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Magnetek News (NYSE:MAG)

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12/19/20118:45AMBWMagnetek Amends Revolving Credit Facility
Magnetek, Inc. (the “Company”) (NYSE: MAG), a leading provider of digital power and motion control systems, announced today that it has entered into an amendment of its revolving credit facility with Associated Bank, National Association, which extends the facility through June 2013. The amended credit facility also... More...>>
12/09/20115:05PMBWMagnetek to Transfer Stock Exchange Listing to NASDAQ
Magnetek, Inc. (the “Company”) (NYSE: MAG), a leading provider of digital power and motion control systems, announced today that it will voluntarily transfer its stock exchange listing from the New York Stock Exchange (“NYSE”) to the NASDAQ Global Market (“NASDAQ”), an exchange of the NASDAQ OMX Group Inc... More...>>
11/30/20115:05PMBWMagnetek Announces Reverse Stock Split Effective December 5, 2011
Magnetek, Inc. (“Magnetek” or the “Company”) announced today that it has filed a Certificate of Amendment to the Company’s Restated Certificate of Incorporation with the Secretary of State of the State of Delaware to effect a 1-for-10 reverse stock split of its common stock that will become effective at 12:01... More...>>
11/17/20115:05PMBWMagnetek Announces Planned 1-For-10 Reverse Stock Split
Magnetek, Inc. (“Magnetek” or the “Company”) announced today that its Board of Directors has approved a 1-for-10 reverse split of its common stock. As previously disclosed in the Form 8-K filed November 10, 2011, the Company’s stockholders approved an amendment to Magnetek’s Restated Certificate of Incorporation... More...>>
11/16/20118:45AMBWMagnetek Announces First Quarter Results
Magnetek, Inc. (NYSE: MAG): Net sales for Q1 of Transition Period 2011 increased 17% over prior year Q1 sales to $29.2 million. Income from continuing operations increased significantly to nearly $2.0 million, or $.06 per share, compared to prior year Q1 income from continuing operations of $0.7 million, or $.02 per share... More...>>
11/07/20118:45AMBWMagnetek Receives Final Approval of Pension Funding Waiver
Magnetek, Inc. (“Magnetek” or “the Company”) (NYSE: MAG) announced today that the Company received final approval of its request for a waiver of the minimum funding requirements of the Company’s defined benefit pension plan (the “Plan”) for the 2011 plan year. The amount of the funding waiver requested was... More...>>
11/03/20118:45AMBWNew York Stock Exchange Accepts Magnetek’s Continued Listing Plan
Magnetek, Inc. (“Magnetek” or the “Company”) (NYSE: MAG) today announced that the New York Stock Exchange (“NYSE”) notified the Company that it has accepted the Company's proposed plan for continued listing on the NYSE. The Listings and Compliance Committee (the “Committee”) of the NYSE has chosen, at its... More...>>
10/31/20118:45AMBWMagnetek Provides Update on New York Stock Exchange Issues
Magnetek, Inc. (“Magnetek” or the “Company”) today provided an update of its ongoing communications with the New York Stock Exchange (“NYSE”). Magnetek’s Continued Listing Plan Submitted to the NYSE The NYSE notified the Company on October 26, 2011, that it is reviewing the Company’s proposed plan for continued... More...>>
10/25/20118:45AMBWMagnetek Receives Conditional Approval of Pension Funding Waiver
Magnetek, Inc. (“Magnetek” or “the Company”)(NYSE: MAG) announced today that the Company received conditional approval of its request for a waiver of the minimum funding requirements of the Company’s defined benefit pension plan (the “Plan”) for the 2011 plan year. The amount of the funding waiver requested... More...>>
10/17/20115:20PMBWMagnetek, Inc. to Hold its Annual Stockholder Meeting on November 9th & Announce its Transition Period 2011 First Quarter Res...
On November 9, 2011 at 11:00 a.m. Eastern Standard Time Magnetek, Inc. (“Magnetek” or “the Company”) (NYSE: MAG) will hold its annual meeting of stockholders at its headquarters in Menomonee Falls, Wis. The meeting will be chaired by the Company’s chairman, Mitchell Quain, and following the proceedings, the Company’s... More...>>
10/10/20118:45AMBWMagnetek Previews First Quarter Results
Magnetek, Inc. (“Magnetek” or “the Company”) (NYSE:MAG) today previewed its expected results for the first quarter of transition period 2011, which ended October 2, 2011. The Company currently expects revenue for the first quarter of transition period 2011 of approximately $29.0 million, roughly equivalent to bookings... More...>>
09/09/20115:05PMBWMagnetek, Inc. Receives Notice from NYSE of Falling Below Continued Listing Standards
Magnetek, Inc. (“Magnetek” or the “Company”) announced today that, on September 8, 2011, the Company received notification from NYSE Regulation of being below the continued listing standards of the New York Stock Exchange (“NYSE”). The Company is considered below criteria established by the NYSE because the... More...>>
08/17/20118:45AMBWMagnetek Announces Fourth Quarter and Fiscal 2011 Results
Magnetek, Inc. (“Magnetek” or “the Company”) (NYSE: MAG) today reported the results of its 2011 fiscal year and fourth quarter ended July 3, 2011. Fourth Quarter Results In its fourth quarter of fiscal 2011 Magnetek recorded revenue of $31.1 million, a 28% increase from the fourth quarter of fiscal 2010 and a 12... More...>>
08/09/20115:05PMBWMagnetek Announces Election of Directors and Fiscal Year Change
Magnetek, Inc. (“Magnetek” or the “Company”) (NYSE: MAG), a leading provider of digital power and motion control systems, announced today that it increased the size of its Board of Directors to six members and elected Alan B. Levine and Peter M. McCormick to fill the new Board seats, effective August 4, 2011. Alan... More...>>
07/25/20118:45AMBWMagnetek, Inc. to Announce Its Fiscal 2011 Results on August 17th
On August 17, 2011, before commencement of trading on the New York Stock Exchange, Magnetek, Inc. (“Magnetek” or “the Company”) (NYSE: MAG) will announce the results of its 2011 fourth quarter and fiscal year, which ended on July 3, 2011. A conference call with Magnetek management will follow at 11:00 a.m. Eastern... More...>>
06/22/20118:45AMBWMagnetek Regains Compliance with NYSE Listing Standards
Magnetek, Inc. (“Magnetek” or the “Company”) (NYSE: MAG), a leading provider of digital power and motion control systems, announced today it received notification from the New York Stock Exchange (“NYSE”) that the Company has regained compliance with the NYSE’s continued listing standards. Magnetek’s reinstatement... More...>>
05/11/20118:45AMBWMagnetek to Present at 12th Annual B. Riley Investor Conference
Magnetek, Inc. (NYSE: MAG), a leading provider of digital power and motion control systems, today announced that its chief executive officer, Peter McCormick, will be presenting at the B. Riley & Co. 12th Annual Investor Conference being held at the Loews Santa Monica Beach Hotel, Santa Monica, CA. The presentation will... More...>>
05/04/20118:45AMBWMagnetek Announces Third Quarter Fiscal 2011 Results
Magnetek, Inc. (“Magnetek” or “the Company”)(NYSE: MAG) today reported the results of its 2011 fiscal third quarter ended April 3, 2011. Third Quarter Results In its third quarter of fiscal 2011, Magnetek recorded revenue of $27.8 million, a 45% increase from the third quarter of fiscal 2010 and a 7% sequential... More...>>


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