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Latest Tecumseh Products Company Stories

2014-06-27 16:24:44

ANN ARBOR, Mich., June 27, 2014 /PRNewswire/ -- Harold Karp has been named interim President and Chief Executive Officer of Tecumseh Products Company (Nasdaq:TECU) following the resignation of James Connor. The Tecumseh Board of Directors also approved the appointment of Gary Cowger as Chairman. "Tecumseh will immediately benefit from Harold's strong leadership skills and global manufacturing expertise which he has developed over the years," said Cowger. "Harold has a wealth of...

2014-03-04 16:27:33

- Net sales in the year decreased $31.1 million, or 3.6%, versus the same period of 2012. ANN ARBOR, Mich., March 4, 2014 /PRNewswire/ -- Tecumseh Products Company (Nasdaq: TECUA, TECUB), a leading global manufacturer of compressors and related products, today reported an operating loss of $19.0 million and a net loss of $37.5 million, or a net loss per share of $2.03, on net sales of $823.6 million for the year ended December 31, 2013. This compares with operating income of...

2014-03-04 08:34:38

ANN ARBOR, Mich., March 4, 2014 /PRNewswire/ -- Tecumseh Products Company (Nasdaq: TECUA/TECUB), a leading global manufacturer of compressors and related products, announced today that Igor Popov will be joining our organization as Chief Restructuring Officer. Mr. Popov has successfully served in the CRO role in the past and brings to the Company this valuable experience, operational insight and vision for a business turn around at Tecumseh. Mr. Popov will have a dual reporting...

2014-02-28 20:24:02

ANN ARBOR, Mich., Feb. 28, 2014 /PRNewswire/ -- Tecumseh Products Company (NASDAQ: TECUA, TECUB) announced today that it will release its 2013 full year financial results after market close on Tuesday, March 4, 2014. The Company will broadcast its financial results conference call live over the Internet on Wednesday, March 5, 2014 at 11:00 a.m. ET. Those who wish to listen to this conference call should visit the Investor Relations section of the Company's web site at...

2014-01-24 16:22:34

ANN ARBOR, Mich., Jan. 24, 2014 /PRNewswire/ -- Tecumseh Products Company (Nasdaq: TECUA/TECUB), a leading global manufacturer of compressors and related products, announced today the addition of Mr. Harold M. Karp to its Board of Directors and the resignation of Zachary E. Savas from its Board. On January 23, 2014, effective immediately, Tecumseh's Board appointed Harold M. Karp to fill the vacancy created by Mr. Lebowski's December 31, 2013 resignation. "We are delighted to...


Word of the Day
tesla
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.