Federal Signal Corp. posted a lower quarterly profit Wednesday because of expenses related to newly acquired businesses and an increase in legal costs associated with ongoing litigation over its emergency sirens. The manufacturer reported third-quarter earnings of $2.5 million, or 4 cents a share, down from $4.4 million, or 9 cents a share, a year earlier. Get the full story »
Federal Signal
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Federal Signal names Martin president, CEO
Federal Signal Corp. said Monday that Dennis Martin has been named president and chief executive officer, following the resignation of William H. Osborne. Get the full story »
Federal Signal’s second quarter trails Street view
Security systems maker Federal Signal Corp posted quarterly results that missed Wall Street estimates, hurt by a drop in sales at its Fire Rescue segment, and said its near-term expectations have been tempered by economic conditions in Europe.
For the second quarter, the company reported a net loss of $0.4 million, or 1 cent a share, compared with $4.9 million, or 10 cents a share, a year ago. Get the full story »
Federal Signal moved to S&P SmallCap 600 index
Standard & Poor’s S&P said it will move Oak Brook-based Federal Signal Corp. to its SmallCap 600 index from the MidCap 400 index after the close of trading June 30. Federal Signal has a market capitalization of less than $380 million, making it more representative of the small cap space, S&P said in a statement. Get the full story »
