rather than "effective November 16" as originally issued inadvertently.
Diebold, Inc. has entered into a $400 million and euro 75 million credit facility agreement with a group of banks. The new facility replaces a previous facility of around the same amount, which was scheduled to expire in April 2010. North Canton, Ohio-based Diebold provides integrated self-service delivery and security systems and services.

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