Bel Reports Second Quarter Record Sales; Net Earnings Increase to $0.25 Per Class A Share and $0.27 Per Class B Share
Business Wire - Wed Jul 30, 7:01AM CDT
Bel Fuse Inc. (NASDAQ:BELFA)(NASDAQ:BELFB) today announced preliminary financial results for the second quarter and first six months of 2014.
Bel Names Eric Nowling To Its Board of Directors
Business Wire - Wed Jul 30, 7:00AM CDT
BEL FUSE INC. (NASDAQ:BELFA) (NASDAQ:BELFB) announced today that Eric Nowling has been appointed to the company's Board of Directors. Mr. Nowling's appointment increases the number of Board members to ten, including nine outside Directors.
Bel Closes Acquisition of Emerson Network Power Connectivity Solutions
Business Wire - Fri Jul 25, 9:11AM CDT
Bel Fuse Inc. (NASDAQ:BELFA) (NASDAQ:BELFB) announced today that it has closed the previously announced acquisition of the Emerson Network Power Connectivity Solutions (CS) business from Emerson (NYSE:EMR). Bel acquired the Connectivity Solutions business for approximately $98 million on a cash and debt-free basis. The business had 2013 revenue of approximately $83 million and employs approximately 525 people. CS is headquartered in Bannockburn, Illinois, and has manufacturing facilities in North America, the U.K. and China (the China portion of the transaction is expected to close by the end of the third quarter of 2014). The acquisition is expected to be accretive to Bel's earnings beginning in the second half of 2014.
Bel to Release Second Quarter Results on Wednesday, July 30, 2014; Conference Call & Webcast Set for 11:00 a.m. EDT
GlobeNewswire - Tue Jul 22, 7:00AM CDT
BEL FUSE INC., (Nasdaq:BELFA) (Nasdaq:BELFB) will release financial results for the second quarter ended June 30, 2014 at approximately 7:30 a.m. EDT on Wednesday, July 30, 2014. Bel has scheduled a conference call at 11:00 a.m. EDT that morning to discuss its results for the quarter. To participate in the call, dial (720) 545-0088, conference ID #78153237.
Trinity Industries Rolls Up Meyer Steel
at The Street - Fri Jun 27, 9:25AM CDT
Deal valued at $600 million is Dallas manufacturer's fourth acquisition this year.
ABB completes the sale of Power-One's Power Solutions business to Bel Fuse
M2 - Mon Jun 23, 3:05AM CDT
ABB, the leading power and automation group, announced today it has completed the sale of Power-One's Power Solutions business to Bel Fuse Inc. (NASDAQ:BELFA and NASDAQ:BELFB), headquartered in Jersey City. The transaction, announced on April 28, closed on June 19, 2014.
Bel Closes Acquisition of ABB Power-One Solutions
Business Wire - Fri Jun 20, 7:00AM CDT
Bel Fuse Inc. (NASDAQ:BELFA and NASDAQ:BELFB) announced today that it has closed the previously announced acquisition of the Power-One Solutions business from ABB. Bel acquired the Power Solutions business for approximately $117 million on a cash and debt-free basis. The business had 2013 revenue of approximately $251 million and employs approximately 2,000 people with manufacturing facilities in Shenzhen, China and Dubnica nad Vahom, Slovakia. The acquisition is expected to be accretive to Bel's earnings beginning in the second half of 2014.
Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on its Class A and Class B Shares
Business Wire - Tue Jun 03, 7:01AM CDT
BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares.
Bel Fuse Names Anglia Components to European Distribution Network
Business Wire - Wed May 21, 2:17PM CDT
Bel Fuse Inc. (NASDAQ: BELFA) (NASDAQ: BELFB), a premier developer of fuses and magnetic-based solutions for high-speed networking and computer applications, announced today the signing of a distribution agreement with UK-based Anglia Components, a leading independent authorized distributor of semiconductors, optoelectronics, interconnect, passive and electromechanical components. The contract authorizes Anglia to distribute and market the full Bel portfolio of circuit protection, magnetics and interconnect devices to OEMs throughout the UK and Ireland. Notably included in the stocking package are SMT chip fuses, and MagJack(R) integrated connector modules, which are now offered online through Anglia Live (www.anglia-live.com).
Nasdaq stocks posting largest volume decreases
AP - Tue Mar 11, 5:02PM CDT
NEW YORK (AP) — A look at the 10 biggest volume decliners on Nasdaq at the close of trading:
Bel Reports Fourth Quarter Net Earnings of $0.61 Per Class A Share and $0.65 Per Class B Share as Revenue Increases 26.8% to $91.0 Million
Business Wire - Thu Feb 13, 7:00AM CST
Bel Fuse Inc. (NASDAQ:BELFA)(NASDAQ:BELFB) today announced preliminary unaudited financial results for the fourth quarter and 2013.
Bel to Release Fourth Quarter 2013 Results on Thursday, February 13, 2014; Conference Call and Webcast Set for 11:00 a.m. EST
GlobeNewswire - Mon Feb 03, 6:30AM CST
BEL FUSE INC., (Nasdaq:BELFA) (Nasdaq:BELFB) will release financial results for the fourth quarter and year ended December 31, 2013 at approximately 7:30 a.m. EST on Thursday, February 13, 2014. Bel has scheduled a conference call at 11:00 a.m. EST that morning to discuss its results for the quarter. To participate in the call, dial (720) 545-0088, conference ID #57594769.
2014 Report on the International Circuit Breaker Market & Fuse Market - Trends & Forecast to 2018
M2 - Mon Jan 27, 5:00AM CST
Research and Markets (http://www.researchandmarkets.com/research/tjwwrt/circuit_breaker) has announced the addition of the "2014 Report on the International Circuit Breaker Market & Fuse Market - Trends & Forecast to 2018" report to their offering. The international circuit breaker market is estimated to reach $15,100.0 million by 2018, with a CAGR of 5.2% from 2013 to 2018. The Americas, with its thriving economies and rapidly expanding manufacturing bases, is expected to experience highest revenue growth during the next five years. Asia-Pacific is having highest CAGR of around 6.0% from 2013 to 2018. The need to satisfy rising electricity distribution demand is expected to enhance the growth prospects of the circuit breaker & fuse market. The lucrative and high-investment areas such as Asia-Pacific and Americas are the key driving factors for the exponential growth of circuit breaker & fuse market. Circuit breakers have bigger market as compared to fuses. Also there is a significant variation in the pricing of circuit breakers and fuses. Demand wise, the circuit breaker is dominating and expected to follow the same trend Electric-power transmission is the bulk transfer of electricity, from power plants to electrical substations. Electric power transmission and distribution (T&D) equipments have very high demand. The primary driver for increases in transmission spending is demand for the electricity grid. Circuit breaker & fuses are one of the major components of the power transmission equipments. This report analyzes various marketing trends and establishes the most effective growth strategy. It identifies market dynamics such as drivers, opportunities, burning issues, and winning imperatives. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Market Overview 4 Market Analysis 5 Circuit Breaker Market, By Types 6 Fuse Market, By Types 7 Circuit Breaker & Fuse Market, By Applications 8 Circuit Breaker & Fuse Market, By Geography 9 Competitive Landscape 10 Company Profiles Companies Mentioned: - ABB - Alstom - BEL Fuse - Celeasco - E-T-A Elektrotechnische Apparate - Eaton Corporation - G&W Electric Company - General Electric - Littelfuse - Mersen - Mitsubishi Electric - Pennsylvania Breaker - Powell Industries - S&C Electric Company - Schneider Electric - Siba - Siemens - TE Connectivity - Toshiba For more information visit http://www.researchandmarkets.com/research/tj...it_breaker
Bel Announces Opening of R&D Center in China
Business Wire - Wed Jan 15, 8:00AM CST
Bel Fuse Inc. (NASDAQ:BELFA)(NASDAQ:BELFB) announced today the opening of the company's newest R&D center, located at its TRP Connector division in Changping, China.
Signal Transformer Announces the Completion of NY-Sun Solar Installation in Long Island
Business Wire - Mon Jan 13, 6:29AM CST
Under Governor Cuomo's NY-Sun initiative, Signal Transformer, a division of Bel Fuse Inc. (NASDAQ: BELFA) (NASDAQ: BELFB), completed the installation of a solar photovoltaic (PV) system at their Inwood, NY facility. Signal Transformer is a premier manufacturer of high-efficiency transformers, chokes, and inductors, which are widely employed in an array of mission-critical power applications worldwide.
BEL to Present at the 16th Annual Needham & Company Growth Conference, Thursday, January 16, 2014 at Approximately 2:10 p.m. EST
Business Wire - Mon Jan 06, 6:29AM CST
BEL FUSE INC. (NASDAQ:BELFB) & (NASDAQ:BELFA), announced today that it will make a presentation at the Sixteenth Annual Needham Company, LLC Growth Conference on Thursday, January 16, 2014 at approximately 2:10 p.m. EST at the New York Palace Hotel, New York City.