Brunswick Corp. (BC) announced after the close Wednesday that it has agreed to acquire Cybex International Inc. for $195 million.
The company also increased its full year 2016 adjusted EPS forecast to between $3.35 and $3.50. The consensus estimate is for EPS of $3.40.
Brunswick has gapped open sharply higher Thursday morning and is now up 3.68 at $42.17. The stock has rebounded from the lows of the year, following a 2 1/2 week decline.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.