Regal Beloit Divests Business Unit

Regal Beloit reported a gain on disposal of a business in its nine-month 2016 results, indicating a divestiture occurred during the period. The specific business unit sold was not named.

“Gain on Disposal of Business — — (0.14 ) —”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.