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Last $0.06 USD
Change Today -0.006 / -9.09%
Volume 3.1M
XIDEQ On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

exide technologies (XIDEQ) Snapshot

Open
$0.07
Previous Close
$0.07
Day High
$0.07
Day Low
$0.06
52 Week High
06/16/14 - $0.30
52 Week Low
03/17/15 - $0.04
Market Cap
4.7M
Average Volume 10 Days
1.6M
EPS TTM
$-2.75
Shares Outstanding
78.0M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for EXIDE TECHNOLOGIES (XIDEQ)

exide technologies (XIDEQ) Related Businessweek News

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exide technologies (XIDEQ) Details

Exide Technologies manufactures and supplies lead-acid batteries for transportation and industrial applications worldwide. It operates in four segments: Transportation Americas, Transportation Europe and Rest of World (ROW), Industrial Energy Americas, and Industrial Energy Europe and ROW. The company’s transportation batteries include starting, lighting, and ignition batteries for cars, trucks, off-road vehicles, agricultural and construction vehicles, motorcycles, recreational vehicles, marine, and other applications, such as micro-hybrids under the Exide, Exide Extreme, Exide NASCAR Select, Centra, DETA, Orbital, Fulmen, and Tudor brands, as well as under the private labels. Its industrial batteries comprise motive power batteries, which are used in the material handling industry for electric forklift trucks, as well as in other industries, such as floor cleaning machinery, powered wheelchairs, railroad locomotives, mining, and the electric road vehicles market; and battery chargers and related equipment for the operation and maintenance of battery-powered vehicles. In addition, the company provides network power batteries that are used to provide back-up power for use with telecommunications systems, computer installations or data centers, hospitals, air traffic control systems, security systems, utilities, railway, and military applications under the Absolyte and Sonnenschein brands. Further, it recycles lead-acid batteries. Exide Technologies markets its transportation batteries to the retailers and distributors of replacement batteries and automotive original equipment manufacturers (OEM); and industrial batteries to OEM suppliers of lift trucks, industrial and warehousing companies, retail distributors, and manufacturers. The company was founded in 1888 and is headquartered in Milton, Georgia. On June 10, 2013, Exide Technologies filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.

8,986 Employees
Last Reported Date: 07/31/14
Founded in 1888

exide technologies (XIDEQ) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.5M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $435.0K
Executive Vice President and President of Exi...
Total Annual Compensation: $400.8K
Chief Restructuring Officer
Total Annual Compensation: $1.5M
Executive Vice President and General Counsel
Total Annual Compensation: $385.6K
Compensation as of Fiscal Year 2014.

exide technologies (XIDEQ) Key Developments

Exide Technologies Names Keith Wandell as Chairman

Keith Wandell, the retiring president and chief executive officer of Harley-Davidson Inc., is making a return to the battery business after being named chairman of Exide Technologies as part of that company's bankruptcy reorganization. Before taking the helm at Harley-Davidson six years ago, Wandell served as president and CEO of Johnson Controls Inc.

Exide Closes California Facility, Cutting 130 Jobs

Exide Technologies announced that it will shut down its lead-acid battery recycling facility in Vernon, Calif., as part of a settlement to resolve the federal government's criminal investigation into the company. The company said the closure will put 130 people out of work. Exide also worked out a framework with the California Department of Toxic Substances Control for the orderly closure and cleanup of the facility. The company said it agreed to the framework after hearing from the department it would likely deny its Part B hazardous waste facility permit application.

Exide Technologies Seeks Approval from Lenders to Extend DIP Financing Maturity Date

Exide Technologies announced that the Company is seeking approval from its lenders for an extension of its debtor-in-possession (DIP) credit facility's maturity date to March 31, 2015. This extension would provide Exide additional time to complete negotiations with its noteholders around a stand-alone Plan of Reorganization. Exide already has obtained consent to the maturity extension from JPMorgan, the DIP credit facility's agent bank, along with support from holders of a substantial percentage of the DIP facility's term loans. Exide expects to receive approval of the amendment from the balance of its lenders by next week. No bankruptcy court approval is required for the maturity date extension; approval of other elements of the amendment will be considered by the bankruptcy court at an October 31 hearing.

 

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