Last $5.84 USD
Change Today 0.00 / 0.00%
Volume 1.2K
TECUB On Other Exchanges
As of 8:10 PM 04/23/14 All times are local (Market data is delayed by at least 15 minutes).

tecumseh products co-class b (TECUB) Snapshot

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52 Week High
07/15/13 - $12.23
52 Week Low
04/15/14 - $5.61
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Average Volume 10 Days
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tecumseh products co-class b (TECUB) Details

Tecumseh Products Company manufactures and sells hermetically sealed compressors. The company offers air conditioning and refrigeration compressors, as well as condensing units, heat pumps, and refrigeration systems. Its products are used in commercial refrigeration applications, including walk-in coolers and freezers, ice makers, dehumidifiers, water coolers, food service equipment and refrigerated display cases, and vending machines; household refrigerators and freezers; and residential and specialty air conditioning, and heat pumps comprising window air conditioners, packaged terminal air conditioners, and recreational vehicle and mobile air conditioners. The company also produces variable speed compressors for a range of mobile cooling applications that utilize battery and solar power, such as military, medical, telecommunications, aircraft, transportation, and automotive applications; and sub-assemblies, including indoor and outdoor condensing units, and multi-cell units. It market compressor and condensing unit products under the Tecumseh, Masterflux, Silensys, Celseon, and Vector brands. The company sells its products primarily through its sales staff, as well as independent sales representatives to original equipment manufacturers and authorized wholesale distributors in 103 countries. Tecumseh Products Company was founded in 1930 and is headquartered in Ann Arbor, Michigan.

5,800 Employees
Last Reported Date: 03/5/14
Founded in 1930

tecumseh products co-class b (TECUB) Top Compensated Officers

Chief Executive Officer, President, Secretary...
Total Annual Compensation: $500.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $350.0K
Compensation as of Fiscal Year 2012.

tecumseh products co-class b (TECUB) Key Developments

Tecumseh Products Company Announces Earnings Results for the Ended December 31, 2013

Tecumseh Products Company announced earnings results for the ended December 31, 2013. For the year, the company's sales was $823 million, after excluding the effect of unfavorable change of translation of $24 million. Other income was $21.4 million compared with $22.3 million in 2012 or a decrease of $0.9 million. Loss from continuing operations before taxes was $26.7 million compared to income from continued operations before taxes of $12.9 million in 2012, which includes $45 million of income related to a postretirement benefits curtailment gains. EBITDA from continuing operations was $14.5 million or 1.8% of net sales, as compared to $56.3 million or 6.6% of net sales for the same period in 2012. EBITDAR from continuing operations was $28.1 million or 3.4% of net sales, as compared to 2012 or $15.7 million or 1.8% of net sales.

Tecumseh Products Company Announces Executive Appointments

Tecumseh Products Company announced that Igor Popov will be joining as Chief Restructuring Officer. Mr. Popov will have a dual reporting relationship to Jim Connor, the company's President and Chief Executive Officer as well as directly to the Board of Directors. Also joining the company is Jerry Mosingo as Executive Vice President of Operations. Mr. Mosingo will report directly to Mr. Popov and have responsibility for all plant Operations and Quality worldwide.

Tecumseh Products Company to Report Q4, 2013 Results on Mar 04, 2014

Tecumseh Products Company announced that they will report Q4, 2013 results at 5:00 PM, Eastern Standard Time on Mar 04, 2014


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