Modine CEO Rings Bell Today To Begin Trading on NYSE
Modine President and CEO David Rayburn rang the bell this morning to open trading on The New York Stock Exchange (NYSE) celebrating the start of trading of Modine common stock on the NYSE. Modine common stock will be traded under the new ticker symbol “MOD.” The company transferred its common stock to the NYSE on October 14 from the NASDAQ where it had been traded under the ticker symbol “MODI.” Yesterday, Modine CEO Dave Rayburn and CFO Brad Richardson conducted a conference call from the NYSE to discuss the company’s fiscal 2005 second quarter results, which included net income more than tripling, and sales increasing 30 percent versus the comparable 2003 quarter.
Johnson Controls Renews Sponsorship of Rocketsports Racing in Champ Car World Series
Johnson Controls is continuing its sponsorship of Lansing, Mich.-based Rocketsports Racing in the 2004 Champ Car World Series. Brian Kesseler, group vice president and general manager of customer business units for the automotive group of Johnson Controls, and Rocketsports team owner, Paul Gentilozzi announced their return to the premier open-wheel racing series with plans for the upcoming season.