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Breaking News: UBA wins Africa's Most Reliable, Global Bank 2021 Award, defeat Financial Institutions in Ghana, South Africa, Tanzania; Q3 2021 Gross earnings hit N490.3 billion in 37% Profit growth …Tony Elumelu receives World's Lifetime Banking Icon Hall of Fame Award, bank operational in 19 African countries *Banking style, profits, business model; customer service relations and Integrity stands out *Dr. Raphael James, founder of largest Photo Museum in Nigeria with over 36, 000 photos emerge winner, Africa's Most Outstanding History Preservation Award 2021 *BY EDITORIAL BOARD & Special Reports by GEORGE ELIJAH OTUMU/AMERICA Foreign Editor

Breaking News: UBA wins Africa's Most Reliable, Global Bank 2021 Award, defeat Financial Institutions in Ghana, South Africa, Tanzania; Q3 2021 Gross earnings hit N490.3 billion in 37% Profit growth …Tony Elumelu receives World's Lifetime Banking Icon Hall of Fame Award, bank operational in 19 African countries *Banking style, profits, business model; customer service relations and Integrity stands out *Dr. Raphael James, founder of largest Photo Museum in Nigeria with over 36, 000 photos emerge winner, Africa's Most Outstanding History Preservation Award 2021 *BY EDITORIAL BOARD & Special Reports by GEORGE ELIJAH OTUMU/AMERICA Foreign Editor
nigeriastandardnewspaper.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nigeriastandardnewspaper.com Daily Mail and Mail on Sunday newspapers.

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GBX Fiscal 1Q21: 'Strong Liquidity,' $2.35B Backlog


GBX Fiscal 1Q21: ‘Strong Liquidity,’ $2.35B Backlog
Written by
Marybeth Luczak, Executive Editor
“Greenbrier remains focused on sustaining a high level of liquidity and carefully managing our manufacturing footprint in order to continue to generate operating cash flow,” Chairman and CEO William A. Furman said.
The Greenbrier Companies, Inc. (GBX), in its first fiscal quarter ended Nov. 30, 2020, reported a net loss of $10 million, attributable to the company, in what continues to be a “challenging market environment.” GBX noted it has been successful in maintaining cash flow and liquidity “essential components” of its operating strategy and its diversified $2.35 billion new railcar backlog of 23,900 units including orders for 2,900 railcars in the quarter, valued at $260 million “provides a baseload of activity as we gain greater visibility into customer needs as the year unfolds.” ....

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