Latest GenCorp Inc. Stories

NEW YORK, January 30, 2013 /PRNewswire/ -- Today, Traders Insight announced new research reports highlighting Zebra Technologies Corp. (Nasdaq: ZBRA), Proto Labs, Inc. (NYSE: PRLB), Travelzoo, Inc. (Nasdaq: TZOO), GenCorp, Inc. (NYSE: GY) and Lender Processing Services, Inc. (NYSE: LPS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. Zebra Technologies Corp. Research...

SACRAMENTO, Calif., Jan. 28, 2013 /PRNewswire/ -- GenCorp Inc. (NYSE: GY) ("GenCorp") announced today that it has closed the offering of $460 million aggregate principal amount of its 7.125% Second-Priority Senior Secured Notes due 2021 (the "Notes"). The Notes were sold to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States in accordance with Regulation S under the Securities...

SACRAMENTO, Calif., Jan. 18, 2013 /PRNewswire/ -- GenCorp Inc. (NYSE: GY) ("GenCorp") announced today that it has priced an offering of $460 million aggregate principal amount of its 7.125% Second-Priority Senior Secured Notes due 2021 (the "Notes"). The Notes will be sold to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States in accordance with Regulation S under the...

SACRAMENTO, Calif., July 23, 2012 /PRNewswire/ -- Aerojet-General Corporation, a GenCorp Inc. (NYSE: GY) company, announced today that Warren M. Boley, Jr., will be joining Aerojet as its President, effective August 20, 2012. Boley succeeds Scott J. Seymour, Aerojet President since January 2010, who will continue in his role as GenCorp President and Chief Executive Officer. As Boley transitions into his new role, Seymour will work with him to assure a smooth transition across the...

SACRAMENTO, Calif., July 23, 2012 /PRNewswire/ -- GenCorp Inc. (NYSE: GY), headquartered in Sacramento, California, announced today that it has signed a definitive agreement to acquire Pratt & Whitney Rocketdyne (PWR) from United Technologies Corporation (NYSE: UTX) for $550 million. "We see great strategic value in this transaction for the country, our customers, partner supply base and our shareholders," GenCorp Chief Executive Officer Scott Seymour said. "The combined...

HARTFORD, Conn., July 23, 2012 /PRNewswire/ -- United Technologies Corp. (NYSE: UTX) today announced it has reached agreement to sell its Rocketdyne unit, currently part of Pratt & Whitney, to GenCorp Inc. for $550 million. The transaction is expected to close in the first half of 2013.As previously announced, proceeds from the sale will be used to repay a portion of the short-term debt incurred to finance the proposed acquisition of Goodrich Corporation. The transaction is...

SACRAMENTO, Calif., Feb. 6, 2012 /PRNewswire/ -- GenCorp Inc. (NYSE: GY) today reported results for the fiscal year and fourth quarter ended November 30, 2011. Financial Overview The Company provides Non-GAAP measures as a supplement to financial results based on GAAP. A reconciliation of the Non-GAAP measures to the most directly comparable GAAP measures is included at the end of the release. Fiscal 2011 compared to Fiscal 2010 Net sales for 2011 totaled $918.1 million compared to $857.9...

SACRAMENTO, Calif., Nov. 21, 2011 /PRNewswire/ -- GenCorp Inc. ("GenCorp" or the "Company") (NYSE: GY) today announced that it entered into an amended and restated $200 million credit facility. The new credit facility amends and restates the Company's prior credit agreement and, (i) extends the maturity date to November 18, 2016 (which date may be accelerated in certain cases); and (ii) replaces the existing revolving credit facility and credit-linked facility with a revolving credit...

SACRAMENTO, Calif., Oct. 24, 2011 /PRNewswire/ -- GenCorp Inc. ("GenCorp") (NYSE: GY) today announced that it is notifying holders of its 2 1/4% Convertible Subordinated Debentures due 2024 (the "Debentures") that they have an option to require GenCorp to repurchase, on November 21, 2011, all or a portion of their Debentures at a purchase price equal to 100% of the principal amount of the Debentures to be repurchased, plus any accrued and unpaid interest (the "Option"). As of October 19,...

SACRAMENTO, Calif., Sept. 29, 2011 /PRNewswire/ -- GenCorp Inc. (NYSE: GY) today reported results for the third quarter ended August 31, 2011. Financial Overview The Company provides Non-GAAP measures as a supplement to financial results based on GAAP. A reconciliation of the Non-GAAP measures to the most directly comparable GAAP measures is included at the end of the release. Net sales for the third quarter of 2011 totaled $226.2 million compared to $210.7 million for the third quarter of...