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John P. Gavin, CFA, is the founder and CEO of Disclosure Insight®, an independent publisher of investment research. Mr. Gavin has spent his entire career of over 25 years in the financial services industry. Prior to starting “DI” in 2000, he worked as an equity analyst and portfolio manager with... More
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  • Briggs & Stratton Announces Upcoming Restructuring And Impairment Charges 0 comments
    Jan 26, 2012 3:12 PM | about stocks: BGG

    Briggs & Stratton (NYSE: BGG announced that it plans to record up to $50 million of restructuring charges during fiscal 2012 in connection with 2 facilities consolidations and a capacity reduction at a facility in Missouri. The restructuring charges are expected to include at least $35 million of asset impairment charges. To give some perspective, BGG recorded asset impairment charges in FY07 and FY09 totaling $48 million.

    Stocks: BGG
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